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Teledraft
(Easy Money Draft)



 

 
The facility that allows you to order a bank draft over the phone and on credit! You have the power of money in your hands. The SBI Card Teledraft facility guarantees flexibility, ease of use and effortless banking to you. You can use the SBI Card Teledraft facility in places that may not even accept credit cards as yet! Additionally, this new facility eases payment of various bills, taxes, fees and facilitates sending money to relatives, buying holiday tickets or jewelry etc. What's more, you may use the draft as a convenient way to send money home!

Just follow these simple 3 steps, and you'll get the draft right at your doorstep!

STEP 1
STEP 2
STEP 3
Just call the SBI Card Customer Helpline in your city and mention your card number to our customer service associate who will verify your details to establish your identity.
After the verification, the customer service associate will ask you for the amount of the draft, name of the beneficiary, city and branch payable at and other necessary details.
The draft will be delivered via courier within 7-10 working days at your mailing address.
 
You can order a draft whilst sitting at home by using the SBI Card Teledraft facility.
You can use the Teledraft Facility for making outstation payments, as a loan, to pay for mutual funds or at places which do not accept cards as yet.
You can order a Teledraft for any amount from a minimum of Rs. 5000 - up to 75% of your available Cash Limit.
Special Offer : Book Teledraft (Easy Money Draft) for any amount between Rs 5000 - up to 75% of your available Cash Limit and enjoy 0% Interest for 30 days. Processing fee of 1% or Rs 199 (whichever is higher) appilcable.This offer is valid only on your first EMD booked.
The draft amount should be within your available cash limit* (excluding cash advances taken).
A service charge of 1% or Rs 199 (whichever is higher) will be charged for every EMD booked. Finance Charge of upto 3.35% p.m.(w.e.f. 1st October 2008) will be charged from the date the draft is booked along with the draft amount in your next statement. If EMD booked through Special Offer then customer shall enjoy 0% interest for 30 days…post 30 days of your booking you shall be charged with the regular rate of interest i.e. upto 3.35% p.m.(w.e.f. 1st October 2008) on the amount carry forwarded or any balance. .

*Cash limit = upto 40% of credit limit.
 
With over 13,000 branches of SBI and its affiliates across India, the draft is payable even at the remotest location. This makes it extremely easy for you to pay without having to worry about carrying cash.

Use the SBI Card Teledraft facility to make payments for:
Outstation Payments nationwide
Loans
Mutual Funds
Taxes
Consumer Durables
School Fees
Holiday Tickets
Jewelry
Telephone & Electricity Bills
Short of cash or out of cash
  For more information, call the SBI Card Customer Helpline in your city
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