The SBI Virtual Debit Card is a digital version of a traditional debit card offered by the State Bank of India (SBI). It is designed for secure online transactions and contactless payments without requiring a physical card. This article will cover everything you need to know about the SBI Virtual Debit Card, including its features, benefits, issuance process, and usage limits.
What is SBI Virtual Debit Card?
The SBI Virtual Debit Card is a globally accepted, digital-only card that allows users to make online transactions and contactless payments through Google Pay and Samsung Pay. This card is currently available on Visa and MasterCard networks and can be used for both domestic and international transactions.
Features of SBI Virtual Debit Card
- Instant Generation: You can generate the virtual debit card instantly through SBI Net Banking (YONO or Online SBI).
- Card Details: It has a 16-digit card number, expiry date, and CVV, just like a physical debit card.
- Usage: It is meant for online transactions only (e-commerce, bill payments, etc.), and cannot be used for ATM withdrawals or POS (Point of Sale) transactions.
- Security: Since it is not linked to your primary debit card, it adds an extra layer of security against fraud.
- Validity: It is usually valid for a single transaction or for a limited period.
- No Physical Card: It exists only in a digital form and cannot be used for offline purchases.
- Completely digital, reducing fraud risks and plastic waste.
Usage & Limits
| Feature | Details |
|---|---|
| Transaction Channels | Online (E-commerce), Contactless (Tokenization via Google Pay & Samsung Pay) |
| Card Validity | 5 Years |
| Daily Purchase Limit | ₹50,000 (E-commerce transactions) |
| Contactless Payment Limit | ₹5,000 per transaction (via tokenization) |
| ATM Withdrawal | Not allowed |
| Annual Maintenance Charges (AMC) | Nil |
| Issuance Fee | Free of charge |
How to Apply for SBI Virtual Debit Card?
You can apply for an SBI Virtual Debit Card through SBI Net Banking or the YONO App. Here’s how:
Applying SBI Virtual Debit Card via SBI Net Banking
- Login to SBI Net Banking via onlinesbi.com.
- Go to “e-Services” > “ATM Card Services” > “Virtual Card”.
- Select the account for which the card should be issued.
- Set the spending limit.
- Confirm the details and generate your SBI Virtual Debit Card.
Applying SBI Virtual Debit Card via YONO App
1️⃣ Login to YONO App using your credentials.
2️⃣ Go to “Cards” → Select “SBI Debit Card”.
3️⃣ Choose your SB Account for the card issuance.
4️⃣ Select “Request for New Card” → Choose “Virtual Debit Card”.
5️⃣ Accept the Terms & Conditions and click Submit.
6️⃣ Enter the OTP received on your registered mobile number.
7️⃣ Your Virtual Debit Card will be instantly generated!
Additional Information
- A customer can hold only one virtual debit card per account.
- A new card can be issued only after 15 days if the previous one is blocked.
- Only two virtual card requests are allowed per year through online channels.
- The card tokenization service is available on Visa and MasterCard networks.
- For international transactions, OTP/PIN may not be required on certain merchant websites.
- International transactions are subject to applicable fees, charges, and taxes.
Why Choose SBI Virtual Debit Card?
The SBI Virtual Debit Card is an ideal choice for those who frequently shop online or want a secure, digital payment method without the risk of losing a physical card. Its instant issuance, zero fees, and support for international transactions make it a convenient and cost-effective solution.
The SBI Virtual Debit Card is a modern, secure, and eco-friendly banking solution that enhances online and contactless payments. With no issuance fee, no annual maintenance charges, and enhanced security, it is a great option for both domestic and international users. If you are an SBI account holder, applying for an SBI Virtual Debit Card through Net Banking or the YONO app is quick and hassle-free.
Get your SBI Virtual Debit Card today and experience seamless digital payments!
Frequently Asked Questions (FAQs)
1. Who can apply for an SBI Virtual Debit Card?
Any SBI account holder with a normal savings bank account (Non-FI segment) can apply for an SBI Virtual Debit Card.
2. Can I withdraw cash using the SBI Virtual Debit Card?
No, the SBI Virtual Debit Card cannot be used for ATM withdrawals. It is designed for online transactions and contactless payments only.
3. Is there a fee for issuing an SBI Virtual Debit Card?
No, there is no issuance fee for the SBI Virtual Debit Card. It is free of charge.
4. How many virtual debit cards can I request?
You can have only one virtual debit card per account at a time. However, you can request a new one after blocking the previous card, with a cooling period of 15 days.
5. Can I use the SBI Virtual Debit Card for international transactions?
Yes, the card can be used on select international merchant websites. However, OTP/PIN authentication may not be required for some international transactions.
6. How long is the SBI Virtual Debit Card valid?
The card is valid for 5 years from the date of issuance.
7. Can I use the SBI Virtual Debit Card for contactless payments?
Yes, you can use it for contactless transactions through Google Pay & Samsung Pay on NFC-enabled Android phones.
8. What is the daily transaction limit for the SBI Virtual Debit Card?
- E-commerce transactions: ₹50,000 per day
- Contactless tokenized payments: ₹5,000 per transaction
9. How do I block my SBI Virtual Debit Card?
You can block the card through SBI Net Banking or the YONO App. A new card can be issued after 15 days.
10. Are there any annual maintenance charges (AMC) for the card?
No, there are no annual maintenance charges (AMC) for the SBI Virtual Debit Card.
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