PAYROLL CARD
Simplified and hassle-free salary disbursals
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The YES BANK Payroll Card is a rupee denominated prepaid card for disbursing your employees salaries in a more simpler and systematic manner. Pre-funded by the organization, the YES BANK Payroll Card lets the company issue payment by card instead of disbursing cash or cheques to its employees. By facilitating cash withdrawal at any ATM in India and point-of-sale transactions at all merchant outlets supporting MasterCard transactions, the Payroll Card eliminates the need for a separate salary account.
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key attractions
NO BANK ACCOUNT
No bank account required.
NO MINIMUM BALANCE
Make salary payouts without maintaining any minimum balance.
WIDE REACH
Wide acceptance at merchants and cash withdrawal at any ATM in India
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This is a prepaid rupee denominated reloadable MasterCard Card with a validity of 5 years
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Accepted across all YES BANK ATMs in India and any ATM that accepts MasterCard .(Can be used only to perform domestic transactions)
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Accepted at any Merchant that accepts MasterCard in India
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No bank account or average quarterly balance maintenance is required
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Daily cash withdrawal at ATMs: INR 10,000 and daily POS transaction limit: INR 20,000
Terms & Conditions (English) (Hindi) (Marathi) (Gujarati) (Punjabi) (Tamil) (Telugu) (Kannada) (Malayalam)
Most Important Terms & Condition – check here (Hindi)
Most Important Terms & Condition – check here (English)
| Services | Charges |
| Card Issuance Fee* | INR 200 |
| Card Replacement Fee | INR 100 |
| Cash Withdrawal Fee (at Non-YES Bank ATMs) | INR 20 |
| ATM Balance Enquiry Fee (at Non-YES Bank ATMs) | INR 8 |
| ATM PIN Regeneration Fee | INR 25 |
* GST as applicable will be charged
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