14.00 (1.36%) SBI and Bangalore Metro Rail Corporation (BMRCL) have introduced SBI-Debit-Cum-Transit card, designed to make possible hassle-free travel in the upcoming mass transport system. Other than acting as a transit card, the SBI-Debit-Cum-Transit card can be used for ATM transactions, at shops and malls and also at the bank's green channel counters.
The card which consists of an e-purse facilitates storing rupee value for travel in 'Namma Metro’. The e-purse can be topped up through any of SBI's banking channels like ATM, mobile and internet banking apart from cash. The card is the first of its kind in the world.
Bangalore metro is yet to become operational, but RDSO (Research, Design and Standards Organisation under Railways) has completed oscillation trials on 'Namma Metro' Reach-1 stretch from M G Road to Byapanahalli, with a total of six stations.