05 Jan, 2021 9:58a.m.

SBI promotes interest free pre-loaded RuPay cards as Special Festival Advance


Office of Controller General of Accounts
Ministry of Finance,
Department of Expenditure
Mahalekha Niyantrak Bhawan
E-Block, GPO Complex, INA,
New Delhi-110023

No. R-1106/3/2020-GBA-CGA/ 958-1003

31st December 2020


Sub: Issuance of Pre-Loaded Rupay Cards for Government Servants as part of Special Festival Advance

Reference is invited to the Ministry of Finance, Department of Expenditure, OM no. F.No.12(2)/2020-EII(A) dated 12th October 2020 notifying that all Government employees will be given an interest-free special festival advance of Rs. 10,000/- to meet expenses related to ensuing festivals. It was decided that the amount would be released through pre-loaded Rupay Cards issued by SBI.

  1. The Standard Operating Procedure (SOP) for disbursal of pre-paid UTSAV Card has also been circulated by DoE vide its OM dated 13th October 2020 (copy enclosed). The timeline for utilizing the advance is till 31st March 2021. Vide said OM, it was desired to send the requisite details in standard indent format for UTSAV Card to be mailed to agm2debitcards.dtb@isbi.co.in with a copy to dgmdebitcards.dtb@sbi.co.in.
  2. Chief General Manager, Govt. Banking Unit, SBI is coordinating with Ministries/Departments to take the Government’s initiative forward so that maximum members of Central Government Employees take the benefit of the interest-free advance.
  3. A Nodal Officer has also been designated from SBI for this purpose as per detail given as under:
    Mr. Sujay Kumar Yadav, DGM (D&TB P&O), SBI, Corporate Centre, Mittal Tower, Nariman Point, Mumbai-400021 Tel:- 022-22835514, E-Mail address: dgmdebitcards.dtb@sbi.co.in.
  4. All the Pr. CCAs/CCAs/CAs (Independent Charge) of Ministries/Departments are, therefore, requested to bring the contents of OM dated 13th October 2020 to the notice of all its attached and subordinate Office for their information/necessary action and arrange for early submission of indents as per SOP, If not already done.

(Padamsing Patil)
Asst. Controller General of Accounts (GBA)

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