ItzCash General Purpose Card

Classroom Training for ICW

Contents
Introduction Features of Freedom Card Sales Pitch - Scenarios Issuance Process: ICW Level Royal Sundaram General Insurance Fees Structure KYC Documents Marketing Activities

Introduction: Banked, Unbanked & Under Bank

Banked Population: Credit Card /Debit Card and Bank Account Holder Full access to financial services Already being fully serviced by Banks less users of cash

Under Banked Population: Bank Account Holders, may have debit card in some cases Partial access to financial services Being served by Bank but high users of cash Customers of Non-bank prepaid issuers Under Banked and Unbanked Population: Mostly does not hold any active Bank Account, No debit/credit Card Minimal access to formal financial services Very high users of cash Customers of Non-bank prepaid issuers Unbanked Population: No bank account, debit/credit/prepaid card No access to formal financial services and Customers of Micro-finance; users of cash Customers of BC/BF under No Frills A/c Scheme

Freedom Card
What is Freedom Card?
The Freedom Card is Indias first General Purpose Reloadable Prepaid Card brought to you by Development Credit Bank Limited and ITZ Cash Card Limited. It is a smart and cost-effective alternative to carry cash and make payments. The Freedom Card is simple, convenient and safe to use for a variety of services which include: Shopping at over 500,000 Merchant Establishments (which accept Visa Cards) like supermarkets, pharmacies, clothing stores, medical stores, and more. Make utility bill payments, book Rail & Air e-Ticket, online Mobile Recharge, Mobile Post Paid Bill Payment, DTH Subscription Renewals, payments for Government Services like Property Tax, Water bill payments and Shopping online or at ItzCash World Outlets. Withdrawing cash from ATMs, (which accept Visa cards). Transfer Money(Domestic Remittance) * (to be introduced shortly)

Features: Freedom Card

Freedom Card: where can it be used?
Freedom Card can be used to make payment at any merchant establishments (e.g. Spencers, mobile store, Big Bazaar etc) through any pos terminal who accepts VISA It can be used to do online transaction with any merchant who accepts VISA and also at Itz payment gateway Customer can withdraw money from any VISA enabled ATM.

Features: Freedom Card

DCB Bank No frills Account along with Freedom Card on request with Zero Balance at no additional charge Initially available as ESC (Essential Services Card) for making payments like Rail and Air booking, Prepaid, Postpaid, DTH, Insurance premium etc Can be upgraded to Open loop Card (OLC) or General Purpose Reloadable Card(GPR) by providing requisite KYC without additional fees Reloadable for a minimum value of Rs.250 ESC Maximum Rs. 10,000 OLC Maximum Rs. 50,000

Features: Freedom Card

Annual limit of transaction (From date of Card activation) ESC Rs, 1,00,000 OLC (Procured without PAN card) Rs. 2,00,000 OLC (Procured with PAN card) Rs. Validity: 5 Yrs from the date of activation 6,00,000 Reloadable at enrolled ICW only

Main Menu

Summary of Features: Freedom Card

Reload at your Convenience Avoid Queues to pay bills Shop more Cash withdrawal from any ATM No overspending worries Safer alternative to carry cash Buy online safely Book bus, train and movie tickets Accepted at all VISA outlets Main Menu

Sales Pitch Scenario 1

Unskilled/Skilled Labourer : Target Group Migrant Workers from other States Regularly send money to their native place via friends/colleagues/relatives/Postal money orders going to Native place Carry Cash in trains

Advantage of DCB Freedom Card Card can be reloaded and money withdrawn from any ATM Safer mode than carrying cash in train To get a DCB Bank No frill account and with it the access to financial services with no fees

Sales Pitch Scenario 2

Traders from Other Cities: Target Group Diamond Traders/Cloth Merchants Travel regularly for trade inter cities Transactions are generally in cash

Advantage of DCB Freedom Card Load the card and withdraw the funds as and when required(i.e. to make /receive payments )

Sales Pitch Scenario 3

Pocket Expenses : Target Group- Head of family/Father can forward the card to their children studying locally/Outstation Problem of tracking of funds Problem of transferring funds to students studying outstation

Advantage of DCB Freedom Card Could be used to track funds spent Card can be reloaded instantaneously and can be used to withdraw, shop, etc. Cash need not be managed at the students end.

Sales Pitch - Scenario 4

SME Business Customers: Target group Small Time Trader/Wholesalers Does business on a daily basis in cash Carries the money up down everyday

Advantage of DCB Freedom Card Freedom Card can be loaded with the cash and withdrawn whenever required Safer mode for carrying cash

Sales Pitch Scenario 5

Management of House Expenses: Target Group Housewives Monthly house expense can be reloaded on the card

Advantage of DCB Freedom Card Keep control of expenses Forms a tool for budgeting as expenses can be tracked with help of statements Add on Card can also be given to wife who can shop from Big Bazar, Malls etc. Cash back offer of 5% and maximum amount of Rs.250 from VISA upto 15th April,2012 on VISA outlets Style Statement amongst peer group

Sales Pitch Scenario 6

Utility Payment: Target group - Regular customers at ICW outlets Customers who come to the outlets for payments of energy bills/travel bookings/mobile recharge/air booking/DTH

Advantage of DCB Freedom Card Customer can use the Card to pay the bills at his end or use the services of ICW to help him pay the bill for him.

Features: Easy to Acquire

Issuance Process: ICW End

Main Menu

Royal Sundaram General Insurance: Freedom Card

Royal Sundaram Alliance Insurance Company Limited First private insurer in the country to be licensed post privatization in 2001. Insurance Features available with Freedom Card Lost Card Insurance Personal Accident Insurance Health Insurance (Self and Spouse)

Freedom Card: Fee Structure

Insurance

* Premium Amount is subject to change

Freedom Card: Fee Structure

*Charges are subject to change

Freedom Card: Fee Structure

*Charges are subject to change

YC documents : Photo Identity Proof

ID Proof documents UID / Adhaar Letter Voter ID Card Valid Passport Photo Ration Card (for the head of the family only) ID Card issued by defence authorities, State & central government, PSU companies, Public limited companies, schools & colleges (for students) Senior Citizen Card (Issued by State Government) Pass Book with photo attested by the bank Letter from scheduled bank (format specified) Valid Photo debit / credit card Letter with attested photo by collector / tehsildar / magistrate Letter from village pradhan / block development officer NREGA Card (Job card issued by Mahatma Gandhi National Rural Employment Guarantee Scheme) Social Security Card issued by State Government Signature Proof documents ID proof documents with customer signature Confirmed as Signed in my presence (by BC)

YC documents : Address Proof

Voter ID Card Valid Passport Ration Card Bank statement for last 3 months Gas receipt (cylinder receipt) (any 1 in last 3 months) Utility bill Gas, Electricity, Telephone, Mobile (any 1 in last 3 months) Life insurance policy certificate / Premium due notice (last 3 months) Registered lease agreement or Notarised unregistered lease agreement Senior Citizen Card (Issued by State Government) Bank Pass Book last 3 months entries (including cooperative banks) Letter from scheduled bank (format specified) Credit card statement latest 1 month Letter from village pradhan / block development officer NREGA Card (Job card issued by Mahatma Gandhi National Rural Employment Guarantee Scheme) Letter from relative (with ISA of relative & NOC) Latest house tax receipt from municipal office PAN allotment / intimation letter (< 2 years) (not ok if ID proof is PAN)

Thank You