Though the scheme will remain effective for a period of one month but the duration could be extended, depending on the response to the scheme, which is being launched simultaneously in Chandigarh, Coimbatore, Ernakulam, Indore, Jaipur, Lucknow, Pune, Vadodara And Vishakhapatnam, Besides Jamshedpur. As per the scheme, the State ATM-CUM-DEBIT Card Users can avail 3 to 6 per cent depending on the range of purchase from the POS, adding that the maximum limit of cash back scheme will be Rs.1000/-. The DGM said SBI has over 92,000 ATM card holder in Jamshedpur, where the SBI has 22 branches.
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