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ICICI Bank’s Semi-Closed Prepaid Card offers a practical solution for corporates managing recurring disbursements. Accepted at Visa-enabled POS machines and e-commerce platforms, this card makes corporate payments for rewards, reimbursements, and commissions convenient and secure.
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Easy onboarding with multiple KYC options
Exclusive discounts and deals on top brands
5 years validity for long-term usage
Usable at any Visa-enabled POS machines and online stores across the country.
Can be reloaded based on corporate schedules, providing flexibility for recurring payments
Limits the spending to the loaded amount, minimising risks associated with traditional cash handling.
Trust in Every Transaction
The Semi-Closed Prepaid Card comes with an embedded microchip for high-level security.
₹250 + GST as applicable
₹250 + GST as applicable
₹199 + GST as applicable
Free
₹8.5 per inquiry + GST as applicable
Employee of the Corporate who is onboarded for the service
Holder of valid KYC document as per RBI guidelines
Bank Account holder of any Bank in India
To apply for a Semi-Closed Card, provide
Pan Card
Valid KYC Document
Mobile & Official Email ID
No physical documents required
ICICI Bank’s Semi-Closed Prepaid Card is designed specifically for corporate needs, enabling companies to manage recurring payments such as provision of dealership incentives, disbursal of reimbursement or petty cash, incentives/rewards to employees and recurring gifting solutions for your company. With wide acceptance at Visa-enabled Point of Sale (POS) terminals and online platforms, this prepaid card brings flexibility, security and efficiency to corporate disbursements. The Semi-Closed Card eliminates the need to handle cash, offering a streamlined payment alternative that enhances corporate operations and user convenience.
It is a prepaid card designed for corporates to manage recurring payments, such as employee rewards or dealer commissions, accepted at Visa-enabled POS terminals and e-commerce sites.
This is widely accepted at all Visa-enabled physical retail stores, ATMs and online platforms, providing flexibility for recipients.
Yes.
The card streamlines payments, reduces the need for cash handling, enhances security and provides tracking and control for corporate administrators.
Corporates can send an e-mail to mwcenquiry@icicibank.com or consult their Relationship Manager for assistance with the application.
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