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What is the validity period of stored value pass?

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What is the validity period of stored value pass?

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Electronic values of a Stored Value Card have a validity of 1 year from the date of sale or last add value operation. Validity automatically extends one additional year from last add value date. If no add value is done during validity period then at the end of validity, the card will not work. There is also a grace period of 180 days within which purse amount and security deposit can be refunded.

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