Welcome Benefit: Users will get 1000 reward points as a welcome benefit.
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Shaurya SBI Card
Rewards & Benefits
Welcome Benefits
Welcome Benefit: Users will get 1000 reward points as a welcome benefit.
Milestone Benefits
Annual fee reversal on spending INR 50,000 on the card.
Cashback Rate
Value of 1 point = INR 0.25.
5 point on spend of every INR 100 on CSD, dining, movies, departmental stores and grocery.Effective cashback rate: 1.25%.
1 reward points on all other spends per INR 100. Effective general cashback rate: 0.25%.
Movie Benefits
5 points on spend of every INR 100 on CSD, dining, movies, departmental stores and grocery. Effective cashback rate: 1.25%.
Dining Benefits
5 points on spend of every INR 100 on CSD, dining, movies, departmental stores and grocery. Effective cashback rate: 1.25%.
Other Benefits
Annual fee reversal on spending Rs 50,000 on the card.; Free personal accidental insurance cover of Rs Rs 2 Lakhs (offered by RuPay).
Lounge Access
None.
Rewards & Benefits
Welcome Benefits
Welcome Benefit: Users will get 1000 reward points as a welcome benefit.
Milestone Benefits
Annual fee reversal on spending INR 50,000 on the card.
Cashback Rate
Value of 1 point = INR 0.25.
5 point on spend of every INR 100 on CSD, dining, movies, departmental stores and grocery.Effective cashback rate: 1.25%.
1 reward points on all other spends per INR 100. Effective general cashback rate: 0.25%.
Movie Benefits
5 points on spend of every INR 100 on CSD, dining, movies, departmental stores and grocery. Effective cashback rate: 1.25%.
Dining Benefits
5 points on spend of every INR 100 on CSD, dining, movies, departmental stores and grocery. Effective cashback rate: 1.25%.
Other Benefits
Annual fee reversal on spending Rs 50,000 on the card.; Free personal accidental insurance cover of Rs Rs 2 Lakhs (offered by RuPay).
Lounge Access
None.
Fees & Charges of
Shaurya SBI Card
Joining Fee
INR 250 + Taxes.
Annual Fee
INR 250 + Taxes.
Cash Advance Fee
Cash Advance fees: 2.5% or Rs. 500 whichever is higher at domestic ATMs and 2.5% or Rs. 500, whichever is higher at international ATMs.
Interest rate
Interest Rate: Up to 3.50% per month (42% per annum) from the transaction date.
Late Payment Fee
Late Payment charges will be applicable if Minimum Amount Due is not paid by the payment due date. NIL for Outstanding Amount on payment date from Rs.0-Rs.500, Rs. 400 for Outstanding Amount greater than Rs. 500 & up to Rs. 1000; Rs. 750 for Outstanding Amount greater than Rs. 1000 & up to Rs. 10,000; Rs. 950 for Outstanding Amount greater than Rs. 10,000 up to Rs. 25,000; Rs. 1100 for Outstanding Amount greater than Rs. 25,000 & up to Rs. 50,000; Rs. 1300 for Outstanding Amount greater than Rs. 50,000.
Foreign Currency Transactions Fee
3.50%
Other Fees
Renewal Fee (per annum): INR 250 + Taxes. | Reward Redemption Fees: INR 99/- per redemption.
Joining Fee
INR 250 + Taxes.
Annual Fee
INR 250 + Taxes.
Cash Advance Fee
2.5% or ?500 whichever is higher
Interest rate
Interest Rate: Up to 3.50% per month (42% per annum) from the transaction date.
Late Payment Fee
Late Payment charges will be applicable if Minimum Amount Due is not paid by the payment due date. NIL for Outstanding Amount on payment date from Rs.0-Rs.500, Rs. 400 for Outstanding Amount greater than Rs. 500 & up to Rs. 1000; Rs. 750 for Outstanding Amount greater than Rs. 1000 & up to Rs. 10,000; Rs. 950 for Outstanding Amount greater than Rs. 10,000 up to Rs. 25,000; Rs. 1100 for Outstanding Amount greater than Rs. 25,000 & up to Rs. 50,000; Rs. 1300 for Outstanding Amount greater than Rs. 50,000.
Foreign Currency Transactions Fee
3.50%
Other Fees
Renewal Fee (per annum): INR 250 + Taxes. | Reward Redemption Fees: INR 99/- per redemption.
Fee and Charges of
Shaurya SBI Card
Special Features
5 points on spending every INR 100 on CSD, dining, movies, departmental stores and grocery. Value of 1 point = INR 0.25.
Eligibility Criteria
Age: You must be minimum 21 and maximum 70 years old.
Occupation: You must be employed with the army, navy, airforce, or coastguard.
Income: You must have a stable source of income.
Credit score: A good credit score is generally required.
Speical Feature, Eligibility and Benefits of
Shaurya SBI Card
How to apply for Credit Card?
1. Online: This is the faster and more convenient method:
Visit the SBI Card website: Head to the official SBI Card website.
Navigate to the Shaurya SBI Card page: Find the "Personal" category and choose "Shopping" as the sub-category.
Click "Apply Now": Look for the prominent "Apply Now" button on the card page.
Fill out the application form: Provide your personal details, income information, and KYC documents like PAN, etc.
Review and submit: Carefully review the application details.
Await decision: You'll receive an instant preliminary decision based on the information provided.
2. Offline: This method involves visiting a SBI branch and completing the application process:
Visit an SBI branch: Find a nearby SBI branch and express your interest in applying for the Shaurya SBI Card.
Fill out the application form: A bank representative will assist you with the form and guide you through the process.
Submit the form and documents: Provide all requisite documents such as PAN, Aadhaar, and income proof along with the completed application.
Await decision: The bank will process your application and inform you about the final decision through your preferred communication channel.
Contact Details
l 1860 500 1290, 1860 180 1290, 39 02 02 02(Prefix local the STD code) or 1800 180 1290 (Toll Free)
Account Opening and Procedure of
Shaurya SBI Card
The only good thing about the card is that it offers 1.25% cashback on CSD, dining, movies, departmental stores and grocery. Otherwise the card does not have much to offer.
The only good thing about the card is that it offers 1.25% cashback on CSD, dining, movies, departmental stores and grocery. Otherwise the card does not have much to offer.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai