IRCTC Rupay SBI Credit Card

The IRCTC Rupay card, a product of collaboration between the State Bank of India and Indian Railways, is a travel-centric credit card designed specifically for frequent rail travelers. This credit card provides an array of advantages primarily centered around travel, including accelerated reward points, as well as additional perks in categories like fuel surcharges and access to airport lounges. To acquire this card, you’ll need to pay an annual fee of Rs.500, and it comes with a monthly interest rate of 3.50%.

Key Highlights of IRCTC Rupay SBI Card

  • Joining Fees: Rs 500 +Taxes
  • Annual Fees: Rs 300 +Taxes
  • Should be an Indian resident
  • Minimum age of 18 years
  • Must be salaried or self employed
  • Possess last 3 months bank statements

Features and Benefits of IRCTC Rupay SBI Credit Card

1. Welcome Benefit:

  • Submit your card application before March 31, 2021, and enjoy a waiver of the joining fee.
  • Get rewarded with 350 points when you spend Rs. 500 or above within the initial 45 days.

2. IRCTC Benefit:

  • Get a 10% Valueback in reward points when booking AC1, AC2, AC3, and AC Chair Car tickets via the IRCTC website.
  • Enjoy a waiver of 1% transaction charges on railway ticket bookings.

3. Rewards Program:

  • Earn 1 Reward Point for every Rs. 125 spent on retail and railway tickets (excluding specific ticket types).

4. Railway Lounge Program:

  • You’ll get a free pass to a railway lounge in India once every three months at select locations.

5. Rupay Offers:

  • Unlock special deals for travel, golfing, dining, and various entertainment activities via the Rupay Platform.

6. Fuel Surcharge Waiver:

  • Enjoy a 1% fuel surcharge waiver, capped at Rs. 100 per month.

7. Visa Variant:

  • SBI Card presents a Visa option lacking lounge access or Rupay benefits, accompanied by a Rs. 500 enrollment fee. All other aspects remain unaltered.

IRCTC Rupay SBI Credit Card Fees and Charges

  1. Spend Based Waiver: None
  2. Rewards Redemption Fee: Rs. 99
  3. Foreign Currency Markup: 3.5% for foreign conversions
  4. Interest Rates: 3.5% per month (42% per annum)
  5. Fuel Surcharge: 1% fuel surcharge waiver at all Indian petrol pumps for transactions between Rs. 500 to Rs. 3,000, with a maximum waiver of Rs. 100 per statement cycle.
  6. Cash Advance Charges: 2.5% or Rs. 500 (whichever is higher)
  7. Add-on Card Fee: None

Eligibility criteria for the IRCTC Rupay SBI Credit Card

  1. Age: Applicants must fall within the age range of 21 to 70 years old.
  2. Employment Status: People who can qualify are those who receive salaries and those who work for themselves.
  3. Credit Score: A good credit score is required to qualify for this credit card application.

Documents Required for IRCTC Rupay SBI Credit Card

1. Identity Proof:

  • Aadhaar Card
  • Voter ID
  • PAN Card
  • Passport
  • Driving License
  • Ration Card

2. Address Proof:

  • Aadhaar Card
  • Passport
  • Utility bills
  • Voter ID
  • Ration Card

3. Income Proof:

  • Salary slips of the previous 6 months
  • Copy of your recent ITR (Income Tax Return)
  • Bank statement of the last 3 months

How to apply for IRCTC Rupay SBI Credit Card

  1. Check Eligibility:
    Before applying, ensure that you meet the eligibility criteria set by SBI for this credit card. Common eligibility criteria include age, income, and credit score. You can find these details on the SBI official website or by contacting their customer service.
  2. Visit SBI’s Official Website:
    Visit the authorized website of the State Bank of India. Navigate to the ‘Credit Cards’ section.
  3. Browse Credit Cards:
    Look for the IRCTC RuPay SBI Credit Card in the list of credit cards offered by SBI. To access further information, simply click on the link.
  4. Check Features and Benefits:
    Examine the characteristics, advantages, costs, and incentives linked with the IRCTC RuPay SBI Credit Card to verify they meet your requirements and preferences.
  5. Click on “Apply Now”:
    Once you have decided to apply, click on the “Apply Now” or “Apply Online” button.
  6. Fill in the Application Form:
    You’ll be directed to an online application form. Fill in all the required details accurately. This typically includes your personal information, contact details, income details, and more. Make sure to double-check your information for accuracy.
  7. Submit Documents:
    You might be asked to provide various documents to verify your identity, address, and income. These commonly requested documents typically include your Aadhaar card, PAN card, salary slips, bank statements, and proof of address.
  8. Agree to Terms and Conditions:
    Familiarize yourself with the terms and conditions linked to the credit card. If you concur, proceed to accept them.
  9. Review and Submit:
    Before submitting your application, carefully review all the information you’ve provided. Ensure there are no errors.
  10. Submit the Application:
    Once you are satisfied with the application, submit it.

Frequently Asked Questions (FAQs)

Q1: What does the IRCTC RuPay SBI Credit Card offer?

A1: The IRCTC RuPay SBI Credit Card is a collaboration between SBI and IRCTC, aiming to provide exclusive perks for railway users.

Q2: How do I apply for the IRCTC RuPay SBI Credit Card?

A2: You can apply online via the SBI website or visit an SBI branch, completing an online form and submitting necessary documents.

Q3: What are the main features of the IRCTC RuPay SBI Credit Card?

A3: Key features include extra reward points for railway bookings, fuel surcharge waivers, discounts on IRCTC partner sites, and complimentary insurance.

Q4: What benefits come with booking train tickets using this card?

A4: Booking train tickets earns accelerated reward points, redeemable for discounts or merchandise.

Q5: Are there joining or annual fees for this card?

A5: Fee structures vary, with some cards having joining and annual fees, while others offer waivers based on usage.

Q6: How do I redeem the reward points earned?

A6: Redeem points online for train tickets, merchandise, vouchers, or statement credit via the SBI Card website or app.

Q7: Does the card include travel insurance?

A7: Typically, yes. Check specific terms for coverage details such as accidental death and hospitalization.

Q8: Can I use this card for transactions beyond railway bookings?

A8: Yes, it’s a regular credit card usable for shopping, dining, fuel, etc., though extra rewards usually apply to railway bookings.

Q9: How can I check my statement and balance?

A9: Access your statement and balance online via the SBI Card website or app, or receive physical statements.

Q10: What should I do if my card is lost or stolen?

A10: Report loss or theft immediately to SBI Card customer service to block the card and potentially receive a replacement based on bank policy.