SBI Shaurya Credit Card

The SBI Shaurya Credit Card caters specifically to individuals in the defense sector, differentiating itself from the SBI Shaurya Select Credit Card. This card entails a joining fee of Rs. 250 but sweetens the deal with a welcoming gesture of 1,000 bonus Reward Points, effectively covering the joining fee. Furthermore, cardholders stand to accumulate 5 Reward Points for every Rs. 100 spent, providing flexibility in redeeming points for settling outstanding balances or acquiring various products and gift vouchers. It’s noteworthy that the SBI Shaurya Select Credit Card is positioned as a more advanced version of this card.

Key Highlights of SBI Shaurya Credit Card

  1. Earn 5 times reward points on dining, departmental store, and grocery purchases.
  2. Enjoy a 1% fuel surcharge waiver on transactions.
  3. Receive complimentary Personal Accident Insurance with coverage up to Rs. 2 lakh.
  4. Annual fee waived for the year upon spending more than Rs. 50,000 annually.

Features and Benefits of SBI Shaurya Credit Card

The SBI Shaurya Credit Card offers several features and benefits:

1. Welcome Gift:

  • Receive 1000 Reward Points when you make the first-year annual payment of Rs. 250.

2. Earning Reward Points:

  • Earn 5 Reward Points for every Rs. 100 spent on CSD, Dining, Movies, Departmental Stores, and Grocery Stores.
  • Earn 1 Reward Point for every Rs. 100 spent on other categories.

3. Redemption of Reward Points:

  • Use Reward Points to pay your credit card bill, with 1 Reward Point equal to Re. 0.25.
  • Explore various redemption options available in the Rewards Catalogue.

4. Renewal Fee Waiver:

  • Spend Rs. 50,000 or more within a year and enjoy a waiver on the next year’s annual fee.

5. Fuel Surcharge Waiver:

  • Benefit from a fuel surcharge waiver of up to Rs. 250 per statement cycle on fuel purchases ranging from Rs. 500 to Rs. 3,000.
  • Avail the waiver at any fuel station across the country.

6. Insurance: Receive complimentary Personal Accidental Insurance Cover up to Rs. 2 Lakh, provided by RuPay.

SBI Shaurya Credit Card Fees and Charges

Explore the fee structure for the SBI Shaurya Credit Card and discover the financial advantages that come with it.

  1. Joining Fee: Nil
  2. Annual Fee: Rs.1,499
  3. Finance Charges: 2.5% per month
  4. Card Replacement Fee: Rs.100
  5. Cash Advance Fee: 2.5% of the transaction amount (minimum Rs.300)
  6. Cash Advance Limit: Up to 80% of the credit limit
  7. Minimum Amount Due: 5% of the total outstanding amount (minimum Rs.300)
  8. Late Payment Fee:
  • 0 to Rs.200: Nil
  • Rs.200 to Rs.500: Rs.100
  • Rs.500 to Rs.1,000: Rs.400
  • Rs.1,000 to Rs.10,000: Rs.600
  • Rs.10,000 to Rs.25,000: Rs.800
  • Above Rs.25,000: Rs.950

Eligibility Criteria for SBI Shaurya Credit Card

Here are essential criteria for applying for an SBI Shaurya Credit Card:

  1. Eligibility Requirement: The individual applying must be an active member of the Indian Defense Personnel.
  2. Age Criteria: The applicant must be at least 18 years old to qualify.
  3. Employment Status: The applicant should demonstrate stable income, either through self-employment or a salaried position.
  4. Financial Stability: An essential criterion is a possession of a decent credit history for the applicant to be considered.

Documents Required for SBI Shaurya Credit Card

To apply for the SBI Shaurya Credit Card, you will typically need to provide the following documents:

1. Identity Proof:

  • PAN Card
  • Ration Card
  • Aadhar Card
  • Voter’s ID
  • Passport

2. Address Proof:

  • Aadhar Card
  • Latest utility bills (not older than three months)
  • Ration Card
  • Any government-approved address proof

3. Income Proof:

  • Latest Bank statements/salary slips
  • Latest audited Income Tax Return (ITR)

How To Apply for SBI Shaurya Credit Card?

Follow these steps to apply for the SBI Shaurya Credit Card:

  1. To apply for the Shaurya SBI Card, head to your nearest SBI branch with essential documents, such as identity proof, address proof, and income proof.
  2. Complete the physical application form provided at the SBI branch to initiate the credit card application process.
  3. For online application, visit the official website of SBI Card and fill out the digital application form to apply for the Shaurya SBI Card.
  4. If you prefer assistance, contact the SBI Credit Cards customer care to apply for the credit card through their guidance and support.

Frequently Asked Questions (FAQs) –

1. What is the Shaurya SBI Card?

The Shaurya SBI Card is a credit card specifically designed for the armed forces, offering exclusive benefits and features tailored to meet the financial needs of defense personnel.

2. Who is eligible to apply for the Shaurya SBI Card?

The card is available to serving and retired defense personnel, including army, navy, air force, and paramilitary forces.

3. What are the key features of the Shaurya SBI Card?

The card comes with benefits such as cashback on grocery and departmental store purchases, fuel surcharge waiver, and special discounts on various services.

4. How can I apply for the Shaurya SBI Card?

You can apply for the card by visiting your nearest SBI branch with the required documents or by filling out the online application form on the official SBI Card website. Additionally, you can contact SBI Credit Cards customer care for assistance.

5. What documents are required to apply for the Shaurya SBI Card?

The necessary documents include identity proof, address proof, income proof, and other documents as specified by SBI.

6. Is there an annual fee for the SBI Shaurya Credit Card?

The annual fee and other charges associated with the card may vary. It is advisable to check the latest fee structure on the SBI Card website or contact customer care for details.

7. Can family members of defense personnel apply for the SBI Shaurya Credit Card?

The card is primarily targeted at defense personnel. However, it’s recommended to check with SBI for the most current eligibility criteria.

8. What benefits does the SBI Shaurya Credit Card offer for fuel purchases?

The card provides a fuel surcharge waiver at specified petrol pumps, offering cost savings on fuel expenses for cardholders.

9. Are there any special discounts or offers associated with the SBI Shaurya Credit Card?

Yes, the card may offer exclusive discounts on various services and purchases, providing additional value to cardholders.

10. How can I contact SBI credit card customer care for queries related to the Shaurya SBI Card?

You can reach SBI credit card customer care through the contact details provided on the official SBI Card website or on the back of your credit card. They can assist with any inquiries or concerns you may have about the SBI Shaurya Credit Card.