SBI Shaurya Select Credit Card

The Shaurya Select SBI Credit Card is designed exclusively for individuals serving in the defense services, including the Army, Navy, Paramilitary, and Airforce. This card comes with a unique feature of no joining fee, and an annual renewal fee of Rs. 1,499 is applicable from the second year onwards. However, this renewal fee is waived if you have spent Rs. 1.5 lakhs or more in the preceding year.

In terms of its rewards program, the card allows you to earn up to 10 Reward Points for every Rs. 100 spent, and these points can be redeemed across a diverse range of options. Additionally, upon renewing your card membership, you receive a bonus of 1,500 Reward Points.

Key Highlights of SBI Shaurya Select Credit Card

  1. Earn 10 times reward points for every Rs.100 spent on departmental, dining, grocery, and movie purchases.
  2. Enjoy spend-based reward points that accumulate based on your expenditure.
  3. Receive a complimentary Personal Accident Cover of Rs.10 lakh.
  4. Benefit from a 1% fuel surcharge waiver on eligible transactions.
  5. Access 24×7 concierge services for added convenience and assistance.

Features and Benefits of SBI Shaurya Select Credit Card

The SBI Shaurya Select Credit Card offers several features and benefits:

1. Reward Point Benefits:

  • Earn 10x reward points for every Rs.100 spent on grocery, dining, movie, and departmental store purchases.
  • Gain 2 reward points for every Rs.100 spent on other types of purchases.

2. Renewal Benefits: Receive 1,500 reward points upon paying the annual renewal fee.

3. Insurance Benefits:

  • Enjoy a Personal Accident Cover of Rs.10 lakh.
  • Benefit from Fraud Liability Cover of Rs.1 lakh.

4. Milestone Benefits:

  • Spend Rs.50,000 in a year to receive a Rs.500 e-voucher from Pizza Hut.
  • Achieve a spending milestone of Rs.5 lakh in a year to receive a gift voucher of Rs.7,000 from Yatra or Pantaloons.
  • Have the annual fee waived for annual spends of Rs.1.5 lakh or above.

5. Other Benefits: Access 24×7 concierge services with the credit card.
6. Balance Transfer Benefit: Transfer the balance from other credit cards to your Shaurya Select SBI Card and enjoy a lower interest rate.
7. Flexipay: Convert any purchase exceeding Rs.2,500 into easy EMIs with your credit card.

SBI Shaurya Select Credit Card Fees and Charges

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

  1. Joining Fee: Waived
  2. Renewal Fee: Rs. 1,499
  3. Extended Credit Charges: 3.50% per month (42% per annum)
  4. Late Payment Fee:
  • NIL for Total Amount due from Rs. 0 to Rs. 500
  • Rs. 400 for Total Amount due greater than Rs. 500 & up to Rs. 1,000
  • Rs. 750 for Total Amount due greater than Rs. 1,000 & up to Rs. 10,000
  • Rs. 950 for Total Amount due greater than Rs. 10,000 & up to Rs. 25,000
  • Rs. 1,100 for Total Amount due greater than Rs. 25,000 & up to Rs. 50,000
  • Rs. 1,300 for Total Amount due greater than Rs. 50,000

Eligibility Criteria for SBI Shaurya Select Credit Card

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

  1. SBI Card evaluates applicants based on specific criteria.
  2. Criteria considered by SBI Card include credit score, age, monthly income, and location.
  3. The Shaurya Select SBI Card requires applicants to be aged between 21 and 65 years.
  4. Applicants must have a stable source of income to be eligible for the Shaurya Select SBI Card.

Documents Required for SBI Shaurya Select Credit Card

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

1. Proof of Address:

  • Passport
  • Voter ID
  • Ration Card
  • Aadhaar Card
  • Job Card issued by NREGA

2. Identity Proof:

  • Passport
  • Voter ID
  • Aadhaar Card
  • Driving License
  • Job Card issued by NREGA

3. Income Proof:

  • IT Returns
  • Form 16
  • Salary Slip
  • Job Card issued by NREGA

How To Apply for SBI Shaurya Select Credit Card?

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

  1. Go to the State Bank of India credit card website (SBI Card).
  2. Choose the Shaurya Select SBI Card from the options available.
  3. Click the ‘apply now’ button on the selected card’s page.
  4. Provide the necessary details as requested in the application form.
  5. After submitting the application, expect a bank representative to contact you for further assistance.

Frequently Asked Questions (FAQs) –

1. What is the Shaurya Select SBI Card?

The Shaurya Select SBI Card is a specialized credit card offered by the State Bank of India with exclusive features designed for the armed forces.

2. How can I apply for the Shaurya Select SBI Card?

You can apply for the SBI Shaurya Select Credit Card by visiting the official State Bank of India credit card website, selecting the Shaurya Select SBI Card, and clicking on the ‘apply now’ option.

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

The card comes with unique features such as special benefits for armed forces personnel, low interest rates, and customized rewards tailored for military lifestyles.

4. Is the SBI Shaurya Select Credit Card only available to military personnel?

Yes, the SBI Shaurya Select Credit Card is specifically designed for armed forces personnel, including both serving and retired members.

5. What documents are required for the SBI Shaurya Select Credit Card application?

Typically, you’ll need to provide identity proof, address proof, and income-related documents. Specific requirements may vary, so it’s advisable to check the official website or contact SBI for the latest information.

6. Can family members of armed forces personnel apply for the SBI Shaurya Select Credit Card?

The card may be available to family members as well. Please verify the current eligibility criteria on the official SBI website or by contacting SBI directly.

7. What are the rewards and benefits offered by the SBI Shaurya Select Credit Card?

The card provides a range of benefits including reward points, discounts on specific categories, and exclusive privileges designed to cater to the needs and preferences of armed forces personnel.

8. How can I check the status of my SBI Shaurya Select Credit Card application?

You can check the status of your application by visiting the SBI Card website and using the application status tracker. Alternatively, you can contact the SBI credit card customer care support for assistance.

9. What is the credit limit offered with the SBI Shaurya Select Credit Card?

The credit limit is determined based on various factors such as your income, credit history, and other financial considerations. The actual limit granted will be communicated to you by the bank.

10. Are there any annual fees associated with the SBI Shaurya Select Credit Card?

Details about annual fees and other charges can be found on the official SBI Card website or in the terms and conditions provided by the bank. It’s recommended to review these thoroughly before applying.