SBI Card, IRCTC launch co-branded contactless credit card on RuPay platform

Topics SBI Cards | IRCTC | RuPay

SBI Card and Indian Railway Catering and Tourism Corporation (IRCTC) on Tuesday launched a co-branded card on RuPay platform for secure and fast transactions.

"The market of frequent rail travellers in India is vast and there is huge potential for credit cards catering exclusively to the needs of such travellers," said State Bank of India Chairman Rajnish Kumar.

"With the launch of this flagship product onto the indigenous RuPay network, a wider audience will be able to avail of the strong value proposition," he said.

Designed to reward frequent railway travellers, the card offers travellers on Indian railways savings proposition on their travel besides benefits on retail, dining and entertainment besides transaction fee waivers.

Cardholders of IRCTC SBI Card on RuPay platform receive upto 10 per cent value back on AC1, AC2, AC3, AC CC bookings made at IRCTC website. The card also offers one per cent transaction fee waiver and 350 bonus reward points upon card activation.

Reward points accumulated on the card can be redeemed against free tickets on IRCTC website.

The card is equipped with near field communication technology which enables customers to tap their cards at a secure reader for convenient, secure and faster transactions, SBI Card said in a statement.


(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel