• About Us
  • Advertise
  • Contact Us
  • DMCA
  • Privacy Policy
  • Follow on Google News
Tuesday, February 7, 2023
  • Login
1Money Mania
  • Home
  • Corporate
  • Economy
  • Company News
  • Markets
  • Industry Updates
    • Aviation
    • Chemical Industry
    • Education & Training Industry
    • Engineering Industry
    • Fisheries in India
    • FMCG
    • Gems & Jewellery
    • Healthcare
    • Hospitality
    • IT and Services
    • Petroleum Industry
    • Pharmaceutical Industry
    • Railways
    • Software Industry
    • Telecommunications
    • Textile & Fashion Industry
    • Travel & Tourism
    • Auto Sector
  • Banking
  • Finance/Money
  • Start-ups
  • Others
    • Business Events
    • IPO News
    • Bollywood Business
    • Mutual Funds
    • MSME
    • Opinion
    • Real Estate / Infra
    • Technology
    • Young Entrepreneurs
    • Women Entrepreneurs
    • Ministry of Finance
    • Tribal Entrepreneurship
    • Kids Entrepreneurs
    • Marketing
    • Social Media
    • SocialPrenuers
    • Professional Sports
    • Entrepreneur Couple
    • Heritage Entrepreneur
    • Homepreneurs
No Result
View All Result
  • Home
  • Corporate
  • Economy
  • Company News
  • Markets
  • Industry Updates
    • Aviation
    • Chemical Industry
    • Education & Training Industry
    • Engineering Industry
    • Fisheries in India
    • FMCG
    • Gems & Jewellery
    • Healthcare
    • Hospitality
    • IT and Services
    • Petroleum Industry
    • Pharmaceutical Industry
    • Railways
    • Software Industry
    • Telecommunications
    • Textile & Fashion Industry
    • Travel & Tourism
    • Auto Sector
  • Banking
  • Finance/Money
  • Start-ups
  • Others
    • Business Events
    • IPO News
    • Bollywood Business
    • Mutual Funds
    • MSME
    • Opinion
    • Real Estate / Infra
    • Technology
    • Young Entrepreneurs
    • Women Entrepreneurs
    • Ministry of Finance
    • Tribal Entrepreneurship
    • Kids Entrepreneurs
    • Marketing
    • Social Media
    • SocialPrenuers
    • Professional Sports
    • Entrepreneur Couple
    • Heritage Entrepreneur
    • Homepreneurs
No Result
View All Result
1Money Mania
No Result
View All Result
Home Banking

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

by Money Mania
July 28, 2020
in Banking, Finance/Money
0
Share on FacebookShare on Twitter
  • Upto10% value back on AC tickets purchased at irctc.co.in; 350 activation bonus reward points; benefits on travel, retail, dining and entertainment
  • Equipped with NFC technology enabling customers to ‘Tap and Pay’
  • Strengthens SBI Card portfolio on RuPay platform

Mumbai : SBI Card and Indian Railway Catering and Tourism Corporation Ltd (IRCTC) today launched the IRCTC SBI Card on RuPayplatform.Designed to reward frequent railway travellers, the card offers travellers on Indian railways maximum savings proposition on their travel, together with superior benefits on retail, dining and entertainment, besides transaction fee waivers.

Cardholders of  IRCTC SBI Card on RuPay platform receive upto10% value back on AC1, AC2, AC3, AC CC bookings made at IRCTC website. The card also offers a 1% 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.

You May AlsoLike This

Univest collaborates with Pratik Gandhi to conquer retail investor challenges

Univest collaborates with Pratik Gandhi to conquer retail investor challenges

January 10, 2023
PayRup, India’s Fastest Payment app is launched

PayRup, India’s Fastest Payment app is launched

January 9, 2023
How long does it take to get a Credit Card?

How long does it take to get a Credit Card?

January 3, 2023

The cardis equipped with Near Field Communication (NFC) technology. Customers can simply tap their cards at a secure reader for convenient, secure and faster transactions[1].

With this launch, SBI Card has expanded its portfolio on the RuPay network.

Shri Piyush Goyal, hon’ble Minister of Railways and Commerce & Industry Government of India said “We are strongly committed in making Railways ‘Atmanirbhar’ in all the fields with ‘Make in India’ initiatives as envisaged by Hon’ble Prime Minister Narendra Modi. The IRCTC-SBI co-branded credit card is one of the many Make in India activities undertaken by the Railways. The whole country must progress towards electronic payments and endeavor to make paperless transactions. When three renowned and established institutions enter into a partnership, GOI’s dream of Digital India can be easily achieved. It is my belief that IRCTC SBI Card on RuPay platform will be the most popular choice of card across all strata of society. This card will make us self- reliant and I also urge all the citizens to come forward and make their contribution in creating an Aatmanirbhar Bharat.”

Commenting on the occasion, Mr Rajnish Kumar, Chairman, State Bank of India, said, “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. IRCTC SBI Card, launched in 2006, is one the best performing travel products from SBI Card. 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 offered by the card. With this launch, SBI Card once again reaffirms its commitment to bring consumers secure, value added, cashless payment solutions.”

Mr. Dinesh Kumar Khara, MD, GB & S, State Bank of India said, “Three iconic Indian brands have come together to launch IRCTC SBI Card on the fast growing, indigenous RuPay network. IRCTC SBI Card is the only credit card in with partnership IRCTC. Introduction of this marquee product now on RuPay platform will bring a powerful, one stop payment solution to a user base, which frequently travels through the Indian Railway’s vast network. It is a well-established fact that SBI Card has the largest, most diverse co-brand card portfolio in Indian credit card market. This launch will augment the travel card portfolio further.”

According to Mr. Hardayal Prasad, MD & CEO, SBI Card, “IRCTC SBI Cardis one of our flagship offerings and is the only credit card in partnership with IRCTC. We are pleased to partner with RuPay to extend the IRCTC SBI Platinum card on their platform.Packed with compelling benefits and targeted at a vast audience of frequent railway travellers, this card strengthens our portfolio on the RuPay platform.In an environment where social distancing is the new normal, this new contactless card enables consumers to transact safely and securely online,and at POS (point of sale) by using Tap and Pay.Our consistent endeavour is to offer a differentiated and customised experience to diverse cardholder segments and with this launchwe now hope to fulfil needs of a larger segment”

Commenting on the partnership, Mr. M.P.Mall, Chairman and Managing Director, IRCTC said, “IRCTC is one of the most widely used travel portals in the country and operates around 72% of the reserved train ticket bookings business in India. This partnership with SBI Card adds another feather in our cap with its launch and extends another Co-Branded Credit Card / Loyalty programme on RuPay Platform.It is aligned with our vision to simplify train ticket booking for frequent railway travellers. IRCTC’s biggest strength, i.e., traffic and its loyal customer base, combined with RuPay’s increasing popularity / market share and SBI Card’s Digital capabilities will be a great match and has a huge potential to reach a large segment of cardholders through this tie-up.”

Mr. Dilip Asbe, MD & CEO of National Payments Corporation of India (NPCI) said, “We are pleased to be associated with SBI Card and IRCTC for the innovative IRCTC SBI Card on RuPay platform. We believe this card would enable RuPay customers save significantly on their rail travels along with purchases in the lifestyle segment. With RuPay’s increasing market share and gaining popularity among Indian customers, the IRCTC SBI Card on RuPay platform is yet another step to provide RuPay users a delightful shopping experience”

In addition to savings on rail travel, the IRCTC SBI card offers several benefits for online shoppers. Customers can avail attractive discounts while shopping at BigBasket, OXXY, foodfortravel.in, Ajio, etc. From wellness to entertainment, RuPay offers exciting benefits to customers such as 20% discount on medicines on Medlife, 25% off on Fitternity, Re.1 for 1 Month Hungama Music, Rs. 250 off on Me N Moms, to name a few. RuPay is also offering welcome benefits to its customers like upto 40% discount on pathology and 18% off on buying medicines from 1Mg, 10% fee waiver on any UpGrad course, Rs. 250 off on shopping at The Man Company and 10% discount each on Mamaearth and Apollo Pharmacy.

To further provide an all-round shopping experience to the customers RuPay is offering 10% discount while shopping at Carlton, Aristocrat, VIP, Skybag and Caprese. RuPay Cardholders will also get uptoRs. 300 off on Myntra, 15% discount on Cuemath, 25% off on Bata, 10% off on ordering in train from Rail Recipe and 50% off on All Test Series by Adda247

Highlights of IRCTC SBI Card on RuPay platform

  • Upto 10% value back on AC1, AC2, AC3, AC CC bookings made at irctc.co.in
  • 1 % transaction fee waiver on bookings made through IRCTC website
  • 350 activation bonus reward points
  • Discounts on ecommerce sites such as BigBasket, OXXY, foodfortravel.in, Ajio
  • Redemption of reward points on IRCTC website for free tickets
  • Tap and pay using contactless card
  • 1% fuel surcharge waiver

[1] To use Tap and Pay feature for transactions over Rs 2000, PIN must be entered

Money Mania

Money Mania

Related Posts

Univest collaborates with Pratik Gandhi to conquer retail investor challenges
Finance/Money

Univest collaborates with Pratik Gandhi to conquer retail investor challenges

by Money Mania
January 10, 2023
PayRup, India’s Fastest Payment app is launched
Finance/Money

PayRup, India’s Fastest Payment app is launched

by Money Mania
January 9, 2023
How long does it take to get a Credit Card?
Finance/Money

How long does it take to get a Credit Card?

by Money Mania
January 3, 2023
Drivio, a digital-first omnichannel two-wheeler financing platform in making, raises USD 1 million in seed funding
Finance/Money

Drivio, a digital-first omnichannel two-wheeler financing platform in making, raises USD 1 million in seed funding

by Money Mania
January 2, 2023
Financial Planning Goes AI: Introducing WOW the Most Advanced Fintech in India for 2023
Finance/Money

Financial Planning Goes AI: Introducing WOW, the Most Advanced Fintech in India for 2023

by Money Mania
December 29, 2022
  • Trending
  • Comments
  • Latest
Now our E-store India has become an international company

Now our E-store India has become an international company

November 1, 2022
Nilesh Jedhe –Cryptocurrency trainer and founder of Digicorp Pvt Ltd rising high by imparting trading knowledge

Nilesh Jedhe –Cryptocurrency trainer and founder of Arweave Digicorp Pvt Ltd rising high by imparting trading knowledge

June 4, 2022
Incomet Learning Private Limited, Incomet learning, Stock Entrepreneurs Program, Share market, Price Action Trading courses, financial education, Kanishk Gupta, Share market preparing Fundamental examination, Stock Market Training courses, stocks and tradings

Willing To Master Stock Market? Incomet Learning Program Is Here For You

June 6, 2022
Archana Jain Talks About Her Biggest Project of 2023

Archana Jain Talks About Her Biggest Project of 2023

January 30, 2023

PrivateCourt is all set to revolutionize the concept of Online Dispute Resolution

1

FTV brings their First Beauty Pageant to India

1

Maxworth Realty Reviews – Impact of Covid In Real Estate Sector

1

Nine Mantras for Happiness And Success

1
Elements becomes India’s largest chain of Photoshoot locations

Elements becomes India’s largest chain of Photoshoot locations

February 7, 2023
K Raheja Corp Homes launches Raheja Modern Vivarea in South Mumbai

K Raheja Corp Homes launches Raheja Modern Vivarea in South Mumbai

February 6, 2023
SignDesk and Microsoft partner to drive the next phase of document automation, powered by Azure

SignDesk and Microsoft partner to drive the next phase of document automation, powered by Azure

February 4, 2023
The Income Tax Collection Cost in India is the lowest in the world: Mr. Shishir Agarwal Chief Commissioner of Income Tax

The Income Tax Collection Cost in India is the lowest in the world: Mr. Shishir Agarwal, Chief Commissioner of Income Tax, Hyderabad, Government of India

February 2, 2023

Categories

  • Agriculture & Allied Industries
  • Artpreneurs
  • Auto Sector
  • Aviation
  • Banking
  • Bollywood Business
  • Business Events
  • Chemical Industry
  • Company News
  • Corporate
  • Cryptocurrency
  • E-Commerce
  • Economy
  • Education & Training Industry
  • Edupreneur
  • Energy Sector
  • Engineering Industry
  • Entrepreneur Couple
  • Entrepreneurial Network
  • Finance/Money
  • FMCG
  • Gems & Jewellery
  • Healthcare
  • Heritage Entrepreneur
  • Homepreneurs
  • Hospitality
  • Industry Updates
  • Inspirational
  • Insurance
  • Interviews
  • Investments
  • IPO News
  • IT and Services
  • Kids Entrepreneurs
  • Marketing
  • Markets
  • Ministry of Finance
  • MSME
  • Mutual Funds
  • Opinion
  • Petroleum Industry
  • Pharmaceutical Industry
  • Professional Sports
  • Railways
  • Real Estate / Infra
  • Social Media
  • SocialPrenuers
  • Software Industry
  • Start-ups
  • Technology
  • Textile & Fashion Industry
  • Transport Business
  • Travel & Tourism
  • Tribal Entrepreneurship
  • Women Entrepreneurs
  • Young Entrepreneurs

Recent News

Elements becomes India’s largest chain of Photoshoot locations

Elements becomes India’s largest chain of Photoshoot locations

February 7, 2023
K Raheja Corp Homes launches Raheja Modern Vivarea in South Mumbai

K Raheja Corp Homes launches Raheja Modern Vivarea in South Mumbai

February 6, 2023

Calendar

February 2023
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728  
« Jan    

Menu

  • About Us
  • Advertise
  • Contact Us
  • DMCA
  • Privacy Policy
  • Follow on Google News

1moneymania.in is a digital platform that brings you the news, articles, stories, success mantras and opinions of entrepreneurs from various sectors like Markets, Corporate Sectors, Industry, start-ups, finance, money, Banking, Technology, Real Estate, etc.

We are also highlighting the start-ups’ stories and encouraging the new and small entrepreneurs.

  • About Us
  • Advertise
  • Contact Us
  • DMCA
  • Privacy Policy
  • Follow on Google News

© 2022 Money Mania

No Result
View All Result
  • About Us
  • Advertise
  • Contact Us
  • DMCA
  • Home
  • Privacy Policy

© 2022 Money Mania

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In