The IRCTC Credit Card, provided by the SBI Bank, offers many benefits, especially travel related ones. So, if you are a frequent traveler and if you are, as well, looking for a compatible credit card, this may be a good option. To know more about it, keep reading!
Features and Benefits
| Welcome Gift | By paying the first annual fee, you get 1500 Reward Points equivalent to INR 1500. |
| Reward Benefits | Earn 3 Reward Points per 125 spent on Dining and standing instructions on Utility spends, Earn 1 Reward Point per 125 spent on other non-fuel retail purchases. |
| Fuel Surcharge Waiver | Get a 1% fuel surcharge waiver across all pumps in India, on transactions of Rs. 500 – Rs. 4,000, exclusive of GST and other charges. |
| Milestone benefits | Earn 2,500 Reward Points on annual travel spends* of Rs. 50,000, Earn 5,000 Reward Points on annual travel spends* of Rs. 1,00,000. |
| Complimentary Insurance Cover | Complimentary Rail Accident Insurance of INR 10 Lakhs, Complimentary Air Accident insurance of INR 50 Lakhs, Complimentary Fraud Liability cover of INR 1 Lakh. |
| Travel Offers from IRCTC | Save 1% transaction charges on railway ticket bookings on www.irctc.co.inSave 1.8% transaction charges on airline ticket bookings on www.air.irctc.co.in |
| Railway Lounge Program | Enjoy 8 complimentary railway lounge access in a year to participating lounges in India (Max 2 per quarter). |
| Value Back Benefits | Get 10% Value Back on AC1, AC2, AC3, AC CC as Reward Points for a ticket purchase on www.irctc.co.in and IRCTC Mobile App (for Android only) |
| Visa Privileges | Save up to 10% by renting your car with Hertz and up to 35% on Avis Car Rentals. |
Features and Taxes
To apply for this card, consider the following charges:
| Joining Fee | Rs. 1,499 |
| Annual/ Renewal Fee | Rs. 1,499 (Reversed on spending Rs. 2 lakh in a year) |
| Finance Charges | 3.5% p.m. (42% p.a.) |
| Late Payment Fee** | For Statement BalanceLess than Rs. 500: NilRs. 500 up to Rs. 1,000: Rs. 400Rs. 1,000 up to Rs. 10,000: Rs. 750Rs. 10,000 up to Rs. 25,000: Rs. 950Rs. 25,000 up to Rs. 50,000: Rs. 1,100Amount over Rs. 50,000: Rs. 1,300 |
Eligibility Criteria
To apply for this card, you must fill these criteria:
- Age: you must be between the ages of 18 and 60 years,
- Documents required: the documents required are
- Proof of Identity: PAN Card, Aadhaar card, Driver’s License, Passport, Voter’s ID,
Overseas Citizen of India Card, Person of Indian Origin Card, Job card
issued by NREGA, Letters issued by the UIDAI,
- Proof of Address: Aadhaar card, Driver’s License, Passport, Utility Bill not more than 3 months old, Ration Card, Property Registration Document, Person of Indian Origin Card, Job card issued by NREGA, Bank Account,
- Proof of Income: The latest one or 2 salary slips (not more than 3 months old), Latest Form 16, and the last 3 months’ bank statement.
Click here to apply!