New Delhi, July 28
Emphasising Prime Minister Narendra Modi’s Atmanirbhar India mission, Railway and Commerce Minister Piyush Goyal on Tuesday launched the SBI-IRCTC bank card that provides a number of advantages to rail passengers.
“We are strongly committed in making Railways ‘Atmanirbhar’ in all the fields with ‘Make in India’ initiatives as envisaged by the Prime Minister. The IRCTC-SBI co-branded credit card is one of the many Make in India activities undertaken by the Railways,” he mentioned whereas launching the cardboard.
Highlighting its security options, the Minister mentioned the cardboard engaged on RuPay platform is provided with Near Field Communication (NFC) know-how whereby the customers can expedite their transactions on the POS machines by simply tapping as an alternative of swiping it.
He additional mentioned that the State Bank of India (SBI) card is designed to reward frequent railway travellers.
“The new credit card offers the rail passengers maximum savings proposition on their travel together with exclusive benefits on retail, dining and entertainment as well as transaction fee waivers,” Goyal mentioned.
He additionally mentioned that the cardholders will obtain as much as 10 per cent worth again on 1st AC, 2nd AC, third AC, Executive Chair Car and AC Chair Car bookings made on the Indian Rail Catering and Tourism Corporation (IRCTC) web site.
He mentioned that the cardboard additionally gives on-line transaction price waiver (1 per cent of transaction quantity), 1 per cent gas surcharge waiver and 4 free entry to premium lounges at railway stations in a 12 months (one per quarter).
According to railways, the customers of the bank card will obtain 350 bonus reward factors upon activation of the cardboard with a minimal spent.
“The users can redeem the accumulated reward points against purchase of train tickets on IRCTC’s ticketing website. In addition to savings on rail travel, the IRCTC-SBI card offers several benefits for online shopping portals. Customers can avail discounts while shopping at e-commerce sites,” the ministry mentioned in a press release.