SBI Cards and Payment Services Ltd. (SBICARD)

Overview

SBI Cards and Payment Services Limited is a prominent non-banking financial company in India, focusing on the issuance of credit cards to both individual and corporate customers throughout the country. Established in 1998 and headquartered in Gurugram, India, the company operates as a crucial subsidiary of the State Bank of India, one of the country's largest and most trusted banking institutions. In addition to its primary function of offering credit card services, SBI Cards also engages in corporate insurance agent activities, providing various insurance policies tailored specifically to the needs of its credit card clientele.

Products and Services

• Corporate Cards

  Designed to cater to the specific needs of businesses, corporate cards by SBI Cards offer solutions for companies to manage expenses efficiently. These cards simplify the financial management process for businesses by providing tools for expense tracking and reporting.

• Central Travel Cards

  These cards are tailored for managing the travel expenses of corporations. Central travel cards facilitate seamless booking experiences and cost management for corporate travel, making it easier for companies to handle travel-related expenses and enjoy savings.

• Utility Cards

  SBI Cards offers utility cards that are specifically designed to streamline the payment of utility bills. These cards simplify the process of paying for regular expenses such as electricity, water, and gas, offering convenience and efficiency for users.

• Purchase and Virtual Cards

  Purchase cards and virtual cards provided by SBI Cards are aimed at enhancing the procurement process and online transactions. These cards enable businesses and individuals to perform transactions securely over the internet and manage their purchases more effectively.