This is news to you if you spend more every month buying petrol-diesel. A new debit crore has been launched in the market so far. Which will help you save . State Bank of India and Indian Oil Corporation Limited have jointly announced the launch of a co-branded contactless Rupay debit card.
You will get 0.75 tk loyalty points
The card has been launched across the country. Through this, customers will get 6 times the reward points and 0.75 per cent loyalty points for spending Rs 200 at Indian Oil Station. The customer can earn reward points on the cost of dining, movie, grocery and utility bills and redeem it. There is no monthly limit on fuel purchases. This debit card can be issued anywhere in India. You can apply for the card by visiting SBI's home branch.
Payment up to Rs. 5,000 is possible through tape
Contactless payments are expected to grow faster this year after the RBI recently approved payments of up to Rs 5,000 under the 'tap and go' feature. So even through SBI-IOCL contactless Rupay debit card, payment up to Rs 5,000 can be made with 'tape and go' technique.
SBI Chairman Dinesh Kumar Khara said, "This co-branded card has many attractive offers with 'tap and pay' technique." Cardholders will not only get a rewarding experience on fuel purchases, but this will also make it easier for customers to make their daily purchases safely.
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