SBI Card in partnership with DMRC launches Delhi Metro SBI Card

SBI Card ltd. announced on Friday that it has partnered with Delhi Metro Rail Corporation (DMRC) to launch contactless Delhi Metro SBI Card. SBI Card will have access to 100 metro stations across Delhi and NCR and can be availed at an annual fee of Rs 499.

SBI Card and Payment Services ltd. announced on Friday that it has partnered with Delhi Metro Rail Corporation (DMRC) to launch contactless Delhi Metro SBI Card. SBI Card will have access to 100 metro stations across Delhi and NCR and can be availed at an annual fee of Rs 499.

The non-banking financial company stated in its BSE regulatory filing. “This affordable contactless credit cum metro smart card enables a convenient and hassle-free commute on the Delhi Metro, while allowing customers to avail rewards and savings on daily spend. In addition to the benefits of a metro smart card, the Delhi Metro SBI Card will offer 10% discount on metro travel as well as 10X reward points on spend categories, such as, dining, grocery & departmental store, movies and utilities standing instructions. Apart from this the customers can avail spends based reversal of annual card fees.”

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Mr. Ashwini Kumar Tewari, CEO, SBI Card said, “SBI Card has always strived to deliver best in class value and experience, by carefully devising products to meet evolving consumer needs. DMRC has a vast reach and can be called the travelling sustenance of Delhi. Through this partnership we are offering an unparalleled value proposition and aim to bring an enhanced daily commute experience to millions of metro commuters. With in-built features such as contactless payment and auto top up, we believe Delhi Metro SBI Card is particularly relevant in times where social distancing must be maintained and contactless, digital payments are a safer alternative.”

Dr. Mangu Singh said, “This initiative is in line with the DMRC’s commitment towards supporting the digital drive to promote cashless transactions among the Delhi Metro commuters at a time when social distancing has become a way of life. We believe that this ‘Delhi Metro SBI Card’ can serve as an essential instrument in facilitating a safer Metro commute in these pandemic times.’’