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The partnership, according to the corporation, also introduces "credit cards" as a new product category inside the bank's product line
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Three card variants—PSB SBI Card ELITE, PSB SBI Card PRIME, and PSB SimplySAVE SBI Card—have been launched by both partners, it continued.
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These variations were introduced to meet the spending requirements of Punjab & Sind Bank clients in the mass, mass premium, and premium groups.
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The PSB SBI Card ELITE and PSB SBI Card PRIME have been created to provide premium and mass premium clients.
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Through expedited rewards and perks on their spending, the PSB SimplySAVE SBI Card provides a rewarding experience to value-conscious clients.
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This intriguing proposal will aid the bank in strengthening its brand and growing its clientele.
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The joining price for the PSB SBI Card ELITE is Rs 4,999 plus taxes,
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while the joining fees for the PSB SBI Card PRIME and PSB SimplySAVE SBI Cards are each Rs 2,999 plus taxes and Rs 499 plus taxes, respectively.
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An broad credit card portfolio is offered by SBI Cards and Payment Services, a non-banking financial institution, to both individual cardholders and business clients.