Bank of Maharashtra and SBI Card have announced the launch of a co-branded credit card — the Bank of Maharashtra SBI Card.
Designed to offer a premium and rewarding shopping experience, the card has been introduced in three variants: Bank of Maharashtra SBI Card ELITE, Bank of Maharashtra SBI Card PRIME, and Bank of Maharashtra SimplySAVE SBI Card.
The co-branded card combines the trust and extensive reach of Bank of Maharashtra with the digital-first capabilities and value propositions of SBI Card.
It offers customers a range of benefits such as accelerated reward points, fuel surcharge waiver, utility bill payment options, and exclusive discounts on travel, dining, and shopping, along with contactless payment features for seamless transactions.
Speaking on the launch, Nidhu Saxena, Managing Director and CEO, Bank of Maharashtra, said the collaboration was aligned with the bank’s digital and customer-centric transformation journey and would enhance customer engagement.
Salila Pande, Managing Director and CEO, SBI Card, added that the partnership reflects the company’s customer-first approach and commitment to offering rewarding experiences with every transaction.
The card will be available on RuPay and VISA platforms and accepted across millions of merchant outlets worldwide. Customers can apply through Bank of Maharashtra branches.
This partnership is seen as a milestone in the financial ecosystem, leveraging the strengths of a large public sector bank and the leading credit card issuer to promote financial inclusion and digital payments.
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