Bank of Maharashtra and SBI Card in Partnership launched co-branded credit card

Public Sector Lender, Bank of Maharashtra,  and SBI Card, the credit card issuer, jointly announced the launch of a co-branded credit card - Bank of Maharashtra SBI Card. The one of its kind co-branded credit cards has been designed to provide a premium and highly rewarding shopping experience for discerning customers across segments.

The Bank of Maharashtra SBI Card has been launched in three variants, Bank of Maharashtra SBI Card ELITE, Bank of Maharashtra SBI Card PRIME, and Bank of Maharashtra SimplySAVE SBI Card.

This partnership aims to provide enhanced value and convenience, catering to the diverse lifestyle and evolving needs of the customers across the country. The Bank of Maharashtra SBI Card is a combination of trust and extensive reach of Bank of Maharashtra with the digital-first capabilities and robust value propositions of SBI Card.

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The co-branded credit card provides exceptional benefits, including accelerated reward points, fuel surcharge waiver, utility bill payments, exclusive discounts on travel, dining, shopping, and contactless payment capabilities for a seamless payment experience.

Shri Nidhu Saxena, Managing Director & CEO, Bank of Maharashtra, said, “This strategic partnership with SBI Card is in line with our digital and customer-centric transformation journey.

The Bank of Maharashtra - SBI Card will allow our customers to access a world-class credit card platform backed by the strong brand equity of both organizations. We are confident that this collaboration will deepen customer engagement and enhance value.”

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Ms. Salila Pande, MD & CEO, SBI Card, stated, “Driven by customer-centricity, at SBI Card, we are constantly exploring strategic collaborations that enhance value for customers and strengthen our portfolio.

Launch of the Bank of Maharashtra SBI Card in partnership with Bank of Maharashtra is one more step in this direction. We are confident that customers will immensely benefit from this co-branded credit card that is designed to offer rewarding experiences and value every time they transact.”

The credit card will be available on RuPay as well as VISA payment platforms and will be accepted across millions of merchant outlets globally. Customers can apply for the credit card through Bank of Maharashtra branches.

This partnership marks a significant milestone in the financial ecosystem by leveraging the synergies of a large public sector bank and the largest pure-play credit card issuer to drive financial inclusion and digital payments.

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