MUMBAI. SBI Card has launched the secured Advantage SBI Card on SBI YONO, offering customers a fully digital route to obtain a credit card backed by a fixed deposit. The new journey was inaugurated by Challa Sreenivasulu Setty, Chairman, State Bank of India, in the presence of Ashwini Kumar Tewari, Managing Director, SBI, and Salila Pande, Managing Director and CEO, SBI Card.
Customers who maintain a fixed deposit with SBI can apply for a secured Advantage SBI Card through a 100% paperless digital process on SBI YONO. According to SBI Card, the application can be completed in around 10 minutes, making the process more convenient for customers seeking access to a secured credit card. The offering combines the security of a fixed deposit with the features and convenience associated with credit card spending.
SBI Card has launched the secured Advantage SBI Card on SBI YONO, enabling customers with an SBI fixed deposit to apply for a secured credit card through a 100% digital and paperless process. The card can be availed in around 10 minutes, with four SBI Card variants available through the YONO platform.
