Shaurya SBI Card
SBI Card · Open to apply
A low-fee card for defence personnel: 5 points per ₹100 on CSD canteens, dining, movies, departmental stores and groceries (up to 5,000 points a month), 1 point per ₹100 elsewhere, ₹250 a year waived on ₹50,000 of spends, and a lower finance charge of 2.75% a month.
- Annual fee
- ₹250 + GST a year
- Joining fee
- ₹250 + GST
- Fee waiver
- Annual fee waived on ₹50,000 spend per card year
- Base rate
- 1 point per ₹100 on all other spends: 1 SBI Card Reward Points per ₹100 (about 0.25% at cash value)
- Lounges
- None on record
- Forex markup
- 3.5%
- Data
- From bank documents, checked 6 Nov 2026
Main earn rates
- 5 points per ₹100 on CSD canteens, dining, groceries, departmental stores and movies: 5 SBI Card Reward Points per ₹100 (about 1.25% at cash value)
Earns nothing on
- No points at petrol pumps and service stations (MCCs 5172, 5541, 5542, 5983)
- No points on wallet loads (MCCs 6540, 6541)
- No points on cash advances, balance transfers and Encash
- No points on Flexipay and EMI conversions
- No points on rent (MCC 6513)
Where the sources disagree
- Fuel surcharge waiver cap period: The T&C says a maximum of ₹100 "per month"; the product page says ₹100 per statement cycle.
- Redemption minimum: The T&C booklet (Oct 2026) says at least 2,000 points are needed to redeem and gives a 2,000-point (₹500) statement-credit example; the notice of 29 Mar 2026 and the Shop & Smile T&C allow statement credit only in multiples of 4,000 points from 1 Apr 2026. We use the notice.
- Accelerated rate in the cap clause: The T&C booklet's cap clause says "Cumulative 10X Reward Points accrued on Dining, Movies, Departmental Store & Grocery spends ... maximum cap of 5,000"; the same booklet's rate clause, the product page, the notice of 2021 and the Shop & Smile T&C say 5X (5 points per Rs 100). We use 5.
- Personal accident cover: The product page says Rs 2 lakh (RuPay cards only); the RuPay insurance terms in the same booklet give Rs 10 lakh for the RuPay Select variant. Shaurya is not named there; we use the product page.
Terms the calculator does not value
- CSD canteens count as departmental stores and grocery for the 5 points per ₹100, but the calculator has no CSD canteen category or merchant, so spend there is not given the accelerated rate unless it codes as groceries or departmental stores.
- The accelerated rate does not apply at Metro Cash & Carry and Walmart either (Flipkart Wholesale is the rule wholesale-no-accelerated); neither has a merchant file.
Sources
- Shaurya SBI Card product-page data file (fees, rates, welcome points, fuel waiver, insurance) (Product page, the bank's own, read 6 Nov 2026)
- Shaurya SBI Card Terms and Conditions booklet (PDF created 7 Oct 2026) (Reward terms, the bank's own, read 6 Nov 2026)
- SBI Card Key Fact Statement (file dated 26 Aug 2026) (Schedule of charges, the bank's own, read 6 Nov 2026)
- SBI Card Most Important Terms and Conditions, common MITC (index date 2026-09-14) (Most important terms (MITC), the bank's own, read 6 Nov 2026)
- SBI Card customer notices page (Shaurya cap from 1 Jun 2021; finance charge 1 Nov 2021; redemption 1 Apr 2026) (Bank notice, the bank's own, read 6 Nov 2026)
- SBI Card apply page, eligibility (Product page, the bank's own, read 6 Nov 2026)
- SBI Card Shop & Smile rewards programme T&C (accrual caps by card, exclusions, redemption; PDF modified 23 Sep 2026) (Reward terms, the bank's own, read 6 Nov 2026)
- SBI Card list of credit cards where reward points do not apply on rent payments from 1 Apr 2024 (linked from the customer notices page) (Bank notice, the bank's own, read 6 Nov 2026)