Want to apply for Fabinda SBI Select Credit Card? If so, you have landed in the right place. State Bank of India is one of the leading nationalized banks in India that offers copious banking and financial services to customers. SBI Card often helps its customers to bring best-in-class products, services, and offers. Through its exclusive services, the customers can get an unmatched experience. SBI has collaborated with the lifestyle retail chain Fabindia and launched an attractive contactless co-branded credit card to the customers. One such exclusive credit card is Fabindia SBI Card Select. It is a premium credit card that caters to all the requirements and basic needs of the premium segment customers. By joining hands with Fabindia, SBI has turned out to become a powerful and exceptional association through which it aims at serving premium and affluent consumers. To understand more about the SBI Fabindia Select Credit Card, its key benefits, application procedure, required documents to apply for the credit card, fees, and charges, etc., just go through this Fabindia SBI Card Select Review. Take a quick look!
Table of Contents
- Fabindia SBI Card Select
- Fabindia SBI Select Credit Card Eligibility
- Fabindia SBI Card Select Benefits
- Fabindia SBI Select Credit Card Fees & Charges
- Documents Required to Apply for Fabindia SBI Card Select
- How to Apply for Fabindia SBI Select Credit Card
Fabindia SBI Card Select
State Bank of India and Fabindia have jointly launched co-branded credit cards in the country to serve the key needs of the premium segment customers. The duo has launched two contactless credit cards in this category. It includes the Fabindia SBI Card and Fabindia SBI Card Select. Both the cards offer exclusive reward points and best-in-class offers to the customers upon spending money on retail products. Fabindia SBI Card Select is the upgraded version to the initial version launched by SBI and Fabindia.
SBI Card and Fabindia together bring a lot of incentives and solutions to the customers through this credit card. The ultimate goal of the duo is to contribute an exceptional value and outcome in customer delight through the contactless co-branded Fabindia SBI Select Credit Card. Through this credit card, SBI and Fabindia drive the customers to embrace digital payments and indirectly contribute to the digital economy of India. This credit card addresses all the spending necessities of premium cardholders especially on spending a variety of categories at Fabindia outlets. Moreover, the customers can get attractive reward points on retail spendings along with value-back and cashback benefits.
Fabindia SBI Select Credit Card Eligibility
To apply for the Fabindia SBI Select Credit Card, the individuals need to know the significant eligibility guidelines. In this Fabindia SBI Card Select Review, we furnished the list of eligibility guidelines that an applicant must meet to carry out the application process. Check it out!
- Applicant must be a citizen of India.
- The applicant’s age must range between 23 and 60 years.
- The applicants must maintain a decent credit score to apply for this credit card. [if possible 700]
- Self-employed individuals and salaried employees have a provision to apply for this credit card.
These are the crucial eligibility rules and guidelines that an applicant must fulfill before seeking to apply for the Fabindia SBI Select credit card. In case, you don’t meet the eligibility criteria, you need to contact the relevant person at the SBI branch and ask all your queries.
Fabindia SBI Card Select Benefits
Individuals thinking to apply for SBI Fabindia Select Credit Card need to know the key benefits of the same. Before planning to access the credit card, the applicants can check the vital SBI Fabindia Select Credit Card Benefits. A lot of benefits that include the welcome benefits, reward points, milestones, travel benefits, add-on cards, easy bill payments, and more can be acquired by the cardholders. In this article, we curated the list of the advantages offered to the cardholders through this credit card. Have a glance!
1. Welcome Benefits
Fabindia SBI Select Credit Card offers exclusive welcome benefits to the users through which they can gain exceptional gift vouchers. As part of the welcome benefits, Fabindia offers Gift Vouchers worth Rs. 1500. Besides this, the cardholders can get direct access to Platinum Tier Fabfamily Membership. The welcome benefits acquired by the cardholder will be directly credited to the account of the user within 15 days from the date of the fee payment.
2. Milestone Benefit
With this credit card, the customers can get a gift voucher worth Rs. 1250 related to prevalent brands upon accomplishing a quarterly milestone expenditure of Rs. 2 Lakh. Cardholders can select gift voucher that ranges from different brands such as Yatra, Aditya Birla Fashion, Urban Ladder, Bata, and Hush Puppies.
3. Reward Benefits
Individuals can get 10 reward points upon spending Rs. 100 at different Fabindia outlets. Besides this, the cardholders can even get 3 reward points per Rs. 100 expended on movies, entertainment, and dining.
4. Annual fee waiver
By spending Rs. 2 lakh annually using this SBI Fabindia Select Credit Card, the cardholders can get an annual fee waiver.
5. Fuel Surcharge Waiver
Cardholders can get a 1 percent fuel surcharge waiver on transactions made up to Rs. 3000 excluding the GST and other additional charges.
6. Travel Benefits
- Customers can access 4 complimentary domestic airport lounges [1 per quarter or 4 months].
- Apart from this, the users can get a complimentary priority pass membership worth USD 99 which is valid for 24 months from the date of issue of the priority pass membership.
7. Reward Benefits
One of the impressive Fabindia SBI Card Select Benefits of this credit card is the reward benefits. Cardholders can easily convert their reward points into Fabfamily Rewards just by requesting the reward redemption via the official website, mobile, or call center. As per the benefits offered by the bank, 1 reward point is equivalent to 1 Fabfamily reward i.e, Re. 1.
Flexipay is another attractive Fabindia SBI Card Select credit card benefit that enables the customers to convert their monthly transactions into easy installments. Flexipay is a simple EMI plan from Fabindia credit card through which the customers can purchase anything and repay in simple EMIs. The customers can select the plan that befits their financial requirements. Ultimately, the cardholders can get a low-interest rate on the monthly installments. Customers can utilize this benefit and acquire it just by calling the SBI Card helpline or sbicard.com or online within 10 days from the date of the purchase.
Fabindia SBI Select Credit Card Fees & Charges
Individuals seeking to apply for an SBI Fabindia Select Credit Card need to have an idea regarding the Fabindia SBI Select Credit Card fees and additional charges. In the tabular form given below, we curated the fee particulars and other charges levied on the credit cardholders. Check it out!
|Fabindia SBI Card Select Charges/Fees||Amount|
|Annual Fee (one-time)||Rs. 1499|
|Finance charge||Up to 3.50% per month (42% per annum)|
|Renewal Fee (per annum)||Rs. 1499|
|Add-on Credit Card Fee (per annum)||Nil|
|Interest-Free Period||20 to 50 Days|
|Overlimit||2.5% of overlimit amount or Rs. 600 (whichever is higher)|
|Payment ishonour fee||2% of the amount (minimum of Rs.500)|
|Cash advance fee at domestic ATMs, global ATMs, and SBI ATMs||2.5% of the transaction amount or Rs. 500 (whichever is higher)|
|Fee for an increased credit limit||Rs. 200 per request regarding the increase in credit limit|
|Network change fee||Rs. 200 per request regarding the network upgrade or network downgrade|
|Cash payment fee||Rs. 199|
|Foreign currency transaction fee||3.50% (excluding the SBI Elite and SBI Aurum credit cards)1.99% (SBI Elite and Aurum credit cards)|
|Statement retrieval||Rs. 100 per statement which is more than 2 months old|
|Late payment||For the amount ranging between Rs. 0 and Rs. 500 – NILFor the amount ranging between Rs. 500 and Rs. 1000 – Rs. 400For the amount exceeding Rs. 1000 and up to Rs. 10000 – Rs. 750For the amount ranging between Rs. 10000 and Rs. 25000 – Rs. 950For the amount ranging between Rs. 25000 and Rs. 50000 – Rs. 1100For the amount more than Rs. 50000 – Rs. 1300|
|Dynamic and static conversion fee||3.50% (excluding the SBI Elite and Aurum credit cards)1.99% (For SBI Elite and Aurum credit cards)The aforementioned charges are applicable for transactions more than or equal to Rs. 1000.|
|Cheque payment fee||Rs. 100|
|Rewards redemption fee||Rs. 99 (only on cash redemption, gifts, and specific vouchers)|
|Overdue finance charge||3.65% per month (43.8% per annum)|
Documents Required to Apply for Fabindia SBI Card Select
Applicants seeking to apply for the SBI Fabindia Card Select credit card must submit some of the vital documents for verification purposes. After submitting the application form online, the applicants are prompted to submit some of the important documents related to the identity, age, address, and income proof of the applicant. Applicants have the facility to submit any of the acceptable documents in each category. In this Fabindia SBI Card Select Review, we furnished the list of required documents to apply for the credit card. Check it out!
A. For Income Proof
- One or Two Latest Salary Slips [Not more than 3 months old]
- Last 3 months’ bank statement
- Latest Form 16
B. For Address Proof
- Aadhaar Card
- Utility Bills not more than 3 months old [Includes Electricity bill, water bill, telephone bill, etc.]
- Ration Card
- Job Card issued by NREGA
- Property Registration Document
- Person of Indian Origin Card
- Bank Account Statement of the applicant
- Driving License
- Any other government approved address proof
3. For Identity Proof
- Aadhaar Card
- Voter ID Card
- PAN Card
- Driving License
- Job Card issued by NREGA
- Person of Indian Origin Card
- Overseas Citizen of India Card
- Letters issued by the UIDAI or any other government verified photo ID proof
Following the internal policies and rules, the SBI Card may ask for some other relevant documents other than the aforementioned documents. Hence, the applicant must contact the representative beforehand to know the essential documents for the SBI Fabindia Select Credit Card application process.
How to Apply for Fabindia SBI Select Credit Card
Applicants need to know the complete application procedure before heading to apply for Fabindia SBI Select Credit Card. In this article, we provided a detailed guide on how to apply for Fabindia SBI Select Credit Card online. Check it out!
- At first, go to the official SBI Card website from your device i.e., at sbicard.com.
- On the home page of the website, you can find a series of tabs.
- Hover your mouse on the Credit Cards tab. A list of cards will be displayed on the screen.
- From the list, you need to click on the option ‘Shopping’ category.
- A list of credit cards related to the shopping category will be displayed on the screen.
- Choose the Fabindia SBI Card Select credit card and click on the button ‘Apply Now’.
- Once you hit the button, you will be redirected to a new page wherein you need to fill in the vital details in the application form.
- Enter the personal details, professional details, and the current residential address in the provided spaces.
- Submit all your details. A new login id and password will be created.
- Using the login credentials, you can log into the SBI Card account and proceed with the application filling procedure.
- On the next page, you will be prompted to fill in the crucial details.
- After filling in the details correctly, submit the application form online.
- You need to attach some of the relevant documents along with the application form.
That’s all! This is the easy procedure to apply for the Fabindia SBI Card Select Credit Card online. Know the status of the application once you finish applying for the credit card. You can check the status either online or offline.
If you have any other doubts regarding the Fabindia SBI Card Select credit card, you can simply contact the customer care service i.e., 18601801290 or 39020202 [prefix the local code]
That’s all! This is everything you need to know about the Fabindia SBI Select Credit Card. We hope this Fabindia SBI Card Select Review has given adequate information regarding the benefits, application procedure, fee particulars, required documents, and more. For more doubts and queries, just ask us in the comments space. Stay tuned to our website MoneyCompass to learn more about SBI Credit Cards, and benefits of different cards, etc.