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Offer Validity
  • Offer duration: 1st Sep’ 2021 – 13 Oct’ 2021

Minimum Transaction (Rs.)




Maximum Cashback Per Card a/c: Rs. 1,500

Steps to avail this offer
  • Shop at select The Raymond Shop, and pay with SBI Credit Card.
  • To view The Raymond Shop store list, click here.
Eligible Cards

All SBI Credit Cards excluding Corporate Cards & SBI PayTm Credit Cards

  • This Marketing Program (“Program”) is offered by SBI Card & Payment Services Ltd. (“SBICPSL”) under an arrangement with Raymond Ltd (“Merchant”). It is open to all legal residents of India holding a valid and current SBI/Tata Credit Card (“Cardholder”) and to whom a communication is sent by SBICPSL and/or Partner.
  • The Validity of the Program (“Term”) is from 1st September’2021 till 13th October’2021, (both days including) unless extended by SBICPSL and Raymond Ltd. by mutual consent in writing for a further period “additional term”.
  • All SBI/Tata Credit Cardholders excluding SBI/Tata Corporate Credit Card with no payment outstanding of more than 30 days are covered under this Program.
  • Market for this offer is defined and limited to West Bengal. The offer will be applicable to TRS (The Raymond Shop) format only
  • Under this Program, cardholder can avail:


5% Cashback

 (valid on EMI & No EMI Trxn)

Minimum Transaction


Max. Cashback per card a/c



1st September – 13th October’ 2021

  • The cashback will be credited in the cardmembers’ account by SBICPSL on 14th December’2021. Cashback will be posted only for those transactions where Merchant ID / Terminal ID is available with SBI Card. For transactions where Merchant ID / Terminal ID is not available with SBI Card (has not been provided by partner / merchant), cashback posting will be done within 7 days of receiving customer request.
  • In case of full cancellation/return of your order, transaction will not qualify for the Offer under this program. If you cancel a part of your order, you will qualify for the Offer only on the net amount you pay on the basis eligibility. After the end of the cashback Offer, Partner will share the updated list of MID/TID for physical stores with SBICPSL. SBICPSL will verify the data with its database, and accordingly process the data and prepare the list of customers eligible for the cashback. Since cashback amount is to be credited to all eligible SBICPSL Credit Cardholders within 45 days after the expiry of the Offer Duration/Period, SBICPSL would work to ensure timely credit of cashback to the Cardholders.

Other Terms and Conditions:

  • The above Offer is by way of a special offer for SBI/Tata Credit Cardholders only excluding SBI/Tata Corporate Credit Cardholders and nothing contained herein shall prejudice or affect the terms and conditions of the card member agreement between SBI and their Clients. The terms of the above Program shall be in addition to and not in derogation of the terms contained in the card member agreement.
  • Any query regarding the program will be entertained only till 13th October’2021. Post such date, SBICPSL & Partner will not entertain any correspondence or communication in any manner whatsoever regarding this Program from any persons.
  • SBICPSL does not endorse any of the products or brands being offered under the Program and will not accept any direct liability pertaining to the quality, merchantability, fitness, delivery or after sales service of such products which shall be at the sole liability to Partner.
  • All the existing offers, gifts, discounts etc. that are being offered can be availed by the Cardholders as part of this exclusive offer as mentioned in this communication.
  • Pictures of products shown in the communication sent to the customer either through mailers or advertised on the website, are representative only and may not bear a resemblance to the actual products. None of the parties shall under any circumstances be responsible towards the same.
  • Products offered under this program are subject to availability from the respective participating merchants/sellers of Partner and accordingly SBICPSL in no circumstances shall be liable for non-availability of any of the products.
  • SBICPSL shall adhere, cater and ensure on best effort basis to perform the agreed terms and conditions of the program.
  • Under no circumstances will the offer/cashback being offered under this Program be settled with cash in lieu by SBICPSL or by Partner.
  • Returned transactions, disputed or unauthorized/fraudulent transactions will not be considered for the Offer.
  • SBICPSL will not entertain any correspondence regarding the validity or acceptability of any additional benefits offered by Partner on products/services made available by it and the same shall be at the sole risk and consequences of Partner and without reference to SBICPSL.
  • All government Levies like Sales Tax, TDS, any Local Tax, Octroi etc., shall be payable by the Cardholder as applicable at the time the respective Programs were offered.
  • This Offer shall be subject to all applicable laws, rules and regulations which are in existence and which may be promulgated anytime by any statutory authority.
  • SBICPSL reserves the right to disqualify the Cardholder(s) from the benefits of the Offer, if any fraudulent activity is identified as being carried out for the purpose of availing the benefits under the said Offer or otherwise by use of the Card subject to intimation to Partner of such disqualification.
  • Any person availing this Offer shall be deemed to have accepted these terms and conditions.
  • SBICPSL and Partner reserve the right, at any time, without prior notice and without assigning any reason whatsoever, to add/alter/modify/change or vary all of these terms and conditions or to replace, wholly or in part, this offer by another offer, whether similar to this Offer or not, or to extend or withdraw it altogether.
  • Delinquent and over-limit SBI/Tata credit card members will not qualify for this Offer.
  • Cardholders are not bound in any way to participate in this Offer. Any participation is voluntary and the Offer is being made purely on a best effort basis.
  • Nothing herein amounts to a commitment by SBICPSL to conduct further, similar or other Offers.
  • Any disputes arising out of the Offer between SBICPSL and Cardholder shall be subject to arbitration by a sole arbitrator to be appointed by SBICPSL for this purpose. The proceedings of the arbitration shall be conducted as per the provisions of Arbitration and Conciliation Act, 1996 and amendment thereof. The place of arbitration shall be at New Delhi, India and language of arbitration shall be English. The existence of a dispute, if any, shall not constitute a claim against SBICPSL or Partner or any of its affiliates.
  • SBICPSL may engage, hire, use the services of agent(s) and/or any third party(ies) for the purpose of providing marketing or sales related services or any other related services in relation to its products on its behalf and the customer may be required to deal with such agents/third parties/service providers with respect to such product/services.
  • Offer also valid on EMI Transactions
  • EMI transactions only on Pinelabs TIDs will be honored.
  • For EMI transactions Offer is only valid on 6,9,12,18 & 24 Month Tenure transactions. 14% rate of interest applicable on monthly reducing balance for 3,6,9,12 Month EMI transactions & 15% rate of interest applicable on monthly reducing balance for 18 & 24 Month EMI transactions.
  • In addition to the mentioned T&C SBI Card’s EMI T&C will also be applicable, for details , pls check :
  • OEM/Brands might give ‘Manufacturer Cashback’ on “Offline Stores” on SBI Credit Card on select tenure & product EMI Transactions. In such cases, the ‘Manufacturer Cashback’ will be posted upfront at the time of conversion. Such transactions will be eligible for Cashback offer subject to meeting offer criteria & terms. e.g: If for 6 month EMI transaction, OEM/Brand is bearing 3.96% of ‘Manufacturer Cashback’, then the total Cashback customer could be eligible for will be 3.96% + Offer Cashback . EMI Manufacturer Cashback of 3.96% will be given upfront to customer at the time of EMI conversion & Offer Cashback will be posted later.
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