Our Brand Promise - Make Life Simple
Manage your account on the go with the SBI Card Mobile App
SBI Card was launched in October 1998 by the State Bank of India and GE Capital. Incorporated as SBI Cards and Payment Services Private Limited (SBICPSL), SBI Card is headquartered in Gurgaon, Haryana.
In December 2017, State Bank of India and The Carlyle Group acquired GE Capital`s stake in SBI Card, post which SBI held 74% while Carlyle held 26% in the Company.
The legal name of SBI Card was changed on 20 August ’19, from SBI Cards and Payment Services Private Limited to SBI Cards and Payment Services Limited, on account of its conversion from a “Private Limited” company to a “Public Limited” company. In March 2020, SBI Card became the first pure play credit card company to list on the stock exchanges in India.
The aim of SBI Card is to offer Indian consumers access to a wide range of world-class, value-added payment products and services. Our endeavor is to simplify the lives of our customers, employees and other important stakeholders.
Our innovative products and services along with our responsible corporate citizenship practices form the framework of delivering on this promise.
Within a short span of 10 months, we achieved a credit card customer base of 1 lakh. We entered the '1Million Card Club’ in 2002 and crossed the 2 million card base in 2005.
Today, with over 10 million credit cards¹ customers, we are the second largest credit card issuer in the country.
 Total cards outstanding as on December 2019
In a span of 20 years, we have achieved numerous milestones. We have significantly increased our card base, added new types of cards and received various awards and recognitions for our performance, quality and service.
A Journey of Trust and Excellence
Only credit card company in India, providing 14 modes of bill payment.
Using cutting-edge technology to serve you better.
At your service round the clock, in India or travelling abroad.
Providing focused and highly customized corporate solutions.