BPCL SBI CARD

Terms & Conditions

INDEX
1. Get familiar with your BPCL SBI Card OCTANE............................................... 01
2. Exclusive Features........................................................................................... 02
• Contactless Technology
• Worldwide Acceptance
• Guaranteed Peace of Mind
• Credit Facility
• Enhanced power to your family
• Cash on the Go
- How to get cash from an ATM
- Safety tips for ATM Usage
• Easy Bill Payment Facility
• Balance Transfer
• Flexipay
• Easy Money Facility
• Simple Easy Money Installment
• mBUY
• BPCL SBI Card OCTANE Alerts
• Insurance
3. Convenience of Technology............................................................................. 07
• Connect with us
• Website
• E-statement
4. How to use your BPCL SBI Card OCTANE........................................................ 09
5. BPCL SBI Card OCTANE FAQ’s......................................................................... 10
6. 14 ways to make your BPCL SBI Card OCTANE payment................................ 13
7. Use Credit Responsibly................................................................................... 15
8. Secure your Card............................................................................................ 18
9. Terms & Conditions (Cardholder Agreement)................................................. 20
10. Terms & Conditions - Usage of SBI Card on Token Requestors ..................... 39
GET FAMILIAR WITH YOUR CARD 1

ON THE FACE OF YOUR CARD, YOU WILL FIND

A. Your Name: Please check that your name appears

correctly. In case it does not, please call the SBI Card
Helpline to make the necessary corrections. E

B. Your individual 16 digit card number. B

C
C. Valid Thru: This is the date after which your card needs D

to be renewed. Your card is valid from the day you A

receive it up to and including the last day of the month

indicated on your card.
D. The Visa/RuPay logo: The hologram and the logo E

ensure that all establishments throughout the world B

displaying the Visa/RuPay will accept your card. C

A
D
E. EMV Chip: MV Chip: BPCL SBI Card OCTANE offers you
additional security through the EMV chip enabled
cards.

ON THE REVERSE OF YOUR CARD, YOU WILL FIND

F. The Visa/RuPay hologram. I

G. Magnetic Strip: contains encoded information. G

H. Signature Panel: please sign on this as soon as you H J

receive your card. This identifies the card as yours and F

prevents misuse by any other person. Your signature

on this panel would imply your consent to abide by the
terms & conditions governing the use of your card. I

I. SBI Card Helpline. G

J. Three digit CVV Number. H J

F
EXCLUSIVE FEATURES 2

CONTACTLESS TECHNOLOGY
• Simply wave the BPCL SBI Card OCTANE at a secure reader for the transaction. It
is fast, easy and incredibly convenient
• Ideal for everyday purchase
• The card never leaves your hands during the transaction, significantly reducing the
risk of card loss and fraud due to counterfiet (skimming)

WORLDWIDE ACCEPTANCE
Your BPCL SBI Card OCTANE can be used in over 29 million outlets across the
globe, including 3,25,000 outlets in India. Just look for the Visa/RuPay sign of
acceptance and present your card for payment.

GUARANTEED PEACE OF MIND

BPCL SBI Card OCTANE automatically gives you complete peace of mind with
our SBI Card Helpline and 24-Hour Visa/RuPay Global Customer Assistance
Services available across the world in case of any emergency.
If your card is lost or stolen during travel outside India, Visa/RuPay Global
Customer Assistance Services provides you with emergency assistance.

CREDIT FACILITY
Your BPCL SBI Card OCTANE offers great flexibility of payment. With the
extended credit option, you can plan your payments against your outstanding.
You can pay any amount from the Minimum Amount Due to the Total Amount
Due outstanding as shown in your Monthly Statement. You can then carry
forward the unpaid balance at one of the lowest finance charges available.

ENHANCED POWER TO YOUR FAMILY

You can share the power of your BPCL SBI Card OCTANE with your family, by
applying for an Add-on card for your spouse, parents, siblings and children over
18 years of age.

CASH ON THE GO
As an BPCL SBI Card OCTANE Cardholder, you can withdraw cash from over 1
million Visa/RuPay ATMs across the globe, including 18,000 ATMs in India. In
addition to this, you get access to over 10,000 ATMs across 100 plus cities in
India.
 3

HOW TO GET CASH FROM AN ATM

Now you don’t need to enter a bank anymore. The power to access cash at the press of
a key is in your hands 24 hours a day. To access cash from any Visa/RuPay ATMs, all
you have to do is:
• Insert your card into the machine as directed and wait till the machine prompts you
to key in your Personal Identification Number (PIN).
• Wait for a few seconds till the machine processes this PIN. It will then ask you to key
in the amount of cash you need.
• Wait for a few seconds till your card comes out, count your cash before you leave.

SAFETY TIPS FOR ATM USAGE

• As soon as you get your PIN, memorise it and destroy the PIN mailer. Do not write
the PIN on your card and never share it with anyone. Not even with our staff. Only
you must know your PIN.
• Do not let anybody use your card to access the ATM facility on your behalf.
• Your PIN cannot be changed. Incase you forget it, please call the SBI Card Helpline
and ask for it to be re-issued to you.

PLEASE NOTE:
• Your PIN along with your card is the only requirement for using this facility. Anyone in possession of
both can use it to withdraw cash from the ATM.
• Please follow the instructions on the ATM carefully.
• It is important that you respond to the instructions on the ATM in reasonable time.
• In case you do not act after keying in the PIN, your card will either be retained by the machine or else
will be ejected.
• Your card, if retained by the machine, will have to be re-issued and this is subject to a replacement
card fee at the prevailing rate.
• The ATM may disburse currency notes of a particular denomination only.

Easy Bill Payment Facility

With the Easy Bill Pay facility from BPCL SBI Card OCTANE you can be rest
assured you will never ever forget to pay your utility bills on time. All your
utility bills like electricity, insurance, telephone will get paid before the due
date with this facility from BPCL SBI Card OCTANE. Bill payments can be done
in three ways:
 4

• Standing Instructions- Register yourself for standing instructions where

everytime the bill is due, automatic payment is made to the biller by SBI
Card on your behalf.
• Online payment through website- You can make online payments on the SBI
Card website.

BALANCE TRANSFER
You can now save big with our low interest rate options on Balance Transfer
facility. Transfer the outstanding balance from any other credit card to your
BPCL SBI Card OCTANE in just 2-3 working days, opt for a plan that best suits
your financial needs. To avail this facility, the amount transferred should be a
minimum of `5,000 and maximum of upto 75% of your available credit limit
on the BPCL SBI Card OCTANE. Processing Fee would be charged as
applicable. For detailed information on Balance Transfer, please visit
sbicard.com.

FLEXIPAY
This is an easy installment plan from BPCL SBI Card OCTANE that lets you buy
just about anything and repay in easy monthly installments. Choose the plan
best suited to your financial needs and enjoy a low rate of interest. To avail
this facility, just call the SBI Card helpline number or book online at
sbicard.com or via SBI Card Mobile App, within 30 days of your purchase. For
detailed information on Flexipay, please visit sbicard.com.

SIMPLE EASY MONEY INSTALLMENT

SIMPLE Easy Money Installment is an offer on BPCL SBI Card OCTANE for
customers just like you, to make your credit card usage a little more conven-
ient and hassle-free. The offer is brought to you in partnership with the partici-
pating Merchant Establishments thereby enabling you to buy products or
services on Easy Money Installment schemes at select merchant outlets.
 5

HOW DOES IT WORK?

First choose an outlet which is part of the Simple EMI program. Visit the outlet and
choose the products or services you wish to buy. At the time of making payment,
inform the cashier of your intent of purchasing the product or service on EMI through
your BPCL SBI Card OCTANE.

HOW DO I BENEFIT?
• EMI Amount = Transaction Amount/Tenure
• Earn Regular Reward points even on EMI transactions
• No Documentation and
• On-the-spot approvals.

WHAT ARE THE CHARGES?

• You may be charged a one-time processing fee along with the first EMI or this could
be at no extra cost to you depending on the offer. Please visit sbicard.com or the
participating merchant outlet for more details.
• You can view the list of participating merchant outlets and terms & conditions log
onto sbicard.com

mBUY
BPCL SBI Card OCTANE brings to you mBuy that allows you to shop on the go.
Book movie tickets, plan your travel, buy gifts, recharge your mobile or DTH &
more anytime, anywhere. Access over 100 merchants on your mobile & pay
with your BPCL SBI Card OCTANE and Make life simple. To download mBuy,
SMS mBuy to 56767 or log onto sbicard.com

SBI CARD ALERTS

SBI Card Alerts enables you to receive information regarding your credit card
status as an SMS on your mobile phone. These include Mini Statement Alerts,
Cheque Alerts, Credit & Cash Limit Alerts & Payment Assistance Alerts. So no
matter where you are, we will keep you informed !
 6

With your SBI Credit card you can buy Health Insurance, Personal Accident
Insurance, Motor Insurance, Additional health covers, Travel & Home
insurance, Life Insurance and other assistance products, at very affordable
rates.

Disclaimer: SBICPSL, SBI Cards & Payment Services Limited (Formerly known as SBI
Cards & Payment Services Private Limited) is a corporate agent of Royal
Sundaram General Insurance Co. Limited, SBI General Insurance Company
Limited & SBI Life Insurance Company Limited Vide IRDAI registration
code CA0075
Insurance is the subject matter of Solicitation. Royal Sundaram IRDAI
Registration Number -102, SBI Life IRDAI Registration Number – 111, SBI
General IRDAI Registration Number – 144
CONVENIENCE OF TECHNOLOGY 7

CONNECT WITH US
SBI Card is now on Facebook, Twitter & YouTube to connect with you and make your
life Simple. Stay connected with us to know your BPCL SBI Card OCTANE better - our
Features & Offerings, Hot Deals & Services for you, Card Security, Card Eligibility,
Common Card Terms & more.

Connect with us
Send 'Hi' to
@sbicard_connect @sbicard @SBICcard_Connect @sbicard @sbi-card
9004022022

WEBSITE
Discover the power of convenience with the SBI Card Mobile App or
www.sbicard.com and manage your SBI Card anytime, anywhere. Access
your account information, raise a service request or book a cross-sell prod-
uct with a single click. Do More, View More and Mange More online.
Register on digital platforms in 4 simple steps:
1. Go to www.sbicard.com/register or select “Register now” on www.sbi-
card.com
2. Enter your Card no., CVV & Date of Birth and click on ‘Generate OTP/Pro-
ceed’, a one-time password (OTP) which you will receive on your regis-
tered mobile number and registered email address
3. Enter the OTP and click on ‘Proceed’
4. Set your preferred user ID, password and confirm password; and click on
‘Confirm’ Convenience on Mobile App
a. Edit/confirm device name for trusted device
b. Set M-PIN and Touch ID as convenient login options

DO MORE
• Apply online for BPCL SBI Card OCTANE
• Apply for Flexipay, Encash, Balance Transfer for Easy Money
• Online Bill Payment
• Request for an Add-on card or ATM PIN
• Request for an ATM PIN
 8

VIEW MORE
• Account Summary
• Unbilled Transactions
• Spends Analyzer
• Card Statement & Payment History for last 12 months

MANAGE MORE
• Single Window View
• Track Booked Offers
• Instant Contact Updation
• Subscribe to e-Statement or Request for Duplicate Statement

E-STATEMENT
No postal delays. No lost statements. No late payments. Just the convenience
of getting your monthly statement delivered directly to your inbox. To
subscribe, Simply SMS ESR <your email id> to 56767 from your Mobile number
registered with us.
To get started log on to www.sbicard.com and take advantage of these
benefits.

Scan this
QR code
to download Scan this QR code
the App now! to register
HOW TO USE YOUR BPCL SBI CARD OCTANE? 9

Using your BPCL SBI Card OCTANE is very simple. Once you have made a purchase at
any of the merchant establishments that display the Visa/RuPay sign, please present
your card for payment.
The establishment will prepare a charge slip (specimen shown above), very much like a
normal bill, which contains the details of the transaction.
• Please verify the amount A and ensure that other particulars on your charge slip
are correct.
• Kindly add the amount paid as tips and
miscellaneous expenses and ensure that
the total amount is filled. Check the
amount in words (never leave the total
blank).
• Please sign on the charge slip at the
place indicated B in the same way as
you have signed on the reverse of your
card. You will be returned a copy of the
charge slip, the actual bill and your
card.
• Before you leave, please ensure that
you have received your card.
• The amount you spend on your card will
appear in your monthly statement. You
can make your BPCL SBI Card OCTANE
payment using any of the 15 payment
options available. Normal use of card
does not attract any transaction fee or
interest charge except in case of late
payment / no payment.
 10

BPCL SBI Card OCTANE FAQ’s

BPCL SBI Card OCTANE FAQ’s 11

1. What is BPCL SBI Card OCTANE?

Ans: BPCL SBI Card OCTANE powered by Visa/RuPay contactless technology is a fast
and convenient way to pay for every day purchases. It is a secure,
contactless chip technology designed to help you spend less time at the cash
register and give you the freedom to do the things that matter most to you.
2. How does the BPCL SBI Card OCTANE work?
Ans: Step 1: Look for the Visa/RuPay contactless technology mark and contactless
logo at the point of sale.
Step 2: The cashier enters your purchase amount into the terminal. This amount
will be displayed on the contactless reader.
Step 3: Hold your card over the reader at close range (less than 4 cm from where
the contactless logo appears).
Step 4: Four green indicator lights or a beep sound will indicate when the trans-
action is complete. A message will also be displayed on the screen indicating the
transaction is complete. No PIN is required.

Look Wave Go

Please note that payment through contactless mode is allowed for a maximum
of `5000 for a single transaction.
3. What are the benefits?
Ans: Contactless payment functionality powered by Visa/RuPay is specially designed
for you for speed, convenience and security. During a contactless trans action
the card never leaves your hand. This greatly reduces the risk of card loss and
fraud through counterfeit/ skimming. A Visa payWave/Contactless Indicator for
RuPay contactless card has its own, unique, built-in, secret key, which is used to
generate a unique code for every Visa/Rupay contactless transaction, thus
making it more secure. There’s no dipping, swiping or fumbling for cash. You’re
ready to go in just a few seconds. Ideal for places like fast-food joints, petrol
stations, movie theatre etc. You don’t need to look for cash/coins for small ticket
everyday purchases. It is also easier to keep track of these expenses.
 12

4. Is there a limit for a contactless transaction amount? Can I set my own limit?
Ans: Payment through the contactless mode is allowed for a limit of maximum `5000-
for a single transaction. For a contactless transaction PIN is not required. This
limit is common for all customers and setting up of individual limit is not possi-
ble. Any transaction amount more than `5000 has to be carried out through a
contact transaction (Dip or Swipe) and entering the PIN. You can also choose to
do a contact transaction (Dip or Swipe) with PIN for transactions amount below
`5000.
5. Where can I use my BPCL SBI Card OCTANE?
Ans: You can look for the Universal Contactless symbol at the POS machine at mer-
chant outlets. Also please visit www.sbicard.com for details of merchants ena-
bled for Visa payWave/Contactless Indicator for RuPay contactless payment
acceptance.
6. Can I use my BPCL SBI Card OCTANE at other merchants (not enabled or con-
tactless payment acceptance) as well?
Ans: Yes, for the merchants not enabled for contactless payment acceptance, you can
use this card for a normal dip or swipe transaction.
7. Could I be debited twice if I have more than one contactless card?
Ans: No, as contactless readers will only communicate with one card at a time. If the
shop’s reader finds more than one contactless card in your wallet or purse, you
will be asked to select one card to pay.
8. Could I unknowingly have made a purchase if I walk past the reader?
Ans: No. Your card has to be waved within 4 cm of the card reader for more than half
a second and the retailer must have first entered the amount for you to approve.
Terminals can only process one payment transaction at a time, therefore reduc-
ing transaction errors.
9. Is there any difference in the process for ATM and Internet transactions for the
BPCL SBI Card OCTANE?
Ans: There is no difference in transaction process for ATM or any Card not present
transactions including internet transactions. For ATM transactions you need to
enter the PIN and for Internet transaction you need to enter your 3D secure PIN
or OTP.
 13

10. What happens if my contactless card is stolen – can it be misused?

Ans: Immediately report the loss of your Credit Card to SBI Card to prevent any
misuse. Please call our helpline or visit SBI Card App / Website to block your
credit card.
Safeguards are in place to mitigate misuse of lost or stolen card by fraudster. The
limit for Contactless Card transaction without entering the PIN is `5,000, above
which the transaction needs PIN for authorization. Please note that your
maximum liability on any given date will be limited to available credit limit on
your card.
14 WAYS TO MAKE BPCL SBI Card OCTANE PAYMENT 14

Online SBI
Simply log-on to onlinesbi.com to pay your bills directly from your SBI Bank
Account. Payment will reflect instantly on your SBI Credit Card account.

NEFT (National Electronic Funds Transfer)

Pay SBI Card bill online 24x7 from any bank account using IFSC code SBIN00-
CARDS. Your payment will be credited in 3 banking hours.

PayNet
Click on PayNet at sbicard.com to make your payment online through net
banking. Payment will reflect instantly on your SBI Credit Card account.

Pay Via UPI

a.UPI BHIM SBIPAY- Pay via BHIM SBI Pay App for instant credit on your card,
you can download the app from Playstore.
b. UPI QR/Web Collect Code - Pay your SBI Credit Card outstanding by scan-
ning the QR code or through your bank account VPA. For more details, visit
www.sbicard.com

SBI Card Mobile App

Pay instantly through SBI Card Mobile App. You can download the app from
Google Play store or App store.

Electronic Bill Payment

Pay online, directly from your bank account using Bill Pay facility of your bank.

Debit Card Payment

Pay online using any bank debit card. Payment will reflect instantly on your
SBI Credit Card account. For more details, visit www.sbicard.com.

Pay Via yono

Pay directly by authorizing BPCL SBI Card to debit your SBI bank account
(Savings/Current).
 15

VISA Credit Card Pay

Use VISA Credit Card Pay to transfer funds and to pay your SBI Credit Card
VISA Credit
Card Pay
bill. Available for VISA Cardholders only. Your payment will be credited
instantly.

Auto Debit
Authorize SBI Card to debit your bank account (savings/current) by filling the
Auto Debit mandate available at select banks. For more details, visit
www. sbicard.com.

National Automated Clearing House

Authorize SBI Card to debit your bank account (savings/current) by filling the
NACH mandate. For more detail visit www.sbicard.com.

Over the Counter Payment

Pay in cash/transfer/Cheque at SBI Branches. Your payment will be credited
in 2 working days.

SBI Card Drop Box

Manual drop box: Please make Cheque/Draft payable to your “SBI Card
Number XXX” (16 Digit Card Number). Please drop your cheque in SBI Card
box only. Outstation/Non-CTS cheques are not accepted. Your Payment will
be credited in 3 working days. To locate your nearest SBI Card Drop Box,
please visit www.sbicard.com.

SBI ATM
Pay at any SBI ATM with your SBI Debit Card. Your payment will be credited
in 3 working days.
USE CREDIT RESPONSIBLY 16

While you are empowered to use your credit card the way you wish to, it is best to use
it responsibly. As credit card mismanagement is on the rise various financial institu-
tions in the country have set up CIBIL, a body to monitor credit usage and safeguard
the interests of member banks and financial institutions. Here is how an ideal credit
cycle works:

You borrow
credit

You make
You get credit
your payments
at better terms
on time

Ideal Credit Cycle

You need to Your payment

borrow credit record is shared
again with CIBIL

Your credit
score improves

WHAT IS CREDIT INFORMATION BUREAU INDIA LIMITED (CIBIL)?

CIBIL is India’s first credit information bureau established in 2004. It is a repository of
information which contains the credit history of all borrowers CIBIL’s members include
all leading banks, financial institutions, non-banking financial companies, housing
finance companies, state financial corporations and credit card companies.
 17

WHAT IS A CREDIT INFORMATION REPORT?

A Credit Information Report (CIR) is a factual record of a borrower’s credit payment
history compiled from information received from different credit grantors. Its purpose
is to help Banks & Financial Institutions make informed lending decisions - quickly and
objectively.

HOW DOES THE CREDIT INFORMATION REPORT IMPACT ME?

When you approach the Banks & Financial Institutions for credit, your application will
be evaluated on the basis of your past payment history, existing credit lines and other
factors such as income and security. A good past payment history may lead to credit
being granted faster and on better terms.
On the other hand, a poor past payment record indicate past delinquency and can lead
to denial of credit or extremely expensive credit.
Therefore prudent credit management and financial discipline is a must to ensure a
good credit history for enabling you for smooth and faster access to affordable credit
in the future.

HOW DO I IMPROVE MY CREDIT RECORD?

• Make at least the minimum amount due on time each month. On time payments will
have the most positive significant impact on your credit record.
• Maintain affordable & reasonable levels of credit
• Limit the number of credit cards that you hold. Maintaining a large number of cards
can hurt your credit history.
• Do not use your credit card such that your outstanding is very close to your credit
limit as this can adversely affect your credit rating.

HOW CAN YOU MAINTAIN A GOOD CREDIT HISTORY?

There are a number of things you can do to build and maintain a good credit history.
Here are some important do’s and don’ts :
 18

DO’S
• Make your credit card payments on time
• Pay off your “Minimum Amount Due” on your card every month
• Contact your creditors if you are having trouble making payments
• Make sure that your monthly account statement is correct
• Read the statements and other material you receive from your credit card
company carefully
• Deal with companies you know and trust
• Pay attention to late payments, calls or letters from credit agencies, and denied
or revoked credit. These are all signs that your credit history may be in
jeopardy!

DON’TS
• Do not pay late
• Do not sign a credit contract until you read and understand it
• Don't go over the credit limit on your credit card
• Don't wait to report any unauthorized transactions on your account
• Don't open new credit accounts for the purpose of debit consolidation without
closing existing accounts
• Do not miss reviewing your monthly statements
• Do not close credit cards in an improper manner, it can hurt your credit score
SECURE YOUR CARD 19

TAKING CARE OF YOUR CARD

• The black magnetic strip contains important information about your card and needs
special handling. Do not keep your card in an area where there is a continuous
magnetic field. Do not leave it on top of your television set or near any electronic
appliance
• Avoid scratching the magnetic strip
• Do not place two cards with the magnetic strips together
• Do not bend the card
• Keep your card away from heat and direct sunlight, e.g. do not leave it in a car parked
in sun
These simple precautions will help protect the important information stored on the
magnetic strip and ensure that you do not face any problems while using your card.

DO’S DON’TS
• Accept the welcome kit if it’s properly • Do not disclose your CVV, PIN, One
sealed. Destroy the PIN mailer after memo- time password (OTP), Online
rizing it account access ID & password or
• Ensure that your mobile number is updated any other sensitive information to
and registered for instant transaction anyone
alerts. • Do not respond to phishing e-mails
• Check transaction SMS alerts regularly and or SMS attacks asking for your BPCL
report disputed transactions to the call SBI Card OCTANE details
centre immediately • Do not access your online account
• Report lost or stolen card immediately. You on unsecure public computers like
can block your card on IVR also cyber cafes
• Keep your credit card issuer company • Do not handover your BPCL SBI
informed about any change of address in Card OCTANE to anyone including
advance company representatives
• Destroy your existing credit card cutting it
diagonally into pieces at the time of renew-
al, upgradation or cancellation
• Make online transactions only on secured
websites with ‘https’ and has a padlock
symbol rather than ‘http’ in the address bar
 20

SIMPLE STEPS TO PROTECT YOUR CARD AGAINST FRAUD

LOST OR STOLEN
• Please call the SBI Card Helpline and report the loss/theft or the Visa/RuPay
Helpline abroad to report the loss so that we can block your account immediately
• Report the loss to the police and collect a copy of the complaint/FIR immediately
• Confirm the loss to us in writing along with a copy of police complaint/FIR

CARD RENEWAL
• A new BPCL SBI Card OCTANE will be sent to you
automatically when the card you currently hold
expires, provided your account is in good
standing
• Your new BPCL SBI Card OCTANE becomes valid
after your present card expires
• On expiry, the card must be destroyed by cutting
it into multiple pieces across the black magnetic
strip

CPP
• SBI Card introduces CPP (Card Protection Plan), India’s first comprehensive card
protection service for use in the event of card loss, theft and related fraud. This
product is designed to help you safe-guard all your Cards with CPP. No matter where
you are, make One Free Call to CPP’s 24 Hour Helpline to report loss of cards or
fraud. CPP will notify all your Issuers and you will not need to call them individually.
It will also additionally ensure that you would not be stranded anywhere away from
home as a result, by helping pay your hotel bills, travel tickets and providing you
some emergency cash and helping restore your confidence and freedom! Call SBI
Card Helpline at 0124-39010303 OR SMS SBICPP to 56767 to buy Card Protection
Plan.
 21

Terms & Conditions

CARDHOLDER AGREEMENT 22
Before you sign or use the enclosed BPCL SBI Card OCTANE, please read this Agreement, as your use of the
Card will be governed by the terms and conditions below:
1. DEFINITIONS
‘You’ and ‘Your’ shall mean the applicant whose name appears on the BPCL SBI Card OCTANE application
form and includes his/her heirs and assignees. ‘Additional Cardholder’ shall mean an individual issued a Card
as per your instruction in line with clause 2.6 of this Agreement. ‘Card’ or ‘Credit Card’ or BPCL SBI Card
OCTANE’ shall mean a credit card issued by SBICPSL on a Card Account and which entitles a Cardholder to
use the Card Account.
‘Cardholder’ is an individual who holds a Card under this Agreement and shall mean a Primary Cardholder
and, where appropriate the Additional Cardholder.
‘Card Account’ shall mean an account opened and maintained by SBICPSL for the purpose of usage of the
Card, under this Agreement.
‘Cash Advance’ shall mean any transaction whereby cash or cash equivalent is obtained by the Cardholder
by use of the Card/Card number.
‘Charges’ shall mean all amounts charged to the Card Account under this Agreement including but not limited
to purchase of goods, services or cash advances by use of the Card or a Card number, balance transfers,
joining fee, annual fees, interest charges, finance charges, over limit charges, late payment charges,
collection charges, maintenance charges transaction charges and service charges.
‘International transactions’ mean the transactions entered into by the Cardholder on his/her Card outside of
India, Nepal and Bhutan.
‘Merchant Establishment’ shall mean any company, establishment, firm or person, wherever located and in
whatever form (including the Internet), which is designated as a Visa/RuPay merchant and or with whom
there is an arrangement for a Cardholder to obtain goods, services or cash advances by use of the Card or
Card number and includes any establishment displaying the Visa/RuPay symbol which appears on the face
of the Card.
‘Primary Cardholder’ means a Cardholder in whose name the Card Account is maintained. ‘Purchase Balance’
shall mean any and all amounts relating to non-cash transactions owing to SBICPSL.
‘Total Outstanding’, ‘Outstanding’ or ‘Outstanding Balance’ (capitalised or not, in singular or plural) shall
mean any and all amounts owing to SBICPSL on the Card Account.
‘SBICPSL’ shall mean SBI Cards & Payment Services Limited (formerly known as SBI Cards & Payment
Services Private Limited) having its registered office at Unit 401 & 402,4th Floor, Aggarwal Millennium
Tower, E 1,2,3, Netaji Subhash Place, Wazirpur, New Delhi – 110034, and shall include its successors and
assignees.
“BPCL SBI Card OCTANE” means a Cobrand Credit Card issued by SBICPSL pursuant to this Agreement,
which is customized and carries the name and/or logo of on the front face of the Cobrand Credit Card and
logo of SBI Card.
2. THE CARD
2.1 You shall be deemed to have unconditionally agreed to be bound by this Cardholder Agreement by
acknowledging receipt of the Card in writing or by signing on the reverse
of the Card or by incurring a Charge on the Card. If you do not wish to be bound by this Agreement
then you must cut the Card in half and return it to SBICPSL promptly.
2.2 The Card is the property of SBICPSL and must be surrendered to SBICPSL on request. The Cardholder
must not permit any other person to use the Card and should safeguard it from misuse by retaining it
under his/her personal control at all times.
 23
2.3 Each Cardholder may be issued a personal identification number or a password (PIN) to enable use of
the Card for accessing his/her Card Account on the ATM and Internet and also for availing any
privilege, benefit or service that may be offered by SBICPSL on the Card. The PIN will be communicated
to the Cardholder entirely at his/her risk, who shall not disclose the PIN to any person and shall take
all possible care to avoid its discovery by any person. The Cardholder shall be liable for all transactions
made with the use of the PIN, whether with or without the knowledge of the Cardholder.
SBICPSL reserves the right to refuse any transactions if it believes that the PIN is being misused or
being used without appropriate authorisation.
2.4 The Card is valid up to the last day of the month of the year indicated on the face of the Card unless
cancelled earlier. Upon expiry or earlier cancellation, the Card may be renewed or reinstated at the sole
discretion of SBICPSL. On expiry, the Card must be destroyed by cutting it in half diagonally.
2.5 A Joining fee at the prevailing rate will be levied on opening of the Card Account. An Annual fee at the
prevailing rate will be levied upon opening of the Card Account and then annually during the month in
which the Card Account was originally opened. An Annual Additional Card fee will also be levied for
each Additional Card on the Card Account at the prevailing rate. The Joining and Annual fee(s) are
subject to change at the discretion of SBICPSL and are not refundable.
2.6 SBICPSL may, based on the Primary Cardholder’s written request, issue Additional Cards to individuals
nominated by the Primary Cardholder who shall be unconditionally bound by this Agreement.
2.7 The Primary Cardholder shall be fully liable to SBICPSL for all the Charges on his/her Card and also for
those incurred by the Additional Cardholders. The Additional Cardholders shall be jointly and severally
liable to SBICPSL for all the Charges even though the monthly statement of account may be sent only
to the Primary Cardholder. The Primary Cardholder may at any time request cancellation of any
Additional Card(s) but will continue to remain liable for any Charges on such Additional Card(s).
3. USE OF THE CARD
3.1 The Card is valid for use in India and internationally as per usage restrictions, entitlements and other
conditions stipulated by Reserve Bank of India (“RBI”) or any other Government authority from time to
time.
3.2 The Card is not valid for payment in foreign exchange in Nepal and Bhutan. The currency of transaction
on the Card in Nepal and Bhutan shall be the local currency or Indian Rupee.
3.3 The Cardholder (including the Additional Cardholder) shall strictly comply with all requirements of the
foreign exchange control/management regulations issued by RBI from time to time and in the event of
non-compliance, the Cardholder will be liable for action under the applicable exchange control/
management regulations. Moreover, the Cardholder may be debarred from holding the Card at the
instance of RBI or SBICPSL.
3.4 Use of the Card at Merchant Establishments will be limited by the credit limit assigned to each Card
Account by SBICPSL from time to time. In case of Additional Cards issued by SBICPSL, the extent of use
of all Cards so issued will be limited by the Card Account’s credit limit. The Outstanding on the Card
Account must not exceed the credit limit at any time. In the event of breach of this provision, the
Cardholder will be charged an over limit fee at the prevailing rate. The Cardholder must repay the
excess immediately. The over limit fee is subject to change at the discretion of SBICPSL. The credit limit
may be revised from time to time at the discretion of SBICPSL.
3.5 SBICPSL may, at any time without prior notice, refuse authorisation for a Charge incurred at a Merchant
Establishment, and/or restrict or defer the Cardholder’s ability to use the Card and/or suspend or
cancel the Card and/or repossess (directly or through a Merchant Establishment or any other third
party) the Card if it reasonably believes that it is necessary to do so for proper management of credit
 24
or business risk or if the Card or the Card Account is being or likely to be misused or if the Cardholder
is in violation of the exchange control/management regulations or any other applicable law or
regulation.
3.6 The Card may be used for personal purposes and for bona fide business expenses.
3.7 The Cardholder shall ensure that he/she maintains a detailed record of his/her transactions on the
Internet. SBICPSL is not obliged to make any independent verification with regard to order details
provided by the Cardholder and shall be entitled to rely on the details submitted by the Cardholder on
the Internet.
3.8 Some transactions may attract a service charge, in addition to the amount of the Charge, at certain
Merchant Establishments. SBICPSL may also levy charges for collection of cheques, maintenance of the
Card Accounts, and for other services that may be rendered to the Cardholder from time to time.
3.9 The Cardholder must sign and collect the Charge slip, Cash Advance Slip or Mail Order Coupon at the
time of incurring the Charge. Failure to sign a charge slip will not avoid liability for the Charges. The
Cardholder must retain his/her own copy of the charge slips. Copies of charge slips will not normally
be provided by SBICPSL. However, at its discretion, and upon customer request, SBICPSL may provide
copies thereof subject to an additional charge.
3.10 In relation to Charges on account of mail order or telephone or electronic commerce (e.g. on the
Internet) where a charge slip or voucher may not be available for signature, the Cardholder accepts that
in the event of any dispute regarding the authenticity or validity of such a Charge, the Cardholder will
first clear his/her Outstanding on the Card and then endeavour to resolve the dispute directly with the
concerned Merchant Establishment.
3.11 Any charge slip or other payment requisition (electronic or otherwise) received from a Merchant
Establishment or any intermediary by SBICPSL for payment shall be conclusive proof that the amount
recorded on such charge slip or other requisition was properly incurred by the use of the Card by the
Cardholder. Should the Cardholder choose to disagree with a Charge indicated in the monthly
statement of account, the same should be communicated to SBICPSL within 10 (ten) days of the
statement date, failing which it would be construed that all Charges and the monthly statement of
account are entirely in order.
3.12 You agree that an electronic record or printout of an electronic record or a copy produced from a
microfilm or a scanned /digital image of any document or Charge relating to your Card / Card Account
with SBICPSL or produced from data received by SBICPSL electronically from the Merchant
Establishment or from you or any intermediary, shall be conclusive evidence of that document or
Charge for any purpose.
3.13 SBICPSL will not be responsible if any Merchant Establishment refuses to accept the Card or is unable
to transact on the Card or levies a surcharge on the Card. However, the Cardholder should notify
SBICPSL of this complaint. SBICPSL is not responsible or liable for any defect or deficiency in respect
of goods and services charged to the Card. Any dispute should be settled directly by the Cardholder
with the Merchant Establishment and failure to do so will not relieve the Cardholder of any obligations
to SBICPSL. The existence of a claim or dispute shall not relieve the Cardholder of his/her obligation to
pay all Charges and the Cardholder agrees to pay promptly such Charges, notwithstanding any dispute
or claim whatsoever. No claim by the Cardholder against a Merchant Establishment will be the subject
of a set-off or counterclaim against SBICPSL.
3.14 SBICPSL may, at its sole discretion, permit from time to time, its Cardholder to transfer his/her
Outstanding balances (“Balance Transfer/s”) on other credit cards and credit facilities availed by him /
her from other companies and financial institutions. Balance Transfers will not be accepted from
 25
overdue status accounts or where the credit limit has been exceeded or which are greater than the
Outstanding balances on such other credit cards and will be limited to such percentage of the available
credit limit on the Card as may be determined by SBICPSL. Balance Transfer requests will also not be
accepted from other BPCL SBI Card OCTANE accounts. By choosing to avail of the Balance Transfer
facility, the Cardholder authorizes SBICPSL to make payments to companies / financial institutions so
designated. SBICPSL, however, reserves its absolute right to refuse any Balance Transfer request. The
Cardholder must continue to meet his / her obligations in respect of his / her existing credit facilities,
balances of which are the subject of Transfer hereunder, until he/she has received a written intimation
from SBICPSL that the Balance Transfer request has been accepted and payments have been made to
the companies/financial institutions so designated. SBICPSL will not be liable for any new charges,
overdue payments or interests incurred on other credit cards/facilities. SBICPSL may, in its discretion,
stipulate additional terms and conditions from time to time.
3.15 The Cardholder acknowledges that the privileges, benefits and facilities attached to the Card may be
suspended/ withdrawn by SBICPSL at its discretion at any time without liability to the Cardholder.
Termination of this Cardholder Agreement shall result automatically in the termination of such
privileges, benefits and facilities. SBICPSL shall not be liable in any way to the Cardholder for any
defect or deficiency in any privileges, benefits or facilities provided by third party suppliers or
Merchant Establishments.
3.16 A purchase and a cancellation of goods/services, e.g. air/rail tickets, are two separate transactions.
The Cardholder must pay for the purchase transaction as it appears on the statement to avoid incurring
finance charges or fees. Credit of refund on account of cancellation will be made to the Card Account
(less cancellation charges) only when received from the Merchant Establishment. No cash refund will
be given to the Cardholder. If a credit is not posted to the Card Account within a reasonable time, the
Cardholder must notify SBICPSL within 30 (thirty) days of cancellation.
3.17 The onus of complying with the foreign exchange control / management regulations, baggage rules,
EXIM Policy and other applicable laws, as amended from time to time, is solely that of the Cardholder
and the Cardholder and shall indemnify and hold harmless SBICPSL from any consequence, loss,
damage, expense or any other financial charge that SBICPSL may incur and/or suffer on account of the
Cardholder’s contravention of any applicable law and regulation. Non-compliance with the regulations
shall not be a ground for the Cardholder to delay or refuse the amounts payable to SBICPSL. In case
the Card is suspended/ cancelled, whether on account of non-compliance with exchange
control/management regulations or otherwise, SBICPSL will not be responsible for any attempted
usage of the Card, whether in India or abroad, resulting in the Card being dishonoured and the
concerned Merchant Establishment would be entitled to pick up the Card on presentation.
4. CASH ADVANCES
The Cardholder may be permitted to obtain a Cash Advance from designated branches of State Bank
of India, Automated Teller Machines (ATMs) and/or other permitted establishments subject to
applicable terms and requirements imposed by SBICPSL from time to time. A minimum and/or
maximum amount of Cash Advance that can be accessed on the Card in a single charge or in a single
business day may be specified by SBICPSL periodically. The total amount that will be available for cash
withdrawal at any point in time will be governed by cash limits set up periodically which will be
disclosed to the Cardholder in the monthly statement of account. A cash advance fee will be levied on
each such Charge and will be billed to the Cardholder.
5. INSURANCE BENEFITS
5.1 Insurance is optional and a subject matter of solicitation. In the event any insurance cover or benefit
 26
of any insurance cover is made available to the Cardholder by an insurance company at the request of
SBICPSL, the Cardholder specifically acknowledges that SBICPSL will not be liable in any manner
whatsoever and that the insurance company will be solely liable for all claims thereunder. The
Cardholder shall not hold SBICPSL responsible for any matter arising out of or in connection with such
insurance cover, whether for or in respect of any deficiency or defect in such insurance cover.
Recovery or payment of compensation, processing or settlement of claims or any other matter in
relation to the insurance cover shall be addressed to and resolved directly by the Cardholder with the
insurance company.
5.2 The Cardholder further acknowledges that the insurance cover so provided will be available to the
Cardholder only as per the terms of the relevant insurance policy in force and only so long as the Card
Account is maintained in good standing. On the Card being suspended or cancelled for whatever
reason, the benefit of such insurance cover shall automatically and ipso facto cease to be available
from the date of suspension/cancellation of the Card Account.
5.3 The Cardholder hereby authorizes SBICPSL to require the insurance company to settle any
Outstanding on his/her Card Account before payment of any compensation or claim to his/her heirs,
nominees, beneficiaries, etc., under the insurance policy.
6. BILLING & SETTLEMENT
6.1 The monthly statements of account shall be sent to the Cardholder by mail unless the Cardholder
specifically opts for such statements to be sent by e-mail, in which case they shall be sent at the e-mail
address specified by him/her in the application or by a separate intimation. Additionally, the
Cardholder may also access his/her Card Account on the Internet, as and when so enabled by
SBICPSL, at its website by using his/her PIN to check his/her statement of account.
If the Cardholder experiences any difficulty in accessing the electronically delivered statement of
account, he/she shall promptly inform SBICPSL. The Cardholder agrees to access his/her aforesaid
e-mail account at regular intervals of time.
The Cardholder will not hold SBICPSL responsible for his/her not having access, for any reason
whatsoever, to the information and statements of account sent to him/her via e-mail. Failure on the
part of the Cardholder to receive the statement of account electronically (by e-mail or through access
to the Card Account on the Internet) will not avoid his/her liability for the Charges incurred on the
Card and the Cardholder shall be liable to make payment for the Charges within 30 days of incurring
the Charge on the basis of his/her own record of the transaction or earlier if requested by SBICPSL.
6.2 SBICPSL will debit the Card Account for all the Charges incurred by use of the Card and provided for
in the Agreement. Charges in respect of International Transactions incurred in foreign currency will be
segregated from the Indian Rupee transactions in the statement of account. All Charges (including
those in respect of International Transactions) shall be billed in Indian Rupees. The Cardholder agrees
and hereby authorises SBICPSL to convert Charges in respect of International Transactions incurred in
foreign currency to Indian Rupees at the applicable foreign exchange rates plus any service charges.
SBICPSL will credit the Card Account for all payments made by the Cardholder to SBICPSL and also for
any credit received from the Merchant Establishments in favour of the Cardholder. When the Card
Account has a debit(s) or a credit(s) to be applied over a statement period as determined by SBICPSL
from time to time, SBICPSL will send a monthly statement of account to the Cardholder reflecting such
debit(s)/credit(s). The Cardholder’s obligations and liabilities under this Agreement will not be
affected in any way by non-receipt of the monthly statement of account and the Cardholder shall be
liable to settle the Outstanding balance on the Card in due time on the basis of his/her chargeslip,
noting, record or any other evidence (electronic or otherwise) of the Charge.
6.3 The monthly statement of account will set out, inter alia, the Outstanding balance on the Card
 27

Account, minimum payment required to be made and the due date for payment. The minimum payment
due from the Cardholder each month will consist of (a) the monthly payment - this amount is payable
by the due date shown on the relevant monthly statement of account and will be 5% of the Outstanding
balance on the Card Account or `200 whichever is higher (refer Tariff of Charges) and (b) any overdue
amount and any over limit amount - these amounts are payable immediately; or if the Outstanding
balance is less than `200/-, the minimum amount payable will be equal to the Outstanding balance on
the Card Account.
6.4 (a) Unless the interest-free period applies as set out below, SBICPSL will levy a finance charge on any
new purchase (and any related debited charge) from the day on which it is debited to the Card
Account. The interest-free period for a purchase (and any related debited charge) in any statement
period will apply if the Outstanding balance on the Card Account for the previous statement period
(if any) is paid in full by its due date. If the Outstanding balance on the Card Account is not paid in
full by its due date, a finance charge will be levied on any new purchase (and any related debited
charge) from the day on which the purchase (and any related debited charge) is debited to the Card
Account and on the Outstanding account balance on the Card Account from the first day of the last
statement period. SBICPSL will charge interest on a Cash Advance from the day on which the Cash
Advance is debited to the Card Account.
(b) SBICPSL will ordinarily levy a finance charge on the Purchase Balance Outstanding on the Card
Account on a daily basis by applying its current daily percentage rate to the amount of the Purchase
Balance Outstanding at the end of each day. SBICPSL will levy a finance charge on Cash Advance
balances on a daily basis by applying its current daily percentage rate to the amount of the Cash
Advance balance at the end of each day.
(c) The finance charge as above, will continue to be payable after termination of this Agreement or
closure of the Card Account till Outstanding on the Card Account is cleared in full.
(d) SBICPSL may at any time, under intimation to the Cardholder, vary the finance charge to take into
account prevailing interest rates, market forces and credit and business risks.
(e) No interest will be paid on any credit balances in the Card Account.
6.5 (a) The Cardholder must make payment to SBICPSL each month of at least the minimum amount due
as described in clause 6.3 hereinbefore.
(b) Punctual payment is essential and it is a condition of this Agreement that all payments must reach
SBICPSL on or before the payment due date indicated in the monthly statement of account but not
later than 30 days from the date of incurring the Charge in any case.
(c) If the minimum amount due is not paid by the payment due date, a late payment fee will be debited
to the Card Account.
(d) Payments will be applied towards the Charges on the Card Account in the following order:
(I) In repayment of unpaid fees;
(ii) In repayment of service charges;
(iii) In repayment of membership fee (Joining/Annual);
(iv) In repayment of late payment fee;
(v) In repayment of cheque dishonoured fee;
(vi) In repayment of collection expenses;
(vii) In repayment of over limit fee;
(viii) In repayment of interest debited to the Card Account;
(ix) In repayment of Charges;
 28
(x) In repayment of any Charges incurred but not yet billed, and thereafter at the discretion of
SBICPSL.
(e) All payments made by cheque/draft are subject to realisation. Outstation cheques/drafts are
subject to a collection charge at the prevailing rate, which is subject to change at the discretion of
SBICPSL.
(f) Should any payment instrument be subsequently dishonoured, a fee will be charged respect of a
dishonoured instrument. SBICPSL also reserves the right to initiate all appropriate legal action(s).
Please refer to MITC for the exact fees for cheque dishonour fee and other related charges.
6.6 Duplicate monthly statements of account will be provided by SBICPSL to the Cardholder only for a
period of six months preceding the Cardholder’s request and would be subject to a service charge.
6.7 The Cardholder will be liable for all Charges incurred and all other obligations under the terms and
conditions of this Cardholder Agreement until the Card Account is repaid in full.
6.8 “SBI Cards may, at its sole discretion and in accordance to its internal policy and procedures or on
request from the Card Holder may waive / reverse interest, fees or other charges which had been
charged or levied by it to the Card Holder”
6.9 “Notwithstanding anything inconsistent contained in any other clause of the Cardholder Agreement/
Most Important Terms & Conditions (“MITC”), it is further stipulated that if the cardholder does not pay
the minimum amount due for a period of 180 days, then the credit card services being provided by SBI
Card under this Agreement shall stand terminated, however the Cardholder shall continue to be liable
for any unpaid sum as on the 180th day plus any finance charges / delayed payment interest that SBI
Card may, at its sole discretion and option and in accordance to its various internal policies and
procedures, levy for the period post 180 days after the payment due date.”
7. LOST OR STOLEN CARDS
7.1 In the event the Card, Card number or the PIN is lost, stolen or misused by another person, the
Cardholder must report the occurrence to SBICPSL. Although loss, theft or misuse may be reported by
any means, the Cardholder must confirm to SBICPSL in writing immediately after reporting the
loss/theft/misuse to the police. A copy of the police complaint/First Information Report (FIR) must
accompany the written confirmation.
7.2 If the Cardholder loses his/her Card overseas, he/she may either report the occurrence to SBICPSL or
report the loss through the Visa/RuPay Global Emergency Assistance Services. In case the Cardholder
uses the Visa/RuPay Global Emergency Assistance Services then the charges would be applicable as
provided in the cardholder guide.
7.3 SBICPSL is neither liable nor responsible for any transactions incurred on the card account prior to the
time of reporting of the loss of the card, and the card member will be wholly responsible and liable for
the same. However it is stipulated that after receipt of proper notification of the loss by SBICPSL by any
means preferably on call or in writing, the card member shall have no financial liability. Furthermore,
in addition to notifying SBICPSL about the loss or theft of the card, the card member must report any
thefts of cards to police and other investigating authorities and lodge a First Information Report (“FIR”).
7.4 The Cardholder will not be liable for transactions made on the Card after receipt by SBICPSL of the
written notice of the loss/theft/misuse.
7.5 On the loss of the Card, SBICPSL may at its sole discretion issue a replacement Card at a fee. In the
event the Cardholder subsequently recovers the Card, the recovered Card must not be used and must
be cut in half diagonally and returned immediately to SBICPSL and adequate care taken to prevent its
misuse.
7.6 The Cardholder is responsible for the security of the Card, Card number and the PIN and shall take all
steps towards ensuring the safekeeping thereof. In the event SBICPSL determines that the
 29
aforementioned steps are questionable (on account of the Cardholder’s negligence, malafides, etc.),
financial liability on account of the lost, stolen or misused Card/Card number/PIN shall be borne by the
Cardholder and could result in cancellation of the Card Account.
8. TERMINATION
8.1 The privileges of the Card may be suspended and the Card cancelled by SBICPSL, either temporarily or
permanently, at any time as provided in clause 3 hereinbefore in its absolute discretion and without
giving notice thereof to the Cardholder or assigning any reason therefore. SBICPSL may list the
cancelled Cards in a Cancellation Bulletin/Alert/Hot List, etc. that the Card(s) issued on the Card
Account have been cancelled. The Cardholder shall agree to surrender the Card to SBICPSL or its
representative, upon being requested to do so either by SBICPSL or its representative. The Cardholder
must not use the Card after it has expired or has been suspended or cancelled and shall continue to be
fully liable for the Charges incurred after its expiry/suspension/cancellation.
8.2 The Cardholder can close his/her Card Account at any time by terminating this Agreement by a written
notice to SBICPSL accompanied by the return of the Card cut in half diagonally and with full settlement
of all Outstanding on the Card Account.
8.3 Upon termination of this Cardholder Agreement for any reason whatsoever, whether at the instance of
the Cardholder or SBICPSL, the Cardholder shall remain liable for all Charges incurred by the use of the
Card and all amounts/Outstanding shall be due and immediately payable.
8.4 The Cardholder specifically acknowledges that once the Card Account is closed and privileges
(including any benefits and services) of the Card stand withdrawn, reinstatement of the same is neither
automatic, nor attendant and will take place solely at the discretion of SBICPSL. The Cardholder also
acknowledges that the aforementioned takes precedence over any communication in this context that
the Cardholder might receive during the normal course.
8.5. The Card Account is liable to be suspended/cancelled on instruction from any government/regulatory
body. All amounts Outstanding on the Card Account shall be deemed to have immediately become due
on such instructions from government/regulatory bodies as the case may be and SBICPSL shall be
entitle to recover the same in accordance with the relevant laws in force.
9. MISCELLANEOUS
9.1 SBICPSL, at its sole discretion, can appoint agents for recovery of any Outstanding on the Card or
initiate any other action allowed by law for recovery of all monies owing to SBICPSL.
9.2 The Cardholder shall be liable for all costs associated with the collection of dues, legal expenses and
decretal amounts with interest, should it become necessary to refer the matter to any agent or where
legal recourse for enforcement of payment has been taken.
9.3 The Cardholder expressly recognizes and accepts that SBICPSL shall be absolutely entitled to sell,
assign or transfer in any manner (including through the drawing of a negotiable instrument or
otherwise) in whole or in part and on such terms as SBICPSL may decide (including reserving a right to
SBICPSL to proceed against the Cardholder on behalf of any purchaser, assignee or transferee) the
Outstanding and dues of a Cardholder to any third party of SBICPSL’s choice without reference to or
without written intimation by SBICPSL to the Cardholder and any such sale, assignment or transfer shall
bind the Cardholder to accept such third party as a creditor exclusively or as a joint creditor with
SBICPSL, but with the right to SBICPSL to continue to exercise all powers hereunder on behalf of such
third party and to pay over such Outstanding and dues to such third party or to appropriate the same,
as SBICPSL may decide. Any costs incurred by SBICPSL towards enforcement of its rights and recovery
of Outstanding and dues shall be debited to the account of the Cardholder.
9.4 Where SBICPSL acts on good faith in response to any oral or electronic instruction or inquiry by the
Cardholder in respect of any matter in relation to the Card, the Cardholder will not be entitled to claim
 30
or allege any loss, damage, liability, expense etc., attributable, directly or indirectly, to any such good
faith action of SBICPSL and the Cardholder agrees to hold SBICPSL harmless in respect thereof.
9.5 The total Outstanding on the Card Account, together with the amount of any Charges effected but not
yet charged to the Card Account, will become immediately due and payable in full to SBICPSL on
bankruptcy or death of the Primary Cardholder and the Card Account shall immediately stand
cancelled.
The Primary Cardholder’s estate will be responsible for settling any Outstanding on the Card Account
and should keep SBICPSL indemnified against all costs including legal fees and expenses incurred in
recovering such Outstanding. Pending such repayment, SBICPSL will be entitled to continue to levy
finance charges at its prevailing rate.
9.6 The Cardholder hereby authorizes SBICPSL or its representatives to contact his/her employer, banker
or any other source to obtain and/ or verify any information or otherwise that may be required.
9.7 SBICPSL reserves the right to add to or change these terms and conditions and revise policies, benefits
and features offered on the Card at any time, without limitation to changes which affect existing
balances, finance charges or rates and methods of calculation. The Cardholder will be notified of any
such changes. By keeping or using the Card after notification, the Cardholder is deemed to have agreed
to the amendment/change. If the Cardholder does not agree with any amendment of the terms and
conditions or any other change related to the Card or benefit made available on the Card, he/she may
cancel the Card by cutting it in half diagonally and returning both halves to SBICPSL.
9.8 If required by law to do so or if considered necessary to do so for proper management of credit or
business risk, SBICPSL reserves the right to disclose any and all Cardholder information, including
default in any payments, to any court of competent jurisdiction, quasi judicial authority, law
enforcement agency, relevant wing of the Central Government or State Government, Cardholder’s
employer, State Bank of India, any other card issuer, credit reference agency, financial institution or
any company which is an affiliate or associate or parent or subsidiary of SBICPSL. The Cardholder
acknowledges that information on usage of credit facilities by customers are also exchanged amongst
banks and financial institutions which provide credit facilities and the Card may be cancelled on receipt
of any adverse market information in relation to the Cardholder without any liability on SBICPSL to
disclose any details thereof to the Cardholder.
9.9 The Cardholder authorises disclosure of his/her Card Account information by SBICPSL to any third
party engaged to provide any service in connection with operation of the Card Account and/or
marketing of various services.
The Cardholder agrees to SBICPSL sending, from time to time, marketing offers and/or promotional
mailers to him/her at his/her postal or e-mail address, unless he/she has specifically opted not to so
receive, in which event SBICPSL will be entitled reasonable time to stop sending such offers.
9.10 The Cardholder hereby agrees that the Card application and copies of all documents submitted in
support thereof and for the ongoing operation of the Card Account by the Cardholder to SBICPSL are
and shall remain the sole and exclusive property of SBICPSL, and SBICPSL shall not be obliged to return
the same to the Cardholder upon his/her request or upon termination of this Agreement.
9.11 In the event that the Cardholder delays or is unable to settle the Outstanding on the Card in terms of
this Agreement, SBICPSL is hereby authorised by the Cardholder to set-off and adjust any such
Outstanding against any amount that may be payable by SBICPSL, in any capacity, to the Cardholder on
any account whatsoever.
9.12 The Cardholder agrees that SBICPSL may send him/her reminders from time to time for settlement of
any Outstanding on his/her Card Account by post, fax, telephone, e-mail, cellular phone, SMS
messaging and/or engage third parties to remind, follow up and collect his/her Outstandings on the
Card Account.
 31
9.13 The Cardholder agrees to comply with all applicable laws and regulations from time to time which
govern or may be affected by the use of the Card.
9.14 The forbearance, delay or failure on the part of SBICPSL to exercise any right under this Agreement
shall not operate as waiver of such a right nor preclude any further exercise of that right.
9.15 Without in any way limiting the above, SBICPSL shall not be liable or responsible to the Cardholder for
any loss, damage, expense, claim or liability arising directly or indirectly out of:
(a) any defect or deficiency in any goods and services purchased on the Card or availed as a benefit,
privilege or facility attached to the Card;
(b) refusal by or inability of a Merchant Establishment to honour or accept the Card;
(c) non or malfunctioning of any Terminal Device, Website, Server Client machine;
(d) handing over of the Card by the Cardholder to any unauthorised person;
(e) any statement made by any person requesting return of the Card or any act performed by any
person in conjunction therewith;
(f) any injury to the credit, character and reputation of the Cardholder alleged to have been caused by
the repossession of the Card and/or request for its return;
(g) SBICPSL complying with any request made by the Additional Cardholder in relation to the Card
Account;
(h) the exercise of any right by SBICPSL seeking surrender the Card prior to the expiry of the date
mentioned on the face of the Card whether such demand and surrender is made and/or asked by
SBICPSL or any person or Terminal Device;
(I) exercise of SBICPSL’s right to terminate any Card;
(j) decline of any charge by SBICPSL because of the Cardholder exceeding his/her foreign exchange
entitlements or usage restrictions as prescribed by RBI guidelines issued from time to time; and
(k) if any demand or claim for settlement of Outstanding dues from the Cardholder is made by SBICPSL
or any other person for and on behalf of SBICPSL, the Cardholder acknowledges that such an act
shall not amount to an act of defamation or an act prejudicial to or reflecting upon the character of
the Cardholder in any manner.
9.16 The Cardholder is aware of all security risks, including possible third party interception of any of
his/her transactions and statements of account on the Internet and the contents of his/her transactions
or statements of account becoming known to third parties. The Cardholder agrees and undertakes that
he/she shall not hold SBICPSL liable therefore in any way. The use and storage of any information,
including without limitation, the Card number, PIN, password, account information, transaction activity,
account balances and any other information available on the Cardholder’s Internet access device or
computer is at his/her own risk and responsibility.
9.17 Any notice given by SBICPSL hereunder will be deemed to have been received by the Cardholder within
7 days of posting to the Cardholder’s address last notified in writing to SBICPSL or, where specifically
requested, within 24 hours of sending the same via e-mail at the e-mail address specified by him/her.
Any notice may also be sent by fax or communicated verbally and confirmed in writing by post or fax.
SBICPSL shall not be held accountable for delays in receipt of notices by post. In the event of any
change in the Cardholder’s e-mail and/or employment and/or office and/or residential address and/or
telephone numbers, the Cardholder shall inform SBICPSL promptly in writing or by e-mail and must
confirm the same by mail or fax.
9.18 The value proposition of the co-brand product may be funded jointly by SBI Card and the co-brand
partner basis the financial arrangement between both the parties. Accordingly, there may be fee and
revenue sharing between the two parties.
 32

10. GOVERNING LAW AND ARBITRATION

10.1 The Cardholder Agreement shall be governed by the laws of India and the courts of Delhi.
10.2 Any dispute, difference and/or claims arising out of in connection with or in relation to this Agreement,
shall be settled by arbitration in accordance with the provisions of the Arbitration and Conciliation Act,
1996 and any subsequent statutory amendment, if any, to the Act , by a sole arbitrator, whose
appointment shall be made at the instance and discretion of the SBICPSL. The arbitrator appointed
shall be competent to decide whether any matter or dispute or difference referred to the arbitrator falls
within the purview of arbitration as provided for in this clause and/or should be decided under the
Arbitration and Conciliation Act, 1996.
10.3 Any arbitration award granted shall be final and binding on the Parties. The venue and seat of the
Arbitral Tribunal shall be at New Delhi.
10.4 This Clause 10 shall survive termination of the Cardholder Agreement.
11. REWARD POINT PROGRAM
11.1 Reward Point Program
(a) SBI Card Rewards Program (“the Program”) allows eligible BPCL SBI Card OCTANE (“Cardhold-
er/s”) to accumulate points (“Points”) from spending on their BPCL SBI Card OCTANE, as deter-
mined by SBI Cards & Payment Services Limited (“SBICPSL”) from time to time.
11.2 Eligibility
a. The Program is open to holders of BPCL SBI Card OCTANE, whose accounts are valid and in good
standing and any other Card so determined by SBICPSL.
b . The Points earned by an Additional Cardholder will accrue to the account of the Primary
Cardholder.
11.3 Enrolment
a. Participation in the Program is voluntary.
b. The Cardholder may opt out of the Program by sending intimation (telephonic or written) to
SBICPSL.
c. The Cardholder may continue to use his/her BPCL SBI Card OCTANE as he/she normally does.
d. The Annual Fee for participation in the Program may be as determined by SBICPSL from time to
time.
e. Enrolment Date - shall mean the date of launch of the Program for the existing Cardholders and the
account set up date by SBICPSL for the new Cardholders.
f. Enrolment Year - shall mean “any twelve-month period” commencing on the Enrolment Date.
11.4 Points
(a) The Cardholder shall earn below mentioned points.
1.1 7.25% Value back - 25X Reward Points on fuel purchases. 25 Reward Points per `100 on BPCL Fuel
spends (Max. of 2500 Reward Points per statement cycle) & Fuel Surcharge waiver on BPCL Pumps
will be credited on the date of BPCL Fuel Trnx. Posting in SBI Card system as per the updated MID
list, which shall be reviewed on monthly basis. Surcharge waiver will not be applicable on fuel
spends done using UPI functionality on SBI Credit Card (on RuPay platform) at BPCL petrol pumps.
1.2 25X Reward Points on spends at Bharat Gas (Website & App only) for LPG cylinder bookings. 25
Reward Points on every `100 spent on Bharat Gas (Website and App only) is capped at 500
Reward Points per billing cycle.
2. 10X Reward Points on every `100 spent at Groceries, Departmental Stores, Movies & Dining.
3. Cumulative 10X Reward Points accrued per `100 spent on Groceries, Departmental Stores, Movies
 33
& Dining with your BPCL SBI Card OCTANE will have a maximum cap of 7,500 Reward Points per
month.
4. 1 Reward Point on all other retail spends, except fuel ( 1 RP = `0.25)
5. No Minimum Threshold. Fuel Surcharge Waiver applicable only on BPCL Fuel transactions upto
`4000/- for a max of `100/- per month.
6. Reward Points can be earned for a maximum spend of `10000/- per month
7. Flexible Instant Redemption Program – Get extra mileage with your points.
Redeem your reward points instantly for free fuel at select 1200 authorized BPCL retail outlets
across the country or through BPCL fuel vouchers. You can also redeem your reward points for
exclusive products in lifestyle, leisure, and travel categories across major brands at SBI Card’s
exclusive Reward Point Program -Shop n Smile.
4 Reward Point gives you `1 of free fuel. There is No minimum limit of Reward Points required for
Instant Redemption
b. For BPCL SBI Card OCTANE, all spending charged to the Card under the Program will be eligible to
earn Reward Points except the following:
- Fuel spends done using UPI functionality on SBI Credit Card (on RuPay platform) at BPCL petrol
pumps
- Balance transfers
- e-Wallet loading/recharge transactions identified under MCCs 6540 and 6541 (W.e.f. 1st July
2020). All identification of eligible & non-eligible transactions regarding rewards by SBICPSL are on
a best effort basis & may be subject to technical glitches.
- Financial charges (e.g., late payment fee, dishonored cheque charges, service fee, transaction
charges)
- Disputed transactions
- Cash advances
- Any purchases at petrol pumps/ service stations
- Flexipay w.e.f 20th November 2020
- Merchant EMI i.e. EMI’s availed at the time of purchase at Merchant establishment or websites,
w.e.f 20th November 2020 (Reward Points reversed for Flexipay/Merchant EMI will be credited
back to account only when the respective Flexipay/Merchant EMI has been successfully cancelled
by the cardholder. In the event of Foreclosure of Flexipay/Merchant EMI, no Reward Points will be
credited back in any scenario)
- Accelerated Reward Points under Departmental Stores (MCC 5311), Grocery Stores (MCC 5411)
for merchants - Metro Cash & Carry and Walmart, Dining (MCC 5812, MCC 5813, MCC 5814) and
Movies/Entertainment (MCC 7832, MCC7922). However, identification of eligible & non-eligible
transactions on these merchants for the purpose of Rewards shall be done by SBICPSL on a best
effort basis.
- W.e.f. 15 Apr 2024, accrual of Reward Points on Rent Payment transactions with BPCL SBI Card
Octane will be discontinued. Rent Payment transactions shall be identified under Merchant
Category Code (MCC) 6513, on best effort basis.
c. A Cardholder cannot accrue Points for any charge incurred prior to his/her Enrolment Date.
d. Points accumulated by a Cardholder on an BPCL SBI Card OCTANE cannot be combined or used in
conjunction with Points of his/her other BPCL SBI Card OCTANE at the time of redemption or
transferred to any other customer loyalty program unless otherwise notified by SBICPSL.
 34

e. The Points do not constitute property of the Cardholder and are not transferable by operation of
law or otherwise to any other person or entity.
f. The Points accrued do not have cash or any monetary value.
g. Adjustments will be made to the Points if there are any credits, including those arising from
returned goods or services or billing disputes. If a disputed transaction is resolved in favour of the
Cardholder or where a transaction is reversed, proportionate Points will also be reversed and
credited to the Cardholder. On redemption, the Points would automatically be subtracted from the
Points accumulated in the Cardholder’s account.
h. Points accumulated that are not redeemed by the Cardholder for rewards within 12 months of his
/ her Enrolment Date can be carried over for another Enrolment Year. Any Points not used by the
end of second such year after Enrolment shall lapse and be forfeited.
i. SBICPSL will notify the Primary Cardholder in the monthly statement of account in respect of the
BPCL SBI Card OCTANE of the number of Points accumulated immediately preceding the closing
date for the said monthly statement.
j. In the event the BPCL SBI Card OCTANE is voluntarily closed by the Cardholder, the Points
accumulated on his/her BPCL SBI Card OCTANE can be redeemed within 6 months of closure,
otherwise these will automatically lapse. In the event of cancellation of the BPCL SBI Card OCTANE
for any other reason, all the Points accumulated will stand forfeited. If the BPCL SBI Card OCTANE
is blocked or suspended by SBICPSL for any reason whatsoever, then the Points accumulated shall
stand forfeited but may be reinstated at the discretion of SBICPSL if use of BPCL SBI Card OCTANE
is reinstated.
k. SBICPSL’s decision on computation of Points will be final, conclusive and binding on the Cardholder.
11.5 Redemption
a. The BPCL SBI Card OCTANE must not be overdue, suspended, blocked, cancelled or terminated by
SBICPSL at the time of the redemption request.
b. The Points accrued can only be redeemed by the Primary Cardholder, and not by an Additional
Cardholder.
c. The Points may be redeemed against BPCL e-vouchers, usable against the BPCL merchandise or
instant PoS redemption at all BPCL outlets & Shop & Smile. The Points cannot be exchanged for
cash or credit or used to obtain cash advances, or used against payment for any charges incurred
on the BPCL SBI Card OCTANE. The Reward Point Program can be changed /modified without prior
notice.
d. The Cardholder will have to fill in a redemption request form and mail it to SBICPSL or call the
nearest SBI Card Customer Service Centre or log onto sbicard.com to redeem points for BPCL
e-vouchers. For instant PoS redemption cardholder needs to present his/ her card to the BPCL
outlet cashier and he can ask for 1) Reward Point balance, 2) Can pay in part or full towards his/
her bill of BPCL
(provided the Reward Points are sufficient to pay in full for the bill amount). Redemption
conversion will be 4 Reward Points for `1
e. SBICPSL will send through SMS on primiary cardholders registered mobile number the redemption
e-voucher in approximately six to eight weeks after receiving the redemption request from the
Cardholder.
f. SBICPSL is not liable for any delay or loss in delivery of the redemption e-vouchers or Reward
Points.
g. Redeemed Points are not exchangeable for other rewards, or refundable, replaceable, or
 35

transferable for cash or credit under any circumstances, nor can these be re-converted back to
Points. Once exchanged for another partner
Lorem ipsum loyalty program, if any, Points cannot be transferred

back.
h. All points are subject to availability and certain restrictions may apply. The redemption procedure
and the additional terms and conditions for each Reward Points are set forth in the redemption
certificates/e-vouchers issued to the Cardholder. To redeem Points log onto the SBI Card website:
www.sbicard.com
i. Any additional meals, transportation, accommodation arrangements, courier or other costs
incurred in connection with redemption of any reward will be the sole responsibility of the
Cardholder.
j. Other benefits on the BPCL SBI Card OCTANE which are activated by use of the BPCL SBI Card
OCTANE do not apply to goods or services received as rewards under the Program.
11.6 General
a. Fraud and abuse relating to earning and redemption of Points in the Program will result in
forfeiture of the Points as well as termination of the BPCL SBI Card OCTANE account.
b. Information supplied by a Cardholder on redemption of rewards may be used by SBICPSL or its
merchant establishments for administrative and/or marketing purposes.
c. Any taxes or other liabilities or charges payable to the Government or any other authority or body
or any other participating merchant establishment which may arise or accrue to a Cardholder by
redemption as aforesaid or otherwise as result of the Program shall be to the sole account of the
Cardholder.
d. SBICPSL reserves the right to cancel, change or substitute the rewards or reward conditions or the
computation of Points or terms and conditions of the Program at any time. SBICPSL can suspend
or terminate the Program at any time it deems necessary. In such a case, SBICPSL will intimate the
Cardholders and give them an option to redeem the accumulated Points.
e. SBICPSL makes no warranties or representations, either expressed or implied, with regard to the
type, quality or fitness of the goods and services provided by the participating merchant
establishments under the Program. Merchandise, where applicable, will be accompanied by
warranty information from the manufacturer and any claims must be directed solely to the
manufacturer.
f. Any dispute concerning goods or services received as rewards under the Program shall be settled
between the Cardholder and the participating merchant establishment which supplied the goods
or services. SBICPSL will bear no responsibility for resolving such disputes or for the dispute itself.
g. The Program does not in any way amend the Cardholder Agreement between SBICPSL and the
Cardholder, and any term referenced but not defined herein may be interpreted in accordance
with the Cardholder Agreement.
h. SBICPSL acts in good faith in response to any oral or electronic instruction or inquiry by the
Cardholder in respect of any matter in relation to this Program and fulfillment of any reward, the
Cardholder will not be entitled to claim or allege any loss, damage, liability, expense etc.
attributable, directly or indirectly, to any such good faith action of SBICPSL and the Cardholder
shall indemnify and hold SBICPSL harmless in respect thereof.
I. All queries in relation to the Program may be addressed to -
The Manager - Customer Services
SBI Cards & Payment Services Limited
P.O. Bag 28-GPO, New Delhi - 110 001
New Additional Card under Pre-approved Program (Get New Card) 36

1. SBICPSL, at its sole discretion, may provide an offer to selected customers for a pre-approved New
Additional Card (hereinafter referred to as New Card). Under this offer, an existing primary cardholder
can avail another segment of SBI Credit Card instantly, along with the existing SBI Credit Card, without
any additional documentation if no address change is requested. For cases where address change is
also requested by the Cardholder, the New Card application shall be processed only after the receipt
of the valid document/s for address proof within four (4) days of submitting the request. In case the
address change is not executed successfully, SBICPSL reserves the right to decline the request for New
Card so applied.
2. The Credit Limit of this New Card shall be as chosen by the Cardholder (as per his / her eligibility)
during the application process. For this purpose, the total Credit Limit of the Cardholder’s existing
credit card will be re-allocated between the New Card and the existing credit card by the Cardholder.
In case the cardholder has a Credit Limit Increase offer available, the same shall be necessarily availed
at the time of application being processed and the cardholder has to re-allocate the increased Credit
Limit. Subsequent to New Card issuance, Cardholder can manage the Credit Limit utilization on each
Card individually by accessing the “Manage Card Usage” section on SBI Card Website and SBI Card
App. The Credit Limit and Cash Limit of the New Card will be distributed in the same ratio as the Credit
Limit and the Cash Limit of the existing Card.
3. Post issuance of New card, any changes in the Credit Limit allocation between the existing Card and
the New Card can be done by the Cardholder by reaching out the SBI Card Helpline and placing a Limit
Transfer Request.
4. Auto debit and/or Auto sweep shall be activated, if mandated as per the policies of SBICPSL, through
an e-sign process using Aadhaar based OTP authentication during the application process of the New
Card on SBI Card website or SBI Card App.
5. An Annual fee as shown at the time of application submission will be levied upon opening of the New
Card Account and will be billed in the first statement of account of the New Card.
6. The Primary Cardholder will be liable for all charges incurred on the Primary Credit Card and the New
Card/s issued.
7. The charge slip or a payment requisition or requisition or an electronic record resulting from or
generated by the use of the card will amount to an unconditional undertaking by the Cardholder to pay
SBICPSL the amount stated therein and the Cardholder agrees that a copy of the periodic billing
statement sent to the Cardholder by post or E-mail, at the E-mail ID provided by the Cardholder will be
final and conclusive evidence of Cardholder’s liability for the charges stated therein.
8. Cardholder authorizes sharing of any of his/her information for purposes such as marketing and
offering of various products and services of SBICPSL or any of the product(s) of its Group Companies,
subsidiaries, affiliates, associates of co-brand partner.
9. Cardholder also authorizes SBICPSL to send SMS alerts on marketing / account related information on
his/her registered mobile phone number. All documents submitted in support of the application shall
become the sole and absolute property of SBICPSL and shall be treated in accordance with all
applicable Laws and Rules established in India.
10. Cardholder is fully aware and understands the regulations governing the use of the card outside India
 37

and his/her obligations under the Foreign Exchange Management Act, 1999 and other applicable
guidelines issued by Reserve Bank of India(RBI) / applicable authority from time-to-time.
11. Cardholder undertakes that his/her and additional cardholder(s) use of the Card shall be in strict
compliance with Foreign Exchange Management Act, 1999 and other applicable Directions issued by
Reserve Bank of India , else the Card may be cancelled at the instance of RBI and / or SBICPSL in the
event the Primary Cardholder or the additional cardholder(s) are not in compliance with the usage
restriction, foreign exchange entitlements and other applicable regulations. Cardholder shall bring the
same to the notice of SBICPSL in writing forthwith. Cardholder accords the above consent
notwithstanding the issuance / non-issuance, maturity of the card(s) or its discontinuance by the
Cardholder.
12. Cardholder shall contact the SBI Credit Card Helpline in case of any doubts / clarifications.
13. Cardholder also gives specific consent to block and deactivate any of his/her credit cards and its
aligned accounts in all circumstances where at any instance the Cardholder commits default in timely
payments of outstanding on any of such credit cards issued by SBICPSL to the Cardholder.
14. Cardholder understands that he/she will be issued a New Card as per the selection made by him/her
at the time of application submission, to which the Cardholder hereby gives full and free consent to
SBICPSL and Cardholder further undertakes that subsequently he/she shall not raise any demure,
protest and/or contest with regard to any matter connected therewith. Cardholder confirms that
he/she has provided their consent for application submission and has fully understood all
accompanying terms and conditions of his/her SBI Credit Card.
15. In all events of payments not being paid by the due date, SBICPSL reserves the right to carry out follow
ups by means of personal visits, post, fax, telephone, E-mail, SMS and/or engaging third party to
remind, follow-up and collect due payments in any manner deemed fit by SBICPSL keeping the intent
in view.
16. Any notice given by SBICPSL hereunder will be deemed to have been received by the Cardholder
within 7 days of posting to the Cardholder's address last notified in writing to SBICPSL or, where
specifically requested, within 24 hours of sending the same via e-mail at the e-mail address specified
by him/her. Any notice may also be sent by fax or communicated verbally and confirmed in writing by
post or fax. SBICPSL shall not be held accountable for delays in receipt of notices by post. In the event
of any change in the Cardholder's E-mail and/or employment and/or office and/or residential address
and/or telephone numbers, the Cardholder shall inform SBICPSL promptly in writing or by E-mail and
must confirm the same by mail or fax.
17. This is without prejudice to other rights of SBICPSL to collect outstanding dues to be exercised in
accordance with law. The Primary Cardholder hereby confirms that he/she would be the beneficial
owner of the SBI Credit Card in accordance with existing RBI regulations. Cardholder hereby
undertakes to comply with all directives from SBICPSL in his/her capacity as the beneficial owner of
the SBI Credit Card, if and when such credit card is issued by SBICPSL to the Cardholder upon approval
of his/her SBI Credit Card application.
18. Cardholder agrees to have read and understood all SBICPSL policies regarding data privacy and
security procedures published on its web site www.sbicard.com and acknowledges all its content.
 38

19. Cardholder understands that 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 Cardholder may be required to deal with such
agents/third parties/service providers with respect to such product/services.
20. In case of any dispute, decision of SBICPSL shall be final and binding.
21. SBICPSL reserves the right to modify or change any or all of these terms and conditions at its sole
discretion without prior notice.
22. These terms & conditions shall be governed and interpreted as per the laws of India and any dispute
relating to these terms & conditions shall be subjected to exclusive jurisdiction of the courts of Delhi.

“New Additional Card” shall mean an additional primary credit card for an existing cardholder, who has become eligible for a
new segment of SBI Credit Card subject to meeting the requirements of SBI Card.
 39

Terms & Conditions

Usage of SBI Card on
Token Requestors
Terms & Conditions - Usage of SBI Card on Token Requestors 40

Applicable to Mobile Credit Card stored in the SBI Card App/Token Requestor mobile application of your
Eligible Device, for making following type of transactions, wherever applicable: (1) Tap to Pay NFC enabled
POS Transactions (2) Scan & Pay Bharat QR code based Payments at online & offline merchants (3) Payments
on services built within Token Requestor mobile application (4) Online Payments at several Online Merchants.
IMPORTANT – Before you store and use your Mobile Credit Card, please read these Terms and Conditions,
MITC and the Cardholder Agreement carefully. By storing and using your Mobile Credit Card, you will be
considered to have accepted these Terms and Conditions, MITC and the Cardholder Agreement and will be
bound by them. The terms used in these Terms and Conditions are defined at the end.
1. Terms and Conditions supplement Cardholder Agreement
(a) The Cardholder Agreement applies to your Mobile Credit Card as well. References in the Cardholder
Agreement to "Card" and "Card Transactions" include your Mobile Credit Card and your Mobile Credit
Card Transactions respectively.
(b) These Terms and Conditions supplement the MITC, Cardholder Agreement and, together, they govern
your Mobile Credit Card. If there is any inconsistency between the provisions of these Terms and
Conditions and the provisions of the Cardholder Agreement for usage of SBI Card on token
requestor/for the purpose of tokenisation, the provisions of these Terms and Conditions shall prevail.
2. Registering, storing and activating Mobile Credit Card
(a) You may store a digital version of your Credit Card (i.e. Mobile Credit Card) in the Token Requestor
for payment feature on your Eligible Device only if your SBI Credit Card is of a type and/or card
scheme designated by us from time to time and is in good standing.
(b) SBI Card allows the user to register for certain types of SBI Credit Cards on Token Requestor which
will be defined from time-to-time. All extant instructions of RBI on safety and security of card
transactions, including the mandate for Additional Factor of Authentication (AFA) shall be followed.
(c) You should follow the instructions of Token Requestor payment feature (including installation of the
latest operating system for your Eligible Device), and the registration and verification flow in order to
register and store the Mobile Credit Card in your Mobile Wallet.
(d) By registering a Mobile Credit Card on Token Requestor, you consent to us sending SMS message to
you for verification and activation purpose, if applicable, based on your registered mobile phone
number last recorded with us. If the phone number last recorded with us is not the phone number of
your Eligible Device, the SMS message will be sent to the phone number last recorded with us but not
to your Eligible Device. If we do not have record of your phone number, we cannot send SMS message
to you in which event you will need first update your correct phone number with SBI Card and then
follow the steps again to register, store and activate your mobile credit card.
e) Add on cards and corporate cards are not eligible for making mobile based contactless transactions.
SBI Card may allow use of these cards in future, with or without informing its customers.
f) The Cardholder authorizes SBI Card to receive Cardholder’s information (such as Billing Pin Code,
Device Details – ID, IP Address, Location, Wallet ID, etc.) from Token Requestor, if applicable, to
provide services in connection with operation of his/her card account.
*Note: Cardholders will have to switch on specific transaction level controls to make purchases.
However, registration requests for any token requestor/wallets will be allowed even if transaction
level controls are switched off at the time of making a registration request.
 41

3. Card holder’s responsibility

(a) Please take appropriate security measures including the following to avoid any risk which may arise
from or in connection with your mobile credit card. SBI Card is not liable for any such loss.
i. Safeguard your Eligible Device and Token Requestor and keep them under your personal control at
all times
ii. DO NOT allow anyone else to use or log on to your Eligible Device and Token Requestor
iii. DO NOT store anyone else’s fingerprint or biometric credentials in your Eligible Device for the
purpose of operation of mobile credit card.
iv. DO NOT choose obvious numbers as Device Passcode (such as date of birth, telephone number,
number with same digits or other that can be easily guessed or identified by shoulder surfing) or tell
anyone else your Device Passcode or write down or keep your Device Passcode close to your Eligible
Device
v. DO NOT install or launch SBI Card App in a smartphone or other device with any pirated, hacked,
fake or unauthorised application or where the software lockdown has been overridden (such as a
"jailbroken" or "rooted" smartphone or device)
vi. Change the Device Passcode regularly and use alphanumeric code for Device Passcode vii. Remove
the Mobile Credit Card from the SBI Card App upon termination of your Mobile Credit Card
(b) You are fully responsible for any disclosure of your SBI Credit Card Details, Device Passcode or other
security details relating to your Eligible Device, Token Requestor and Mobile Credit Card to any other
person, even if such disclosure is accidental or unauthorised. You are required to bear all risks and
consequences of your Token Requestor and Mobile Credit Card being used by unauthorised persons
or for unauthorised purposes.
(c) You have to use an Eligible Device of a type or model specified by Token Requestor from time to time
to register, store and use Mobile Credit Card in your Mobile Wallet. Token Requestor have the right to
vary the type or model or withdraw an existing type or model of Eligible Device at any time without
prior notice.
(d) You require Internet connection, compatible telecommunications equipment and mobile phone
service plan (if applicable) in order to register, store and use your Mobile Credit Card.
4. Card Account and credit limit
(a) SBI Credit Card in its plastic card form and in its digital version (i.e. Mobile Credit Card) constitute one
and the same Card and share the same Card Account.
(b) All Mobile Credit Card Transactions will be billed to card statement of the SBI Credit Card. There will
not be a separate statement for your Mobile Credit Card.
(c) Your SBI Credit Card in plastic card form and your Mobile Credit Card share the credit limit of the
same Card Account. There will not be a separate credit limit for your Mobile Credit Card.
5. Transaction Limits
(a) Cardholder can manage the following transaction limits for payment feature on Token Requestor using
‘Manage Payments’ section on SBI Card Website and SBI Card Mobile App for transactions like NFC,
Bharat QR, In-app, MST, etc.: (1) Daily count of tokenized transactions, (2) Per tokenized transaction
spend limit.
(b) Daily counter of tokenized transaction will be refreshed as per Indian Standard Time between
mid-night to early morning.
 42

(c) To use the Token Requestor you must turn on the POS usage on your SBI Credit Card using the
‘Manage Payments’ section on SBI Card Website and SBI Card Mobile App.
6. Mobile Credit Card Transactions, ATM Transactions & Cash Advance Details
(a) You may make Mobile Credit Card Transactions where Token Requestor’s payment feature is accepted
for payment. We will not be responsible if any retailer refuses to accept your Mobile Credit Card.
(b) You cannot use your Mobile Credit Card for cash withdrawals or cash advance at ATM or over the
counter. Your Mobile Credit Card may also be subject to certain transaction limits (for example,
payment amount) imposed by regulator, retailers or payment terminals.
(c) Your Mobile Wallet may not be accepted at all places where your SBI Credit Card is accepted.
7. Limitation of our liability
(a) The limitation of our liability for mobile credit card is governed by the Cardholder agreement, Most
Important terms and Conditions (MITC) document and SBI Card Grievance Redressal policy.
(b) We are not liable to refund you for any unauthorised transactions where you fail to take appropriate
security measures including those provided in Clause 3(a), Clause 7(a) and Clause 10.
(c) SBI Card shall not be liable in any manner for any loss caused to the customers for the actions,
omissions and negligence of a Token Requestor.
8. Loss, theft or misuse
Report promptly
(a) You must tell SBI Card straight away using the telephone numbers on the back of your SBI Credit Card,
on designated SBI Card helpline numbers if you notice or suspect any loss, theft, unauthorised
possession, control or use of your Mobile Credit Card or Eligible Device, or if you believe someone
else has used your Mobile Credit Card or Eligible Device, or has discovered the security details of your
Eligible Device, Token Requestor or Mobile Credit Card or the security of your SBI Credit Card, Mobile
Credit Card, Token Requestor or Eligible Device has been compromised in any other manner.
Your liability for unauthorised transactions shall be governed by SBI Card Grievance Redressal Policy
which covers liability of the customers in unauthorised credit card transactions.
However, please note that the limit DOES NOT APPLY (and you will be liable for the full amount) if:
i. You have knowingly (whether or not voluntarily) permitted any other person to use your SBI Card
App or Mobile Credit Card or Eligible Device; or
ii. You have acted fraudulently or with gross negligence in using or safeguarding your SBI Card App,
Mobile Credit Card or Eligible Device. Your failure to follow any of the security measures
recommended by us from time to time regarding the use or safekeeping of your Token Requestor,
Mobile Credit Card or Eligible Device may be treated as your gross negligence.
9. Fees and charges
(a) All applicable interest, fees and charges that apply to your SBI Credit Card will also apply to the Mobile
Credit Card.
(b) You will bear all fees, charges and expenses imposed by any mobile phone service provider,
telecommunications provider, retailer or for making transactions using your Mobile Wallet and the
Mobile Credit Card.
10. Termination of Mobile Credit Card
(a) You shall follow the instructions of the Token Requestor to remove your Mobile Credit Card from the
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Token Requestor payment feature should you wish to terminate the Mobile Credit Card. Termination
of the Mobile Credit Card will not terminate the SBI Credit Card in plastic card form unless you also
terminate it in accordance with the Cardholder Agreement.
(b) We have the rights to suspend, restrict or terminate your SBI Credit Card under the Cardholder
Agreement. These rights will be extended to your Mobile Credit Card. Your Mobile Credit Card will be
suspended, restricted or terminated at the same time if your SBI Credit Card is suspended, restricted
or terminated under the Cardholder Agreement.
(c) We will also have the right to suspend, restrict or terminate the use of a Mobile Credit Card if your
Mobile Wallet has been suspended, restricted or terminated by the Mobile Wallet Provider for any
reason, or if you have made a report to us under Clause 7(a).
(d) Upon termination of physical Credit Card whether by you or by us, you must remove the Mobile Credit
Card from your SBI Card App/Token Requestor App based on the instructions provided. You should
contact SBI Card if you have any question on how to remove the SBI Card App or the SBI Card App
from your Eligible Device.
(e) You are responsible for all Mobile Credit Card Transactions whether or not authorised by you unless
and until you have removed the Mobile Credit Card from your SBI Card App and Eligible Device upon
termination.
11. Variation of these T&Cs
We have the right to vary these Terms and Conditions from time to time with or without notice. You will be
bound by a variation unless your Mobile Credit Card is terminated by you and removed from the Token
Requestor/SBI Card app and Eligible Device in accordance with Clause 10 before the date on which that
variation takes effect.
12. Governing law, jurisdiction and version
(a) These Terms and Conditions are governed by and will be construed according to laws of India.
(b) You submit to the non-exclusive jurisdiction of the Delhi courts.
13. Questions/ complaints
If you have any questions or complaints about your SBI Credit Card, then please contact us at the telephone
number on the back of your Card, available on SBI Card Website.
Definitions
• Token Requestor or Mobile Wallet is a mobile software application which works on the tokenization
technology. It allows the Mobile Credit Card to be registered and stored to make payments using Eligible
Device in several ways such as (1) Tap to Pay NFC enabled POS Transactions (2) Scan & Pay Bharat QR
code based Payments at online & offline merchants (3) Payments on services built within Token Requestor
mobile application (4) Online Payments at several Online Merchants. Token Requestor may or may not
support all types of payment use cases as mention. Examples where SBI Card is live on Token Requestors
include Samsung Pay, SBI Card Mobile App, and Google Pay.
• Tokenization refers to replacement of actual card details with an unique alternate code called the “token”,
which shall be unique for a combination of card, token requestor and device.
• Card Account means the Card Account referred to in the Cardholder Agreement.
• Cardholder Agreement means the cardholder agreement governing the supply and use of SBI Credit
Card.
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• Device Passcode means the access passcode of your Eligible Device and SBI Card App.
• Eligible Device means such model of smartphone, tablet or other device (such as laptop, desktop, watch
etc.) with in which a Mobile Credit Card can be registered and stored, as designated by us from time to
time.
• Mobile Credit Card means a digital version of your SBI Credit Card which you store in the Token Requestor
on your Eligible Device.
• Mobile Credit Card Transaction means any transaction effected by using your Mobile Credit Card.
Know us better
By Phone - 24 HOURS
For more information, call 1860 180 1290/1860 500 1290 or 39 02 02
02 (prefix local STD code) Please keep your card handy.
By e-mail
Write to us at [email protected] for any queries on your card
account
By Letter
Write to us at SBICPSL, Post Bag No. 28, GPO,
New Delhi – 110001
By Web
Log onto sbicard.com

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