The State Bank of India provides various credit card insurance to its customers. These insurances are applicable on all their credit cards and can be activated by users easily. These insurances are effective when you lose your credit card or when your card gets stolen.
The various benefits of SBI Credit Card Insurance are mentioned below:
|Free call to block lost cards||In the event of your credit card getting lost, you can contact SBI's 24-hour helpline to block your credit card. They will contact all your card issuers and request them to cancel the cards you have reported missing.|
|Cash advance facility||SBI will provide an emergency cash advance of up to Rs.20,000 if your cash and cards are lost or stolen. However, these cash advances are only available within India. The emergency help is given without interest and must be paid back within 28 days.|
|Roadside assistance||Your Card Protection membership provides you with roadside help for your car or motorcycle, including vehicle towing, flat-tire assistance, battery starter, and fuel delivery, among other services. These services are accessible in over 400 cities across India, all of which are within 75 kilometers of the city center.|
You can contact customer care on 1800-419-4000 to know more about the SBI Credit Card Insurance plan.
The SBI Credit Card Insurance plan is valid for 1 year from the date of set-up.
Yes, you will be able to cancel your SBI Credit Card Insurance plan anytime you want.
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