INDEPENDENT PUBLIC DIRECTORY: Eligo does not issue credit cards, collect customer applications, or earn affiliate referral commissions. All terms, fees, and interest charges below are sourced directly from the official sbicard.com (SBI Cards and Payment Services Ltd.) Most Important Terms and Conditions (MITC).

🏛️State Bank of India (SBI Card)Network: Visa / RuPayTravel & Aviation CardsLast Verified: 2026-09-28

IRCTC SBI Card Premier

आईआरसीटीसी एसबीआई कार्ड प्रीमियर

Premier Indian Railways credit card delivering 10% value back on AC train tickets, 8 executive railway lounge visits, and 1:1 ticket redemption on IRCTC.

Annual Fee₹1,499 + GST (Renewal: ₹1,499 + GST)

Reward RateUp to 10% value back as Reward Points on AC1, AC2, AC3, and Executive Chair Car ticket bookings via irctc.co.in or IRCTC app. 3 Reward Points per ₹125 on Dining and Standing Instructions on Utility bills. 1 Reward Point per ₹125 on other retail.

Airport Lounge8 complimentary Executive Railway Lounge visits per year across major railway stations in India (max 2 visits per quarter).

Forex Markup3.50% + GST.

What Is This Card

IRCTC SBI Card Premier is India's flagship premier train travel credit card designed for government officials, executives, families, and frequent Indian Railways commuters. It provides 10% value back on AC train bookings, 8 executive railway station lounge visits, and 1:1 ticket redemption on IRCTC.

Key Benefits (Official MITC Sourced)

💳Annual Fee & Joining Fee

₹1,499 + GST (Renewal: ₹1,499 + GST)

Fee Waiver: Spend ₹2,00,000 or more in the preceding membership year to get the annual renewal fee of ₹1,499 reversed.

🎁Welcome Benefit

1,500 bonus Reward Points (worth ₹1,500 on IRCTC train ticket bookings) upon payment of the first annual fee.

⚡Reward Points Structure

Up to 10% value back as Reward Points on AC1, AC2, AC3, and Executive Chair Car ticket bookings via irctc.co.in or IRCTC app. 3 Reward Points per ₹125 on Dining and Standing Instructions on Utility bills. 1 Reward Point per ₹125 on other retail.

Redemption Value: 1 Reward Point = ₹1.00 when redeemed for train tickets on irctc.co.in (1:1 direct booking value).

🛫Airport & Railway Lounge Access

8 complimentary Executive Railway Lounge visits per year across major railway stations in India (max 2 visits per quarter).

🛡️Insurance & Fuel Surcharge Waiver

Insurance Cover: Complimentary Rail Accident Liability Cover of ₹10 Lakhs. Air Accident Liability Cover of ₹50 Lakhs.

Fuel Surcharge: 1% fuel surcharge waiver for transactions between ₹500 and ₹4,000 (maximum ₹100 per statement cycle) + 1% IRCTC transaction charge waiver on train bookings.

🎯Milestone Spends & Grace Period

Milestones: 2,500 bonus Reward Points on annual travel spends of ₹50,000; additional 5,000 bonus Reward Points on annual travel spends of ₹1,00,000. Annual fee waiver on ₹2 Lakh spend.

Interest-Free Period: 20 to 50 days.

What's Missing (Eligo's Honest Disclosures)

Fine-Print Exclusions & Realistic Costs

10% reward rate applies ONLY to AC ticket bookings on IRCTC website/app (Sleeper class and unreserved tickets do not earn 10%). Redemptions must be done through IRCTC loyalty portal. No airport lounge access.

Forex Markup Fee3.50% + GST.

Cash Advance Fee2.5% of transaction amount or ₹500 (whichever is higher) + 3.50% per month.

Finance Charges (Interest)Up to 3.50% per month (42.00% per annum).

Late Payment SlabsNil up to ₹500; ₹400 for ₹501–₹1,000; ₹750 for ₹1,001–₹10,000; ₹950 for ₹10,001–₹25,000; ₹1,100 for ₹25,001–₹50,000; ₹1,300 for above ₹50,000.

Reward Points ExpiryReward points expire 3 years from the date of accrual.

Categories Earning ZERO Rewards (Standard MITC Exclusion):Fuel transactions, wallet loads, rent payments, and government services.

Eligibility Criteria

Salaried corporate/govt employees and self-employed professionals aged 21 to 70 years.

Age Requirement21 to 70 Years

Minimum Income₹3,60,000 per annum (Salaried) / ₹4,80,000 per annum (Self-Employed ITR)

CIBIL Score NoteRecommended CIBIL score of 720+.

SBI RelationshipNot mandatory.

How to Apply (Official Procedure)

Online Digital Application Flow

1Visit sbicard.com/apply or open the YONO SBI app and select IRCTC SBI Card Premier.

2Select card and check instant eligibility (soft pull with zero impact on CIBIL credit score).

3Fill online application form with personal, residence, and occupational details (takes 5–10 minutes).

4Upload required KYC documents (Aadhaar, PAN, and latest salary slip/ITR proof).

5Complete digital verification via online Video KYC (or schedule branch verification for first-time applicants).

6Card dispatched within 5–7 working days via secure speed post; activate via SMS or SBI Card App.

Branch Application for Offline Applicants

Available at any SBI branch or IRCTC executive counters at major railway junctions.

Visit Official Card Page (sbicard.com)Download Official MITC (PDF)

Documents Required

1. PAN Card

2. Aadhaar Card

3. Last 3 months' salary slips or recent ITR copy.

Frequently Asked Questions (Official MITC)

What happens if I miss the minimum payment due on IRCTC SBI Card Premier?

If you do not pay at least the Minimum Amount Due (MAD) on or before the due date, late payment penalties will be charged according to the issuer's tariff: Nil up to ₹500; ₹400 for ₹501–₹1,000; ₹750 for ₹1,001–₹10,000; ₹950 for ₹10,001–₹25,000; ₹1,100 for ₹25,001–₹50,000; ₹1,300 for above ₹50,000.. In addition, revolving finance charges at Up to 3.50% per month (42.00% per annum). will be calculated from the original transaction dates on all outstanding balances and fresh purchases. You will lose the interest-free grace window, and the overdue record will be transmitted to credit bureaus (CIBIL, Experian, CRIF High Mark), adversely impacting your credit score.

Can I convert transactions on IRCTC SBI Card Premier into EMI?

Yes, State Bank of India (SBI Card) provides merchant EMI and post-purchase in-app EMI conversion options for eligible transactions (typically above ₹1,500 to ₹2,500). Cardholders can configure repayment schedules from 3 to 24 months via the bank's mobile application, net banking dashboard, or SMS prompt. Conversion is subject to a nominal one-time processing fee (usually 1% to 2% + 18% GST) and tenure-based interest charges.

How do I track and redeem reward points or cashback on IRCTC SBI Card Premier?

You can monitor accrued reward points or cashback by accessing your monthly e-statements or logging into State Bank of India (SBI Card)'s official mobile banking application or web portal. 1 Reward Point = ₹1.00 when redeemed for train tickets on irctc.co.in (1:1 direct booking value). Please note: Reward points expire 3 years from the date of accrual.

What is the interest-free grace period on IRCTC SBI Card Premier and how does it work?

The interest-free period on IRCTC SBI Card Premier is 20 to 50 days.. This benefit is applicable strictly when the full Total Amount Due from the previous billing cycle was cleared by the payment due date. If any residual balance is carried forward, all purchases immediately incur daily finance charges (Up to 3.50% per month (42.00% per annum).) with zero grace period. ATM cash withdrawals never receive a grace period and incur interest and cash advance fees from the withdrawal timestamp.

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