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 Platinum Card

आईआरसीटीसी एसबीआई प्लेटिनम कार्ड

Popular train travel credit card offering up to 10% value back on IRCTC AC tickets, 4 railway lounge visits, and 1% booking charge waiver for ₹500 fee.

Annual Fee₹500 + GST (Renewal: ₹500 + GST)

Reward RateUp to 10% value back as Reward Points on AC1, AC2, AC3, and CC train ticket bookings made via irctc.co.in or IRCTC app. 1 Reward Point per ₹125 on non-fuel retail spends.

Airport Lounge4 complimentary Executive Railway Lounge visits per year (max 1 visit per quarter).

Forex Markup3.50% + GST.

What Is This Card

IRCTC SBI Platinum Card is India's most widely held railway credit card, offering budget-conscious families, government employees, and regular train passengers 10% value back on AC ticket bookings for a nominal annual fee of ₹500.

Key Benefits (Official MITC Sourced)

💳Annual Fee & Joining Fee

₹500 + GST (Renewal: ₹500 + GST)

Fee Waiver: No direct spend waiver; compensated with 500 bonus Reward Points (worth ₹500) credited upon payment of renewal fee.

🎁Welcome Benefit

350 bonus Reward Points (worth ₹350) upon transaction of ₹500 or more within 45 days of card issuance.

⚡Reward Points Structure

Up to 10% value back as Reward Points on AC1, AC2, AC3, and CC train ticket bookings made via irctc.co.in or IRCTC app. 1 Reward Point per ₹125 on non-fuel retail spends.

Redemption Value: 1 Reward Point = ₹1.00 when redeemed for train tickets on irctc.co.in.

🛫Airport & Railway Lounge Access

4 complimentary Executive Railway Lounge visits per year (max 1 visit per quarter).

🛡️Insurance & Fuel Surcharge Waiver

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

Fuel Surcharge: 1% fuel surcharge waiver for transactions between ₹500 and ₹4,000 at all petrol pumps in India (maximum ₹100 per statement cycle) + 1% IRCTC transaction charge waiver.

🎯Milestone Spends & Grace Period

Milestones: 500 bonus Reward Points credited annually on paying the annual renewal fee.

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 train tickets. Sleeper and second-class bookings earn only base rewards. Executive railway lounge access is limited to 1 visit per quarter.

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, and government transactions.

Eligibility Criteria

Salaried and self-employed individuals aged 21 to 70 years.

Age Requirement21 to 70 Years

Minimum Income₹2,40,000 per annum (Salaried) / ₹3,60,000 per annum (Self-Employed ITR)

CIBIL Score NoteRecommended CIBIL score of 700+.

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 Platinum Card.

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 with standard physical KYC documents.

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

Documents Required

1. PAN Card

2. Aadhaar Card

3. Recent salary slip or ITR copy.

Frequently Asked Questions (Official MITC)

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

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 Platinum Card 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 Platinum Card?

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. Please note: Reward points expire 3 years from the date of accrual.

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

The interest-free period on IRCTC SBI Platinum Card 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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