One of the Associate establishments of the State Bank of India, SBI Card, introduced a new credit card Elite.
SBI Card CEO Vijay Jasuja that the new credit card elite has been introduced keeping the special focus on the people with lots of properties.
With this card, one can order a whole range of services and items from the cinema tickets to luxury cars through a single telephone call.
The admission fee for the new card is Rs. 4999/-.The new card holders will be given prize vouchers worth Rs. 5000/-. These vouchers can be used for buying clothes, jewellery, and travel.
The SBI Card CEO explained tat with the introduction of Elite card, the credit card trade is expected to go up from 15 to 20 percent.Currently, there are 37.5 Lakh SBI card holders.