SBI Card: This change will be implemented in two phases. In the first phase, from July 15, 2025, this facility will be discontinued on SBI-branded cards (such as SBI Card ELITE and SBI Card PRIME). In the second phase, from August 11, 2025, this benefit will be removed from many co-branded cards (which have been issued in collaboration with public and private banks).
SBI Card: If you are a credit card user of SBI, then this news is important for you. SBI Card has decided to discontinue the free air accident insurance benefit available on many of its credit cards. Earlier under this facility, cardholders used to get a cover of Rs 50 lakh to Rs 1 crore. But now this facility is being phased out.
When will the change be implemented?
This change will be implemented in two phases. In the first phase, this facility will be discontinued on SBI branded cards (such as SBI Card ELITE and SBI Card PRIME) from July 15, 2025. And in the second phase, this benefit will be removed from many co-branded cards (which have been issued in collaboration with public and private banks) from August 11, 2025.
From which cards will air accident insurance be removed?
SBI Card ELITE — ₹1 crore cover discontinued
SBI Card Miles ELITE — ₹1 crore cover discontinued
SBI Card Miles PRIME — ₹1 crore cover discontinued
SBI Card PRIME — ₹50 lakh cover discontinued
SBI Card Pulse — ₹50 lakh cover discontinued
Co-branded cards (from 11 August 2025): ₹1 crore cover discontinued
- UCO Bank SBI Card ELITE
- Central Bank of India SBI Card ELITE
- Punjab & Sind Bank SBI Card ELITE
- Karur Vysya Bank SBI Card ELITE
- Karur Vysya Bank SBI Signature Credit Card
- Allahabad Bank SBI Card ELITE
₹50 lakh cover discontinued:
- UCO Bank SBI Card PRIME
- Central Bank of India SBI Card PRIME
- Punjab & Sind Bank SBI Card PRIME
- Karur Vysya Bank SBI Card PRIME
- Karur Vysya Bank SBI Platinum Credit Card
- South Indian Bank SBI Card PRIME
- South Indian Bank SBI Platinum Credit Card
- Karnataka Bank SBI Card PRIME
- Karnataka Bank SBI Platinum Credit Card
- City Union Bank SBI Card PRIME
- Allahabad Bank SBI Card PRIME
- Union Bank of India SBI Platinum Credit Card
- Oriental Bank of Commerce SBI VISA Platinum Credit Card
- Federal Bank SBI Platinum Credit Card
- Bank of Maharashtra SBI Platinum Credit Card
Disclaimer: India Employment News does not give any suggestion for any purchase or sale related to the stock market. We publish market-related analyses quoting market experts and brokerage companies. But take market-related decisions only after consulting certified experts.
You may also like
'And that's why Putin's the boss': Trump rebukes former Russian President Medvedev; warns against treating 'N word casually'
RG Kar rape & murder case: Victim's parents approach Calcutta HC for fast-track hearing, ask to see crime scene
RPL Season 1: Hyderabad Heroes Return To Top Of Points Table; Delhi Redz Win
Thane Tragedy: 67-Year-Old Woman Injured After Dilapidated Wall Collapses In Bhiwandi, Civic Apathy Blamed
Manchester fire LIVE: Huge smoke cloud seen for miles as blaze covers train tracks