SBM ZETRUPAY Credit Card
SBM Bank
Last updated: Feb 03, 2026
₹0
₹0
Free
No lounge access
Contents
The SBM ZETRUPAY Credit Card is an FD-backed, lifetime-free RuPay card designed to help first-time credit users build credit history quickly. It links to popular UPI apps for easy payments, offers partner discounts and cashback on everyday spends, and gives interest on the underlying FD — making it suitable for beginners and those without prior credit history. No income proof or prior credit score is required, and the card aims to deliver simple rewards and credit-building benefits.
Features of SBM ZETRUPAY Credit Card which makes it unique
Credit Building
Designed for first-time credit users to build a credit score
Establish credit history with responsible usage
Easier approval than unsecured cards
Earn Interest on FD
Underlying FD continues to earn interest (bank rates apply)
Savings continue to grow while providing credit limit
Better than secured options that freeze funds without interest
Rewards Structure of SBM ZETRUPAY Credit Card
Dining
acceleratedelected partner apps (Swiggy, Zomato)
Shopping
baseSelected e-commerce apps (Myntra, Flipkart, Amazon)
Base
baseAll Spends
Milestones of SBM ZETRUPAY Credit Card
Monthly Activity Rewards
N/A : Periodic partner coupons based on monthly activity
Fees & Charges of SBM ZETRUPAY Credit Card
| Fee & Amount | Fee Value |
|---|---|
| Joining Fee | 0 |
| Annual Fee | 0 |
| Forex Markup Fee | 0 |
| Cash Advance Fee | 2.5% |
| Late Payment Fee | ₹500 |
| Over Limit Fee | ₹500 |
| Returned Payment Fee | ₹350 |
| Cash Withdrawal Fee | 2% |
Renewal Conditions:Lifetime free — no annual / renewal fee for primary card.
Fee Explanation This is an FD-backed RuPay card with no joining/annual fee; standard penalties apply for late/returned payments as per the bank's T&C.
Detailed Explanation of SBM ZETRUPAY Credit Card Fees
Joining / Annual Fee: 0 (one-time / yearly)
Lifetime free; no waiver required
Cash Advance Fee: 2.5% (transaction)
Minimum ₹300
Additional Features of SBM ZETRUPAY Credit Card
UPI Linkage
Card can be added to UPI apps for payments and instant use
Supported UPI apps only
FD Backing
Credit limit backed by fixed deposit with SBM Bank
FD held with SBM as per account opening
Welcome Bonus with SBM ZETRUPAY Credit Card
Welcome Bonus: ₹200 welcome cashback
Bonus Conditions: New customers only; first transaction within 30 days of card issuance.
Application Process for SBM ZETRUPAY Credit Card
Processing Time
Instant virtual card; physical card dispatched within 7–14 business days
Online Application
Available
Instant Approval
Available
Step-by-Step Process
Apply via the ZET app or SBM Bank online
Create the required FD with SBM Bank
Complete video KYC and upload ID documents
Receive a virtual card instantly; physical card dispatched as per bank timeline
Required Documents for SBM ZETRUPAY Credit Card
ID Proof
allAccepted documents:
Address Proof
allAccepted documents:
FD Proof
allAccepted documents:
SBM ZETRUPAY Credit Card Merchant Acceptance Network
Domestic Acceptance
Wide coverage across India via RuPay network
International Acceptance
Limited — depends on RuPay international variant (check card type)
Online Acceptance
Yes (where RuPay is accepted)
Payment Technologies
Mobile Wallet Support:
Excluded Merchants
Eligibility Criteria for SBM ZETRUPAY Credit Card
Quick Eligibility Check
Minimum Age
18+
Credit Score
0+
Citizenship
Indian only
Income Requirements
Salaried Applicants
₹0
Minimum annual income
Self-Employed Applicants
₹0
Minimum annual income
Who Can Apply
Important Conditions
- Requires an FD with SBM Bank (min. deposit ₹2,000–₹5,000 depending on variant), valid Aadhaar and PAN for KYC.
How Approval Is Decided
- FD created with SBM Bank (min deposit as per variant)
- Valid KYC (Aadhaar, PAN)
- Indian resident
Pros of SBM ZETRUPAY Credit Card
- No joining or annual fees — lifetime free
- Easy approval for users with no credit history
- Partner discounts and UPI convenience
Cons of SBM ZETRUPAY Credit Card
- Limited premium travel or lounge benefits
- Partner offers vary frequently (campaign based)
- Lower rewards on non-partner merchants
Frequently Asked Questions about SBM ZETRUPAY Credit Card
Is there a joining or annual fee?
No. SBM ZETRUPAY is a lifetime-free FD-backed RuPay credit card with no joining or annual fees.
Who is eligible to apply?
Indian residents who can open the required FD with SBM Bank; no prior credit score or income proof required for the FD-backed variant.
What is the minimum FD required?
FD amounts start as low as ₹2,000 for virtual/entry variants; some benefits (physical card) may require higher FD (₹5,000+). See bank T&C for exact bands.
Can I use this card with Google Pay / Phone Pay / Paytm?
Yes — the RuPay card is UPI-enabled and can be added to supported UPI apps (Google Pay, Phone Pay, Paytm, Apple Pay, Samsung Pay, Amazon Pay subject to app support).
Does the card give lounge access or travel perks?
No — this entrant card focuses on credit building and partner discounts; premium travel perks and lounge access are not part of the standard offering.
How does the FD backing work?
Your credit limit is backed by an SBM Bank fixed deposit. The FD continues to earn interest at prevailing bank FD rates while serving as security for the card.
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