LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » India News

Mumbai Metro launches smart cards - From benefits to other details, all you need to know

Each of these banks has various benefits to offer the users, which includes cashback and loyalty points. 

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Mumbai Metro launches smart cards - From benefits to other details, all you need to know
SBI offers reward points of 2000, on purchases made over Rs 2000 within the first 60 days. Photo: SBI Official Website
Written By: ZeeBiz WebTeam
Updated: Tue, Apr 02, 2019
08:24 pm
Mumbai, ZeeBiz WebDesk
RELATED NEWS
Good news, Mumbaikars! These Metro trains can move 3000 people on a single trip Good news, Mumbaikars! These Metro trains can move 3000 people on a single trip
Mumbai Metro Line 3: Mock-up trainset unveiled - Here is how it looks | See pics Mumbai Metro Line 3: Mock-up trainset unveiled - Here is how it looks | See pics
Mumbai Metro recruitment 2019: MMRDA invites applications for 1,053 job posts; check details Mumbai Metro recruitment 2019: MMRDA invites applications for 1,053 job posts; check details
 Unprecedented and historic! A look at Modi 2.0's 100-day performance Unprecedented and historic! A look at Modi 2.0's 100-day performance
BIG Mumbai Metro GIFT! PM Narendra Modi launches over Rs 20k cr projects - Check infra projects details BIG Mumbai Metro GIFT! PM Narendra Modi launches over Rs 20k cr projects - Check infra projects details

Mumbai Metro Smart Cards: Are you among the regular commuters of the Mumbai Metro? Then you have a reason to rejoice as your metro card has been updated and can now be used as a hybrid between being a metro card as well as a debit and credit card. The Mumbai Metro, run by Reliance has partnered with several private and public banks that offer their regular commuters with the Mumbai Metro smart card which incorporates dual purposes. Each of these banks has various benefits to offer the users, which includes cashback and loyalty points. Among the banks that have collaborated with Reliance Mumbai Metro are State Bank of India, Federal Banks and ICICI bank.

State Bank of India 

SBI Metro smart card can be used for both the metro as well as purchases made at various retail stores, at an annual fee of Rs 499. SBI card has a preloaded value of Rs 50. An individual can then recharge according to their needs. Moreover, SBI offers reward points of 2000, on purchases made over Rs 2000 within the first 60 days. 
There is an automated top-up system available when the card balance reaches Rs 50. Further, one can avail 10 reward points per Rs 100 spent on auto top up. 
SBI also gives its users the benefits of 10 reward points per Rs 100 spent on dining, movies, grocery and departmental stores whereas 1 reward points in other categories. 1% Fuel Surcharge Waiver across all petrol pumps, with a transaction between Rs 500 to Rs 3,000. 

Federal Bank

In collaboration with TMW Fintech, Federal Bank has launched two in one metro smart cards for commuters of the Mumbai Metro. A payment of Rs 50 is to be made to avail the card. Out of which, Rs 30 will be credited into the smart card. The card can be utilized as both trip pass or store value card, according to the consumer's requirement. A minimum of Rs 100 and a maximum of Rs 3000 can be stored in the smart card. Moreover, this card can also be used in various retail stores. 

ICICI Bank

ICICI offers a variety of smart metro cards, both debit and credit variants. The debit variants also include the coral and platinum versions,  the latter offering auto recharge when the card balance falls to Rs 50, 20% discount on travel in the Mumbai metro and redeemable rewards.
In the case of its credit card, ICICI bank gives the commuters the benefit of auto recharge, 12.5% discount on travel and 4 payback points every auto recharge. 

To get the SBI or the ICICI Metro smart cards, one needs to approach the respective banks. On the other hand, one can easily get the Federal Bank's Metro Smart card at their nearest metro station.

 

(By Ruchika Goswamy)
 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Mumbai MetroSBIICICI BankFederal BankMetro Card
RELATED NEWS
Good news, Mumbaikars! These Metro trains can move 3000 people on a single trip Good news, Mumbaikars! These Metro trains can move 3000 people on a single trip
Mumbai Metro Line 3: Mock-up trainset unveiled - Here is how it looks | See pics Mumbai Metro Line 3: Mock-up trainset unveiled - Here is how it looks | See pics
Mumbai Metro recruitment 2019: MMRDA invites applications for 1,053 job posts; check details Mumbai Metro recruitment 2019: MMRDA invites applications for 1,053 job posts; check details
 Unprecedented and historic! A look at Modi 2.0's 100-day performance Unprecedented and historic! A look at Modi 2.0's 100-day performance
BIG Mumbai Metro GIFT! PM Narendra Modi launches over Rs 20k cr projects - Check infra projects details BIG Mumbai Metro GIFT! PM Narendra Modi launches over Rs 20k cr projects - Check infra projects details

LATEST NEWS

Easy Trip Planners IPO date: Ventura Securities highlights details

PPF vs NPS Calculator: Here is what will turn you into a crorepati and much more - Money Tip EXPLAINED

Send best WhatsApp wishes, quotes, messages to your loved ones on International Women's Day 2021

PUBG Mobile 1.3 global update: Check expected release date, beta APK download link and more!

Stocks in Focus on March 8: Easy Trip planners IPO, Adani Ports, BEML to Religare; here are the 5 Newsmakers of the Day

Rakesh Jhunjhunwala stocks: This Big Bull-owned MULTIBAGGER has delivered more than 42 pct in less than two month

Anil Singhvi’s Strategy March 8: Strong Profit Booking Zone on Nifty is 15,200-15,245 & Bank Nifty is 36,400-36,600

Meghan tears into royal family in Oprah interview

NEET 2021 exam: Students don't miss to check the latest update on exam dates, eligibility criteria, registration process and all you need to know before appearing in the exam!

Easy Trip Planners IPO: Issue Details highlighted by ICICI Securities

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved