Pune: Bank of Maharashtra, in collaboration with SBI Card, has launched the Bank of Maharashtra SBI Card on August 19, 2025. The new co-branded credit card is designed to deliver a rewarding shopping and lifestyle experience to customers across diverse segments.
Three Premium Variants Introduced
The co-branded card has been rolled out in three variants—Bank of Maharashtra SBI Card ELITE, Bank of Maharashtra SBI Card PRIME, and Bank of Maharashtra SimplySAVE SBI Card. Each variant caters to distinct customer needs, offering exclusive privileges and seamless payment solutions.
Enhancing Value and Convenience
The partnership combines the nationwide reach and trust of Bank of Maharashtra with the digital-first expertise of SBI Card. The offering provides benefits like accelerated reward points, fuel surcharge waivers, utility bill payment options, discounts on dining, travel, and shopping, along with contactless payment capabilities.
Nidhu Saxena, Managing Director & CEO of Bank of Maharashtra, said, “This strategic partnership with SBI Card is in line with our digital and customer-centric transformation journey. The Bank of Maharashtra SBI Card will allow our customers to access a world-class credit card platform backed by the strong brand equity of both organizations.”
SBI Card’s Customer-Centric Approach
Ms. Salila Pande, MD & CEO of SBI Card, stated, “Driven by customer-centricity, we are constantly exploring strategic collaborations that enhance value for customers and strengthen our portfolio. Launch of the Bank of Maharashtra SBI Card in partnership with Bank of Maharashtra is one more step in this direction.”
The new card will be available on both RuPay and VISA platforms and will be accepted globally across millions of merchant outlets. Customers can apply for the card through Bank of Maharashtra branches.
Also Read: Leadership Shift: Krishna Kant Bishnoi Named New CRO of SBI Card – Know More About Him
Driving Financial Inclusion and Digital Payments
This collaboration marks a significant milestone in India’s financial ecosystem by leveraging the strengths of a leading public sector bank and the country’s largest pure-play credit card issuer. Together, they aim to promote financial inclusion and accelerate digital payment adoption.
About Bank of Maharashtra
Bank of Maharashtra, headquartered in Pune, is one of India’s leading public sector banks with an extensive branch network across the country. The bank plays a crucial role in delivering inclusive banking services and driving digital transformation.
About SBI Card
SBI Cards and Payment Services Ltd. (SBI Card), headquartered in Gurgaon, is India’s second-largest credit card issuer. With a wide range of credit cards and strong digital capabilities, SBI Card focuses on providing secure, rewarding, and customer-centric financial solutions.
Also Read: Bank of Maharashtra Partners with SBI Card to Launch Co-Branded Credit Cards
