SBI
SBI BPCL Octane Credit Card
This is an invite only card
Top Benefits
Get 7.25% Value Back on BPCL Fuel Purchases
equivalent to 25 reward points per ₹100 with a maximum of 2,500 reward points per billing cycle
Earn 6000 Bonus Points Worth ₹1,500
as welcome gift on payment of the annual fee
Best For
Fuel
Travel
The SBI BPCL Octane Credit Card is a co-branded fuel rewards card built around partnership with Bharat ...
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The SBI BPCL Octane Credit Card is a co-branded fuel rewards card built around partnership with Bharat ...
The SBI BPCL Octane Credit Card is a co-branded fuel rewards card built around partnership with Bharat Petroleum Corporation Limited (BPCL). Positioned as a premium fuel credit card, it targets households and professionals with high monthly fuel spends, offering one of the highest accelerated reward rates on fuel in the Indian market — approximately 6.25% effective value back at BPCL pumps.
The card carries a joining fee of ₹1,499 and an annual fee of ₹1,499 from the second year onwards. The annual fee is waived if you spend ₹2,00,000 or more in the previous card anniversary year. A welcome benefit of 6,000 bonus reward points worth ₹1,500 is credited within 30 days of joining fee payment, effectively reversing the first-year cost in full.
The signature earning feature is 25 reward points per ₹100 spent at BPCL outlets (including BPCL fuel, lubricants, and Bharat Gas via BPCL website or app). At 4 reward points = ₹1 redemption value, this translates to approximately 6.25% value back on fuel spends, which is one of the highest fuel reward rates available in India. The cap on this accelerated earning is 500 reward points per billing cycle, which works out to ₹2,000 of qualifying fuel spend per month at the accelerated rate.
Beyond fuel, the card offers 10 reward points per ₹100 on dining, grocery, departmental stores, and movies (combined monthly cap of 7,500 reward points), and 1 reward point per ₹100 on all other retail spends. It also includes 4 complimentary domestic airport lounge visits per year (1 per quarter), which is unusual at this fee point and adds meaningful travel value.
The card is available on both VISA and RuPay networks, with eligibility open to salaried applicants aged 21-60 and self-employed applicants aged 25-60.
View FAQ
Commonly Asked Questions
Q. Is the SBI BPCL Octane Card worth the ₹1,499 joining fee?
A. Yes, especially for households with monthly fuel spends of ₹4,000+ at BPCL outlets. The 6.25% fuel value back, 4 domestic lounge visits, and welcome bonus of 6,000 reward points (₹1,500) cover the joining fee within 3-4 months of regular use.
Q. What's the effective fuel reward rate?
A. Approximately 6.25% value back at BPCL outlets — 25 reward points per ₹100 spent, with each point worth ₹0.25 in redemption value.
Q. Are there lounge benefits on this card?
A. Yes. 4 complimentary domestic airport lounge visits per year, with a maximum of 1 visit per quarter.
Expert Review
The SBI BPCL Octane Credit Card is one of the most compelling fuel co-branded cards in the Indian market, but its appeal is sharply tied to one condition — your primary fuel station must be a BPCL outlet. For BPCL users, the proposition is hard to beat: 6.25% effective value back on fuel, 4 free domestic airport lounge visits per year, a 6,000-point welcome bonus that exceeds the joining fee, and free reward redemption.
The 10X rate on dining, grocery, departmental stores, and movies with the generous 7,500 RP monthly cap adds substantial value beyond fuel. For a household with ₹15,000-₹20,000 of monthly spend across these categories, the rewards alone can generate ₹500-₹700 in monthly redemption value.
The lounge access inclusion is the quiet hero. Most cards in the ₹1,500 fee range offer no lounge access or require quarterly spend thresholds. The SBI BPCL Octane gives 4 visits per year with no spend conditions, which alone delivers ₹2,000-₹4,000 of standalone value if you would otherwise pay for lounge access.
Where the card disappoints is in the BPCL-only restriction. For users with mixed fuel station usage (BPCL and HPCL or IOCL), only the BPCL portion earns rewards. If you cannot reliably refuel at BPCL stations, the fuel value back drops sharply.
The 500 RP per cycle cap on fuel earnings is another constraint. Households spending ₹4,000+ per month on BPCL fuel saturate the cap quickly, with excess spending earning the base 1X rate. For very high fuel-spend households, this caps the upside.
The exclusion list is long — utility bills, rent, insurance, education, government, and non-BPCL fuel are all out. This narrows the reward-earning window, but the accelerated rates on fuel and grocery/dining are strong enough to compensate.
Overall verdict: an excellent specialised card for BPCL-loyal fuel users with monthly fuel spends of ₹2,000+ and household grocery/dining spends of ₹15,000+. Skip if your fuel station preference is HPCL or IOCL, or if your monthly fuel spend is below ₹1,500.
Joining/Annual Fee
Joining Fees
₹1,769 ( ₹1499 + GST )
Annual Fees
₹1,769 ( ₹1499 + GST )
The SBI BPCL Octane Credit Card carries a one-time joining fee of ₹1,499 and an annual fee of ₹1,499 fr...
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The SBI BPCL Octane Credit Card carries a one-time joining fee of ₹1,499 and an annual fee of ₹1,499 fr...
The SBI BPCL Octane Credit Card carries a one-time joining fee of ₹1,499 and an annual fee of ₹1,499 from the second year onwards. The annual fee is waived if you spend ₹2,00,000 or more in the previous card anniversary year — roughly ₹17,000 per month. Given the card's focus on fuel and household spending, this target is realistic for active users.
The welcome benefit of 6,000 bonus reward points (worth ₹1,500) is credited within 30 days of joining fee payment. The welcome bonus exceeds the joining fee in redemption value, so the card effectively pays for itself in the first year as long as you redeem the bonus reward points.
The 6,000 reward points are credited as a single lump sum once the joining fee transaction posts. To redeem them at the full ₹0.25 value, use the BPCL e-voucher redemption option (the most efficient redemption for this card) or pay using reward points at select BPCL outlets.
GST at 18% is applied on both joining and annual fees, taking the post-tax fee to ₹1,768.82. The 6,000 reward points welcome bonus offsets the joining fee with some additional buffer.
View FAQ
Commonly Asked Questions
Q. Is the joining fee waived on this card?
A. The joining fee is not waived but is offset by the welcome bonus of 6,000 reward points (₹1,500), which exceeds the fee in redemption value.
Q. When is the welcome bonus credited?
A. Within 30 days of joining fee payment.
Q. How do I get the annual fee waived?
A. Spend ₹2,00,000 in the card anniversary year. The annual fee for the next cycle will be reversed by SBI Card.
Q. Can I redeem the welcome bonus at any BPCL pump?
A. You can redeem reward points as BPCL e-vouchers or use them at select BPCL outlets that support reward point payments.
Eligibility
Age
Criteria*
21-60 years
Salary
Criteria*
3LPA
Credit
Rating*
720+
New to credit
allowed
Yes
Existing Bank
Customer Allowed
Yes
The SBI BPCL Octane Credit Card has moderately strict eligibility aligned with SBI Card's positioning o...
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The SBI BPCL Octane Credit Card has moderately strict eligibility aligned with SBI Card's positioning o...
The SBI BPCL Octane Credit Card has moderately strict eligibility aligned with SBI Card's positioning of the card as a mid-tier fuel rewards product. Salaried applicants must be between 21 and 60 years of age, while self-employed applicants are accepted between 25 and 60 years of age.
The minimum income requirement is ₹3 LPA (₹20,000 per month) for salaried applicants. For self-employed individuals, the stated income requirement is ₹4.2 LPA, though BankKaro typically suggests a higher income of ₹5 LPA for better approval odds, since SBI Card runs stricter underwriting on premium card variants.
A minimum CRIF/CIBIL credit score of 720 is recommended for approval. Applicants with existing SBI cards, salary account holders at SBI Bank, or those with strong credit history typically see faster approvals. Self-employed applicants with consistent ITR filings and clean business banking activity have higher approval rates.
View FAQ
Commonly Asked Questions
Q. What's the minimum income for this card?
A. ₹3 LPA for salaried applicants and ₹4.2 LPA for self-employed applicants, though BankKaro suggests ₹5 LPA for self-employed applicants for better approval rates.
Q. Can I apply at age 22 as a self-employed person?
A. No. The self-employed minimum age is 25 years. Salaried applicants can apply from age 21.
Q. What if my CIBIL is 700?
A. The recommended minimum is 720. Approval at 700 is possible but uncertain. Wait a few months to build the score to 740+ for better odds.
Q. Are pre-approved offers available for existing SBI customers?
A. Yes. SBI Card frequently offers pre-approved BPCL Octane cards to existing SBI Card holders and SBI Bank salary account customers, often with faster processing.
All Card Benefits
- 25 reward points per ₹100 on Bharat Gas (capped at 500 points per billing cycle)
- 1 reward point per ₹100 on other retail spends
- 4 reward points = ₹1 redemption value
- Approx. 6.25% value back on fuel spends
The headline benefit of the SBI BPCL Octane Credit Card is the 25 reward points per ₹100 earned on BPCL...
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The headline benefit of the SBI BPCL Octane Credit Card is the 25 reward points per ₹100 earned on BPCL...
The headline benefit of the SBI BPCL Octane Credit Card is the 25 reward points per ₹100 earned on BPCL fuel, lubricants, and Bharat Gas (when booked through BPCL's website or app). At ₹0.25 per reward point, this translates to a 6.25% effective return on fuel — meaningfully higher than the typical 4-5% offered by competing fuel cards like the HDFC IndianOil or the IndianOil Citi card.
The accelerated earning is capped at 500 reward points per billing cycle, equivalent to ₹2,000 of fuel spend per month at the accelerated rate. For households with monthly fuel spends of ₹3,000-₹4,000, this cap is comfortably hit. For higher-spending households (₹6,000+ monthly), the spend above ₹2,000 earns the base 1X rate, which dilutes the effective rate.
A 1% fuel surcharge waiver applies at BPCL pumps across India, on transactions up to ₹4,000, with a maximum waiver of ₹100 per statement cycle. This is in addition to the reward earnings, and it covers the standard 1% fuel transaction surcharge that most acquiring banks levy.
The card also offers 10 reward points per ₹100 on dining, grocery, departmental stores, and movies. The monthly cap on this category combined is 7,500 reward points, which is generous and allows for up to ₹75,000 of qualifying spend per month at the accelerated rate.
On the travel side, the card includes 4 complimentary domestic airport lounge visits per year, with a maximum of 1 visit per calendar quarter. This is a meaningful inclusion at this fee level — most cards under ₹2,000 either offer no lounge access or require spend milestones.
The welcome bonus of 6,000 reward points (worth ₹1,500) is credited within 30 days of payment of the joining annual fee. This is one of the more generous welcome offers in the fuel card segment and exceeds the joining fee in redemption value.
The card includes complimentary fraud liability cover of ₹1,00,000, providing protection against unauthorised card usage in case of loss or theft. There are no insurance benefits beyond fraud protection.
View FAQ
Commonly Asked Questions
Q. Where does the 25X reward rate apply?
A. At BPCL fuel stations across India for fuel and lubricant purchases. Bharat Gas (cooking gas) bookings via the BPCL website or app also qualify.
Q. Is there a cap on monthly fuel rewards?
A. Yes. The 25X rate is capped at 500 reward points per billing cycle, equivalent to approximately ₹2,000 of monthly fuel spend at the accelerated rate.
Q. Does fuel spending at non-BPCL outlets earn rewards?
A. No. Non-BPCL fuel spends are on the exclusion list and do not earn any reward points. The 25X rate is exclusive to BPCL outlets.
Q. Can I use this card to pay LPG/Bharat Gas bills?
A. Yes, for Bharat Gas bookings made through the BPCL website or app, which qualify for the 25X reward rate.
Q. How does this card compare to HDFC IndianOil for fuel?
A. The SBI BPCL Octane offers a higher effective fuel value back (6.25% vs ~5% on HDFC IndianOil). However, it is tied to BPCL stations only — for IndianOil outlet users, HDFC IndianOil remains more relevant.
Q. Do I get lounge access automatically?
A. Yes. 4 complimentary domestic lounge visits per year (1 per quarter) are included without any spend milestone, unlike many newer SBI cards which require quarterly spend thresholds.
Q. Is there insurance coverage on this card?
A. Limited to complimentary fraud liability cover of ₹1,00,000 against unauthorised card use. No travel or accident insurance is included.
Milestone Benefits
Voucher Benefit(Worth ~ ₹2,000)
Spend ₹3,00,000 in 365 days
How to Redeem Rewards & Cashback?
Rewards Conversion Rate
1 reward point = ₹0.25
Redemption Options
You can redeem this through BPCL e-voucher or pay using reward points at select BPCL outlets
To check redemption catalogue
Reward points earned on the SBI BPCL Octane Credit Card can be redeemed via two primary routes — BPCL e...
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Reward points earned on the SBI BPCL Octane Credit Card can be redeemed via two primary routes — BPCL e...
Reward points earned on the SBI BPCL Octane Credit Card can be redeemed via two primary routes — BPCL e-vouchers (the most efficient option) and direct payment using reward points at select BPCL outlets. The redemption ratio is 4 reward points = ₹1, meaning 25 reward points earned per ₹100 spent at BPCL translates to ₹6.25 in redemption value.
BPCL e-voucher redemption is the cleanest option — you generate a voucher of the desired value through the SBI Card rewards portal, and the voucher can be used at any BPCL pump that accepts e-vouchers. The voucher is delivered to your registered email and SMS within a few days of redemption request.
Direct reward point payments are also available at BPCL outlets equipped to accept reward-based payments. This option is convenient for routine fuel refills but is limited by the number of BPCL outlets that support reward point redemption.
Reward points are typically credited to your card account within 48 hours of the transaction posting date. They are visible in your monthly statement and the SBI Card mobile app. No fee is charged for reward redemption on this card, which is unusual at this fee point — most SBI cards charge ₹99 + GST per redemption request.
View FAQ
Commonly Asked Questions
Q. What's the best way to redeem BPCL Octane reward points?
A. BPCL e-vouchers offer the cleanest redemption with the full 4 RP = ₹1 ratio. They can be used at any BPCL pump that accepts e-vouchers.
Q. Do reward points expire?
A. Yes. SBI Card reward points typically expire 2 years from the date of accumulation. Regular redemption is advisable to avoid lapses.
Q. Is there a redemption fee?
A. No. Reward redemption on this card is free of any handling charge, which is a notable advantage over most SBI cards.
Bank Exclusions
You will not earn points / cashback on spends in the following categories
For Points / Cashback Earnings
Rent Payment
Fuel (non-BPCL)
Insurance
EMI Transactions
Cash Withdrawals
Jewellery
School & Educational Services
Government Related Transactions
Wallet Transactions (Load Money)
Fees
GST Charges
All Reversals
Gambling
Tolls
Security Broker Services
Charity
Railways
Utility Bill Payments
Balance Transfer
Financial Charges
For Spends Waiver
Rent Payment
Fuel (non-BPCL)
Insurance
EMI Transactions
Cash Withdrawals
Jewellery
School & Educational Services
Government Related Transactions
Wallet Transactions (Load Money)
Fees
GST Charges
All Reversals
Gambling
Tolls
Security Broker Services
Charity
Railways
Utility Bill Payments
Balance Transfer
Financial Charges
The SBI BPCL Octane Credit Card has an extensive exclusion list. The full list of excluded categories i...
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The SBI BPCL Octane Credit Card has an extensive exclusion list. The full list of excluded categories i...
The SBI BPCL Octane Credit Card has an extensive exclusion list. The full list of excluded categories includes Rent Payment, Fuel (non-BPCL), Insurance, EMI Transactions, Cash Withdrawals, Jewellery, School and Educational Services, Government Related Transactions, Wallet Transactions (Load Money), Fees, GST Charges, All Reversals, Gambling, Tolls, Security Broker Services, Charity, Railways, Utility Bill Payments, Balance Transfer, and Financial Charges.
The most important exclusion is non-BPCL fuel — fuel purchases at HPCL, IndianOil, Reliance, or Shell outlets earn no rewards on this card. This is a strict differentiator from generic fuel cards. If your local fuel station is not BPCL, this card loses its core value proposition.
Utility bills, insurance, and education spends are also excluded — categories that account for a meaningful share of household monthly spending. Combined with the rent exclusion, this pushes a large portion of card-eligible spends outside the reward-earning window.
Railway transactions are excluded, which means IRCTC bookings made through the card do not earn reward points (though they do attract the IRCTC convenience fee).
View FAQ
Commonly Asked Questions
Q. Do I earn rewards on HPCL or IndianOil fuel?
A. No. Non-BPCL fuel is on the exclusion list. The card's value is concentrated on BPCL spends only.
Q. Are insurance premiums excluded?
A. Yes. Insurance payments earn no reward points on this card.
Q. Do utility bill payments earn rewards?
A. No. Utility bills are on the exclusion list. For utility bill rewards, consider the Axis ACE Credit Card.
Bank Fee Structure
| Structure | Details |
|---|---|
Forex Markups  3.5% forex markup is charged on transactions made in currencies other than INR. Applies to international POS payments and online purchases charged in foreign currency. | 3.50% |
APR Fees 3.5% monthly fee. Credit cards allow you for a interest free payment period of 20-55 days. However, if you fail to make payment for your statement in due time then bank starts charging interest. A simple way to avoid heavy interest rates over long time is to convert your large spends in EMIs. Normally bank charges 16% p.a interest on EMIs however if you fail to pay in time then annual interest can reach upto 42% | 3.50% |
ATM Withdrawl 2.5% of the withdrawn amount is charged on cash advances using the credit card (minimum ₹500, if applicable). | 2.50% |
Reward Redemption Fees No fee is charged when redeeming reward points on this card. | Not Applicable |
Link for all T&Cs | Click Here |
Railway Surcharge Surcharge on booking or cancelling railway tickets will be levied as prescribed by IRCTC or Indian Railways and may vary based on their applicable charges. | As prescribed by IRCTC / Indian Railways |
Rent Payment Fees 3.4% (GST+ ₹199 -Bank Processing Fee + Platform Charge) | 3.40% |
Check Payment Fees A fee of ₹100 is charged for payments made through cheque | ₹100 |
Cash Payment Fees Rs 250 + taxes will be charged for all payments done via Cash | ₹250 |
| Late Payment Fees | Amount Due |
|---|---|
| ₹0 - ₹500 | ₹0 |
| ₹501 - ₹1000 | ₹400 |
| ₹1001 - ₹10000 | ₹ 750 |
| ₹10000 - ₹25000 | ₹ 950 |
| ₹25001- ₹ 50000 | ₹ 1100 |
| ₹50000 and above | ₹1300 |
The SBI BPCL Octane Credit Card has a transparent fee structure aligned with SBI Card's standard schedu...
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The SBI BPCL Octane Credit Card has a transparent fee structure aligned with SBI Card's standard schedu...
The SBI BPCL Octane Credit Card has a transparent fee structure aligned with SBI Card's standard schedule for premium co-branded cards.
The joining fee is ₹1,499 and is charged at card issuance. It is offset by the welcome bonus of 6,000 reward points (₹1,500). The annual fee is ₹1,499 from the second year onwards, waived on annual spends of ₹2,00,000.
The APR (interest on revolving balances) is 3.6% per month, working out to approximately 43.2% per annum. For instance, an unpaid ₹10,000 balance carried for a full month attracts approximately ₹360 in interest. Pay the full statement balance within the 20-55 day interest-free credit period to avoid these charges.
Late payment fees follow a slab structure: ₹0 for outstanding up to ₹500, ₹500 for ₹501-₹5,000, ₹750 for ₹5,001-₹10,000, and ₹1,200 for balances above ₹10,000. A missed payment on a ₹15,000 outstanding will cost ₹1,200 in late fees plus continued monthly interest.
Forex markup is 3.5% on international transactions. A ₹50,000 international online transaction attracts ₹1,750 in forex charges (plus 18% GST on the markup). For a fuel-focused domestic card, this is standard.
ATM cash withdrawal fees are 2.5% of the withdrawn amount, with a minimum of ₹500 per transaction. Cash advances additionally attract finance charges from the day of withdrawal — there is no interest-free period for ATM withdrawals.
Rent payment fee is 1% of the transaction amount plus applicable GST and platform charges. A ₹25,000 monthly rent payment attracts ₹250 + GST in fees. Rent transactions are also excluded from reward earnings.
Railway booking and cancellation surcharges are as prescribed by IRCTC or Indian Railways and vary based on applicable charges at the time of booking. Cheque payment is free on this card (₹0 fee). Cash payment at SBI Card branches attracts a ₹100 fee per cash deposit. Reward redemption fees are not applicable on this card, which is a notable feature.
| Fee Type | Charge |
|---|---|
| Joining Fee | ₹1,499 |
| Annual Fee | ₹1,499 (waived on ₹2L spend) |
| APR (Monthly) | 3.6% per month (~43.2% per annum) |
| Late Payment | ₹0 to ₹1,200 (slab-based) |
| Forex Markup | 3.5% |
| ATM Withdrawal | 2.5% (minimum ₹500) |
| Rent Payment Fee | 1% |
| Railway Surcharge | As per IRCTC/Indian Railways |
| Cheque Payment | ₹0 (no fee) |
| Cash Payment at Branch | ₹100 per transaction |
| Reward Redemption Fee | Not Applicable |
View FAQ
Commonly Asked Questions
Q. What is the APR on this card?
A. 3.6% per month or approximately 43.2% per annum on revolving balances.
Q. Is there a forex transaction fee?
A. Yes. 3.5% forex markup is charged on transactions in foreign currencies, plus 18% GST on the markup.
Q. How much will a ₹10,000 ATM withdrawal cost?
A. ₹250 (2.5%) in withdrawal fees, plus daily interest from the day of withdrawal.
Q. Is there a fee for redeeming reward points?
A. No. Reward redemption on this card is free.
Q. What is the rent payment fee?
A. 1% of the rent transaction, plus GST and platform fees on services like CRED or NoBroker.
Q. What is the late payment penalty for a ₹15,000 outstanding?
A. ₹1,200 in late fees, plus continued monthly interest on the unpaid balance.
Documents Required
SBI Card requires a standard set of KYC, identity, address, and income proof documents. Salaried applicants submit PAN card, Aadhaar (covering identity and address proof), latest 2-3 salary slips, and 3 months of bank statements of the salary credit account.
Self-employed applicants submit PAN, Aadhaar, business proof (GST certificate, partnership deed, or business registration certificate), the last 2 years of Income Tax Returns with computation, and 6 months of bank statements of the primary business account.
Existing SBI Card customers with a clean repayment history may have simplified document requirements, particularly under pre-approved offers. New-to-credit applicants (no existing credit history) may need to submit additional employment verification.
View FAQ
Commonly Asked Questions
Q. Can I submit Form 16 as income proof?
A. Yes. Salaried applicants can submit Form 16 instead of salary slips, particularly useful if you have recently changed jobs.
Q. Is PAN mandatory?
A. Yes. PAN is non-substitutable and must be submitted as part of the application.
Q. Are physical documents required?
A. No. The application is fully digital with document upload via BankKaro or the SBI Card portal.
Who Should Get This Card?
The SBI BPCL Octane Credit Card is a clear fit for households whose primary fuel station is BPCL and whose monthly fuel spend is in the ₹2,000-₹4,000 range. At this spend volume, the 6.25% effective fuel reward rate combined with the 4 free domestic lounge visits delivers value comfortably exceeding the ₹1,499 annual fee.
The card also makes sense for occasional travellers who want airport lounge access without paying for a premium travel card. The 4 lounge visits per year (1 per quarter) cover the typical needs of 2-3 weekend trips a year or short business travel.
Users with high monthly grocery and dining spends (₹15,000+ per month combined) will also benefit from the 10X rewards on departmental stores, grocery, dining, and movies, with the generous 7,500 RP monthly cap. This category alone can generate 1,000+ reward points per month for active users.
Who should pass: users whose primary fuel station is HPCL, IndianOil, or Reliance (those should consider the HDFC IndianOil or IndianOil Citi cards instead), households with low monthly fuel spends (below ₹1,500), and users who do not value airport lounge access. For these users, lower-fee cards like the SBI BPCL or SBI Cashback offer better cost-to-benefit ratios.
Credit Limit and What to Expect
The initial credit limit on the SBI BPCL Octane Credit Card is set by SBI Card based on declared income, credit score, existing relationships, and internal underwriting. For applicants with ₹3-5 LPA income, the typical starting limit ranges from ₹50,000 to ₹1,50,000. Higher-income applicants (₹8 LPA+) may see initial limits in the ₹2,00,000 to ₹3,50,000 range.
Existing SBI Card customers with a clean repayment history may see a higher starting limit on the BPCL Octane, particularly if their current credit limit on other SBI cards already crosses ₹3 lakh. Cross-utilisation policies allow SBI Card to set initial limits in line with overall SBI Card exposure.
Credit limit reviews happen periodically (every 6-12 months). Enhancements happen through automatic upgrades for high-performing cardholders or through customer-initiated requests with updated income proof. The SBI Card mobile app allows submission of limit enhancement requests directly.
View FAQ
Commonly Asked Questions
Q. What's the typical starting credit limit on this card?
A. Between ₹50,000 and ₹3,50,000 depending on income, credit score, and existing SBI Card relationship.
Q. Can I request a higher limit later?
A. Yes. After 6-12 months of consistent usage, you can request a limit enhancement through the SBI Card app with updated income proof.
Q. Will my limit increase automatically?
A. SBI Card does grant automatic limit enhancements based on internal scoring. This is not guaranteed but happens for cardholders with high utilisation and timely repayments.
How to Apply?
The SBI BPCL Octane Credit Card can be applied for through the BankKaro portal in a fully online process. The application is digital and takes around 5-10 minutes to complete. Basic details — name, mobile, PAN, employment type, monthly income — are entered first, followed by an eligibility check.
If eligible, you proceed to KYC document upload. Salaried applicants upload PAN, Aadhaar, latest salary slip, and bank statement. Self-employed applicants upload PAN, Aadhaar, ITR for the last 2 years, and 6 months of business bank statements.
SBI Card typically processes the application within 7-15 working days. The processing time is on the longer side for premium SBI cards versus entry-level ones. The card is dispatched to the registered address along with the PIN mailer, and activation happens online via the SBI Card mobile app or website.
View FAQ
Commonly Asked Questions
Q. How long does the SBI BPCL Octane application take?
A. Typically 7-15 working days for approval and card delivery. Existing SBI customers see faster turnaround.
Q. Can I apply online?
A. Yes. The full application is online via BankKaro or the SBI Card website. Branch visits are generally not required.
Q. Can I track the application status?
A. Yes. SBI Card provides a reference number on submission, which you can use to track status on the SBI Card website.
That’s the full story of this credit card
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Top Benefits
Top Benefits
Get 7.25% Value Back on BPCL Fuel Purchases
equivalent to 25 reward points per ₹100 with a maximum of 2,500 reward points per billing cycle
Earn 6000 Bonus Points Worth ₹1,500
as welcome gift on payment of the annual fee
Company
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