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SBM Visa Signature Debit Card - Free Domestic Lounge, golf access

lazyman

TF Buzz
Open SBM Bank Savings Account Online and get a SBM bank Visa Signature Debit Card. It is a zero balance account with no MAB and free debit card as well.

Benefits of the Card:
  • Domestic Lounge Access ( 3 times per quarter, all the visa supported lounges are eligible).
  • 2 International Lounge Access through LoungeKey(Currently, this benefit is not available as RBI restricted International remittances for SBM Bank Debit Cards, hence, international lounge access is not available, This will not work as international transactions won't work with debit card).
  • Free Golf (https://teepassindia.thriwe.com/):
    • 4 complimentary rounds of green fees per quarter
    • 12 complimentary golf lessons per calendar year Screenshot 2023-04-21 at 9.34.03 AM.png

How to Open Account Online:
  • Open https://www.sbmbank.co.in/# and in top right, Open Savings Account button.
  • Register and fill all the details, there will be Video KYC, after that your account will be opened.
  • Once you got the card, you need to set your card PIN and manage card usage(Enable Ecom, POS etc) through SBM Net Banking or SBM Mobile Banking(Because their ATM presence is very low and offline branches are very less)

I applied and got my card in 5 days.
 
I am facing a problem. I had niyo sbm and vested direct account. vested direct i never used, so I mailed vested with required docs and I got confirmation from Vested that a/c was closed. The account was even not showing up in UPI or netbanking.

Since yesterday the ghost of that account appeared in netbanking and UPI. I fail to understand how can an account which was closed successfully reappear. IT system of SBM is worst.
 
SBM is now having few branches across India. But when I looked up for IFSC codes, only 2-3 codes of mumbai is showing up. Maybe those who opened account through branch of different cities were also assigned IFSC of Mumbai. But is that allowed by RBI?
 
SBM is now having few branches across India. But when I looked up for IFSC codes, only 2-3 codes of mumbai is showing up. Maybe those who opened account through branch of different cities were also assigned IFSC of Mumbai. But is that allowed by RBI?
They said if you opened account online you will assigned to Mumbai branch..
 
They said if you opened account online you will assigned to Mumbai branch..
that's fine for online and same is practised by several banks. but I am surprised with the fact that there are no separate IFSC codes from branches of hyderabad, chennai, kolkata etc. How could they open branch and not get IFSC from RBI. No wonder why they are under RBI's wrath.
 
that's fine for online and same is practised by several banks. but I am surprised with the fact that there are no separate IFSC codes from branches of hyderabad, chennai, kolkata etc. How could they open branch and not get IFSC from RBI. No wonder why they are under RBI's wrath.
Wow i didn't knew that... 😳
 
How many days it takes to get the card?

Got cheque book yesterday and must say it looks premium. Best looking cheque book I ever saw.

Cheque and debit card should be sent together, it saves bank's cost and convenient for customers as well.
 
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