Amazing news for State Bank of India (SBI) account holders. Customers of can now enjoy cashback on payment of education fees through Paytm. The company – SBI Cards and Payment Services Limited (SBICPSL) which operates its credit card services under the brand ‘SBI Card’ is offering a cashback of 2.5 percent on a minimum spend of Rs 12500. The offer can be found on the company’s website and official Twitter handle.
“Offer alert! Pay education fees with your SBI credit card through Paytm and get 2.5% cashback on a minimum spend of Rs 12500. Offer valid on EMI transactions as well. Hurry!,” the tweet says.
Hurry up as the offer is limited and lasts till 31 May 2020. It was started on 2 May 2020.
2.5 percent cash back on Education Fee Payments at Paytm.
The minimum transaction amount is Rs 12500.
The maximum cashback is Rs 750 per card account.
Offer is applicable on EMI transactions also.
How to avail this offer:
Go to Paytm Mobile App or paytm.com
Click on ‘Fee Payment’ under ‘Pay Bills from the convenience of home’ section
Select the Location and Institute for which you want to pay a fee
Enter the relevant student details Proceed to make payment through SBI Credit Card
This scheme is valid for all SBI credit cards excluding corporate cards
This Marketing Program is offered by SBICPSL under an arrangement with One97 Communications Limited (Paytm). It is open to all legal residents of India holding a valid and current SBI/Tata Credit Card (“Cardholder”) and to whom a communication is sent by SBICPSL and/or Paytm, the company website says.