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SBI Cards & Payment Services
3.7
based on 4.1k Reviews
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Company Overview
Company Locations
Working at SBI Cards & Payment Services
Company Summary
Plastic money for utilities and payments
Overall Rating
3.7/5
based on 4.1k reviews
3% below
industry average
Critically rated for
Promotions, Work satisfaction
Work Policy
Work from office
85% employees reported
Monday to Saturday
54% employees reported
Strict timing
54% employees reported
Within city
47% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
235 employees reported
Health insurance
138 employees reported
Cafeteria
95 employees reported
Office gym
54 employees reported
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About SBI Cards & Payment Services
Founded in1998 (27 yrs old)
India Employee Count1k-5k
Global Employee Count1k-5k
India HeadquartersGurgaon/Gurugram, Haryana, India
Office Locations
--
Websitesbicard.com
Primary Industry
Other Industries
--
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SBI Cards & Payment Services Ltd., previously known as SBI Cards and Payment Services Private Limited, is a payment solutions provider in India. SBI Card was launched in October 1998 by the State Bank of India, India's largest bank, and GE Capital. In December 2017, State Bank of India and The Carlyle Group.
Mission: To offer Indian consumers access to a wide range of world-class, value-added payment products and services
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SBI Cards & Payment Services Ratings
based on 4.1k reviews
Overall Rating
3.7/5
How AmbitionBox ratings work?
5
1.8k
4
965
3
602
2
262
1
521
Category Ratings
3.6
Skill development
3.4
Company culture
3.4
Job security
3.4
Salary
3.4
Work-life balance
3.3
Work satisfaction
3.0
Promotions
SBI Cards & Payment Services is rated 3.7 out of 5 stars on AmbitionBox, based on 4.1k company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at SBI Cards & Payment Services
based on 3.8k reviews
3.7
Rated by 1.1k Women
Rated 3.7 for Skill development and 3.5 for Work-life balance
3.7
Rated by 2.7k Men
Rated 3.5 for Skill development and 3.4 for Work-life balance
Work Policy at SBI Cards & Payment Services
based on 446 reviews in last 6 months
Work from office
85%
Hybrid
10%
Permanent work from home
5%
SBI Cards & Payment Services Reviews
Top mentions in SBI Cards & Payment Services Reviews
+ 5 more
Saint-Gobain
We thank our employees for rating us 
4/5 on AmbitionBox
4/5 on AmbitionBoxJoin a company where our employee's ratings speak volumes.
Compare SBI Cards & Payment Services with Similar Companies
 |  Change Company |  Change Company |  Change Company | |
|---|---|---|---|---|
Overall Rating | 3.7/5 based on 4.1k reviews | 4.0/5 based on 38.3k reviews  | 3.9/5 based on 39.8k reviews | 3.8/5 based on 25.6k reviews |
Highly Rated for |  No highly rated category | Job security Skill development Company culture | Job security Skill development | No highly rated category |
Critically Rated for | Promotions Work satisfaction |  No critically rated category | Promotions | Promotions |
Primary Work Policy | Work from office 85% employees reported | Work from office 91% employees reported | Work from office 84% employees reported | Work from office 80% employees reported |
Rating by Women Employees | 3.7 Good rated by 1.1k women | 3.9 Good rated by 10.1k women | 3.7 Good rated by 8.3k women | 3.6 Good rated by 5.5k women |
Rating by Men Employees | 3.7 Good rated by 2.7k men | 4.0 Good rated by 26.4k men | 3.9 Good rated by 29.5k men | 3.8 Good rated by 18.9k men |
Job security | 3.4 Average | 4.1 Good | 4.0 Good | 3.7 Good |
View more
SBI Cards & Payment Services Salaries
SBI Cards & Payment Services salaries have received with an average score of 3.4 out of 5 by 4.1k employees.
Branch Relationship Executive
(1.3k salaries)
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₹1 L/yr - ₹5 L/yr
Sales Executive
(865 salaries)
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₹1 L/yr - ₹4.5 L/yr
Team Lead
(526 salaries)
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₹1.7 L/yr - ₹5.8 L/yr
Relationship Executive
(513 salaries)
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₹1 L/yr - ₹3.5 L/yr
Area Sales Manager
(395 salaries)
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₹5.2 L/yr - ₹15.5 L/yr
MIS Executive
(255 salaries)
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₹1.4 L/yr - ₹4.6 L/yr
Branch Relationship Manager
(212 salaries)
Unlock
₹1.2 L/yr - ₹5 L/yr
Relationship Manager
(206 salaries)
Unlock
₹1.7 L/yr - ₹7.5 L/yr
Back Office Executive
(187 salaries)
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₹1.2 L/yr - ₹3.9 L/yr
BRE
(181 salaries)
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₹1 L/yr - ₹3.3 L/yr
SBI Cards & Payment Services Interview Questions
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SBI Cards & Payment Services News
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Stock Market Highlights 5 March 2025: Sensex, Nifty reverse declining trend; settle 1% higher on rally in utilities, power stocks
- Indian stock market witnessed a positive trend with Sensex and Nifty closing higher amidst a rally in utilities and power stocks despite US stock indices facing declines.
- The BSE Sensex surged by 740.30 points to close at 73,730.23, breaking a 10-day losing streak, while the Nifty displayed signs of value buying and followed global market trends.
- Technical analysis revealed strong resistance at 22,250 for Nifty50 stocks supported by an accumulation of put contracts at 21,500.
- The derivatives market showed a bearish tilt as call writers dominated put sellers, with notable resistance at 22,500-call strike and support at 21,500-put strike.
- Forex trading saw the Rupee gain against the US dollar due to trade tariff uncertainties, crude oil price decline, and dollar weakness amidst global market turmoil triggered by US President Trump's trade policies.
- Several companies announced strategic partnerships and new orders including Refex introducing 1,000 electric four-wheelers in major cities and Marine Electricals partnering with Danfoss India for marine electrification.
- IRFC achieved Navratna status and was ranked as the third-largest government NBFC in India, while silver prices rose on MCX with a positive outlook driven by fresh positions.
- Stock price movements were observed across various sectors with companies like HBL Engineering securing orders, and L&T announcing major residential construction projects in key cities.
- Key broking firms issued positive outlook on stocks like Mahindra & Mahindra Finance, Polycab, and SBI Cards, while market analysts highlighted impactful events in the global market alongside domestic developments.
- The US President's actions related to energy policies, OPEC+ decisions, SEBI's proposed trading limits, and NSE's contract expiry changes were noted to impact market sentiments and future trends.
- Overall, the market exhibited a mix of positive and negative factors influencing investor sentiment, with a focus on earnings, partnerships, regulatory changes, and economic indicators affecting the trading environment.
HinduBusinessLine | 5 Mar, 2025
Stock Recommendations Today: IndiGo, SBI Cards, Airtel, Coal India And Zomato On Brokerages' Radar
- Brokerages are closely observing stocks like SBI Cards, Trent, IndiGo, Bharti Airtel, Coal India, EPL, Zomato, and Prestige Estates today.
- Goldman Sachs maintains a 'sell' rating on Indus Towers and Vodafone Idea, while reiterating a 'buy' rating on Bharti Airtel with a raised target price.
- JPMorgan maintains a 'neutral' rating on Coal India, citing reasons not to buy the dip in stock prices.
- Goldman Sachs is bullish on Trent, expecting store sales ramp up and strategic growth in the business.
- Goldman Sachs also recommends buying shares of IndiGo Airlines due to strong domestic traffic and capacity expansion prospects.
- Morgan Stanley suggests an 'equal-weight' rating on SBI Cards, highlighting growth in January spend and market share.
- Nomura maintains a 'buy' rating on EPL, citing a positive stake sale to Indorama and long-term benefits for minority shareholders.
- Bernstein remains positive on Zomato, expecting continued growth and profitability in the medium term.
- Citigroup lowers the target price for Prestige Estates but maintains a 'buy' rating, anticipating delays in new launches.
- The article focuses on various stock recommendations and insights from brokerages to guide investors on the latest market trends.
Bloomberg Quint | 25 Feb, 2025
Stock Market Live: GIFT Nifty Trades Above 22,600; Swiggy, Bharti Airtel, Niva Bupa In Focus
- Swiggy, Brigade Enterprises, Niva Bupa Health Insurance, Aster DM Healthcare, and Bharti Airtel stocks will be in focus on Monday.
- Shares of SBI Cards and Payment Services Ltd. see last day to buy shares to qualify for receiving interim dividend.
- Nifty 50 likely to experience a short-term bounce, with stocks like Adani Ports, Crompton Greaves Consumer, Shriram Finance, and Apollo Hosp screening well.
- Nifty February futures market indicates a decline, with stocks like Manappuram Finance and Chambal Fertilizer in the ban period.
Bloomberg Quint | 24 Feb, 2025
SBI Cards Interim Dividend: Last Day To Buy Shares To Qualify — Details Here
- Today is the last day for investors to buy shares of SBI Cards to qualify for the interim dividend.
- SBI Cards declared an interim dividend of Rs 2.5 per equity share for the FY 2025.
- The record date for the dividend is set for February 25th.
- SBI Cards will pay a total of Rs 238 crore as interim dividend.
Bloomberg Quint | 24 Feb, 2025
Corporate Actions This Week — SBI Cards, IGI, Power Finance Corp And Nava
- SBI Cards, IGI, Power Finance Corp and Nava are involved in corporate actions this week.
- SBI Cards has declared an interim dividend of Rs 2.5 per share for the financial year 2024-25.
- International Gemmological Institute India Ltd. has declared an interim dividend of Rs 2.44 per share for the financial year 2024-25.
- Power Finance Corp. has announced its third interim dividend of Rs 3.50 per share for the financial year 2024-25. Nava has announced a buyback programme worth Rs 360 crore.
Bloomberg Quint | 23 Feb, 2025
India's GDP Data, Maha Shivratri Holiday, Tokyo CPI: The Week Ahead
- The upcoming week will see a subdued market due to a shortened trading period for the Maha Shivratri holiday on Feb. 26; India's GDP data and key economic figures from South Korea, Japan, and Australia will be released.
- On the IPO front, Quality Power Electrical Equipments Ltd. is set to list, with a few SME IPOs opening and closing; market charts indicate a negative trend, but a potential technical rally if certain levels hold.
- Global cues include South Korea's Monetary Policy Decision, Australia's CPI report, and Tokyo CPI data; Bank of Korea expected to cut rates to support the economy.
- India's GDP data to be released on Feb. 28, with estimates indicating growth rebounding in Q4 but still below potential; stimulus measures like rate cuts and income-tax reductions may boost growth.
- In the primary market, limited activity expected with Quality Power Electrical Equipments Ltd. listing on the main board and a few SME IPOs scheduled; upcoming corporate actions include interim dividends and stock splits.
- Market performance last week saw Nifty and Sensex closing lower for the fourth consecutive session, impacted by foreign capital outflows and global concerns; Nifty shed 0.64% and Sensex lost 0.92% for the week.
- Key stocks like Mahindra & Mahindra, ICICI Bank, Bharti Airtel, and Dr. Reddy's Laboratories influenced market movements; technical analysis suggests potential levels for market direction in the upcoming week.
- The week ahead includes events like South Korea's Monetary Policy Decision, Australia's CPI release, and Tokyo's CPI report; expectations of inflation data and interest rate decisions driving market sentiments.
- Corporate actions for the upcoming week involve various companies turning ex-date for interim dividends and stock splits; ASM Technologies, SBI Cards, and other entities part of the corporate action schedule.
Bloomberg Quint | 23 Feb, 2025
Salila Pande Appointed as New Managing Director & CEO of SBI Cards
- Salila Pande has been appointed as the new Managing Director and Chief Executive Officer of SBI Cards and Payment Services.
- Pande's tenure will last for two years, starting from April 1, 2025.
- She has been with SBI since 1995 and currently serves as the Chief General Manager.
- Pande holds a postgraduate degree in physics and is a Certified Financial Risk Manager.
All Things Talent | 18 Feb, 2025
Stock Market Today: All You Need To Know Going Into Trade On Feb. 18
- Indian major equity indices saw a pause in their losing streak with HDFC Bank Ltd. and Reliance Industries Ltd. supporting, while pharmaceutical and metal stocks gained.
- The Nifty 50 closed 0.13% higher at 22,959.50, and the Sensex closed 0.08% up at 75,996.86 after a shaky start and intraday recovery on Monday.
- Foreign portfolio investors continued as net sellers of Indian equities, shedding stocks worth around Rs 3,937.8 crore, while domestic institutional investors remained net buyers.
- The Indian rupee depreciated against the US dollar, closing at Rs 86.85 on Monday.
- Key earnings post market hours included ABB India's Q4 highlights showing significant growth in revenue, Ebitda, and net profit.
- Stocks to watch included developments in companies like Paytm, SBI Cards, Zomato, and major announcements in various sectors like healthcare, travel, and finance.
- IPO offerings, bulk deals, blocks deals, insider trading, pledge share details, and trading tweaks were notable highlights in the market on the given day.
- F&O cues indicated Nifty Feb Futures trading higher, with a premium and changes in open interest, along with insights on the options market and securities under the ban period.
- It was a day of key market movements and announcements, reflecting the ongoing dynamics and shifts in various sectors of the Indian stock market.
- Investors and traders stayed engaged with updates on earnings, IPOs, stocks to watch, and other relevant market information impacting their investment decisions.
Bloomberg Quint | 18 Feb, 2025
Stocks To Watch: Paytm, LIC, SBI Cards, Zomato, Choice International
- Paytm partners with SBI Mutual Fund to launch JanNivesh Rs 250 systematic investment plan.
- Salila Pande appointed as the Managing Director and CEO of SBI Cards.
- Zomato offers its internal customer support platform, Nugget, to restaurants.
- Choice Equity Broking acquires Arete Capital Services.
Bloomberg Quint | 18 Feb, 2025
SBI Cards Declares Interim Dividend Of Rs 2.5 Apiece
- SBI Cards and Payment Services Ltd. has declared an interim dividend of Rs 2.5 per equity share for its shareholders.
- The dividend represents 25% of the face value of each share and will be credited or dispatched on or before March 18.
- The record date for determining the entitlement of payment of interim dividend has been set as February 25.
- SBI Cards has also approved the appointment of Salila Pantle as the managing director and CEO, effective from April 1.
Bloomberg Quint | 17 Feb, 2025
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SBI Cards & Payment Services FAQs
When was SBI Cards & Payment Services founded?
SBI Cards & Payment Services was founded in 1998. The company has been operating for 27 years primarily in the Financial Services sector.
Where is the SBI Cards & Payment Services headquarters located?
SBI Cards & Payment Services is headquartered in Gurgaon/Gurugram, Haryana.
How many employees does SBI Cards & Payment Services have in India?
SBI Cards & Payment Services currently has more than 3,800+ employees in India. Sales & Business Development department appears to have the highest employee count in SBI Cards & Payment Services based on the number of reviews submitted on AmbitionBox.
Does SBI Cards & Payment Services have good work-life balance?
SBI Cards & Payment Services has a work-life balance rating of 3.4 out of 5 based on 4,100+ employee reviews on AmbitionBox. 34% employees rated SBI Cards & Payment Services 3 or below, while 66% employees rated it 4 or above for work-life balance. This rating suggests that while some employees recognize efforts towards work-life balance, there is scope for improvement based on employee feedback. We encourage you to read SBI Cards & Payment Services work-life balance reviews for more details
Is SBI Cards & Payment Services good for career growth?
Career growth at SBI Cards & Payment Services is rated as moderate, with a promotions and appraisal rating of 3.0. 34% employees rated SBI Cards & Payment Services 3 or below, while 66% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading SBI Cards & Payment Services promotions/appraisals reviews for more detailed insights.
What are the cons of working in SBI Cards & Payment Services?
Working at SBI Cards & Payment Services does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal and work satisfaction, based on 4,100+ employee reviews on AmbitionBox.
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