About Novio SBM Credit Card
The Novio SBM Credit Card (available in variants such as SBM novio, DCB novio, and so on) is a secured, fixed deposit-backed RuPay (and occasionally Visa) credit card designed for beginners, students, and anyone looking to build credit without income proof or a high credit score. With a small FD starting at ₹2,000, it provides lifetime benefits, rewards on everyday purchases (especially UPI), and easy approval.
How to Apply for the Novio SBM Credit Card Online?
- Click APPLY NOW
- You will be taken to the Credit Cards Application page
- Before you start, keep these ready: PAN card, Aadhaar card, and a blank piece of paper for signature
- Also, sit in a quiet place with no background noise and without help from another person; otherwise, your application may get rejected
- To begin, you may be asked to enter your name, email, mobile number, and PAN card to fetch your CIBIL score
- Complete your online KYC, then submit the form
- You will get a reference number to track your application
- Once your card is approved, you will be notified by SMS or email.
Fees and Charges
- Joining Fee: Nil (Lifetime Free)
- Annual Fee: Nil (Lifetime Free)
- Forex Markup Fee: 2.49%
Welcome and Milestone Benefits
- Welcome Benefits: Up to ₹100 fuel voucher per month for 3–6 months (depending on FD amount, with minimum spends like ₹2,500–₹3,500). Overall welcome benefits worth ~₹5,000* across brands (e.g., discounts on Amazon, movies, etc.).
- Milestone Benefits: NA (Focus is on ongoing rewards and joining fuel vouchers rather than traditional milestones).
Cashback and Rewards
- Card Type: Secured / FD-Backed
- Card Network: Primarily RuPay (UPI-enabled); Visa variants available
- Best For: Beginners, students, UPI-heavy users, credit score builders, and everyday spends (fuel, groceries, online)
- Cashback/Rewards on Online Purchases: 5% Novio Coins (standard rate)
- Cashback/Rewards on Offline Purchases: 5% Novio Coins on store spends
- Maximum Cashback per Statement Cycle: Varies; e.g., fuel rewards capped (around 400 coins/month on higher rates)
- Rewards Redemption Options: Novio Coins redeemable via the Novio app for brand vouchers, discounts (up to 20% off on partners like Amazon, Flipkart, Swiggy, PVR, etc.), gift cards, and more. Coins credited instantly on UPI.
Reward Rates (typical):
- 5% Novio Coins on UPI & most spends
- Up to 10% on fuel (via UPI/card combinations, with caps)
- Additional UPI app integration for boosted earnings (e.g., 5% card + 5% UPI = 10% total in some cases)
Lounge Access
- Domestic Lounge Access: Available on higher FD variants (e.g., DCB novio with ₹25,000+ FD offers free domestic/international access). SBM variant generally has limited or no complimentary access.
- International Lounge Access: Same as above — unlocked with higher FD on select variants.
Category Spend Benefits
- Online Shopping: 5% Novio Coins (standard)
- Food and Grocery: 5% Novio Coins
- Travel Booking: 5% + potential travel discounts via app
- Utility Bill Payments: Often excluded from rewards
- UPI Payment (Scan & Pay): 5% (up to 10% combined in some scenarios)
- Fuel: Up to 10% Novio Coins (strong benefit, with monthly caps)
Excluded Categories
- Rewards are not earned on: Cash withdrawals, quasi-cash, utilities, government payments, insurance, education fees, gambling/lotteries, rent, wallet loads, financial services, and specific MCCs like real estate, stored value cards, etc.
Why Choose Novio SBM Credit Card?
- Zero fees and guaranteed approval with minimal FD.
- Excellent for UPI users — rewards on daily scans and payments.
- Helps build credit history safely (FD-backed limit ~90% of deposit).
- Instant coins + app-based redemptions for popular brands.
- Low forex for occasional international use.
- FD earns interest while providing credit limit.
It stands out as one of the most accessible and rewarding entry-level cards for UPI-dominant lifestyles in India.
Who is eligible for the Novio SBM Credit Card?
Indian residents aged 18+ with a minimum Fixed Deposit (₹2,000-₹5,000, depending on variant). There is no need to provide proof of income or credit score. Approval is guaranteed based on KYC and bank policies. Perfect for students, first-time credit users, and salaried/self-employed individuals starting small.
Is the Novio SBM Credit Card worth applying for?
Yes, especially if you:
- Want a lifetime-free card with no rejection risk.
- Do heavy UPI and fuel spends.
- Need to build or improve your credit score.
- Prefer simple, everyday rewards over premium travel perks.
Limitations: Rewards are app-tied (Novio Coins), lounge access is FD-dependent and not unlimited on all variants, and many bill/rent categories are excluded. If you spend heavily on excluded categories or want premium lounge benefits without high FD, consider other options.
Novio SBM Credit Card is a strong pick for beginners and UPI enthusiasts in 2026. Start with a small FD, enjoy rewards, and grow your credit profile risk-free.