New Delhi: SBI Card, one of the country`s leading credit card issuers, has partnered with Indian Medical Association (IMA), , to launch ‘Doctor’s SBI Card’, an exclusive credit card for doctors. Designed to complement the distinct lifestyles and needs of doctors, the Doctor`s SBI Card is a pioneering product that delivers an unmatched value proposition to this consumer segment. Doctor’s SBI Card is the only credit card in partnership with IMA. The product has been designed in close association with IMA and is based on research and insights into the distinct requirements and lifestyles of doctors. It offers several industry first features and exclusive benefits tailored for doctors, making it the most rewarding product in its class.
Doctor’s SBI Card offers industry first feature of professional indemnity insurance cover of INR 10 lakh to protect doctors against professional risks and liabilities. In their profession, doctors may face unforeseen events giving rise to risk of claims from patients or related parties. To safeguard their professional interest, the card offers cover for legal and defense costs as well as out of court settlements and court awards.
Speaking on the occasion, Hardayal Prasad, MD and CEO, SBI Card said, “India has the highest number of medical colleges and produces the maximum number of doctors annually, as compared to any other country. We are delighted to partner with IMA to introduce the Doctor`s SBI Card, an exclusive credit card with a unique value proposition designed for India`s large, fast growing community of doctors.
Based on research and insights into the unique lifestyles and requirements of doctors, the Doctor`s SBI Card integrates industry first features such as professional indemnity insurance cover and accelerated 5X rewards on medical supplies purchase for the benefit of doctors running private clinics. One of the insights our research revealed was that doctors incur 50% higher international spends than regular customers.
Dr. Ravi Wankhedkar, National President, IMA said, “Our members are doing a wonderful service for the community. We wanted to bring them something special in in today’s era of plastic money. Thus, we have partnered with SBI Card to launch an exclusive credit card which will bring great value to our members. It will be a matter of pride for our members to own an exclusive credit card with IMA branding.”
Benifits of Doctor’s SBI Card at a Glance:
Professional indemnity insurance cover of INR 10 lakh
5X reward points (5 reward points per INR 100 spent) on medical supplies, travel websites/apps and international spends
5 reward points per INR 100 spent on all retail spends except fuel on ‘Doctor’s Day’ i.e. 1st July
1 reward point per INR 100 spent on all other categories and Complimentary Priority Pass Membership worth USD 99 with 4 complimentary visits to international airport lounges per year
8 complimentary domestic lounge access per year
Waiver of renewal fee if spends exceed INR 2 lakh per annum
Milestone benefit: e-Gift voucher worth INR 5,000 from Yatra.com/ Bata/ Shoppers Stop on annual spends of INR 5 lakh
Welcome benefit: Gift voucher of INR 1,500 from Yatra.comFuel surcharge waiver across all fuel pumps
