As you asking I am telling State Bank of India (SBI) is second largest and fastest growing card issuer of the country has launched, Fuel Freedom, a special feature which now enables all State Bank of India (SBI) Card holders to enjoy Zero% surcharge on purchase of fuel across any petrol pump in any city, by this initiative State Bank of India (SBI) Cardholders will among the few privileged card holders who will no longer be required to pay the 2.5 % surcharge that is normally charged by all petrol pumps which accept credit cards for purchase of fuel.

This new feature comes on the back of a program launched by State Bank of India (SBI) Card in 2002 called FILL-IT-UP (FIU), wherein its cardholders could enjoy the 2.5% surcharge waiver across IOC and IBP petrol pumps only.

Bank profile :

Type Public company

Traded as NSE: SBIN

BSE: 500112

LSE: SBID

BSE SENSEX Constituent

CNX Nifty Constituent

Industry Banking, financial services

Founded 2 June 1806, Bank of Calcutta

27 January 1921, Imperial Bank of India

1 July 1955, State Bank of India

2 June 1956, nationalization

Headquarters Mumbai, Maharashtra, India

Area served Worldwide

Key people Arundhati Bhattacharya

(Chairperson)

Products Consumer banking, corporate banking, finance and insurance,
investment banking, mortgage loans, private banking, private equity, savings,
securities, asset management, wealth management, credit cards,

Revenue 2.7287103 trillion (US$41 billion) (2016)

Profit 127 billion (US$1.9 billion) (2016)

Owner Government of India

Number of employees 293,459 (2016)