With effect from 1st December 2016, customers will no longer earn points for Demat transactions. Points earned before 1st December will remain in your State Bank Rewardz account and can be redeemed as per the standard process. | Dear Customer, for verification purposes, State Bank Rewardz will send a One Time Password (OTP) to your mobile number and email ID that is registered with your Bank. If you have not updated your contact information, please visit your Home Branch.

Featured Rewardz

Nikon D3200 Dslr Camera
  Rupees Points*
Price Rs.37080.00 148320.00
Offer Rs.32104.50 128418.00
Discount 13.42%
Smart Two Wheel Self Balancing Electric Sc...
  Rupees Points*
Price Rs.30060.00 120240.00
Offer Rs.25568.00 102272.00
Discount 14.94%
First Aid Kit Premium
  Rupees Points*
Price Rs.510.00 2040.00
Offer Rs.448.00 1736.88
Discount 12.16%
Powered Toothbrush Family Pack
  Rupees Points*
Price Rs.500.00 2000.00
Offer Rs.439.00 1703.64
Discount 12.20%
MORPHY RICHARDS FOOD PROCESSOR ICON DLX
  Rupees Points*
Price Rs.11055.00 44220.00
Offer Rs.9457.00 37828.00
Discount 14.45%
Joint Health Plus 30 Tablets
  Rupees Points*
Price Rs.459.00 1836.00
Offer Rs.404.00 1567.24
Discount 11.98%
Autumn Diamond Pendant
  Rupees Points*
Price Rs.9876.00 39504.00
Offer Rs.8898.00 35592.00
Discount 9.90%
HAVELLS MONZA EC 25 LITRE STORAGE WATER HE...
  Rupees Points*
Price Rs.10130.00 40520.00
Offer Rs.8365.20 33460.80
Discount 17.42%
Jpearls 18Kt Dual Heart Diamond Ring
  Rupees Points*
Price Rs.9199.00 36796.00
Offer Rs.8288.00 33152.00
Discount 9.90%
Philips HL7610/00 3JAR MIXER GRINDER(IEC) ...
  Rupees Points*
Price Rs.3445.00 13780.00
Offer Rs.3150.00 12600.00
Discount 8.56%
Overnighter Cabin Strolley Laptop Bag - Bl...
  Rupees Points*
Price Rs.5189.00 20756.00
Offer Rs.3065.00 12260.00
Discount 40.93%
MORPHY RICHARDS CHEF EXPRESS 400i INDUCTIO...
  Rupees Points*
Price Rs.4255.00 17020.00
Offer Rs.2877.00 11508.00
Discount 32.39%
* Now Pay using a combination of Reward Points and Debit Card.
† Images shown are for demonstration purposes only. The actual product may vary.
† Product displayed subject to availability.
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Primary Terms & Conditions for The Great Redemption Sale:

  • The Sale is applicable only on Select Merchandise on the portal and does not include any other form of redemption e.g. movie, recharge, air, bus, in store etc.
  • The offer cannot be combined with any other offer.
  • This offer is valid for Indian citizens only.
  • StateBankRewardz or State Bank Group reserves the right to extend or terminate this offer or alter the terms and conditions at any time without assigning any reason whatsoever.
  • Other terms and conditions as laid down by StateBankRewardz and State Bank Group partner outlets shall continue to apply.
  • StateBankRewardz or State Bank Group holds no warranty and makes no representation regarding the delivery, service, suitability or quality of the offer and/or products and/or services under the offer
  • The offer can be revised, modified or withdrawn during any point of time during the offer period without assigning any reason whatsoever. The sole discretion for the same lies with StateBankRewardz
  • All disputes if any, arising out of or in conjunction with or as a result of this offer(s) promoted by StateBankRewardz or State Bank Group shall be subject to the exclusive jurisdiction of the competent courts/tribunals in Mumbai irrespective of whether courts/tribunals in other areas have concurrent or similar jurisdiction.
  • Any questions about this promotion should be referred to StateBankRewardz, The Qube, A-703, MV Road, Marol, Off Andheri-Kurla Road, Andheri (E), Mumbai - 400 059, India. Phone : +91 22 4045 4747, Fax : +91 22 4045 4748
  • Top 5 redeemers in a month will get SBI Gift Card worth Rs. 2500 each.
  • Winners of the highest redeemers will be notified of the prize by SMS, Email or Direct Mailer at the registered details available with the bank, within 60 days after announcement. StateBankRewardz or State Bank Group takes no liability if the offer winner does not claim the prize within 30 days of being notified.
  • Prize is non-transferable, non-binding and non-encashable.
  • No substitutions or exchange of Prize, other than what is detailed in the communication sent to the Cardholder shall be allowed.