July 31, 2025 · 11 mins read
Santosh Kumar
ZET has designed the SBM ZET Credit Card in partnership with SBM Bank India to benefit new borrowers and those with limited or no credit history, helping to boost or build their credit scores. This new RuPay Credit Card, backed by a fixed deposit (FD), offers a one-step entry into the credit ecosystem, with no income proof required and guaranteed approval.
You can even earn up to 7% interest on your FD! The process for applying for the Zet Sbm credit card is easy and straightforward. In this step-by-step guide, you will discover how to apply for a credit card online and confidently start building your credit.
SBM ZET Credit Card is great for credit novices and people needing financial inclusion, and in lots of ways is the only card of its kind. It isn't attached to a regular bank account. It is wholly backed by a fixed deposit that starts as low as ₹5,000 and can easily be greater at its utmost with no credit score or income proof. It has a credit limit of up to 90% of your FD, and it is lifetime free with NO annual fee; it can be used in all UPI apps for easy payments.
Further product offerings for cardholders give them anywhere from 5% to 20% off, for example, on food apps like Swiggy and Zomato, BookMyShow, and account interest is paid on your FD. The ZET SBM credit card application is fully digital and paperless, and you, nor anyone you know, will have a problem applying for this card. The process is straightforward, and the goal is straightforward.
Before you begin the application process, it's important to remember that the eligibility requirements for the Zet SBM credit card apply. The requirements are very relaxed as they need to be for widespread application:
1: Indian National: You must be a citizen of India.
2: Age Requirement: Applicants must be 18 years of age or older.
3: Fixed Deposit: You must have a minimum of ₹5,000 on FD with SBM Bank for the card
4: ID Documents: You must produce a valid Aadhaar card and PAN card for verification.
5: No Credit History Required: The only normal requirement is a credit score, and there is no proof of income required.
The eased requirements boost the chances for inclusion, particularly for credit-underserved or unserved applicants. A report by the BCG indicated that there were 160 million credit-underserved or unserved Indians in 2021.
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To make the zet sbm credit card apply process smoother have the below-mentioned documents ready:
1: Aadhaar Card: for identity and address verification.
2: PAN Card: for verification of financials & taxes.
3: Mobile Number: this needs to be attached to your Aadhaar for verification via OTP.
4: Email Address: for application updates and e-statements.
As you do not have to submit any salary slips, bank statement or documents related to credit history, it will be a smooth and easy process for the get sbm credit card apply online.
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The ZET SBM credit card application process is 100% digital, and the whole thing takes just a couple of minutes using your ZET mobile app. It's so easy if you follow the steps below to get your card:
To get started, download the ZET app from the Google Play Store or the Apple App Store, available for both Android and iOS devices. Search for "ZET" in your app store, download and open the app to start your ZET Sbm credit card apply.
After you have installed the app, simply click the "Sign Up" button. You will be asked to enter your mobile number, which must be linked to your Aadhaar card. Once complete, you will receive a one time password (OTP) to verify your mobile number. This is a very important step in the process. Mobile number verification is known as SIM binding and is a security measure put into place to prevent fraud and prove that the applicant is the rightful owner of the device.
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After confirming your mobile number, you will be asked to enter your basic details:
1: Your Full Name
2: Your Email Address
3: Your PAN Card Number
Once you enter your PAN, the app will automatically search for your credit details and this will speed up the complete zer sbm credit card apply online process. Please ensure you agree to the documents.
In order to ensure the SBM ZET Credit Card, you should complete the required fixed deposit with SBM Bank from the ZET application.
The minimum FD amount is ₹5,000 but you can top it up to ₹5,00,000 for a higher credit limit! Please follow the in-app process to:
1: Create a FD account.
2: Sign the required digital documents.
3: Transfer the FD amount via a safe payment method.
Your FD is insured with the Deposit Insurance and Credit Guarantee Corporation (DICGC) up to ₹5 lakh, so you are secured under RBI guidelines!
In collaboration with RBI regulations, you should complete the video KYC process with the ZET application, which consists of
1: Providing your Aadhaar info for verification.
2: Taking part in a short video call to verify your identity.
3: Ensuring that you are in a well-lit area with a strong internet connection for a better KYC process.
The video KYC is brief and should only take a few minutes. Once verified, your Zet Sbm credit card apply request is at the final stage.
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You can use online applications and begin to use your virtual card right away for:
1: Online purchases on stores like Amazon, Flipkart, and Myntra
2: UPI transactions for everyday purchases like groceries or bill payments
3: Using the virtual card in-app to also earn rewards such as 20% off on Swiggy, Zomato, or
BookMyShow
If you keep your usage responsible such a keeping your credit utilization under 30%, and always paying your bills on time, you can have a credit score of 750+ in just 30 days.
To ensure you have a great experience while applying for a Zet sbm credit card, apply online. Here are a few things to keep in mind:
Internet Connection: Ensure you have a stable internet connection for your video KYC
Details: Verify your Aadhaar and PAN details before submitting your application to avoid prolonging the verification stage
Funds: Keep at least ₹5,000 available to create the FD
Application: Use the latest version of the ZET application to avoid any technical glitches
Device: Please use a trusted device for your application, to keep your data safe
Keeping these tips in mind will definitely help you minimize errors and have your ZET SBM dream credit card apply experience be so smooth process.
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The SBM ZET Credit Card offers a plethora of advantages and guarantees a good choice for a first-time credit card user:
Guaranteed approval: You will never get rejected because the FD-backed model cannot deny you.
No annual fees: Lifetime free and no joining or renewal fees in most cases (fetching a ₹499 joining fee, however, has been common, but it is typically waived at the time of applying).
UPI orientation: Easy payment through the popular UPI apps.
Rewards and discounts: Up to 20% off on Swiggy, Zomato, BookMyShow and even more, plus up to reward points on Myntra (20%), Flipkart (8%), and Amazon (5%).
Interest on your FD: Up to 7% per annum on your current fixed deposit whilst using the card.
Credit build-up: Raise or improve your CIBIL score as quickly as 30 days, if used responsibly. Forex Charges - 2.49% fee on international charges< and many entry-level cards charge higher fees.
All of these benefits make the zero SBM credit card apply process very worthwhile if you want to have flexibility in your finances, as well as build up credit.
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The application process for the ZET SBM credit card is quite simple; however, don't make some of these common mistakes:
Missing Payment Due Date: Missing a payment due date will have a negative impact on your credit score.
Using too much of your credit limit: If you owe more than 30% of your credit limit, it will harm your credit score.
Withdrawing your FD early: If you withdraw your FD early, you will have to pay a 1% penalty, and you will lose the interest on that period.
Not reading the Terms of Use: When you use your card or when you receive the card, read the Key Fact Statement (KFS). You may have incurred fees like the ₹499 joining fee or ₹249 +GST card replacement fee.
Applying for more than one card at the same time: If you apply for more than one credit card at the same time, then there will be a hard inquiry on your credit report, and your credit score will be lowered.
However, if you are consistent, you can create a strong financial foundation with the SBM ZET Credit Card.
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The SBM ZET Credit Card is fully committed to ensuring safety and security. Here are some features:
1: Zero-Liability Coverage: No unauthorized transactions.
2: Two-Step Authentication: OTP and device binding at login.
3: SIM Binding: One-time SMS verification to avoid SIM swap fraud.
4: RBI Insured FD: Your Fixed Deposit is insured up to ₹5 lakh through DICGC.
These features can provide peace of mind as you continue to transact safely online or via UPI. Try using these, as they will help you in many ways.
The SBM ZET Credit Card, if used responsibly, will help you achieve a CIBIL score of 750+, and here's how:
On-Time Payments: Likely the biggest factor in scores (at least from most bureaus), On-Time payments are reported to CIBIL and Equifax to increase your score.
Low Credit Utilization: Generally speaking you should use no more than 30% of your limit, however, if you can remain less than 10% or 20% that shows financial discipline in utilizing your limit.
Credit Mix: Having secured (FD secured) and unsecured credit allows your profile to be more robust.
Regular Reporting / Monitoring: Regularly check your CIBIL report through the ZET app and make amendments.
In time, cardholders have reported noticing an increase from the 600 standpoint to that of the 750 range, within a year of continuous responsible training.
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The minimum FD is ₹5,000, which ensures a credit limit of up to 90% of the FD amount.
Yes, you can use the RuPay-based SBM ZET Credit Card with UPI apps, including Google Pay, PhonePe, or Paytm.
The SBM ZET Credit Card is free for life; however, inclusion of a ₹499 joining fee applies unless waived off in certain promotional offers.
The virtual card receives activation within 10 minutes after a successful video KYC.
Yes, it applies a 2.49% fee for international transactions.
If I close the FD before maturity, it would be subject to 1% charge, and moreover, if I cancelled the card earlier in the year, it could incur some additional charges to be listed under the terms.
I can contact customer support regarding the SBM ZET Credit Card through the ZET app.
Download the app from PlayStore
