1 Paytm SBI Card Reward point is worth ₹1.00 in India.
₹1.00₹1,000 per 1,000 points, our house mark
₹1.00 · first marked 15 Aug 2026, never re-marked since
How we got this ₹ figure
₹1.00 is our HOUSE value for a point — what a disciplined traveller actually clears, not the best redemption we have ever seen (₹1.00, the ceiling) and not the worst you can always fall back on (₹1.00, the floor). It is the number every route on this page is priced with.
We hold one dated point for Paytm SBI Card Reward Points — the mark itself. There is no earlier valuation on our record, so this page shows no trend line rather than drawing one. How we value a point →
Which of my cards reach it? — 2 do
2 cards earn Paytm SBI Card Reward Points outright. The figure is the reward rate — what ₹100 of ORDINARY spend earns back at our house ₹/point, before milestones, accelerators and the annual fee. How we compute it →
Paytm SBI Card SELECT1.0%SBI CardPaytm SBI Card1.0%SBI CardCashback that was renamed, and SBI says so in its own booklet: "W.e.f. 1st July '24, the Cashback that you were earning on spends made with your Paytm SBI Card will be replaced with Reward points of equivalent value. 1 Reward Point = Re 1." The whole earn grid is written as percentage VALUEBACK — 5%/3% on Paytm Travel, 2% in-app, 1% everywhere else — "earned by Cardholders in the form of Reward Points", so a point is a rupee by construction. Not the ₹0.25 sbi-reward-points the rest of the co-brand shelf earns, and not transferable anywhere: floor = value = ceiling = ₹1.00. Points accumulate for 24 months and the balance is forfeited at the end of the 13th month of consecutive non-use.
Paytm SBI Card Reward Points has held — we grade its nerf risk stable No tracker events on record for this program How we grade it →
Expiry: 24 months from accrual (official T&C); forfeited at the end of the 13th consecutive month without activity, and 30 days after a voluntary card closure
No corridor on our board prices a seat in Paytm SBI Card Reward Points against a published chart — every option that reaches it is dynamic, and an estimate is not a seat. the 2,196 corridors that DO have a verified price →
Straight answers
The questions people actually type about Paytm SBI Card Reward Points — answered from the same data as everything above, with the same numbers.
What is 1 Paytm SBI Card Reward point worth in INR?
Our desk marks Paytm SBI Card Reward Points at ₹1.00 a point — so 1,000 points are worth ₹1,000 and 10,000 are worth ₹10,000. That is the number every route on this page is priced with. The ₹1.00 floor is the redemption you can always fall back on; the ₹1.00 ceiling is the best sweet spot we have actually verified. The mark is holding flat, last reviewed 15 Aug 2026. The valuation index prices it against every other program we cover.
Which Indian cards earn Paytm SBI Card Reward Points?
2 Indian cards earn Paytm SBI Card Reward Points outright. Best-ranked earners: Paytm SBI Card SELECT and Paytm SBI Card, the best of them at 1.0% reward rate. The card list above names each of them with its rank, its ratio and what one of its points becomes here.
When did Paytm SBI Card Reward Points last devalue?
We hold no dated events for Paytm SBI Card Reward Points at all — no devaluation, no buff, nothing sourced — and we will not fill that gap with a guess. The nerf-risk grade reads stable, which on a program with no logged history means untested rather than safe.
Verified against SBI Card's own documents on · our house ₹/point, ₹1.00 today
Not published , and we will not invent it: how long posting takes · its award terms — surcharges and the booking window.
Every document behind this page — 2 of them, each with the day we read it
- official Paytm SBI Card T&C booklet — the clause that mints this currency: from 1 July 2024 the cashback "will be replaced with Reward points of equivalent value. 1 Reward Point = Re 1"
- official Paytm SBI Card SELECT product page — "1 Reward Point = Re. 1", the same rate on the upper tier of the co-brand, whose booklet writes its 5%/2%/1% earn as valueback