1 SBI Reward point is worth ₹0.25 in India.
₹0.25₹250 per 1,000 points, our house mark
₹0.25 · first marked 25 Jul 2026, never re-marked since
How we got this ₹ figure
₹0.25 is our HOUSE value for a point — what a disciplined traveller actually clears, not the best redemption we have ever seen (₹0.25, the ceiling) and not the worst you can always fall back on (₹0.25, the floor). It is the number every route on this page is priced with.
We hold one dated point for SBI 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? — 53 do
53 cards earn SBI 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 →
SBI Card ELITE0.5%SBI CardSBI Card PRIME0.5%SBI CardBPCL SBI Card OCTANE0.3%SBI Card50 more cards that earn it — same ranking, best first
The legacy SBI Card currency — what ELITE, PRIME and PULSE actually earn, and not to be confused with the MILES range's Travel Credits. Fixed-value: 4 RP = ₹1 against the rewards catalogue or statement credit. No airline transfers at all, so the band has no spread — this is a cashback currency wearing a points costume, and the travel value lives in the cards' vouchers and lounge access, not here.
SBI 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)
No corridor on our board prices a seat in SBI 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 SBI Reward Points — answered from the same data as everything above, with the same numbers.
What is 1 SBI Reward point worth in INR?
Our desk marks SBI Reward Points at ₹0.25 a point — so 1,000 points are worth ₹250 and 10,000 are worth ₹2,500. That is the number every route on this page is priced with. The ₹0.25 floor is the redemption you can always fall back on; the ₹0.25 ceiling is the best sweet spot we have actually verified. The mark is holding flat, last reviewed 25 Jul 2026. The valuation index prices it against every other program we cover.
Which Indian cards earn SBI Reward Points?
53 Indian cards earn SBI Reward Points outright. Best-ranked earners: SBI Card ELITE, SBI Card PRIME and BPCL SBI Card OCTANE, the best of them at 0.5% 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 SBI Reward Points last devalue?
We hold no dated events for SBI 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, ₹0.25 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 BPCL SBI Card OCTANE terms — "1 Reward Point on all other retail spends, except fuel (1 RP = ₹0.25)", with instant fuel redemption priced at 4 points to the rupee
- official SBI's own product record for Doctor's SBI Card — "4 Reward Points = Re. 1", the same flat rate a second, unrelated card on the shelf prints for the same points