SBI Card says it has started offering fixed deposit (FD)-backed secured credit cards through the bank’s YONO platform, with customers able to obtain the card in about 10 minutes. The company presents the service as a faster, fully digital process.

SBI Card’s managing director and CEO Salila Pande says the initiative is designed to make secured credit cards easier to access, with an emphasis on a simpler and more convenient digital experience. NDTV reports on the announcement and the stated goal of improving ease of onboarding for customers who opt for FD-backed secured credit.

Across the available coverage, the focus remains on the speed and digital availability of the secured card offering via YONO, rather than on detailed terms, eligibility criteria, or pricing. The reported claims center on the process time and the intended user experience improvements.