SBI customers, save money! You can get up to 5 litre petrol FREE; Here's how

Fuel prices are volatile and they certainly burn a hole in your pocket every month. In Delhi, one litre petrol is priced at Rs 76.52, while one litre of diesel costs Rs 71.39. Though fuel prices have seen a reduction of Rs 7 in last few days after nearing Rs 90 in some states and Rs 85 a litre in Delhi, it is still way higher than its average level of Rs 70 per litre.

However, if you too are worried about rising petrol and diesel prices, this State Bank of India offer may reduce your fuel expense burden. The SBI has launched an offer under which you can get up to 5-litres of petrol free. Yes, you read it right. However, to get free petrol, you will have to follow certain payment rules.

The SBI today said that if you buy petrol of minimum Rs 100 and pay using BHIM SBI Pay, you can get up to 5 litres of petrol.

"Fuel your drive at any Indian Oil Retail outlet with BHIM SBI Pay and get up to 5 litres of petrol free! Hurry! Offer valid till 23rd November 2018," said the SBI in a tweet.

Fuel your drive at any Indian Oil Retail outlet with BHIM SBI Pay and get up to 5 litres of petrol free! Hurry! Offer valid till 23rd November 2018. For more details on the offer, visit: https://t.co/2OAnjbA2m1#SBI #IndianOil #NPCI #Offer #Deal #Fuel #Petrol #BHIMSBIPay #UPI pic.twitter.com/XUVAxeVO6u

— State Bank of India (@TheOfficialSBI) November 19, 2018

However, the offer is valid only till November 23rd and that too only at Indian Oil petrol pumps. 

Here's how to get free petrol:

1. a. Buy fuel from Indian Oil Retail Outlets and pay through BHIM -UPI i.e. BHIM SBI Pay app. (min transaction value – Rs 100/-)

b. Send sms in a specified format to 9222222084: <UPI Reference No. (12 -Digit)> <DDMM>

For example, in the sample transaction shown above, the 12 digit -UPI reference No. would be: 832310178864

2. SMS Charges – Normal SMS charges apply.

3. Customer care no -1800 22 8888 (TOLL -FREE)

4. Escalation Matrix – a) 1st level – Call Center -1800 22 8888 b) 2n d Level – [email protected]

5. Cash -back Entry Clock – 12:00 AM

Winners will be sent link to enroll into the XTRAREWARDS Loyalty Program of Indian Oil Corporation Ltd and the cashback incentive will be credited into the winners loyalty account. The winners shall be required to provide the requisite personal profile information such as name, address etc to Indian Oil Corporation Ltd for creation of such Loyalty account. The winner shall also have to agree to the XTRAREWARDS Loyalty Program to avail the cash back incentive. Winners may redeem the XTRAREWARDS loyalty point by visiting participating Indian Oil Corporation Ltd Retail Outlet against fuel purchase, it said.

Watch This Zee Business Video

However, the guidelines set by the SBI revealed that those making payments using Debit or Credit cards are also eligible to participate in the offer.

"Only those customers who purchase fuel from Indian Oil Corporation Ltd Retail Outlets through payment card such as Debit, Credit or prepaid as well payments through UPI are eligible to participate in the offer," read the statement.