Mumbai, January 20, 2009: Travelguru, India’s Largest Hotel Network, has entered into an exclusive arrangement with SBI Card. Under the Offer, SBI Platinum Credit Cardholders can avail Flat 15% discount while all other SBI Credit Cardholders can avail Flat 10% discount on domestic hotel & holiday bookings done through Travelguru by using SBI Credit Card.

Customers can book a Hotel/ Holiday from 5th January 2009 till 31st March 2009 for any travel/stay date by logging onto www.travelguru.com or the Travelguru reservation centre (8 am – 10 pm) by calling on 022 – 40304878 or any of the Travelguru retail outlets across India (Mumbai, Pune, Bangalore, Indore).

Sharing the broad construct of the offer, Ashwin Damera – Founder & CEO, Travelguru said “We are pleased to introduce the Dream Holiday Offer in association with SBI Card. Through Travelguru’s recent travel research, we discover that an Indian travels at least twice in every six months for leisure and at least four times in every six months on business. It is to make this Hotel or Holiday experience much more affordable and fun-filled that Travelguru is offering upto 15% discount on all domestic bookings done by any SBI credit cardholder.”

Commenting on the tie-up, Manish Jain, Chief Marketing Officer, SBI Card said “At SBI Card we are always looking at opportunities to provide more value to our customers, and to make their life simple. The tie-up with Travelguru provides our Cardholders a great opportunity of booking hotels and holidays across various cities at an exclusive discount, and that too through an extremely simple tele-booking and online process”.

About Travelguru
Travelguru - India’s largest hotel network - offers access to over 4000 hotels in India and over 72,000 hotels worldwide. It offers travelers the opportunity to plan and purchase their travel in a transparent, easy and customizable manner with instant bookings and confirmations. Strategic partnerships and deep supplier relationships give Travelguru the edge as an aggregator of travel services. Sorting hotels by user reviews and several other criteria are some of the distinctive value-added services. In December, 2007 Travelguru fully acquired Desiya.com - a company focused on hotel aggregation, distribution and technology to further strengthen the leadership position in hotel distribution. Travelguru facilitates a wide range of travel options and recommendations for domestic as well as international travelers. The Travelguru hotel advisors guide you to the most convenient place to stay including rates, amenities, landmarks and so on across India. It promotes properties from budget to luxury, single room to serviced apartment, business accommodation to leisure houseboats www.travelguru.com +91 - 22 - 4275 4878

About SBI Card
SBI Card is a joint venture between State Bank of India and GE Capital to offer Indian consumers extensive access to a wide range of world-class, value-added payment products and services. The partnership leverages the competitive advantages of SBI’s brand equity, 100% blind brand recall, customer relationship and incomparable market presence with GE Capital’s global expertise and experience in technology and processes, Six Sigma approach to quality, world class customer service, retail marketing, product development and risk /credit management. The partners have set up two joint venture companies to develop SBI’s payment card business in India - SBI Cards & Payment Services Pvt. Ltd., which focuses on the marketing and distribution of SBI Card and GE Capital Business Processes Management Services Pvt. Ltd., which handles the technology and processing needs of SBI Card. Visit www.sbicard.com for more details.