Revolutionize corporate purchasing with SBI Corporate Virtual Card Solution
Know the interesting features of our SBI Corporate Virtual Card
*Card Not Present Transaction is where the cardholder does not or cannot physically present the card for a supplier's visual examination at the time that an order is given and payment effected, such as for MOTO, Travel related transactions made through Global Distribution System (GDS) , International E-commerce transactions etc.
•1% of transaction value or Rs. 10 whichever is higher
•1% surcharge waiver (excluding all applicable taxes wherever applicable + other charges) for single transaction spends between Rs. 500 and Rs. 4000 for Signature & Platinum Cards; Rs. 500 and Rs. 3,000 for all other cards
Maximum surcharge waiver of Rs. 250 per statement cycle per credit card account for signature & platinum cards; Rs. 100 per credit card account for all other cards
Total amount due (which is inclusive of Applicable taxes), followed by fees and other charges, Interest charges, retail outstanding.
2.25% of transaction amount (subject to minimum of Rs.75)
All taxes would be charged as applicable on all the above Fees, Interest & Charges.
“Applicable Taxes” (for Statements issued on or after 1st July, 2017) means:
*Any changes in schedule of charges will be communicated via email and will be available on our website sbicard.com