Manage your account on the go with the SBI Card Mobile App
Your credit card outstanding balance is an aggregate of unpaid charges billed to your SBI Card account during a particular month. It includes:-
• Purchase Returns
• Insurance Premiums
• Fees & interest
• Other charges, click here for more details
The outstanding amount for a particular month along with the payment due date is communicated to through monthly statements and SMS alerts.
Total Amount Due is the amount due for payment as on the statement date. It includes your opening balance, new purchases, fees & finance charges if any, minus your last payment or any other due credits.
Click here to know schedule of charges
The 'Minimum Amount Due' is the minimum amount you are required to pay, on or before the payment due date, to maintain your card account in good standing. By calculating a minimum amount, the bank ensures that you are able to repay a portion of the principal outstanding every month.
Minimum Amount due shall be Total GST + EMI amount + 100% of Fees/Charges + 5% of [Finance Charge (if any) + Retail Spends and Cash Advance (if any)] + Overlimit Amount (if any)
W.e.f. 15th March 2024, In case 5% of (Finance Charge + Retail Spends and Cash Advance) is less than Finance Charges then MAD calculation will be Total GST + EMI amount + 100% of Fees/Charges + 100% of Finance Charges + Overlimit Amount (if any)
The minimum amount due for a particular month is communicated to you through monthly statements and SMS alerts.
Click here for more details
Not making the payment to your card account on or before the due date leads to:-
• Levy of additional late payment fees, interest and other charges.
• A possible suspension of your card.
• Negative effects on your future financial credentials and a negative score at CIBIL.
Please refer the Most Important Terms & Conditions to know the fees & charges.
Paying only the Minimum Amount Due every month would result in the repayment stretching over years with consequent interest payment on your outstanding balance. To view the interest, fees & charges, visit the “Most Important Terms & Conditions” according to your card type-
For Personal Cards, click here
For Corporate Card, click here
•Chatbot ILA: Login to ILA using your online account user ID and password and ask account information like Total Amount Due, Minimum Amount Due and Payment Due Date.
•Website: Login to your SBI Card account and check the details in the ‘My Card’ section.
•Mobile App: Login to the SBI Card Mobile App and check the details in the ‘Last Billed Summary’ section.