Install SBI Card app and manage your account on the go

Install
Faqs

 

National Automated Clearing House

  • Q1. What is National Automated Clearing House?

  • National Automated Clearing House or NACH is an electronic mode of funds transfer from your bank account to your SBI Card account. Now you need not issue cheques every month for paying your SBI Card dues. You can set NACH for SBI Card, by which the chosen amount will be deducted directly from your bank account every month in favour of SBI Card. The amount will be credited to your card account on the payment due date.

  • Q2. How can I set up the NACH?

  • The mandatory fields are mentioned below for your reference:

    • Card No
    • MICR Code
    • Payment Debit type,
    • Bank account no
    • Bank name
    • IFSC code or MICR code
    • Debit amount
    • Frequency
    • Debit type
    • Reference No1 (CARD NO)
    • Period From, to or until cancelled.
    • Signature with name (Reference 1)

    You can set up NACH to pay your SBI Card outstanding in 4 simple steps-

    • Step 1: Click here to download the NACH form
    • Step 2: Print the form and fill in the required details.
    • Step 3: Choose any one of the 3 payment options provided in the form:
      • Total amount due (TAD), as per your SBI Card statement
      • Minimum amount due (MAD), which is the minimum amount payable to SBI Card as per your SBI Card statement
      • A fixed amount, as entered by you, to be debited every month from your bank account to be payable to SBI Card irrespective of the total amount due or minimum amount due as per your statement

    • Step 4: Send the completed form along with a cancelled cheque to us at the following address:
      SBI Cards and Payment Services Private Limited
      P.O. Bag No.28, GPO, New Delhi – 110001
      Your NACH account will be set up and your chosen amount will be paid to SBI Card on your payment due date.
  • Q3. Does the Electronic Clearing System (ECS)/National Automated Clearing House (NACH) facility will be continue on new card?

  • No! The Electronic Clearing System (ECS)/National Automated Clearing House (NACH) facility on customer’s old card will be temporarily deactivated. To continue using this facility, we would request you to send a fresh NACH application form to SBI Card address.

    Note: In case of card up gradation ECS/NACH service will not be continue on customer new flipped card. Customer need to send fresh mandate form for NACH activation.

  • Q4. How long will it take for the amount to be credited to my SBI Card account?

  • The payment will reflect within 3 working days in your SBI Card account.