SBI Card

• Annual Fee (one time): Rs. 4,999
• Renewal Fee (per annum): Rs. 4,999 from second year onwards
• Add-on Fee (per annum): Nil

• Interest free credit period: 20-50 days, applicable only on retail purchases and if previous month’s outstanding balance is paid in full
• Finance charges: Up to 3.35% per month, accounting to 40.2% per annum, from the date of transaction
• Minimum amount due: 5% of Total Outstanding (Min. Rs. 200 + all applicable taxes + EMI ( In case of EMI based product) + OVL amount (if any)

• Cash advance limit: Up to 80% of the credit limit, with a maximum of Rs. 15,000 per day
• Free credit period: Nil

• SBI ATMs or other ATMs: 2.5% of transaction amount, subject to a minimum of Rs. 300
• International ATMs: 3% of transaction amount, subject to a minimum of Rs. 300

• Statement retrieval: Rs. 100 per statement that is more than 2 months old
• Payment Dishonor fee: 2% of the payment amount, subject to a minimum of Rs. 350
• Charge slip retrieval: Rs. 225 per charge slip
• Late payment:
  • Nil for total amount due from Rs. 0 to Rs. 200
  • Rs. 100 for total amount due greater than Rs. 200 and up to Rs. 500
  • Rs. 400 for total amount due greater than Rs. 500 and up to Rs. 1,000
  • Rs. 500 for total amount due greater than Rs. 1,000 and up to Rs. 10,000
  • Rs. 750 for total amount due greater than Rs. 10,000
• Overlimit: 2.5% of overlimit amount subject to a minimum of Rs. 500
• Card replacement: Rs. 100
• Emergency card replacement, when abroad: Nil
• Foreign currency transaction: Conversion mark up : 3.5%
• Rewards redemption fee: up to Rs. 99, Nil for redemptions on Signature Book of Rewards
• Cash Payment Fee: Rs. 100

• Railway tickets through counters: Rs. 30 + 2.5% of transaction amount
• Railway tickets through irctc.co.in: 1.8% of transaction amount + service charge, as applicable
• Petrol and other products or services sold at petrol pumps:    2.5% fuel surcharge waiver for each transaction between Rs. 500 and Rs. 4,000, exclusive of applicable taxes, wherever applicable, and all other charges. Maximum surcharge waiver of Rs. 250 per statement cycle, per credit card accounts.
  2.5% of transaction amount (Min. 10) for transaction Amount Betweeen Rs. 500 to Rs. 4,000

All payments made for a cardholder account will be settled in the order of Minimum Amount Due (which is inclusive of all applicable taxes + EMI on EMI based products + 5% of Total Outstanding), Fees & Other Charges, and Interest charges, Balance Transfer Outstanding, Purchase Outstanding and Cash Advance.

• Cheques payable outside clearing the zones are not accepted. We accept payment through local cheques or drafts payable in Delhi only.
• All taxes would be charged as applicable on all the above Fees, Interest & Charges.

Your continued use of the card will be deemed acceptance of these amendments.

For assistance, please call SBI Card helpline at:

From BSNL/MTNL numbers      1800 180 1290

From all other numbers      39 02 02 02
Prefix your STD code if you use your mobile phone.

All information in this communication is correct as per June 2011 and is subject to change at the discretion of SBICPSL. SBI Card most important terms and conditions are also available at sbicard.com

For detailed terms and conditions please click here