SBI Credit Cards Revised Terms & Condition

SBI Credit Cards Revised Terms & Condition

Download the SBI Credit Cards Revised Terms & Condition in PDF format here. Terms and Conditions Governing Credit Card facilities shall be applicable to the Supplementary /Add on Cardholder as well. SBICPSL submits the Cardholder’s data to a Credit Information Company every month in the prescribed format. Credit Information Company uploads the submitted data onto their server within 30 days’ time.

SBI Credit Cards Revised Terms & Conditions

1. Annual Fees & Renewal Fees:-There are annual fees and renewal fees applicable on the SBI Credit Card (SBI Card). The annual fee is a one-time charge and renewal fee is charged every year. These fees may vary from Cardholder to Cardholder, and for different card variants. These shall be as communicated to the Cardholder at the time of applying for the credit card. These fees, as applicable, are directly charged to the Cardholder account and the same would be billed in the card statement of the month in which it is charged. There may be separate fees for Additional Cards issued to the Primary Cardholder.
2. Cash Advance Fees:– The Cardholder can use the Card to access cash in an emergency from domestic/international ATMs. A transaction fee would be levied on all such withdrawals and would be billed to the Cardholder in the next statement. A transaction fee of 2.5% or Rs. 300 whichever is higher at domestic ATMs and 3% or Rs. 300, whichever is higher at international ATMs will be levied. The transaction fee is subject to change at the discretion of SBI Cards & Payment Services Private Limited (SBICPSL). All cash advances also carry a finance charge equal to charges on revolving credit (please refer to schedule of charges) from the date of withdrawal until the date of full payment.
3. Cash Payment fees:- The Cardholder can walk into select SBI Bank branches or SBI Associate
   Bank branches and pay SBI Card dues by mentioning the Credit Card number & Amount in the pay-in-slip and depositing the same at the branch counter. An instant payment acknowledgement receipt will be provided after paying your bill. This service is available at Rs.100 + all applicable taxes.

For more details download the SBI Credit Cards Revised Terms & Condition in PDF format using the link give below.