SBI debit card expenses: The State Financial institution of India (SBI) has not too long ago introduced revisions to the annual upkeep expenses for sure debit playing cards, set to take impact from April 1, 2024. As per an ET report, these adjustments purpose to streamline the price construction and guarantee continued service high quality for cardholders. Under are the important thing highlights of the revised expenses:
Basic debit playing cards
Annual upkeep expenses for Basic, Silver, World, and Contactless Debit Playing cards will probably be elevated to Rs.200/- plus GST, up from the earlier Rs. 125/- plus GST.
Yuva and different playing cards
For debit playing cards like Yuva, Gold, Combo Debit Card, and My Card (Picture Card), the annual upkeep price will rise to Rs. 250/- plus GST, in comparison with the sooner Rs. 175/- plus GST.
Platinum debit card
Holders of SBI Platinum debit playing cards will see their annual upkeep expenses go as much as Rs. 325/- plus GST, from the sooner Rs. 250/- plus GST.
ALSO READ | What are FASTag expenses? Verify particulars for issuers – SBI, HDFC Financial institution, ICICI Financial institution, Airtel Funds Financial institution & extra
Premium Enterprise debit card
Annual upkeep expenses for premium enterprise debit playing cards reminiscent of Satisfaction Premium Enterprise Debit Card will probably be elevated to Rs. 425/- plus GST, up from Rs. 350/- plus GST.
Basic debit playing cards
Annual upkeep expenses for Basic, Silver, World, and Contactless Debit Playing cards will probably be elevated to Rs.200/- plus GST, up from the earlier Rs. 125/- plus GST.
Yuva and different playing cards
For debit playing cards like Yuva, Gold, Combo Debit Card, and My Card (Picture Card), the annual upkeep price will rise to Rs. 250/- plus GST, in comparison with the sooner Rs. 175/- plus GST.
Platinum debit card
Holders of SBI Platinum debit playing cards will see their annual upkeep expenses go as much as Rs. 325/- plus GST, from the sooner Rs. 250/- plus GST.
ALSO READ | What are FASTag expenses? Verify particulars for issuers – SBI, HDFC Financial institution, ICICI Financial institution, Airtel Funds Financial institution & extra
Premium Enterprise debit card
Annual upkeep expenses for premium enterprise debit playing cards reminiscent of Satisfaction Premium Enterprise Debit Card will probably be elevated to Rs. 425/- plus GST, up from Rs. 350/- plus GST.
DEBIT CARD ANNUAL MAINTENANCE CHARGES | |||
Sr No | Particulars | Present Prices | Revised Prices |
(01.04.2024) | |||
1 | Basic /Silver/World/Contactless Debit Playing cards. | Rs.125/ +GST | Rs. 200/ + GST |
2 | Yuva/Gold/Combo Debit Card/My Card (Picture Card) | Rs.175/ + GST | Rs. 250/+ GST |
3 | Platinum Debit Card | Rs. 250/ +GST | Rs. 325/+ GST |
4 | Satisfaction / Premium Enterprise Debit Card | Rs.350/ +GST | Rs. 425/+ GST |
Notice: GST is relevant @ 18%
Further charges like debit card issuance charges, alternative charges, and others.
Sl.No | Particulars | Prices | Rs |
1 | Debit Card Issuance Prices | Basic /Silver/World/Contactless Debit Card | Nil |
Gold Debit Card | Rs 100/- + plus GS | ||
Platinum Debit Card | Rs 300/- + plus GST | ||
My Card (Picture Card) | |||
2 | Debit Card Annual Upkeep Prices (Recovered originally of the second yr onwards) | Basic Debit Card | Rs 125/- plus GST |
Silver/World Contactless Debit Card | Rs 125/- plus GST | ||
Yuva / Gold /Combo / My Card (Picture) Debit Card | Rs 175/- plus GST | ||
Platinum Debit Automotive | Rs 250/- plus GST | ||
Satisfaction/Premium Enterprise Debit Card | Rs 350/- plus GST | ||
3 | Debit Card Alternative Prices | Rs 300/- plus GST | |
4 | Duplicate PIN/ Regeneration of PIN | Rs 50/- plus GST | |
5 | Worldwide Transaction Prices | Steadiness enquiry at ATMs | Rs 25 /- + GST |
ATM Money withdrawal transactions | Rs 100/- min. + 3.5% of Txn. Amt. + GST | ||
Level of Sale(PoS)/ eCommerce transactions | 3% of transaction quantity plus GST |
SBI Card adjustments
Beginning April 1, 2024, SBI Playing cards is not going to earn reward factors on hire funds for particular bank cards. Moreover, for some playing cards, reward factors earned from hire funds will expire on April 15, 2024.