SBI debit card charges: The State Bank of India (SBI) has not too long ago introduced revisions to the annual maintenance charges for sure debit cards, set to take impact from April 1, 2024. As per an ET report, these modifications purpose to streamline the price construction and guarantee continued service high quality for cardholders. Below are the important thing highlights of the revised charges:
Classic debit cards
Annual maintenance charges for Classic, Silver, Global, and Contactless Debit Cards might be elevated to Rs.200/- plus GST, up from the earlier Rs. 125/- plus GST.
Yuva and different cards
For debit cards like Yuva, Gold, Combo Debit Card, and My Card (Image Card), the annual maintenance price will rise to Rs. 250/- plus GST, in contrast to the sooner Rs. 175/- plus GST.
Platinum debit card
Holders of SBI Platinum debit cards will see their annual maintenance charges go up to Rs. 325/- plus GST, from the sooner Rs. 250/- plus GST.
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Premium Business debit card
Annual maintenance charges for premium enterprise debit cards resembling Pride Premium Business Debit Card might be elevated to Rs. 425/- plus GST, up from Rs. 350/- plus GST.
Classic debit cards
Annual maintenance charges for Classic, Silver, Global, and Contactless Debit Cards might be elevated to Rs.200/- plus GST, up from the earlier Rs. 125/- plus GST.
Yuva and different cards
For debit cards like Yuva, Gold, Combo Debit Card, and My Card (Image Card), the annual maintenance price will rise to Rs. 250/- plus GST, in contrast to the sooner Rs. 175/- plus GST.
Platinum debit card
Holders of SBI Platinum debit cards will see their annual maintenance charges go up to Rs. 325/- plus GST, from the sooner Rs. 250/- plus GST.
ALSO READ | What are FASTag charges? Check particulars for issuers – SBI, HDFC Bank, ICICI Bank, Airtel Payments Bank & extra
Premium Business debit card
Annual maintenance charges for premium enterprise debit cards resembling Pride Premium Business Debit Card might be elevated to Rs. 425/- plus GST, up from Rs. 350/- plus GST.
| DEBIT CARD ANNUAL MAINTENANCE CHARGES | |||
| Sr No | Particulars | Existing Charges | Revised Charges |
| (01.04.2024) | |||
| 1 | Classic /Silver/Global/Contactless Debit Cards. | Rs.125/ +GST | Rs. 200/ + GST |
| 2 | Yuva/Gold/Combo Debit Card/My Card (Image Card) | Rs.175/ + GST | Rs. 250/+ GST |
| 3 | Platinum Debit Card | Rs. 250/ +GST | Rs. 325/+ GST |
| 4 | Pride / Premium Business Debit Card | Rs.350/ +GST | Rs. 425/+ GST |
Note: GST is relevant @ 18%
Additional charges like debit card issuance charges, substitute charges, and others.
| Sl.No | Particulars | Charges | Rs |
| 1 | Debit Card Issuance Charges | Classic /Silver/Global/Contactless Debit Card | Nil |
| Gold Debit Card | Rs 100/- + plus GS | ||
| Platinum Debit Card | Rs 300/- + plus GST | ||
| My Card (Image Card) | |||
| 2 | Debit Card Annual Maintenance Charges (Recovered originally of the second yr onwards) | Classic Debit Card | Rs 125/- plus GST |
| Silver/Global Contactless Debit Card | Rs 125/- plus GST | ||
| Yuva / Gold /Combo / My Card (Image) Debit Card | Rs 175/- plus GST | ||
| Platinum Debit Car | Rs 250/- plus GST | ||
| Pride/Premium Business Debit Card | Rs 350/- plus GST | ||
| 3 | Debit Card Replacement Charges | Rs 300/- plus GST | |
| 4 | Duplicate PIN/ Regeneration of PIN | Rs 50/- plus GST | |
| 5 | International Transaction Charges | Balance enquiry at ATMs | Rs 25 /- + GST |
| ATM Cash withdrawal transactions | Rs 100/- min. + 3.5% of Txn. Amt. + GST | ||
| Point of Sale(PoS)/ eCommerce transactions | 3% of transaction quantity plus GST | ||
SBI Card modifications
Starting April 1, 2024, SBI Cards is not going to earn reward factors on lease funds for particular credit score cards. Additionally, for some cards, reward factors earned from lease funds will expire on April 15, 2024.
