KEY FACT STATEMENT

Extended Credit
Interest Free Credit Period 20-50 days (applicable only on retail purchases and if previous month’s
outstanding balance is paid in full) 15-32 days (applicable only in case of SBI Corporate Utility Card)

Finance Charges Up to 3.35% p.m. (40.2% p.a.) from the transaction date (It is a charge card
and does not offer revolving facility)

Total Amount Payable Total Outstanding Due

Cash Advance

Cash Advance Limit Variable (If Applicable)

Free Credit Period Nil

Finance Charges Up to 3.35% p.m. (40.2% p.a.) from the date of withdrawal

Cash Advance Fees

SBI ATMs/Other Up to 2.5% of withdrawal amount or Up to Rs. 450 (WIH) per transaction
Domestic ATMs
International ATMs Up to 3% of withdrawal amount or Up to Rs. 450 (WIH) per transaction

Other Charges & Fees

Payment Dishonor fee 2% of payment Amount (subject to a minimum of Rs. 350)

Statement Retrieval Nil

Overlimit fees Not Applicable on Corporate Cards

Late Payment Nil for Total Amount due from Rs. 0- 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

Emergency Card Replacement Complimentary

Foreign Currency Transaction Conversion mark up: Up to 3.5%

Cash Payment Fees Rs. 100 + Applicable taxes

Card Replacement Rs. 100 - Rs. 250

Cheque Pickup Up to Rs. 90

Annual Reward Fee Up to Rs. 300 + Applicable Taxes

Rewards Redemption Fee Up to Rs. 99 + Applicable Taxes

Annual Priority Pass Fee Up to Rs. 180 for Platinum and Complimentary for Signature

Priority Pass Charges All Airport Lounge visits within and outside India through the Priority Pass Program
will be charged with a usage fee of $27 per visit + applicable taxes. For more details,
please visit sbicard.com
SMA Sub-categories Basis for classification [Principal or interest payment or any
other amount wholly or partly overdue]
SMA – 0 Upto 30 days from Payment Due Date (‘PDD’).
SMA – 1 More than 30 days &upto 60 days from PDD
SMA – 2 More than 60 days &upto 90 days from PDD
8. *SCHEDULE OF CHARGES

Fees Platinum Signature Virtual Card

Joining Fee (one time) NIL NIL NIL
Annual Fee (p.a.) NIL Rs.499 NIL
Extended Credit
Interest Free Credit 20-50 days (applicable only on
Period retail purchases and if previous month’s outstanding
balance is paid in full)
15-32 days (applicable only in case of SBI Corporate Utility Card)

Finance Charges# Upto 3.35% p.m. (40.2% p.a.) from the transaction date
(It is a charge card and does not offer revolving facility)

Total Amount Payable Total Outstanding Due

Cash Advance (If Applicable)

Cash Advance Limit (If Applicable) Variable

Free Credit Period Nil
Finance Charges# Upto 3.35% p.m. (40.2% p.a.) from the date of withdrawal

Cash Advance Fees (If Applicable)

SBI ATMs / Other Upto 2.5% of withdrawal amount

Domestic ATMs or upto Rs. 450 (WIH) per transaction
International ATMs Upto 3% of withdrawal amount or
upto Rs. 450 (WIH) per transaction

Other Charges & Fees (If Applicable)

Cash Payment Fee Rs. 100

Cheque Pickup Rs. 90
Statement Retrieval Nil
Cheque Payment Fee Rs. 100
Payment Dishonor fee 2% of Payment amount (subject to a minimum of Rs. 350)

Late Payment NIL for Total outstanding amount from Rs.0-Rs.200;

Rs.100 for outstanding amount greater than Rs.200 &
upto Rs.500; Rs.400 for outstanding amount
greater than Rs.500 & upto Rs.1000;
Rs.500 for outstanding amount greater than Rs.1000 &
upto Rs.10,000;
Rs.750 for outstanding amount greater than Rs.10,000

Overlimit Emergency Card Not Applicable for Corporate Card Complimentary

Replacement
Foreign Currency Transaction Conversion mark up: Upto 3.5%
Annual Priority Pass Fee Upto Rs. 180 for Platinum and Complimentary for Signature
Priority Pass Lounge Charges All Airport Lounge visits within
and outside India through the Priority Pass Program will be
charged with an usage fee of $27 per visit + applicable taxes.
For more details, please visit sbicard. com
All guests being accompanied by the SBI Cardholder having
the Priority Pass, to visit the Airport Lounge will be charged
with an usage fee of $27 per visit + applicable taxes.
Annual Reward Fee Upto Rs. 300
Rewards Redemption Fee Rs. 99

Surcharge

Railway Tickets Rs. 30 + 2.5% of transaction amount

-Railway Counters 1.8% of transaction amount + service charge,
Railway Tickets as applicable 1% of transaction value.
www.irctc.co.in 1% surcharge waiver
Petrol & all products (excluding all applicable taxes
/services sold at petrol Pumps wherever applicable + other charges)
for single transaction spends between Rs.500 and Rs.4000
for Signature & Platinum Cards
Maximum surcharge waiver of Rs.250
per statement cycle per Corporate Card account for
signature & platinum cards

Payment of Customs duty 2.25% of transaction amount

(subject to a minimum of Rs. 75)

Order of Payment Total Amount Due (which is inclusive of

applicable taxes), followed by fees and other charges,
Interest charges, retail outstanding and cash advance.

*Any changes in schedule of charges will be communicated via email and will be available on our
website www.sbicard.com
# Card Finance charge is dynamic and will be based on the cardholder’s usage and payment patterns
and is subject to periodic review.

All taxes would be charged as applicable on all the above Fees, Interest & Charges.
“Applicable Taxes” (for Statements issued on or after 1st July, 2017) means:
• For the cardholders having state of residence in the records of SBI Card on the statement date
as“Haryana” - Central Tax @ 9% and State Tax @ 9%
• For the cardholders having state of residence in the records of SBI Card on the statement date as
other than “Haryana” - Integrated Tax @ 18%
Your continued usage of the card will be deemed as acceptance of these amendments.

SBI Card Helpline

39 02 02 02 (prefix local STD code), 1860 180 1290
All terms & conditions mentioned in this document (including schedule of charges) are the standard
conditions and charges applicable to all Corporates. Any changes to these would be mutually agreed
between SBICPSL and the respective corporate through a separate addendum or would be a part of
the Corporate Card agreement signed with the Corporate.

All information in this communication is correct as per 1st July 2022 and is subject to change at the
discretion of SBICPSL. SBI Card Most Important Terms and Conditions are also available at
www.sbicard.com

SBI Cards & Payment Services Ltd.

P.O. Bag No. 28, New Delhi - 110 001
Please visit our website at: www.sbicard.com

Corporate Card_MITC_CL_NONEDIT_EN _062022_V1