Most

Important
Terms &
Conditions
Most Important Terms & Conditions - SBI Corporate Card
(Applicable only for Corporate Liability Customers)

1. FEES AND CHARGES

A. Joining Fees, Annual Fees & Renewal Fees(if applicable)
There are joining fees, annual fees and renewal fees
applicable on the SBI Corporate Card (SBI Card). These
fees may vary from Corporate to Corporate and may also
vary from Cardholder to Cardholder, and from offer to offer.
These shall be as communicated to the Corporate and the
Cardholder at the time of applying for the corporate card.
The joining and annual fees, as applicable, are directly
charged to the Cardholder account and the same would be
displayed in the card statement of the month in which it is
charged.
B. Cash Advance Fees(if applicable)
The Cardholder can use the Card to access cash in an
emergency from ATMs / Cash points in India or ATMs
overseas. A transaction fee would be levied on all such
charges and would be billed to the Cardholder in the next
statement. A transaction fee of 2.5% or upto Rs 450
whichever is higher at domestic SBI ATMs / Cash points,
and upto Rs.450 or 2.5% whichever is higher, at other
domestic ATM's and 3% or upto Rs. 450, 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 service charge from the date of withdrawal until
the date of settlement. The service charge is currently Upto
3.35% per month [40.2% per annum] and is subject to
change at the discretion of SBICPSL.
C. Cash Payment Fees
The Cardholder can walk into any SBI branch and pay SBI
Card dues by mentioning the Corporate Card number &
Amount in the pay-in slip and depositing the same at the
branch counter. An instant payment acknowledgment
receipt will be provided after paying your bill. This service is
available at Rs. 100 + applicable taxes.

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D. Charges
i. Charges and fees, as may be applicable from time to time,
are payable by the Corporate and its Cardholders for
specific services provided by SBICPSL to the Corporate and
its Cardholder or for defaults committed by the Cardholder
with reference to his Card account
ii. SBICPSL retains the right to alter any charges or fees from
time to time or to introduce any new charges or fees, as it
may deem appropriate, with due intimation to Corporate.
E. Interest Free Grace Period
The interest free credit period could range from 20 to 50 days
subject to submission of claims by the merchant. However,
this is not applicable if the previous month's balance has not
been cleared in full or if the Cardholder has availed of cash
from any ATM / Cash Point.
F. Finance Charges (Service Charges)
Finance Charges are payable at the monthly percentage
rate on all transactions from the date of transaction in the
event of the Corporate or the Cardholder choosing not to pay
his balance in full, and on all cash advances taken by the
Cardholder, till they are paid back.
If the Corporate or the cardholder makes partial or no
payment of Total Amount Due(TAD) before Payment Due
Date (PDD); i.e. the Customer has outstanding balance from
previous months and in the current month, full payment of
Total Amount Due is made before Payment Due Date then
Finance charges will be levied on the closing balance till the
payment date.
Card Interest Rate is dynamic and will be based on the
Cardholder's usage and payment patterns and is subject to
periodic review. The rate of finance charges may increase to
a maximum of 3.35% per month [40.2% per annum] from the
transaction date and is subject to change at the discretion of
SBICPSL. Finance charges, if payable, are subject to levy of
applicable taxes and are debited to the Cardholder's
account till the outstanding on the card is paid in full.
a) Finance charges on cash advances (if applicable) are
applicable from the date of transaction until the payment is
made in full

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Example 1 Card Statement date -2nd of every month
Transactions done between 3rd Mar'17-2ndApr'17are as
follows:
1. Retail Purchase of INR. 5000 – On 10th Mar'17
2. Cash Withdrawal (if applicable) of INR.7000 – On 30th
Mar'17
Assuming no previous balance carried forward from the 2nd
Mar'17 statement, the cardholder will get his 2nd Apr'17
statement showing Rs. 12,000 of transactions along with 3
days of finance charges at the rate applicable on the Rs.
7,000 cash withdrawal. The cardholder needs to make
payment against the outstanding by 22nd Apr'17, i.e. 20
days from the Statement date. Please note that all payments
for a cardholder's SBI Corporate Card account has to be
settled in full (Total Amount Due) by payment due date. The
payment would be first cleared against taxes, followed by
fees and other charges, Interest charges, retail outstanding
and Cash Balance (if any) last. In case of any previous
balance being carried forward from the previous statement,
finance charges will be levied from the previous statement
date (unless in the case of non-interest levied outstanding
retail balance where the finance charge is levied from the
date of the transaction).
b) In case the statement outstanding has no cash balance
and has not been carried forward from a previous statement
and the retail balance outstanding on the statement date is
paid in full by the payment due date, No Finance Charges
are levied on such balances.
Example 2 – Card Statement date – 2nd of every month.
Transactions done between 3rd Jan'17– 2nd Feb'17are as
follows:
1. Retail Purchase of INR. 10000 –On 5th Jan'17
2. Online Purchase of INR. 30000 – On 15th Jan'17
Assuming no previous balance carried forward from the 2nd
Jan'17statement, the cardholder will get his 2nd Feb'17
statement showing Rs. 40,000 transactions. The cardholder
needs to make payment against the outstanding by 22nd
Feb'17, i.e. 20 days from the Statement Date. Please note
that all payments for a cardholder's SBI Corporate Card
account has to be settled in full (Total Amount Due) by
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payment due date. The payment would be first cleared
against taxes, followed by fees and other charges, Interest
charges, retail outstanding and Cash Balance (if any) last. In
case of any previous balance being carried forward from the
previous statement, finance charges will be levied from the
previous statement date (unless in the case of non-interest
levied outstanding retail balance where the finance charge
is levied from the date of the transaction).
Making only the minimum payment every month would
result in the repayment stretching over the years with
consequent interest payment on the outstanding
balance of the cardholder.

Example 3: Card Statement date – 2nd of every month.

Transactions done between 3rd Dec'17 – 2nd Jan'17
1. Retail Purchase of Rs 500 – On 15th Dec'17
2. Online Purchase of Rs 600 – On 20th Dec'17
Assuming no previous balance carried forward from the 2nd
December 2017 statement, the Cardholder will get his 2nd
Jan'17 statement showing Rs 1100 transactions, Total
Amount Due of Rs 1100. The Cardholder needs to make
payment against the outstanding by 22nd Jan'17, i.e. 20
days from the Statement Date.
Assuming the Cardholder makes partial payment of Rs 500,
on 22nd Jan'17, finance charges would be levied at the
effective rate and added to the total outstanding.
Considering the effective rate of 3.35% p.m.,finance charge
calculation will be done as follows–
On the balance of Rs 500 (15th Dec to 22nd Jan) for 39 days:
(3.35*12) * (39/365) *500/100 = Rs 21.48
On the balance of Rs 600 (20th Dec to 22nd Jan) for 34 days:
(3.35*12) * (34/365) *600/100 = Rs 22.47
On the balance of Rs 600 (22nd Jan to 2nd Feb) for 10 days:
(3.35*12) * (10/365) *600/100 = Rs 6.61
Total Interest Charged = Rs 50.56

Transactions done between 3rd Feb'17 – 2nd Mar'17

1. Beginning balance of Rs 650.56 – On 3rd Feb'17
2. Retail Purchase of Rs 1000 – On 5th Feb'17
3. Online Purchase of Rs 3000 – On 15th Feb'17
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 Assuming previous balance of Rs 650.46 carried forward
from the 2nd Feb '17 statement, the Cardholder needs to
make payment against the outstanding by
22nd Feb'17, i.e. 20 days from the Statement Date.
Assuming Cardholder makes complete payment by 15th
Feb i.e. within Payment Due Date. Considering the effective
rate of 3.35% p.m., finance charge calculation will be done
as follows:
On the balance of Rs 650.56 (3rd Feb – 15th Feb) for 12
days:
(3.35*12) *(12/365) * 650.56/100 = Rs 8.60
Total Interest Charged = Rs 8.60
Sum of Outstanding purchase amount, Interest charges,
Fees and Charges, if any, and all applicable taxes would
reflect as the Total amount due in the statement dated 2nd
March.
G. Late Payment Charges
Late Payment charges will be applicable if Total Amount Due
is not paid by the payment due date.
NIL for Total Amount due from Rs. 0-Rs. 200;
Rs.100 for Total Amount due greater than Rs. 200 & up to Rs.
500;
Rs. 400 for Total Amount due greater than Rs. 500 & up to
Rs.1000;
Rs. 500 for Total Amount due greater than Rs.1000 & up to
Rs.10,000;
Rs.750 for Total Amount due greater than Rs.10,000

Example 1 - Card Statement date – 2nd of every month.

Transactions done between 3rd Feb'17– 2nd Mar'17areas
follows:
1. Retail Purchase of INR. 2000 – On 8th Feb'17;
2. Online Purchase of INR. 2500 – On 19thFeb'17.
Assuming no previous balance carried forward from the 2nd
Feb '17 statement, the cardholder will get his 2nd Mar
statement showing Rs. 4500 transactions. The cardholder
needs to make payment against the outstanding by 22nd
Mar'17, i.e. 20 days from the Statement Date. If the
cardholder does not make full payment (i.e Total Amount
Due) by payment due date, he would be charged a Late
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 Payment Charge of Rs. 500 (Rs. 500 for Total Amount Due
from Rs. 1,001 - Rs.10,000).
H. Over Limit Charges – Not applicable for Corporate Cards
I. Payment Dishonor Fee
In case of a Payment Dishonor, the Corporate Cardholder
will be charged payment dishonor fee of 2% of Payment
Amount subject to minimum charges of Rs 450.
J. Other charges(if applicable):
· Card Replacement Fee: Rs. 100/- – Rs. 250/-
· Cheque Fee: Rs 100 (Payments made via cheque upto Rs.
2000)
· Cheque Pick Up Fee: Rs.90/-
· Statement Retrieval Fee: Rs 100/- per statement for
statements more than 2 months' old
· Foreign Currency Transaction fee: Upto 3.5% The
exchange rate used to convert Foreign Currency transaction
into INR will be determined by VISA/MasterCard, as the
case may be, basis the exchange rates governed by them
on the date the transaction is settled with SBI Card, which
may not be the same date on which the transaction was
made. The Foreign currency transaction fee will be applied
on the INR converted amount shared by VISA/MasterCard.

2. LIMITS
Credit Limit and Cash Limit (if applicable) are assigned to
Cardholders based on the instructions received from the
Corporate Card Program Manager. These limits are
communicated to the cardholder at the time of card delivery.
The Credit Limit and Cash Limits (if applicable) are
communicated to the Cardholder in every statement. The
Available Credit Limit (i.e. the Credit Limit available for use) at
the time of the statement generation is provided as a part of the
statement. SBICPSL will may review the corporate level limit
Cardholder account periodically, and increase or decrease the
Cardholder credit limit the same based on internal criteria or
basis request received from the Corporate Card Program
Manager. Any such changes may also impact Cardholders
limit and the same would be informed to the Corporate Card
Program manager who can further disseminate this
information to the respective cardholders. Cardholders
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 seeking to have their credit limit increased can do so by writing
to SBICPSL however SBICPSL, at its sole discretion and
based on request received and approval of the Corporate Card
Program Manager, may increase the Credit Limit of the
Cardholder.

3. BILLING AND STATEMENT

a)SBICPSL will send the Cardholder a monthly statement
showing the payments credited and the transactions debited
to the Cardholder's Account since the last statement.
SBICPSL will send a statement through email to the
registered email id, on a pre-determined date.
In case of SBI Corporate Utility Card, there shall be a
statement of account issued on 2nd day of every month. The
payment due date for this consolidated statement of account
shall be 17th day of that month. In addition, for convenience
of the corporate, an unbilled transaction summary shall also
be issued on 13th day of the same month wherein the debit
transactions for a period between 3rd to 13th of the same
month are duly reflected.
b)SBI Corporate Card does not offer the cardholder a revolving
credit facility. Total Outstanding in any particular statement
has to be paid in full to avoid any penal charges.
c)Payments made towards the card outstanding are
acknowledged in subsequent statements. Any dispute
regarding input tax credit or any other matter pertaining to
taxes shall be communicated to Corporate Card Issuer
within 30 days from the date of issuance of the Statement
d)Payments received against the Cardholder's card
outstanding will be adjusted against the taxes, fees and
other charges, interest charges, purchases and cash
advances, in that order. Corporate would be responsible for
providing correct and timely information for enabling
Corporate Card Issuer to undertake appropriate GST
compliances which would in turn enable Corporate to take
input tax credit of supplies made by the Corporate Card
Issuer. Card issuer shall not be responsible for any loss of
input tax credit or delay in availment of input tax credit to the
card holder on account of incorrect information provided by

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 Corporate or due to any act or omission by Corporate.
e)Payments towards the Card account may be made in any of
the following ways:
- By logging onto www.sbicard.com and using Paynet option
to make payment through netbanking or your SBI ATM cum
debit card.
- By mailing a Cheque or draft to the mailing address provided
in the reverse of the statement.
- By dropping a Cheque or draft into any of the SBI Card drop
boxes placed in your city or in designated State Bank of India
branches. The Cheque/draft should be made payable to
“SBI Card Number xxxx xxxx xxxx xxxx”.
· - ECS: Payments can be made through the Electronic
Clearing System (ECS) in select cities.
· NEFT:
Beneficiary Name: SBI Cards and Payment Services Pvt.
Ltd, Bank Address State Bank of India, GE Capital
Branch(04401), 12th Floor, Infinity Towers, Tower-C, DLF
Phase- II, Gurugram-122002
Bank Account Number- 30000712414
IFSC code: SBIN0004401
f) SBI Card Offers various mode of making payments of bill
outstanding, the same is illustrated at the back of the
monthly statement and SBI Card website. Any advance
received from Corporate or the card holder shall be treated
as being an advance towards future spends and not against
any charges/fees.
g)Billing Disputes: All contents of statements will be deemed to
be correct and accepted by the Cardholder unless within 30
days of the Statement Date the Corporate or the Cardholder
informs SBICPSL of any discrepancies, and these
discrepancies are found to be true by SBICPSL. On receipt
of such information, SBICPSL may reverse the charge on
temporary basis. If on completion of subsequent
investigations, the liability of such charges is to the
Cardholder's account, the charge will be reinstated in a
subsequent statement.
h)Customer Grievance Redressal: All grievance escalations
should be marked to Head- Corporate Customer

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 Management, DLF Infinity Towers, Tower C, 12th Floor,
Block 2, Building 3, DLF Cyber City, Gurugram-122002
(Haryana) India.
The Corporate Card Program Manager or the Cardholder
can also contact SBICPSL for making any enquiries or for
any grievance redressal through an e-mail to
sbicorporate.services@sbicard.comor through the 24-Hour
SBI Card Helpline: 1860 180 1290 , 39 02 02 02 (prefix local
STD code) - from time to time for settlement of any
outstanding on the card account, by post, fax, telephone, e-
mail, SMS messaging and/or engage third parties to remind,
follow up and collect dues. Any third party so appointed,
shall adhere fully to the code of conduct on debt collection.
The total Outstanding on the Card account, together with the
amount of any Charges effected but not yet charged to the
Card Account, will become immediately due and payable in
full to SBICPSL on bankruptcy of the Corporate and the
Card Account shall immediately stand Cancelled. The
Corporate will be responsible for settling any Outstanding on
the Card Account and should keep SBICPSL indemnified
against all costs, including legal fees and expenses incurred
in recovering such Outstanding. Pending such repayments,
SBICPSL will be entitled to continue to levy finance charges
at its prevailing rates.

4. DEFAULT
In the event of default, the Corporate Card Program Manager
and the Cardholder will be sent reminders from time to time for
settlement of any outstanding on the card account, by post,
fax, telephone, e-mail, SMS messaging and/or engage third
parties to remind, follow up and collect dues. Any third party so
appointed, shall adhere fully to the code of conduct on debt
collection and SBICPSL's Fair Practice Code. The total
Outstanding on the Card account, together with the amount of
any Charges effected but not yet charged to the Card Account,
will become immediately due and payable in full to SBICPSL
on bankruptcy of the Corporate or death of the Cardholder and
the Card Account shall immediately stand cancelled. The
Corporate will be responsible for settling any Outstanding on

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 the Card Account and should keep SBICPSL indemnified
against all costs, including legal fees and expenses incurred in
recovering such Outstanding. Pending such repayments,
SBICPSL will be entitled to continue to levy finance charges at
its prevailing rates.
SBICPSL at its sole discretion may provide some insurance
cover along with the Corporate Card and shall have full right to
withdraw the same without any prior notice to the
corporate/cardholder. SBICPSL shall update the details of
such offerings at the website at all times. For updated details,
Corporate/Cardholders shall refer to www.sbicard.com. The
respective insurance cover will be applicable and/or activated
from the date of issuance of corporate card to the corporate
cardholder.

5. TERMINATION/REVOCATION OF THE
CARDHOLDERSHIP
a)The Corporate Card Program Manager or the Cardholder
with an approval from the Corporate Card Program
Manager may end the Agreement at any time by writing to
SBICPSL and by cutting the card(s) diagonally. Termination
will be effective after payment of all amounts outstanding on
the card account is cleared by the corporate. No joining or
renewal/annual fees shall be refunded on a pro-ratabasis.
b)SBICPSL may also restrict, terminate or suspend the use of
the Cardholder Account at any time without prior notice, if
SBICPSL reasonably believe it necessary for business or
security reasons and/or at the request of any law
enforcement agency, and/or any government authority
and/or under the laws & regulations which apply to
SBICPSL& its customer.
c)SBICPSL can suspend the facility on the Corporate Card, if
the Corporate/cardholder defaults on the payment due or
exceeds the credit limit extended. The Card must not be
used after the Agreement ends or while use of Card Account
is suspended. In such a situation, the Corporate must
(subject to any default or other notice required by
law)immediately pay SBICPSL the aggregate Outstanding
Balance on all the Cards. This includes all amounts due to

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 SBICPSL under the Agreement, including all transactions
and other amounts not yet charged to the Account. The
Cardholder Account will not be considered as closed until
the Corporate has paid all such due amounts.

6. LOSS/THEFT/MISUSE OF CARD
a)The Cardholder should contact SBICPSL as soon as
possible at the SBI Card Helpline if the Corporate Card is
misplaced, lost, stolen, mutilated, not received when due or
if he/shesuspects that the Corporate Card is being used
without the Cardholder's permission. Once a card is
reported lost, it should not, under any circumstance be used
if found by the Cardholder subsequently, and the Cardholder
should cut the card diagonally in half.
· The Cardholder can also block the card instantly either on
IVR or our website www.sbicard.com or through PULL SMS
· To block your lost/stolen card through PULL SMS, just SMS
BLOCK XXXX to 5676791 from your registered mobile
number. (XXXX = Last 4 digits of your Card number). If you
do not receive a confirmation SMS within 5 minutes of your
request, please do not consider the card to have been
blocked. Please call up the help line to get your card blocked
immediately and to avoid any misuse.
b)The Corporate and/or Cardholder must notify to SBICPSL
through any of the multiple channels for reporting
unauthorized transactions that have taken place and/or loss
or theft of the Card. SBICPSL will be responsible for any
unauthorized electronic banking transactions only in terms
of and in accordance with the directions on “Customer
Protection – Limiting Liability of Customers in Unauthorized
Electronic Banking Transactions”.
SBICPSL is not liable or responsible for any transactions
incurred on the card account prior to the time of reporting of
the loss of the card to SBICPSL and the
Cardholder/Corporate will be wholly liable for the same
unless the loss to the customer is due to deficiency on the
part of SBICPSL.The Corporate will not be liable for
transactions made on the Card after receipt by SBICPSL of
the written notice of the loss/theft/misuse.In addition to

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 notifying SBICPSL about the loss or theft of the Card, the
Cardholder must report any theft of the Corporate Card(s) to
the Police and lodge an FIR. The Cardholder will, however,
be liable for all losses when someone obtains and misuses
the Card or PIN with the Cardholder's consent.
c)If the Cardholder has acted fraudulently the Cardholder will
be liable for all losses. If the Cardholder acts without
reasonable care, the Cardholder may be liable for all losses
incurred. This may apply if the Cardholder fails to follow the
safeguards as specified by SBICPSL.
d)SBICPSL may, without referring to the Cardholder -, give the
police or other relevant authorities any information that
SBICPSL considers relevant about the loss, theft or misuse
of a Card or PIN.
e)Changes in contact details of your Corporate Card account
would be intimated to your new as well as preceding contact
details in the system. It is advised to keep your current
contact details updated in our records.

7. DISCLOSURE
The Corporate and/orCardholder acknowledges that
SBICPSL is authorized to share Corporate's and/or
Cardholder's information with any of the existing or future
credit bureaus only after issuing sufficient notice about the
intention to report Corporate and/or Cardholder and such
information may pertain to positive or negative
performance/default by the Corporate and its Cardholders.
Such update may take 45-60 days to reflect in credit bureau
report. The Credit Information Bureau India Ltd. (CIBIL), is an
initiative of the Government of India and the Reserve Bank of
India (RBI) to improve the functionality and stability of the
Indian financial system. This is in line with RBI's efforts to
provide an effective mechanism for exchange of information
between banks and financial institutions, thereby enabling
cardholders to avail of better credit terms from various
institutions. The Corporate further acknowledges that
SBICPSL is authorized to share Corporate's information,
including default in payments with Financial Institution, to
other third parties engaged by SBICPSL for proper operation
of card accounts, verification and other administrative
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 services. SBICPSL may also share Corporate information with
any parent, subsidiary, affiliate or associate of SBICPSL, for
the purposes of marketing and offering various products and
services of SBICPSL or its group companies, subsidiaries,
affiliates and/or associates.
SBI Card Most Important Terms and Conditions are also
available at www.sbicard.com

Important Regulatory information

- The Card is valid for use both in India as well as abroad. It is,
however, not valid for making foreign currency transactions
in Nepal and Bhutan.
- Usage of the Card for transacting outside India must be
made in accordance with applicable laws including the
Exchange Management Regulations of the RBI and the
Foreign Exchange Management Act,1999. Foreign
exchange trading through internet trading portals is not
permitted. In the event of any violations or failure to comply,
you may be liable for penal action. You should consult your
Authorized Dealer (AD) regarding your Foreign Exchange
Entitlement.
- If there is a credit balance on the Corporate Card account,
SBI Card has the right to return this credit balance to the
Corporate.
- Please do not use Corporate Cards for making remittances
/payments towards capital account transactions such as
investment in overseas entities or setting up of entities
overseas as it is not a permissible method of funding under
RBI's Master Direction - Direct Investments by Residents in
Joint Venture/ Wholly Owned Subsidiary Abroad.
- As per RBI Master Circular- on Miscellaneous Remittances
from India facilities for Residents, use of Corporate Card is
prohibited for purchase of prohibited items like lottery
tickets, banned or proscribed magazines, participation in
sweepstakes, payment for call-back services, etc., since no
drawal of foreign exchange is permitted for such
items/activities. Please refer Master Circular on
Miscellaneous Remittances from India facilities for
Residents for more details.

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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 Variable
(If Applicable)
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)
Payment Dishonor fee 2% of Payment amount (subject
to a minimum of Rs. 450)
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Late Payment NIL for Total Amount due from
Rs.0-Rs.200;
Rs.100 for Total Amount due
greater than Rs.200 & up to
Rs.500;
Rs.400 for Total Amount due
greater than Rs.500 & up to
Rs.1000;
Rs.500 for Total Amount due
greater than Rs.1000 & up to
Rs.10,000;
Rs.750 for Total Amount due
greater than Rs.10,000
Overlimit Not Applicable for Corporate
Card
Emergency Card Complimentary
Replacement
Foreign Currency Conversion mark up: Upto 3.5%
Transaction
Annual Priority Pass Upto Rs. 180 for Platinum and
Fee Complimentary for Signature
Annual Reward Fee Upto Rs 300
Rewards Redemption Rs. 99
Fee
Cash Payment fee Upto Rs.100
Surcharge
Railway Tickets Rs. 30 + 2.5% of transaction
-Railway Counters amount
Railway Tickets 1.8% of transaction amount +
www.irctc.co.in service charge, as applicable

15
Petrol & all products 1% of transaction value
/services sold at petrol (excluding all applicable taxes
Pumps wherever applicable + other
charges) for single transaction
spends between Rs.500 and
Rs.4000 for Signature & Platinum
Cards; Rs.500 and Rs.3000 for
all other cards
Maximum surcharge waiver of
Rs.250 per statement cycle per
Corporate Card account for
signature & platinum cards;
Rs.100 per Corporate Card
account for all other cards.
Payment of Customs 2.25% of transaction amount
duty (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.

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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 June 2018

and is subject to change at the discretion of SBICPSL. SBI Card
Most Important Terms and Conditions are also available at
www.sbicard.com

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 SI11052018

SBI Cards & Payment Services Pvt. Ltd.

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