Doctors are considered to be next to god in many parts of the world. This profession is one of the noblest. Being a doctor comes with a lot of responsibilities. While doctors across the world put in efforts to serve the mankind using their skills and knowledge, banks are coming up with innovative ways to acknowledge their contribution to the society. The State Bank of India, one of India’s largest lending organisation has introduced the Doctor’s SBI card. This is the only credit card that is associated with the prestigious Indian Medical Association. These cards can be personalised with the cardholder’s name engraved on them. Let’s check out its other features and benefits in detail.
Doctor’s SBI card is equipped with some useful features that the cardholders can make use of. Listed below are some of them:
Doctor’s SBI card comes with a bunch of attractive benefits that the cardholders can enjoy.
Listed below are some of them:
|Fees and Charges||Amount|
|Finance charges||Up to 3.35% per month and 40.2% per annum|
|Interest-free credit period||20-50 days|
|Cash advance limit||Up to 80% of the limit of credit|
|Cash advance (finance charges)||Up to 3.35% per month and 40.2% per annum (from the date of withdrawal)|
|Cash advance fee||2.5% of the transaction amount (subject to a minimum of Rs.300)|
|Statement retrieval||Rs.100 per statement that is older than 2 months|
|Payment dishonour fee||2% of the amount to be paid (subject to a minimum of Rs.450)|
|Cheque fee||Rs.100 (For payments made through cheque up to Rs.2,000)|
|Late payment fee||
|Overlimit charges||2.5% of the over limit amount (subject to a minimum of Rs.500)|
|Emergency card replacement fee||RS.100 in India and Rs.0 if the card is lost abroad|
|Rewards redemption fee||Rs.99|
|Cash payment fee||Rs.100|
|Surcharge on railway tickets over the counter||Rs.30 plus 2.5% of the transaction amount|
|Railway tickets bought through irctc.co.in||1.8% of the transaction amount plus service charge|
|Fuel surcharge||1% fuel surcharge waiver|
|Minimum amount due||5% of the total outstanding amount|
Individuals can apply for a Doctor’s SBI card in three different ways:
Eligibility Criteria for Doctor’s SBI Card
To procure the Doctor’s SBI card, an applicant will need to meet the eligibility criteria that are mentioned below:
Documents Required for Doctor’s SBI Card
The applicant must submit the following documents in order to procure a Doctor's SBI card:
No, only the primary cardholder will need to be a doctor. The add-on credit cards can be availed by family members who are not doctors.
Cardholder will need to call 1860-180-1290 or 3902-0202 (prefix local STD code).
While filing an application online for the Doctor’s SBI card, you will need to upload documents like the proof of identity, proof of address, and self-attested copies of their degrees or registration certificates from the State Medical Council or the Medical Council of India.
Primary cardholders can apply for a maximum of 5 cards for their family members.
Yes, the annual fee is inclusive of GST.
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