The State Bank of India has partnered with Paytm and launched the Paytm SBI Card SELECT. With this credit card, you can earn a lot of rewards when you make payments via Paytm. The joining fee for the card is Rs.1,499.
Welcome benefits
Cashback benefits
Airport lounge benefits
Insurance benefits
Milestone benefits
Fuel benefits
Type of Charge | Amount |
Renewal fee | Rs.1,499 |
Joining fee | Rs.1,499 |
Late payment fee |
|
Finance Charges | Up to 3.35% monthly |
Add-On card fee | Nil |
Cash advance fee |
|
Finance Charges | 3.50% per month or 42% per annum |
Payment dishonor fee | 2% of the payment amount; minimum of Rs.450 |
Statement request | Rs.100 per statement (more than 2 months old) |
Cash payment fee | Rs.250 |
Cheque payment fee | Rs.100 |
Over limit fee | 2.5% of the over limit amount; minimum of Rs.600 |
Rewards redemption fee | Rs.99 |
Foreign currency transaction | 3.50% |
Proof of Address |
|
Income Proof |
|
Identity Proof |
|
Yes, you can always re-apply for the Paytm SBI Credit Card via the bank's website or by visiting an SBI branch. This should be done after 6 months of your first application having been rejected.
Once your application for the card has been approved and your documents have been verified, you will get the card within 7 business days.
You should reach the age of 21 years to be able to apply for the Paytm SBI Card SELECT.
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