SBI Corporate Utility Credit Card

Joining Fee

Nil

Annual Fee

Nil

Extended credit - Interest Free Period

A period of 15 to 32 days and this is applicable only on retail related shopping, if the outstanding balance amount from the previous month is paid completely

Extended credit - Finance Charges (only for a consolidated statement)

A maximum of 3.35% per month or 40.2% per annum calculated from the date of transaction.

Total Amount Payable

For consolidated statement it is the total outstanding amount due.

Extended credit - Minimum Amount Due

It is the total amount that is due

Payment dishonor fee

2 % of the cheque amount or a minimum of Rs. 450

Overlimit

NA

Foreign Currency Transaction

Conversation markup : 3.5%

Replacing the card

Complementary

Order of Payment

The first is the total amount that is due and this includes settlement of GST. This is then followed by fees and other charges followed by interest charges, retail outstanding and finally cash advance.

Cash Advance Fee

1. 2.5% of the transaction amount subject to a minimum of Rs.450 for SBI ATMs
2. 3% of the transaction amount subject to a minimum of Rs.450 for International ATMs

Late Payment Charges

1. For a total amount due between Rs.0 and Rs.200 - Nil
2. Between Rs.200 and Rs.500 - Rs.100
3. Between Rs.500 and Rs.1,000 - Rs.400
4. Between Rs.1,000 and Rs.10,000 - Rs.500
5. More than Rs.10,000 - Rs.750

Annual Reward Fee

Rs.300

Rewards redemption fee

Rs.99

Cheque Pickup

Rs.90

Cheque Fee

Rs.100

Surcharge

1. 1.8% of the transaction cost + GST through IRCTC
2. Rs.30 +2.5% of the transaction amount at railway counter
3. Petrol surcharge is 1% for amount between Rs.500 and Rs.4,000.