{"id":11984,"date":"2024-03-28T09:18:21","date_gmt":"2024-03-28T09:18:21","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/03\/28\/sbi-revises-annual-maintenance-charges-for-debit-cards-effective-april-1-heres-what-you-need-to-know-india-business-news-times-of-india\/"},"modified":"2024-03-28T09:18:21","modified_gmt":"2024-03-28T09:18:21","slug":"sbi-revises-annual-maintenance-charges-for-debit-cards-effective-april-1-heres-what-you-need-to-know-india-business-news-times-of-india","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/03\/28\/sbi-revises-annual-maintenance-charges-for-debit-cards-effective-april-1-heres-what-you-need-to-know-india-business-news-times-of-india\/","title":{"rendered":"SBI revises annual maintenance charges for debit cards effective April 1: Here’s what you need to know | India Business News – Times of India"},"content":{"rendered":"
\"SBI<\/div>\n
SBI debit card charges: The State Bank of India (SBI) has recently announced revisions to the annual maintenance charges for certain debit cards, set to take effect from April 1, 2024. As per an ET report, these changes aim to streamline the fee structure and ensure continued service quality for cardholders. Below are the key highlights of the revised charges:
Classic debit cards<\/span>
Annual maintenance charges for Classic, Silver, Global, and Contactless Debit Cards will be increased to Rs.200\/- plus GST, up from the previous Rs. 125\/- plus GST.
Yuva and other cards<\/span>
For debit cards like Yuva, Gold, Combo Debit Card, and My Card (Image Card), the annual maintenance fee will rise to Rs. 250\/- plus GST, compared to the earlier Rs. 175\/- plus GST.
Platinum debit card<\/span>
Holders of SBI Platinum debit cards will see their annual maintenance charges go up to Rs. 325\/- plus GST, from the earlier Rs. 250\/- plus GST.
ALSO READ | <\/span>What are FASTag charges? Check details for issuers – SBI, HDFC Bank, ICICI Bank, Airtel Payments Bank & more<\/a>
Premium Business debit card<\/span>
Annual maintenance charges for premium business debit cards such as Pride Premium Business Debit Card will be increased to Rs. 425\/- plus GST, up from Rs. 350\/- plus GST.<\/p>\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
DEBIT CARD ANNUAL MAINTENANCE CHARGES<\/td>\n<\/tr>\n
Sr No<\/td>\nParticulars<\/td>\nExisting Charges<\/td>\nRevised Charges<\/td>\n<\/tr>\n
(01.04.2024)<\/td>\n<\/tr>\n
1<\/td>\nClassic \/Silver\/Global\/Contactless Debit Cards.<\/td>\nRs.125\/ +GST<\/td>\nRs. 200\/ + GST<\/td>\n<\/tr>\n
2<\/td>\nYuva\/Gold\/Combo Debit Card\/My Card (Image Card)<\/td>\nRs.175\/ + GST<\/td>\nRs. 250\/+ GST<\/td>\n<\/tr>\n
3<\/td>\nPlatinum Debit Card<\/td>\nRs. 250\/ +GST<\/td>\nRs. 325\/+ GST<\/td>\n<\/tr>\n
4<\/td>\nPride \/ Premium Business Debit Card<\/td>\nRs.350\/ +GST<\/td>\nRs. 425\/+ GST<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

Note: GST is applicable @ 18%<\/span>
Additional fees like debit card issuance fees, replacement fees, and others.<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Sl.No<\/td>\nParticulars<\/td>\nCharges<\/td>\nRs<\/td>\n<\/tr>\n
1<\/td>\nDebit Card Issuance Charges<\/td>\nClassic \/Silver\/Global\/Contactless Debit Card<\/td>\nNil<\/td>\n<\/tr>\n
Gold Debit Card<\/td>\nRs 100\/- + plus GS<\/td>\n<\/tr>\n
Platinum Debit Card<\/td>\nRs 300\/- + plus GST<\/td>\n<\/tr>\n
My Card (Image Card)<\/td>\n<\/tr>\n
2<\/td>\nDebit Card Annual Maintenance Charges (Recovered at the beginning of the second year onwards)<\/td>\nClassic Debit Card<\/td>\nRs 125\/- plus GST<\/td>\n<\/tr>\n
Silver\/Global Contactless Debit Card<\/td>\nRs 125\/- plus GST<\/td>\n<\/tr>\n
Yuva \/ Gold \/Combo \/ My Card (Image) Debit Card<\/td>\nRs 175\/- plus GST<\/td>\n<\/tr>\n
Platinum Debit Car<\/td>\nRs 250\/- plus GST<\/td>\n<\/tr>\n
Pride\/Premium Business Debit Card<\/td>\nRs 350\/- plus GST<\/td>\n<\/tr>\n
3<\/td>\nDebit Card Replacement Charges<\/td>\nRs 300\/- plus GST<\/td>\n<\/tr>\n
4<\/td>\nDuplicate PIN\/ Regeneration of PIN<\/td>\nRs 50\/- plus GST<\/td>\n<\/tr>\n
5<\/td>\nInternational Transaction Charges<\/td>\nBalance enquiry at ATMs<\/td>\nRs 25 \/- + GST<\/td>\n<\/tr>\n
ATM Cash withdrawal transactions<\/td>\nRs 100\/- min. + 3.5% of Txn. Amt. + GST<\/td>\n<\/tr>\n
Point of Sale(PoS)\/ eCommerce transactions<\/td>\n3% of transaction amount plus GST<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

SBI Card changes <\/span>
Starting April 1, 2024, SBI Cards will not earn reward points on rent payments for specific credit cards. Additionally, for some cards, reward points earned from rent payments will expire on April 15, 2024.<\/div>\n