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SBI Classic Visa Card

SBI Cards Classic Visa (Domestic Credit Card)

Minimum Income Eligibility
Public Ltd./PSU (in Rs. p.a.)75000
Self – Employed (in Rs. p.a.)60000
Salaried (in Rs. p.a.)75000
Fee Details
Joining Fees (in Rs.)250
Annual Fees (in Rs. p.a.)500
Add-On Card Fees (in Rs. p.a.)250
Renewal Fees (in Rs. p.a.)500
Card Replacement Fee (in Rs.)100
Photo Card Fees (in Rs.)No Fee
Credit Details
Interest Rate (% p.m.)2.5
Effective Interest Rate Per Annum (in %)34.49
Maximum Credit50 days
Minimum Payment Due5 % of the total outstanding amount
Late Payment Charges2.5% of the total amount due or Rs 100 whichever is higher
Cash Advance Details
Transaction Fee2.25 % (Min Rs. 50)
Interest Rate (% p.m.)2.5
Cash Advance Limit (in Rs.)Can withdraw upto 40% of the credit limit upto a maximum of Rs 10,000 per day
Reach
Merchant outlets1,05,000
ATM Oulets In India0
ATM Oulets Outside India0
Designated BranchesN.A.
Lost Card Liability
Before reporting lossUnlimited
After reporting loss1000
Insurance
Air accident Cover (in Rs.)400000
General Accident Cover (in Rs.)200000
Add-On Card Cover (in Rs.)No Cover
Baggage Cover (in Rs.)No Cover
Credit Shield on death (in Rs.)No Charge
Purchase Protection Cover (in Rs.)No Cover
Special FeaturesN.A.
ExceptionsN.A.
Additional InfoCash withdrawal facility is through the branches of SBI and no ATM withdrawal facility is available as of now

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