State Bank of India (SBI), one of India’s largest banks, has vowed to increase debit card charges from April 1, 2024. Please read this article completely once so that you can also know.
SBI Debit Card Charges Increase
Now, SBI Bank offers many types of cards, including Classic Debit Cards, Platinum Debit Cards, and Premium Business Debit Cards. Let’s see how much the charges are.
Classic Debit Card
Current Fee: Rs. 125/- + GST
Revised Fee: Rs. Rupee. 200/- + GST
Classic Debit Card
Current Fee: Rs. 175/- + GST
Revised Fee: Rs. 250/- + GST
Platinum Debit Card
It has been increased from Rs 250 + GST to Rs 325 + GST.
Premium Business Debit Card
Current Fee: Rs. Rs.350/- + GST
Revised Fee: Rs. 425/- + GST
Other debit card charges: Debit card issue charges, replacement charges and many other charges
Now, apart from the annual fee, SBI also charges other charges on its debit cards:
Debit Card Issuance Charges:
Classic/Silver/Global/Contactless Debit Card: NIL
Gold Debit Card: Rs. Rs.100/- + GST
Platinum Debit Card: Rs. Rs 300/plus GST
Debit Card Replacement Fee:
Rs. 300/- plus GST
Regeneration of Duplicate PIN/PIN:
Rs. 50/- and GST
International Transaction Fee:
Balance inquiry at ATM: Rs. Rs 25/- and GST at Rs 7.
On ATM cash withdrawal transactions: Rs. 100/- min. + 3.5% of transaction amount + GST
Point of sale/e-commerce transactions:
3% of transaction amount + GST
If you have any other problems, you can visit the official website of SBI. Keep an eye on your bank statements and be aware of fees associated with your debit card use. Please share this information with everyone.
