SBI Revises Annual Maintenance Charges For Debit Cards From April 1
NDTV
SBI is the second largest credit card issuer in the country, with a user base of over 18 million cards.
State Bank of India (SBI) has announced increase in its annual maintenance charges associated with certain category of debit cards. The new rates will be effective from April 1, the first day of the new financial year, as per a release posted on SBI website. The new charges will be applicable on Classic/Silver/Global, Yuva/Gold, Platinum and Pride/Premium Business categories of debit cards, the website further said. The bank has listed the new charges in a tabular form for the convenience of its customers.
The annual maintenance charges have been increased by Rs 75 across various categories, the website shows.
The public lender has also mentioned other fees associated with debit cards. These include issuance and replacement of debit cards.
The issuance charges vary depending on the type of card, ranging from Nil for Classic, Silver, Global, and Contactless debit cards to Rs 300 plus GST for Platinum debit cards.
