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SBI Revises Maintenance Charges For Debit Cards

State Bank of India (SBI) will implement revised annual maintenance charges for certain debit card categories starting April 1. The updated rates, effective for Classic/Silver/Global, Yuva/Gold, Platinum, and Pride/Premium Business cards, will increase ₹75.

Additional fees include issuance (ranging from Nil to ₹300 plus GST), replacement, duplicate PIN, and international transactions. All charges are subject to 18% GST. SBI also adjusted its Minimum Day Bill Calculation process for credit cards from March 15 and will discontinue reward points accrual on rent payments for some credit cards starting April 1, 2024.

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