| New charges on credit cards applicable with effect from 15th October 2009
|
Annual fee |
Free |
| Replacement Card Fees |
Rs 100 + VAT per card |
| Debit card pin replacement fee |
Rs 50 + VAT per card |
| Withdrawal at SBM ATM |
Free |
| Withdrawal at non-SBM ATM |
Rs 75 per transaction |
| Withdrawal at Overseas ATM |
Rs 75 per transaction |
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| Membership/ Joining Fee |
NIL |
| Annual fee |
Same tariffs both for Photo & Non-photo cards |
|
Visa Electron Card |
Rs 200 + VAT per card |
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Visa Classic and MasterCard |
Rs 200 + VAT per card |
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Visa Business Card |
Rs 300 + VAT per card |
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Visa Gold Card |
Rs 600 + VAT per card |
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Visa Platinum Card |
Rs 1, 000 + VAT per card |
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| Same tariffs both for Photo & Non-photo cards |
|
Visa Electron Card |
Rs 100 + VAT per card |
| |
Visa Classic and MasterCard |
Rs 100 + VAT per card |
| |
Visa Business Card |
Rs 200 + VAT per card |
| |
Visa Gold Card |
Rs 300 + VAT per card |
| |
Visa Platinum Card |
Rs 500 + VAT per card |
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| Same tariffs both for Photo & Non-photo cards |
|
|
Primary Card |
Supplementary Card |
|
Visa Electron Card |
Rs 200 + VAT per card |
Rs 100 + VAT per card |
| |
Visa Classic and MasterCard |
Rs 200 + VAT per card |
Rs 100 + VAT per card |
| |
Visa Business Card |
Rs 300 + VAT per card |
Rs 200 + VAT per card |
| |
Visa Gold Card |
Rs 300 + VAT per card |
Rs 300 + VAT per card |
| |
Visa Platinum Card |
Rs 400 + VAT per card |
Rs 400 + VAT per card |
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| Purchase |
23.40 % p.a. |
| Cash Advance |
24.00 % p.a. |
| "Interest is computed as from transaction date".
|
| LATE FEE |
Rs 150 (flat) per month |
| OVERLIMIT FEE |
Rs150 (flat) per month |
| CASH ADVANCE FEE |
2 % of amount withdrawn (Minimum Rs 100) |
| QUASI CASH (Betting) |
2% min Rs100 |
| INCREASE IN LIMIT FEE |
Rs100 |
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| POS RENTALS |
Rs 1,000 per month |
| MERCHANT SERVICE COMMISSION |
As per contractual terms |
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