SBI News: Bank Hikes Annual Maintenance Charges for These Debit Cards From April 1

The customers must note that the charges for Yuva, Gold, and Combo Debit cards will also be raised. Annual maintenance fee for the Platinum Debit Card will be increased as well from April 1.

Written by: India.com News Desk Edited by: Victor Dasgupta

Updated: March 27, 2024, 3:45 PM IST

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https://www.india.com/business/sbi-news-bank-hikes-annual-maintenance-charges-for-these-debit-cards-from-april-1-6816275/ Copy

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New Delhi: The State Bank of India (SBI) on Wednesday revised the annual maintenance charges related to some debit cards. As per the SBI website, the new charges will come into effect from April 1. It is important to note that the current annual maintenance charges for Classic, Silver, Global, and Contactless debit cards will be revised from April 1 as per the information available on the SBI website.

The customers must note that the charges for Yuva, Gold, and Combo Debit cards will also be raised. Annual maintenance fee for the Platinum Debit Card will be increased as well from April 1.

SBI also said that in addition to these changes in annual maintenance charges, it will also change the fees related to the issuance and replacement of debit cards.

Here are the revised SBI Debit Card Charges:

• For Classic, Silver, Global, Contactless Debit Cards the annual maintenance has been increased to Rs. 200 + GST from existing Rs.125 +GST.
• For Yuva, Gold, Combo Debit Card, My Card (Image Card) will also see a hike in annual maintenance as it has been raised to Rs. 250+ GST from existing Rs.175+ GST.
• For SBI Platinum debit card, the annual maintenance will now be Rs. 325+ GST. The existing charge is Rs. 250 +GST.
• For Pride Premium Business Debit Card, the annual maintainence charges is increased to Rs. 425+ GST. It is currently Rs.350 +GST.