Central Bank of India SBI Card Prime
Apply for the best credit card of Central Bank Of India
Welcome Benefits
- Welcome e- Gift Voucher worth Rs.3000
Central Bank of India SBI Card Prime: Fees & Charges
| Type of fee or charge | Amount (Rs.) |
|---|---|
| Joining Fee: | ₹ 2999+ GST |
| Annual/Renewal Fee: | ₹ 2999+ GST |
| Finance Charges: | 3.50% p.m. (42% p.a.) |
| Spend Based Waiver: | Waived off on annual spends of Rs.3 Lakh or more in the preceding year |
| Over Limit Penalty: | 2% of overlimit amount, subject to a minimum of 100/- |
| Rent Payment charges | 1% Processing fee transaction amount |
| Forex Charges: | 3.49% of the transaction value |
| Minimum Repayment Amount: | 5% of Total outstanding (Min. Rs. 100) + All charges/fees/taxes + EMI |
| Cheque Return Fees: | 2% of Total Amount Due or Minimum of 500 whichever is higher |
Eligibility criteria
Age: Applicants should be at least 18 years old.
Income: A stable annual income is essential, typically a net Annual income of 7,00,000/- or more and Self-employed individuals may need to show higher income proof
Credit Score: A good CIBIL score, ideally between 750 and 900, can significantly boost approval chances
The applicant must be an Indian citizen and valid address proof
Document Requirements
1. Aadhaar card, Passport, PAN card as your Identity proof
2. Any Utility bill, Passport, or Voter ID as your address proof
3. Salary slips, bank statements, or IT returns as your income proof
Other Information
Frequently Asked Questions
What is the annual fee of Central Bank of India SBI Card Prime?
The Annual fees of Central Bank of India SBI Card Prime is 2999+ GST. And there is Joining fees is 2999+ GST.
What is the interest rate on the Central Bank of India SBI Card Prime?
The Central Bank of India SBI Card Prime has an interest rate of 3.50% p.m. (42% annually)
Are there foreign transaction fees on the Central Bank of India SBI Card Prime?
Yes, The Central Bank of India SBI Card Prime charges a 3.5% fee for all transactions in foreign currency .
What is the credit limit of Central Bank of India SBI Card Prime?
The credit limit for the Central Bank of India SBI Card Prime is based on multiple factors, such as your income, repaying capacity, and credit history. Central Bank Of India does not specify a fixed credit limit for this card. It will communicate to you time of issuance of card. Central Bank Of India offer Pre-approved Credit Limit to existing card holder. So if you are eligible by few step you can increase your credit limit.
Card other Details
Central Bank of India SBI Card Prime Credit Limit: Up to ₹10 Lakh