Doctor's SBI Card (in association with IMA)
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Welcome Benefits
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Doctor's SBI Card (in association with IMA): Fees & Charges
| Type of fee or charge | Amount (Rs.) |
|---|---|
| Joining Fee: | ₹ 1499+ GST |
| Annual/Renewal Fee: | ₹ 1499+ GST |
| Finance Charges: | 3.50% p.m. (42% p.a.) |
| Spend Based Waiver: | Waived off on annual spends of Rs.2 Lakh or more in the preceding year |
| Over Limit Penalty: | 2.5% of overlimit amount, subject to a minimum of 600/- |
| Rent Payment charges | Rs.199+Applicable Taxes as processing fee. |
| 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 |
| Total Amount Due/Statement Balance | Late Payment Charges |
|---|---|
| Less than or equal to 500 | NIL |
| Above 500/- and up to 1000/- | 400 |
| Above 1,000/- and up to 10,000/- | 750 |
| Above 10,000/- and up to 25,000/- | 950 |
| Above 25,000/- and up to 50,000/- | 1100 |
| Above 50,000/- | 1300 |
Eligibility criteria
Age: Applicants should be at least 21 years old.
Professional Qualification: The applicant must be a medical doctor (MBBS or higher qualification) and engaged in active practice. This includes doctors working in hospitals, clinics, or other healthcare setups.
Credit Score: A good CIBIL score, ideally between 700 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 Doctors SBI Card (in association with IMA)?
The Annual fees of Doctors SBI Card (in association with IMA) is 1499+ GST. And there is Joining fees is 1499+ GST.
What is the interest rate on the Doctors SBI Card (in association with IMA)?
The Doctors SBI Card (in association with IMA) has an interest rate of 3.50% p.m. (42% annually)
Are there foreign transaction fees on the Doctors SBI Card (in association with IMA)?
Yes, The Doctors SBI Card (in association with IMA) charges a 3.5% fee for all transactions in foreign currency .
What is the credit limit of Doctors SBI Card (in association with IMA)?
The credit limit for the Doctors SBI Card (in association with IMA) is based on multiple factors, such as your income, repaying capacity, and credit history. Sbi Card does not specify a fixed credit limit for this card. It will communicate to you time of issuance of card. Sbi Card 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
Doctor's SBI Card (in association with IMA) Credit Limit: Up to ₹10 Lakh