Apply for the best credit card of Sbi Card
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: | Not Applicable for this card |
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 |
Age: Applicants should be at least 18 years old.
Income: A stable annual income is essential, typically a net monthly income of 50,000/- or more and Self-Employed Individuals/Professionals: A minimum annual income of 6 lakhs.
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
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
The Annual fees of Spar SBI Card PRIME is 2999+ GST. And there is Joining fees is 2999+ GST.
The Spar SBI Card PRIME has an interest rate of 3.50% p.m. (42% annually)
Yes, The Spar SBI Card PRIME charges a 3.5% fee for all transactions in foreign currency .
The credit limit for the Spar SBI Card PRIME 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.
Spar SBI Card PRIME Credit Limit: Up to ₹10 Lakh