Bank increases annual maintenance charges for these debit cards from April 1, Complete details here
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SBI: State Bank of India (SBI) has shocked crores of its prospects. The annual maintenance cost of some debit cards of SBI has been elevated. Till now SBI Bank prospects are paying Rs 75 yearly for the maintenance of debit card. Now these charges might be revised from April 1, 2024
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SBI: State Bank of India (SBI) has shocked crores of its prospects. The annual maintenance cost of some debit cards of SBI has been elevated. Till now SBI Bank prospects are paying Rs 75 yearly for the maintenance of debit card. Now these charges might be revised from April 1, 2024. The financial institution has elevated the maintenance charges on most of its debit cards.
Bank card issuance charges differ relying on the kind of card. Ranging from 0 for Classic, Silver, Global and Contactless Debit Cards to ₹300/+ plus GST for Platinum Debit Cards.
Apart from this, prospects must pay charges for companies like re-making of debit card (₹300/+ plus GST), resetting of duplicate PIN/PIN (₹50/+ plus GST) and worldwide transactions.
International transaction charges embody ₹25/+ plus GST for checking stability quantity at ATM, minimal ₹100/- plus 3.5% of transaction quantity for ATM money withdrawal and three% of transaction quantity plus GST for Point of Sale . The financial institution charges 18 % GST.
These are the revised charges
| Number | card | present cost | Revise Charges (01.04.2024) |
|---|---|---|---|
| 1 | Classic/Silver/Global/Contactless Debit Card | ₹125/ +GST | ₹200/ + GST |
| 2 | Young/Gold/Combo Debit Card/My Card (Image Card) | ₹175/ + GST | ₹250/+ GST |
| 3 | platinum debit card | ₹250/ +GST | ₹325/+ GST |
| 4 | Pride/Premium Business Debit Card | ₹350/ +GST | ₹425/+ GST |
New Tax Regime: In these methods you may as well avail tax exemption within the new tax regime, see details here
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