Unmasking 4 SBI Debit Card Annual Charges [Seriously]

Written by Sravan

Updated on:

SBI Classic /Silver/Global/ Contactless Debit Card
SBI Yuva/Gold/Combo Debit Card/My Card (Image Card)
SBI Platinum Debit Card
SBI Pride / Premium Business Debit Card
SBI Virtual Debit Card: Apply now

1. How much is debit card annual fee?

The Debit card annual charges is a fees charged by the Banks for issuing a Debit Card to its customers. The Debit card annual charges changes from bank-to-bank and few of the banks offers FREE Debit cards to their customers as well.

2. From when SBI Debit Card Annual Charges increased ?

The SBI Debit Card Annual Charges related to all Debit cards are increased from 1st April 2024. The revised SBI Debit card charges are increased from Rs.200 to Rs.425 without GST.

3. What is the applicable GST rate for SBI Debit Card ?

The applicable GST rate for SBI Debit Card from 01st April 2024 is 18 percent.

4. I have SBI debit Card, Can I apply for SBI Virtual Debit Card ?

Even though you have any physical SBI Debit card, you can also apply for SBI Virtual Debit card for FREE.

5. Which SBI debit card is free of cost ?

As per the latest SBI Physical Debit Card annual maintenance charges from 01st April, 2024, there are no Free Debit Cards offered by SBI. However, If you want a SBI Virtual Debit Card, then only you can get it for Free.

6. SBI Virtual Debit card charges ?

The State Bank of India’s Virtual Debit Card is completely a Free debit card i.e. it has no annual charges. As the Debit card has no physical existence and it is visible only on online, SBI is not charging any fees for issuance of this Debit card.

7. What is the Annual maintenance charge of SBI Debit card?

The SBI Debit card annual charges are fees which charged by Banks for issuing a Debit Card to its customers. The Debit card annual charges changes from bank-to-bank and few of the banks offers FREE Debit cards as well.

8. How much Annual Charges are increased to SBI Debit Cards?

The State Bank of India (SBI) has enhanced flat Rs.75/- on all SBI Debit cards from 1st April 2024.

9. SBI Rupay Debit card annual charges?

From 1st April, 2024, If you are using SBI Classic Rupay Debit Card, then should pay debit card annual charges of Rs.200 rupees per year along an additional GST of Rs.36 and in total you should pay SBI Rupay Debit card annual chargesRs.236 per year.

10. SBI Visa debit card annual charges?

From 1st April, 2024, If you are using SBI Gold Visa Debit Card /My Card (Image Card), then, you should pay Rs.250 rupees per year along with an additional GST amount of Rs.45 and in total you should pay SBI Visa debit card annual charges of Rs.295 rupees per year.

11. SBI Global Debit card annual charges?

From 1st April, 2024, If you are using SBI Gold Visa Debit Card, then, you should pay Rs.250 rupees per year along with an additional GST amount of Rs.45 and in total you should pay SBI Visa debit card annual charges of Rs.295 rupees per year.

12. SBI Platinum Debit card annual charges?

From 1st April, 2024, If you are using SBI Platinum Debit Card, then, you should pay Rs.325 rupees per year along with an additional GST amount of Rs.58.5 and in total you should pay SBI Platinum debit card annual charges of Rs.384 rupees per year.

13. SBI Virtual Debit Card Disadvantage?

This SBI Virtual Debit Card can used for all your Online transactions except for the Cash withdrawals.

Author is a Qualified CMA with rich industry experience for more than 6 years. He is an All India Ranker (AIR-101) in CMA and also a Semi-Qualified Chartered Accountant having a quite good experience in teaching the subjects of Accounting and Costing to the commerce aspirants.

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