TV9
user profile
Sign In

By signing in or creating an account, you agree with Associated Broadcasting Company's Terms & Conditions and Privacy Policy.

Subscribe Whatsapp Channel
Bihar 2025 India Sports Tech World Business Career Religion Entertainment LifeStyle Photos Shorts Education Science Cities Videos

SBI Card new rules from Nov 1, 2025: Fees & late payment penalties

SBI Card has announced new fee rules with effect from November 1, 2025. Education fee payments made through third-party apps and wallet load transactions exceeding Rs 1,000 will now attract a 1% fee. Rates for other fees, such as cash payments, late payments, and card replacement, have also been updated.

SBI Card's 1% Fee from November 1, 2025
SBI Card's 1% Fee from November 1, 2025 Credit:SBI Card & Pixabay
| Updated on: Oct 30, 2025 | 07:22 PM

New Delhi: SBI Card, one of the country's largest credit card issuers, has announced changes in the fee structure for its customers. According to the notification issued on the company's website, new charges will be applicable on certain transactions from 1 November 2025. These include education payments and wallet load transactions made from third-party apps.

1% charge for paying fees from third-party apps

If a customer pays the fees of a school, college or any other educational institution through third-party apps or payment aggregators (like Paytm, PhonePe, Razorpay, etc.), then 1 percent transaction charges will be levied on him. For example, if a student pays a fee of Rs 10,000 through the app, then he will have to pay an extra Rs 100. However, if the payment is made from the institution's website or the POS machine located on its campus, there will be no additional charges.

Also Read
One of the most significant aspects of concierge services is that they are available round the clock. (Picture Credit: depositphotos)
What is concierge service in a credit card? What are the advantages?
A credit card loan is an unsecured loan that is sanctioned on the basis of credit card transaction and repayment history.
What are credit card loans and who is eligible? Know details
How to Fix Inaccuracies in Your Credit Report
Credit Card: Your guide to improving credit score score

1% charge for depositing in wallet

From November 1, SBI Card users will have to pay an additional fee of 1 percent for wallet load transactions of more than Rs 1,000. For example, if a customer deposits Rs 2,000 into his digital wallet (like Paytm Wallet or Amazon Pay), then he will have to pay an extra Rs 20.

Other charges of SBI Card

  • Cash, cheque and payment dishonor charges
  • Cash payment fee: Rs 250
  • Cheque payment fee: Rs 200
  • Payment dishonor fee: 2% of the amount, minimum Rs 500 if payment is rejected
  • Cash advance and card replacement charges
  • Cash Advance Fee: 2.5% fee (minimum Rs 500) on domestic and international ATM withdrawals
  • Card replacement fee: Rs 100 to Rs 250, whereas Rs 1,500 for Aurum card
  • Card Replacement Abroad: Fees per actual expense, minimum $175 (Visa) and $148 (Mastercard)

Know how much late payment charges will be charged if the minimum amount due is not paid

  • Rs 0—Rs 500: No Fee
  • Rs 500 — Rs 1,000: Rs 400
  • Rs 1,000—10,000: Rs 750
  • Rs 10,000—25,000: Rs 950
  • Rs 25,000—50,000: Rs 1,100
  • Over Rs 50,000: Rs 1,300

The new rules of SBI Card will affect customers who depend on third-party apps or wallet loading. Its objective is possibly to balance the cost of these transactions and to promote direct payment channels (such as the institute's website or official platform). However, consumers now need to check before every online transaction through which medium they are making payments, so that additional charges can be avoided.

{{ articles_filter_432_widget.title }}