SBI Credit Card offers customers a wide variety of benefits, rewards, and additional benefits. To get an SBI credit card, one should know the process very well, including the eligibility criteria, required documents, charges, and application process, whether online or offline.
SBI Credit Card Benefits & Features
Here are some features and benefits of SBI bank credit cards:
- Contactless Payments - SBI credit cards can be used for contactless payment by using the tap-and-pay feature.
- Insurance:SBI credit cards can be used to cover accidents, card losses, health issues, card theft, and more.
- Lower Interest Rates - SBI offers lower interest rates on EMIs than other banks. The SBI card also offers a balance transfer facility.
- Travel Benefits - Card holders of SBI Credit card will enjoy the services of SBI Credit Card Airport Lounge Access
- Other Benefits - You can add a feature to your current primary card or upgrade it to get more rewards and benefits.
You get some basic benefits from an SBI Credit card, which you can learn about from the terms and conditions mentioned under the card.
SBI Bank Credit Card Eligibility Criteria
The eligibility criteria for SBI Bank credit cards depend on the applicant's profile. However, there are some basic eligibility criteria to apply for SBI credit card:
- The applicant's age group should be between 21 years to 65 years.
- He/she must have a stable and good income.
- The applicant should be an Indian Resident.
- There are some other criteria that also depend on the applicant's income group. SBI allows both students and salaried individuals to apply for a new credit card. The eligibility criteria for students are:
- You should be an Indian resident aged above 18 years.
- You should have your PAN card, proof of college admission, KYC documents, etc.
- You should have an FD account in SBI of INR 25000 or more.
The eligibility of salaried employees is as follows:
- The age must be between 18 years and 65 years.
- Applicant CIBIL score should be a minimum of 7500 or more
- You should have a stable income of more than 2 lac per annum.
There may be some other eligibility criteria that depend on which SBI credit card you are applying for.
Steps to be followed to apply for an SBI Credit Card
One can apply for an SBI Credit card offline or online. In offline mode, one can apply by visiting the nearest branch of SBI and meeting the concerned person there. An applicant is required to follow mentioned steps to apply for an SBI Credit card either online or offline-
Online Apply
- Firstly, the SBI’s official website should be visited.
- The different credit cards offered by SBI will appear on the screen, along with the eligibility criteria, features, benefits, reward points, and charges thereof. You can review them carefully and select a card of your choice.
- Click on the ‘Apply Button’ to complete the application process. You must fill in the personal details column and KYC details.
- Enter your personal details and professional details and upload KYC documents.
- Once you fill in all the details given, you will get the option of an instant decision.
- If your criteria match bank requirements, you will receive a confirmation call from the bank, and an executive will verify the details before dispatching your credit card.
Once the card is dispatched, it will reach your office in 7 working days.
Offline Apply -
To apply offline, you must visit any nearest SBI branch. If you have an account with them, you will get it even faster. You must meet the bank representative, who will help you fill out the application form.
SBI Bank Credit Card Documents Required
To apply for an
SBI credit card, you need the following documents which must be submitted to make an application:
- PAN card
- Aadhaar card
- Any other address proof
- Other documents like– Income tax returns, salary slips, etc.
- A photograph I.e.Passport size
The bank can further ask for some other documents depending on the type of credit card that has been applied for.
Reasons for Rejection of Credit Card Application
Mentioned below are the reasons the bank can reject the credit card application.
- In case the credit score of an applicant is lower than what bank requires, the application would be rejected by the bank.
- In case the applicant is not having a stable credit history.
- In case the monthly income is lower than what is required by the bank
- In case the applicant has provided any misleading information in the form.
- An unstable job profile can also lead to rejection.
- Too many card applications are there.
Fees and Charges of SBI Bank Credit Card
Fees and charges are the most important things to consider before applying for an SBI bank credit card. They charge both annual and renewal fees on their credit cards. The charges depend on the card’s benefits. You have to pay higher charges for a credit card with more benefits and offers. Mentioned below are the chargers of various SBI bank credit cards:
| Card Name |
Annual Fee (INR) |
Renewal Fee (INR) |
| SimplyCLICK SBI Card |
499 |
499 |
| CASHBACK SBI Card |
999 |
999 |
| SBI Card Unnati |
NIL |
499 (5th year onwards) |
| Aditya Birla SBI Card SELECT |
1,499 |
1,499 |
| Apollo SBI Card |
499 |
499 |
| Club Vistara SBI Card PRIME |
2,999 |
2,999 |
| IRCTC SBI card |
500 |
300 |
| Paytm SBI Card SELECT |
1,499 |
1,499 |
| TATA Croma Card SELECT |
2,999 |
2,999 |
| OLA Money SBI Card |
NIL |
499 |
| SBI Card ELITE |
4,999 |
4,999 |
SBI has more than 30 types of credit cards, each with different fees and charges. You can get a waiver on charges if you spend a certain amount of money on certain cards. The amount will depend on the type of credit card.
SBI is the largest PSU bank, offering great benefits and offering great benefits with its credit cards. You can choose between lifestyle cards, reward cards, shopping cards, travel cards, etc. Each card has different benefits, and you have to choose according to your spending behaviour.
