The State Bank of India (SBI) offers many debit cards to suit different needs, right from Classic to Platinum. Each card comes with its own costs like SBI debit card charges, SBI ATM card charges and annual maintenance fees. The SBI debit card charges cover the cost of card maintenance, security and transactions.
Understanding these charges and keeping track of them is a key part of managing your money. It also prevents unexpected deductions from your account. Let’s take a closer look at how they work.
Wondering what AMC means? The AMC charges in the SBI bank are annual fees deducted for maintaining your debit card. These cover card issuance, renewal, security and transaction services.
The SBI ATM charges yearly form a part of these AMC deductions and are automatically debited from your linked bank account, usually after the first year of issue. Knowing these helps you plan your expenses and avoid unexpected debits.
SBI offers a range of debit cards, each designed to meet specific customer requirements. Below is an overview of popular SBI debit cards and their respective issuance fees and SBI debit card charges (AMCs).
| Debit Card Variant | Issuance Charges | Annual Maintenance Charges (AMC) |
|---|---|---|
| Classic Debit Card | No issuance charges | ₹200 + GST |
| Silver / Global / Contactless Card | No issuance charges | ₹200 + GST |
| Gold Debit Card | ₹100 + GST | ₹250 + GST |
| Platinum Debit Card | ₹300 + GST | ₹325 + GST |
Disclaimer: These charges are subject to change and it’s advisable to check the latest fee structure on SBI’s official website or contact the bank directly for the most current information.
The higher the card tier, the more features it offers. You get features like global access, contactless payments and higher withdrawal limits. These additional benefits usually result in slightly higher AMCs. This is why you should always check the latest SBI debit card annual charges before applying.
SBI provides a certain number of free ATM transactions per month, depending on the account type and the average monthly balance maintained. Once free transaction limits are exceeded, the following SBI ATM transaction charges apply:
Maintaining a higher AMB can increase the number of free transactions allowed. For example, customers who have an AMB above ₹1,00,000 get free unlimited transactions both at SBI and other bank ATMs.
The daily ATM withdrawal limit for SBI debit cards depends on the card variant:
These limits are subject to change and it’s recommended to verify the current limits with SBI.
Proper money management and knowing the SBI AMC charges, SBI ATM charges are vital. You can reduce the charges by selecting the right debit card, maintaining a balance in an account and availing facilities through digital banking.
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There are 2 types of SBI ATM card charges: Financial and Non-financial. These include cash withdrawals, balance checks, mini statements and PIN changes. SBI ATM transaction charges are applied if you go beyond the free monthly limit.
SBI Bank AMC charges are annual fees for maintaining your debit or ATM card. These charges are deducted automatically every year.
To reduce or avoid SBI AMC charges, choose a debit card that suits your needs and usage pattern. Always use SBI ATMs, maintain a higher average balance and shift to digital transactions. This will also cut down on your SBI ATM charges.
ATM card AMC is a yearly maintenance fee for your debit card. The ₹236 charge could include the AMC itself, GST or additional SBI ATM charges if you’ve exceeded transaction limits.
This charge may include your annual maintenance fee along with GST. It could even be a charge for exceeding transaction limits. The exact breakdown depends on your card type and usage.
