About SBI Debit Card
SBI debit card
- Shop at over 5 lakh merchant outlets in India with your SBI debit card.
- Assured rewards from State Bank of India’s Debit Card Loyalty Program.
- Use your SBI debit cards to book movie tickets and pay utility bills on a completely secure platform.
- Complimentary insurance coverage for the debit card holder.
SBI Service Charge Revision (Modifications and Additions effective on and from June 1, 2017)
| Service Charge Description | Rate (Revised) |
| Charges for IMPS transfer of funds via INB, MB, OPI or USSD | |
| More than Rs.2 lakh and up to Rs.5 lakh | Rs.25 + GST |
| More than Rs.1 lakh and up to Rs.2 lakh | Rs.15 + GST |
| Up to Rs.1 lakh | Rs.5 + GST |
| Service Charges for the exchange of Imperfect or Soiled Notes | |
| Value up to Rs.5,000 and up to 20 pieces | Nil |
| Above 20 pieces and/or value above Rs.5,000 | |
| When the value is more than Rs.5,000 | Rs.2 for every piece or Rs.5 for 1000 along with GST, whichever is more on the entire tender. |
| Above 20 pieces | Rs.2 for every piece on the entire tender along with GST. |
| Example: Rs.500 (25 pieces) is equal to Rs.12,500 Charges Rs.2 for every piece: Rs.50 + GST Charges at the rate of Rs.5 for every Rs.1000: Rs.62.50 + GST Amount that is chargeable is equal to Rs.62.50 + GST | |
| Service charges for the BSBD (Basic Savings Bank Deposit) accounts | |
| Withdrawals | 4 withdrawals in 1 month free of charges. This includes ATM withdrawals too. After the 4 withdrawals are complete:
|
| ATM Card issuance | The RuPay Classic card is the only card that comes free of cost. |
| Cheque Book issuance | Cheque Book with 50 leaves – Rs.150 + GST. Cheque Book with 25 leaves – Rs.75 + GST. Cheque Book with 10 leaves – Rs.30 + GST. |
| Applicable for the SBI Buddy Wallet customers | |
| Service Charges for State Bank Buddy | |
| Cash withdrawal from the Wallet Balance vis BC (Business Correspondent) – up to Rs.2,000 in multiples of Rs.100 | 2.50% of the transaction value (Minimum amount of Rs.6) + GST. |
| Cash deposit in to the Wallet via BC (Business Correspondent) | 0.25% of the total transaction value (Minimum of Rs.2 and Maximum of Rs.8) + GST. |
| Cash withdrawal from the Wallet Balance vis ATM | Rs.25 for every transaction. |
Types of SBI Debit Cards
State Bank Classic Debit Card
With a State Bank Classic debit card you can enjoy benefits like cashless transactions, easy account access, bill payment options, rewards redemption program and purchases at various merchant outlets across India. The State Bank Classic debit card can be used to withdraw cash from SBI ATMs or from any other bank’s ATM in India. The daily cash withdrawal limit at any ATM is set between a minimum amount of Rs 100/- up to a maximum of Rs 40000/-. At Point of Sale terminals, customers can purchase up to a maximum of Rs 50,000/- using their State Bank Classic debit cards.
State Bank Silver International Debit Card
Access your bank account from any corner of the globe, purchase at over 30 million outlets worldwide, make payments or withdraw cash without any hassles with a State Bank Silver International Debit Card. Double your rewards points with three consecutive purchase transactions on your State Bank Silver International Debit Card in a quarter.
State Bank Global International Debit Card
The State Bank Global International Debit Card offers complete protection against fraudulent transactions as it comes with an embedded EMV chip. Enjoy cashless shopping worldwide, earning unlimited Freedom Rewardz points on all your debit card purchases. With three continuous purchase transactions, customers can double their reward points earned in a quarter.
State Bank Gold International Debit Card
With a high purchase transaction limit of Rs 200,000/-, the State Bank Gold International Debit Card offers maximum flexibility while doing Point of Sale and online transactions. The card also provides complimentary life insurance coverage of up to Rs 2 lakhs to the primary debit card holder. Additionally the card comes with purchase protection insurance for theft or damage of up to Rs 5000/- for a period of 90 days from the date of purchase.
State Bank Platinum International Debit Card
As a Platinum member of SBI, purchase goods, book tickets, pay bills, and perform online transactions conveniently with your State Bank Platinum International Debit Card. Triple your reward points earned in a quarter with three successive purchase transactions done on a State Bank Platinum International Debit Card. Platinum debit card members are provided with free life insurance coverage up to Rs 5 lakhs along with purchase protection insurance of up to Rs 50,000/- valid up to a period of 90 days from the date of purchase.
State Bank Mumbai Metro Combo Card
Commuting on the Mumbai Metro just got easier with the State Bank Mumbai Metro Combo Card doubling up as a payment cum access card with a ton of benefits. The card saves time for commuters, eliminating the need to stand in ticketing queues at Mumbai Metro Stations. The card also works as a shopping card allowing a user to make online purchases, payments and cash withdrawals in India and across the globe.
sbiINTOUCH Tap & Go Debit Card
Introduced as a chip based contactless card, the sbiINTOUCH Tap & Go Debit Card is a one-of-a-kind card from SBI and users can make quick payments by just tapping their debit cards at over 10 lakh merchant locations which accept contactless payments. Enabling users to transact faster, this card can be used to make online payments, shop and withdraw cash in India and across the globe.
Business Debit Cards
The State Bank Business debit card is an entrepreneur’s best friend and has been designed to meet the business requirements of SBI’s commercial banking customers. Customers can keep track of their business expenses, make payments, book tickets for business travel, pay business utility bills and buy business essentials with their EMV chip based business debit cards.
State Bank Pride
Offered a business card, the State Bank Pride debit card caters to self-employed individuals with high cash withdrawal limits of up to Rs 100,000/- per day and purchase transaction limits of up to Rs 200,000/- per day. Card holders also have the option of depositing cash at an SBI cash deposit machine with a daily limit of Rs 49,900/-.
State Bank Premium
As premium card holders, SBI customers are entitled to daily cash limits of up to Rs. 2, 00,000 and e-commerce transaction limits of up to Rs. 5, 00,000 per day. The card also comes with life insurance coverage of up to Rs 5 lakhs and purchase protection insurance up to Rs 50,000/- for the primary card holder.
FreedomRewardz – State Bank of India’s Debit Card Loyalty Program
Get rewarded when you shop for a product or pay for a service with FreedomRewardz, the debit card loyalty program from State Bank of India. All SBI debit card holders are pre-registered into this program and are eligible to accrue FreedomPoints on all their transactions.
- For every Rs 200/- spent on shopping, dining, fuel or travel, customers can earn 1 FreedomPoint or reward point.
- Earn 50 bonus points on your first purchase transaction within one month of card issue.
- Earn 50 additional points on your second purchase and 100 bonus points on your third purchase transaction within a period of one month.
Depending on the type of SBI debit card, customers can double or triple their FreedomPoints earned from three transactions in a quarter. Customers can accumulate Freedom rewards points and redeemed within a period of 36 months for exciting gifts, merchandise and services from SBI.
SBI debit card offers
- State Bank Smart Shoppe is an exclusive online marketplace introduced by State Bank of India in collaboration with MasterCard with exciting offers from retail merchants across India.
- The ‘Shop Big Gain Big’ festive offer from State Bank provides an opportunity for SBI customers to win attractive products hourly and weekly for every debit card usage.
- SBI offers special discounts on jewelry purchases at various merchant outlets on the auspicious occasion of Akshaya Tritiya.
State Bank Rewardz for Debit Cards
The State Bank Rewardz is an unwaveringness program offered by the State Bank of India, that gives remunerate focuses to clients for different exchanges. Cardholders can recover the focuses and pay for an extensive variety of items and administrations at a marked down rate. All clients are pre-enlisted for the SBI Rewardz program. Clients will have single enrollment, independent of the number or sort of records they keep up. SBI charge card clients can gain 1 compensate point for each buy above Rs.200. Additionally, the bank has an extensive number of accomplice marks that give additional rebates and indicates swiping the card.
Activation reward
Clients will procure 50 compensate focuses for making buys utilizing the plastic inside a month of its issue. For the second exchange made amid that month, they will get another 50 remunerate focuses. What’s more, if three exchanges are made amid the primary month, the aggregate extra focuses collected with be 200, ie., the third exchange will pull in 100 reward focuses.
Quarterly exchange reward
In the event that you complete at least 3 exchanges after the principal month of issuance of your card, at that point the reward focuses earned amid that period will be multiplied for all check cards other than Platinum. For Platinum cardholders the reward focuses will be tripled. These prizes are relevant for all clients of the State Bank of India.
Benefits of holding a State Bank of India debit card
- With a vast network of 43,000+ ATMs across India, State Bank customers can easily access their banking accounts and conveniently perform transactions free of cost. This facility extends to any ATM belonging to the State Bank Group as well as associate banks (e.g.- State Bank of Bikaner & Jaipur, State Bank of Patiala, State Bank of Hyderabad, etc.)
- Customers can use their SBI debit cards to withdraw cash, make payments, place requests for credit instruments and also open term deposits at any SBI ATM.
- State Bank of India debit cards come with additional levels of security for online transactions provided by ‘3D Secure’, a secure service introduced by the State Bank Group in collaboration with Visa and MasterCard.
