SBI Debit Card Charges Revised w.e.f. From 01.04.2024

[varun__goel_]

State Bank of India revised their debit card fees effective from 1st April, 2024.
No communication received from bank regarding revision of charges. Just have been updated on their website.


The minimum debit card fee was Rs. 125 + GST. Now it’s Rs. 200 + GST, a 60% increase.
They have raised each debit card fee by Rs. 75.

As per the RBI's latest guidelines, banks must send notice/communication to their customers 30 days prior to any product feature-related changes. However, in this case, State Bank of India didn’t follow RBI guidelines. Will RBI take this matter seriously and penalize SBI and set an example? I don’t think it’s going to happen. The RBI just closes their eyes when it comes to SBI.

- This post is edited by @TechnoFino

Source:-

Debit Card Related Charges - Personal Banking

sbi.co.in

 

[sri222]

I am getting virtual debit card is not available for this account.

Mine is normal savings account.

Do you have 1 account or 2 accounts linked to same CIF ?

 

[Anil_Singh]

@ItsAnilSingh did you transaction via virtual card?

How to fund indus account via debit card?

Yes. Virtual debit card.

IndusInd Website - Menu - Personal - Quick Links - Fund My Account

 

[ashwink]

Since you are a Sr. Moderator, you are not allowed to bypass that 3-words rule like that like us common people! 😄
.

Rules are equally same for all 😃

 

[doraemon]

Rules are equally same for all 😃

Iss rule ko hatwao sirji

Yes ke jagah y e s karna padta hai

Why this rule?
Why this kolaveri di?

 

[Anil_Singh]

Iss rule ko hatwao sirji

Yes ke jagah y e s karna padta hai

Why this rule?
Why this kolaveri di?

Spam bro.. spam

 

[Trust Me]

Rules are equally same for all 😃

Sure! But circumvention of the rules by the upholders themselves tends to attract curious notice by the commoners! Just sayin'! 😄
.

 

[lightwaves]

Iss rule ko hatwao sirji

Yes ke jagah y e s karna padta hai

Why this rule?
Why this kolaveri di?

Oh is this real? I always wondered why do folks write YES as Y E S. lol thats some technique!!

 

[skvignesh]

Do you have 1 account or 2 accounts linked to same CIF ?

1 account only

 

[girish3456]

Bro IOCL is Global and Platinum variant. SBI will now charge you Rs200+GST.

But this year they haven't charged me yet. Need to see will they charge me with new charges

 

[Vikaas]

Bas profile password kisi aisi jgah chhaap do ki zindgi m kabhi na bhul pao😂

Note Kar ke bade se locker me rakh diya hai 😂

 

[Vikaas]

Ye profile password to kabhi expire nhi hota na?

 

[Anil_Singh]

 

[MrWick]

SBI has discontinued new Electronic Debit cards in OD accounts in compliance with RBI instructions.

Existing Electronic Debit Cards in Overdraft Account-

a) Electronic Cards issued until April 20, 2022, will remain valid until their expiry date and
will not be renewed thereafter.
b) All Electronic Debit Cards issued after April 21, 2022, will be permanently blocked from
the backend. Customers with Registered Mobile Numbers (RMN) in CIF will be informed
via SMS before the cards are blocked. Branches should appropriately advise customers in
this regard.

 

[Abhishek012]

SBI has discontinued new Electronic Debit cards in OD accounts in compliance with RBI instructions.

Existing Electronic Debit Cards in Overdraft Account-

a) Electronic Cards issued until April 20, 2022, will remain valid until their expiry date and
will not be renewed thereafter.
b) All Electronic Debit Cards issued after April 21, 2022, will be permanently blocked from
the backend. Customers with Registered Mobile Numbers (RMN) in CIF will be informed
via SMS before the cards are blocked. Branches should appropriately advise customers in
this regard.

Oh, SBI issue RuPay Classic Global and RuPay Platinum DC in Overdraft Account.