SBI Corporate Central Travel Account

Joining feeAnnual fee

₹0Nil

Hotel or travel programme

Consolidate all air travel expenses for infrequent travelers, consultants, job candidates and large groups into a single, centrally billed account for better visibility and control.

Surcharge on railway tickets

Railway counters: ₹30 + 2.5% of transaction amount; irctc.co.in: 1.8% of transaction amount + service charge, as applicable.

Forex markup

Upto 3.5%

Cash advance fee

Upto 2.5% of withdrawal amount or Upto ₹450 (WIH) per transaction

Cash advance interest

Up to 3.35% per month amounting to 40.2% per annum from the date of withdrawal

Cash withdrawal limit

Variable

Interest on unpaid balance

Upto 3.35% per month amounting to 40.2% per annum from the transaction date

Interest-free period

20-50 days interest-free when you pay in full.

Late payment fee

NIL for Total Amount due from ₹0 - ₹200; ₹100 for Total Amount due greater than ₹200 & up to ₹500; ₹400 for Total Amount due greater than ₹500 & up to ₹1000; ₹500 for Total Amount due greater than ₹1000 & up to ₹10,000; ₹750 for Total Amount due greater than ₹10,000

Over-limit fee

Not applicable on Corporate Cards

Payment return or dishonour fee

2% of payment amount (subject to a minimum of ₹350)

Statement or duplicate statement fee

₹100 per Statement (>2 months old)

Card replacement fee

Complimentary (Emergency card replacement)

Cash payment / cash deposit fee

₹100 + Applicable taxes

Cheque payment / dishonour fee

₹100 (Cheque payment upto ₹2000)

Foreign ATM fee

Upto 3% of withdrawal amount or upto ₹450, whichever is higher, per transaction

Reward redemption fee

₹99

Fuel transaction fee

Petrol & all products/services: 1% of transactional value; 1% surcharge waiver for single transaction spends between ₹500 and ₹4000 for Platinum Cards, maximum surcharge waiver of ₹250 per statement cycle per corporate card account

GST note

Haryana: Central Tax @ 9% and State Tax @ 9%; other than Haryana: Integrated Tax @ 18%