SBI Corporate Utility Card

Joining feeAnnual fee

₹0Nil

Fuel surcharge waiver

1% surcharge on transactional value for single transaction spends between ₹500 and ₹4000 for Signature & Platinum Cards; ₹500 and ₹3,000 for all other cards; Maximum surcharge waiver of ₹250 per statement cycle per corporate card account for signature & platinum cards; ₹100 per corporate card account for all other cards

Surcharge on railway tickets

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

Insurance benefit

Fraud related insurance cover: individual cards equal to the credit limit of the card, subject to a maximum amount of ₹2 lakhs; at a corporate level, per corporate entity the cover is limited to a maximum of ₹60 lakhs

Forex markup

Upto 3.5%

Cash advance fee

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

Cash advance interest

Upto 3.35% per month, accounting to 40.2% per annum from the date of withdrawal

Cash withdrawal limit

Variable

Interest on unpaid balance

Up to 3.35% per month (40.2% per annum from the transaction date)

Interest-free period

15-32 days (applicable only on retail purchases and if previous months outstanding balance is paid 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 ₹450)

Statement or duplicate statement fee

Nil

Card replacement fee

Complimentary

Fee for paying the bill by cheque

₹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; surcharge waiver for single transaction spends of ₹500 to ₹3,000 for all other cards (maximum ₹100 per corporate card account) and ₹500 to ₹4000 for Signature & Platinum Cards (maximum ₹250 per statement cycle per corporate card account)

GST note

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