SBI Card Revises Late Payment Charges Effective May 1, 2026

New penalties introduced for lower outstanding amounts; charges for higher balances remain unchanged.

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SBI Card has updated its late payment fee structure as of May 1, 2026.
The changes primarily affect lower outstanding balances, introducing a Rs 100 penalty for dues between Rs 100 and Rs 500 and increasing fees for dues between Rs 500 and Rs 1,000.

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SBI Card has updated its late payment fee structure as of May 1, 2026. The changes primarily affect lower outstanding balances, introducing a Rs 100 penalty for dues between Rs 100 and Rs 500 and increasing fees for dues between Rs 500 and Rs 1,000.

Read the full article on Economic Times

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This article was originally published by Economic Times.

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