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SBI Card introduces ₹100 late fee on ₹101–₹500 dues

SBI Card now charges ₹100 for late payments on dues of ₹101–₹500, and ₹500 for ₹501–1,000. Review your payment schedule to avoid these fees.

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What changed

Worse for you

Fee change · SBI Card

Before

Late payment charge nil up to ₹500 outstanding; ₹400 for ₹501–1,000

After

Nil up to ₹100; ₹100 for ₹101–500; ₹500 for ₹501–1,000; ₹750 / ₹950 / ₹1,100 / ₹1,300 slabs unchanged

See it with every other change

SBI Card has revised its late payment charges. The new charges are ₹100 for outstanding amounts between ₹101 and ₹500, and ₹500 for amounts between ₹501 and ₹1,000. Previously, there were no late fees for amounts up to ₹500, and a ₹400 charge for amounts between ₹501 and ₹1,000. The changes took effect on 1 May 2026.

Cardholders who miss payments on small bills will be most affected. A missed payment of ₹300, which used to incur no fee, will now cost ₹100. A missed payment of ₹800 will cost ₹500, up from ₹400.

Our take: review your payment schedule to avoid the new fees. If you are prone to missing payments, consider setting up automatic payments or payment reminders to avoid the ₹100 fee on small outstanding amounts.

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