The State Bank of India offers a no-fee credit card called the SBI Unnati. For the first four years, there are no annual fees associated with the credit card, thus there are none to pay.
The SBI Unnati credit card, which is specifically created to empower people in lower middle class, provides lifestyle-oriented incentives with the aim of influencing people to transition to a cashless economy. The card falls under the category of secured credit cards because it is given out in exchange for a minimum Rs. 25,000 fixed deposit.
Prepare yourself for a revolutionized life with this card, along with a host of unrivalled lifestyle benefits and features that are on the way. This three-color credit card represents India’s energy and offers a variety of excellent features that will make your life enjoyable. This exquisitely designed credit card is intended to meet all of your demands in the best possible way, whether it be an annual fee waiver for the first four years, milestone rewards, or full fuel freedom.
Additionally, the card offers a tonne of benefits. Due to its use at more than 24 million establishments and alluring reward points, the Unnati card may be the best solution for people who wish to utilise a credit card for essential demands like paying utility bills, making payments, shopping, and so forth. For the sake of the general public, SBI strives to make the application procedure as straightforward as feasible. No underwriting or bank balance history will be required; if an application for an Unnati card is presented, the bank will approve the application based on the KYC evidence.
Fees And Charges Of SBI Unnati Credit Card
| Type of Charge | Fee |
|---|---|
| Annual Fee (5th Year Onwards) | Rs.499 |
| Add-on card | Nil |
| Finance Charges | As much as 3.50% monthly |
| Interest-free Credit Period | 20 days to 50 days |
| Cash Advance Limit | Up to 80% of the credit amount, up to a daily cap of Rs. 12,000 |
| Free credit period | Nil |
| Cash Advance Fee at SBI ATMs | 2.5% of the transaction’s total up to a maximum of Rs. 500. |
| Cash Advance Fee at other bank ATMs | 2.5% of the transaction’s total up to a maximum of Rs. 500. |
| Cash Advance Fee at International ATMs | 2.5% of the transaction’s total up to a maximum of Rs. 500. |
| Cash Payment Fee | Rs.100 |
| Payment Dishonour Fee | 2% of the transaction’s total up to a maximum of Rs. 500. |
| Cheque Fee | Rs.100 |
| Card Replacement Fee | Rs.100 |
| Emergency card replacement when abroad | Actual price, with a minimum payment of Rs.175. |
| Foreign Currency Transaction mark up | 3.5% |
| Rewards Redemption | Rs.99 |
| Over limit Charges | 2.5% of the total, but no less than Rs. 600 |
| Railway tickets via ticket counters | 2.5% of the transaction value plus 30 rupees |
| Railway tickets via official online portal | 1.8% of the transaction’s total value plus the service fee |
| Fuel surcharge waiver | 1% off of purchases between Rs. 500 and Rs. 3,000 |
Benefits And Features Of SBI Unnati Credit Card
Rewards
- For every Rs. 100 spent, cardholders can earn one reward point.
- Gifts from the Rewards Catalogue can be purchased with the reward points.
- Milestone Rewards: Rs. 500 cashback after reaching Rs. 50,000 in annual spending. This achievement award is valid for the entire membership year.
- Transactions involving Balance Transfer, Encash, Flexipay, Cash Advance, and Fuel are excluded from the Reward Points Programme.
Milestone Benefits
If you spend at least 50,000 in one year, you can get a 500 cashback. The incentive will be valid for all membership years.
Interest Free Credit Period
Individuals may be given a 20–50 day interest-free credit period on their retail purchases. The payment of the outstanding sums from prior months will also affect how long the interest-free period lasts.
Fuel Surcharge Waiver
For any transaction with a value of between 500 and 3,000, the fuel cost is waived by 1% when using the card. Wherever applicable, GST and other fees are not included in the aforementioned range.
Payment Of Utility Bills
Lacking the funds to pay your increasing phone, mobile, or electricity bills? Use the Unnati card to conveniently pay all of your utility payments.
Balance Transfer On EMI
When paying off credit card debt, this tool can help you save a tonne of money. You only need to transfer the remaining balance from another bank’s credit card to the SBI Unnati Credit card to take advantage of the feature and pay the EMIs with a cheaper interest rate.
Customers seeking for a BT to Unnati can choose from interest rates of 0.50% for 3 months and 0.75% for 6 months. A fee of 3% would be taken out of your account if you wanted to pre-close the balance transfer (BT) option. The amount of BT will be sent to Unnati if you transfer the balance from a Visa credit card within three business days. If the transfer is completed using a credit card other than a Visa, you will get a cheque within five business days that contains the BT amount.
Massive Acceptance
More than 24 million shops globally, including 3,25,000 in India, accept the card for payment. In-store purchases can be made using a Visa or Mastercard. This is a significant aspect of the card.
Cash Withdrawal Facility
More than 1 million ATMs that accept Visa or Mastercard are available for usage with the card. Cash withdrawals are permitted up to 80% of the credit limit. A maximum withdrawal of 12,000 can be made per day.
International Credit Card
Over 24 million merchant locations around the world accept the SBI Unnati credit card.
SBI Unnati Credit Card Offers
Offers & discounts from leading companies like Zomato, Xiaomi, Ajio, MakeMyTrip, Amazon, ClearTrip, Samsung, Yatra, and many more are available with SBI Cards on SBI Unnati. Additionally, cardholders of SBI Card can take advantage of unique, city-specific discounts.
Late Payment Charges
| Outstanding Amount | Charges |
| Up to Rs 500 | NIL |
| Above Rs 500 to Rs 1,000 | Rs 400 |
| Above Rs 1,000 to Rs 10,000 | Rs 750 |
| Above Rs 10,000 to Rs 25,000 | Rs 950 |
| Above Rs 25,000 to Rs 50,000 | Rs 1,100 |
| Above Rs 50,000 | Rs 1,300 |
How To Apply For SBI Unnati Credit Card?
SBI Unnati provides a number of alluring features and advantages. The application process for the SBI Unnati lifetime free credit card is simple. By following the instructions listed below, you can submit an online card application through our website:
- On our website’s home page, select the ‘Credit Cards’ tab.
- Enter all necessary information, such as your name, phone number, email address, employment information, income information, etc.
- Share the OTP you received on your number to validate your mobile number.
- Our credit card specialists will give you a call soon to assist you in completing the credit card application process.
- By visiting your local SBI bank and completing the application, you can apply for an SBI Unnati credit card.
- Additionally, you can apply by calling the SBI Card Helpline at (392) 202-0202.
SBI Offers Credit Card For Individuals Without Credit History
We are all aware that obtaining a credit card is difficult without a great credit history, which is a requirement when applying for one. The largest public sector bank in the nation has introduced a programme to address this issue, under which individuals without any credit history or who have never used credit will be issued a “SBI Unnati” credit card if they deposit a minimum of Rs. 25,000 with the bank.
SBI Unnati Credit Card Eligibility
Even those without a credit history can apply for an SBI Unnati credit card and have it given to them if they have a minimum 25,000 rupee fixed deposit. This indicates that you can easily secure the card by making a 25,000 fixed deposit. Additionally, a candidate must be a resident of India, be at least 18 years of age, and not be older than 65.
Documents Required For SBI Unnati Credit Card
If the aforementioned credit card eligibility requirements are satisfied, you must provide the bank with the necessary credit card documentation. It is recommended that you have the following paperwork on hand before starting the SBI Unnati credit card online application process:
- Two colorful passport-size pictures
- Identity Documents: Passport, PAN Card, and Aadhaar Card
- Residence I.D. Documents: Voter ID, Passport, and Utility Bill
- ITRs from the previous two years, most recent pay stubs, bank stubs from the previous three months, etc.
SBI Unnati Credit Card Bill Payment
You can use a National Electronic Fund Transfer (NEFT), online banking, mobile banking, cheque, or even a cheque to settle the bill for purchases made using an Unnati credit card.
SBI Unnati Credit Card Status
You’d like to know the application’s status after submitting it. If you are an existing customer with the mentioned facility, you can use the SBI net banking channel for that. Additionally, you can go to the bank’s official website and input your application number in the blank field under “Track Your Application.” The information pertaining to Unnati’s state will appear on your computer as soon as you accomplish that.
SBI Unnati Credit Card Statement
Your SBI card’s monthly statement gives you access to information about your card, including account and transaction information. You receive these statements on a regular basis on your mail ID, and you may use them to view your credit card details, such as a list of all transactions made using your SBI card.
How To Reach SBI Unnati Credit Card Customer Care?
You can get in touch with the SBI credit card customer service if you have any questions about the SBI Unnati credit card limit, the necessary paperwork, your eligibility for the card, how to use its perks, or anything else.
Contacting SBI customer service is free and may be done at 1800 180 1290.
For any questions regarding credit cards, you can go visit the official SBI website and communicate with Ask ILA, SBI’s virtual assistant. You can get in touch with SBI customer service, if you want to submit a formal written query.
Customer care services manager.
The company SBI Cards & Payment Services Ltd.
Tower C of DLF Infinity Towers
Block 2, Building 3, 12th Floor, DLF Cyber City, Gurgaon
Punjab 122 002
Conclusion
The SBI Unnati credit card is a straightforward secured credit card and a wonderful option for people who enjoy using their credit card to pay for necessities like utility bills, EMIs, and other outlays.
FAQs
What is the Reward Points structure on the SBI Unnati Credit Card?
The Rewards Points structure on the SBI Unnati Credit Card offers 1 reward point for every Rs.100 spent on the card. However, you cannot avail the reward points for transactions related to cash advances, fuel transactions, and balance transfer.
I have misplaced my SBI Unnati Credit Card. What should I do next?
If you have lost or misplaced your SBI Unnati Credit Card, you should contact the SBI Card customer care at the earliest and inform the same. The card will be blocked immediately and a fresh card will be issued for you.
I found the SBI Unnati Credit Card which I had misplaced earlier. Can I use it again?
No, you cannot use a credit card which has already been reported to be missing and has been blocked. If you happen to find the card after misplacing it, you should just cut the card through the middle of the magnetic strip and dispose it off.
How to check SBI Card Unnati application status?
You can track the SBI card Unnati application status by visiting the official SBI website. Just follow these steps:
Step1: Go to the ‘Apply’ tab.
Step 2: Click on ‘Track My Application’.
Step 3: Select the SBI credit card you have applied for to track its application status.
What is the SBI Unnati Credit Card limit?
The SBI Unnati Credit card limit differs from person to person and is decided for the cardholder by the internal SBI Cards & Payment Services Private Limited (SBICPSL) credit criteria. The total credit limit given to a cardholder is communicated at the time of card delivery.
How can I view my SBI card statement?
Follow the steps below to view your SBI credit card bill/statement:
- Log in to your account using your user ID and password.
- In the ‘my accounts’ section, you can click on ‘card statement’ to view or download your statement.
How do I check my credit card balance?
You can check your credit card balance in the following ways:
- SMS: type BAL (space) and last 4 digits of your credit card and send it to 5676791 from your registered mobile number.
- Netbanking: log in to your account and check the available balance in the ‘accounts summary section’.
- Missed call service: you can give a missed call on 8422845513 from your registered mobile number. within some time, you will receive an SMS on your mobile stating your credit card balance.
How can I pay my SBI Unnati credit card bill?
You can make your SBI credit card bill payment using the following modes:
- NEFT payment
- Cheque payment at the nearest branch of SBI bank
- Online payment
- You can also visit any SBI ATM to make your credit card payment
How can I redeem my reward points?
The reward points accumulated on your credit card can be redeemed to purchase gift items available in the rewards catalogue. to redeem your reward points, follow the steps below:
- Login to www.sbicard.com with your user ID and password
- Click on rewards > redeem rewards
- You can browse through the rewards catalogue and select the item of your choice
- After that, click on ‘redeem now’ and confirm
What is the validity of reward points of SBI Unnati credit card?
The reward points are valid for a period of 24 months
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