Get SBI Card Unnati Irrespective of No Credit History

Now-a-days there is no need to exert yourself for getting a credit card of your own choice as there are several banks who have various credit cards designed to cater to your requirements. If you look at State Bank of India which encloses maximum customers under its digital space, brings out this new provision of offering you a credit card that meets the people's immediate financial needs. SBI Unnati Credit Card is one such card that covers up all these provisions. Even a person without any previous credit history can apply for this credit card which will be provided free from any annual fee for first four years.

All you need is to maintain a minimum account balance of  ₹ 25,000 in your SBI Savings bank account; an SBI Unnati Credit Card will be provided to you at your doorstep.

When SBI Card Unnati gets launched, SBI ensures for making the application process simpler than ever before, thereby, creating possible avenues for the convenience of the common man. Only KYC documents attached with your application form is appropriate for accepting your application towards SBI Card Unnati. Now, a common man no longer has to go through endless documentation processes for availing a credit card as SBI will envelop them under the canopy of SBI Card Unnati.

SBI Unnati Credit Card Eligibility

Any general customer of SBI maintaining a minimum balance of ₹ 25,000 is eligible to apply for SBI Card Unnati.

SBI Unnati Credit Card Features

• The users of SBI Unnati Credit Card can get ₹ 500 cashback on spends of ₹ 50,000 or more in a year.

• The users can avail one reward point per ₹ 100 spent on the card.

• Users can use their SBI Card Unnati across 24 million outlets throughout the world which includes 3,25,000 outlets in India.

• SBI Unnati Credit Card facilitates payment at any outlet that accepts Visa or MasterCard.

• The users can prompt their family to access add-on cards which include usage their parents, spouse, children or siblings over the age of 18.

• Withdrawing of cash is available from over one million Visa or Master Card ATMs across the world.

• The payment for their electricity, telephone, mobile and other utility bills can be made by using the Easy Bill Pay facility on SBI Unnati Credit Card.

• The transfer of the outstanding balance of other banks' credit cards can be made to SBI Card Unnati and get a lower interest rate and pay back in equated monthly installments(EMIs).

• The users of SBI Card Unnati can use Flexipay option in order to convert their transactions into easy monthly installments. The purchases can also be made worth ₹ 2,500 or more using their SBI Card Unnati and log in with their username and password on SBI Card website within 30 days of purchase for converting it into Flexipay.

• With an Easy Money facility, users can get a draft or a cheque against their cash limit and avail a delivery at their doorstep.

SBI Unnati Credit Card Charges

1. Extended Credit

• For retail purchases, users will get 20 to 50 days interest fee credit period and such periods will be levied if the users have settled down their previous months' outstanding balance.

• The service charges would be levied upto 2.50% per month which amounts to 30.0% per annum from the transaction. These charges are categorized as finance charges.

• Under the minimum amount due, SBI Card Unnati offers 5 % of the total outstanding (minimum ₹ 200 +all applicable taxes+EMI(in case of EMI based product)+overlimit amount(if any)).

2. Cash Advance Limit

• It offers up to 80% of credit limit with a maximum of ₹ 12,000 per day

• On Withdrawing cash, 2.50% per month would be a chargeable amount, accounting to 30.0% per annum from the withdrawal date.

3. Cash Advance Fees

• 2.5% of the transaction amount is charged on SBI ATMs or other bank ATMs, subject to a minimum of ₹  300.

• 3% of transaction amount is charged for using international ATMs, subject to a minimum of ₹ 300.

4. Other Charges

• ₹ 90 will be charges for cheque pick up for SBI Card Unnati.

• 2% of the payment amount will be charged as a payment dishonour fees, subject to a minimum of ₹ 350.

• ₹ 100 per statement will be the charges which are two or three months old for gaining access to your statements for SBI Card Unnati.

• ₹ 225 per retrieval of the slip will be charged for SBI Unnati Credit Card.

5.  Card Replacement

₹ 100 is charged for replacing SBI Card Unnati.