M16S / State Bank of India (SBI Card) / Doctor's SBI Card (incl. IMA variant)
mid · rewards
Doctor's SBI Card (incl. IMA variant)
The Doctor's SBI Card (incl. IMA variant) costs Rs 1,499 a year, waived if you spend Rs 2,00,000 in a year. Its base return is 0.25% (1 RP per Rs 100 on all other spends). The forex markup is 3.5%. Lounge visits in India: 4 per year, max 1 per quarter. Abroad: 4 per year, max 2 per quarter, via Priority Pass. Read from the issuer's documents and an aggregator on 12 Oct 2026.
- Annual fee
- Rs 1,499+ GST
- Fee waived at
- Rs 2,00,000annual spend
- Base return
- 0.25%
- Forex markup
- 3.5%
- Interest
- 3.75%a month
Apply on sbicard.comOpens the bank’s own page.
Fees
| Joining fee | Rs 1,499 |
|---|---|
| Annual fee | Rs 1,499 |
| Annual spend that waives the fee | Rs 2,00,000 |
| Fee notes | Renewal fee (from second year) reversed on Rs 2 lakh annual spend. |
Rewards
| Welcome benefit | Rs 1,500 Yatra.com e-gift voucher |
|---|---|
| Reward currency | Reward Points |
| Base earn | 1 RP per Rs 100 on all other spends |
| Base return | 0.25% |
| Point value | 4 RP = Re 1 (Rs 0.25 per RP) against card outstanding; also rewards catalogue |
| Accelerated earn | 5X Reward Points on medical supplies, travel bookings and international spends, and on all spends on Doctor's Day (1 July) |
| Caps | 5X points capped at 7,500 per month (issuer notice, 20 Aug 2020) |
| Spends that earn nothingunverified | Fuel, rent, government, EMI, cash, balance transfer |
| Points expiry | 24 months |
| Milestone benefits | Rs 5,000 e-gift voucher (Yatra.com, Bata or Shoppers Stop) on Rs 5 lakh annual spend |
| Reward notes | base_return_pct = 1 RP per Rs 100 x Rs 0.25 (both stated on the product page). Reward redemption fee Rs 99 + GST on physical products, statement credit and physical vouchers (MITC). From 1 Apr 2026 statement-credit redemption is capped at 60,000 points a month and allowed only in multiples of 4,000 points (issuer notice). Points on Flexipay/merchant EMI are reversed; wallet loads (MCC 6540/6541) earn nothing; points on spends that got an instant discount/cashback offer are forfeited. |
Travel and perks
| Domestic lounge | 4 per year, max 1 per quarter |
|---|---|
| International lounge | 4 per year, max 2 per quarter, via Priority Pass |
| Lounge conditions | Complimentary Priority Pass membership worth USD 99; visits beyond the free quota cost USD 27 + taxes each. |
| Forex markup | 3.5% |
| Fuel surcharge waiver | 1% on fuel txns Rs 500-4,000, cap Rs 250 per statement cycle |
| Other freebies | Professional indemnity insurance cover of Rs 20 lakh (legal and defence costs, out-of-court settlements, court awards; nil deductible); Priority Pass membership; IMA variant is issued in association with the Indian Medical Association |
Charges and eligibility
| Interest per month | 3.75% |
|---|---|
| Late payment fee | On outstanding amount due: Nil up to Rs 100; Rs 100 (>100-500); Rs 500 (>500-1,000); Rs 750 (>1,000-10,000); Rs 950 (>10,000-25,000); Rs 1,100 (>25,000-50,000); Rs 1,300 (>50,000); plus Rs 100 if minimum due missed two cycles running (slabs as revised 1 May 2026) |
| Cash advance fee | 2.5% of amount, min Rs 500; ATM limit Rs 15,000/day; interest from day one |
| Eligibilityunverified | Medical practitioners |
| Fine-print notes | Issuer product page (rendered text) read 2026-10-12; fees, forex, interest and penalty fields are from the issuer MITC/KFS; fields not listed in unverified_fields are from the product page or other issuer documents. Page vs earlier value: fuel_surcharge_waiver was '1% waiver (aggregator states txns Rs 400-5,000)' from cardinsider.com, page says Rs 500-4,000 with Rs 250 cap per statement cycle. Both variant pages were read (doctors-sbi-card.page and lifestyle/doctors-ima-sbi-card.page); they state identical fees, rewards, lounge and insurance terms, the IMA page adding only the IMA association. Page does not state the 5X cap, exclusions, network or eligibility. Issuer-wide (MITC): rent payments carry Rs 199 fee; utility bills totalling over Rs 50,000 in a cycle carry 1% fee; wallet loads over Rs 1,000 carry 1% fee; education payments via third-party apps carry 1% fee; forex markup is not reversed on refunds; fees shown exclude 18% GST. |
Questions
- What is the annual fee of the Doctor's SBI Card (incl. IMA variant)?
- Rs 1,499 a year, before GST. It is waived if you spend Rs 2,00,000 in a year.
- Does the Doctor's SBI Card (incl. IMA variant) give airport lounge access?
- Yes. In India: 4 per year, max 1 per quarter. Outside India: 4 per year, max 2 per quarter, via Priority Pass. Conditions: Complimentary Priority Pass membership worth USD 99; visits beyond the free quota cost USD 27 + taxes each.
- What is the forex markup on the Doctor's SBI Card (incl. IMA variant)?
- 3.5% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the Doctor's SBI Card (incl. IMA variant)?
- Fuel, rent, government, EMI, cash, balance transfer