M16S / State Bank of India (SBI Card) / SBI Card Vyapaar Unnati
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SBI Card Vyapaar Unnati
The SBI Card Vyapaar Unnati costs Rs 499 a year. The forex markup is 3.5%. Read from the issuer's own documents on 11 Oct 2026.
- Annual fee
- Rs 499+ GST
- Fee waived at
- —
- Base return
- —
- Forex markup
- 3.5%
- Interest
- 3.75%a month
Fees
| Joining fee | Free |
|---|---|
| Annual fee | Rs 499 |
| Fee notes | Free for first four years; Rs 499 thereafter (MITC). |
Travel and perks
| Forex markup | 3.5% |
|---|
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 |
| Fine-print notes | Small-trader card; fee schedule only. Current availability not confirmed. 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 SBI Card Vyapaar Unnati?
- Rs 499 a year, before GST.
- What is the forex markup on the SBI Card Vyapaar Unnati?
- 3.5% of each foreign-currency transaction, before GST.