Leading public sector bank SBA is increasing the annual maintenance charges of certain debit cards. The revised rates will be effective from April 1. The increase is in the existing annual rates for Classic, Silver, Global and Contactless Debit Cards and the annual rates for Yuva, Gold and Combo Debit Cards.
From April 2024, the annual maintenance charge for classic debit cards will increase by Rs 200 plus GST. Currently, the annual fee is Rs 125 plus GST.
The annual maintenance charge for Yuva debit cards will increase by Rs 250 plus GST from next month. Currently, the annual maintenance charge is Rs.175 plus GST. Customers of premium business debit cards such as Premium Business CardPride are currently charged an annual maintenance charge of Rs 350 plus GST. From April 2024, the annual rate will increase to Rs 425 plus GST.
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