INDEPENDENT PUBLIC DIRECTORY: Eligo does not issue credit cards, collect customer applications, or earn affiliate referral commissions. All terms, fees, and interest charges below are sourced directly from the official sbicard.com (SBI Cards and Payment Services Ltd.) Most Important Terms and Conditions (MITC).

🏛️State Bank of India (SBI Card)Network: VisaSalaried & Everyday CardsLast Verified: 2026-09-28

Apollo SBI Card SELECT

अपोलो एसबीआई कार्ड सेलेक्ट

Premium healthcare credit card offering OneApollo Platinum tier, up to 10% value back on Apollo healthcare, 4 domestic lounge visits, and annual health checkup.

Annual Fee₹1,499 + GST (Renewal: ₹1,499 + GST)

Reward RateUp to 10% value back (Reward Points) on Apollo services, consultations, and Apollo 24|7 orders. 3 Reward Points per ₹100 on dining and entertainment. 1 Reward Point per ₹100 on other retail.

Airport Lounge4 complimentary domestic airport lounge visits per calendar year (max 1 visit per quarter).

Forex Markup3.50% + GST.

What Is This Card

Apollo SBI Card SELECT is a premium healthcare card providing enhanced health savings, complimentary full-body check-up vouchers, domestic airport lounge access, and OneApollo Platinum membership for wellness-conscious individuals.

Key Benefits (Official MITC Sourced)

💳Annual Fee & Joining Fee

₹1,499 + GST (Renewal: ₹1,499 + GST)

Fee Waiver: Spend ₹2,00,000 or more in the preceding membership year to get the annual renewal fee of ₹1,499 reversed.

🎁Welcome Benefit

1,500 bonus Reward Points (worth ₹1,500) upon payment of joining fee + complimentary OneApollo Platinum Tier Membership.

⚡Reward Points Structure

Up to 10% value back (Reward Points) on Apollo services, consultations, and Apollo 24|7 orders. 3 Reward Points per ₹100 on dining and entertainment. 1 Reward Point per ₹100 on other retail.

Redemption Value: 1 Reward Point = ₹1.00 when redeemed for Apollo Health Credits.

🛫Airport & Railway Lounge Access

4 complimentary domestic airport lounge visits per calendar year (max 1 visit per quarter).

🛡️Insurance & Fuel Surcharge Waiver

Insurance Cover: Personal accident cover of ₹10 Lakhs. Lost card liability cover up to ₹1 Lakh.

Fuel Surcharge: 1% fuel surcharge waiver for transactions between ₹500 and ₹4,000 (maximum ₹100 per statement cycle).

🎯Milestone Spends & Grace Period

Milestones: Complimentary comprehensive annual health check-up package at Apollo Hospitals on spending ₹2 Lakhs annually. Fee waiver on ₹2 Lakh spend.

Interest-Free Period: 20 to 50 days.

What's Missing (Eligo's Honest Disclosures)

Fine-Print Exclusions & Realistic Costs

Annual fee of ₹1,499 requires ₹2 Lakhs annual spend to waive. Lounge access is capped at 1 visit per quarter. Surcharge waiver limited to ₹100 per cycle.

Forex Markup Fee3.50% + GST.

Cash Advance Fee2.5% of transaction amount or ₹500 (whichever is higher) + 3.50% per month.

Finance Charges (Interest)Up to 3.50% per month (42.00% per annum).

Late Payment SlabsNil up to ₹500; ₹400 for ₹501–₹1,000; ₹750 for ₹1,001–₹10,000; ₹950 for ₹10,001–₹25,000; ₹1,100 for ₹25,001–₹50,000; ₹1,300 for above ₹50,000.

Reward Points ExpiryReward points expire 24 months from accrual.

Categories Earning ZERO Rewards (Standard MITC Exclusion):Fuel, utilities, rent, wallet reload, and government services.

Eligibility Criteria

Salaried corporate employees and self-employed professionals aged 21 to 70 years.

Age Requirement21 to 70 Years

Minimum Income₹3,60,000 per annum (Salaried) / ₹4,80,000 per annum (Self-Employed ITR)

CIBIL Score NoteRecommended CIBIL score of 720+.

SBI RelationshipNot mandatory.

How to Apply (Official Procedure)

Online Digital Application Flow

1Visit sbicard.com/apply or open the YONO SBI app and select Apollo SBI Card SELECT.

2Select card and check instant eligibility (soft pull with zero impact on CIBIL credit score).

3Fill online application form with personal, residence, and occupational details (takes 5–10 minutes).

4Upload required KYC documents (Aadhaar, PAN, and latest salary slip/ITR proof).

5Complete digital verification via online Video KYC (or schedule branch verification for first-time applicants).

6Card dispatched within 5–7 working days via secure speed post; activate via SMS or SBI Card App.

Branch Application for Offline Applicants

Available at any SBI branch or Apollo Hospital desks.

Visit Official Card Page (sbicard.com)Download Official MITC (PDF)

Documents Required

1. PAN Card

2. Aadhaar Card

3. Last 3 months' salary slips or recent ITR.

Frequently Asked Questions (Official MITC)

What happens if I miss the minimum payment due on Apollo SBI Card SELECT?

If you do not pay at least the Minimum Amount Due (MAD) on or before the due date, late payment penalties will be charged according to the issuer's tariff: Nil up to ₹500; ₹400 for ₹501–₹1,000; ₹750 for ₹1,001–₹10,000; ₹950 for ₹10,001–₹25,000; ₹1,100 for ₹25,001–₹50,000; ₹1,300 for above ₹50,000.. In addition, revolving finance charges at Up to 3.50% per month (42.00% per annum). will be calculated from the original transaction dates on all outstanding balances and fresh purchases. You will lose the interest-free grace window, and the overdue record will be transmitted to credit bureaus (CIBIL, Experian, CRIF High Mark), adversely impacting your credit score.

Can I convert transactions on Apollo SBI Card SELECT into EMI?

Yes, State Bank of India (SBI Card) provides merchant EMI and post-purchase in-app EMI conversion options for eligible transactions (typically above ₹1,500 to ₹2,500). Cardholders can configure repayment schedules from 3 to 24 months via the bank's mobile application, net banking dashboard, or SMS prompt. Conversion is subject to a nominal one-time processing fee (usually 1% to 2% + 18% GST) and tenure-based interest charges.

How do I track and redeem reward points or cashback on Apollo SBI Card SELECT?

You can monitor accrued reward points or cashback by accessing your monthly e-statements or logging into State Bank of India (SBI Card)'s official mobile banking application or web portal. 1 Reward Point = ₹1.00 when redeemed for Apollo Health Credits. Please note: Reward points expire 24 months from accrual.

What is the interest-free grace period on Apollo SBI Card SELECT and how does it work?

The interest-free period on Apollo SBI Card SELECT is 20 to 50 days.. This benefit is applicable strictly when the full Total Amount Due from the previous billing cycle was cleared by the payment due date. If any residual balance is carried forward, all purchases immediately incur daily finance charges (Up to 3.50% per month (42.00% per annum).) with zero grace period. ATM cash withdrawals never receive a grace period and incur interest and cash advance fees from the withdrawal timestamp.

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