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

SBI Card Unnati

एसबीआई कार्ड उन्नति

Financial inclusion and credit-builder card issued against ₹25,000 SBI Fixed Deposit with zero income proof, zero annual fee for 4 years, and ₹500 milestone cashback.

Annual FeeNIL for first 4 years (₹499 + GST from 5th year onwards)

Reward Rate1 Reward Point per ₹100 spent on all retail transactions.

Airport LoungeNo complimentary airport lounge access.

Forex Markup3.50% + GST.

What Is This Card

SBI Card Unnati is a financial inclusion and credit-builder card introduced to help individuals with no prior credit history, informal-sector workers, homemakers, and self-employed traders establish a pristine CIBIL score. It requires zero income proof, zero annual fee for 4 years, and is secured against an SBI Fixed Deposit (₹25,000 minimum).

Key Benefits (Official MITC Sourced)

💳Annual Fee & Joining Fee

NIL for first 4 years (₹499 + GST from 5th year onwards)

Fee Waiver: Spend ₹50,000 or more in the preceding year to waive the ₹499 renewal fee from the 5th year onwards.

🎁Welcome Benefit

Zero annual fee for the first 4 years and 100% approval against an SBI Fixed Deposit of ₹25,000 or more without requiring any income proof or previous credit history.

⚡Reward Points Structure

1 Reward Point per ₹100 spent on all retail transactions.

Redemption Value: 4 Reward Points = ₹1.00 (1 Reward Point = ₹0.25).

🛫Airport & Railway Lounge Access

No complimentary airport lounge access.

🛡️Insurance & Fuel Surcharge Waiver

Insurance Cover: Lost card liability coverage up to credit limit under zero lost card liability.

Fuel Surcharge: 1% fuel surcharge waiver for transactions between ₹500 and ₹3,000 at all petrol pumps in India (maximum ₹100 per statement cycle).

🎯Milestone Spends & Grace Period

Milestones: ₹500 cashback on annual spends of ₹50,000 within 12 months of card issuance.

Interest-Free Period: 20 to 50 days.

What's Missing (Eligo's Honest Disclosures)

Fine-Print Exclusions & Realistic Costs

Requires maintaining a locked Fixed Deposit of at least ₹25,000 with SBI; premature FD liquidation cancels the credit card. Basic reward rate of 1 point per ₹100 without accelerated spending categories. No airport lounge access.

Forex Markup Fee3.50% + GST.

Cash Advance Fee2.5% of transaction amount or ₹500 (whichever is higher) + 2.75% per month finance charge.

Finance Charges (Interest)Up to 2.75% per month (33.00% per annum) — lower than standard unsecured commercial credit cards.

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 (2 years) from the date of accrual.

Categories Earning ZERO Rewards (Standard MITC Exclusion):Fuel transactions, utility payments, wallet reload, and government services.

Eligibility Criteria

Any Indian resident holding an SBI savings bank account and an active SBI Fixed Deposit of ₹25,000 or more. Age 21 to 70 years.

Age Requirement21 to 70 Years

Minimum Income₹0 (Zero income proof; secured against SBI Fixed Deposit of ₹25,000+)

CIBIL Score NoteNo previous credit history or CIBIL score required. Ideal credit builder product.

SBI RelationshipMandatory. Must hold an SBI Fixed Deposit account of ₹25,000 or higher.

How to Apply (Official Procedure)

Online Digital Application Flow

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

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

Walk into any SBI branch with Fixed Deposit Advice and PAN card. Branch officer marks lien in CBS and generates the instant Unnati card application.

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

Documents Required

1. PAN Card

2. Aadhaar Card (Identity and Address Proof)

3. SBI Fixed Deposit Receipt (FDR) / Account statement.

Frequently Asked Questions (Official MITC)

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

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 2.75% per month (33.00% per annum) — lower than standard unsecured commercial credit cards. 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 SBI Card Unnati 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 SBI Card Unnati?

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. 4 Reward Points = ₹1.00 (1 Reward Point = ₹0.25). Please note: Reward points expire 24 months (2 years) from the date of accrual.

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

The interest-free period on SBI Card Unnati 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 2.75% per month (33.00% per annum) — lower than standard unsecured commercial credit cards.) 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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