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 npci.org.in & pmjdy.gov.in (National Payments Corporation of India / Ministry of Finance) Most Important Terms and Conditions (MITC).

🏛️National Payments Corporation of India (RuPay)Network: RuPayStudent CardsLast Verified: 2026-09-28

SBI RuPay Classic Card (Jan Dhan Linked)

एसबीआई रुपे क्लासिक कार्ड (जन धन योजना)

Financial inclusion RuPay card issued under PMJDY with ₹2 Lakh accidental insurance cover, ₹0 fee forever, and subsidized overdraft facility.

Annual FeeLifetime Free (₹0 Joining Fee / ₹0 Annual Maintenance Fee)

Reward RateFinancial inclusion card designed for basic citizen transactions: 1 Reward Point per ₹200 on POS and e-commerce transactions. High subsidized merchant transaction convenience on Bharat BillPay and direct benefit transfer (DBT) subsidies.

Airport LoungeNo complimentary airport lounge access is included on this Jan Dhan financial inclusion card.

Forex MarkupDomestic card strictly restricted to Indian Rupee (INR) transactions within India.

What Is This Card

SBI RuPay Classic Card is India's sovereign financial inclusion payment card issued in conjunction with Pradhan Mantri Jan Dhan Yojana (PMJDY) Basic Savings Bank Deposit (BSBD) accounts. Built by the National Payments Corporation of India (NPCI), it ensures every Indian citizen has access to digital payments and comes with a built-in ₹2,00,000 accidental insurance cover at zero cost.

Key Benefits (Official MITC Sourced)

💳Annual Fee & Joining Fee

Lifetime Free (₹0 Joining Fee / ₹0 Annual Maintenance Fee)

Fee Waiver: Unconditionally Lifetime Free under Government of India Pradhan Mantri Jan Dhan Yojana (PMJDY) statutory guidelines.

🎁Welcome Benefit

Zero joining fee, zero annual maintenance charge, and automatic non-contributory ₹2,00,000 accidental death/permanent disability insurance cover funded by NPCI (for cards issued after August 28, 2018).

⚡Reward Points Structure

Financial inclusion card designed for basic citizen transactions: 1 Reward Point per ₹200 on POS and e-commerce transactions. High subsidized merchant transaction convenience on Bharat BillPay and direct benefit transfer (DBT) subsidies.

Redemption Value: 1 Reward Point = ₹0.25 redeemable against utility bills or statement balance.

🛫Airport & Railway Lounge Access

No complimentary airport lounge access is included on this Jan Dhan financial inclusion card.

🛡️Insurance & Fuel Surcharge Waiver

Insurance Cover: Statutory NPCI Accidental Insurance Cover of ₹2,00,000 against accidental death or permanent total disability. Condition: Card must have been used for at least one successful financial or non-financial transaction at an ATM, POS, or e-commerce channel within 90 days prior to the incident date.

Fuel Surcharge: 1% fuel surcharge waiver on transactions across all petrol pumps in India.

🎯Milestone Spends & Grace Period

Milestones: Overdraft facility of up to ₹10,000 sanctioned to eligible account holders after 6 months of satisfactory PMJDY account operation. Direct linkage to Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY).

Interest-Free Period: Zero interest credit line for standard DBT transfers; up to 45 days for overdraft credit facility.

What's Missing (Eligo's Honest Disclosures)

Fine-Print Exclusions & Realistic Costs

To keep the ₹2 Lakh accidental insurance valid, the card must be swiped at least once every 90 days. Does not support international transactions. Overdraft facility (up to ₹10,000) requires branch manager discretion after 6 months of continuous account maintenance. No lounge access.

Forex Markup FeeDomestic card strictly restricted to Indian Rupee (INR) transactions within India.

Cash Advance FeeFree cash withdrawals up to 4 times a month across all SBI and partner domestic ATMs.

Finance Charges (Interest)Statutory subsidized micro-overdraft rate (typically Base Rate / MCLR + 2.00% p.a., roughly 10.50% to 12.00% per annum), far below standard 42% commercial credit rates.

Late Payment SlabsNil late payment penalty under government financial inclusion guidelines.

Reward Points ExpiryPoints valid for 24 months from the date of accrual.

Categories Earning ZERO Rewards (Standard MITC Exclusion):Cash withdrawals, government DBT transfers, and subsidized PDS purchases.

Eligibility Criteria

Any Indian citizen aged 10 years or older holding a Basic Savings Bank Deposit Account (BSBDA) or PMJDY account at any State Bank of India branch or Bank Mitra / Customer Service Point (CSP). Zero income proof or minimum balance required.

Age Requirement18 to 75 Years

Minimum Income₹0 (Zero income proof required; issued with PMJDY / Basic Savings Bank Account)

CIBIL Score NoteNo credit history or CIBIL score required. Open to unbanked individuals, rural households, and students.

SBI RelationshipMandatory. Must hold an active PMJDY or BSBDA account at SBI.

How to Apply (Official Procedure)

Online Digital Application Flow

1Walk into any State Bank of India branch or authorized Customer Service Point (Bank Mitra CSP).

2Request opening of a Pradhan Mantri Jan Dhan Yojana (PMJDY) basic savings account.

3Submit simplified KYC documents (Aadhaar or Voter ID).

4Complete biometric fingerprint e-KYC authentication.

5Account is opened instantly with zero minimum balance requirement.

6RuPay Classic Card is issued across the counter or delivered to applicant's village/residential address within 7 to 10 days.

Branch Application for Offline Applicants

Direct in-person application at any SBI rural, semi-urban, or urban branch, or via any authorized SBI Banking Correspondent (BC / CSP) kiosk.

Visit Official Card Page (npci.org.in)Download Official MITC (PDF)

Documents Required

1. PAN Card or Form 60 (statutory)

2. Proof of Identity & Residence: Aadhaar Card (primary preferred document) OR Voter ID, NREGA Job Card, or Driving License

3. Two passport-sized photographs.

Frequently Asked Questions (Official MITC)

What happens if I miss the minimum payment due on SBI RuPay Classic Card (Jan Dhan Linked)?

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 late payment penalty under government financial inclusion guidelines.. In addition, revolving finance charges at Statutory subsidized micro-overdraft rate (typically Base Rate / MCLR + 2.00% p.a., roughly 10.50% to 12.00% per annum), far below standard 42% commercial credit rates. 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 RuPay Classic Card (Jan Dhan Linked) into EMI?

Yes, National Payments Corporation of India (RuPay) 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 RuPay Classic Card (Jan Dhan Linked)?

You can monitor accrued reward points or cashback by accessing your monthly e-statements or logging into National Payments Corporation of India (RuPay)'s official mobile banking application or web portal. 1 Reward Point = ₹0.25 redeemable against utility bills or statement balance. Please note: Points valid for 24 months from the date of accrual.

What is the interest-free grace period on SBI RuPay Classic Card (Jan Dhan Linked) and how does it work?

The interest-free period on SBI RuPay Classic Card (Jan Dhan Linked) is Zero interest credit line for standard DBT transfers; up to 45 days for overdraft credit facility.. 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 (Statutory subsidized micro-overdraft rate (typically Base Rate / MCLR + 2.00% p.a., roughly 10.50% to 12.00% per annum), far below standard 42% commercial credit rates.) 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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