एसबीआई सिम्पलीसेव मर्चेंट कार्ड
जारीकर्ता बैंक / संस्था: State Bank of India (SBI Card)
Lifetime zero-annual-fee MSME credit card designed for retail shopkeepers and traders providing short-term inventory financing and supplier rewards.
💳कार्ड विवरण एवं मुख्य लाभ (Card Overview & Benefits)
कार्ड का संक्षिप्त विवरण
SBI SimplySAVE Merchant Card is a specialized business credit card engineered specifically for Micro, Small, and Medium Enterprises (MSMEs), retail traders, and shopkeepers. It provides interest-free short-term supplier financing with zero annual fees to support business liquidity.
Zero annual fee, instant POS/UPI QR settlement integration, and dedicated short-term working capital credit limit.
No complimentary airport lounge access.
1% fuel surcharge waiver for transactions between ₹500 and ₹3,000 at all petrol pumps in India (maximum ₹100 per billing cycle).
Priority business loan sanctions and working capital credit limit enhancements based on merchant settlement track record.
📋पात्रता मानदंड एवं नियम (Eligibility & Requirements)
पात्रता की शर्तें
Sole proprietors, traders, partnership firms, and MSME business owners with active GSTIN or Udyam Registration.
न्यूनतम वार्षिक आय आवश्यकता
₹3,00,000 annual business turnover / audited P&L
📂आवश्यक दस्तावेज (Required Documents)
1. PAN Card of Proprietor / Firm 2. Udyam Registration Certificate or Trade License 3. Last 6 months' Current Account Bank Statements 4. Aadhaar Card of Authorized Proprietor / Partner.
⚠️क्या कमी है / महत्वपूर्ण शुल्क चेतावनियां (Honest MITC Disclosures & Hidden Costs)
Requires maintaining a merchant current account or active POS/QR settlement history. Certain terms mandate settlement of the Total Amount Due rather than rolling over a Minimum Amount Due. No airport lounge access.
🚀आवेदन के चरण (How to Apply)
Step 1: Visit sbicard.com/apply or open the YONO SBI app and select SBI SimplySAVE Merchant Card. Step 2: Select card and check instant eligibility (soft pull with zero impact on CIBIL credit score). Step 3: Fill online application form with personal, residence, and occupational details (takes 5–10 minutes). Step 4: Upload required KYC documents (Aadhaar, PAN, and latest salary slip/ITR proof). Step 5: Complete digital verification via online Video KYC (or schedule branch verification for first-time applicants). Step 6: Card dispatched within 5–7 working days via secure speed post; activate via SMS or SBI Card App.
❓अक्सर पूछे जाने वाले प्रश्न (FAQs)
What happens if I miss the minimum payment due on SBI SimplySAVE Merchant Card?
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: Standard tiered slab: 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) on overdue balances. 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 SimplySAVE Merchant Card 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 SimplySAVE Merchant Card?
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. Redeemable for inventory vouchers or direct statement credit. Please note: Points valid for 24 months from accrual.
What is the interest-free grace period on SBI SimplySAVE Merchant Card and how does it work?
The interest-free period on SBI SimplySAVE Merchant Card is Up to 50 days (Total Amount Due payable in full; no minimum payment rollover on certain merchant setups).. 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) on overdue balances.) with zero grace period. ATM cash withdrawals never receive a grace period and incur interest and cash advance fees from the withdrawal timestamp.