Credit Card Late Fee Guide: How Much, When, SBI Charges (2024)?

Here’s how SBI slaps late fees based on your unpaid bill amount (plus GST-more on that in 'SBI Late Fee and GST'):

• Outstanding Amount | Late Payment Fee (₹)
• ₹0 - ₹500 | ₹0
• ₹501 - ₹1,000 | ₹100
• ₹1,001 - ₹10,000 | ₹400
• ₹10,001 - ₹25,000 | ₹500
• ₹25,001 - ₹50,000 | ₹600
• Above ₹50,000 | ₹750

SBI charges these fees only if you miss the minimum due by the due date (check 'What Triggers a Late Payment Fee?'). The fee kicks in after a 3-day grace period. Pro tip: Even if you’re short, pay the minimum due ASAP-it’s cheaper than the ₹400+ hit. For amounts under ₹500, you’re safe (for now). But remember, interest still piles up (see 'Interest Charges After Late Payment').

A late payment fee kicks in when you miss paying the Minimum Amount Due (MAD) by your credit card’s due date. According to RBI rules, SBI gives you a 3-day grace period - if you pay even the MAD within those 3 days, you dodge the fee. But if you’re late beyond that, the fee is automatic. Common triggers: forgetting the due date, insufficient funds in your linked account, or bank processing delays (yes, even a technically on-time payment can get flagged if it clears late). Pro tip: Set up autopay for the MAD as a backup - life happens, but fees don’t have to.

The fee amount depends on your total outstanding balance (check 'SBI late payment fee breakdown by bill amount' for specifics). Miss two cycles in a row? That’s when 'SBI late fee for consecutive missed payments' adds extra penalties. Late fees also pile onto your next bill, and unpaid fees accrue interest - see 'interest charges after late payment' for the ugly math. Worst case: SBI hikes your APR ('penalty APR' section) or reports the delinquency to credit bureaus ('late fee impact on your credit score'). If it’s your first slip-up, call SBI pronto - they might waive it ('can you get an SBI late fee waived?').

The total cost of an SBI late payment includes the base late fee plus 18% GST. If you miss paying the Minimum Amount Due (MAD) by the due date, SBI slaps on a tiered late fee (₹500 for bills under ₹1,000, ₹750 for ₹1,000–10,000, ₹1,100 above ₹10,000). Then, GST is calculated on top of that fee-so a ₹1,100 late fee becomes ₹1,298 total. Annoying, right? Example: Your bill is ₹15,000, and you miss the deadline. The late fee is ₹1,100 + 18% GST (₹198), totaling ₹1,298.

Always check your billing cycle-SBI gives a 3-day grace period post-due date before charging you. The GST is non-negotiable, so even if you negotiate a late fee waiver later, the tax stays. For context, this stacks with interest charges (see 'interest charges after late payment') if you don’t clear the full outstanding amount. Pro tip: Set up autopay for the MAD to dodge this mess.

Interest charges kick in the second you miss your SBI credit card payment due date-no grace period here. The bank slaps interest on your entire outstanding balance (not just the unpaid amount) from the transaction date of each purchase, typically at 3.5% per month. So if your ₹50,000 bill was due June 5th and you paid late on June 10th, you’ll owe interest for those 5 days PLUS every day until you clear the balance. Brutal, right? This compounds daily, meaning tomorrow’s interest gets calculated on today’s new total (including yesterday’s interest).

To calculate it: Divide your annual rate (say, 42%) by 365 for the daily rate (~0.115%). Multiply that by your balance and days late. A ₹20,000 balance unpaid for 30 days? That’s ₹690 in interest alone. And if you trigger a 'penalty APR' (see that section), rates jump higher. Pro tip: Paying just the minimum due still leaves your balance accruing interest-always clear the full amount ASAP to stop the bleeding.

Penalty APR is SBI’s way of hitting you with a higher interest rate when you repeatedly miss payments or default severely. Think of it as their "you’re pushing it" mode-your standard rate (say, 3.5% monthly) can jump significantly, sometimes doubling, and it applies to both existing and new balances.

SBI typically imposes this after multiple late payments or prolonged delinquency (check your card terms for exact triggers). The hike isn’t forever, though-it lasts until you consistently pay on time for 6–12 months. Pro tip: Avoid this by setting payment reminders or automating the Minimum Amount Due. If you’re already stuck, see 'can you get an sbi late fee waived?' for damage control.

SBI slaps a late fee if you miss the Minimum Amount Due (MAD) for two or more billing cycles in a row-and it’s not a one-time hit. The first miss triggers the standard late fee (₹500–₹1,300 + GST, based on your bill amount; see 'sbi late payment fee breakdown by bill amount'). But if you skip the MAD again the next month, SBI adds another identical late fee, stacking it on top of the first. No cap-this repeats every cycle until you clear the MAD.

Here’s the kicker: each unpaid late fee gets rolled into your next bill, accruing interest at ~3.5% monthly (check 'interest charges after late payment'). Say you miss ₹10,000 payments for three months-you’d owe ₹1,500–₹3,900 in late fees alone, plus GST and compounding interest. Worse, SBI may flag your account for a penalty APR (see 'penalty apr: when sbi raises your interest rate') or report the delinquency to credit bureaus, tanking your score. Pay the MAD immediately to stop the bleed.

SBI’s late fee for business credit cards works the same way as personal cards-miss the Minimum Amount Due (MAD) by even a day past the 3-day grace period, and you’re hit with a tiered fee plus 18% GST. Here’s the breakdown:

• ₹0–₹500 outstanding: ₹500 + ₹90 GST = ₹590 total
• ₹501–₹5,000: ₹600 + ₹108 GST = ₹708 total
• ₹5,001–₹10,000: ₹800 + ₹144 GST = ₹944 total
• Above ₹10,000: ₹1,300 + ₹234 GST = ₹1,534 total

The only difference? Business cards might have higher spending limits, so the "above ₹10,000" bracket could sting more often. And no, supplementary card spending won’t trigger separate fees-it all rolls up to the primary account.

Late fees stack fast if you miss multiple cycles (see 'SBI late fee for consecutive missed payments'), and interest kicks in immediately at ~3.5% monthly on the full unpaid balance. Call SBI pronto if it’s your first slip-up-they might waive the fee as a courtesy. But don’t ignore it; unpaid fees snowball into card blocks or credit score dings.

SBI charges NRI cardholders the same late fees as domestic customers-no special treatment here. If you miss paying the Minimum Amount Due (MAD) by the due date (plus the 3-day grace period), you’ll get hit with a tiered fee: ₹500 for bills under ₹1,000, ₹750 for ₹1,000–10,000, and ₹1,000 for amounts above ₹10,000. GST (18%) stacks on top, so the real cost stings more. Cross-border payments? SBI doesn’t add extra fees for currency conversion on late payments, but your bank might. Always check their foreign transaction charges-those sneaky costs add up.

To dodge late fees, set up autopay in INR or pay manually before the due date (time zones mess with processing). If you’re slapped with a fee, call SBI immediately-they sometimes waive it for first-time slip-ups. Missed payments also trigger interest (up to 3.5% monthly) on the full outstanding balance, not just the late fee. For deeper dives, see 'interest charges after late payment' or 'can you get an SBI late fee waived?'. Stay sharp, and pay on time.

Late payment fees on supplementary SBI cards aren’t charged separately-they’re bundled with the primary card’s total outstanding balance. If you miss the due date, the fee is calculated based on the combined unpaid amount (primary + supplementary spends) using SBI’s tiered structure (e.g., ₹500 for bills under ₹1,000, ₹750 for ₹1,000–10,000, etc.). The primary cardholder is solely responsible for paying the fee, even if the supplementary user made the transactions.
Example: Your spouse’s ₹8,000 shopping spree on their supplementary card pushes your total bill to ₹12,000-you’ll owe a ₹750 late fee if unpaid. Check 'sbi late fee and gst: what’s the total cost?' for the final amount after taxes.

Late fees don’t directly hurt your credit score, but the late payment they’re tied to absolutely can. If you miss the due date by over 30 days, SBI may report it to credit bureaus, tanking your score by up to 100 points. Even a single late mark stays on your report for 7 years, making loans costlier or harder to get.

The real damage? Compound penalties. Late fees pile onto your balance, and if unpaid, trigger interest charges and potential penalty APRs (see 'penalty APR: when SBI raises your interest rate'). Worse, repeated late payments signal risk, leading to stricter credit limits or denials. Pay the minimum before the due date-every time-to avoid this mess.

Yes, you can sometimes get an SBI late fee waived-but it’s not guaranteed. SBI might cancel the charge as a one-time goodwill gesture, especially if it’s your first slip-up or there was a genuine mistake (like a bank error or payment delay). Don’t expect it as a given, though. They’ll check your history and reason before deciding.

Here’s how to try:

• Call SBI customer care ASAP-the sooner, the better. Explain why the payment was late (keep it honest; sob stories don’t help).
• Politely ask for a waiver. If they say no, escalate politely-sometimes, persistence pays.
• Check 'SBI credit card late fee refund process' for steps if they agree. No promises, but it’s worth a shot.

Got hit with an SBI credit card late fee? You might get it refunded - if you act fast. Here’s how: First, call SBI customer care (1800 180 1290) or email [email protected] within 30 days of the charge. Explain why the fee shouldn’t apply (e.g., bank error, payment processed late). Polite persistence helps - mention if it’s your first slip-up.


You’ll need proof: payment receipts, bank statements, or screenshots showing the transaction timestamp. SBI reviews cases individually, so no guarantees. If approved, the refund takes 7–10 days to reflect in your statement. Pro tip: Check 'can you get an SBI late fee waived?' for negotiation tactics before escalating.


Still stuck? Escalate to the nodal officer ([email protected]) with your complaint reference number. Avoid delays - unpaid fees pile up interest and hurt your credit score. If SBI denies the refund, pay the fee ASAP to limit damage. Next, learn how late fees impact your credit score to stay ahead.

If you never pay the late fee, SBI adds it to your next bill with interest, making your debt grow. Ignoring it triggers a higher penalty APR (up to 3.5% monthly) on your entire balance, not just the fee. Your card could also get temporarily suspended until you clear the dues.

Long-term, unpaid late fees snowball into bigger problems:

• Credit score damage: Missed payments get reported after 30 days, tanking your score (check 'late fee impact on your credit score').
• Collections risk: Delinquency for 180+ days may lead to legal action or debt recovery calls.
• Card closure: SBI can permanently shut your account, hurting future credit applications.
• Interest trap: The unpaid fee + accrued interest + penalty APR creates a debt spiral. Always negotiate a waiver (see 'can you get an SBI late fee waived?') before it escalates.