SBI Credit Card Due Payment Extended till 31 August Check Interest Rates for 6 Months

SBI Credit Card June/ July and Aug BIll Payment Moratorium | RBI Credit Card Moratorium Extension | SBI Credit Card Due Payment Interest Rates as per RBI Moratorium Extension in Payment March/ April and May 2020 | SBI Credit Card Score Impact | Interest Rates Example SBI Auto-debit/ ECS facility STOP Credit Card Payment

The Reserve Bank of India announced an extension on Loan EMI Moratorium. Now, you can Opt for Loan/ Credit Card Payment till 31 August 2020. Due to the Corona Lockdown, Approx 50 Million people in India has lost their Jobs. Delay in Salary etc. RBI Step to extend Moratorium for 3 months (June/ July and August) will surely help them.

SBI has already announced “SBI Loan Extension 6  Months Moratorium” to all Terms Loans starting from 1 March 2020 till 31 August 2020.

Credit Cardholder of State Bank of India can also opt for “SBI CREDIT CARD Moratorium”. Below, you can check the Interest Rate and Charges apply if you opt for the Credit Card Moratorium.

Refund of SBI Loan EMI Complete Process

COVID-19 Relief: SBI Credit Card Due Payment

As per Guidelines issued on 27th March 2020 by RBI, State Bank of India is providing moratorium of 3 months for payment of credit card outstanding balance.

SBI Credit Card Moratorium
SBI Credit Card Types All Credit Card
Interest Charges 3.35% per month
Duration 1 March 2020 to 31 May 2020
Late fee Charges NIL

Now, you have to check the eligibility to apply for RBI Moratorium.

Eligibility: The credit cardholder, we are paying their dues regular and current status is (non-delinquent with no overdue) as on 29 Feb 2020.

Note: Credit Card Payment which is you may have converted to EMI  will also become under the RBI Moratorium.

June 2020 – SBI Credit Card Payment

In case, you opt for the SBI Credit Card Due Delay Payment Moratorium. Then you don’t have to pay dues in April and May 2020. But the due that are pending, and the interest on Dues has to be paid in June 2020.

Total Amount: outstanding balance + interest & applicable charges

The interest rate of up to 3.35% per month would be applicable during this period, and there will be no extension of tenure for EMI payments

For Example:

If you have a Credit Card and the outstanding amount is Rs 20,000 INR and your credit card due date is 10th of every month (so, 10th April 2020 and 10th May 2020).

12 March 2020 Credit Card Dues Rs 20000/-
You avail the CREDIT CARD MORATORIUM for April 2020
10th April 2020 3.35% Interest of 20,000 is added to Rs 20,000 (Outstanding amount)
Rs 670 (Interest) + Rs 20,000 = Rs 20670
You avail the CREDIT CARD MORATORIUM for May 2020
10th May 2020 3.35% of Rs 20670
Interest Charges: 692.45
Amount Due: Rs 20670
So total outstanding = Rs 21361.45
On 10th June 2020 – Your Credit Card Statment will be of Rs 21361.45
Note
: If you found any error. Let us know via comment. Thanks

Online SBI Credit Card – Opt for Moratorium (Website Error)

Do you want to avail the 3 Months or 2 Months RBI Moratorium for Credit Card? The State Bank of India (SBI) is the largest Credit Cardholders in India. Due to the COVID-19, RBI Relief Package also included Credit Card along with the TERMS LOANS (Home Loan, Education Loan, Poverty Loan, Jewellery Loan, Auto/ Car Loan, Mortgage Loan etc.).

Applying Online for Credit Card Due Delay Payment website is not working. The Error message is showing at website. This site can’t be reached. www.sbicard.com unexpectedly closed the connection.

Try:  https://www.sbicard.com:80/creditcards/app/requests/retail-consent-page

Checking the connection
Checking the proxy and the firewall
Running Windows Network Diagnostics
ERR_CONNECTION_CLOSED

Note: In case, you are not able to apply for ONLINE SBI CREDIT CARD Moratorium. And your due dates in Mar 2020, Apr 2020 or May 2020, cardholder will be enrolled automatically for the moratorium.

SBI Credit Card – April 2020

Below are the list of Credit Card (Active) and allowed for Moratorium of 3 months. Please check your CREDIT CARD Type. In case, there is any issue/ problem or enquiry. Please comment below for Assistance.

  1. SBI Card ELITE
  2. Doctor’s SBI Card (in association with IMA)
  3. SBI Card ELITE Advantage
  4. Doctor’s SBI Card
  5. SBI Card PRIME
  6. OLA Money SBI Card
  7. Apollo SBI Card
  8. SBI Card PRIME Advantage
  9. Tata Platinum Card
  10. Tata Titanium Card
  11. Lifestyle Home Centre SBI Card PRIME
  12. Max SBI Card PRIME
  13. Spar SBI Card PRIME
  14. Lifestyle Home Centre SBI Card SELECT
  15. Max SBI Card SELECT
  16. Spar SBI Card SELECT
  17. Lifestyle HC SBI Card
  18. Max SBI Card
  19. Spar SBI Card
  20. SimplyCLICK SBI Card
  21. SimplySAVE SBI Card
  22. fbb SBI STYLEUP Card
  23. Central SBI Select+ Card
  24. Central SBI Select Card
  25. SBI Card Unnati
  26. SimplyCLICK Advantage SBI Card
  27. SimplySAVE Advantage SBI Card
  28. Shaurya SBI Card
  29. Shaurya Select SBI Card
  30. IRCTC SBI Card Premier
  31. Club Vistara SBI Card PRIME
  32. Club Vistara SBI Card
  33. Etihad Guest SBI Premier Card
  34. Etihad Guest SBI Card
  35. BPCL SBI Card
  36. Yatra SBI Card
  37. Air India SBI Signature Card
  38. Air India SBI Platinum Card
  39. Chennai Metro SBI Card
  40. IRCTC SBI Platinum Card
  41. Central Bank of India SBI Elite Card
  42. Central Bank of India PRIME card
  43. Central Bank Of India SimplySave SBI Card
  44. City Union Bank SBI Card PRIME
  45. City Union Bank SimplySAVE SBI Card
  46. Allahabad Bank SBI Card ELITE
  47. Allahabad Bank SBI Card PRIME
  48. Allahabad Bank SimplySAVE SBI Card
  49. Karnataka Bank SBI Platinum Credit Card
  50. Karnataka Bank SBI SimplySAVE Card
  51. South Indian Bank SBI Platinum Credit Card
  52. South Indian Bank Simply Save SBI Card
  53. Federal Bank SBI Platinum Credit Card
  54. Federal Bank SBI Credit Card
  55. KVB SBI Signature Card
  56. Karur Vysya Bank – SBI Platinum Credit Card
  57. Karur Vysya Bank – SBI Card
  58. Oriental Bank of Commerce – SBI Platinum Credit Card
  59. Oriental Bank of Commerce – SBI Card
  60. Bank of Maharashtra – SBI Platinum Credit Card
  61. Bank Of Maharashtra – SBI Card
  62. SBI Card PRIME Business
  63. SBI Card ELITE Business
  64. SBI Card ELITE
  65. Doctor’s SBI Card (in association with IMA)
  66. SBI Card ELITE Advantage
  67. Doctor’s SBI Card
  68. SBI Card PRIME
  69. OLA Money SBI Card
  70. Apollo SBI Card
  71. SBI Card PRIME Advantage
  72. Tata Platinum Card
  73. Tata Titanium Card
  74. Lifestyle Home Centre SBI Card PRIME
  75. Max SBI Card PRIME
  76. Spar SBI Card PRIME
  77. Lifestyle Home Centre SBI Card SELECT
  78. Max SBI Card SELECT
  79. Spar SBI Card SELECT
  80. Lifestyle HC SBI Card
  81. Max SBI Card
  82. Spar SBI Card
  83. SimplyCLICK SBI Card
  84. SimplySAVE SBI Card
  85. fbb SBI STYLEUP Card
  86. Central SBI Select+ Card
  87. Central SBI Select Card
  88. SBI Card Unnati
  89. SimplyCLICK Advantage SBI Card
  90. SimplySAVE Advantage SBI Card
  91. Shaurya SBI Card
  92. Shaurya Select SBI Card
  93. IRCTC SBI Card Premier
  94. Club Vistara SBI Card PRIME
  95. Club Vistara SBI Card
  96. Etihad Guest SBI Premier Card
  97. Etihad Guest SBI Card
  98. BPCL SBI Card
  99. Yatra SBI Card
  100. Air India SBI Signature Card
  101. Air India SBI Platinum Card
  102. Chennai Metro SBI Card
  103. IRCTC SBI Platinum Card
  104. Central Bank of India SBI Elite Card
  105. Central Bank of India PRIME card
  106. Central Bank Of India SimplySave SBI Card
  107. City Union Bank SBI Card PRIME
  108. City Union Bank SimplySAVE SBI Card
  109. Allahabad Bank SBI Card ELITE
  110. Allahabad Bank SBI Card PRIME
  111. Allahabad Bank SimplySAVE SBI Card
  112. Karnataka Bank SBI Platinum Credit Card
  113. Karnataka Bank SBI SimplySAVE Card
  114. South Indian Bank SBI Platinum Credit Card
  115. South Indian Bank Simply Save SBI Card
  116. Federal Bank SBI Platinum Credit Card
  117. Federal Bank SBI Credit Card
  118. KVB SBI Signature Card
  119. Karur Vysya Bank – SBI Platinum Credit Card
  120. Karur Vysya Bank – SBI Card
  121. Oriental Bank of Commerce – SBI Platinum Credit Card
  122. Oriental Bank of Commerce – SBI Card
  123. Bank of Maharashtra – SBI Platinum Credit Card
  124. Bank Of Maharashtra – SBI Card
  125. SBI Card PRIME Business
  126. SBI Card ELITE Business

SBI Credit Card Due Payment Moratorium – Apply Online

By default, if you don’t pay due of Credit Card in April/ May 2020 will come under the Moratorium. So, there will be no LPC (Late Payment Charges). But other charges including Interest Rates are applicable. Below is the complete details:

(i) Principal and/or interest components
(ii) Equated Monthly instalments
(iii) Credit card dues.

As per RBI guidelines, interest will continue to accrue on your credit card outstanding balance.

SBI Credit Card Moratorium FAQ
SBI Credit Card Due Delay Payment Apply Online
SBI Card Check Here
SBI Loan EMI Refund/ Credit Card Customer Care/ Complaint Online
SBI Fraud/ Cyber Cell Check Here
SBI Emergency Loan COVID-19 Relief (No EMI for 6 Months) Check Here

 

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