Our Products
Loans
Cards
Insurance
Investment
Stock Market
Electronics Mall
CIBIL Score
Knowledge Centre
Calculators
Our Services
Do not call
En
Understand the cash withdrawal charges, finance costs, and applicable interest on SBI credit cards.
Last updated on: Aug 05, 2026
When using SBI credit cards to withdraw cash from an ATM, it is important to understand the applicable cash withdrawal charges, interest rates, and limits before proceeding. A cash withdrawal, also known as a cash advance, attracts charges from the date of the transaction and may be subject to a predefined withdrawal limit. It is generally a portion of the total credit limit available on the card.
Cash withdrawals can provide access to funds during emergencies, but they are usually associated with additional costs, such as cash advance fees and interest charges. Understanding these costs and the applicable withdrawal limit can help cardholders make informed decisions while using their credit card.
Apply easily and get the credit card that best fits your needs!
Credit card cash withdrawal, also known as a cash advance, lets you withdraw cash from domestic or international ATMs using your credit card. The withdrawn amount is billed in your next statement, along with applicable fees and finance charges. Since cash advances do not have an interest‑free period, the cost starts from the date of withdrawal. This makes it important to know the applicable charges before using the facility.
The table below provides an overview of the charges applicable when withdrawing cash using an SBI credit card. Along with cash advance fees, cardholders should also be aware of finance charges, minimum finance charges, cash advance limits, and cash payment fees that may apply.
| Type of Fee | Charges |
|---|---|
Cash Advance Fee (Domestic & International ATMs) |
2.5% of the withdrawn amount or ₹500, whichever is higher |
Finance Charges on Cash Advances |
Same as revolving credit charges; applicable from the date of withdrawal until full repayment |
Minimum Finance Charge |
Finance charges on cash advances and unpaid outstanding balances are charged at up to 3.75% per month (45% per annum) from the transaction date until full repayment. A minimum finance charge of ₹25, plus applicable taxes, applies if the calculated finance charge is lower. |
Cash Advance Limit |
Cash withdrawals are subject to the card's available cash advance limit, capped at ₹15,000 per day at ATMs. |
Cash Payment Fee |
₹250 + applicable taxes per cash payment made at SBI Card payment counters |
Disclaimer: The charges are subject to change at the discretion of SBI Cards and Payment Services Limited (SBICPSL). Please refer to the official MITC document to know the latest applicable charges.
Note: During billing the fee and interest are added to the next statement.
The credit card cash withdrawal limit is a portion of the overall credit card limit assigned to the card and is displayed in the monthly card statement. As per SBI Card's terms, the available cash advance limit may vary by cardholder and card type. Cash withdrawals are subject to the available cash advance limit on the card, with a maximum ATM withdrawal limit of ₹15,000 per day. Over-the-counter cash disbursements are not available.
Note: The cash advance limit forms part of the total credit limit available on SBI credit cards and may differ across card variants, including premium cards such as the SBI Card Elite and SBI Card Prime. The exact limit can be checked in the monthly card statement.
When you use SBI credit cards for cash withdrawals, finance charges apply from the date of the transaction until the outstanding amount is repaid in full. Unlike retail purchases, cash advances do not come with an interest-free period.
The applicable credit card interest rate on cash withdrawals is currently up to 3.75% per month (45% per annum). The interest is charged from the transaction date and continues until the cash advance amount is fully paid.
Some important points to know are:
Monthly interest rate: Up to 3.75% per month
Annual interest rate: Up to 45% per annum
Interest applicability: Charged from the date of cash withdrawal
Interest-free period: Not available on cash advances
Additional charges: Applicable cash advance fees, finance charges, and taxes may apply
Minimum finance charge: A minimum finance charge of ₹25, plus applicable taxes, applies if the calculated charge is lower than the prescribed minimum charge.
Note: The applicable finance charge is subject to change at the discretion of SBI Cards and Payment Services Limited (SBICPSL). Interest continues to accrue until the entire outstanding cash advance amount is repaid.
The example below illustrates how cash withdrawal charges may apply when ₹40,000 is withdrawn using an SBI credit card. Finance charges are charged separately from the date of withdrawal until the amount is repaid in full.
Illustration: If ₹40,000 is withdrawn from an ATM, a cash advance fee of ₹1,000 may apply. In addition, finance charges are levied from the transaction date until the outstanding amount is repaid in full. The longer the repayment period, the higher the interest cost may be.
| Particulars | Calculation | Amount |
|---|---|---|
Cash Withdrawal Amount |
- |
₹40,000 |
Cash Advance Fee |
2.5% of ₹40,000 = ₹1,000 (higher than ₹500) |
₹1,000 |
Amount Before Interest |
₹40,000 + ₹1,000 |
₹41,000 |
Finance Charges |
Up to 3.75% per month (45% p.a.) from the withdrawal date until repayment |
As applicable |
Total Amount Payable |
Cash withdrawal amount + cash advance fee + applicable finance charges + taxes |
Depends on repayment date |
Note: This example is for illustrative purposes only. Actual charges may vary based on the repayment date, applicable finance charges, taxes, and SBI Card's prevailing terms and conditions.
Different SBI credit cards come with different joining and renewal fees. In many cases, the renewal fee can be waived if the cardholder achieves the specified annual spending milestone. The table below compares the annual fees, renewal fee waiver criteria, and applicable interest rates for popular SBI credit cards.
| SBI Credit Card | Annual Fee | Fee Waiver Criteria | Interest Rate |
|---|---|---|---|
₹499 |
Waived on annual spends of ₹1 Lakh or more in the previous year |
Up to 3.75% per month (45% p.a.) |
|
₹2,999 |
As per applicable card terms |
Up to 3.75% per month (45% p.a.) |
|
₹499 |
Waived on annual spends of ₹1 Lakh or more in the previous year |
Up to 3.75% per month (45% p.a.) |
|
₹4,999 |
Waived on annual spends of ₹10 Lakhs or more in the previous year |
Up to 3.75% per month (45% p.a.) |
|
₹499 |
Waived on annual spends of ₹1 Lakh or more in the previous year |
Up to 3.75% per month (45% p.a.) |
|
₹500 |
As per applicable card terms |
Up to 3.75% per month (45% p.a.) |
|
₹1,499 |
Waived on annual spends of ₹2 Lakhs or more in the previous year |
Up to 3.75% per month (45% p.a.) |
|
₹1,499 |
Waived on annual spends of ₹2 Lakhs or more in the previous year |
Up to 3.75% per month (45% p.a.) |
|
₹1,499 |
Waived on annual spends of ₹6 Lakhs in a membership year |
Up to 3.75% per month (45% p.a.) |
|
₹1,499 |
As per applicable card terms |
Up to 3.75% per month (45% p.a.) |
|
₹1,499 |
As per applicable card terms |
Up to 3.75% per month (45% p.a.) |
Disclaimer: Fees, waiver thresholds, and interest rates may be revised by SBI Card from time to time. Refer to the latest card-specific terms and conditions before applying.
If the total amount due is not paid by the payment due date, the bank may levy late payment charges based on the outstanding balance in the statement. The applicable fee varies according to the overdue amount.
| Outstanding Amount Due | Late Payment Charges |
|---|---|
₹0 to ₹100 |
Nil |
More than ₹100 up to ₹500 |
₹100 |
More than ₹500 up to ₹1,000 |
₹500 |
More than ₹1,000 up to ₹10,000 |
₹750 |
More than ₹10,000 up to ₹25,000 |
₹950 |
More than ₹25,000 up to ₹50,000 |
₹1,100 |
More than ₹50,000 |
₹1,300 |
Additionally, SBI Card may levy the following charges:
Additional late payment charge: ₹100 for missing the Minimum Amount Due (MAD) by the due date for two consecutive billing cycles. This charge continues to apply in each subsequent billing cycle until the MAD is cleared.
Foreign Currency Transaction Fee: Up to 3.5% of the transaction amount on eligible international transactions.
Card Replacement Fee: ₹100 plus applicable taxes per replacement card request.
Overlimit Fee: 2.5% of the overlimit amount, subject to a minimum charge of ₹500.
Disclaimer: Fees and charges are subject to change at the discretion of SBI Cards and Payment Services Limited (SBICPSL). Please refer to the latest MITC document for updated details.
If you need funds urgently, you may consider these alternatives before using the cash withdrawal facility:
Many cards offer loans against your available credit limit. These loans usually have structured EMIs and may have lower overall charges compared to a cash advance.
Personal loans from banks or NBFCs provide quick access to funds with fixed monthly instalments. This option may offer more predictable repayment terms.
If the merchant accepts digital payment, transferring money through UPI or net banking may help you avoid withdrawal charges.
If your bank account allows overdraft or sweep‑in facilities, using these can sometimes be more cost‑efficient.
Disclaimer
Reviewer
Two key points to keep in mind when using the cash advance facility are:
A cash advance fee and finance charges apply from the date of withdrawal.
You can withdraw only up to the cash advance limit assigned to your card.
This facility is available only if your card is enabled for cash advances.
Yes, you can withdraw cash from any bank’s ATM using your SBI credit card. However, the acquiring bank may apply its own ATM usage fee.
No, cash withdrawal does not directly affect your credit score. Your score remains unaffected as long as you repay the withdrawn amount and all applicable charges on time.
Most card issuers levy fees for cash advances. Waivers, if any, depend on the issuer’s specific terms. It is best to check the latest MITC or contact your issuer for accurate details.
A cash advance fee will apply. SBI credit card charges 2.5% of the withdrawn amount or ₹500, whichever is higher. Now 2.5% of ₹10,000 will be ₹250. As ₹500 is the higher amount, it will be the applicable fee. Finance charges will also apply from the date of withdrawal until repayment.
You can withdraw cash by using your card at an ATM. Ensure that your card is enabled for cash advances and that you know your PIN. Cash advance fees and finance charges will apply from the date of withdrawal.
Cash withdrawals on a credit card work differently from regular purchases. They do not offer an interest‑free period, and both the cash advance fee and finance charges apply from the date of withdrawal. Understanding these charges helps you plan repayment and decide when this facility is suitable for your needs.
You can explore several alternatives depending on your requirement. These include credit card loans, personal loans, bank overdraft facilities, or digital payments such as UPI and net banking transfers.
When you withdraw cash using an SBI credit card, a cash advance fee of 2.5% of the withdrawn amount or ₹500, whichever is higher, is applicable. In addition, finance charges of up to 3.75% per month (45% per annum) are charged from the date of withdrawal until the outstanding amount is repaid in full.
For example, if you withdraw ₹10,000, the cash advance fee would be ₹500 (since 2.5% equals ₹250, which is lower than the minimum fee). Finance charges and applicable taxes may also apply until the amount is fully repaid.
Academy 
