SBI Credit Card Cash Withdrawal Charges and Interest (2026)

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 The withdrawn amount is billed in your next statement, along with applicable fees and finance charges.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.

Here is a breakdown of the fees you need to pay when you facilitate cash withdrawal from an SBI credit card:

When you withdraw cash using your SBI credit card, finance charges apply from the date of withdrawal. This is because cash advances do not come with an interest‑free period.

The interest rate applied on cash advances is the same rate used for revolving credit on your card. The finance charge continues until the full outstanding cash advance amount is paid. This rate varies by card variant.

Here is a simple example to show how the fee and interest may apply when you withdraw cash using your SBI credit card:

Suppose you had to withdraw ₹5,000 from an ATM.

• Step 1: Cash Advance Fee

  • The cash advance fee is 2.5% of the amount or ₹500, whichever is higher.

  • 2.5% of ₹5,000 = ₹125

  • As the higher amount is ₹500, the cash advance fee is ₹500.
    
    

• Step 2: Finance Charges

Finance charges apply from the date of withdrawal until full repayment. These charges depend on your card’s revolving credit rate.

For example:
If your statement is generated 20 days after withdrawal and you pay the full bill by the due date, interest will apply for those 20 days.

If you repay the entire amount in your next statement, your total payable amount would be:

• ₹5,000 (withdrawn amount)

• ₹500 (cash advance fee)
   

Interest for the number of days between withdrawal and repayment

Withdrawing cash using a credit card works differently from making a purchase. Since there is no interest‑free period on cash advances, fees and finance charges start from the date of withdrawal. These charges continue until the full amount is repaid.

Because both components apply together, the cash advance fee and the finance charges, the overall cost of using the cash withdrawal facility can be higher than regular card transactions. Understanding these charges helps you decide when this option is suitable and how to plan repayment.

If you need funds urgently, you may consider these alternatives before using the cash withdrawal facility:

Credit Card Loan or Flexipay

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 Loan

Personal loans from banks or NBFCs provide quick access to funds with fixed monthly instalments.
This option may offer more predictable repayment terms.

Using UPI or Net Banking

If the merchant accepts digital payment, transferring money through UPI or net banking may help you avoid withdrawal charges.

Borrowing from Savings or Overdraft Account

If your bank account allows overdraft or sweep‑in facilities, using these can sometimes be more cost‑efficient.

Reference of all T&Cs necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.