Paytm SBI Credit Card - Benefits, How to Apply, Features, and Eligibility
In partnership with Paytm, State Bank of India has introduced the Paytm SBI Credit Card for users who frequently shop on Paytm. This entry-level card comes with a low maintenance fee and offers high cashback on purchases and payments made through Paytm.
Read on to explore its features, benefits, eligibility criteria, and more.
Benefits of Paytm SBI Card
SBI Paytm credit card comes with the following benefits:
- You will earn a welcome bonus of a complementary Paytm First membership, which provides various benefits.
- Avail fuel surcharge of 1% for transactions between Rs. 500 and Rs. 3,000 across any petrol pump within India.
- You can get up to 3% cashback upon spending on travel, movies and Paytm Mall through the Paytm app.
- For other purchases on the Paytm app, you can avail of a 2% cashback.
- For offline and online purchases, you can get 1% cashback.
- You will get complimentary cyber fraud insurance coverage of Rs. 1 lakh.
Features of Paytm SBI Card
Check out the notable features of Paytm SBI credit card:
Who Is Eligible to Apply for a Paytm SBI Credit Card?
Individuals meeting the below eligibility criteria can apply for an SBI Paytm credit card:
- The minimum age of the applicant should be 21 years.
- Both self-employed and salaried persons can apply for this credit card.
- The applicant should have a good credit score.
How to Apply for a Paytm SBI Card?
You can follow these steps to apply for the Paytm SBI credit card online:
Step 1: Download the Paytm app on your mobile and install it.
Step 2: Use your phone number and password to log into your Paytm account.
Step 3: Navigate the ‘Loans & Credit Cards’ option on the homepage and select the ‘Credit Cards’ option.
Step 4: Select the ‘Check Eligibility and Apply’ tab.
Step 5: Click on ‘Submit’ after entering all the required details on the application form.
Step 6: Eligible applicants can continue with the application procedure as per the provided instructions.
Documents Required to Apply for Paytm SBI Card
Here are the documents you need to provide while applying for an SBI Paytm credit card:
- Address proof, any of the following:
- Passport
- Aadhaar card
- Ration card
- Driver’s licence
- Property registration document
- Utility bills (last 3 months)
- Identity proof, any of the following:
- Voter ID card
- Passport
- Aadhaar card
- PAN card
- UIDAI issued letters
- Overseas Citizen of India (OCI) card
- Other documents:
- Recent passport-size photographs
- Bank statement
- Income tax return files for self-employed and salaried individuals
Paytm SBI Card Fees and Charges
Follow the chart below to know the fees and charges applicable to Paytm SBI card:
| Types of Fees / Charges | Amount |
| Renewal Fee | Rs. 499 |
| Annual Charges | Rs. 499 |
| Add-on Card Charges | Nil |
| Finance Charges | Up to 3.50% monthly or 42% annually |
| Cash Advance Fee | Rs. 500 or 2.5% (the higher amount) withdrawn from international or domestic ATMs |
| Payment Dishonour Fee | A minimum of Rs. 500, or 2% of the amount paid |
| Late Payment | Rs. 1,300 (for late payment of more than Rs. 50,000) Rs. 1,100 (for late payment amount between Rs. 25,000 – Rs. 50,000) Rs. 950 (for late payment amount between Rs. 10,000 – Rs. 25,000) Rs. 750 (for late payment amount between Rs. 1,000 – Rs. 10,000) Rs. 400 (for late payment amount between Rs. 500 – Rs. 1,000) Nil (for late payment amount up to Rs. 500) |
| Over Limit Charges | A minimum of Rs. 600, or the over-limit amount of 2.5% |
| Cash Payment Fee | Rs. 199 - Rs. 250 |
| Foreign Currency Transaction | 3.50% |
| Cheque Payment Fee | Rs. 100 |
| Rewards Redemption Charges | Rs. 99 |
Paytm SBI Credit Card Limit
SBI Credit Card to Paytm Transfer Charges
The SBI Credit Card to Paytm wallet charge is 2% if you have transferred more than Rs. 10,000 in your e-wallet in a month.
How to Pay SBI Credit Card Bills through Paytm?
You can follow these easy steps to pay your SBI credit card bill through the Paytm app:
Step 1: Open the Paytm app and click the ‘Credit Card Payment’ option under ‘Recharge & Bill Payments’.
Step 2: Fill in your credit card number on the required box.
Step 3: Select the ‘Proceed’ button to check the bill amount for your SBI credit card.
Step 4: Select any of the following payment modes and complete your payment:
- UPI
- Net banking
- Debit card
- Credit card
Paytm SBI Credit Card Customer Care Number
The Paytm SBI Credit Card customer care number is 1860-180-1290. Call this number for any assistance related to your Paytm SBI credit card status.
Individuals with a limited credit history can also apply for this card to enjoy multiple benefits, including cashback and discounts on shopping, travel, and movie tickets.
Related Paytm Articles:
1. How to Deactivate or Delete Paytm Account?
2. How To Transfer Money From Paytm Wallet To Bank Account?
3. How to Add a Bank Account in Paytm?
4. Paytm HDFC Credit Card
Related SBI Articles:
1. SBI Bank Balance Check Number
2. SBI ATM Card Block - How To Block SBI ATM Card?
3. SBI Debit Card - How To Activate SBI Debit Card Online/Offline?
4. Close SBI Credit Card - How To Close SBI Credit Card?
5. Unblock SBI Credit Card - How To Unblock SBI Credit Card?
6. How To Block SBI Credit Card?
7. SBI Debit Card PIN Generation - How To Generate SBI Debit Card PIN?
8. SBI Car Loan Customer Care (24x7 Toll Free) Number
9. How to Check and Download SBI Loan Statement?
10. SBI Credit Card Customer Care Number
Frequently Asked Questions
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