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re Payments to the Card account might be built in some of the ways that are following

re Payments to the Card account might be built in some of the ways that are following

Billing and Statement

a) SBICPSL will deliver the Cardholder a statement that is monthly the payments credited as well as the deals debited to your Cardholder’s Account considering that the final declaration, supplied the card has been active throughout the said duration. SBICPSL will either mail a declaration of deals within the card account to your mailing treat it is wearing record, or deliver a declaration through e-mail towards the email id on record, for a date that is pre-determined.

b) Minimum Amount due shall be 5% of outstanding amount or Rs. 200 (whichever is greater) plus all relevant fees and EMI (just in the event of EMI formulated items). Overlimit (OVL) amount shall be included in also the MAD just in case money or borrowing limit is surpassed. Any MAD that is unpaid of previous statements, if any, shall additionally be contained in the minimal Amount Due.