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SBI Credit Limit

SBI Credit Card Limit

Last Updated 04th May 2021

SBI credit card limit is the maximum amount that you can spend with your SBI credit card.

SBI Credit Card Limit Types
  • Total Credit Limit
  • Available Credit Limit
  • Cash Limit
SBI Credit Card Limit Factors
  • Credit Score
  • Income-Debt Ratio
  • Other Credit Cards
SBI Credit Card Limit Check
  • Mobile/Internet Banking
  • Customer Care
  • Visiting SBI

SBI Credit Card Limit

A SBI credit card offers too many benefits to be ignored. From purchasing expensive gadgets to making our dream trips to fulfilling our basic needs such as shopping online, settling utility bills, SBI credit card is one of the most convenient methods of making payments. To make any transactions against your SBI credit card, you need to have an eligible credit limit for your cards. SBI credit card limit is the maximum amount that you can spend with your SBI card and is dependent on various factors such as income, previous credit cards, repayment capacity etc.

Types of SBI Credit Card Limit

These are 3 types of SBI credit card limit that you can get with your SBI credit card.

SBI Card Total Credit Limit

SBI card total credit limit is the maximum credit amount that you can spend with your SBI credit card. The total credit limit reduces as you make any transactions against your SBI credit card and similarly also gets restored as you make credit card bill payment.

For instance, if the total credit limit against your SBI card is ₹ 1 Lakh, then it means that you can spend up to ₹ 1 Lakh against your SBI credit card.

SBI Card Available Credit Limit

SBI card available credit limit is the credit limit on the specified date. For instance, if the available credit limit against your SBI card is ₹ 1 Lakh, and you have spent ₹ 60,000, then the SBI card available credit limit is ₹ 40,000.

SBI Card Cash Limit

SBI card cash limit is a component of total credit limit that can be withdrawn as cash for emergency use. However, it attracts the applicable SBI Credit Card Cash withdrawal charge and fee.

For instance, if the available credit limit against your SBI card is ₹ 1 Lakh, then the SBI generally provides 20%-40% cash limit, depending on your profile and type of credit card that you have availed.

Factors that Decide SBI Credit Card Limit

Below mentioned are the factors based on which SBI determines your credit card limit:

  • Credit history: The first and foremost factor that SBI evaluates as it receives your credit card application is your credit history. If you have a good credit score, it signifies that you can repay the credit on time and hence you will be provided with a higher credit limit and similarly vice-versa. Borrowers with no credit history also get lower credit limits against their SBI credit cards.
  • Income and Debts: The debt-income ratio is another crucial factor that SBI evaluates before determining the credit limit. The amount of existing debts and how you manage with your income sources helps in deciding the SBI credit limit. The lower your debt-income ratio is, the higher will be your credit limit and similarly vice-versa.
  • Limits on other credit cards: SBI also determines the credit card limit based on other credit cards. For instance, you have a platinum credit for another bank. It is quite apparent that you have a high credit limit as available against regular credit cards.

How to check SBI Credit Card Net Banking Credit Card Limit?

If you want to check your eligibility on SBI credit card, you can log in your SBI net banking account or SBI mobile application and can check the credit card limit on the dashboard. However, if you don’t have a mobile banking or internet banking account, you can also check your SBI credit card limit by calling SBI customer care or either you can visit the nearest SBI .

How to Increase SBI Credit Card Limit?

Once you have checked your eligibility and want to increase credit card limit on your SBI card, you can either avail SBI ‘Limit Enhancement’ feature on your existing card, or else you can upgrade to another SBI credit card through ‘Card Upgrade’ feature. In case, you want to assure your eligibility for the credit limit on your card; you can also provide additional information to SBI. SBI allows for an annual increase in credit limit if you have repaid all your dues on time and have a good credit score.

To increase your credit card limit through any of the features as mentioned earlier, you can apply for the same by the following methods:

  • Apply through Net Banking
  • Call SBI Customer Care
  • Visit SBI nearest branch
  • SBI approaches you

SBI Credit Card Limit Increase via Net Banking

To increase SBI credit card limit via net banking, you need to follow the below-mentioned steps:

  • Login to your SBI net banking account. On the homepage of your credit card, click ‘Credit Card- Card Upgrade with Enhancement’.
  • Choose your SBI card and click on the ‘Continue’ button.
  • If your card is eligible for enhancement, you will find a pop-up message displaying the applicable credit limit.
  • Once you know all the details, you can check about the features of the new credit card if you are eligible for the same and can upgrade your card.
  • Finally, the lender will approve your card and the same will be dispatched to your registered address within 7 to 10 working days.
  • All the rewards, dues and transactions, etc., will finally be transferred to the new card. However, in the case of only limit enhancement, the limit will be extended for the same card.

SBI Credit Card Limit Increase by calling Customer Care

If you don’t have a SBI net banking account, you can also request for SBI credit limit increase by calling SBI customer care on the number mentioned below. The number is available 24*7 including on Sundays and Bank holidays.

SBI Customer Care number is . 180-011-2211/ 1800-425-3800

FAQs

How can I know my SBI credit card limit?

If you want to check your eligibility on SBI credit card, you can log in your SBI net banking account or SBI mobile application. In case you don’t have a mobile banking/ internet banking account, you can check your SBI credit card limit by calling SBI customer care.

How can I increase my SBI credit card limit?

You can increase your SBI credit card limit by applying for Limit Enhancement/Card Upgrade through the methods mentioned below:

  • Apply through Net Banking
  • Call SBI Customer Care
  • Visit SBI nearest branch
  • SBI approaches you

How is the credit limit calculated?

SBI calculates credit card limit by evaluating your credit history based on your credit score, your debt-income ratio and other credit cards that you have availed.

Can I spend more than the limit?

No, you can only spend up to the total credit card limit of your SBI card. However, SBI may approve your over-the limit transaction if you have a good credit history and repayment track record.


SBI Credit Card News - May 2021
  • 2021-04-27 : SBI introduced video KYC on mobile banking app YONO
    With an aim to improve the customer experience and improve the loan and investment portfolio, SBI introduced KYC on its Mobile banking app YONO. The digital initiative, powered by AI and Facial Recognition Technology, is a contactless and paperless process.
  • 2021-04-27 : SBI Card reported a Q4 profit of ₹175-crore profit
    SBI Card reported a net profit of ₹175 crores for the fourth quarter ended March 31, 2021. The profit was boosted by an increase in other income, lower provisioning for impairment and bad debts.
  • 2021-03-21 : SBI recorded digital transactions as high as 67%
    State Bank of India has recorded a considerable increase in its digital transactions. The bank reported 67% digital transaction in the post Covid period from earlier 60% in the pre Covid times. The increase is attributed to hike in e-commerce due to covid induced lockdown which restricted the movement.
  • 2021-01-08 : SBI and IOC launched co-branded RuPay debit card
    State Bank of India (SBI) and Indian Oil Corporation (IOC) launched a co-branded contactless RuPay debit card. It is a contactless card and transactions up to Rs 5,000 can be paid for with just a tap. The cardholder will get several attractive benefits and associated offers on the purchase of fuel.
  • 2020-12-16 : SBI Card, BPCL to launch credit card offering benefits to high fuel spending customers
    SBI Card launched BPCL SBI Card Octane jointly with BPCL offering maximum savings to consumers who spend a significant amount on fuel. The card is striving to offer maximum savings to the well-heeled consumer who spends a significant amount on fuel. The BPCL SBI Card Octane offers 25X reward points on spends for BPCL fuel and MAK Lubricants, Bharat Gas (LPG) spends (website and app only) and BPCL In and Out convenience store spends. Additionally, The card also offers a complimentary fraud liability cover of Rs 1 lakh.
*Terms and conditions apply. Credit at sole discretion of lender subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and from collected from public sources. Read More
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