SBI Credit Card Cash Withdrawal Charges 2026 — Quick Reference
Verified against SBI Card's official MITC and Customer Notices page on 27 Feb 2026.
| Charge Component | Current Rate (Feb 2026) |
|---|---|
| Cash Advance Fee (Domestic) | 2.5% of amount OR ₹500, whichever is higher |
| Cash Advance Fee (International) | 2.5% of amount OR ₹500, whichever is higher |
| Finance Charge — Unsecured Cards | 3.75% per month (45% p.a.) — revised Nov 2024 |
| Finance Charge — Shaurya/Defence/Secured | 2.75% per month (33% p.a.) |
| Interest-Free Period | NIL — interest from date of withdrawal |
| Cash Advance Limit | Up to 80% of total credit limit |
| Daily ATM Limit | ₹15,000 (Prime/Elite/Aurum); ₹12,000 (Gold/Titanium) |
| Minimum Finance Charge | ₹25 per transaction (+ 18% GST) |
| GST on All Charges | 18% |
What Changed: Finance Charge Revisions (2021–2026)
SBI Card has increased the finance charge rate on cash advances twice in three years for unsecured cardholders. A cash advance taken in October 2024 at 3.50% p.m. cost ₹350 per ₹10,000 per month. The same advance in November 2024 costs ₹375 — a 7.1% increase.
| Effective Date | Rate Change | Affected Cards |
|---|---|---|
| 01 Nov 2024 | 3.50% → 3.75% p.m. (45% p.a.) | All unsecured SBI Credit Cards (except Shaurya/Defence) |
| 01 Nov 2021 | 2.50% → 2.75% p.m. | Shaurya & Defence cards |
| 01 Sep 2021 | 2.50% → 2.75% p.m. | All secured SBI Credit Cards |
| 01 Feb 2021 | 3.35% → 3.50% p.m. | All unsecured (except Shaurya) |
Source: SBI Card Customer Notices page, chronological notices verified 27 Feb 2026.
Other 2025-2026 Changes Relevant to Cash Advance Users
- Nov 2025: 1% fee on wallet load transactions exceeding ₹1,000 (penalises wallet-loading as a cash advance workaround)
- Jul 2025: Order of Payment Settlement revised — cash advance balance settled last
- Dec 2024: 1% fee on total utility payments exceeding ₹50,000 per billing cycle
The Real Cost Nobody Tells You: Total Cost Calculator
The cash advance fee is just the entry ticket. The actual cost includes the fee, daily interest, and 18% GST on both. Here is what you actually pay:
Repayment After 30 Days — Unsecured Cards (3.75% p.m.)
| Withdrawn | Fee | GST on Fee | Interest (30d) | GST on Interest | Total Cost | Effective % |
|---|---|---|---|---|---|---|
| ₹5,000 | ₹500 | ₹90 | ₹187.50 | ₹33.75 | ₹811 | 16.2% |
| ₹10,000 | ₹500 | ₹90 | ₹375 | ₹67.50 | ₹1,033 | 10.3% |
| ₹15,000 | ₹500 | ₹90 | ₹562.50 | ₹101.25 | ₹1,254 | 8.4% |
| ₹20,000 | ₹500 | ₹90 | ₹750 | ₹135 | ₹1,475 | 7.4% |
| ₹30,000 | ₹750 | ₹135 | ₹1,125 | ₹202.50 | ₹2,213 | 7.4% |
| ₹50,000 | ₹1,250 | ₹225 | ₹1,875 | ₹337.50 | ₹3,688 | 7.4% |
Repayment After 45 Days
| Withdrawn | Fee + GST | Interest + GST (45d) | Total Cost | Effective % |
|---|---|---|---|---|
| ₹10,000 | ₹590 | ₹664 | ₹1,254 | 12.5% |
| ₹20,000 | ₹590 | ₹1,328 | ₹1,918 | 9.6% |
| ₹50,000 | ₹1,475 | ₹3,319 | ₹4,794 | 9.6% |
Small withdrawals cost the most
₹5,000 withdrawn costs ₹811 (16.2%/month) because the ₹500 minimum fee floor doesn't scale down.
Break-even at ₹20,000
Below ₹20,000, the flat ₹500 minimum makes smaller withdrawals relatively more expensive.
GST adds 18% to everything
Most websites quote pre-GST numbers. Actual out-of-pocket is 18% higher than headline figures.
₹1.25 per ₹1,000 per day
At 3.75%/month, every day costs ₹1.25 per ₹1,000. Repay on day 15 to halve the interest.
Card-Wise Finance Charge Breakdown
All Unsecured SBI Credit Cards
AURUM, ELITE, PRIME, SimplyCLICK, SimplySAVE, CASHBACK, PULSE, Doctor's, BPCL, IRCTC, all Tata co-brands, PhonePe co-brands, Flipkart SBI Card, Unnati, Krishak Unnati, and all partner bank co-brands (UCO, Central Bank, PSB, Karnataka Bank, City Union Bank, KVB, etc.)
Defence, Shaurya & Secured Cards
Shaurya SBI Card, Shaurya Select SBI Card, all Defence variant cards, Secured SBI Credit Cards (against FD), SBI Card PRIME NRI Secured
SBI Encash vs ATM Cash Advance: The Alternative Most Articles Ignore
SBI Card offers Encash — a pre-approved loan-on-card transferring money to your bank account via NEFT. Most cash withdrawal articles never mention it.
| Feature | ATM Cash Advance | SBI Encash |
|---|---|---|
| Access | Any ATM, instant | SBI Card app → NEFT to bank, 24-48 hrs |
| Fee | 2.5% or ₹500 (higher) | 2% (min ₹499, max ₹3,000) |
| Interest Rate | 3.75% p.m. (45% p.a.) | ~13-20% p.a. (offer-dependent) |
| Repayment | Revolving — settles last | Fixed EMI — auto-deducted |
| Max Amount | 80% of limit; ₹15K/day | Up to/above credit limit |
Cost Comparison: ₹20,000 Repaid Over 3 Months
ATM Cash Advance
Fee ₹590 + Interest ~₹1,680
SBI Encash (at ~15% p.a.)
Fee ₹499 + Interest ~₹493
Note: Encash interest rates vary by cardholder profile and offer availability. The 15% p.a. figure is illustrative. Check your SBI Card app for available offers.
Cheaper Alternatives to SBI Credit Card Cash Advance
| Alternative | Typical Cost (p.a.) | Speed | Best For |
|---|---|---|---|
| UPI from savings | Free | Instant | If you have savings balance |
| SBI Xpress Credit (YONO) | 11-14% | Minutes | Pre-approved SBI customers, ₹25K+ |
| SBI Encash / Easy Money | 13-20% | 24-48 hrs | Any SBI cardholder |
| SBI Personal Loan | 11.45-15.65% | 1-7 days | Larger amounts, ₹25K+ |
| OD on SBI Savings A/C | 10-12% | Instant | Small, short-term needs |
| SBI CC Cash Advance | 45% + 2.5% fee + GST | Instant | Last resort only |
How to Withdraw Cash From SBI Credit Card at ATM
Insert your SBI credit card into any Visa/Mastercard-compatible ATM.
Select language and choose "Credit Card" or "Credit" as account type.
Select "Cash Withdrawal" and enter the amount (within your daily limit).
Enter your 4-digit ATM PIN.
Collect cash and receipt. The fee + amount will appear on your next statement.
How to Generate/Reset ATM PIN
- Online: Log in at sbicard.com → My Account → Manage PIN → Select card → OTP → Set PIN
- Phone: Call 1860 180 1290 → Option 6 → Card details + DOB → OTP → Set PIN
Troubleshooting: Cash Not Dispensed, Amount Deducted
- Wait 24-48 hours — most failed transactions auto-reverse.
- Note: ATM location, date, time, amount, error code.
- If not reversed in 48 hrs: Call 1860 180 1290 or raise dispute in SBI Card app (More → Service Requests → Dispute a Transaction).
- RBI mandate: Failed ATM transactions must be reversed within T+5 working days. If delayed, the bank must pay ₹100/day compensation.
- Keep the receipt — it's your primary dispute evidence.
Does Cash Advance Affect Your CIBIL Score?
Cash advances are not separately reported to credit bureaus. CIBIL sees only total outstanding balance and payment history. However, cash advances impact your score indirectly:
- Increased utilization ratio — ₹50,000 against a ₹1,00,000 limit = 50%+ utilization. CIBIL recommends under 30%.
- Missed payment chain — High costs inflate outstanding balance, increasing missed-payment probability. One missed payment can drop your score 50-100 points.
- Financial distress signal — Lenders reviewing your statement during loan applications view frequent cash advances as a red flag.
Decision Framework: What Should You Do?
| Your Situation | Recommended Action |
|---|---|
| Need cash urgently, will repay in 1-2 days, under ₹10K | ATM cash advance is acceptable (cost: ~₹590-615 incl. GST) |
| Need ₹20K+, can wait 24-48 hours | Use SBI Encash / Easy Money — saves 50-60% |
| Need ₹25K+, can wait 1-7 days | Apply for SBI Xpress Credit via YONO — saves 70%+ |
| Have savings balance available | Transfer via UPI from savings — zero cost |
| Already withdrew cash | Pay Total Amount Due in full on next statement. Do NOT rely on minimum payment. |
The SBI credit card cash advance facility exists for genuine emergencies. For any planned cash requirement, the numbers make the case unambiguously: 45% p.a. interest, ₹500 minimum fee floor, 18% GST, and last-in-payment-order settlement combine to make it one of the most expensive borrowing options in Indian retail finance.
Disclaimer: This article is for informational purposes only. Charges are based on SBI Card's official MITC and Customer Notices as of February 27, 2026, and are subject to change at SBICPSL's discretion. Verify current charges at sbicard.com. This does not constitute financial advice.