SBI CC late payment

Deal Cadet
I have been a CC user since 3+ years. I have never missed any payment.
This month, somehow, I missed the payment on one of my new Credit Cards.

I have paid the bill after 8 days. They did not send me any reminders in those days.
They did not send any reminder or notification about bill payment through SMS/Email/Call at all.

Are their any RBI guidelines on payment reminders which banks are required to send?

Sbi credit card finance charges(penalty + interest + tax) reversal possible? All charges will be imposed in the next bill.

Can I get Late fee/interest Waive off? Please suggest me what should I do?
We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
6 Dimers
  • Sort By
Generous Generous
Link Copied

If your card is 6 months old then you can take charges waive off now otherwise wait for card 6 months then sbi will refund these charges on call

But late payment in cibil will not be removed

Deal Cadet Deal Cadet
Link Copied
I have another sbi card and using it 3 years. No late fee charged yet. Then reversal of charges on card is possible or not?
View 15 more replies
Helpful Helpful
Link Copied

You can ask for waiver, sbi waive these charges

Deal Subedar Deal Subedar
Link Copied

yes, the charges can be waived of once in a year for SBI cards and if your card is not 6 months old then wait for 6 months after which u can request for refund of charges. (Yes, the Charges can be waived of within 6 months after levied)

Helpful Helpful
Link Copied
Click here to reply