SBM in partnership with Resilient Innovations Private Limited has issued a payment instrument card named BharatPe Card. The best part about this card is that you can control it entirely from the BharatPe Card Mobile App. Keep reading to know more about BharatPe SBM Commercial Credit Card in this article below.
Key Highlights of BharatPe Card |
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Rewards Program
- You will get 1 Reward Point on every purchase of Rs. 50
- For purchase amounts below Rs. 50, no points will be accumulated
- No fee is levied if you wish to redeem reward points
- You will be automatically enrolled in the BharatPe Card Card Rewards Program by using Bharat Pe Card
- Reward points are credited to the BharatPe Card App depending on the transaction value and the purchase category
Note: The reward points can be accumulated and can be redeemed in the form of cashbacks to the customer’s BharatPe card account. The system is subject to change. Moreover, Reward points will be credited only on regular purchases across any category.
BharatPe SBM Commercial Credit Card- Fees & Charges
| Category | Amount |
| Annual/Joining/Renewal Fee | Nil |
| Overdue Interest on Extended Credit | 36% annually |
| Cash Advance Fees (ATM Withdrawal) | 3% + GST |
| Balance Enquiry Fee | Rs. 10+ GST |
| Minimum Due Amount | 10% of the total bill generated |
| Interest Fee Period | 30+5 Days from 1st of the month. 30 days of interest-free credit, plus 5 days of grace period to repay |
| Duplicate Statement (Beyond 3 Months) | Nil |
| GST Applicable on Fees and Charges | 18% |
BharatPe Card Mobile App
You can control the BharatPe Card entirely from the BharatPe Card Mobile App. Below are the features of BharatPe Card Mobile App
- Activate your BharatPe Card
- Set your Card PIN
- Manage your physical card
- View your spendings, statements, bills and payments
- Block your Card in-case of theft/misplace
- Raise queries with respect to BharatPe Card
Note: You can only access it after you authenticate yourself via one time password
BharatPe SBM Commercial Credit Card- Customer Care
In case of any grievances redressal/complaints/escalations you may register your grievance by emailing at- customercare@sbmbank.co.in or calling at our helpline number 18001033817