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SBI to offer zero annual fee credit cards to accounts with Rs 20,000

SBI to offer zero annual fee credit cards to accounts with Rs 20,000

Wednesday, March 29, 2017, 8:37 AM

State Bank of India has said that it will offer credit cards to every account holder who has a balance of Rs.20,000-25,000, without going into credit history. This is the first major joint collaboration between SBI and SBI Card after the bank hiked its stake in the joint venture to 74% by buying out part of its partner GE Capital's stake for Rs.1,168 crore.
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