SBI Update: These rules of SBI will change from July 15, which will affect credit card holders..

If you use an SBI credit card, then there is important news for you. From July 15, 2025, SBI Cards has decided to change the method of calculation of Minimum Amount Due (MAD). This change is directly related to your monthly bill payment and can affect your pocket.

What is Minimum Amount Due (MAD)?

Minimum Amount Due is the minimum amount that you are required to pay by the billing date of every month. This does not make you a defaulter, and your credit history is also not spoiled.

What does the new rule say?

Now SBI cardholders will have to pay a higher minimum amount than before, especially those who have more outstanding. Under the new rule

Full amount of EMI

All fees

Finance charge (interest)

Overlimit amount (if any)

Full amount of GST

And 2% of the total outstanding

It will now be included 100%. That is, now there will be no facility of partial payment, which earlier used to cause an increase in interest.

Understand with an example
Suppose the total bill on your card is Rs 1,00,000, in which
Finance charge: Rs 10,000
Fees and other charges: Rs 3,000
GST: Rs 3,000
Then the new MAD will be
Rs 10,000 (finance charge) + Rs 3,000 (charge) + Rs 3,000 (GST) + Rs 2,000 (2% outstanding) = Rs 18,000

What will be its effect?
Customers will have to pay a little more every month, but this will prevent the loan from hanging for a long time. SBI says that this step will help customers to do credit management responsibly.

What should cardholders do?
Read your card statement carefully.
Try to pay on time and in full.
If you have purchased on EMI, then ensure payment as per the plan.
If you use an SBI credit card, your monthly payment amount may increase after July 15. Therefore, plan your expenses and payments so that there is no impact on the credit score and unnecessary interest can be avoided.

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