SBI launches new option to pay credit card dues

By Pradeep Yuvaraj | January 21, 2010

SBI Card is a joint venture between State Bank of India and GE Capital and currently it has a card base of 30L.

SBI cards has launched an option for its customers to pay their credit card dues using SBI debit card. According to the latest scheme, SBI Credit Card Customers can log into PayNet on the SBI card website and pay on line using their SBI ATM cum Debit Card.

According to a press release issued in Mumbai, with the launch of this latest scheme, SBI card holders will now have 13 different options to pay their credit card dues. Currently, SBI Card customers have multiple payment options such as payment through the internet, bill payment through mobile phone, payment at ATMs, payment through drop boxes at vantage points, as well as the traditional method of payment through the branches of SBI. Other payment options are also available.

Get the best deals on bank loan offers

Some useful personal finance calculators

All information including news articles and blogs published on this website are strictly for general information purpose only. BankBazaar does not provide any warranty about the authenticity and accuracy of such information. BankBazaar will not be held responsible for any loss and/or damage that arises or is incurred by use of such information. Rates and offers as may be applicable at the time of applying for a product may vary from that mentioned above. Please visit for the latest rates/offers.
Category: Money Management

About Pradeep Yuvaraj

Pradeep Yuvaraj is a Co-Founder and Director at Finerva Financial Solutions Private Limited, a financial education company focused on personal finance education. He has penned over 250 articles relating to Personal Finance and clocked over 500 hours of educating individuals on managing personal finance. He is a serial entrepreneur and has been associated with 7 Start-ups. His entrepreneurial experience spans industries as varied as Education, Gas Engineering, Automobile Design, Software development and more recently a Pure play presentation design company. Prior to turning entrepreneur in 2005, he has worked for 3 of the top ten companies of the world - Shell, ExxonMobil and Total SA. This experience included handling Branch Operations, Channel Sales and Business Development across 5 states over a period of 8 years. He holds an MBA from Symbiosis and an Electronics Engineering Degree from the University of Pune.

Leave a Reply

Your email address will not be published.