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▾SBI UNNATI Credit Card Review
Best for: Anyone with an SBI Bank fixed deposit of ₹25,000+ who wants a simple secured credit card to build CIBIL history. (Note: this is an SBI Card product, not India Post Payments Bank.)
- ₹499 + GST annual fee waived for first 4 years (per current issuer page)
- Issued against a lien on the cardholder's SBI Bank FD of ₹25,000 or more
- 1 Reward Point per ₹100 spent (Cash Advance, Balance Transfer, FlexiPay and Fuel transactions excluded)
- Milestone: ₹500 cashback on annual spends of ₹50,000
- 1% fuel surcharge waiver on transactions ₹500-₹3,000, max ₹100 per cycle
- Builds CIBIL score for new applicants — no income documentation required (FD is the collateral)
- Very weak reward rate
- No lounge, no travel perks
- FD locked as collateral
- Hard to upgrade to premium SBI cards later
Fees & charges
| Item | Charge |
|---|---|
| Joining fee | ₹499 + GST (Y1-Y4 waived) |
| Renewal fee | ₹499 + GST |
| Finance charge | 3.6% p.m. |
| Cash advance fee | 2.5% (min ₹500) |
| Forex markup | 3.5% |
| Late payment fee | Up to ₹1,300 |
Rewards structure
Base 1 reward point per ₹100 (0.25%). Redeem at ₹0.25 per point. This is not a rewards card — its purpose is credit-building. Use for regular ₹5-10K/month spends paid in full to establish a CIBIL history.
Key benefits
- Instant approval against FD (₹25K min)
- Credit limit 85% of FD
- FD continues earning 6.5-7% SBI rates
- First 4 years of annual fee waived
- 1% fuel surcharge waiver
Who the SBI UNNATI is for
CIBIL rebuilders, students, homemakers or gig workers without income proof. After a year of clean usage, apply for an unsecured SBI SimplyCLICK or SimplySAVE.
Final verdict
UNNATI is SBI's answer to Axis Insta Easy. The 4-year fee waiver is slightly more generous. Functionally the same — a tool to build CIBIL, not a card to carry long-term.
FAQ
Can I break the FD after card closure?
Yes — once card dues are cleared, SBI releases the FD lien and you can close or continue the deposit.
Does UNNATI report to CIBIL?
Yes — same reporting as any unsecured card. Regular use and payment builds a full credit history.
What happens at end of 4-year waiver?
Year 5 onwards, ₹499 + GST applies annually. By then you should be eligible to upgrade to an unsecured card.
Fees and features verified against the issuer's public website. Benefits may vary; always confirm current terms with the issuer before applying.