Who is eligible for the SBI Student Plus Advantage Card?

Students holding an SBI education loan or eligible SBI fixed deposit are typically eligible; exact criteria are per SBI's policy.

Is there a joining fee?

There is no joining fee; the annual fee is modest (as listed) and subject to SBI's terms.

What documents are required to apply?

Identity proof (PAN/Aadhaar), address proof, education loan statement or FD receipt and student ID may be required.

Can students without an education loan apply?

Usually the card is issued against an SBI education loan or eligible FD; check with SBI for alternative issuance routes.

How long does approval take?

Processing typically takes 7–14 business days depending on verification and branch procedures.

Credit Cards/SBI Bank/SBI Student Plus Advantage Card

SBI Student Plus Advantage Card

SBI Bank

Last updated: Feb 03, 2026

fuelgroceryrestaurantse-commerce

Annual Fee

₹500

Joining Fee

₹0

Forex Fee

3.5%

Lounge Access

No lounge access

Designed for students and first-time cardholders, this SBI card offers essential rewards and student-focused benefits. It is typically issued against an education loan or an SBI fixed deposit, making it a good starter card. The card includes basic reward accruals, modest fee structure and standard SBI protections.

Features of SBI Student Plus Advantage Card which makes it unique

Low FD-backed issuance

Can be issued against a small SBI fixed deposit for students

Easier approval for first-time users

Lower FD requirement than many peers

Student-friendly eligibility

Designed for SBI education loan and FD customers

Access for young customers

Specialised student offering

Rewards Structure of SBI Student Plus Advantage Card

Dining

accelerated

Restaurants and online food delivery

Reward Rate:4 pts/₹100

Monthly Cap:No

Higher earn on dining

Base

base

All other retail purchases (non-fuel)

Reward Rate:2 pts/₹100

Monthly Cap:No

Standard earn rate

Fees & Charges of SBI Student Plus Advantage Card

Fee & Amount	Fee Value
Joining Fee	0
Annual Fee	₹500
Forex Markup Fee	3.5%
Cash Advance Fee	0
Late Payment Fee	₹750
Over Limit Fee	₹500
Returned Payment Fee	₹350
Cash Withdrawal Fee	0%

Renewal Conditions:Annual fee may be waived subject to bank's fee-waiver policy and spend thresholds as per SBI terms.

Fee Explanation Standard bank interest and fees apply for overdue amounts; refer to SBI card T&Cs for exact rates.

Detailed Explanation of SBI Student Plus Advantage Card Fees

Annual Fee: 500 (yearly)

Check SBI fee waiver policy

Cash Advance Fee: 2.5% or min ₹300 (transaction)

Applies at ATMs

Additional Features of SBI Student Plus Advantage Card

Contactless Payments

Tap and pay enabled

Add-on Cards

Add-on cards available subject to SBI approval

Welcome Bonus with SBI Student Plus Advantage Card

Welcome Bonus: Gift voucher worth ₹1,000
Bonus Conditions: Valid for new cardholders only; voucher issued after first eligible spend and subject to SBI terms.

Application Process for SBI Student Plus Advantage Card

Processing Time

7-14 business days

Online Application

Available

Instant Approval

Not Available

Step-by-Step Process

Apply online via SBI Cards portal or visit a branch

Submit KYC and education loan / FD documents

Undergo verification by the bank

Card issued and dispatched after approval

Required Documents for SBI Student Plus Advantage Card

ID Proof

all

Accepted documents:

PAN Aadhaar

Address Proof

all

Accepted documents:

Passport Utility Bill

Education Loan Proof / FD Receipt

student/FD applicants

Accepted documents:

Education loan statement Fixed Deposit receipt