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How to get CAMS Capital Gains Statement for Mutual Funds?

Shitanshu Kapadia
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How to get CAMS Capital Gains Statement for Mutual Funds?

Capital Gains statement is required to know your tax liability and file your income tax returns. You must be aware that you need to pay capital gain tax (LTCG and STCG) on various investments such as mutual funds, stocks, real estate, etc. Capital Gain is the profit earned on the sale of capital assets. (Real estate, stocks, mutual funds, etc.)

Capital gains are taxable in the year they are realized. This means sales year. If you have sold your mutual funds investment this year, you must be looking for the total capital gains you have earned during the financial year. This information is available in the capital gains statement. There are three different ways to get your Capital Gains Statement for the financial year.

  • Method 1 – Download Capital Gains Statement from Online Demat Account.
  • Method 2 – Download Capital Gains Statements from Mutual Fund companies individually.
  • Method 3 – Get Capital Gains Statement from CAMS.

Also Read – Capital Gain Tax Calculator – Download

Download Capital Gains Statement from Online Portal Demat Account

The first method for downloading a Capital Gains statement is from the Online Portal of a specific brokerage house where you are holding a demat account. For every Demat Account process will be different.

In this post, I will share the process of downloading a capital gain statement from ICICI Direct.

  1. The first step is logging into the ICICI Direct website. You need to give a username, password, and DOB or PAN card to logging.
  2. Once you log in to the site, you will get a navigation menu on the left-hand side.
  3. The first option in this menu would be “Portfolio & Statement”. On clicking Portfolio & Statement you will be able to see Capital Gain Tab on the right-hand side.
  4. This tab contains two options. Equity Capital Gain and MF Capital Gain. On clicking MF Capital gain you will be taken to the page where you will get an option to select Financial Year (FY).
  5. You can select FY or date range. Once done you need to click on the View button. It will display the MF statement on the screen. On the top right corner, you will find an option to Print/Download the report.

capital gains statement icicidirect

Download Capital Gains Statements from Mutual Fund companies individually.

The second method of downloading Capital Gains statements is via MF companies individually. If you are a DIY investor and investing in multiple platforms online and offline this method is for you. In this method, you need to download multiple statements from different MF websites separately. Steps you

  1. You need to create your own login on every Mutual Fund company’s website.
  2. You need to provide your folio number and PAN number during registration. You will receive OTP on the mobile number and email address specified on the portfolio.
  3. If e-mail ID is not specified you need to register e-mail ID under your portfolio.
  4. Once your login ID is created you can download CAPITAL GAINS associated with the individual portfolio.
  5. You need to specify financial year detail or date range. The statement will be e-mailed. You can also take physical delivery of the statement.

capital gains statement mutual funds

You need to repeat this exercise individually for all Mutual Fund AMC where you invested your money. It will be a very tedious process.

If you are looking for an easy method, you can make use of CAMS or KARVY to get a capital gains statement. This method works irrespective of platforms. CAMS and KARVY are SEBI-approved registered transfer agents. They handle back-office operations of Mutual Funds.

Get Capital Gains Statement from CAMS

  • Login to the CAMS portal with your User ID and Password. If you are not registered at CAMS you can register by clicking on New User. You need to provide your email ID and mobile number registered with your Mutual fund portfolio.
  • Once you log in to the CAMS portal, you will be able to see your investment in a dashboard format.
  • You will also see the navigation menu on the left-hand side. Once you scroll down you will be able to see the “Statement” button.
  • Under Statement, you will be able to see various options such as Active Statement, Single Folio, Capital Gain/Loss Statement, etc.
  • You need to click on Capital Gain/Loss Statement. You will be prompted to select a mutual fund name. You can either select a specific mutual fund or select all mutual funds.

CAMS Mutual Funds Capital Gain Statement Download

  • In addition to a mutual fund, you need to select the period and delivery option.
  • You can select either Email a download link or Email an encrypted attachment option. You will be asked to enter the password. This password acts as additional security for the statement.
  • Once you are done with the selection click on the submit button. You will receive a mutual fund capital gains statement by CAMS via email.

I hope you can download the Mutual Fund Capital Gains Statement.

30 Successful Small Business Ideas with Low Investment

Shitanshu Kapadia
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30 Successful Small Business Ideas with Low Investment

Successful Small Business Ideas – Pat on the Back as you have decided to clock out from your 9 to 5 job to start your own business. Small or big any successful business starts with a good business idea. If you are a beginner and looking for small business ideas, your search ends here. In this post, I will share 30 Successful Small Business Ideas with Low Investment. These business ideas are low cost and easy to implement.

Make sure to select a business idea based on your education, field knowledge, and experience. Do not jump into business as it is in demand. Make a proper business plan and study all legal and commercial aspects before jumping to any unknown venture. Just complete your homework, select the best business idea and Work Hard in Silence Let Your Success Be your Noise. Now let’s quickly get started with 30 Successful Small Business Ideas with Low Investment.

Also Read – 200 Small Business Ideas in India with Low Investment

successful small business ideas

30 Successful Small Business Ideas with Low Investment

# Innovative Business Ideas

  1. Digital Consultancy

The first successful and innovative business idea is starting your own digital consultancy. The world is moving towards digital. Every small or big organization is spending money on digital initiatives. This makes digital consultancy successful business option. In this business, you need to provide consultancy about digital projects to various small and big organization. To start this business, you need to gain knowledge in technical areas such as IoT, Artificial Intelligence, machine learning, digital development platforms. It is a futuristic business with good potential.

  1. Go Green Products

Starting a business related to Go green product is next in the list of successful small business ideas. Conserving energy and protecting the environment is the need of an hour. In order to drive this initiative, many people are opting for Go Green products such as solar energy, solar products, biodegradable fuel, echo friendly bags, etc. You can either start trading in the mentioned product or plan to manufacture your own go green product.

  1. Mobile Auto Garage

Mobile Auto Garage is a small and innovative business idea. In a mobile auto garage, you need to send a mechanic with a mobile kit at a various location based on customer’s requirement. You can decide the area of operation. It is a very good business idea with very good potential. In a western country the concept of a mobile auto garage is very popular.

  1. Organic Farming

Organic Farming is next in the list of innovative small business ideas. Organic Farming is a process where the crop is produced naturally without using chemical-based pesticides and fertilizer. Under organic farming, there are multiple options such as organic dairy farm, livestock farm, organic fish farm, organic store, etc. Many people prefer organic food item. Thus, starting an organic farm business is a very good business option.

  1. Virtual Reality Accessories

Virtual Reality Accessories business is next in the list of an innovative business idea. Usage of virtual reality is growing like anything. VR is extensively used in gaming, entertainment, work collaboration, training, and virtual tours. If you have expertise in the VR area, especially for software development you can start this business.

  1. Children Play/Adventure Area

Children Play or Adventure Area is next in the list. Children love spending time at the creative play area or at a place where they can feel the adventure. If you have space and resources, you can design and open unique children play area. It is advisable to open children play area in a shopping mall or at a central place. Investment required for this business is moderate.

# Food related Successful Business Ideas

  1. Fast Food Shop

The first food-related business is a fast food shop. Today’s generation is fond of fast food. This makes fast food shop evergreen business option. Serving tasty and healthy food is the main requirement of this business. If you can fulfill this requirement you can get quick success. Investment required for this business is moderate.

  1. Diet Food Shop

Diet Food Shop is next in the list of successful small business ideas. The concept of dieting and healthy lifestyle is increasing. People have become health conscious and they are ready to spend money on health. Thus, starting a diet food shop is a very good business option. In this business, you need to sell diet food such as keto diet, low-calorie food, etc. Investment required for this business is moderate.

  1. Restaurant

Opening restaurant is an evergreen business idea. This business requires intensive investment and meticulous planning. In addition to this, you require a good chef for cooking food. The success ratio of this business is very high.

  1. Food Truck

A food truck is next in the list of successful small business ideas. Food truck means mobile van serving a customer on the move. This business can be started with low investment. The location of a food truck and tasty, healthy food served in the economical range are keys to succeed in this business.

Also Read – 90 Business Ideas with low investment

  1. Grocery Shop

Starting a grocery shop is the next successful business idea. A grocery shop is a place where you need to sell goods for daily needs. A location of grocery shop matters a lot, so you must be careful in selecting a place for a grocery shop. Grocery is volume business. You need to focus on increasing your volume sales.

# Home Based Successful Business Ideas

  1. Home-based chocolate making

The first home-based small business idea is chocolate making. Demand for chocolate will never end. If you love making chocolate make it your business. You need a chocolate recipe, utensils, cookware, molds and packing material to start this business. You need to tie up with shopping malls or small shop keepers to purchase your chocolate. Investment required for this business is very low.

  1. Tuition Class

Starting at Tuition Class is one of the best home-based business ideas. If you have good teaching skill and knowledge you can start this business. You just need a few wooden benches and blackboard for starting this business. At an initial stage, this business demands mouth publicity or advertisement.

  1. Network Marketing

Network Marketing is next in the list of home-based business ideas. Network marketing demands very good communication and convincing skills. In this business, you need to enroll yourself as a member of MLM company. Once you enroll, you need to start selling the product and services of MLM company. You will gain commission on every sell. Some company also provide money for the performance of your group. Make sure to select the best network marketing company.

  1. Beauty Parlor

Starting a beauty parlor is next small home-based business. This idea is suitable for women. Investment required for this business is very low. You need to undergo specific training course before starting this business. You can also start this business in part-time.

  1. Foreign Language Class

Foreign language class is next in the list of small home-based business ideas. To start this business, you need to gain expertise in a foreign language such as French, English, German etc. You may also employ an expert in this language. This idea requires a lot of marketing at an initial stage.

  1. Accounting Services

Accounting service is next on the list. A finance person with expertise in software can start account and recordkeeping business. In this business, you need to keep records of all financial business transactions. You can get fixed money for this. You will need special training for this business.

  1. Customized Gift Store

Customized Gift Store is next in the list of small business ideas. Nowadays people prefer customized gifts. If you are creative and make some unique gifts for a various occasion this business is for you. The investment required for this business is low.

# Low Investment Successful Business Ideas

  1. Insurance Agency

Buying insurance is one of the basic requirements of a human being. Insurance fellow always remains in demand. If you are an expert in communication and convincing skill you can plan to open an insurance agency. You need to enroll at various insurance companies to become an insurance agent.

  1. Real Estate Agent

Real estate agency is one of the highly successful business ideas. In this business, you need to help people in finding the right property for rent or sell. You can earn a hefty commission from every transaction. This business can be started with zero investment.

  1. Computer Repair

Computer repair is low investment successful business option. In this business, you need to repair computers and IT devices. You can start these services from home or from a rented shop.. You can work in the home as well as office segment. You need to take appropriate training in order to start computer repair work.

  1. Fitness Trainer

Fitness trainer is a profession by itself. A demand for fitness trainer is growing. If you are a certified fitness expert or trainer you can enter into this profession. Fitness trainer provides a trainer to an individual as well as a group of people. A success rate of this business is very high.

  1. Namkeen Snacks Making

The concept of Namkeen and snacks is growing. People are ready to spend money on Namkeen. If you are good at making namkeen and snacks you can start this business. You require a small shop for making and selling namkeen. You can plan to employ a cook for making namkeen. It is very successful and lucrative business option.

# Small Online Business Ideas

  1. Online Tutor

The first online business idea is online tutor. The task of online tutor is to provide tuition online. You can either make use of YouTube videos or SKYPE for online training. You can charge fixed money for every session. You can even make your own website to start teaching online.

  1. Blogging

Blogging is one of the best small online business ideas. In this business, you need to share knowledge and information about specific topic. You should select a topic as per your expertise. You need to invest money on domain name and hosting space. You can make money by placing advertisement on blog.

  1. YouTube Channel

YouTube Channel is one of the simplest yet lucrative business option. In this business, you need to start your own YouTube Channel and upload videos. Once your channel gain popularity you can apply for YouTube channel partner program. This program will help you to monetize your YouTube Channel.

  1. Affiliate Marketing

Affiliate marketing is one of the best online business idea. Many people are making lot of money via Affiliate marketing. Affiliate marketing means promoting others product on your website and help them to increase the sale. On every product sell, you will get a commission. You can promote product or services via e-mail marketing, whatsapp marketing, facebook marketing or via own website.

  1. Virtual Assistant

Virtual Assistant is the next online job or business option. There are many websites that offer the job of a virtual assistant. In this business, you need to assist people for completing their work. The work could be typing e-mail, sending and checking email, data entry etc. This idea requires a basic knowledge of computer.

  1. Online Store

Opening an online store is next successful small business idea. In this business, you need to host website with your own online store platform. You can use this platform for selling your own products or you can plan to extend service to other vendors. This business require moderate to high investment.

  1. Freelancer

Freelancing is a business which demands specific skills. Some examples are website designing, graphic designing, software development, mobile app development, SEO etc. If you have knowledge and expertise in this area you can start freelancer business.

Over to you –

I hope above business ideas are useful to you. Do help me by sharing your business ideas. This will help me in growing the list of 30 Successful Small Business Ideas.

Do share these ideas with your friends on Facebook and Twitter.

Remember- To be successful in business, you have to have your heart in your business, and your business in your heart.

7 Best Bank for Home Loan in India 2025

Shitanshu Kapadia
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0
7 Best Bank for Home Loan in India 2025

A Home Loan is financial assistance provided by bank or NFBC to fulfill your dream of buying your own home. If you are planning to avail a home loan, you will find this post interesting. In this post, I will share information about the 10 Best Bank for Home Loans in India.

Firstly, I will share factors that I have considered to select the Best Bank for Home Loans in India.

best home loan india

Factors for selection of Best Bank for Home Loan

Interest Rate – The first important factor for consideration while availing a home loan is the Interest rate. You should opt for the bank offering the lowest rate of interest. A small difference in interest rate makes a huge difference in interest payment.

Processing Fees – The second important factor is a processing fee. The fees are of two types some banks charge fixed fees, while others charge a percentage of the loan value as a processing fee. You should consider banks offering the lowest processing fees.

Loan to Value Ratio – Loan to Value Ratio is another important factor. This ratio indicates how much finance the bank is ready to offer against your property value. The ratio varies from 75% to 90%.

Principal Component in EMI – The principal component in EMI plays a crucial role in deciding the best home loan providers. Most of the public-sector banks keep the principal component as 45% of the EMI. In some banks, interest component is bigger than the principal amount. You should select a bank with a higher principal component in EMI.

Prepayment Charges – Another important factor for consideration is prepayment charges. Some bank imposes prepayment charges if prepayment is made during the loan starting year.

Loan Processing Time – It is difficult to find out loan processing time. However, from end user feedback you to avail this information. Some Banks provide this information on the bank’s website.

Quick sanction and Disbursal Process – You should also consider the bank based on the disbursal process. Check and confirm the turnaround time of the shortlisted banks for disbursal. I recommend opting for a bank that is transparent, quick, and approachable.

Customer Support – Another important factor to consider is the customer support facility offered by the bank. Customer support plays a crucial role after the disbursal of a home loan.

Online Facility – The bank should provide an online facility where customers can see loan balances, rate changes, annual statements, etc.

Special Scheme/Offers – You can give priority to a bank or financial institution for a special scheme or offers provided by them. However, it is recommended to study the offer carefully before opting.

Also Read – NRI Home Loan – Document and Checklist

In a nutshell, I recommend considering the following points while selecting the best bank for Home Loan.

  • Interest Rate
  • Processing Fees
  • Loan to Value Ratio
  • Principal Component in EMI
  • Prepayment Charges
  • Loan Processing Time
  • Quick sanction and Disbursal Process
  • Customer Support
  • Online Facility
  • Special Scheme/Offers

7 Best Bank for Home Loan in India

#1 HDFC Home Loan

HDFC Home Loan is first in the list of best banks for home loan in India. HDFC is very stringent in document verification. The interest offered by HDFC Bank is competitive. HDFC provides loans for new house purchases, house construction, home improvement, and home extension. Key Features of HDFC Home Loan are given below.

  • HDFC offers fixed, floating, and TruFixed types of home loans.
  • HDFC offers a Step Up Repayment Facility (SURF). In this facility, repayment is scheduled as per expected growth in your income.
  • HDFC also provides the facility of a Flexible Loan Instalment Plan (FLIP). In FLIP EMI is higher during the initial years and it decreases in proportion to income.
  • You will also get an Accelerated Repayment Scheme where you can increase the EMI at your convenience to repay the loan faster.
  • TruFixed Loan where the interest rate is fixed for the first two years.
Interest Rate 8.75% to 9.65%
Processing Fee 0.50% of Loan amount or Rs.3000 whichever is higher
Maximum Tenure 30 Years
Pre-Closure Charges NIL if paid from own sources
LTV 90% of Property Cost up to 30 Lakh80% of Property Cost from 30 Lakh to 75 Lakh75% of Property Cost above 75 Lakh
Prepayment Charges NIL

Transparency in charges, good customer support service and multiple repayment options are few positive points about HDFC Home Loan.

#2 State Bank of India Home Loan

State Bank of India is next on the list of best banks for home loans. SBI offers home loans for house purchases, reconstruction, and home renovation as well as top-up loans. SBI’s interest rate is lower compared to other banks. However, you need to go through a tedious documentation procedure. SBI has very strict guidelines in terms of documentation and verification of property papers. Key features offered by SBI are given below.

  • SBI provides loans at a daily reducing balance. This means your interest outgo will be less.
  • SBI also offers Flexipay Home loan. EMI in this loan will be increasing with the loan year.
  • SBI allows you to apply for subsidy under the PMAY scheme
Interest Rate 8.5 – 9.65%
Processing Fee 0.35% of Loan amount or Minimum Rs.2000 + GST
Maximum Tenure 30 Years
Pre-Closure Charges NIL
LTV 90% for loan amounts up to 20 Lakh80% for loan amounts above 20 Lakh
Prepayment Charges NIL

SBI offers the lowest interest rate with daily reducing balance. The approval process for the SBI home loan is slow.

#3 ICICI Home Loan

ICICI Home Loan is known for simplifying documentation, speed in approval, and competitive interest rates. ICICI bank offers loans up to 5 Cr. They offer loans for the purchase of new houses, reconstruction, and top-ups. Key features of ICICI Bank Home Loan are given below.

  • You can apply for a home loan using a tablet or smartphone and get faster approval.
  • ICICI Bank offers an online calculator facility this facility will help you in knowing your eligibility.
  • ICICI Bank also provides a balance transfer facility.
  • ICICI Bank allows you to apply for subsidy under PMAY.
  • Customer Care offered by ICICI Bank is very good.
Interest Rate 8.75-10.05%
Processing Fee 0.5%-1% of the loan amount
Maximum Tenure 30 Years
Pre-Closure Charges NIL
LTV 90% for loan value less than Rs. 20 lakhs80% for loan value more than 20 lakhs75% for loans above Rs. 75 lakhs
Prepayment Charges  NIL (Min prepayment should be equal to one EMI)

Quick processing of home loan, doorstep services are positive side of ICICI Home Loan. However, you need to pay the higher processing fee and interest rate.

#4 Axis Bank Home Loan

Axis Bank Home Loan is next on the list of Best Home Loans. Axis Bank offers home loans for purchase, construction as well as top-up loans. The minimum amount offered by this bank is 3 Lakh. Key Features associated with Axis Bank Home Loan are given below.

  • The minimum Loan amount is 3 Lakh.
  • Fast forward home loan facility where you can increase EMI and also stop paying EMI for a few months.
  • No Prepayment charges and an attractive interest rate.
Interest Rate 8.75-9.10%
Processing Fee 1% of the loan amount (Minimum Rs.10,000)
Maximum Tenure 30 Years
Pre-Closure Charges NIL for floating rate & 2% for fixed-rate loans
LTV 90% for loan value less than Rs. 20 lakhs80% for loan values of more than 20 lakhs75% for loans above Rs. 75 lakhs
Prepayment Charges  2% for fixed-rate loans

The interest rate of Axis Bank is competitive. However, you need to pay a higher processing fee and other charges to avail of this loan.

#5 LIC Housing Finance Home Loan

LIC Housing Finance Home Loan is next on the list. LIC Housing Loan offers loans for the purchase of new houses, reconstruction, renovation, and top-up loans. The interest rate under LICHF is calculated on a monthly reducing basis. You will not get a fixed interest rate loan in LIC housing finance.

Interest Rate 8.50% onwards
Processing Fee 0.5% of the loan amount (Minimum Rs.10,000)
Maximum Tenure 30 Years
Pre-Closure Charges NIL
LTV 85% for loan value up to Rs. 20 lakhs80% for loan above 20 lakh and up to 75 lakhs75% for loans above Rs. 75 lakhs
Prepayment Charges NIL

LIC Housing Finance offers home loans at competitive interest rates. However, the entire process is manual and it takes a lot of time.

#6 PNB Housing Finance

PNB Housing Finance provides an extensive range of home loan products such as Home Purchase Loan, Construction Loans, Home Extension Loan, Home Improvement Loan, and Plot Loans.

Interest Rate 8.50 % onwards
Processing Fee 0.35% for loan amount
Maximum Tenure 30 Years
Pre-Closure Charges NIL for floating-rate loans
LTV 90% for loan value less than Rs. 30 lakhs80% for the loan value of more than 30 lakhs.
Prepayment Charges NIL

#7 Bank of Baroda Home Loan

Bank of Baroda offers home loan at very competitive rates. Bank of Baroda offers various types of home loans such as home improvement loans, home suvidha personal loans, Baroda top-up loans, etc. Interest rates and other features associated with BOB home loans are given below.

Interest Rate 8.40% Onwards
Processing Fee Fixed-rate of Rs.7500
Maximum Tenure 30 Years
Pre-Closure Charges NIL
LTV 90% for loan value less than Rs. 30 lakhs80% for the loan value of more than 30 lakhs
Prepayment Charges NIL

#8 Aditya Birla Capital Home Loan

Aditya Birla Capital Home Loan is next on the list of best home loans list. Aditya Birla Capital Home Loan is popular for faster processing and lower interest rates. They also offer doorstep service for the people. Interest rates and other features of Aditya Birla Capital Home Loan are given below.

Interest Rate 9% Onwards
Processing Fee Up to 1-2% of the Loan Amount
Maximum Tenure 30 Years
Pre-Closure Charges NIL for floating-rate loans
LTV 90% for loan value less than Rs. 30 lakhs80% for loan value between 30 lakhs – 75 lakhs75% for a loan value above Rs. 75 lakhs
Prepayment Charges NIL

Frequently Asked Questions about Home Loan

Why the new customers is offered with lower interest rate compared to existing ones?

I took taken home loan from the bank before 3 years.  At present bank is charging me an 11.5% interest rate. However, a bank is offering a new home loan with a much lower interest rate of 9.40% to new customers. Why existing customers like me are charged with higher interest rates? This is a very common question. The answer of this question is quite simple. The bank is offering a home loan based on the current applicable interest rate. The interest rate is variable and depends on multiple factors.

First, let us understand how bank decides on home loan lending rates. As per the new system introduced in April 2016 by RBI, all banks are using MCLR for lending funds. MCLR is the Marginal Cost of Funds-based Lending Rate.

The calculation of MCLR depends on multiple factors like –

  • Marginal cost of funds
  • Operational Cost of Banks
  • The cost incurred in managing CRR with RBI
  • Spread or Margin

As multiple variable factors are involved while calculating interest rates you will find a difference in Interest rates offered by various banks.

Home loan Interest rate = MCLR + Spread

So, if a bank has an MCLR of 9.15% and spread of 0.25% the bank will offer home loans @9.4%.

The bank is offering lower interest rates to new customers because MCLR or spread is changed or reduced.

Why do banks take conversation fees to reduce home loan interest?

You can reduce your home loan interest rate by paying conversation fees to the bank. By paying this fee you can convert your existing adjustable rate to the current adjustable rate. The bank will take conversation fees to fulfill the gap of change in the spread.

You should avail of this offer only if you have a large outstanding loan balance or long tenure left for the repayment of a home loan.

Why reduction in outstanding is very low during the starting period of the home loan?

If you carefully observe your home loan statement you will be surprised to note that the reduction in outstanding will be very low during the starting period. This is because the interest component will be very high at the initial stage. Interest amount will be calculated on the whole amount during the initial stage. In the first five years, only a few percentage of EMI will go towards paying the principal.  So, your principal will reduce at a lower rate.

Why you should make a prepayment of a Home Loan?

You should make maximum prepayment at the initial stage. The prepayment at the initial stage helps to reduce the amount payable towards interest. A reduction in the amount paid towards interest means saving money.

Over to you

Have you taken a Home loan from the bank or institution mentioned above?

Do share your experience in the comment section given below.

10 Best SBI Credit Card in India

Shitanshu Kapadia
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0
10 Best SBI Credit Card in India

State Bank of India is the most popular public sector bank in India. In addition to fulfilling banking needs, it also offers multiple credit card options to the customers. From basic to exclusive for every requirement SBI offers a unique credit card. If you are planning for SBI credit card here is complete information about Best SBI Credit Card in India.

The SBI credit cards shortlisted below are based on eligibility criteria, features, benefits, ongoing offers, renewal fees, a utility of card etc. So, let’s get started with list of 10 Best SBI Credit Card in India.

Also Read – 10 Best Credit Cards in India To Save Money 2019 – Latest Review

For Better understanding, I have divided SBI credit cards into following categories.

# Best SBI Credit Cards for Shopping

# Best SBI Credit Cards for Saving Money

# Best SBI Credit Cards for Travel

# Best SBI Credit Card for Fuel

# Best Premium SBI Credit Cards for Business & Lifestyle

sbi credit cards india

10 Best SBI Credit Cards in India

# Best SBI Credit Card for Shopping

1 SBI SimplyCLICK

SBI SimplyCLICK is one of the best credit cards for online shopping. This card offers multiple benefits for online shopping. Here are key features of SBI SimplyCLICK.

  • You can get Welcome benefit in the form of an e-Gift voucher from Amazon worth Rs. 500.
  • SBI SimplyCLICK offers 10x rewards while shopping with exclusive partners like Amazon, BookMyShow, Cleartrip, Foodpanda, Lenskart, OLA, Zoomcar and more
  • You can get 5x rewards on all other online spends.
  • This card offers milestone-based rewards. You can get e-voucher worth Rs.2000 on spending 1 Lakh or above
  • Earn 1 Reward Points on every Rs. 100 spent
  • If you spend Rs. 1 Lakh in a year, your annual fee will be reversed in the subsequent year
  • It is a contactless card that provides additional security

Joining Fees – Rs.499

Annual Fees – Rs.499

If you are an online geek and fond of doing online shopping, you can use SBI SimplyCLICK credit card.

2 SBI SimplySAVE Advantage

SBI SimplySAVE Advantage is next in the list of Best SBI Credit Card for shopping. This card offers ample benefits and rewards. Key features associated with SBI SimplySAVE are given below.

  • 10 Reward points per Rs.100 spent on Dining, Movies, Departmental Stores and Grocery Spends.
  • Earn 1 Reward point on every Rs.100 that you spend using SBI SimplySave Card.
  • Freedom from paying 1% fuel surcharge at any petrol pump.
  • This card offer spend base reversal. If you have spent Rs.100000 or more using this card your annual fee will be waived off.
  • This card also offers cash on the go facility.

Joining Fees – Rs.499

Annual Fees – Rs.499

If you want to save money on shopping as well as entertainment and fuel you can use SBI SimplySAVE card.

# Best SBI Credit Card for Saving Money

3 SBI Card PRIME

SBI Card PRIME is exclusive card for exclusive rewards. If you have higher spend limit you can use SBI PRIME Card. Key Features of this card are given below.

  • Welcome e-gift voucher of Rs.3000 from selected brands.
  • Get 20 Reward Points per Rs. 100 spent on standing instructions of Utility Bills payments
  • Get 15 Reward Points per Rs. 100 spent on BigBasket
  • Get 10 Reward Points per Rs.100 spent on Dining, Groceries, Departmental stores and Movies
  • Waiver of Renewal Fee on Annual Spend of Rs.3 Lakhs.
  • Complimentary Fraud Liability cover worth Rs.1 Lakh.
  • Enjoy Complimentary Club Vistara Silver Membership.

Joining Fees – Rs.2999

Annual Fees – Rs.2999

4 SBI Card Unnati

SBI Card Unnati is one of the best credit card for saving money. This card is Zero Fee card for first four year. It is best credit card for salaried person. Key Features of SBI Card Unnati are given below.

  • SBI Card Unnati is Zero Fee Card for first 4 years.
  • You can get 1 Reward Point per Rs.100 Spent.
  • 500 cashback on spends of Rs.50000 or more in a year.
  • 1% fuel surcharge waiver for each transaction between Rs.500 to Rs.3000.
  • Fixed deposit worth Rs.25000 or above is required to get this card.
  • It is contactless card.

Annual Fees – NIL (First 4 years)

Renewal Fee – Rs.499 

# Best SBI Credit Card for Travel

5 Yatra SBI Card

SBI Yatra Card is best card for frequent traveller. This card comes with following benefits.

  • Get Yatra.com voucher worth Rs.8250 on Joining.
  • 1000 off on domestic flight bookings
  • 4000 off on international flight bookings
  • Get 20% discount on domestic hotel booking.
  • Complimentary Air Accident cover of Rs.50 Lakh.
  • 1% fuel surcharge waiver for all petrol pump in India.
  • Get 2 complimentary domestic airport lounge access per calendar quarter

Annual Fees – Rs.499

Renewal Fee – Rs.499

6 IRCTC SBI Platinum Credit Card

IRCTC SBI Platinum Credit Card is best card for train traveller. This card offers plethora of benefits on train travel. Key Features of IRCTC SBI Platinum Credit Card are given below.

  • Get 350 bonus reward points on single transaction of Rs.500 or above within 45 days of card issual.
  • Buy Train ticket using this card on IRCTC and get 10% valueback as Reward Points.
  • Save 1.8% transaction charges on railway ticket booking.
  • Freedom from paying 1% fuel surcharge waiver.
  • Get 1 Reward Point for every Rs.125 spent on non-fuel retail purchase

Annual Fees – Rs.500

Renewal Fee – Rs.300

# Best SBI Credit Card for Fuel

7 BPCL SBI Card

BPCL SBI Credit Card is one of the best credit card for fuel. This card helps you in saving money on fuel. Key features associated with BPCL SBI Card are given below.

  • Get 2,000 Activation Bonus Reward Points worth Rs. 500 on payment of joining fee
  • 13X Reward Points on fuel purchases at BPCL petrol pumps
  • 25% + 1% Fuel surcharge waiver on every transaction upto Rs.4,000
  • 5X Reward Points on every Rs. 100 spent at Groceries, Departmental stores, Movies & Dining.
  • 5X Reward Points per Rs. 100 spent on standing instructions of Utility Bills payments.

Annual Fees – Rs.499

Renewal Fee – Rs.499 

# Best Premium SBI Credit Card for Business & Lifestyle

8 SBI Card ELITE

SBI Card ELITE is premium SBI Credit Card for Business & Lifestyle. This card is loaded with multiple benefits. The benefit associated with SBI ELITE card are given below.

  • Welcome gift voucher worth ₹ 5,000 that can be used at any one of the partner brands. The partner brands are: Yatra, Hush Puppies/Bata, Marks & Spencer, Pantaloons and Shoppers Stop.
  • Concierge Services that provide assistance with gift delivery, customized holiday packages, movie and hotel reservations.
  • SBI Card Elite credit card Foreign Currency Mark-up Charge is 1.99%. This is the lowest Foreign Currency Mark-up Charge.
  • Users get complimentary Trident Privilege Red Tier membership along with 1,000 Welcome Points on registration.
  • Users get complimentary Club Vistara Silver Membership along with 1 complimentary lounge access voucher and 1 upgrade voucher. They also earn 9 club Vistara Points per ₹ 100 spent on Vistara flights.
  • SBI Card Elite also offers 2 International Lounge visits quarterly through Priority Pass Program.
  • Users also get 2 Domestic Lounge visits quarterly.

Annual Fees – Rs.4999

Renewal Fee – Rs.4999

9 Central SBI Select Plus Card

Central SBI Select Plus Card is one of the premium segment credit card. Benefits offered by this card are given below.

  • Central e-gift vouchers worth Rs. 3000
  • 20 Select Points for every Rs. 100 spent any Central store
  • Select Points for every Rs. 100 on Dining  & Movies
  • Renewal and Milestone Select points
  • Contactless card with additional security

Annual Fees – Rs.2999

Renewal Fee – Rs.2999 

10 SBI Platinum Corporate Card

SBI Platinum Corporate Card is best SBI card for business. This card is also suggested for global traveller. Benefits associated SBI Platinum Corporate Card are given below.

  • Smart Expense Management system for tracking and controlling organization expenses
  • Dashboard for real time expense management
  • Complimentary insurance coverage with card
  • Global Acceptance including 3 million outlets
  • Multilayer spend control
  • Emergency Card Replacement & Cash Disbursement

Joining Fee – NIL

Annual Fee – NIL 

Conclusion – SBI offers wide range of credit card for every need. You can avail SBI credit cards for various requirement. You should compare features and fees applicable before opting for credit card.

For more information visit – sbicard.com

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