The move, SBI Card said, is aimed at encouraging digital payments in line with the government’s policy.
“A fee of Rs 100 will be charged for payments made by cheque for an amount less than or equal to Rs 2,000 w.e.f April 1, 2017,” it said.
The credit card company, however, said there will be no additional fee for cheque payments greater than Rs 2,000.
SBI Card starts charging Rs 100 on small payments via cheque