SBI Card Unnati
1 point/₹100 eligible retail, valued only in completed statement-credit blocks.
Try your spend →How this estimate works
The issuer’s Unnati membership terms give one point per ₹100 of eligible spending. They say a minimum of 2,000 points could be converted to statement credit at four points=₹1, but the newer issuer rule from 1 April 2026 permits statement credit only in full 4,000-point multiples and up to 60,000 points per card per calendar month; this model uses the newer rule. It assumes one eligible purchase each month for twelve months, values only completed blocks, and deducts ₹99+estimated GST per necessary redemption request. Up to 60,000 points/request is a batching assumption; enough future months to redeem annual points are assumed. The ₹499 annual fee is waived for the first four membership years, so the first-year card fee here is zero; year five onward costs ₹499+tax. The conditional ₹500 spend milestone, fuel surcharge waiver and other perks are omitted. Fuel and rent do not earn points; utility, government and merchant/payment-specific paths are excluded or unverified. Unnati may require an SBI fixed deposit; this calculator does not value collateral opportunity cost or test approval or current availability.
Issuer terms
Unnati membership and point rules · Current statement-credit changes · Issuer fee schedule · Issuer redemption rules · Issuer card brochure
Terms checked 29 September 2026. First-year estimate; year-five fee, deposit cost and milestone value are not included.