Self-Payment Billing Statement: Fill & Download for Free

You need to have atleast 6 months old credit history with good past repayment records & stable source of income to apply for SBI credit card.=》If you're Salaried, you can apply on the basis of either your income documents or your existing credit card.Documents required if you are working in categorised company & applying on the basis of income documents-Salary - 25k<E-kyc & Pan cardSalary slip of last 2 monthsBank statement of last 2 months (If account details are not mentioned on your salary slip)Landline numberOffice identity card or visiting card or official e-mail I'd (for increasing approval stats)Documents required if you are applying on the basis of existing credit card-Credit limit- 30k<E-kyc & Pan cardCredit card front copyLatest credit card statement (not more than 45 day's old)Landline numberOffice identity card or visiting card or official e-mail I'd (for increasing approval stats)Official e-mail I'd can waive off your official physical verification=》If you're Self-employed, you can apply on the basis of either Income tax return (ITR) or your existing credit card.Documents required if you are applying on the basis of ITR-E-kyc & Pan cardITR of last yearBank statement of last 3-6 monthsLandline number & visiting CardDocuments required if you are applying on the basis of existing credit card-Credit limit- 30k<E-kyc & Pan cardCredit card front copyLatest credit card statement (not more than 45 day's old)Landline number & visiting card(10-30% available limit required with atleast 10% payment of your last billed statement if you're applying on the basis of existing credit card)This is a complete list of documents required to apply for the SBI credit card. However your credit card can also be approved without documents if you've a high credit worthiness. So, the documents requirement for the credit card can vary from applicant to applicant.

This is assessment fees. It is applied by card associations when you use their network. Assessment fees vary world over. Some countries don't even use the nomenclature assessment.In many countries in Asia for example, the flat assessment fees is not included, it is part of the overall interchange.Merchant Mavericks has a really great description on this:Flat FeesThe below mentioned flat fees all fall under the markup category. These fees can be negotiated all day.They may vary by name, value, and applicability, but at least some of them will probably show up on your credit card processing statements each month. It is your job as a merchant to understand them and dispute any fees you feel unnecessary to pay.Terminal Fees: These are charged to merchants who have physical stores, where they directly swipe a customer’s card. If you run a business online, you will not have to worry about this. Some providers try to lock merchants into terminal leases, but as we’ve mentioned before, don’t lease a terminal. Most of our favorite providers will encourage you to buy your machine outright for a low one-time fee. This can save literally thousands of dollars in the long-run. For an example of this, check outHelcim.Payment Gateway Fees: These are similar to terminal fees, but they are applied to ecommerce businesses instead. Some processors have in-house payment gateways that are free of charge (CDGcommerce). You can learn more about payment gateway’s here.PCI Fees: These are fees paid to the Payment Card Industry, either for noncompliance or compliance. In the case of noncompliance, you have to pay because your business is not upholding PCI standards, which could cost you even more money in the long run. In the case of compliance, you have to pay the merchant account provider to make sure you remain in line with the regulations at all times. Unfortunately, some providers charge for this service without actually providing it, so you need to make sure you are being cared for at all times.Annual Fees: These are fees charged every year to cover the basic use of a provider’s services. In my opinion, this is a bogus fee. Most of the better merchant account providers will not charge it.Early Termination Fees: This is pretty self-explanatory. It is a fee that is charged if you cancel your contract early. Another fee you definitely want to avoid.Monthly Fees: These are fees that are charged each month, usually for the purpose of covering call center costs. Ironically, most of the phone calls that come in are the result of mistakes made by the merchant account providers, making them the cause of their own fees. If you’re looking for the lowest monthly fee possible (a good idea if you have a low volume) take a look at Payline Data. They have a plan for just $5 per month.Minimum Fees: These are fees charged to merchants who do not reach a certain transaction total for the month or year. The minimums will vary by provider, but most of them are around $50,000 a year. This is another fee that is not charged by some of the better providers like Dharma Merchant Services.Statement Fees: These are fees charged to cover printing and mailing costs for credit card statements. Some merchants bypass these costs by using electronic bill statements, but others pay as much as $15 a month for miscellaneous processing costs.IRS Report Fees: These are fees that merchant account providers charge in exchange for reporting transaction information to the IRS (1099-K). Most of these charges range from $2 to $5, depending on the provider.Online Reporting: These are alternatives to statement fees, charged to merchants who choose to view their statements online. Most providers will not charge this kind of fee, and those that do often lump it together with others.Network Fees: The card networks charge certain non-negotiable fees that are passed through to the merchant, such as the FANF.Source: The Complete Guide to Credit Card Processing Fees & RatesAnother resources to understand assessment fees:Credit Card Processing FeesInterchange FeesWhat are “Credit Card Assessment Fees”?

When you take out a big loan for college, they calculate the total interest you will pay on that loan over the course of the loan, then the first payments you make will go almost completely to interest, then the interest payments will slowly draw down as your principal payments come up. The result is that, by the time you get to a position in life where you can pay extra on your loan, they already have all of the interest anyway, so there’s no benefit to you for paying it off early.For example, let’s say you come out of college with $50,000 in student loan debt, and you’re on a 20-year repayment plan. Let’s say your monthly payments are $400. You pay your first bill, then, on your next statement, you see this:Last payment - $400Applied to interest - $398Applied to principal - $2Outstanding principal balance - $49,998After a few years of payments with the principal barely budging, you begin to wonder if it was worth it. Did you even need to go to college to do the job you’re doing?Actually, that brings me to the real point I’m trying to make… the one thing I wish I knew as a teenager is this: college isn’t the only path after high school.At no point in my childhood and teenage years did any adult ever give me any advice that didn’t involve me going to college straight out of high school. It was treated like an inevitability. It was like going to high school after middle school… that’s just what comes next in the series.