Fees & charges
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| Joining Fee |
Informed at the time of applying for the card |
| Add On Card Fee |
Gift your loved one the security and convenience of their own card |
| Cash Advance Transaction Fee |
ATM withdrawal:
* 3% of the cash withdrawal amount subject to minimum of Rs 300.
For withdrawals using teller facility at banks branches an additional fee of Rs 500 will be levied. |
| Penalty Interest Rate |
3.10% p.m.
37.2% per annum |
| Late Payment |
(Effective 18 June 2007)
* Rs 350 for statement outstanding less than Rs. 10,000
* Rs 500 for statement outstanding between Rs. 10,000 and Rs. 20,000
* Rs 600 for statement outstanding greater than Rs. 20,000
(Effective 1 August 2009)
* Rs 100 for statement outstanding less than Rs 1,000.
* Rs 200 for statement outstanding between Rs 1,000 and Rs 2,000.
* Rs 350 for statement outstanding between Rs 2,000 and Rs 5,000.
*Rs 500 for statement outstanding between Rs 5,000 and Rs 10,000.
*Rs 600 for statement outstanding greater than Rs. 10,000. |
| Free Credit Period |
Min.: 22 days Max.: 52 days |
| Minimum Amount Due |
The minimum amount due every month shall be higher than the following:
(a) 5% of the statement outstanding
(b) sum total of all installments billed, interest, fees, other charges, amount that is over limit and 1% of the principal
(c) Rs 250, in case of default or if the statement balance is less than Rs 250 the entire outstanding amount may have to be paid.
Late fees:
late fees of Rs 100 will get debited over and above the late charges if the minimum amount due is not received for two or more consecutive months. |
| Over Limit Charges |
Rs 500 per instance |
| Return of Cheque Fee |
Rs 300 per instance |
| Outstation Cheque Processing Fee |
Rs 100 |
| Duplicate Statement Request Charges |
Rs 125 per statement |
| Replacement Card Charges |
Rs 100 |
| Charge Slip Request |
Rs 100 per instance |
| Air/Railway Booking Comment |
Rs 25 or 2.5% of transaction (whichever is higher) |
| Fuel Surcharge |
2.5% Min.: Rs 10 |
| Foreign Currency Transaction Charges |
3.5% |
| Service Tax |
10.3% |
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