| Description |
Charges |
| Joining Fee |
Rs. 499
0 (for select channels) |
| Annual Fee |
2nd year onward: Rs. 499 Annual Fee waived off on annual spends greater than Rs. 2,00,000
Rent transactions (MCC 6513) and wallet load transactions (MCC 6540) will not be eligible for spends counted in availing annual fee waiver. |
| Card Replacement fee |
Nil |
| Cash Payment fee |
Rs.100 |
| Duplicate Statement Fee |
Waived |
| Charge slip retrieval fee or copy request fee |
Waived |
| Outstation cheque fee |
Waived |
| Mobile alerts for transactions |
Free
|
| Balance enquiry charges |
Waived |
| Finance Charges (Retail purchases and Cash) | 3.6% per month (52.86% per annum) |
| Cash Withdrawal Fee | 2.5% (Min. Rs. 500) of the cash amount |
| Overdue penalty or Late payment fees |
Nil if total payment Due is upto Rs. 500
Rs. 500 if total payment due is between Rs. 501 - Rs. 5000
Rs. 750 if total payment due is between Rs. 5,001 - Rs. 10,000
Rs. 1200 if total payment due is Rs. 10,001 and above
|
| Over limit penalty | 2.5% of the over limit amount (Min Rs.500) |
| Cheque return or dishonor fee or auto-debit reversal | 2% of the payment amount subject to Min. Rs.450, Max. Rs. 1,500
|
| Surcharge on purchase or cancellation of railway tickets | As prescribed by IRCTC/Indian Railways |
| Foreign currency transaction fee | 3.5% of the transaction value |
| Reward Redemption fee |
No |
| Rent Transaction fee (Applicable from 5th March 2023) |
1% capped at INR 1,500 per transaction
on rental transactions |
| Dynamic Currency Conversion markup (Applicable from 5th March 2023) |
1% on International transaction performed in Indian currency at International location or transactions performed
in Indian currency with merchants located in Indian but registered in foreign nation |
