| Description |
Charges |
| Joining Fee |
Nil |
| Annual Fee |
Nil |
| Card Replacement fee |
NA |
| Cash Payment fee |
Rs. 175/- |
|
| 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 |
Free |
| Finance Charges (Retail purchases and Cash) |
3.7% per month (55.55% per annum) |
| Late payment fees* |
Nil if total payment Due is up to 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
Additional INR 100 on missing payment of Minimum Amount Due (MAD) by the due date for two consecutive cycles. This charge will continue to be applicable for every payment cycle until the MAD is cleared. |
| Cash Withdrawal Fee |
Min. INR 500 up to 2.5% of the cash withdrawal amount |
| 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.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 |
-Rewards redemption fee of Rs 99 per redemption transaction will be applicable on EDGE rewards platform.
- Rewards redemption fee of Rs 199 per redemption transaction will be applicable for conversion/transfer of EDGE points/miles to other miles partner loyalty programs. |
| Rent Transaction fee (Applicable from 20th Dec, 2024) |
1% fee per transaction will be applicable on rental transactions |
| Dynamic Currency Conversion markup (Applicable from 5th March 2023) |
1.5% will be applicable 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 |
| Wallet load transaction fee
(Applicable from 20th Dec, 2024) |
1% fee will be applicable for cumulative spends of Rs 10,000 or more for wallet loads per statement cycle
|
| Fuel Transaction fee
(Applicable from 20th Dec, 2024)
|
1% fee will be applicable for cumulative spends of Rs 50,000 or more on per statement cycle. |
| Education Transaction fee
(Applicable from 20th Dec, 2024) |
1% fee per transaction will be applicable on education payments made via third party apps |
| Utility Transaction fee
(Applicable from 20th Dec, 2024) |
1% fee will be applicable for cumulative spends of Rs 25,000 or more on utilities per statement cycle
|
| Online skill-based gaming fee
(Applicable from 20th Dec, 2024) |
1% fee will be applicable for cumulative spends of Rs 10,000 or more on online skill-based gaming platforms per statement cycle
|
