| Descriptions |
Charges |
| Joining fee |
Rs.500 |
| Annual fee |
2nd Year onwards Rs. 500, Annual fee waived off on annual spends greater than Rs. 3,50,000., Rent transactions(MCC 6513) and wallet load transactions(MCC 6540) will not be eligible for spends counted in availing annual fee waiver. |
| Add-on card joining fee |
Nil |
| Add-on card annual fee |
Nil |
| Card replacement fee(w.e.f 10/10/20) |
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 |
| Hotlisting charges |
Nil |
| Balance enquiry charges |
Waived |
| Finance charges(Retail purchases and cash) |
3.6% Per Month (52.86% Per Annum) |
| Cash withdrawal fees |
2.5%(Min. Rs. 500)of the cash amount |
| Overdue Penalty or Late Payment Fees |
Nil of total payment due is less than Rs. 500,Rs. 500 if total payment due is between Rs. 501-Rs.5,000,Rs.750 if total payment due is between Rs. 5,0001-Rs.10,000,Rs. 1200 if total payment due is greater than Rs. 10,000 |
| Over limit penalty |
2.5% of the over limit amount (Min Rs. 500) |
| Cheque return or dishonor fees or auto-debit reversal |
2% of the payment amount subject to Min. Rs. 450,Max. Rs. 1500 |
| Surcharge on purchase or cancellation of railway tickets |
As prescribed by IRCTC/Indian Railways |
| foreign currency transaction fee |
3.5% of the transaction value |
| Rewards Redemption fee |
No |
| SRent 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 nations |
For all above fees and charges,taxes as per Government norms shall be applicable.