Fee and other parameters
|
Amount
|
Joining Fee
|
₹12,500
|
Annual Fee
|
₹12,500
|
Annual Fee Waiver
|
Waiver of ₹12,500 fee on ₹10,00,000 annual spends
|
Add-On Card Fee
|
Nil
|
Interest Charged on Outstanding Balances
|
3.5% (Annualized 42%)
|
Minimum Amount Due
|
5% of Total Amount Due, as decided by the Bank
|
ATM Cash Withdrawal/Call a Draft/Fund Transfer/Cash Advance Per ₹10,000 or part thereof
|
₹300
|
Late Payment Charges (LPC)
|
₹100 for statement outstanding less than or equal to ₹500
₹500 for statement outstanding between ₹501 to ₹10,000
₹700 for statement outstanding greater than ₹10,000
|
Over Limit Charge
|
Waived
|
Cheque Bounce Charges
|
₹500
|
Foreign Currency Markup
|
2%
|
Fuel Surcharge
|
1% Fuel surcharge waiver for transactions between values of ₹400 - ₹4000.
Maximum Fuel surcharge waiver of ₹4500 in a calendar year
|
Fee for Cash Payment at Bank
|
Nil
|
Outstation Cheque Processing Fee
|
Waived
|
Reissue/Replacement Card (per Issuance)
|
Waived
|
Charge Slip Request
|
Waived
|
Machine Surcharge at ATMs
|
Waived
|
Balance Enquiry Charges At Non Parent Bank ATMs
|
Waived
|
Duplicate Statement Request
|
Waived
|
Web Pay Service Fee
|
Waived
|
Furnishing a Copy Of Credit Information Report (CIBIL)
|
₹50
|
