Type of fee |
Charges (Amount  / %) |
Joining Fee |
Nil |
Annual Fee - Main card |
499/- |
Annual Fee - Add on card |
399/- |
Annual Fee waived in the first year and not levied if usage in the previous year |
50,000/- |
Roll Over Facility |
Card holder can choose to pay "Minimum Amount Due"(MAD) as shown in the bill. MAD is 5% of the total amount due with a minimum of Rs. 100/- plus unpaid MAD, if any, of the previous month plus EMI payable during the month. |
Free Credit Period |
20 to 50 days depending up on the date of purchase |
Accidental Insurance Coverage |
10 lakhs for card in case of loss of life due to accident(premium borne by NPCI).
Additional accidental insurance coverage of 30 lakhs with premium borne by the card holder. |
Cash Advance Limit |
40% of the sanctioned limit |
Lost Card Charges |
Nil |
Card Replacement Charges |
249/- |
Charge Slip Request Charges |
200/- |
Transactions charges at Railways |
1.5% + IRCTC charges |
Surcharge on fuel purchase |
1% of fuel purchase transaction. Reimbursed to a maximum amount of 100/- per card per month. |
Foreign Currency Mark up |
3% |
Temporary Enhancement charges per occasion |
200/- |
Hot Listing Charges |
Nil |
Hot Listing Charges if MAD not paid |
200/- |
Cash withdrawal through Union Bank of India ATMs |
3% on the amount withdrawn or 200/- whichever is higher |
Cash Withdrawal charges Other Bank ATMs |
3 % on the amount withdrawn or 250/- whichever is higher |
Balance Enquiry in Union Bank of India ATMs |
Nil |
Balance Enquiry in Other Bank ATMs |
20/- |
Interest on cash advance charges |
2.5% per month |
Service charge on revolving credit facility if MPD is paid with due date |
2.5% p.m or 30% on Annualized basis |
Service charge on revolving credit facility if MPD is not paid within due date |
2.95% p.m or 35.4 % on Annualized basis |
Over limit charges |
2.5% of the over limit amount, minimum 250/- |
Duplicate statement for >3 months |
50/- per statement |
EMI facility |
EMI |
EMI facility can be availed for 3/6/9/12/18/24 months except for Gold purchase, Cash withdrawals through ATMs ,Cash at PoS,purchase of fuel at petrol pumps and transactions at bar. |
Processing Fee |
2%, minimum 200/- and maximum 1000/- |
Rate of Interest |
16% per annum on reducing balances |
Pre-closure Fee |
2% of the outstanding amount under EMI still not due |
Late Payment Charges |
Outstanding up to 25,000/- |
200/- |
Above 25,000/- |
500/- |