About the Card Features & Benefits Fees and Charges Eligibility


Type of fee

Charges (Amount  / %)

Joining Fee

999/-

Annual Fee - Main card

999/-

Annual Fee - Add on card

-

Annual Fee waived in the first year and not levied if usage in the previous year

1,00,000/-

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

Add on card charges

-

Lost Card Charges

Nil

Card Replacement Charges

149/-

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3% on the amount withdrawn or 200/- whichever is higher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3 % on the amount withdrawn or 250/- whichever is higher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/-


The above charges are exclusive of taxes and subject to change as per bank discretion from time to time without any prior notice.