Type of fee |
Charges (Amount  / %) |
Joining Fee (one time) |
499/- |
Annual Subscription - Main card |
499/- |
Annual Subscription - Add on card |
199/- |
Annual Subscription waived in the first year and not levied if usage in the previous year |
1,00,000/- |
Roll Over Facility |
5 % |
Free Credit Period |
21 to 50 days depending up on the date of purchase |
Accidental Insurance Coverage |
Free Personal Accident Insurance coverage of up to 10 lakh in case of loss of life due to accident. *T&C Apply
Additional accidental Insurance coverage of 10 lakhs with premium borne by the card holder |
Lost Card Insurance |
1,50,000/-
|
Cash Advance Limit |
40% of the sanctioned limit |
Add on card charges |
300/- |
Lost Card Charges |
Nil |
Lost 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 |
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3% on the amount withdrawn or 200/- whichever is higher |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 |
50/- in addition to 3% on the amount withdrawn or 200/- whichever is higher |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 within due date |
2.5% p.m or 34.49% Annualized percentage rate |
Service charge on revolving credit facility if MPD is not paid within due date |
2.95% p.m or 41.75% Annualized percentage rate |
Over limit charges |
2.5% of the over limit amount, minimum 250/- |
Duplicate statement for >3 months |
50/- per statement |
Duplicate physical PIN mailer |
50/- per occasion |
EMI facility |
EMI |
EMI facility can be availed for 3/6/9/12 months except for Gold purchase, Cash withdrawals and fuel transactions |
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/- |