Joining Fees
|
NA
|
Annual Fees
|
Rs. 299
|
Condition for waiver of Annual Fees - First Year
|
NA
|
Condition for waiver of Annual Fees
|
Annual retail Spends of Rs. 50,000 in the previous anniversary year
|
Add-on card Fees
|
Nil
|
Interest Charges on outstanding Balances
|
3.5% (Annualized 42%)
|
Minimum Amount Due (MAD) (It will reflect in statement in column of minimum amount due)
|
5%
|
ATM Cash Withdrawal/ Call a draft/ Fund Transfer/ Cash Advance per Rs. 10,000 or part thereof
|
Rs. 300
|
Late Payment Charges ("LPC")
|
Due as per last statement (INR)
|
Late Payment Charges (INR)
|
<₹100
|
0
|
₹100 - ₹500
|
100
|
₹501 - ₹5,000
|
500
|
₹5,001 - ₹10,000
|
600
|
₹10,001 - ₹25,000
|
800
|
₹25,001 - ₹50,000
|
1000
|
>₹50,000
|
1200
|
Over Limit Charge
|
Rs. 500
|
Cheque Bounce Charges
|
Rs. 500
|
Foreign Currency Mark Up
|
3.5%
|
Railway Booking Surcharge (1.8%/2.5% on transaction amount)*
|
Waived
|
Fuel Surcharge (1% on transaction)**
|
Waived
|
Fee for Cash payment at Bank
|
Rs. 100
|
Outstation Cheque Processing Fee
|
Waived
|
Reissue/ Replacement Card (per issuance)
|
Rs. 100
|
Charge Slip Request
|
Waived
|
Machine Surcharge at ATMs
|
Waived
|
Balance Enquiry Charges at Non Parent Bank ATM
|
Waived
|
Duplicate Statement Request
|
Waived
|
Web Pay Service Fee
|
Waived
|
*Save railway surcharge waiver of 1.8% for transaction on www.irctc.co.in and 2.5% for transactions on Indian Railways Booking Counters.Maximum railway surcharge waiver allowed in a calendar year is Rs. 500/-
|
**Save fuel surcharge waiver of 1% across Fuel Stations on Kotak Veer Credit Card.Maximum fuel surcharge waiver allowed in a calendar year is Rs. 3,500/-
|