Wednesday, December 17, 2008

Axis Bank Corporate Credit Card Documentation schedule of Charges







Corporate Credit Card Documentation

Documents that need to be submitted for Corporate Liability :

* For Credit Appraisal

* MOA/AOA
* Audited annual Reports and Profit & Loss Statement for last two years
* Corporate Pan card
* Post Credit Appraisal
* Agreement
*Board Resolution
* Corporate Application Form
* KYC of Individual Employees (PAN Card, Photo ID proof and address proof)

Documents that need to be submitted for Individual Liability

* PAN/Form 60
* Income Proof- salary pay slip (latest 2 months)/Form 16/ ITR (P.Y)/Salary Certificate/Offer Letter/ Appointment letter.
* Residence proof: Passport or driving licence or ration card or electricity bill or land line telephone bill.

Charges Corporate
Corporate Liability Individual Liability
Standard Joining Fee As agreed with company As agreed with company
Standard Annual Fee As agreed with company As agreed with company
Standard Add-on Card Joining Fee NA Nil
Standard Add-on Card Annual Fee NA Nil
Finance Charges (Retail Purchases & Cash) NA 2.95% Per month (41.75% per annum)
Cash Withdrawl Fees 2.5% (Min Rs 150 for Domestic & Rs 250 for International cash transaction) 2.5% (Min Rs 150 for Domestic & Rs 250 for International cash transaction)
Card Replacement (lost or stolen or re-issue) Nil Nil
Emergency Card Replacement Fee when overseas (through VISA) As per VISA Global Customer Assistance Services(GCAS). Currently US $0 As per VISA Global Customer Assistance Services(GCAS). Currently US $0
Duplicate Statement Fee Rs 50 Rs 50
Overdue Penalty or Late Payment Fee 3% of the overlimit amount (Min. Rs 250) 1.5% of total amount due (Min. Rs 250)
Over Limit Penalty 3% of the Overlimit Amount (Min Rs 300) 3% of the Overlimit Amount (Min Rs 300)
Chargeslip Retrieval Fee or Copy Request Fee Rs 200 Rs 200
Outstation Cheque Fee Rs 100 Rs 100
Cheque return or dishonour Fee or Autodebit Reversal Bank A/c out of Funds Rs 300 Rs 300
Surcharge on purchase or cancellation of Railway Tickets Rs 30 plus 1.8% of transaction amount Rs 30 plus 1.8% of transaction amount
Petrol Transaction Charge Waived (For a minimum transaction of Rs 200 and a maximum of Rs 2500) Waived (For a minimum transaction of Rs 200 and a maximum of Rs 2500)
Foreign Currency Transaction Fee 3.5% of the transaction value 3.5% of the transaction value
Mobile Alerts for Transactions Waived Waived
Hotlisting Charges Nil Nil
Balance Enquiry Charges Waived Waived

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