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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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