Fee & other Parameters |
Veer Platinum |
---|
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") |
Rs. 100 for statement o/s less than or equal to Rs. 500. |
Rs. 500 for statement o/s between Rs. 500.01 to Rs. 10,000 |
Rs. 700 for statement o/s greater than Rs. 10,000 |
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/- |