Fees
Annual feeNIL (no annual/renewal fee; free add-on cards)
Joining feeINR 0
Renewal feeNIL (no annual/renewal fee; free add-on cards)
Fee waiverNot applicable — no annual fee
Interest rate~2% p.m. (24% p.a.); some schedules cite up to 3% p.m. (verify with bank)
Late paymentYes — as per Dhanlaxmi schedule of charges
Forex markup3.50%
Cash advanceAs per Dhanlaxmi schedule
Eligibility
Min income (salaried)~INR 25,000/month (INR 3 lakh+ gross p.a.)
Min income (self-emp.)INR 4 lakh/year gross
Income requirementSalaried: ~INR 25,000/month (INR 3 lakh+ gross p.a.); Self-employed: INR 4 lakh/year gross
Credit score700 - 750
Age range21 to 60
Employment typeBoth
Resident typeIndian Resident
Rewards & cashback
Accelerated rateYes — 5% cashback on supermarket & departmental store spends
Cashback %5% on supermarket & departmental store purchases
Cashback capMonthly cap applies (per bank T&C)
Redemption optionsStatement credit / cashback / catalogue
Points expiryAs per Dhanlaxmi rewards policy
Travel & lounge
Domestic lounge0 visits (no lounge benefit)
International lounge0 visits (no lounge benefit)
Lounge conditionsNo spend condition (see issuer for current terms)
Travel insuranceYes — complimentary insurance cover
Hotel/flight offers0% - 5% (periodic Visa offers)
ConciergeNo
Forex waiver3.5% (Standard Rate)
Lifestyle
Dining benefitsPeriodic Visa offers
Dining discountsPeriodic Visa offers
Fuel surchargeYes — fuel surcharge waiver (subject to cap)
OTT subscriptionsNo
E-commerce offersNo
Credit limit & EMI
Default limitINR 25,000 - INR 75,000 (profile based)
Max limitProfile based (bank's internal criteria)
Cash withdrawalAs per Dhanlaxmi policy
EMI optionsAt purchase / post-purchase; Yes — purchase EMI
EMI conversionAt purchase / post-purchase
Min EMI amountAs per scheme
Balance transferAs per bank policy
BT interest rateAs per offer
Insurance & protection
Purchase protectionNo (Gold variant)
Lost card liabilityYes — lost-card liability insurance + report to block
Coverage detailsCredit Shield (Accidental death / PTD) up to INR 1 lakh; lost-card liability cover
Digital & security
ContactlessYes
App featuresDhanSmart mobile banking + emPower expense manager: statements, spend tracking, payments, limits
Card controlsBlock/unblock; toggle online; set limits — via app/branch
Fraud protectionVerified by Visa (online security); OTP; tokenization (RBI); SMS alerts
Zero liabilityZero liability if fraud reported within 3 working days; limited liability if reported within 4-7 working days; full liability if reporting delayed beyond 7 days without valid reason (per RBI)
WhatsApp supportNA (not advertised for credit card)