Fees
Annual feeNIL (zero annual / renewal fee)
Joining feeINR 0
Renewal feeNIL (zero annual / renewal fee)
Fee waiverNot applicable — no annual fee
Interest rate3.0% per month (36.0% per annum (p.a.))
Late paymentNIL up to INR 100 due; INR 250 above INR 100 due
Forex markup1.99%
Cash advance3% of amount (min INR 300) at own/other-bank/overseas ATMs
Eligibility
Min income (salaried)Govt employees (limit = 6-7x gross / 10-12x net salary)
Min income (self-emp.)NA (targeted at Govt employees)
Income requirementSalaried: Govt employees (limit = 6-7x gross / 10-12x net salary); Self-employed: NA (targeted at Govt employees)
Credit score700 - 750
Age range21 to 60
Employment typeSalaried (Government employees)
Resident typeIndian Citizen & NRI
Rewards & cashback
Accelerated rateYes — 2 RP/INR 100 on incremental monthly spends beyond INR 15,000
Redemption optionsGift vouchers / catalogue / Amazon voucher (J&K Bank Rewards portal)
Points expiry3 Years from date of transaction
Travel & lounge
Domestic lounge1 complimentary visit per quarter (Mastercard lounge programme)
International lounge0 visits (no lounge benefit)
Lounge conditionsNo (complimentary as per programme)
Travel insuranceNo
Hotel/flight offers0% - 5% + tiered quarterly vouchers (INR 100/INR 200/INR 350 by spend slab)
ConciergeNo
Forex waiver1.5% - 2.0% (1.99% markup)
Lifestyle
Dining benefitsYes — 15% off (up to INR 75) once/month at lifestyle & food-delivery merchants (min INR 500)
Dining discountsYes — 15% off (up to INR 75) once/month at lifestyle & food-delivery merchants (min INR 500)
Fuel surchargeYes — 1% waiver up to INR 5,000 fuel spend/month
OTT subscriptionsNo
E-commerce offersNo (welcome INR 250 voucher)
Credit limit & EMI
Default limitINR 1.5 - INR 4 lakh (profile based)
Max limitUp to INR 8 lakh
Cash withdrawal40% of credit limit (max INR 1,60,000)
EMI optionsAt purchase / post-purchase (merchant EMI; 3/6/9/12/18/24 months); Yes — merchant EMI
EMI conversionAt purchase / post-purchase (merchant EMI; 3/6/9/12/18/24 months)
Min EMI amountINR 2,500+ (up to INR 2 lakh / 100% of limit per scheme)
Balance transferAs per bank policy
BT interest rateAs per offer
Insurance & protection
Purchase protectionNo
Lost card liabilityYes — hotlist via helpline/app; nil liability after reporting + FIR
Digital & security
ContactlessYes
App featuresM-Pay Delight+ app: statements, due dates, block/unblock, limit controls, e-bill download, alerts
Card controlsBlock/unblock + toggle international/online/contactless via M-Pay Delight+ app or branch
Fraud protectionAutomated Digital Fraud Management (real-time traceability, instant freeze/lien, NCRP integration); OTP; tokenization (RBI); transaction monitoring
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 supportYes (J&K Bank WhatsApp banking)