Fees
Annual feeINR 0
Joining feeINR 0
Renewal feeINR 0
Fee waiverLifetime Free - no annual fee applicable
Interest rateAs per PM SVANidhi scheme guidelines
Late paymentAs per PM SVANidhi scheme guidelines
Forex markupNot applicable (domestic micro-credit card for street vendors)
Cash advanceAs per scheme guidelines
Eligibility
Min income (salaried)For PM SVANidhi beneficiaries (street vendors) — no minimum income
Min income (self-emp.)N/A — scheme-based eligibility
Income requirementSalaried: For PM SVANidhi beneficiaries (street vendors) — no minimum income; Self-employed: N/A — scheme-based eligibility
Credit scoreScheme-based; standard CIBIL norms may be relaxed
Age range18 to 60
Employment typeBoth
Resident typeIndian Resident
Rewards & cashback
Accelerated rateNo
Redemption optionsBank's own online redemption store (Union Rewardz)
Points expiry3 Years
Travel & lounge
Domestic lounge0 visits (no lounge benefit)
International lounge0 visits (no lounge benefit)
Lounge conditionsNo
Travel insuranceYes — Personal Accident Insurance (NPCI-borne)
ConciergeNo
Lifestyle
Dining benefitsNo
Dining discountsNo
Fuel surchargeYes — 1% waiver at petrol stations (subject to scheme eligibility)
OTT subscriptionsNo
E-commerce offersNo
Credit limit & EMI
Default limitINR 10,000 - INR 50,000 (as per PM SVANidhi loan tier)
Max limitINR 50,000
Cash withdrawal20%-40%
EMI optionsPost-purchase; Yes — flexible on-demand credit access
EMI conversionPost-purchase
Min EMI amountINR 500+
Balance transferYes
BT interest rateAs per scheme guidelines
Insurance & protection
Purchase protectionNo
Lost card liabilityYes — zero liability if loss reported promptly
Coverage detailsAir Accident Cover
Digital & security
ContactlessYes — UPI-linked NFC
Virtual cardYes
App featuresCard Lock/Unlock; View Statements & Due Dates; Autopay Setup; Block Lost/Stolen Card
Card controlsBlock/Unblock Card; Enable/Disable Online Transactions; ATM Withdrawal Toggle
Fraud protectionReal-time Transaction Alerts; OTP for Online Transactions; Tokenization (RBI Mandated); Instant Card Block Option
Zero liabilityZero liability if fraud reported within 3 working days
WhatsApp supportYes — UV Connect on WhatsApp 9666606060