Fees
Annual feeNil (Lifetime Free)
Joining feeNil (Lifetime Free)
Renewal feeNil (Lifetime Free)
Fee waiverLifetime free - no annual or hidden fees
Interest rate3.0% per month (36.0% per annum (p.a.))
Late paymentAs per RBI guidelines; minimum 10% of outstanding due before due date
Forex markup3.50%
Cash advanceAs per bank schedule
Eligibility
Min income (salaried)No income requirement (FD-backed; minimum FD INR 1,11,500)
Min income (self-emp.)No income requirement (FD-backed; minimum FD INR 1,11,500)
Income requirementSalaried: No income requirement (FD-backed; minimum FD INR 1,11,500); Self-employed: No income requirement (FD-backed; minimum FD INR 1,11,500)
Credit scoreNot mandatory (secured against FD)
Age range18 to 80
Employment typeBoth
Resident typeIndian Resident
Rewards & cashback
Accelerated rateNo accelerated tier
Cashback %0.5% cashback on all eligible transactions including UPI
Cashback capINR 3,000 per billing cycle
Redemption optionsCashback (direct) - auto-credited to statement
Points expiryNA - cashback credited monthly
Travel & lounge
Domestic lounge4-8 visits/year (via RuPay Select benefits)
International lounge0 visits (no lounge benefit)
Lounge conditionsNo - no spend condition for lounge access
Travel insuranceNo
Hotel/flight offers5% - 10% via RuPay Select partner offers
ConciergeNo
Forex waiver3.5% (Standard Rate)
Lifestyle
Dining benefitsYes - exclusive lifestyle, dining & shopping offers via RuPay Select
Dining discountsYes - exclusive lifestyle, dining & shopping offers via RuPay Select
Fuel surchargeNo
OTT subscriptionsNo
E-commerce offersNo
Credit limit & EMI
Default limitBased on pledged FD (minimum FD INR 1,11,500)
Max limitUp to 90% of pledged FD
Cash withdrawal10%-20% of credit limit
Balance transferNo
Insurance & protection
Purchase protectionNo
Lost card liabilityYes - protection via CCP partner; emergency travel assistance; free replacement of lost card
Digital & security
ContactlessYes
Virtual cardYes - instant virtual issuance
App featuresReal-time Spend Alerts; Card Lock/Unlock; View Statements & Due Dates; Autopay Setup; Virtual Card View; Add-on Card Management
Card controlsBlock/Unblock Card; Enable/Disable Online Transactions; Report Lost/Stolen Card; Card PIN Reset
Fraud protectionReal-time Transaction Alerts; Tokenization (RBI Mandated); OTP for Online Transactions; Instant Card Block Option
Zero liabilityZero liability if fraud reported within 3 working days
WhatsApp supportYes