Fees
Annual feeNil (waived as FD lien backed)
Joining feeINR 0
Renewal feeNil (waived as FD lien backed)
Fee waiverAutomatic waiver - linked to FD maintenance
Interest rate2.5% per month (30.0% per annum (p.a.))
Late paymentAs per bank's schedule of charges (typically INR 100-INR 500)
Forex markup3.5% (standard RuPay rate)
Cash advance2.5% of withdrawn amount (min. INR 500)
Eligibility
Min income (salaried)No minimum income required (FD-backed, no income proof needed)
Min income (self-emp.)No income proof required
Income requirementSalaried: No minimum income required (FD-backed, no income proof needed); Self-employed: No income proof required
Credit score0-650 (No credit score required; secured against FD)
Age range18 to 60
Employment typeBoth (Salaried & Self-employed; no income proof needed)
Resident typeIndian Resident
Rewards & cashback
Accelerated rateNo
Travel & lounge
Domestic lounge0 visits (no lounge benefit)
International lounge0 visits (no lounge benefit)
Lounge conditionsNo
Travel insuranceNo
ConciergeNo
Forex waiver3.5% (Standard Rate; no waiver)
Lifestyle
Dining benefitsNo
Dining discountsNo
Fuel surchargeNo
OTT subscriptionsNo
E-commerce offersNo
Credit limit & EMI
Default limit80-90% of FD value (min FD amount typically INR 10,000)
Max limitUp to 90% of FD value (no fixed cap; depends on FD amount)
Cash withdrawalUp to 100% (Cash Credit / ATM withdrawal as per FD limit)
EMI optionsNot available; No
EMI conversionNot available
Balance transferNo
Insurance & protection
Purchase protectionNo
Lost card liabilityYes - Zero liability if fraud reported within 3 working days (as per RBI guidelines)
Digital & security
ContactlessYes (RuPay contactless NFC enabled)
Virtual cardYes (via Ujjivan SFB Mobile Banking App)
App featuresReal-time Spend Alerts, Card Lock/Unlock, View Statements & Due Dates, Secure Login Options, Block Lost/Stolen Card, Virtual Card View, Raise Service Requests
Card controlsBlock/Unblock Card, Enable/Disable Online Transactions, ATM Withdrawal Toggle, Card PIN Reset, Report Lost/Stolen Card, View/Generate Virtual Card
Fraud protectionReal-time Transaction Alerts, OTP for Online Transactions, Tokenization (RBI Mandated), CVV + Expiry + OTP Combo, Instant Card Block Option, Zero Liability Guarantee
Zero liabilityZero liability if fraud reported within 3 working days; Limited liability if reported within 4-7 working days
WhatsApp supportYes
Ideal for
Beginners / First-time users, Students / Young Adults, Cashback Hunters, Homemakers lacking income proof, credit score builders