HDFC Commercial Credit Card - Corporate card Fees & Charges

HDFC Commercial Credit Card - Corporate card Fees & Charges

The schedule of charges for HDFC Bank Corporate Credit Card is as follows:

Interest Free Period : Upto 50 days

Minimum Repayment Amount: 5%, Minimum Rs 200

Cash Advance Limit : 40% of credit limit

Joining Fee : Nil

Annual Fee : Nil

Additional Card fee : Nil

Charges On revolving Credit : 3.25% P.M., 39.0% Annually - from Transaction date #

Cash Advance Charges :2.5% on amount withdrawn or Rs 300 whichever is higher

Late Payment Charges : Nil for Credit card bills upto Rs.100, Rs.100 for credit card bills between Rs.100 and Rs.500, Rs.350 for credit card bills between Rs.501 and Rs.10000, Rs.500 for credit card bills between Rs.10001 and Rs.20000 and Rs.600 for credit card bills above Rs.20001.

Charges on overlimit account : 2.5% of overlimit amount subject to a minimum of Rs 500

Payment return Charges :2% of payment amount subject to min of Rs 300

Cash processing fee : With effect from 1 May 2007, cash processing fee of Rs 50 per payment is payable on cash deposits at HDFC Bank branches/ATMs.Card accounts levied with Late Payment Charges in the latest generated statement will be exempted from the cash processing fee.

Balance Transfer / Balance Transfer on EMI Processing Charges : 2.0% of BT / BT on EMI amount or Rs. 200,whichever is higher

Petrol Transaction Charge : 0% surcharge

Railway Ticket Purchase Fee : Rs. 30 + 2.5% of transaction amount

Reissue of Lost, Stolen or Damaged Card : Rs. 100

Outstation Cheque Processing Charge :Rs. 100

Retrieval Fees ( Chargeslip) : Rs. 125 per Chargeslip

Foreign Currency Transactions: Bank Charges Cross currency mark-up of 3.5%

Service Tax : Applicable on all Fees, Interest and other charges


# wef 1st Sep'08

Service Tax Applicable on all fees, interest and other charges
As per the Finance (No 2) Act 2006, all fees & charges mentioned in the Tarriffs, Charges or Fees Brochures will attract Service Tax @ 12% & Education Cess @ 3% of the service tax amount effective 11th May 2007.

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