It gives us immense pleasure to announce that LIC Cards Services Limited (LIC CSL), a wholly owned subsidiary of LIC of India launched its LIC Credit Card on 29th March, 2011 to be powered by Axis Bank
Particular | Platinum Card | Signature Card | Titanium Card |
---|---|---|---|
Joining Fee (Rs.) | Nil | Nil | Nil |
Annual Fee 2nd year onwards (Rs.) | Nil | Nil | Nil |
Add-on Card (Upto 3 cards) Joining fee | Nil | Nil | Nil |
Add-on Card (Upto 3 cards) Annual fee | Nil | Nil | Nil |
Finance charges(Retail & Cash) | 3.6% per month(52.86% per annum) | 3.6% per month(52.86% per annum) | 3.6% per month(52.86% per annum) |
Cash Withdrawal Fees** | 2.5% (Min. Rs. 500) of the cash amount | 2.5% (Min. Rs. 500) of the cash amount | 2.5% (Min. Rs. 500) of the cash amount |
Fee for Cash Payment at branches | Rs. 100 | Rs. 100 | Rs. 100 |
Card Replacement Fee | Rs. 100 | Rs. 100 | Rs. 100 |
Duplicate Statement Fee | Waived | Waived | Waived |
Late Payment Fee | Nil if total payment Due is up to Rs. 300; Rs. 100 if total payment due is between Rs. 301 and Rs. 500; Rs.500 if total payment due is between Rs. 501 and Rs.1000; Rs. 750 if total payment due is between Rs.1001 and Rs.10,000; Rs. 950 if total payment due is between Rs.10,001 and Rs.25,000; Rs. 1000 if total payment due is between Rs.25,001 and Rs.50,000; Rs. 1200 if total payment due is greater than Rs.50,000 | Nil if total payment Due is up to Rs. 300; Rs. 100 if total payment due is between Rs. 301 and Rs. 500; Rs.500 if total payment due is between Rs. 501 and Rs.1000; Rs. 750 if total payment due is between Rs.1001 and Rs.10,000; Rs. 950 if total payment due is between Rs.10,001 and Rs.25,000; Rs. 1000 if total payment due is between Rs.25,001 and Rs.50,000; Rs. 1200 if total payment due is greater than Rs.50,000 | Nil if total payment Due is up to Rs. 300; Rs. 100 if total payment due is between Rs. 301 and Rs. 500; Rs.500 if total payment due is between Rs. 501 and Rs.1000; Rs. 750 if total payment due is between Rs.1001 and Rs.10,000; Rs. 950 if total payment due is between Rs.10,001 and Rs.25,000; Rs. 1000 if total payment due is between Rs.25,001 and Rs.50,000; Rs. 1200 if total payment due is greater than Rs.50,000 |
Over-limit Penalty*** | 3% of the over - limit amount (Min. Rs. 500) | 3% of the over - limit amount (Min. Rs. 500) | 3% of the over - limit amount (Min. Rs. 500) |
Charge slip Retrieval Fee or Copy Request Fee | Waived | Waived | Waived |
Outstation Cheque Fee | Waived | Waived | Waived |
Cheque return or dishonor Fee or Auto debit Reversal (Bank A/c out of Funds) | 2% of the payment amount subject to Min. Rs.450 | 2% of the payment amount subject to Min. Rs.450 | 2% of the payment amount subject to Min. Rs.450 |
Surcharge on purchase or cancellation of Railway Tickets | As prescribed by IRCTC/Indian Railways | As prescribed by IRCTC/Indian Railways | As prescribed by IRCTC/Indian Railways |
Fuel Transaction Surcharge | 1% of transaction amount (Refunded for fuel transactionsBetween Rs. 400 to Rs. 4,000. Maximum benefits up to Rs. 400 per month) Please note that taxes levied on fuel surcharge (if any) will not be waived and will need to be borne by the cardholder | 1% of transaction amount (Refunded for fuel transactionsBetween Rs. 400 to Rs. 4,000. Maximum benefits up to Rs. 400 per month) Please note that taxes levied on fuel surcharge (if any) will not be waived and will need to be borne by the cardholder | 1% of transaction amount (Refunded for fuel transactionsBetween Rs. 400 to Rs. 4,000. Maximum benefits up to Rs. 400 per month) Please note that taxes levied on fuel surcharge (if any) will not be waived and will need to be borne by the cardholder |
Foreign Currency Transaction Fee**** | 3.50% of the transaction value for all cards | 3.50% of the transaction value for all cards | 3.50% of the transaction value for all cards |
Mobile Alerts for Transactions | Waived | Waived | Waived |
Hot listing Charges | Waived | Waived | Waived |
Balance Enquiry Charges | Waived | Waived | Waived |