LIC CARDS SERVICES LIMITED

Schedule Of Charge

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.)NilNilNil
Annual Fee 2nd year onwards (Rs.)NilNilNil
Add-on Card (Upto 3 cards) Joining feeNilNilNil
Add-on Card (Upto 3 cards) Annual feeNilNilNil
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 amount2.5% (Min. Rs. 500) of the cash amount2.5% (Min. Rs. 500) of the cash amount
Fee for Cash Payment at branchesRs. 100Rs. 100Rs. 100
Card Replacement FeeRs. 100Rs. 100Rs. 100
Duplicate Statement FeeWaivedWaivedWaived
Late Payment FeeNil 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.50,000Nil 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.50,000Nil 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 FeeWaivedWaivedWaived
Outstation Cheque FeeWaivedWaivedWaived
Cheque return or dishonor Fee or Auto debit Reversal (Bank A/c out of Funds)2% of the payment amount subject to Min. Rs.4502% of the payment amount subject to Min. Rs.4502% of the payment amount subject to Min. Rs.450
Surcharge on purchase or cancellation of Railway TicketsAs prescribed by IRCTC/Indian RailwaysAs prescribed by IRCTC/Indian RailwaysAs prescribed by IRCTC/Indian Railways
Fuel Transaction Surcharge1% 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 cards3.50% of the transaction value for all cards3.50% of the transaction value for all cards
Mobile Alerts for TransactionsWaivedWaivedWaived
Hot listing ChargesWaivedWaivedWaived
Balance Enquiry ChargesWaivedWaivedWaived

Top