PUNJAB AND MAHARASHTRA CO-OP BANK LTD
RUPAY CREDIT CARD
SCHEDULE OF CHARGES/FEES w.e.f. 13th July 2019 |
UNSECURED CREDIT CARD |
| |
PLATINUM |
SELECT |
| Joining Fee |
NIL |
NIL |
| Annual Fee |
1st Year: FREE
2nd Year: FREE
4th Year Onwards : Rs. 500/-
(waived on annual spend
= > Rs. 1,00,000
during previous year) |
1st Year: FREE
2nd Year: FREE
4th Year Onwards : Rs. 750/-
(waived on annual spend
= > Rs. 2,00,000
during previous year) |
| Add-on Card Joining Fee |
Nil |
Nil |
| Add-on Card Annual Fee |
Nil |
Nil |
| |
EXTENDED CREDIT |
| Credit Limit |
As per eligibility |
| Interest Free Period |
up to 50 days, if previous month's outstanding balance is paid in full |
| Billing Cycle |
12th of every month |
| Finance Charges (Retail Purchases) |
1% p.m. (APR 12% p.a.) from the transaction date |
1.5% p.m. (APR 18% p.a.) from the transaction date |
| Minimum Repayment Amount |
5% of Total Outstanding (Min Rs. 200) + all applicable taxes
+ EMI (in case of EMI based products) + Overlimit amount (if any) |
| |
CASH ADVANCE |
| Cash Limit |
40% of Credit Limit |
| Free Credit Period |
NIL |
| Finance Charges |
1.00% per month(APR 12% p.a.) from the date of withdrawal |
| Cash Advance Fees |
1% of transaction amount (subject to a minimum fees of Rs. 100) |
| |
OTHER CHARGES AND FEES |
| Late Payment Fees |
2% of Outstanding Dues
(subject to Minimum Rs. 100, Maximum Rs. 500) |
| Cheque Return Charges |
Rs. 500.00 |
| Auto Debit Return Fee |
2% of Auto Debit Amount
(subject to Minimum Rs. 250) |
| Card De-hotlisting Fee |
Rs. 250.00 |
| Card Blacklisting Fee |
Rs. 250.00 |
| Card De-blacklisting Fee |
Rs. 250.00 |
| Card Re-issuance Fee |
Rs. 250.00 |
| Card Up-gradation Fee |
Rs. 250.00 |
| Card Replacement Fees |
Rs. 200.00 |
| Statement Retrieval Fees (> 3 months) |
Rs. 100 per statement |
| Purchase Slip Retrieval Request Fee |
Rs. 125/- |
| Foreign Currency Transaction Fee |
3.50% of the transaction value |
Goods and Service Tax will be applicable on all fees, charges and interest
Charges Structure is subject to change from time to time at sole discretion of PMC Bank. |
SECURED CREDIT CARD (AGNST FD) |
| |
PLATINUM |
SELECT |
| Joining Fee |
NIL |
NIL |
| Annual Fee |
1st Year: FREE
2nd Year: FREE
4th Year Onwards : Rs. 500/-
(waived on annual spend
= > Rs. 1,00,000
during previous year) |
1st Year: FREE
2nd Year: FREE
4th Year Onwards : Rs. 750/-
(waived on annual spend
= > Rs. 2,00,000
during previous year) |
| Add-on Card Joining Fee |
Nil |
Nil |
| Add-on Card Annual Fee |
Nil |
Nil |
| |
EXTENDED CREDIT |
| Credit Limit |
85% of Fixed Deposit Principle Value |
| Interest Free Period |
up to 45 days, if previous month's outstanding balance is paid in full |
| Billing Cycle |
17th of every month |
| Finance Charges (Retail Purchases) |
1.00% per month(APR 12% p.a.) from the transaction date |
| Minimum Repayment Amount |
5% of Total Outstanding (Min Rs. 200) + all applicable taxes
+ EMI (in case of EMI based products) + Overlimit amount (if any) |
| |
CASH ADVANCE |
| Cash Limit |
100% of Credit Limit |
| Free Credit Period |
NIL |
| Finance Charges |
1.00% per month(APR 12% p.a.) from the date of withdrawal |
| Cash Advance Fees |
1% of transaction amount (subject to a minimum fees of Rs. 100) |
| |
OTHER CHARGES AND FEES |
| Late Payment Fees |
2% of Outstanding Dues
(subject to Minimum Rs. 100, Maximum Rs. 500) |
| Cheque Return Charges |
Rs. 500.00 |
| Auto Debit Return Fee |
2% of Auto Debit Amount
(subject to Minimum Rs. 250) |
| Card De-hotlisting Fee |
Rs. 250.00 |
| Card Blacklisting Fee |
Rs. 250.00 |
| Card De-blacklisting Fee |
Rs. 250.00 |
| Card Re-issuance Fee |
Rs. 250.00 |
| Card Up-gradation Fee |
Rs. 250.00 |
| Card Replacement Fees |
Rs. 200.00 |
| Statement Retrieval Fees (> 3 months) |
Rs. 100 per statement |
| Purchase Slip Retrieval Request Fee |
Rs. 125/- |
| Foreign Currency Transaction Fee |
3.50% of the transaction value |
Goods and Service Tax will be applicable on all fees, charges and interest
Charges Structure is subject to change from time to time at sole discretion of PMC Bank. |