HDFC is one of the top banks across the globe that offers great financial services and products to its customers. They are designed to meet your changing needs and requirements. The credit cards that they offer are some of the best cards available in the market today. The HDFC Purchase credit card is a unique credit card that comes with a myriad of perks and advantages.
The Purchase Card offered by HDFC Bank comes with several benefits that can prove to be useful for you. These are as follows:
The HDFC Bank Purchase Card comes with various features. These are as follows:
The eligibility criteria are as follows:
|Types||Fees and Charges|
|Credit period (Interest free)||Up to a maximum of 50 days|
|Minimum repayment amount||100% of the statement balance|
|Fee for joining||Nil|
|Non-payment penal charges||2.95% every month from the date of transaction|
|Charges for late payment||If outstanding bill is up to Rs 100, you pay zero; if outstanding bill is between Rs 100 and Rs 500, you pay Rs 100; if outstanding bill is between Rs 501 and Rs 5,000, you pay Rs 400; if outstanding bill is between Rs 5,001 and Rs 10,000, you pay Rs 500; if outstanding bill is more than Rs 10,001, you pay Rs 700|
|Processing charges for outstation cheque||Res 50 for each instrument|
|Over limit charges||2.5% of the amount that is over limit. It is subject to a minimum of Rs 500|
|Fee for cash processing||1% of the total amount that is paid in cash at any branch of HDFC Bank or ATM against the Purchase Card|
|Charges for payment return||2% of the total amount to be paid. It is subject to a minimum amount of Rs 350|
|Reissuance of stole, lost or damaged card||Rs 100|
|Fee for retrieval||Rs 125 for each charge slip|
|Transactions in foreign currency||Cross currency mark of up to 3.5%|
|Service tax||Applicable in all interest, charges and fees|
You can write an email to HDFC bank about changing your address. You may also log on to the website of the bank and change your address online. You may also download the application form for changing your address. After filling it in, you must send it to HDFC’s Chennai office in Thiruvanmiyur.
You can check the status of your Purchase Card application on the official website of the bank. You will need the application reference number, date of birth and mobile number to know the status of your card.
In order to do this, you will have to download and fill up MID from the form center of HDFC Bank. Sign it and send it to the correspondence address of the bank.
After the CDF (Cardholder Dispute Form) form submission, the bank informs the merchant involved in the disputed transaction. The documents required to substantiate the transaction is produced by the merchant. After inspection, if you are still not satisfied as a customer, you may choose to fill up and submit the form.
The CDF (Cardholder Dispute Form) must be filled by you as per the guidelines set by MasterCard and Visa. It authorizes the bank to investigate the transaction with merchant.