Karur Vysya Bank Corporate Credit Card

Outstanding amount

Late payment fee

Joining fee

NIL

Annual fee (from the second year onwards)

Rs.1,000

Finance charge

1. 2.95% every month
2. 35.40% (Annualised)

Minimum Amount Due (MAD)

5% of the outstanding amount, subject to a minimum of Rs.100 every month.

Fee for credit card replacement/reissue

Rs.500

Fee for an add-on card

NIL

Cash withdrawal fee

2% of the amount you withdraw or Rs.100, whichever is higher

Late Payment charges

1. Rs.200 to Rs.500 - Rs.100
2. Rs.501 to Rs.2,500 - Rs.300
3. Rs.2,501 to Rs.10,000 - Rs.500
4. Rs.10,001 to Rs.25,000 - Rs.800
5. More than Rs.25,001 - Rs.1,000

Rs.200 to Rs.500

Rs.100

Rs.501 to Rs.2,500

Rs.300

Rs.2,501 to Rs.10,000

Rs.500

Rs.10,001 to Rs.25,000

Rs.800

Rs.25,001 and more

Rs.1,000

Overlimit fee

Rs.500

Payment return via cheque/Electronic Clearing System (ECS)/National Automated Clearing House (NACH)

Rs.500

Cash processing fee

Rs.100 is applicable to cash deposits that are made via KVB branches

Foreign mark-up

3.5%

Fee for reward points redemption

NA