Dhanlaxmi Bank Credit Card

Dhanlaxmi Bank is one of the oldest banks in the country. It has a pan India presence with headquarters based in Thrissur City of Kerala state. The bank was incorporated in the year 1927. It gained the status of scheduled commercial bank in the year 1977. The bank primarily works in the southern states of the country. However it has branches spread out in many North Indian states as well.

Dhanlaxmi Bank offers majorly two different types of credit cards which are the Gold and Platinum credit card and offers a wide range of offers and benefits across different categories.

The bank offers two types of credit cards:

  1. Platinum Credit Card
  2. Gold Credit Card
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Dhanlaxmi Bank Platinum Credit Card

Key Highlights: The Dhanlaxmi Bank Platinum Credit Card comes with a range of offers and benefits across different categories such as cashback, lifestyle, etc.

Joining Fee: Nil

Annual Fee: Nil

Features and Highlights:

  1. Top-of-the-line privileges across categories of dining, travel, luxury goods and lifestyle.
  2. Online concierge facility available with the credit card.
  3. Cashback of 5% on supermarkets and departmental store spends.
  4. Free insurance cover
  5. Low interest rates
  6. Global customer assistance for emergencies

Dhanlaxmi Bank Gold Credit Card

Key Highlights: The Dhanlaxmi Bank Gold Credit Card offers the cardholder many benefits along with a comprehensive spending tool to track all expenses efficiently.

Joining Fee: Nil

Annual Fee: Nil

Features and Benefits:

  1. Manage expenses with emPower.
  2. 5% cashback on all supermarkets and departmental store purchases.
  3. Free and comprehensive insurance cover.
  4. Customer assistance for all emergencies including overseas.
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Dhanlaxmi Bank Credit Card Fees and Charges

Type of Charge

Platinum Credit Card

Gold Credit Card

Joining Fee

Nil

Nil

Annual Fee

Nil

Nil

Finance Charge (Cash Advance)

3.00%

3.00%

Late Payment Fee

30% of Minimum Amount Due

30% of Minimum Amount Due

Finance Charge (Reguar)

1.50%

2.00%

Cash Advance Fee

Rs.400 per transaction

Rs.400 per transaction

Overlimit Fee

2.5% of the amount outstanding (minimum - Rs.300)

2.5% of the outstanding amount (subject to a minimum of Rs.300).

Reward Redemption Fee

Rs.75

Rs.75

Cheque Return Fee

Rs.400

Rs.400

Sales Slip Retrieval Fee

Rs.300

Rs.300

Outstation Cheque Fee

Rs.100

Rs.100

Foreign Currency Mark-up

3.5%

3.5%

Hotlisting charges

Rs.300

Rs.300

Late payment fee- PBC

30% of MAD, Min: Rs.400, Max: Rs600

30% of MAD, Min: Rs.400 Max, Rs.600

Late payment fee- PBT

10% of MAD, Min: Rs.100, Max: Rs.200

10% of MAD, Min: Rs.100, Max: Rs.200

Dhanlaxmi Bank Credit Card Eligibility and Documentation

Dhanlaxmi Bank Platinum Credit Card: Your minimum annual gross income has to be Rs.6 lakh.

Dhanlaxmi Bank Hold Credit Card

  1. Salaried: Minimum annual gross income has to be Rs.3 lakh
  2. Self Employed: Minimum annual gross income should be Rs.4 lakh
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FAQs on Dhanlaxmi Bank Credit Card

  • Who can get a Dhanlaxmi Bank credit card?

    Any person with annual gross income Rs. 3 Lacs and above would be eligible for one of the two types of credit cards offered by the bank.

  • Will there be any joining fee for credit cards?

    No, there is no joining fee.

  • Can I get an add-on card?

    Yes, you can get an add-on credit card and there is no joining fee for that.

  • Will there be an overdue penalty or late payment fee?

    Yes, there shall be penalty fee for late payments.

  • How can I make my credit card payment?

    The payment can be made through internet banking or can be made through one of branches.

  • What will be my credit limit?

    The credit limit is based on Dhanlaxmi Bank Ltd's internal credit criteria. This would be communicated to the customer during the time of card delivery.

  • Is there annual fee associated with credit cards?

    No, there is no annual fee associated with Dhanlaxmi Bank Credit Card.

  • Will there is separate fee for foreign currency transaction?

    Yes, there shall be a charge of 3.5% for foreign currency transactions.

  • What are the Finance Charges - Cash Advances (PBC & PBT) for the credit cards?

    For the Platinum credit card, the finance charge is 36% and for the Gold credit card, the finance charge is 36%.

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