| Fee & other Parameters |
Veer Select |
|---|
| Joining Fees |
NA |
| Annual Fees |
Rs. 599 |
| Condition for waiver of Annual Fees - First Year |
NA |
| Condition for waiver of Annual Fees |
Annual retail Spends of Rs. 1,00,000 in the previous anniversary year |
| Add-on card Fees |
Nil |
| Interest Charges on outstanding Balances |
3.5% (Annualized 42%) |
| Minimum Amount Due (MAD) (It will reflect in statement in column of minimum amount due) |
5% |
| ATM Cash Withdrawal/ Call a draft/ Fund Transfer/ Cash Advance per Rs. 10,000 or part thereof |
Rs. 300 |
| Late Payment Charges ("LPC") |
| Rs. 100 for statement o/s less than or equal to Rs. 500. |
| Rs. 500 for statement o/s between Rs. 500.01 to Rs. 10,000 |
| Rs. 700 for statement o/s greater than Rs. 10,000 |
| Over Limit Charge |
Rs. 500 |
| Cheque Bounce Charges |
Rs. 500 |
| Foreign Currency Mark Up |
3.5% |
| Railway Booking Surcharge (1.8%/2.5% on transaction amount)* |
Waived |
| Fuel Surcharge (1% on transaction)** |
Waived |
| Fee for Cash payment at Bank |
Rs. 100 |
| Outstation Cheque Processing Fee |
Waived |
| Reissue/ Replacement Card (per issuance) |
Rs. 100 |
| Charge Slip Request |
Waived |
| Machine Surcharge at ATMs |
Waived |
| Balance Enquiry Charges at Non Parent Bank ATM |
Waived |
| Duplicate Statement Request |
Waived |
| Web Pay Service Fee |
Waived |
| *Save railway surcharge waiver of 1.8% for transaction on www.irctc.co.in and 2.5% for transactions on Indian Railways Booking Counters.Maximum railway surcharge waiver allowed in a calendar year is Rs. 500/- |
| **Save fuel surcharge waiver of 1% across Fuel Stations on Kotak Veer Credit Card.Maximum fuel surcharge waiver allowed in a calendar year is Rs. 3,500/- |
