HDFC AP: Accounts Payable Program Credit Card

Apply for the best credit card of Hdfc Bank

Last updated:28-Dec-24 Writen by Narendra User Profile
HDFC AP: Accounts Payable Program Credit Card
  • Best suitable for: Business
  • Joining Fee: ₹ NIL + GST
  • Annual Fee: ₹ NIL + GST
  • Welcome Benefits: NA
Hdfc Ap: Accounts Payable Program Credit Card

HDFC AP: Accounts Payable Program Credit Card: Fees & Charges

Type of fee or charge Amount (Rs.)
Joining Fee:₹ NIL
Annual/Renewal Fee:₹ NIL
Finance Charges:3.75% per month (45.0% annually)
Spend Based Waiver:Not Applicable for this card
Over Limit Penalty:2.5% of overlimit amount, subject to a minimum of 500/-
Rent Payment charges1% Processing fee transaction amount, and Fee capped at Rs 3000 per transaction.
Forex Charges:3.5% of the transaction value
Minimum Repayment Amount:5% of Total outstanding (Min. Rs. 200) + All charges/fees/taxes + EMI
Cheque Return Fees:2% of Payment amount subject to minimum of 450
Late Payment Charges:
Total Amount Due/Statement BalanceLate Payment Charges
Less than or equal to 100/-NIL
Above 100/- and up to 500/-100
Above 500/- and up to 1000/-500
Above 1000/- and up to 5000/-600
Above 5000/- and up to 10,000/-750
Above 10,000/- and up to 25,000/-900
Above 25,000/- and up to 50,000/-1100
Above 50,000/-1300

HDFC AP: Accounts Payable Program Credit Card: Eligibility & Documentation

Eligibility:-
Age: Applicants should be at least 21 years old.
Income: self-employed individuals may need an annual Income Tax Return (ITR) above 21 lakhs.
Credit Score: A good CIBIL score, ideally between 750 and 900, can significantly boost approval chances
The applicant must be an Indian citizen and valid address proof

Documentation:- 1. Aadhaar card, Passport, PAN card as your Identity proof
2. Any Utility bill, Passport, or Voter ID as your address proof
3. Salary slips, bank statements, or IT returns as your income proof

HDFC AP: Accounts Payable Program Credit Card: Cash Advance and Charges

Cash Advance or Withdrwan Fee: 2.5% (Min. INR 500) of the cash amount
Cash Advance Withdrwan Limit: Upto 40% of the card limit
Cash Payment at Bank Branch: Rs. 100/- for every Cash payment

HDFC AP: Accounts Payable Program Credit Card: Customer care and helpline

Customer care : 18001600 and 18002600
Email Address : [email protected]
Mailing Address: HDFC Bank House, SenapatiBapat Marg, Lower Parel (West), Mumbai - 400 013

Add-on Card facility: NIL

Card replacement fee: Rs 100 + GST

Rewards Redemption Fee: -

Domestic lounge:

International Lounge:

Fuel Surcharge:Not Applicaple on this card

FAQ of HDFC AP: Accounts Payable Program Credit Card

Q1. What is the annual fee of HDFC AP: Accounts Payable Program Credit Card?
The HDFC AP: Accounts Payable Program Credit Card offers lifetime-free annual fees. The joining fee is also free for life!

Q2. What is the interest rate on the HDFC AP: Accounts Payable Program Credit Card?
The HDFC AP: Accounts Payable Program Credit Card has an interest rate of 3.75% per month (45.0% annually)

Q3. Are there foreign transaction fees on the HDFC AP: Accounts Payable Program Credit Card?
Yes, The HDFC AP: Accounts Payable Program Credit Card charges a 3.5% fee for all transactions in foreign currency .

Q4. What is the credit limit of HDFC AP: Accounts Payable Program Credit Card?
The credit limit for the HDFC AP: Accounts Payable Program Credit Card is based on multiple factors, such as your income, repaying capacity, and credit history. Hdfc Bank does not specify a fixed credit limit for this card. It will communicate to you time of issuance of card. Hdfc Bank offer Pre-approved Credit Limit to existing card holder. So if you are eligible by few step you can increase your credit limit.

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