Karur Vysya SBI Platinum Card
Apply for the best credit card of Karur Vysya Bank
Welcome Benefits
- Rs. 3000/- Welcome e-Gift Voucher
Karur Vysya SBI Platinum Card: Fees & Charges
| Type of fee or charge | Amount (Rs.) |
|---|---|
| Joining Fee: | ₹ 2999+ GST |
| Annual/Renewal Fee: | ₹ 2999+ GST |
| Finance Charges: | 3.25% per month (39% per annum) |
| Spend Based Waiver: | waived off on spends of Rs. 1.0 lakh or more |
| Over Limit Penalty: | 2.5% of overlimit amount, subject to a minimum of 500/- |
| Rent Payment charges | NULL |
| Forex Charges: | 3.49% of the transaction value |
| Minimum Repayment Amount: | 5% of Total outstanding (Min. Rs. 100) + All charges/fees/taxes + EMI |
| Cheque Return Fees: | 2% of Total Amount Due or Minimum of 500 whichever is higher |
| Total Amount Due/Statement Balance | Late Payment Charges |
|---|---|
| Less than or equal to 200 | NIL |
| Above 200/- and up to 500/- | 100 |
| Above 500/- and up to 2,500/- | 300 |
| Above 2,500/- and up to 10,000/- | 500 |
| Above 10,000/- and up to 25,000/- | 800 |
| Above 25,001/- | 1000 |
Eligibility criteria
Age: Applicants should be at least 21 years old.
Income: A stable annual income is essential, typically a net monthly income of 25,000/- or more and Self-employed individuals may need to show higher income proof
Credit Score: A good CIBIL score, ideally between 700 and 900, can significantly boost approval chances
The applicant must be an Indian citizen and valid address proof
Document Requirements
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
Other Information
Frequently Asked Questions
What is the annual fee of Karur Vysya SBI Platinum Card?
The Annual fees of Karur Vysya SBI Platinum Card is 2999+ GST. And there is Joining fees is 2999+ GST.
What is the interest rate on the Karur Vysya SBI Platinum Card?
The Karur Vysya SBI Platinum Card has an interest rate of 3.25% per month (39% per annum)
Are there foreign transaction fees on the Karur Vysya SBI Platinum Card?
Yes, The Karur Vysya SBI Platinum Card charges a 3.0% fee for all transactions in foreign currency .
What is the credit limit of Karur Vysya SBI Platinum Card?
The credit limit for the Karur Vysya SBI Platinum Card is based on multiple factors, such as your income, repaying capacity, and credit history. Karur Vysya Bank does not specify a fixed credit limit for this card. It will communicate to you time of issuance of card. Karur Vysya Bank offer Pre-approved Credit Limit to existing card holder. So if you are eligible by few step you can increase your credit limit.
Card other Details
Karur Vysya SBI Platinum Card Credit Limit: Up to ₹10 Lakh