KVB Corporate Credit Card
Apply for the best credit card of Karur Vysya Bank
Welcome Benefits
- 500 Bonus Reward points on card activation
KVB Corporate Credit Card: Fees & Charges
| Type of fee or charge | Amount (Rs.) |
|---|---|
| Joining Fee: | ₹ NIL |
| Annual/Renewal Fee: | ₹ 1000+ 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.
Be proprietors, partners, directors, or employees of a corporate or business entity. Have a stable source of income..
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
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 KVB Corporate Credit Card?
The Annual fees of KVB Corporate Credit Card is 1000+ GST. And there is Joining fees is NIL.
What is the interest rate on the KVB Corporate Credit Card?
The KVB Corporate Credit Card has an interest rate of 3.25% per month (39% per annum)
Are there foreign transaction fees on the KVB Corporate Credit Card?
Yes, The KVB Corporate Credit Card charges a 3.0% fee for all transactions in foreign currency .
What is the credit limit of KVB Corporate Credit Card?
The credit limit for the KVB Corporate Credit 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
KVB Corporate Credit Card Credit Limit: Up to ₹10 Lakh