Indusind Bank Nexxt Credit Card

Apply for the best credit card of Indusind Bank

Last updated:28-Dec-24 Writen by Narendra User Profile
Indusind Bank Nexxt Credit Card
  • Best suitable for: Movie
  • Joining Fee: ₹ 3499+ GST + GST
  • Annual Fee: ₹ NIL + GST
  • Welcome Benefits: -
Indusind Bank Nexxt Credit Card

Indusind Bank Nexxt Credit Card: Fees & Charges

Type of fee or charge Amount (Rs.)
Joining Fee:₹ 3499+ GST
Annual/Renewal Fee:₹ NIL
Finance Charges:3.83% p.m. (46% p.a.)
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
Forex Charges:3.5% of the transaction value
Minimum Repayment Amount:5% of Total outstanding (Min. Rs. 500) + All charges/fees/taxes + EMI
Cheque Return Fees:250/- per returned cheque
Late Payment Charges:
Total Amount Due/Statement BalanceLate Payment Charges
Less than or equal to 100NIL
Above 100/- and up to 500/-100
Above 500/- and up to 1,000/-350
Above 1,000/- and up to 10,000/-550
Above 10,001/-700

Indusind Bank Nexxt Credit Card: Eligibility & Documentation

Eligibility:-
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/Professionals: A minimum annual income of 4 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

Indusind Bank Nexxt Credit Card: Cash Advance and Charges

Cash Advance or Withdrwan Fee: 2.5% (Min. INR 500) of the cash amount
Cash Advance Withdrwan Limit: Around 20-40% of the credit limit
Cash Payment at Bank Branch: Rs. 100/- for every Cash payment

Indusind Bank Nexxt Credit Card: Customer care and helpline

Customer care : 022 68577777
Email Address : [email protected]
Mailing Address: IndusInd Bank Ltd. (Credit Cards Division) PO Box 9421, Chakala, MIDC, Andheri (E), Mumbai – 400 093, India

Add-on Card facility: NIL

Card replacement fee: Rs 100 + GST

Rewards Redemption Fee: -

Domestic lounge:

International Lounge:

Fuel Surcharge:1% fuel surcharge refunded for transactions between 500 to 3,000 and Maximum of 250 per month.

FAQ of Indusind Bank Nexxt Credit Card

Q1. What is the annual fee of Indusind Bank Nexxt Credit Card?
The Annual fees of Indusind Bank Nexxt Credit Card is NIL. And there is Joining fees is 3499+ GST.

Q2. What is the interest rate on the Indusind Bank Nexxt Credit Card?
The Indusind Bank Nexxt Credit Card has an interest rate of 3.83% p.m. (46% annually)

Q3. Are there foreign transaction fees on the Indusind Bank Nexxt Credit Card?
Yes, The Indusind Bank Nexxt Credit Card charges a 3.5% fee for all transactions in foreign currency .

Q4. What is the credit limit of Indusind Bank Nexxt Credit Card?
The credit limit for the Indusind Bank Nexxt Credit Card is based on multiple factors, such as your income, repaying capacity, and credit history. Indusind Bank does not specify a fixed credit limit for this card. It will communicate to you time of issuance of card. Indusind 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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