Idbi Bank Royale Signature Credit Card
Apply for the best credit card of Idbi Bank
Welcome Benefits
- NA
Idbi Bank Royale Signature Credit Card: Fees & Charges
| Type of fee or charge | Amount (Rs.) |
|---|---|
| Joining Fee: | ₹ Lifetime Free |
| Annual/Renewal Fee: | ₹ Lifetime Free |
| Finance Charges: | 2.90% per month (34.8% annually) |
| Spend Based Waiver: | Lifetime free |
| 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 500 | NIL |
| Above 500/- and up to 5000 | 400 |
| Above 5,000/- and up to 10,000 | 500 |
| Above 10,000/- and up to 20,000 | 750 |
| Above 20,000/- | 950 |
Eligibility criteria
Age: Applicants should be at least 21 years old.
Income: A stable annual income is essential, typically a net monthly income of 20,000/- 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
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 Idbi Bank Royale Signature Credit Card?
The Idbi Bank Royale Signature Credit Card offers lifetime-free annual fees. The joining fee is also free for life!
What is the interest rate on the Idbi Bank Royale Signature Credit Card?
The Idbi Bank Royale Signature Credit Card has an interest rate of 2.90% per month (34.8% annually)
Are there foreign transaction fees on the Idbi Bank Royale Signature Credit Card?
Yes, The Idbi Bank Royale Signature Credit Card charges a 3.5% fee for all transactions in foreign currency .
What is the credit limit of Idbi Bank Royale Signature Credit Card?
The credit limit for the Idbi Bank Royale Signature Credit Card is based on multiple factors, such as your income, repaying capacity, and credit history. Idbi Bank does not specify a fixed credit limit for this card. It will communicate to you time of issuance of card. Idbi 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
Idbi Bank Royale Signature Credit Card Credit Limit: Up to ₹10 Lakh