TMB Phoenix (RuPay) Credit Card
Apply for the best credit card of Tamilnad Mercantile Bank
Welcome Benefits
- NIL
TMB Phoenix (RuPay) Credit Card: Fees & Charges
| Type of fee or charge | Amount (Rs.) |
|---|---|
| Joining Fee: | ₹ NIL |
| Annual/Renewal Fee: | ₹ Rs.500/- for primary card and Rs.250/- for add on cards |
| Finance Charges: | 24% per annum from the date of transaction. |
| Spend Based Waiver: | Waived off if customer spends Rs.1,00,000/- in a calendar year |
| Over Limit Penalty: | 2% of the amount exceeding limit. |
| 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 |
Eligibility criteria
Any Individual or Proprietor having Current Account with our bank with minimum vintage of one year and at least 2 income tax returns filing of Rs.3 lakhs & above p.a
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 TMB Phoenix (RuPay) Credit Card?
The Annual fees of TMB Phoenix (RuPay) Credit Card is Rs.500/- for primary card and Rs.250/- for add on cards. And there is Joining fees is free.
What is the interest rate on the TMB Phoenix (RuPay) Credit Card?
The TMB Phoenix (RuPay) Credit Card has an interest rate of 24% per annum from the date of transaction.
Are there foreign transaction fees on the TMB Phoenix (RuPay) Credit Card?
Yes, The TMB Phoenix (RuPay) Credit Card charges a 3.5% fee for all transactions in foreign currency .
What is the credit limit of TMB Phoenix (RuPay) Credit Card?
The credit limit for the TMB Phoenix (RuPay) Credit Card is based on multiple factors, such as your income, repaying capacity, and credit history. Tamilnad Mercantile Bank does not specify a fixed credit limit for this card. It will communicate to you time of issuance of card. Tamilnad Mercantile 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
TMB Phoenix (RuPay) Credit Card Credit Limit: Up to ₹10 Lakh