TMB Phoenix (RuPay) Credit Card

Apply for the best credit card of Tamilnad Mercantile Bank

Last updated:28-Dec-24 Writen by Narendra User Profile
TMB Phoenix (RuPay) Credit Card
  • Best suitable for: Rupay
  • Joining Fee: ₹ NIL + GST
  • Annual Fee: ₹ Rs.500/- for primary card and Rs.250/- for add on cards + GST
  • Welcome Benefits: NIL
Tmb Phoenix (Rupay) Credit Card

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 chargesNULL
Forex Charges:3.5% of the transaction value
Minimum Repayment Amount:10% of Total outstanding (Min. Rs. 500) + All charges/fees/taxes + EMI
Cheque Return Fees:150/- per returned cheque
Late Payment Charges:Rs.250/- + GST ( If the cardholder fails to paythe Minimum Amount Due before PaymentDue date.)

TMB Phoenix (RuPay) Credit Card: Eligibility & Documentation

Eligibility:-
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

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

TMB Phoenix (RuPay) Credit Card: Cash Advance and Charges

Cash Advance or Withdrwan Fee: 3% (Min. INR 30 for every 1000/-) of the cash amount
Cash Advance Withdrwan Limit: 25% of the card limit
Cash Payment at Bank Branch: NIL

TMB Phoenix (RuPay) Credit Card: Customer care and helpline

Customer care : 9842461461
Email Address : [email protected]
Mailing Address: Tamilnad Mercantile Bank,1015-1017, First Floor, Umang Plaza, Arya Samaj Road, Karol Bagh, Delhi 110005

Add-on Card facility: NIL

Card replacement fee: Rs 250 + GST

Rewards Redemption Fee: NA

Domestic lounge:

International Lounge:

Fuel Surcharge:Not Applicaple on this card

FAQ of TMB Phoenix (RuPay) Credit Card

Q1. 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.

Q2. 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.

Q3. 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 .

Q4. 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.

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