Schedule of Charges
HomeSchedule of Charges
Schedule of Charges
It gives us immense pleasure to announce that LIC Cards Services Limited (LIC CSL), a wholly owned subsidiary of LIC of India launched its LIC Credit Card on 29th March, 2011 to be powered by Axis Bank.
Particular

Signature Card

Platinum Card

Titanium Card

Gold Card

         

Standard Annual Fee

Nil

Nil

Nil

Nil

Standard Add-on Card Joining Fee

Nil

Nil

Nil

Nil

Standard Add-on Card Annual Fee

Nil

Nil

Nil

Nil

Finance Charges (Retail Purchases & Cash)

3.25% per month (46.78% per annum)

3.25% per month (46.78% per annum)

3.25% per month (46.78% per annum)

3.25% per month (46.78% per annum)

Cash Withdrawal Fees

2.5% (Min. Rs 250) of the Cash Amount

2.5% (Min. Rs 250) of the Cash Amount

2.5% (Min. Rs 250) of the Cash Amount

2.5% (Min. Rs 250) of the Cash Amount

Card Replacement (lost or stolen or re-issue)

Waived

Waived

Waived

Waived

Emergency Card Replacement Fee when overseas (through VISA)

As per VISA Global Customer Assistance Services (GCAS).

As per VISA Global Customer Assistance Services (GCAS).

As per VISA Global Customer Assistance Services (GCAS).

As per VISA Global Customer Assistance Services (GCAS).

Duplicate Statement Fee

Waived

Waived

Waived

Waived

Overdue Penalty or Late Payment Fee

Late Payment Fee is linked to total amount due on card account i.e. Rs. 300 if Total Payment Due is up to Rs. 2000, Rs. 400 if Total Payment Due is between Rs. 2001 - Rs. 5000 & Rs. 600 if Total Payment Due is Rs. 5001 or more

Late Payment Fee is linked to total amount due on card account i.e. Rs. 300 if Total Payment Due is up to Rs. 2000, Rs. 400 if Total Payment Due is between Rs. 2001 - Rs. 5000 & Rs. 600 if Total Payment Due is Rs. 5001 or more

Late Payment Fee is linked to total amount due on card account i.e. Rs. 300 if Total Payment Due is up to Rs. 2000, Rs. 400 if Total Payment Due is between Rs. 2001 - Rs. 5000 & Rs. 600 if Total Payment Due is Rs. 5001 or more

Late Payment Fee is linked to total amount due on card account i.e. Rs. 300 if Total Payment Due is up to Rs. 2000, Rs. 400 if Total Payment Due is between Rs. 2001 - Rs. 5000 & Rs. 600 if Total Payment Due is Rs. 5001 or more

Over Limit Penalty

3% of the over limit amount (Min. Rs 500)

3% of the over limit amount (Min. Rs 500)

3% of the over limit amount (Min. Rs 500)

3% of the over limit amount (Min. Rs 500)

Charge slip Retrieval Fee or Copy Request Fee

Waived

Waived

Waived

Waived

Outstation Cheque Fee

Waived

Waived

Waived

Waived

Cheque return or dishonor Fee or Auto debit Reversal Bank A/c out of Funds

Rs 300

Rs 300

Rs 300

Rs 300

Surcharge on purchase or cancellation of Railway Tickets

As prescribed by IRCTC/Indian Railways

As prescribed by IRCTC/Indian Railways

As prescribed by IRCTC/Indian Railways

As prescribed by IRCTC/Indian Railways

Fuel Transaction Surcharge

Waived (For fuel transaction between Rs 400 and Rs 4000)

Waived (For fuel transaction between Rs 400 and Rs 4000)

Waived (For fuel transaction between Rs 400 and Rs 4000)

2.5% or Rs 10 whichever is higher

Foreign Currency Transaction Fee

3.50% of the transaction value

3.50% of the transaction value

3.50% of the transaction value

3.50% of the transaction value

Transaction Alert Charges

Waived

Waived

Waived

Waived

Hot listing Charges

Nil

Nil

Nil

Nil

Balance Enquiry Charges

Waived

Waived

Waived

Waived

PlusPoint Redemption Fee

Rs. 30 per request

Rs. 30 per request

Rs. 30 per request

Rs. 30 per request

Balance Transfer - Interest rates and Charges

Plan 1 - 0% interest rate for 3 months and 2.95% interest after 3 months with 2% processing fee or Rs. 199 (whichever is higher)

Plan 2-  0.75% interest rate for 6 months and 2.95% interest after 3 months with 1% processing fee or Rs. 100 (whichever is higher)

Dial-an-EMI - Interest rates and Charges

1.5% interest rate for 3, 6, 12 and 24 months EMI Tenure with 1.5% processing fee or Rs. 150 (whichever is higher)