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 Platinum Card Signature Card Titanium Card
       
Joining Fee (Rs.) Nil Nil Nil
Annual Fee 2nd year onwards (Rs.) Nil Nil Nil
Add-on Card (Upto 3 cards) Joining fee Nil Nil Nil
Add-on Card (Upto 3 cards) Annual fee Nil Nil Nil
Finance charges(Retail & Cash) 3.6% per month(52.86% per annum) 3.6% per month(52.86% per annum) 3.6% per month(52.86% per annum)
Cash Withdrawal Fees** 2.5% (Min. Rs. 500) of the cash amount 2.5% (Min. Rs. 500) of the cash amount 2.5% (Min. Rs. 500) of the cash amount
Fee for Cash Payment at branches Rs. 100 Rs. 100 Rs. 100
Card Replacement Fee Rs. 100 Rs. 100 Rs. 100
Duplicate Statement Fee Waived Waived Waived
Late Payment Fee Nil if total payment Due is up to Rs. 300; Rs. 100 if total payment due is between Rs. 301 and Rs. 500; Rs.500 if total payment due is between Rs. 501 and Rs.1000; Rs. 750 if total payment due is between Rs.1001 and Rs.10,000; Rs. 950 if total payment due is between Rs.10,001 and Rs.25,000; Rs. 1000 if total payment due is between Rs.25,001 and Rs.50,000; Rs. 1200 if total payment due is greater than Rs.50,000 Nil if total payment Due is up to Rs. 300; Rs. 100 if total payment due is between Rs. 301 and Rs. 500; Rs.500 if total payment due is between Rs. 501 and Rs.1000; Rs. 750 if total payment due is between Rs.1001 and Rs.10,000; Rs. 950 if total payment due is between Rs.10,001 and Rs.25,000; Rs. 1000 if total payment due is between Rs.25,001 and Rs.50,000; Rs. 1200 if total payment due is greater than Rs.50,000 Nil if total payment Due is up to Rs. 300; Rs. 100 if total payment due is between Rs. 301 and Rs. 500; Rs.500 if total payment due is between Rs. 501 and Rs.1000; Rs. 750 if total payment due is between Rs.1001 and Rs.10,000; Rs. 950 if total payment due is between Rs.10,001 and Rs.25,000; Rs. 1000 if total payment due is between Rs.25,001 and Rs.50,000; Rs. 1200 if total payment due is greater than Rs.50,000
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)
Charge slip Retrieval Fee or Copy Request Fee Waived Waived Waived
Outstation Cheque Fee Waived Waived Waived
Cheque return or dishonor Fee or Auto debit Reversal (Bank A/c out of Funds) 2% of the payment amount subject to Min. Rs.450 2% of the payment amount subject to Min. Rs.450 2% of the payment amount subject to Min. Rs.450
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
Fuel Transaction Surcharge 1% of transaction amount (Refunded for fuel transactionsBetween Rs. 400 to Rs. 4,000. Maximum benefits up to Rs. 400 per month)
Please note that taxes levied on fuel surcharge (if any) will not be waived and will need to be borne by the cardholder
1% of transaction amount (Refunded for fuel transactionsBetween Rs. 400 to Rs. 4,000. Maximum benefits up to Rs. 400 per month)
Please note that taxes levied on fuel surcharge (if any) will not be waived and will need to be borne by the cardholder
1% of transaction amount (Refunded for fuel transactionsBetween Rs. 400 to Rs. 4,000. Maximum benefits up to Rs. 400 per month)
Please note that taxes levied on fuel surcharge (if any) will not be waived and will need to be borne by the cardholder
Foreign Currency Transaction Fee**** 3.50% of the transaction value for all cards 3.50% of the transaction value for all cards 3.50% of the transaction value for all cards
Mobile Alerts for Transactions Waived Waived Waived
Hot listing Charges Waived Waived Waived
Balance Enquiry Charges Waived Waived Waived
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