Service Charges related to Credit Card

Canara Card Visa corporate  (Main card)

Rs 250

Canara Card Visa Classic/Mastercard Standard/ Gold/ RuPay Select/ RuPay Platinum

NIL

Canara Card Visa corporate (Only for Add on cards):

Rs 400

Canara Card Visa Classic/Mastercard Standard (Main & Add on):

NIL

Canara Card Gold (Main & Add on) :

NIL

Canara Card Visa corporate  (Main & Add on):

NIL

Canara Card Classic / Standard- (Main & Add on card)
Applicable only if the card turnover during the card year is less than Rs. 12000/-    

100*

Canara Card Gold (Main & Add on) –:
Applicable only if the card turnover during the card year is less than Rs. 25000/-

150*

Canara Card Platinum (Main & Add on) –:
Applicable only if the card turnover during the card year is less than Rs. 50,000/-

200*

Canara Card Select/ World (Main & Add on) –:
Applicable only if the card turnover during the card year is less than Rs. 1,00,000/-

300*

Free Credit Period:

Up to 50 days

Charges on Revolved Amount, Where the cardholder has been permitted Revolving Credit facility, the cardholder needs to pay only the minimum due amount indicated in the bill.

2.00% p.m.(24% p.a.) From the due date for secured Credit Card and 2.50%p.m.(30% p.a.)  for all other credit cards.

Minimum repayment on Revolving Credit (Minimum Amount Due – MAD):

5% of Total outstanding amount (Min. Rs. 100) + all applicable charges/fees/taxes + EMI (in cases of EMI availed by card holder)+ over the limit amount (if any)

Card Replacement Fee

Rs. 300/- per card (applicable for both primary and addon card)

Mark up in case of Transaction in foreign currency:

Upto 3% of transaction Amount

EMI Charges

EMI Processing fee

Rate of interest on EMI

EMI Pre-closure penal charges

2% of transaction amount with minimum of Rs. 100/- and Maximum of Rs. 200/-

13% p.a. for EMI period of 3,6 and 9 months and 14% p.a. for EMI period of 12,18 and 24 months.

2% of outstanding principle.

Surcharges

Railway Tickets – Railway Counters

Railway Tickets – www.irctc.co.in

Fuel Surcharges

Petrol & all products/services sold at petrol pumps

Rs. 30+ 2.5% of transaction amount

1% of transaction amount + all applicable taxes

1% of transaction value with minimum fee of Rs. 10+ applicable taxes.

Maximum of Rs 100/- for the billing month would be reimbursed in the upcoming billing month  in the following cases:

1.    Card should have been used for a minimum amount of Rs. 2500/- for purchase transactions during the billing month.

2.    Minimum purchase of petrol & petroleum products per occasion (ticket size) for reckoning under this scheme is Rs.400/-.

Card year is the 12 months period from the month of issue of the card viz if the card is issued in May 2008, then card year is” May 2021 to April 2022".    

All Credit cards except corporate credit cards

50% of the credit Limit with a maximum of Rs 50,000/-

Canara Card Visa corporate

50% of the credit Limit with a maximum over all Limit of Rs 5.00 lac. Maximum cash limit per Add on card is Rs.  25,000

Transaction fee for cash withdrawal against your Credit account at our ATMs and branches

3% of the transaction amount subject to a minimum of Rs. 30/- for every Rs. 1000 or part thereof.

Hotlisting charges without re issuance

 Nil

Copy of charge slip:

Domestic Rs. 100/-
International US $10/- or equivalent

Original Charges slip: If processed by our Bank

USD 2.00*

If Procured from other Bank          

USD 6.00 *
* Approximate rupee equivalent is charged

Charges in respect of notices reminders sent to cardholders having overdues

Rs. 50/- per notice

Delayed payment beyond due date
For Revolver and  Non-revolver:

 Late payment fee of Rs 250/- + GST will be charged, this is in addition to existing

Service charges (2.5% p.m. i.e. 30% per Annum) on carried over balance.

All other out of pocket expenses incurred for any services rendered will be collected in addition to the fees/charges mentioned above.

Charge Type

Card Variants

Classic/ Standard

Platinum

Business

Select

Enrollment Fee

NIL

NIL

NIL

NIL

Activation/Membership Fee

NIL

NIL

NIL

NIL

Annual Fee (Charges Per Annum)

₹200/-

₹500/-

₹500/-

₹1000/-

Hotlist/Duplicate card on account of loss of card

₹150/-

₹150/-

₹150/-

₹150/-

Replacement card

₹150/-

₹150/-

₹150/-

₹150/-

Debit card inactivity fee (Charges Per Annum)

NIL

NIL

NIL

NIL

Charges for SMS alerts (Charges Per Quarter)

On Actuals*

On Actuals*

On Actuals*

On Actuals*

First time Green Pin Generation

NIL

NIL

NIL

NIL

Regeneration of Green Pin

₹50/-

₹50/-

₹50/-

₹50/-

Parameters

Canara Prepaid Card – Classic Reloadable

Canara Prepaid Card – Gold  Reloadable

Canara Prepaid Card – Gift Card – Non Reloadable

Issue Charges

Rs.50/- Plus Service tax

Rs.100/- Plus Service tax

Rs.50/- Plus Service tax

Load / Reload Charges

Rs.20 Plus Service tax

Rs.20 Plus Service tax

Rs.20 Plus Service tax

Charges for cancellation and Redemption after expiry

Rs.50+ Service tax

Rs.50+ Service tax

Rs.50+ Service tax

Cash Withdrawal at other Bank ATMs

beyond 3/5 financial / non-financial transactions

Rs.10/- for non-financial Transactions

Rs.20/- for Financial Transactions

Rs.10/- for non-financial Transactions

Rs.20/- for Financial Transactions

Not Applicable

Cash Withdrawal at POS

1% of the Transaction Amount

1% of the Transaction Amount

Not Applicable

For Customers

For Senior Citizens

Free Transactions in a Calendar month

(Financial and/or Non-Financial)

6

8

Charges above free transaction (Financial)

Rs.20 + GST per transaction

Charges above free transaction

(Non-Financial)

Rs.5 + GST per transaction

Metro

Non-Metro

Free Transactions in a Calendar month

(Financial and/or Non-Financial)

3

5

Charges above free transaction (Financial)

Charges

per transaction

Charges

per transaction

Rs.21 + GST

Rs.21 + GST

Charges above free transaction (Non-Financial)

Rs.10 + GST

No Change

Rs.10 + GST

No Change

For transactions abroad Charge Slip Retrieval: Charged when a customer requests a copy of sales draft in order to substantiate a transaction.

Rs. 300/- for retrieval.

Rs. 300/- for retrieval.

Rs 300/-

Debit card inactivity fee

NIL

NIL

NIL

Cash Withdrawal at PoS

1% of the transaction amount

1% of the transaction amount

1% of the
transaction amount