Enrollment fee

NIL

Annual Fee

NIL

Card Inactivity Fee
Applicable only if the card turnover during the card year is less than ₹. 12000/-

₹100/-

Free Credit Period

Minimum of 20 to and maximum of 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. The unpaid portion will only attract service charges.

2.50%p.m.(Annualized Percentage Rate 30% ).

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

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

Card Replacement Fee

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

Mark up in case of Transaction in foreign currency

Upto 3% of transaction Amount

Duplicate Statement

₹.10 per page

Cheque dishonor charges or unsuccessful payment instructions

₹.50

EMI Processing fee

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

Rate of interest on EMI

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.

EMI Pre-closure penal charges

2% of outstanding principle.

Surcharges
Railway Tickets – Railway Counters
Railway Tickets – www.irctc.co.in

₹.30+ 2.5% of transaction amount 1% of transaction amount + all applicable taxes

Fuel Surcharges
Petrol & all products/services sold at petrol pumps

1% of transaction value with minimum fee of ₹.10+ applicable taxes.
Maximum of Rs 100/- for the billing month would be reimbursed in the upcoming billing month in the following cases

• Card should have been used for a minimum amount of ₹.2500/- for purchase transactions during the billing month.
• Minimum purchase of petrol & petroleum products per occasion(ticket size) for reckoning under this scheme is ₹.400/-.

Transaction fee for cash withdrawal through Credit Card at Canara Bank ATMs *(per transaction)
*Use of other Bank ATMs attracts extra charges levied by the respective banks.

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

Copy of charge slip

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

Original Charges slip: If processed by our Bank

USD 2.00 (Approximate rupee equivalent is charged)

Original Charges slip: If Procured from other Bank

USD 6.00 (Approximate rupee equivalent is charged)

Collection charges for outstation cheques

₹.100 per instrument+ other banks charges, if any

Charges in respect of notices reminders sent to cardholders having overdues

₹. 50/- per notice

Services Charges for 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.