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  • Upto 50 days of interest free credit
  • Easy EMI Conversion through Canara ai1 app.
  • ATM Cash Withdrawal & other non financial services.
  • Exclusive Merchant Offers
  • Rewards Points for every PoS / e-commerce transaction.
  • Complementry Insurance Benefits
  • 24X7 Concierge Services.
  • Complimentary Airport Lounge Access:
  • Domestic Airport Lounge Access 2 per Qtr for Self
    International Airport Lounge Access 2 per Year for Self


    • Domestic & International Acceptance
    • International / Global usage can be activated through net banking / mobile banking or by visiting the base branch.


    Card features

    RuPay Select Credit Card

    Global validity


    Credit Card Limit

    Ranges from ₹.1 lac to ₹. 50   lacs

    Revolving credit facility


    Repayment facility through alternate banking channels.


    Cash withdrawal facility

    Available with service charges @ ₹ 30/- per ₹1000/- or part thereof.

    Inactivity fee, if the Card is not used for a minimum annual turnover

    ₹.300/- per annum - if the turnover is below the threshold limit of ₹.1,00,000/- per year

    Insurance cover for Death due to Personal Accident – for card holder and spouse

    • AIR Accident:
      • ₹ 8.00 lakhs for self
      • ₹ 4.00 lakhs for spouse
    • Other than Air Accident:
      • ₹ 4.00 lakhs for self
      • ₹ 2.00 lakhs for spouse

    Lost Card Liability

    In excess of ₹. 1000 from the time of reporting of loss of Card

    Baggage Insurance
    Purchase protection cover


    Reward Points from M/s Loyalty Rewards

    2 points for every ₹.100/- transaction for purchases/ payments. Value of each point is ₹. 0.25/-.

    Maximum Credit Limit per month :

    Rs.50,00,000/- & Minimum limit is Rs.1,00,000/-

  • Additional features provided by NPCI
  • Card features

    RuPay Select Individual Credit Card

    Welcome Offer

    •  ₹ 500 Gift Voucher from Croma (Infiniti Retail Ltd.)
    •  Discount Coupon from Apollo Pharmacy.
    •  Snapdeal Offer - ₹ 100 off on first two transactions.

    RuPay Insurance Program

    ₹ 10.00 lacs cover for Death due to Personal Accident and Permanent Disability.

    Cash Back Offer - Utility Bill Payment Services

    5% Cash back on payment of Utility Bills applicable for both online and PoS terminals capped at ₹. 50 per month.

    Cash Back Offer on Eating Places & Restaurants

    5% Cash Back Offer on Eating Places & Restaurants - capped at ₹ 50 per month

    Lounge Access Program Domestic

    • Two Free Access per quarter.
    • Covers 30 Lounges across 11 cities in India

    Lounge Access Program - International

    Two Free Access per year - covers 500+ Lounges across 300+ cities worldwide

    Concierge Services

    24X7 Assistance - Referral and Reservation Services - Hotel, Dining, Car Rental, International Travel

    Merchant Offers

    Offers/ Discounts at select Online and POS merchants provided by NPCI from time to time

  • Merchant offers/ concierge services/ additional features provided by NPCI may vary from time to time
  • Refer following link for details of NPCI Offers

  • Independent income with a minimum of ₹10 lakh gross per annum for individuals.
  • Minimum annual gross income of ₹.60000/- and minimum net take home salary of not less than ₹.4000/- p.m. for staff members.

  • Fee and Charges
  • Nature of Charge

    Amount of Charge

    Enrollment fee


    Annual Fee


    Card Inactivity Fee
    Applicable only if the card turnover during the card year is less than ₹. 1,00,000/-


    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% ) for all other credit cards.

    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.

    Railway Tickets – Railway Counters
    Railway Tickets –

    ₹. 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 ₹ 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 ₹ 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 the above listed charges excluding GST and 18% GST will be charged extra
  • All other out of pocket expenses incurred for any services rendered will be collected in addition to the fees/charges mentioned above.
  • All fees / charges are subject to change and at the discretion of the Bank. The changes in fees / charges and the effective date will be indicated in the bills / MITC/ Bank site/ SMS /emails etc. Intimation on any such modification in fee/charges will be intimated to customer through SMS /emails etc. Bill/statement will be generated only when there is a billable transaction for the billing month.
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Last updated on 23-05-2024 03:14 AM

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