Indian Overseas Bank
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Indian Overseas Bank RuPay Select Credit Card
Indian Overseas Bank
Lifetime free RuPay credit card from Indian Overseas Bank with UPI support.
Annual Fee
Free
Joining Fee
Free
Reward Rate
0.5%
Forex Markup
3.5%
Value Analysis
Annual Net Value
₹0
Total Annual Benefits
₹0
Total Annual Charges
₹0
ROI
0%
Fee Waiver Available
Annual fee waived on spending ₹0 in the preceding year — ₹0 annual spend
Card Analytics
Visual breakdown of value, benefits, and limits
Value Breakdown
Benefits Distribution
Transaction Limits
Card Scorecard
Charges Breakdown
No charges applicable
Benefits & Perks
Reward Points (1)
Reward Points
1 RP per ₹100
1 RP per ₹100
Fuel Benefits (1)
Fuel Surcharge Waiver
1% fuel surcharge waiver on transactions between ₹400–₹5,000
- • Valid on transactions ₹400–₹5,000
1% waiver
₹3,000/yr
Reward Program
Program
Indian Overseas Bank Rewards
1 RP per ₹100
Effective cashback: 0.50%
Points expire: 2 years from date of accrual
Redemption Options
- → Products & vouchers
- → Statement credit
Milestone Bonuses
Bonus on reaching annual spend milestone
Spend ₹0 annually
Bonus Reward Points
Fees & Charges
| Charge | Amount |
|---|---|
| Joining Fee | Free Excluding GST |
| Annual Fee | Free Excluding GST |
| Add-on Card Fee | Free Free |
Transaction Charges
- Forex Markup
- 3.5%
- Interest Rate (Monthly)
- 3.75%
- Late Payment Fee
- ₹1,000
- Cash Advance Fee
- 2.5%
ATM Charges
- Own Bank Withdrawal
- ₹20
- Other Bank Withdrawal
- ₹20
- Intl. Withdrawal Fee
- 2.5% + ₹125
Fuel Surcharge Waiver
1% waiver on transactions between ₹400 – ₹5,000. Max waiver: ₹250/cycle.
Eligibility
Requirements
- Min. Monthly Income
- ₹20,000
- Min. Annual Income
- ₹2,40,000
- Min. Credit Score
- 700
- Age Range
- 21 – 65 years
- Employment
- Salaried, Self-Employed
Notes
- • Salaried or self-employed with stable income required
Insurance Coverage
0 0 0
Lost Card Liability
₹2.5 L
Report within 24h
- • Insurance applicable on card usage
Transaction Limits
ATM Withdrawal / Day
₹40,000
POS & E-Commerce / Day
₹2,00,000
Contactless / Txn
₹5,000
Features
Contactless payments EMV chip security International usage Add-on cards available EMI conversion facility
EMI Options
Min. Transaction
₹2,500
Interest / Month
1.5%
Tenure Options
3, 6, 9, 12 months
Processing Fee
1%
Ready to Apply?
Lifetime free RuPay credit card from Indian Overseas Bank with UPI support. The Indian Overseas Bank RuPay Select Credit Card offers 1 RP per ₹100 and...
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