Services Charges and Fees

Click on the links given below to view the charges.

(Service Tax as applicable will be levied on all service charges and would be rounded-off to the next Rupee.)

Savings Accounts

Click here for Complete list of service fees and charges.

Loans

Home Loans

Please click here to know more

Loan Against Property

Please click here to know more

Personal Loan

Please click here to know more

Loan Against Shares

Please click here to know more

Loan Against Security

Please click here to know more

Vehicle Loan

Please click here to know more

Education Loan

Please click here to know more

Credit Cards

Fees and Charges for Privée Infinite, Wealth Signature and Signature Credit Cards

Charges Privée Infinite Credit Card Wealth Signature Credit Card Signature Credit Card
Standard Joining Fee Nil Nil Nil
Standard Annual Fee Nil Nil Nil
Standard Add-on Card Joining Fee Nil Nil Nil
Standard Add-on Card Annual Fee Nil Nil Nil
Finance Charges (Retail Purchases & Cash) 2.95% per month (41.75% per annum) 2.95% per month (41.75% per annum) 2.95% per month (41.75% per annum)
Cash Withdrawal Fees 2.5% (Min. Rs 250) of the Cash Amount 2.5% (Min. Rs 250) of the Cash Amount 2.5% (Min. Rs 250) of the Cash Amount
Fee for Cash Payment Rs. 50/- Rs. 50/- Rs. 50/-
Card Replacement (lost or stolen or re-issue) Waived Waived Waived
Emergency Card Replacement Fee when overseas (through VISA) As per VISA Global Customer Assistance Services (GCAS). As per VISA Global Customer Assistance Services (GCAS). As per VISA Global Customer Assistance Services (GCAS).
Duplicate Statement Fee Waived Waived Waived
Overdue Penalty or Late Payment Fee
  • Rs. 300 if Total Payment Due is up to Rs. 2000
  • Rs. 400 if Total Payment Due is between Rs. 2001 - Rs. 5000
  • Rs. 600 if Total Payment Due is Rs. 5001 or more
  • Rs. 300 if Total Payment Due is up to Rs. 2000
  • Rs. 400 if Total Payment Due is between Rs. 2001 - Rs. 5000
  • Rs. 600 if Total Payment Due is Rs. 5001 or more
Rs. 300 if Total Payment Due is up to Rs. 2000; Rs. 400 if Total Payment Due is between Rs. 2001 - Rs. 5000; Rs. 600 if Total Payment Due is Rs. 5001 or more.
Over Limit Penalty 3% of the overlimit amount (Min. Rs 500) 3% of the overlimit amount (Min. Rs 500) 3% of the overlimit amount (Min. Rs 500)
Chargeslip Retrieval Fee or Copy Request Fee Waived Waived Waived
Outstation Cheque Fee Waived Waived Waived
Cheque return or dishonour Fee or Autodebit Reversal Bank A/c out of Funds Rs 300 Rs 300 Rs 300
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 2.5% of transaction amount or Rs. 10, whichever is higher (Refunded for fuel transactions between Rs. 400 and Rs. 4000) 2.5% of transaction amount or Rs. 10, whichever is higher (Refunded for fuel transactions between Rs. 400 and Rs. 4000) 2.5% of transaction amount or Rs. 10, whichever is higher (Refunded for fuel transactions between Rs. 400 and Rs. 4000)
Foreign Currency Transaction Fee 3.50% of the transaction value 3.50% of the transaction value 3.50% of the transaction value
Mobile Alerts for Transactions Waived Waived Waived
Hotlisting Charges Waived Waived Waived
Balance Enquiry Charges Waived Waived Waived

Fees and Charges for Platinum Advantage, Platinum, Titanium, Gold, Silver Credit Cards

Charges Platinum Advantage Platinum Titanium/Gold Silver
Standard Joining Fee Rs 1000 Rs. 500 (Waived on spends of
Rs. 5000 within 45 days of card setup), for cards setup on or after February 07, 2011

Nil, for cards setup before February 07, 2011
Rs. 250 (Waived on spends of
Rs. 2500 within 45 days of card setup), for cards setup on or after February 07, 2011

Nil, for cards setup before February 07, 2011
Nil
Standard Annual Fee Rs 500 Rs.200 (from 2nd year onwards. Waived on spends of Rs. 100000 in the preceding year), for cards setup on or after February 07, 2011

Nil, for cards setup before February 07, 2011
Rs.100 (from 2nd year onwards. Waived on spends of Rs. 50000 in the preceding year), for cards setup on or after February 07, 2011

Nil, for cards setup before February 07, 2011
Nil
Standard Add-on Card Joining Fee Nil Rs 100, for cards setup before February 07, 2011

Nil, for cards setup on or after February 07, 2011
Rs 100, for cards setup before February 07, 2011

Nil, for cards setup on or after February 07, 2011
Nil
Standard Add-on Card Annual Fee Nil Nil Nil Nil
Finance Charges (Retail Purchases & Cash) 2.95% per month (41.75% per annum) 2.95% per month (41.75% per annum) Titanium: 3.25% per month (46.78% per annum)

Gold: 2.95% per month (41.75% per annum)
3.25% per month (46.78% per annum)
Cash Withdrawal Fees 2.5% (Min. Rs 250) of the Cash Amount 2.5% (Min. Rs 250) of the Cash Amount 2.5% (Min. Rs 250) of the Cash Amount 2.5% (Min. Rs 250) of the Cash Amount
Fee for Cash Payment Rs. 100/-
(Effective March 01, 2014)
Rs. 100/-
(Effective March 01, 2014)
Rs. 100/-
(Effective March 01, 2014)
Rs. 100/-
(Effective March 01, 2014)
Card Replacement (lost or stolen or re-issue) Waived Waived Waived Waived
Emergency Card Replacement Fee when overseas (through VISA) As per VISA Global Customer Assistance Services (GCAS). As per VISA Global Customer Assistance Services (GCAS). As per VISA Global Customer Assistance Services (GCAS). As per VISA Global Customer Assistance Services (GCAS).
Duplicate Statement Fee Waived Waived Waived Waived
Overdue Penalty or Late Payment Fee
  • Rs. 300 if Total Payment Due is up to Rs. 2000
  • Rs. 400 if Total Payment Due is between Rs. 2001 - Rs. 5000
  • Rs. 600 if Total Payment Due is Rs. 5001 or more
  • Rs. 300 if Total Payment Due is up to Rs. 2000
  • Rs. 400 if Total Payment Due is between Rs. 2001 - Rs. 5000
  • Rs. 600 if Total Payment Due is Rs. 5001 or more
  • Rs. 300 if Total Payment Due is up to Rs. 2000
  • Rs. 400 if Total Payment Due is between Rs. 2001 - Rs. 5000
  • Rs. 600 if Total Payment Due is Rs. 5001 or more
  • Rs. 300 if Total Payment Due is up to Rs. 2000
  • Rs. 400 if Total Payment Due is between Rs. 2001 - Rs. 5000
  • Rs. 600 if Total Payment Due is Rs. 5001 or more
Over Limit Penalty 3% of the overlimit amount (Min. Rs 500) 3% of the overlimit amount (Min. Rs 500) 3% of the overlimit amount (Min. Rs 500) 3% of the overlimit amount (Min. Rs 500)
Chargeslip Retrieval Fee or Copy Request Fee Waived Waived Waived Waived
Outstation Cheque Fee Waived Waived Waived Waived
Cheque return or dishonour Fee or Autodebit Reversal Bank A/c out of Funds Rs 300 Rs 300 Rs 300 Rs 300
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 As prescribed by IRCTC/Indian Railways
Fuel Transaction Surcharge Waived (For fuel transaction to be between Rs 400 and Rs 4000) Waived (For fuel transaction to be between Rs 400 and Rs 4000) Waived (For fuel transaction to be between Rs 400 and Rs 4000) 2.5% or Rs 10 whichever is higher
Foreign Currency Transaction Fee 3.50% of the transaction value 3.50% of the transaction value 3.50% of the transaction value 3.50% of the transaction value
Mobile Alerts for Transactions Waived Waived Waived Waived
Hotlisting Charges Nil Nil Nil Nil
Balance Enquiry Charges Waived Waived Waived Waived

With effect from February 21, 2011, PlusPoint Redemption fee of Rs. 30 will be charged for each redemption request.

Fees and Charges for My Choice, My Zone, My Wings, My Business Credit Cards

Charges My Choice My Zone My Wings My Business
Standard Joining Fee Rs. 250

(For My Choice Image personalization fee Rs. 150)
Rs. 500 (waived upon spends of Rs 5000 in 45 days Rs. 1200 Rs. 999
Standard Annual Fee 1st year :Nil and 2nd year onwards :250 1st year :Nil and 2nd year onwards :Rs. 500 1st year :Nil and 2nd year onwards :Rs. 500 1st year :Nil and 2nd year onwards :Rs. 499
Standard Add-on Card Joining Fee Nil

(For My Choice Image personalization fee Rs. 150)
Nil Nil Nil
Standard Add-on Card Annual Fee Nil Nil Nil Nil
Finance Charges (Retail Purchases & Cash) 3.25% per month (46.78% per annum) 2.95% per month (41.75% per annum) 2.95% per month (46.78% per annum) 1.95% per month (26.08% per annum)
Cash Withdrawal Fees 2.5% (Min. Rs 250) of the Cash Amount 2.5% (Min. Rs 250) of the Cash Amount 2.5% (Min. Rs 250) of the Cash Amount 2.5% (Min. Rs 250) of the Cash Amount
Fee for Cash Payment Rs. 100/-
Effective 1st March '14
Rs. 100/-
Effective 1st March '14
Rs. 100/-
Effective 1st March '14
Rs. 100/-
Effective 1st March '14
Card Replacement (lost or stolen or re-issue) Other Card : Nil
Image Card : Rs 500
Waived Waived Waived
Emergency Card Replacement Fee when overseas (through VISA / MasterCard) As per Master Card Emergency Services As per VISA Global Customer Assistance Services (GCAS) As per Master Card Emergency Services As per VISA Global Customer Assistance Services (GCAS)
Duplicate Statement Fee Waived Waived Waived Waived
Overdue Penalty or Late Payment Fee
  • Rs. 300 if Total Payment Due is up to Rs. 2000
  • Rs. 400 if Total Payment Due is between Rs. 2001 - Rs. 5000
  • Rs. 600 if Total Payment Due is Rs. 5001 or more
  • Rs. 300 if Total Payment Due is up to Rs. 2000
  • Rs. 400 if Total Payment Due is between Rs. 2001 - Rs. 5000
  • Rs. 600 if Total Payment Due is Rs. 5001 or more
  • Rs. 300 if Total Payment Due is up to Rs. 2000
  • Rs. 400 if Total Payment Due is between Rs. 2001 - Rs. 5000
  • Rs. 600 if Total Payment Due is Rs. 5001 or more
  • Rs. 300 if Total Payment Due is up to Rs. 2000
  • Rs. 400 if Total Payment Due is between Rs. 2001 - Rs. 5000
  • Rs. 600 if Total Payment Due is Rs. 5001 or more
Over Limit Penalty 3% of the overlimit amount (Min. Rs 500) 3% of the overlimit amount (Min. Rs 500) 3% of the overlimit amount (Min. Rs 500) 3% of the overlimit amount (Min. Rs 500)
Chargeslip Retrieval Fee or Copy Request Fee Waived Waived Waived Waived
Outstation Cheque Fee Waived Waived Waived Waived
Cheque return or dishonour Fee or Autodebit Reversal Bank A/c out of Funds Rs 300 Rs 300 Rs 300 Rs 300
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 As prescribed by IRCTC/Indian Railways
Fuel Transaction Surcharge 2.5% of transaction amount (Refunded for fuel transactions between Rs. 400 and Rs. 4000) 2.5% of transaction amount (Refunded for fuel transactions between Rs. 400 and Rs. 4000) 2.5% of transaction amount (Refunded for fuel transactions between Rs. 400 and Rs. 4000) 2.5% of transaction amount (Refunded for fuel transactions between Rs. 400 and Rs. 4000)
Foreign Currency Transaction Fee 3.50% of the transaction value 3.50% of the transaction value 3.50% of the transaction value 3.50% of the transaction value
Mobile Alerts for Transactions Free Free Free Free
Hotlisting Charges Nil Nil Nil Nil
Balance Enquiry Charges Waived Waived Waived Waived

Fees and Charges for Easy Credit Card

Charges Easy
Platinum Advantage Platinum Gold Silver
Standard Joining Fee Rs. 1000 Nil Nil Nil
Standard Annual Fee Rs. 500 pa Nil Rs. 100 from Year 2 Nil
Standard Add-on Card Joining Fee Nil Rs. 100 Rs. 100 Nil
Standard Add-on Card Annual Fee Nil Nil Nil Nil
Finance Charges (Retail Purchases & Cash) 1.95% p.m. 1.95% p.m. 1.95% p.m. 1.95% p.m.
Cash Withdrawal Fees Rs. 100 at domestic Axis Bank ATMs
2.5% of the Cash withdrawal amount (Minimum Rs. 250) at International or Non-Axis Bank ATMs
Rs. 100 at domestic Axis Bank ATMs 2.5% of the Cash withdrawal amount (Minimum Rs. 250) at International or Non-Axis Bank ATMs Rs. 100 at domestic Axis Bank ATMs
2.5% of the Cash withdrawal amount (Minimum Rs. 250) at International or Non-Axis Bank ATMs
Rs. 100 at domestic Axis Bank ATMs
2.5% of the Cash withdrawal amount (Minimum Rs. 250) at International or Non-Axis Bank ATMs
Fee for Cash Payment Rs. 100/-
(Effective March 01, 2014)
Rs. 100/-
(Effective March 01, 2014)
Rs. 100/-
(Effective March 01, 2014)
Rs. 100/-
(Effective March 01, 2014)
Card Replacement (lost or stolen or re-issue) Waived Waived Waived Waived
Emergency Card Replacement Fee when overseas (through VISA) As per VISA Global Customer Assistance Services (GCAS). As per VISA Global Customer Assistance Services (GCAS). As per VISA Global Customer Assistance Services (GCAS). As per VISA Global Customer Assistance Services (GCAS).
Duplicate Statement Fee Waived Waived Waived Waived
Overdue Penalty or Late Payment Fee
  • Rs. 300 if Total Payment Due is up to Rs. 2000
  • Rs. 400 if Total Payment Due is between Rs. 2001 - Rs. 5000
  • Rs. 600 if Total Payment Due is Rs. 5001 or more
  • Rs. 300 if Total Payment Due is up to Rs. 2000
  • Rs. 400 if Total Payment Due is between Rs. 2001 - Rs. 5000
  • Rs. 600 if Total Payment Due is Rs. 5001 or more
  • Rs. 300 if Total Payment Due is up to Rs. 2000
  • Rs. 400 if Total Payment Due is between Rs. 2001 - Rs. 5000
  • Rs. 600 if Total Payment Due is Rs. 5001 or more
  • Rs. 300 if Total Payment Due is up to Rs. 2000
  • Rs. 400 if Total Payment Due is between Rs. 2001 - Rs. 5000
  • Rs. 600 if Total Payment Due is Rs. 5001 or more
Over Limit Penalty 3% of the overlimit amount (Min. Rs 500) 3% of the overlimit amount (Min. Rs 500) 3% of the overlimit amount (Min. Rs 500) 3% of the overlimit amount (Min. Rs 500)
Chargeslip Retrieval Fee or Copy Request Fee Waived Waived Waived Waived
Outstation Cheque Fee Waived Waived Waived Waived
Cheque return or dishonour Fee or Autodebit Reversal Bank A/c out of Funds Rs 300 Rs 300 Rs 300 Rs 300
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 As prescribed by IRCTC/Indian Railways
Petrol Transaction Surcharge 2.5% of transaction amount or Rs. 10 whichever is higher (Refunded for fuel transactions between Rs. 400 and Rs. 4000) 2.5% of transaction amount or Rs. 10 whichever is higher (Refunded for fuel transactions between Rs. 400 and Rs. 4000) 2.5% of transaction amount or Rs. 10 whichever is higher (Refunded for fuel transactions between Rs. 400 and Rs. 4000) 2.5% or Rs 10 whichever is higher
Foreign Currency Transaction Fee 3.50% of the transaction value 3.50% of the transaction value 3.50% of the transaction value 3.50% of the transaction value
Mobile Alerts for Transactions Waived Waived Waived Waived
Hotlisting Charges Nil Nil Nil Nil
Balance Enquiry Charges Waived Waived Waived Waived

With effect from February 21, 2011, PlusPoint Redemption fee of Rs. 30 will be charged for each redemption request.

Fees and Charges for Corporate Credit Cards

Charges Corporate
Corporate Liability Individual Liability
Standard Joining Fee As agreed with company As agreed with company
Standard Annual Fee As agreed with company As agreed with company
Standard Add-on Card Joining Fee NA Nil
Standard Add-on Card Annual Fee NA Nil
Finance Charges (Retail Purchases & Cash) NA 2.95% Per month (41.75% per annum)
Cash Withdrawal Fees 2.5% (Min. Rs 250) of the Cash Amount 2.5% (Min. Rs 250) of the Cash Amount
Fee for Cash Payment Nil Rs. 50/-
Card Replacement (lost or stolen or re-issue) Nil Nil
Emergency Card Replacement Fee when overseas (through VISA) As per VISA Global Customer Assistance Services(GCAS) As per VISA Global Customer Assistance Services(GCAS)
Duplicate Statement Fee Waived Waived
Overdue Penalty or Late Payment Fee 3% of the total amount due(Min. Rs. 350)
  • Rs. 300 if Total Payment Due is up to Rs. 2000
  • Rs. 400 if Total Payment Due is between Rs. 2001 - Rs. 5000
  • Rs. 600 if Total Payment Due is Rs. 5001 or more
Over Limit Penalty 3% of the Overlimit Amount (Min Rs. 300) 3% of the Overlimit Amount (Min Rs. 500)
Chargeslip Retrieval Fee or Copy Request Fee Rs 200 Rs 200
Outstation Cheque Fee Waived Waived
Cheque return or dishonour Fee or Autodebit Reversal Bank A/c out of Funds Rs. 300 Rs. 300
Surcharge on purchase or cancellation of Railway Tickets As prescribed by IRCTC/Indian Railways As prescribed by IRCTC/Indian Railways
Petrol Transaction Charge Waived (For a minimum transaction of Rs. 400 and a maximum of Rs. 4,000) Waived (For a minimum transaction of Rs. 400 and a maximum of Rs. 4,000)
Foreign Currency Transaction Fee 3.5% of the transaction value 3.5% of the transaction value
Mobile Alerts for Transactions Waived Waived
Hotlisting Charges Nil Nil
Balance Enquiry Charges Waived Waived

With effect from February 21, 2011, PlusPoint Redemption fee of Rs. 30 will be charged for each redemption request.

Fees and Charges for Trust, Shriram Credit Cards

Charges Trust Chemist Credit Card Shriram Credit Card
Standard Joining Fee Nil 500 (incl of taxes)
Standard Annual Fee Nil Rs 300
Standard Add-on Card Joining Fee Nil NA
Standard Add-on Card Annual Fee Nil NA
Finance Charges (Retail Purchases & Cash) 2.95% Per month (41.75% per annum) 2.95% Per month (41.75% per annum)
Cash Withdrawal Fees 2.5% (Min. Rs 250) of the Cash Amount 2.5% (Min Rs 100)
Fee for Cash Payment Nil Nil
Card Replacement (lost or stolen or re-issue) Rs 100 Rs 250
Emergency Card Replacement Fee when overseas (through VISA) As per VISA Global Customer Assistance Services (GCAS). NA
Duplicate Statement Fee Rs 50 Rs 50
Overdue Penalty or Late Payment Fee
  • Rs. 300 if Total Payment Due is up to Rs. 2000
  • Rs. 400 if Total Payment Due is between Rs. 2001 - Rs. 5000
  • Rs. 600 if Total Payment Due is Rs. 5001 or more
30% of Min. Amt. Due (Min. Rs 100, Max. Rs 300)
Over Limit Penalty 3% of the Overlimit Amount (Min Rs 500)
3% of the Overlimit Amount (Min Rs 300)
Chargeslip Retrieval Fee or Copy Request Fee Rs 200 Rs 200
Outstation Cheque Fee Rs 50 Rs 50
Cheque return or dishonour Fee or Autodebit Reversal Bank A/c out of Funds Rs 300 Rs 300
Surcharge on purchase or cancellation of Railway Tickets As prescribed by IRCTC/Indian Railways NA
Petrol Transaction Charge 2.5% or Rs 10 whichever is higher Waived at select HPCL Petrol Pumps. At other pumps 2.5% or Rs 10 whichever is higher
Foreign Currency Transaction Fee 3.5% of transaction amount NA
Mobile Alerts for Transactions Waived Waived
Hotlisting Charges Nil Nil
Balance Enquiry Charges Waived Waived

With effect from February 21, 2011, PlusPoint Redemption fee of Rs. 30 will be charged for each redemption request.

Debit Cards

Click here for Complete list of service fees and charges.

Investment and Insurance

Life Insurance

To know the applicable commissions and charges, please contact your nearest Branch / Relationship Manager

General Insurance

To know the applicable commissions and charges, please contact your nearest Branch / Relationship Manager

Mutual Funds

To know the applicable commissions and charges, please contact your nearest Branch / Relationship Manager

Foreign Exchange

Service Charges for Foreign Exchange Transactions

Link to RBI website on service charges and fees.