Poonawalla Fincorp IndusInd Bank eLITE RuPay Credit Card
MyRupaya Ratings
Product Details
Credit Card Name :
Poonawalla Fincorp IndusInd Bank eLITE RuPay Credit Card
Bank Name :
IndusInd Bank
Type :
Rewards Credit Card
Interest Rate :
3.83% p.m. 46%p.a.
Eligibility :
Age: You must be at least 18 years old to apply.
Citizenship: You should be a resident Indian citizen.
Pros
Reward System: Earn 2.5 Reward points for every ₹100 on e-commerce transactions. Value of 1 RP = 0.5 paisa. Effective Cashback Rate: 1.25%.
Milestone Benefit: Earn 3,000 bonus reward points on spending ₹ 4,00,000 or above within one year from the date of issuance of your credit card.
Other Benefits: Buy one movie ticket and get the second one free on BookMyShow every month up to ₹ 200. Credit Card enabled on UPI.
Cons
Limited Acceptance
Uncertain Reward Point Validity
Pros & Cons
Welcome Benefits
None
Rewards System
Reward System: Earn 2.5 Reward points for every ₹100 on e-commerce transactions. Value of 1 RP = 0.5 paisa. Effective Cashback Rate: 1.25%.
International Forex Markup
Foreign Currency Mark-up 3.5%
Welcome Benefits and Reward System
Special Features
UPI enabled Credit Card
Eligibility Criteria
Age: You must be at least 18 years old to apply.
Citizenship: You should be a resident Indian citizen.
Benefits
No Joining or Annual Fees
Rewards on Various Transactions
Milestone Bonus
Movie tickets offer
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Visit a Branch of IndusInd Bank: This is the confirmed method for applying for the Poonawalla Fincorp IndusInd Bank eLITE RuPay Credit Card.
Locate a Branch: Use the branch locator on the IndusInd Bank website: https://www.indusind.com/in/en/personal/locate-us.html
Documents Required: Carry the following documents:Proof of Identity (Aadhaar card, PAN card)
Proof of Address (utility bill, bank statement)
Income proof (salary slips for salaried individuals, income tax returns for self-employed)
Meet a Bank Representative: Inform them that you'd like to apply for the Poonawalla Fincorp IndusInd Bank eLITE RuPay Credit Card.
Application Form: The representative will provide you with a physical application form. Fill it out with your details and income information.
Submit the Documents and Application: Once you've completed the form, submit it along with your documents.
Processing Time: The bank will review your application and get in touch with you regarding the approval status.
Contact Details
18602677777
Account Opening and Procedure
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Pros:-
Change the text to include your own content. Adjust the font, size or scale to customize the style.
Cons:-
Reward System: Earn 2.5 Reward points for every ₹100 on e-commerce transactions. Value of 1 RP = 0.5 paisa. Effective Cashback Rate: 1.25%.
Milestone Benefit: Earn 3,000 bonus reward points on spending ₹ 4,00,000 or above within one year from the date of issuance of your credit card.
Other Benefits: Buy one movie ticket and get the second one free on BookMyShow every month up to ₹ 200. Credit Card enabled on UPI.
Limited Acceptance
Uncertain Reward Point Validity
HDFC Bank Biz Power Credit Card
The card is a premium credit card with a number of value add features. This card offers cashback on even tax and GST payment. Overall it is a must have card for small business owners/ freelancers.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Fees & Charges
Joining and Annual Fees: NIL
Interest Rate: 3.83% p.m. 46%p.a.
Late Payment Charges: Ranges from INR 100 to INR 1300
Cash Advance Charges: 2.5% of the advance amount subject to a minimum of INR 300
Foreign Currency Mark-up: 3.5%
Rewards Redemption Fee: INR 100
Fuel Surcharge
1% waived for transactions between INR 400 – INR 4000;
Billing Cycle
30 Days