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:-
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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
PSB SBI Card Elite
The card offers all most everything, free movies, free airport lounge visits, value add benefits such as free membership to Club Vistara Silver Tier, great welcome benefits and milestone benefits. The only thing lacking is a good cashback rate. The cashback rate offered by the card is very low.
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