ICICI Bank Purchase Card - Fees and Charges
An opportunity to reduce processing costs, while streamlining administrative functions around the payment process
| Types of Fees and Charges | Purchase Card |
|---|---|
| Finance Charges | ICICI Bank Purchase Card is a charge card with no revolving facility. The total amount due has to be paid by the payment due date |
| Interest Free Period | Up to a maximum of 45 days of free credit period |
| Joining Fee for Primary Cardholder and Add-on Cardholder | NIL |
| Annual Membership Fee | NIL |
| Card Replacement Fee | ₹200 |
| Late Payment and Default Charges | 3% of total amount due (subject to minimum of ₹1,000) |
| Cash Advance Fee | Not Applicable |
| Cheque or ECS return fee | ₹500 |
| Foreign Currency Transactions | 3.50% |
| Railway Booking Surcharge | 1.8% for Internet transaction and 2.5% for other bookings |
| Fuel Surcharge | Not Applicable |
| Fee on Cash Payment at branches | ₹100 |
| Goods and Service Tax (GST) of 18% w.e.f. 01 July 2017 will be levied on all fees & charges. | |