Poonawalla Fincorp IndusInd Bank eLITE RuPay Credit Card
Rewards & Benefits
Welcome Benefits
None
Milestone Benefits
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.
Cashback Rate
Value of 1 RP = 0.5 paisa.
Users will earn 2.5 reward points for every ₹100 on e-commerce transactions. Effective cashback rate: 1.25%.
Movie Benefits
Other Benefits:Buy one movie ticket and get the second one free on BookMyShow every month for up to ₹ 200.
Dining Benefits
Other Benefits
Credit card can be linked to UPI.
Lounge Access
Fees & Charges
Joining Fee
Annual Fee
Joining and Annual Fees: NIL .
Cash Advance Fee
2.5% of the advance amount subject to a minimum of INR 300.
Interest rate
3.83% per month, 46% annually.
Late Payment Fee
Late Payment Charges: Ranges from INR 100 to INR 1300.
Foreign Currency Transactions Fee
Foreign Currency Mark-up: 3.5%.
Other Fees
Cash Advance Charges: 2.5% of the advance amount subject to a minimum of INR 300. | Rewards Redemption Fee: INR 100.
Cons
Limited acceptance.
Uncertain reward point validity.
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 for up to ₹ 200.
Credit card can be linked to UPI.
Rewards & Benifits
Welcome Benefits
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Rewards System
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International Forex Markup
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Welcome Benefits and Reward System
Special Features
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Eligibility Criteria
Age: You must be at least 18 years old to apply.
Citizenship: You should be a resident Indian citizen.
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
Recommended Credit Cards
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 for up to ₹ 200.
Credit card can be linked to UPI.
Limited acceptance.
Uncertain reward point validity.
The Poonawalla Fincorp IndusInd Bank eLITE RuPay Credit Card might be a reasonable option if you're looking for a basic, no-frills credit card with a lifetime fee waiver and you make frequent online transactions or use UPI payments. However, it offers very low reward rates and limited features.
The Poonawalla Fincorp IndusInd Bank eLITE RuPay Credit Card might be a reasonable option if you're looking for a basic, no-frills credit card with a lifetime fee waiver and you make frequent online transactions or use UPI payments. However, it offers very low reward rates and limited features.
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
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Fuel Surcharge
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Billing Cycle
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