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An opportunity to reduce processing coas, while streamlining administrative function 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 Fees for Primary Cardholder and Add on Cardholder | NIL |
| Annual Membership Fees | NIL |
| Replacement Card Fees | Rs. 100 |
| Late Payment and Default Charges | 3% of Total Amount Due (Subject to Minimum of Rs 400) |
| Cash Advance Fees | Not Applicable |
| Duplicate Statement Fees | Rs. 100 |
| Cheque/ECS return Fees | Rs. 250 |
| Foreign Currency Transactions | 3.50% |
| Charge slip Retrieval Fees | Rs. 100 |
| Outstation Cheque Processing Fees | 0.5% of value of cheque subject to min of Rs.100 |
| Railway Booking Surcharge | 1.8% for Internet transaction and 2.5% for other bookings |
| Fuel Surcharge | Not Applicable |
| Fees on Cash Payment at branches | Rs. 100 |
| Goods and Service Tax (GST) of 18% w.e.f. July 1, 2017 will be levied on all fee & charges. |
