Last Updated on 23/11/2017

Card limitRs.10,000 to Rs.50,000
Charges for issuance of CardNo Charges (non-photo card)
Photo CardRs. 100/-
Annual maintenance chargesNo charges
Hot listing feeNo charges
Replacement/Re-issue of Lost/DamagedRs.100/-
Duplicate statement copyRs. 50/-
Charge slip copyRs. 100/-
Original Charge slipRs.300/-
Late FeeRs. 100/-
Interest on Roll over credit24%(annualized)
Cash advance feeRs.22.50 per Rs.1000/- or part thereof
Cash advance Interest24% (Annualized) from the date of the withdrawal till settlement date
Charges for Cash Withdrawal from other Bank’s ATMs(VISA)Rs. 100/- per withdrawal
Rs. 20/- per balance enquiry
Foreign Currency transactions2.5% on the transaction value
Secured Online Transactions throughVerified By Visa (VBV)
Various insurance facilities free of charge with your IOB Credit Card-Classic
1. Personal Accident - Death Due to 
a. Air crash 
i. Self (Primary card holder)Rs.4.00 lacs
ii. SpouseRs.2.00 lacs
b. Road / Rail 
i. Self (Primary card holder)Rs.2.00 lacs
ii. SpouseRs.1.00 lacs
2. Baggage Insurance 
Rs.0.25 lacs
3. Purchase ProtectionRs.0.25 lacs.
Transaction Limits
Cash Withdrawal40% of Credit Limit
Purchase at Jewelry shops50% of Credit Limit
Per day Ceiling Cash through ATM15,000/-
All transactions50% of Credit limit


  • Service Tax/Cess at the applicable rate will be charged extra.
  • In addition to the above, Cardholders have to pay extra Service Charges at certain Merchant Establishments such as Petrol Bunks, Railways, etc.
  • The above schedule of charges is subject to revision from time to time, and will be directly billed to your card account.