Last Updated on 05/07/2017

Card limit Rs.60,000 to Rs.5,00,000
Charges for issuance of Card No Charges (non-photo card)
Photo Card Rs. 100/-
Annual maintenance charges No charges
Hot listing fee No charges
Replacement/Re-issue of Lost/Damaged Rs.100/-
Duplicate statement copy Rs. 50/-
Charge slip copy Rs. 100/-
Original Charge slip Rs. 300/-
Late Fee Rs. 100/-
Interest on Roll over credit 24%(annualized)
Cash advance fee Rs.22.50 per Rs.1000/- or part thereof
Cash advance Interest 24% (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 transactions 2.5% on the transaction value
Secured Online Transactions through Verified 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.10.00 lacs
ii. Spouse Rs.2.00 lacs
b. Road / Rail  
i. Self (Primary card holder) Rs.2.00 lacs
ii. Spouse Rs.1.00 lacs
2. Baggage Insurance 
Rs.0.25 lacs
3. Purchase Protection Rs.0.25 lacs.
Transaction Limits
Cash Withdrawal 40% of Credit Limit
Purchase at Jewelry shops 50% of Credit Limit
Per day Ceiling Cash through ATM 25,000/-
All transactions 50% 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.