Indian Bank Credit Cards Against FD

Click here for the detailed fees & charges and other terms & conditions.

Which secured credit cards are offered by Indian Bank?
Indian Bank offers three secured credit cards — IB RuPay Select, IB RuPay Platinum, and IB RuPay Classic. Consumers can apply for these cards by opening a minimum FD of Rs. 25,000.

Are there any joining or annual fees for these Indian Bank secured credit cards?
These cards come with no joining fee. From the second year onwards, an annual fee of Rs. 250 is applicable. However, this fee is waived if you spend Rs. 50,000 or more in a year.

Do Indian Bank secured credit cards offer reward benefits?
Yes, IB RuPay Select, IB RuPay Platinum & IB RuPay Classic credit cards offer 1 reward point per Rs. 200 spent. The accumulated reward points can be redeemed at a value of 1 RP = Rs. 1.

What are the credit and cash withdrawal limits offered on these cards?
The credit limit can be up to 90% of your FD amount for all three variants. The cash (ATM) withdrawal limit is 40% for all three secured credit cards.

What is the minimum FD amount required to apply for Indian Bank secured credit cards?
You need to open a fixed deposit of at least Rs. 25,000 to apply for any of the three secured credit card variants from Indian Bank.