HDFC Bank Corporate World Master Card

Business Tools – Access to Management Information Systems

Reward Scheme – 2 Reward Points for every Rs. 150 spent.

Fuel Surcharge Waiver – Waiver of up to Rs. 1,000 is provided per statement cycle on fuel spends between Rs. 400 and Rs. 5,000.

Interest-free Credit Period – Up to 50 days of the interest-free credit period on purchases.

Revolving Credit – Avail revolving credit facility on HDFC Corporate Credit Card at an interest rate of 3.25% per month.

Lounge Access – Features include:

• Complimentary Priority Pass Membership with 6 free accesses per calendar year at airport lounges located outside India
• Up to 8 free domestic lounge visits per year across select airports in India

Insurance Cover – Coverage includes:

• Air Accidental Insurance protection worth Rs. 1 crore
• Road or Rail accidental Insurance cover worth Rs. 3 lakh

Below mentioned are the key charges on the usage of this card:

Fee/Charge	Amount
Annual/Renewal Fee	Nil
Charges on Revolving Credit	3.60% per month (43.2% Annually)
Cash Advance Charges	2.5% of the amount withdrawn, subject to a minimum of Rs. 500
Overlimit Charges	2.5% of the amount withdrawn, subject to a minimum of Rs. 550
Foreign Currency Conversion Markup	3.5%
Payment Return Charges	2% of the payment amount, subject to a minimum of Rs. 450
Late Payment Charges	For Statement Balance Less Than Rs. 100 – Nil Rs. 100 to Rs. 500 – Rs. 100 Rs. 501 to Rs. 5,000 – Rs. 500 Rs. 5,001 to  Rs. 10,000 – Rs. 600 Rs. 10,001 to Rs. 25,000 – Rs. 800 Over Rs. 25,000 – Rs. 950

The eligibility criteria for HDFC Bank Corporate World Master Card will be communicated at the time of application. Existing customers of HDFC Bank can speak with their customer relationship manager about the same.

Documents Required

For a business credit card, HDFC Bank seeks the following documents:

• Company Registration Proof
• Company’s License
• Profit and Loss Statement
• Balance Sheet
• ITR

The bank may ask for additional documents as well.

Only corporates can apply to this credit card. The bank will decide your eligibility for the same once you show your interest in getting this card. You can contact the bank by calling on their customer care number or by writing an email.

Important: As per RBI guidelines, the issuance of new credit cards on the Mastercard platform has been discontinued until further notice. Normal card services will continue for existing users.

I have just started my business can I apply for the Corporate World MasterCard Credit Card?
You can apply for the Corporate World MasterCard credit card, however, your business must meet certain criteria in order to successfully get the corporate card.

How long will it take to process the application for Corporate World MasterCard Credit Card?
Processing an application may take 15 days or more. The bank will verify all the submitted documents and only then issue the credit card.

When can a client submit a Cardholder Dispute Form?
If a transaction has been carried out fraudulently or if you did not get the goods or services that you paid for then you can dispute the transaction. Download the Cardholder Dispute Form from here and submit it to:

The Charge back unit, HDFC Bank,
O-2, I Think Techno Campus,
Near Kanjurmarg Station,
Kanjurmarg East, Mumbai 400042

How safe is HDFC Bank Corporate World Master Card?
HDFC Bank Corporate World Master Card is secured by an EMV Chip that is encrypted to protect all your transactions. The chip offers much better security than the Magstrip (black strip) present on the back of the credit card.

I applied for the HDFC Bank Corporate World Master Card but still have not got the credit card. What should I do?
You should wait at least 21 days before escalating the issue. In the meantime, you may track your application status, Click here to know-how. Afterwards, you may contact the HDFC Credit Card customer care centre to know about the status of your HDFC credit card. The number is 022-6160-6161.