M16S / Indian Bank / Indian IB RuPay Classic Credit Card
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Indian IB RuPay Classic Credit Card
The Indian IB RuPay Classic Credit Card costs Rs 250 a year, waived if you spend Rs 50,000 in a year. It earns None (no reward points). Read from the issuer's own documents on 11 Oct 2026.
- Annual fee
- Rs 250+ GST
- Fee waived at
- Rs 50,000annual spend
- Base return
- —
- Forex markup
- —
- Interest
- 1.99%a month
Apply on indianbank.bank.inOpens the bank’s own page.
Fees
| Joining fee | Free |
|---|---|
| Annual fee | Rs 250 |
| Annual spend that waives the fee | Rs 50,000 |
| Fee notes | No joining fee. Year 1 free; Rs 250 a year from year 2, waived if prior-year spend exceeds Rs 50,000. |
Rewards
| Base earn | None (no reward points) |
|---|
Travel and perks
| Fuel surcharge waiver | No waiver stated. MITC lists a petrol-pump surcharge of 2.5% of the transaction or Rs 10, whichever is higher. |
|---|
Charges and eligibility
| Interest per month | 1.99% |
|---|---|
| Late payment fee | Rs 50 (past due more than 3 days) |
| Cash advance fee | Rs 50 per MITC schedule; cash interest 1.99% p.m. per the schedule (APR table shows 2.25%) |
| Eligibility | Credit limit band Rs 10,000 to Rs 25,000 |
| Fine-print notes | No joining fee on primary or add-on cards. Statement on the 20th, payment due 15 days later; interest-free period 15 to 45 days, lost if the previous statement is not paid in full. Railway ticket surcharge 1.8% or Rs 10, whichever is higher. EMI conversion fee 2% (min Rs 199, max Rs 1,000), EMI interest 18% p.a., foreclosure 3% of pending principal. The bank's reward-programme PDF is an image scan and could not be read, so point value, expiry and exclusions are unverified. Online and international use is off by default and must be enabled. Purchase APR 23.88%. Cash limit 25%. No lounge access. Up to 4 add-on cards; EMI available. MITC shows forex markup as not applicable to Bharat/Classic. Reissue fee Rs 100. |
Questions
- What is the annual fee of the Indian IB RuPay Classic Credit Card?
- Rs 250 a year, before GST. It is waived if you spend Rs 50,000 in a year.