M16S / Karur Vysya Bank / Karur Vysya KVB Corporate Credit Card
mid · business, rewards
Karur Vysya KVB Corporate Credit Card
The Karur Vysya KVB Corporate Credit Card costs Rs 1,000 a year. It earns 2 RP per Rs 100. The forex markup is 3.5%. Lounge visits in India: 2 complimentary visits within India. Read from the issuer's own documents on 11 Oct 2026.
- Annual fee
- Rs 1,000+ GST
- Fee waived at
- —
- Base return
- —
- Forex markup
- 3.5%
- Interest
- 2.95%a month
Apply on kvb.bank.inOpens the bank’s own page.
Fees
| Joining fee | Free |
|---|---|
| Annual fee | Rs 1,000 |
| Fee notes | Joining free; Rs 1,000 per card, free in first year. Replacement Rs 500. Add-on free on page (MITC lists Rs 200). |
Rewards
| Reward currency | Reward Points |
|---|---|
| Base earn | 2 RP per Rs 100 |
| Reward notes | Point value not published; 'exclusive cash back program' is listed without details. Redemption fee shown as not applicable. |
Travel and perks
| Domestic lounge | 2 complimentary visits within India |
|---|---|
| International lounge | None stated |
| Forex markup | 3.5% |
| Fuel surcharge waiverunverified | Listed as a highlight, but the fee table shows a 2% petrol surcharge, max Rs 300 a month (Rs 400-4,000 txns) |
Charges and eligibility
| Interest per month | 2.95% |
|---|---|
| Late payment fee | Rs 500 |
| Cash advance fee | 2% or Rs 100, whichever is higher; cash limit 10% of credit limit |
| Eligibility | Promoters and authorised employees of corporate / business entities under corporate liability; up to 25 cards per corporate. |
| Fine-print notes | MITC names it Corporate Visa Signature in the fee table and Corporate Visa Platinum in the interest table. No EMI, balance transfer or contactless. Over-limit and failed payment Rs 500 each. KVB also sells co-branded KVB SBI cards, which are issued by SBI Card and excluded here. Reward redemption fee Rs 99 per request; first redemption needs 2,000 points, later ones 250 (MITC says 800). 1% service charge on rent payments. Over-limit 2.5% min Rs 500. Rs 100 fee for cash payment at branch. A secured version against FD is available as an option. |
Questions
- What is the annual fee of the Karur Vysya KVB Corporate Credit Card?
- Rs 1,000 a year, before GST.
- Does the Karur Vysya KVB Corporate Credit Card give airport lounge access?
- Yes. In India: 2 complimentary visits within India. Outside India: none listed.
- What is the forex markup on the Karur Vysya KVB Corporate Credit Card?
- 3.5% of each foreign-currency transaction, before GST.