What is the annual fee of the Union Bank of India Micro Enterprise Credit Card?

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Union Bank of India Micro Enterprise Credit Card

Union Bank of IndiaRuPayLast checked 11 Oct 2026fees only

The Union Bank of India Micro Enterprise Credit Card charges no annual fee and no joining fee. Read from the issuer's own documents on 11 Oct 2026.

Joining fee	Free
Annual feeunverified	Free
Fee notes	No joining fee for the first 10 lakh customers. From year 2 the annual fee is the lower of 1% of card limit or Rs 1,000. CGTMSE guarantee fee charged to the customer (amount not stated). Replacement Rs 149.

Reward notes	Reward points not applicable.

Fuel surcharge waiver	1% waiver, capped at Rs 100 per month/billing cycle

Interest per month	1.5%
Late payment fee	Rs 200 if outstanding dues up to Rs 25,000; Rs 500 if above Rs 25,000
Cash advance fee	Cash withdrawal not allowed
Fine-print notes	Government-linked micro-enterprise card documented from the MITC only. Interest 1.5% p.m. (18% p.a.); EMI 18% p.a. Blocked categories include cash, jewellery/gold, gambling, liquor, hotels, OTT, quick-commerce and food delivery, investments, wallet loads, education, pharmacies, motor vehicles. Standard RuPay Platinum charges apply where not separately defined. annual_fee is recorded as 0 for year 1; later years carry the 1%-of-limit / Rs 1,000 fee.

What is the annual fee of the Union Bank of India Micro Enterprise Credit Card?: No annual fee.