DCB Bank Credit Card

DCB, a leading player in the private banking sector, operates under the regulatory oversight of the Reserve Bank of India. With a network spanning 19 states and 300+ branches, it was established in the 1930s and prioritizes cutting-edge technology and robust customer service. Serving diverse segments including SME, Retail, Agriculture, and more, DCB offers a range of financial solutions. In the retail banking sphere, it extends credit cards, prepaid cards, and debit cards, emphasizing a comprehensive approach to customer needs.

Features and Benefits of DCB Bank Credit Card

The DCB Bank Credit Card offers several features and benefits:

1. Flexible Limits:

  • Customers can choose their credit and cash limits, offering personalized financial control.

2. Low APR:

  • Enjoy a sensible interest rate of 24% APR for overdue payments, ensuring financial ease.

3. Credit Score Boost:

  • This credit card aids in building a positive credit score for the cardholder.

4. Extended Credit Period:

  • Avail a credit period of 15 to 45 days on all spends and cash withdrawals at no extra cost.

5. Fuel Savings:

  • Zero fuel surcharge on annual fuel spends of INR 20,000 at stations nationwide.

6. Balance Transfer:

  • Transfer balances from existing cards to DCB Bank Payless card at no additional cost.

7. Cashback Offer:

  • Enjoy an introductory cashback offer of Rs 350 on a spend of Rs 5000 in the first 3 months.

8. Personal Accident Cover:

  • Customers receive up to Rs 1 lakh as a personal accident cover from DCB Bank.

9. Utility Bill Payment:

  • Pay utility bills online with no processing fee, adding convenience to financial transactions.

DCB Bank Credit Card Fees and Charges

Here are the fees and charges associated with the DCB Bank Credit Card:

  1. Annual Fee: Rs.350
  2. Finance Charges: 24% per annum or 2% per month
  3. Domestic Cash Withdrawal Fee: 2.5% or Rs.250 (whichever is higher)
  4. Late Payment Charges: Rs.100
  5. Over Credit Limit Charge: 2.5% per month of the amount over the credit limit
  6. Reissue of lost or stolen card: Rs.150
  7. Foreign Currency Transaction: Cross currency markup of 3.5%
  8. Statement Request: No charge for e-statements, Rs.50 per page for duplicate physical statement

DCB Bank Credit Card Eligibility Criteria

Here are essential criteria for applying for an DCB Bank Credit Card:

  1. Age Requirement: Applicants must be between 21 to 65 years old.
  2. Income Criteria: A minimum fixed deposit of Rs. 25,000 is required to meet the income requirement.
  3. Employment Status: Both salaried and self-employed individuals are eligible to apply for a DCB Bank credit card.
  4. Interest-Free Period: Cardholders enjoy an interest-free period of up to 48 days on their transactions.
  5. ATM Cash Withdrawal Charges: There is a 3.0% charge on the amount withdrawn through ATM cash withdrawals.

Documents Required for DCB Bank Credit Card

To apply for the DCB Bank Credit Card, you must provide the following documents:

1. Proof of Identity:

  • PAN Card
  • Aadhaar card
  • Driver’s License
  • Passport
  • Voter’s ID
  • Overseas Citizen of India Card
  • Person of Indian Origin Card
  • Job card issued by NREGA
  • Letters issued by the UIDAI

2. Proof of Address:

  • Aadhaar card
  • Driver’s License
  • Passport
  • Utility Bill (not more than 3 months old)
  • Ration Card
  • Property Registration Document
  • Person of Indian Origin Card
  • Job card issued by NREGA
  • Bank Account Statement

3. Proof of Income:

  • Latest one or two salary slips (not more than 3 months old)
  • Latest Form 16
  • Last 3 months’ bank statement

How To Apply for DCB Bank Credit Card

To apply for the DCB Bank Credit Card, follow these steps:

  1. Visit the nearest DCB branch for credit card application.
  2. Approach the bank representative to request the application form.
  3. Complete the form with all necessary information.
  4. Submit the filled form and required documents.
  5. The bank will verify your application, with the right to accept or reject based on eligibility norms.
  6. Upon successful verification, the bank will dispatch your credit card to the registered address.