HDFC Bank Bharat Credit Card

HDFC Bank recently introduced the HDFC Bank Bharat Credit Card, offering enticing and unique benefits. This cashback credit card offers a generous 5% monthly cashback on specific merchant categories, including mobile recharges, bill payments, and grocery shopping. Additionally, you can enjoy a 5% monthly cashback and a 1% fuel surcharge waiver on fuel expenses. Furthermore, for railway ticket bookings made through IRCTC, there’s an exclusive 5% monthly cashback offer.

Key Highlights of HDFC Bank Bharat Credit Card

  • Enjoy 5% cashback on various essentials: groceries, fuel, IRCTC transactions, mobile recharges, and bill payments.
  • Also, get 5% cashback on SmartBuy, EasyEMI, and PayZapp purchases.
  • Benefit from up to Rs.50 lakh complimentary accidental death insurance for added security.

Features and Benefits of HDFC Bharat Credit Card

The HDFC Bharat Credit Card offers several features and benefits:

1. Cashbacks:

  • Earn up to 5% cashback in specific categories.
  • Get 5% off on IRCTC ticket bookings, groceries, bill payments, mobile recharges, and gasoline bills (max Rs. 150/month).
  • Enjoy 5% rewards on PayZapp/EasyEMI/SmartBUY transactions (max Rs. 150/month).

2. Fuel Surcharge Waiver:

  • Avail 1% fuel cost waiver at Indian gas stations (transactions over Rs. 400).
  • Save up to Rs. 250 per statement cycle.

3. Renewal Fee Waiver:

  • Spend Rs. 50,000 in a year to waive the renewal charge the following year.

4. HDFC Bharat Credit Card Limit:

  • Credit limit varies based on credit history and monthly income.
  • Responsible use can lead to limit increases over time.

5. Cashback in Reward Points:

  • Cashback is reflected as reward points in the next statement.
  • Use reward points to pay credit card bills.

6. Interest-Free Period:

  • Enjoy up to 50 days of interest-free period from the purchase date.

HDFC Bank Bharat Credit Card Fees and Charges

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

  1. Waiver for Renewal Fee:
    Your renewal fee is waived if you’ve spent Rs. 20,000 or more in the previous year.
  2. Rewards Redemption Fee:
    There’s a nominal fee of Rs. 99 for redeeming your rewards.
  3. Foreign Currency Markup:
    A 3.5% charge applies on currency conversion.
  4. Interest Rates:
    The monthly interest rate is 3.6% (43.2% annually).
  5. Fuel Surcharge:
    Enjoy a 1% fuel surcharge waiver on transactions above Rs. 400, capped at Rs. 250 per billing cycle.
  6. Cash Advance Charges:
    For cash advances, a fee of 2.5% or Rs. 500 (whichever is higher) is applicable.
  7. Add-on Card Fee:
    No additional fee for add-on cards.

HDFC Bank Bharat Credit Card Eligibility

To qualify for the HDFC Bank Bharat Credit Card, you must adhere to the following conditions:

Salaried:

  • Age: 21-60 years.
  • Monthly Income: Minimum gross income of Rs 12,000.

Self Employed:

  • Age: 21-65 years.
  • Annual Income: Minimum ITR (Income Tax Return) of Rs 2 Lakhs per annum.

Documents Required for HDFC Bank Bharat Credit Card

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

1. Identity-related documents:

  • PAN card
  • Aadhaar card
  • Passport, and more.

2. Address proof documents:

  • Passport
  • Aadhaar card
  • Ration card, and more.

3. Income proof documents:

  • Payslip
  • Income tax returns
  • Form 16, and more.

How to apply for HDFC Bharat Credit Card

You have two convenient options to apply for the HDFC Bharat Credit Card:

  1. Offline application: Visit a nearby HDFC Bank branch with required documents and fill a physical application form.
  2. Online application:
  • Visit HDFC Bank’s official website.
  • Navigate to the ‘Borrow’ section and select Credit Cards.
  • Choose HDFC Bharat Credit Card.
  • Click ‘Apply Now’ and complete the digital application form.
  • Follow the steps to proceed with your application.

Frequently Asked Questions (FAQs)

1. What is HDFC Bank Bharat Credit Card?

The HDFC Bank Bharat Credit Card is a specially designed credit card to cater to the financial needs of individuals looking for a basic and easy-to-use credit card with essential features.

2. How can I apply for the HDFC Bank Bharat Credit Card?

You can apply for the HDFC Bank Bharat Credit Card online through the HDFC Bank website or by visiting a nearby HDFC Bank branch.

3. What are the key features of the HDFC Bank Bharat Credit Card?

The key features include low annual fees, fuel surcharge waiver, and the option to convert purchases into easy monthly installments (EMIs). It is designed to provide essential benefits for everyday spending.

4. What is the annual fee for the HDFC Bank Bharat Credit Card?

The annual fee for the HDFC Bank Bharat Credit Card may vary, and it is advisable to check the latest fee structure on the HDFC Bank website or by contacting the customer service.

5. Is there a joining fee for the HDFC Bank Bharat Credit Card?

The joining fee for the HDFC Bank Bharat Credit Card may be applicable. Please refer to the terms and conditions or contact HDFC Bank customer support for the most accurate and up-to-date information.

6. Can I get a credit limit increase on my HDFC Bank Bharat Credit Card?

Yes, you may request a credit limit increase on your HDFC Bank Bharat Credit Card based on your financial profile and credit history. You can contact the HDFC Bank customer service for more information on the process.

7. How do I pay my HDFC Bank Bharat Credit Card bill?

You can pay your HDFC Bank Bharat Credit Card bill through various channels, including online banking, mobile banking, ATMs, or by visiting the nearest HDFC Bank branch. Additionally, you can set up auto-debit instructions for hassle-free payments.

8. Is there a fuel surcharge waiver on the HDFC Bank Bharat Credit Card?

Yes, the HDFC Bank Bharat Credit Card provides a fuel surcharge waiver at designated fuel stations, making it more cost-effective for cardholders to refuel their vehicles.

9. Can I convert my purchases into EMIs with the HDFC Bank Bharat Credit Card?

Yes, you have the option to convert certain transactions into easy monthly installments (EMIs) using the HDFC Bank Bharat Credit Card. The terms and conditions for EMI conversion may vary.

10. How can I check my HDFC Bank Bharat Credit Card balance?
You can check your HDFC Bank Bharat Credit Card balance through online banking, mobile banking, or by contacting the HDFC Bank customer service. Additionally, the monthly credit card statement provides a detailed overview of your transactions and outstanding balance.