INDEPENDENT PUBLIC DIRECTORY: Eligo does not issue credit cards, collect customer applications, or earn affiliate referral commissions. All terms, fees, and interest charges below are sourced directly from the official icicibank.com (ICICI Bank Ltd.) Most Important Terms and Conditions (MITC).

🏛️ICICI Bank Ltd.Network: Visa / Mastercard / RuPayShopping & Rewards CardsLast Verified: 2026-09-28

ICICI Coral Credit Card

आईसीआईसीआई कोरल क्रेडिट कार्ड

Entry-level gemstone card offering 25% off on BookMyShow/INOX tickets, domestic airport & railway lounge access, and RuPay UPI payment support.

Annual Fee₹500 + GST (Renewal: ₹500 + GST)

Reward Rate2 ICICI Reward Points per ₹100 spent on retail purchases (excluding fuel). 1 Reward Point per ₹100 on utility and insurance categories.

Airport Lounge1 complimentary domestic airport lounge visit per calendar quarter upon spending ₹35,000 or more in the preceding calendar quarter. 1 complimentary domestic railway lounge visit per calendar quarter.

Forex Markup3.50% + GST on foreign currency transactions.

What Is This Card

ICICI Coral is the entry-level gemstone collection card from ICICI Bank. Engineered for young salaried employees and movie enthusiasts, it offers 25% discount on BookMyShow and INOX movie tickets twice a month, domestic airport lounge access, and domestic railway lounge privileges.

Key Benefits (Official MITC Sourced)

💳Annual Fee & Joining Fee

₹500 + GST (Renewal: ₹500 + GST)

Fee Waiver: Spend ₹1,50,000 or more in each preceding anniversary year to get the annual renewal fee of ₹500 waived.

🎁Welcome Benefit

Bonus ICICI Reward Points credited upon fee realization and card activation.

⚡Reward Points Structure

2 ICICI Reward Points per ₹100 spent on retail purchases (excluding fuel). 1 Reward Point per ₹100 on utility and insurance categories.

Redemption Value: 1 ICICI Reward Point = ₹0.25 (4 Reward Points = ₹1.00) against merchandise, vouchers, or statement credit via icicirewards.com.

🛫Airport & Railway Lounge Access

1 complimentary domestic airport lounge visit per calendar quarter upon spending ₹35,000 or more in the preceding calendar quarter. 1 complimentary domestic railway lounge visit per calendar quarter.

🛡️Insurance & Fuel Surcharge Waiver

Insurance Cover: Personal accidental death cover of ₹2 Lakhs. Air accident insurance cover of ₹20 Lakhs.

Fuel Surcharge: 1% fuel surcharge waiver on transactions between ₹400 and ₹4,000 at all HPCL and partner petrol pumps.

🎯Milestone Spends & Grace Period

Milestones: Earn 2,000 bonus Reward Points on spending ₹2,00,000 in an anniversary year; earn 1,000 bonus points for every additional ₹1,00,000 spent thereafter (up to 10,000 points yearly).

Interest-Free Period: Up to 50 days of interest-free credit from transaction date.

What's Missing (Eligo's Honest Disclosures)

Fine-Print Exclusions & Realistic Costs

Domestic airport lounge access requires spending ₹35,000 in the previous calendar quarter. Reward point value is modest at ₹0.25 per point (effective 0.50% base return). Forex markup is standard 3.50%.

Forex Markup Fee3.50% + GST on foreign currency transactions.

Cash Advance Fee2.5% of transaction amount or ₹500 (whichever is higher) + 3.50% monthly finance charges.

Finance Charges (Interest)3.50% per month (42.00% per annum) on revolving balances.

Late Payment SlabsNil for outstanding up to ₹100; ₹100 for ₹101–₹500; ₹500 for ₹501–₹1,000; ₹750 for ₹1,001–₹5,000; ₹900 for ₹5,001–₹10,000; ₹1,000 for ₹10,001–₹25,000; ₹1,100 for ₹25,001–₹50,000; ₹1,200 for above ₹50,000 (+ GST).

Reward Points ExpiryICICI Reward Points expire 3 years (36 months) from the date of accrual.

Categories Earning ZERO Rewards (Standard MITC Exclusion):Fuel transactions, wallet loads, rent payments, educational institutional fees, and government tax payments.

Eligibility Criteria

Salaried Indian individuals aged 21 to 60 with monthly salary exceeding ₹25,000. Self-employed individuals aged 21 to 65 with annual ITR exceeding ₹3,00,000.

Age Requirement21 to 60 Years

Minimum Income₹25,000/month (Salaried) / ₹3,00,000/year ITR (Self-Employed)

CIBIL Score NoteA credit score of 720+ is standard.

SBI RelationshipNot mandatory. Open to all qualifying Indian citizens.

How to Apply (Official Procedure)

Online Digital Application Flow

1Visit icicibank.com/cards or open iMobile Pay app.

2Enter PAN and mobile number for soft eligibility evaluation.

3Select ICICI Coral Credit Card (choose RuPay variant for UPI payment linkage).

4Provide employer information, monthly salary, and residential address.

5Complete online Video KYC session with bank official.

6Card is approved and dispatched via courier within 3 to 5 business days.

Branch Application for Offline Applicants

Apply at any ICICI Bank branch by submitting self-attested copies of PAN, Aadhaar, latest salary slip, and a passport-size photo.

Visit Official Card Page (icicibank.com)Download Official MITC (PDF)

Documents Required

1. PAN Card (statutory requirement)

2. Proof of Identity & Residence: Aadhaar Card, Passport, or Voter ID

3. Proof of Income: Last 3 months' salary slips and 6 months' bank statements OR Latest ITR with Computation Sheet

4. Passport-size photograph.

Frequently Asked Questions (Official MITC)

What happens if I miss the minimum payment due on ICICI Coral Credit Card?

If you do not pay at least the Minimum Amount Due (MAD) on or before the due date, late payment penalties will be charged according to the issuer's tariff: Nil for outstanding up to ₹100; ₹100 for ₹101–₹500; ₹500 for ₹501–₹1,000; ₹750 for ₹1,001–₹5,000; ₹900 for ₹5,001–₹10,000; ₹1,000 for ₹10,001–₹25,000; ₹1,100 for ₹25,001–₹50,000; ₹1,200 for above ₹50,000 (+ GST).. In addition, revolving finance charges at 3.50% per month (42.00% per annum) on revolving balances. will be calculated from the original transaction dates on all outstanding balances and fresh purchases. You will lose the interest-free grace window, and the overdue record will be transmitted to credit bureaus (CIBIL, Experian, CRIF High Mark), adversely impacting your credit score.

Can I convert transactions on ICICI Coral Credit Card into EMI?

Yes, ICICI Bank Ltd. provides merchant EMI and post-purchase in-app EMI conversion options for eligible transactions (typically above ₹1,500 to ₹2,500). Cardholders can configure repayment schedules from 3 to 24 months via the bank's mobile application, net banking dashboard, or SMS prompt. Conversion is subject to a nominal one-time processing fee (usually 1% to 2% + 18% GST) and tenure-based interest charges.

How do I track and redeem reward points or cashback on ICICI Coral Credit Card?

You can monitor accrued reward points or cashback by accessing your monthly e-statements or logging into ICICI Bank Ltd.'s official mobile banking application or web portal. 1 ICICI Reward Point = ₹0.25 (4 Reward Points = ₹1.00) against merchandise, vouchers, or statement credit via icicirewards.com. Please note: ICICI Reward Points expire 3 years (36 months) from the date of accrual.

What is the interest-free grace period on ICICI Coral Credit Card and how does it work?

The interest-free period on ICICI Coral Credit Card is Up to 50 days of interest-free credit from transaction date.. This benefit is applicable strictly when the full Total Amount Due from the previous billing cycle was cleared by the payment due date. If any residual balance is carried forward, all purchases immediately incur daily finance charges (3.50% per month (42.00% per annum) on revolving balances.) with zero grace period. ATM cash withdrawals never receive a grace period and incur interest and cash advance fees from the withdrawal timestamp.

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