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 npci.org.in (National Payments Corporation of India) Most Important Terms and Conditions (MITC).

🏛️National Payments Corporation of India (RuPay)Network: RuPayShopping & Rewards CardsLast Verified: 2026-09-28

RuPay Platinum Credit Card

रुपे प्लेटिनम क्रेडिट कार्ड

Flagship multi-bank RuPay card featuring UPI QR code payment support, 8 domestic airport lounge visits, and ₹2 Lakh NPCI accidental cover.

Annual Fee₹500 + GST (Frequently Lifetime Free depending on issuing bank)

Reward Rate2 Reward Points per ₹100 spent on all UPI merchant QR code payments and retail checkouts. 5% cashback on utility bill payments (electricity, gas, water, municipal tax) completed via official bank portals.

Airport Lounge2 complimentary domestic airport lounge visits per calendar quarter (up to 8 visits annually) across participating RuPay Platinum airport lounges in India. 2 complimentary domestic railway lounge visits per quarter.

Forex Markup3.50% + GST on foreign currency transactions (accepted globally via Discover, Diners Club, and JCB networks).

What Is This Card

RuPay Platinum Credit Card is the National Payments Corporation of India (NPCI) flagship retail credit product issued in partnership with India's leading public and private sector banks (SBI, PNB, Union Bank, Bank of Baroda, HDFC, ICICI). It allows cardholders to make merchant QR code payments over UPI on credit while enjoying 8 domestic airport lounge accesses and NPCI ₹2 Lakh insurance.

Key Benefits (Official MITC Sourced)

💳Annual Fee & Joining Fee

₹500 + GST (Frequently Lifetime Free depending on issuing bank)

Fee Waiver: Spend ₹50,000 or more in each preceding anniversary year to get the annual renewal fee waived (varies slightly by issuing bank).

🎁Welcome Benefit

Gift vouchers from leading lifestyle brands, plus complimentary NPCI accidental insurance coverage of ₹2,00,000.

⚡Reward Points Structure

2 Reward Points per ₹100 spent on all UPI merchant QR code payments and retail checkouts. 5% cashback on utility bill payments (electricity, gas, water, municipal tax) completed via official bank portals.

Redemption Value: 1 Reward Point = ₹0.25 against shopping vouchers, air miles, or card statement credit.

🛫Airport & Railway Lounge Access

2 complimentary domestic airport lounge visits per calendar quarter (up to 8 visits annually) across participating RuPay Platinum airport lounges in India. 2 complimentary domestic railway lounge visits per quarter.

🛡️Insurance & Fuel Surcharge Waiver

Insurance Cover: NPCI Personal Accidental Death and Permanent Total Disability Cover of ₹2,00,000. 24/7 Domestic Concierge Services.

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

🎯Milestone Spends & Grace Period

Milestones: Direct integration with Unified Payments Interface (UPI) — link credit card directly to Google Pay, PhonePe, Paytm, and BHIM to pay any merchant QR code on credit. Seamless alignment with Pradhan Mantri Suraksha Bima Yojana (PMSBY).

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

Peer-to-peer (P2P) transfers to personal bank accounts over UPI are prohibited by RBI regulations. International acceptance requires merchant terminals that partner with Discover, Diners Club, or JCB. Insurance requires card usage within the past 90 days.

Forex Markup Fee3.50% + GST on foreign currency transactions (accepted globally via Discover, Diners Club, and JCB networks).

Cash Advance Fee2.5% of withdrawn 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 ₹500; tiered late fee from ₹400 to ₹1,300 (+ GST) based on outstanding balance.

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

Categories Earning ZERO Rewards (Standard MITC Exclusion):Fuel transactions, wallet top-ups, and rent payments.

Eligibility Criteria

Salaried Indian individuals aged 21 to 65 with monthly salary exceeding ₹20,000. Self-employed individuals aged 21 to 65 with annual ITR exceeding ₹3,00,000.

Age Requirement21 to 65 Years

Minimum Income₹20,000/month (Salaried) / ₹3,00,000/year ITR (Self-Employed)

CIBIL Score NoteA credit score of 720+ is standard.

SBI RelationshipIssued by multiple public and private sector banks across India.

How to Apply (Official Procedure)

Online Digital Application Flow

1Visit issuing bank's official portal or download bank mobile banking app.

2Enter PAN and mobile number for soft credit score verification.

3Select RuPay Platinum Credit Card from the card catalog.

4Confirm salary, employer name, and residential details.

5Complete online Video KYC session with bank official.

6Card is approved and dispatched via courier within 3 to 5 business days; link instantly to UPI apps.

Branch Application for Offline Applicants

Apply at any partner bank branch (SBI, PNB, Canara Bank, Union Bank, Bank of Baroda, HDFC, ICICI) with self-attested copies of PAN, Aadhaar, salary slip, and a passport-size photo.

Visit Official Card Page (npci.org.in)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 with bank statement 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 RuPay Platinum 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 ₹500; tiered late fee from ₹400 to ₹1,300 (+ GST) based on outstanding balance.. 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 RuPay Platinum Credit Card into EMI?

Yes, National Payments Corporation of India (RuPay) 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 RuPay Platinum Credit Card?

You can monitor accrued reward points or cashback by accessing your monthly e-statements or logging into National Payments Corporation of India (RuPay)'s official mobile banking application or web portal. 1 Reward Point = ₹0.25 against shopping vouchers, air miles, or card statement credit. Please note: Reward points expire 3 years (36 months) from the date of accrual.

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

The interest-free period on RuPay Platinum 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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