एचडीएफसी इंडियनऑयल क्रेडिट कार्ड
जारीकर्ता बैंक / संस्था: HDFC Bank Ltd.
Co-branded fuel card offering 5% value back as Fuel Points at IndianOil petrol pumps, grocery savings, and RuPay UPI payment capability.
💳कार्ड विवरण एवं मुख्य लाभ (Card Overview & Benefits)
कार्ड का संक्षिप्त विवरण
HDFC IndianOil Credit Card is a specialized fuel savings card designed for two-wheeler and four-wheeler commuters who refuel at IndianOil (IOCL) stations. It provides 5% value back in Fuel Points on petrol/diesel refills and grocery spends with an easy ₹50,000 spend-based fee waiver.
Complimentary 250 Fuel Points credited upon payment of joining fee and card activation.
No complimentary airport lounge access is included on this entry-level fuel card.
1% fuel surcharge waiver across all fuel stations in India on transaction amounts between ₹400 and ₹5,000 (maximum waiver of ₹250 per statement cycle).
Earn up to 50 litres of free fuel annually through accumulated Fuel Points. Annual fee waiver on ₹50,000 annual spend.
📋पात्रता मानदंड एवं नियम (Eligibility & Requirements)
पात्रता की शर्तें
Salaried Indian individuals aged 21 to 60 with monthly salary exceeding ₹20,000. Self-employed individuals aged 21 to 65 with annual ITR exceeding ₹6,00,000.
न्यूनतम वार्षिक आय आवश्यकता
₹20,000/month (Salaried) / ₹6,00,000/year ITR (Self-Employed)
📂आवश्यक दस्तावेज (Required Documents)
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.
⚠️क्या कमी है / महत्वपूर्ण शुल्क चेतावनियां (Honest MITC Disclosures & Hidden Costs)
Monthly fuel points are capped at 250 FP (first 6 months) and 150 FP thereafter, restricting utility for commercial or heavy fleet drivers. No airport lounge access. Redemption value is highest only when converted at IOCL pumps via XTRAREWARDS POS.
🚀आवेदन के चरण (How to Apply)
Step 1: Visit hdfcbank.com or access HDFC MobileBanking app. Step 2: Enter PAN and mobile number to verify basic eligibility. Step 3: Select HDFC IndianOil Credit Card (choose RuPay variant for UPI payments). Step 4: Fill in employment details, designation, and residential address. Step 5: Complete online Video KYC session with bank official. Step 6: Card is approved and dispatched via courier within 3 to 5 business days.
❓अक्सर पूछे जाने वाले प्रश्न (FAQs)
What happens if I miss the minimum payment due on HDFC IndianOil 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; ₹600 for ₹1,001–₹5,000; ₹800 for ₹5,001–₹10,000; ₹1,100 for ₹10,001–₹25,000; ₹1,300 for above ₹25,000 (+ GST).. In addition, revolving finance charges at 3.60% per month (43.20% 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 HDFC IndianOil Credit Card into EMI?
Yes, HDFC 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 HDFC IndianOil Credit Card?
You can monitor accrued reward points or cashback by accessing your monthly e-statements or logging into HDFC Bank Ltd.'s official mobile banking application or web portal. 1 Fuel Point = ₹0.96 when redeemed against IndianOil fuel purchases via IndianOil XTRAREWARDS Program (IXRP). Points can also be redeemed for catalog merchandise at 1 FP = ₹0.20. Please note: Fuel Points expire 2 years (24 months) from the date of accrual.
What is the interest-free grace period on HDFC IndianOil Credit Card and how does it work?
The interest-free period on HDFC IndianOil 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 (3.60% per month (43.20% 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.