IDBI Bank LICCSL 'Lumine' Credit Card

Charge

• Schedule of Fees & Charges (effective April 13, 2023).
• LIC Lumine: Interest on revolving credit facility 3.40% p.m. (40.80% p.a.).
• Interest on cash advances 3.40% p.m. (40.80% p.a.).
• Cash advance transaction fee: 2.5% of transaction amount or ₹500 whichever is higher.
• Over limit fee: 2.5% of over limit amount subject to minimum ₹500.
• Cheque/Auto Debit return charges: ₹500.
• Cash deposit charges at IDBI Bank branches towards credit card payment: ₹200.
• Duplicate statement request: ₹100 per statement (more than 3 months old).
• Card replacement fee: ₹200.
• Foreign currency conversion (cross currency mark-up): 3.5%.
• EMI rate of interest: 13% p.a. (tenures 3/6/9/12/18/24/30/36 months).
• EMI conversion fees: Nil.
• EMI foreclosure fees: Nil.
• Late payment charges (per statement, by statement balance): <= ₹500 Nil.
• > ₹500 to <= ₹5000 ₹400.
• > ₹5000 to <= ₹10000 ₹500.
• > ₹10000 to <= ₹20000 ₹750.
• > ₹20000 ₹950.
• Balance Transfer Fees (KFS): 1.5% of BT amount or ₹199 whichever is higher (Balance Transfer facility currently not provided).
• Reward Redemption Fee (KFS): LIC Lumine ₹99 per redemption.
• Card Account Closure Charges: LIC Lumine - ₹999 if closed within one year of issuance.
• Reward Redemption Fee (Schedule): Nil for all card variants.
• All fees and charges are exclusive of applicable GST.

Verified · Most Important Terms & Conditions (MITC) – IDBI Bank Credit Cards · 2026-08-02 · source

Interest-free period

Up to 48 days (ranges from 18 to 48 days), not applicable if previous balance is not cleared in full or if cash advance is availed.

Verified · Key Fact Statement (KFS) – IDBI Bank Credit Cards (covers LIC Lumine) · 2026-08-02 · source

Fuel surcharge waiver

• 1% fuel surcharge waiver on transactions between ₹400 and ₹5000.
• LIC Lumine - maximum waiver of ₹300 per month (MITC: min ₹400, max transaction ₹4000, max waiver ₹300 per month).

Verified · Key Fact Statement (KFS) – IDBI Bank Credit Cards (covers LIC Lumine) · 2026-08-02 · source

Redemption value

• Delight Points expiry: points credited to customers expire after 3 years.
• Points credited under a campaign or promotional offer expire after 1 year.
• Reward Redemption Fee (KFS): LIC Lumine ₹99 per redemption.
• Schedule of Fees: Nil for all card variants.

Verified · Most Important Terms & Conditions (MITC) – IDBI Bank Credit Cards · 2026-08-02 · source

Reward cap

• Delight Points expiry: points credited to customers have an expiry period of 3 years.
• Points credited under a campaign or promotional offer expire after 1 year.

Verified · Most Important Terms & Conditions (MITC) – IDBI Bank Credit Cards · 2026-08-02 · source

Reward exclusion

Verified · Most Important Terms & Conditions (MITC) – IDBI Bank Credit Cards · 2026-08-02 · source

Insurance

• Complimentary lost/stolen card / accidental insurance cover depending on card variant type.
• Provided by a third-party insurance company.
• Policy coverage starts from the date of the Credit Card set up (refer welcome booklet / Bank website for applicable covers).

Verified · Most Important Terms & Conditions (MITC) – IDBI Bank Credit Cards · 2026-08-02 · source

Eligibility

For new cards issued on or after October 01, 2022, the cardholder must activate the card within 30 days (activation = setting up a PIN, enabling/setting limits for transaction types, or using the card for purchases).

Verified · Most Important Terms & Conditions (MITC) – IDBI Bank Credit Cards · 2026-08-02 · source

Official terms

https://www.idbi.bank.in/lumine-Credit-Card.aspx.

Verified · IDBI Bank LICCSL 'Lumine' Credit Card product page · 2026-08-02 · source