UTKARSH SMALL FINANCE BANK LTD Utkarsh SmartGen Credit Card

Charge

• Late Payment Fees: ₹500.
• Cash Advance Fees: 5% or ₹500, whichever is higher.
• Available Cash Limit: 20% of Credit Limit.
• Finance Charge (APR): 3.6% per month (43.2% p.a.).
• For FD-backed card 2.5% per month (30% p.a.).
• Overlimit Fees: ₹500 or 2.5% of Overlimit Amount (subject to a minimum of ₹500) whichever is higher.
• Foreign Currency Surcharge: 3% of foreign currency transaction.
• Return payment charge: 2.5% of value of returned payment (subject to minimum of ₹500).
• E-Statements: Nil.
• Physical Statement: ₹50 per statement.
• GST: 18% on all fees, interest & other charges.
• Card Replacement Fee: ₹500.
• Surcharge on Rent Payment: 1% subject to a cap of 40% of credit limit in a billing cycle.
• Service Charge: Nil.
• Add-on/Supplementary Card Annual Fees: No Annual Fee.
• Joining Fees: Nil.
• Tax/TCS/TDS levied at prevailing rate on applicable transactions.

Verified · Most Important Terms & Conditions (MITC) – Utkarsh Credit Cards (covers SmartGen) · 2026-08-04 · source

Interest-free period

Up to 50 days (interest free credit period ranges from 20 to 50 days depending on transaction date).

Verified · Key Fact Statement (KFS) – SmartGen Credit Card · 2026-08-04 · source

Fuel surcharge waiver

• 1% fuel surcharge refunded for transactions between ₹400 and ₹5,000 (subject to a maximum waiver of ₹400 in a statement cycle).
• GST on surcharge will not be refunded.

Verified · Most Important Terms & Conditions (MITC) – Utkarsh Credit Cards (covers SmartGen) · 2026-08-04 · source

Redemption value

Cash back credited to Your Credit Card Account will be adjusted towards the balance on Your Next Credit Card Statement.

Verified · Most Important Terms & Conditions (MITC) – Utkarsh Credit Cards (covers SmartGen) · 2026-08-04 · source

Reward exclusion

Verified · Key Fact Statement (KFS) – SmartGen Credit Card · 2026-08-04 · source

Eligibility

• Individuals - Indian citizens and residents.
• Age 21 to 65 years.
• Existing To Bank (ETB) customers with active Current Account, Savings Account, Term Deposit or Retail Assets, qualified basis Bureau score & Bank's internal scorecard.

Verified · Key Fact Statement (KFS) – SmartGen Credit Card · 2026-08-04 · source