IDBI Bank Imperium Platinum Credit Card

The IDBI Bank Imperium Platinum is a unique and secured credit card. This is a must-have product that can be availed against fixed deposit(s).


  • 85% of Fixed Deposit as Credit Limit
  • Welcome Gift worth 500 Delight Points
  • 2 Delight Points for each expense of Rs 150 on travel, shopping, movies, etc.
  • Special offers from VISA.

What are the Benefits Offered?

  • The credit limit offered by the card is 85% of the FD amount.
  • On every expense of Rs 150 on travel, shopping, movies, etc, a cardholder receives 2 Delight Points.
  • 70% of the credit limit is offered as the cash withdrawal limit.
  • Cardholders can avail special offers on car rentals, airport shopping, hotels, etc, when they transact via this card. They can also avail travel concierge services provided by VISA.
  • Cardholders can earn 500 Delight Points when they spend a minimum of Rs 1500 in a single transaction using the card, within the first 1 month. They earn 300 points on making a similar expense using the card between 1 to 3 months of getting the card.

Salient Features:

  • The Imperium Platinum is a globally accepted credit card that can be used at over 9 lakh merchant outlets in India and over 29 lakh stores abroad.
  • Cardholders receive a digital welcome kit that contains details regarding the important terms and conditions, agreement, and card usage policy.
  • Additional cards can be availed for the family members of the cardholder. All benefits and features enjoyed by the principal cardholder can also be availed by the add-on cardholder.
  • Cardholders enjoy an interest-free credit period of up to 48 days.
  • Delight Points can be redeemed to enjoy exciting offers from leading brands.

Criteria of Eligibility:

  • The cardholder must be at least 18 years of age.
  • The lowest FD amount needed for the card is Rs 20,000. An equivalent FCNR deposit will also do.
  • An individual applicant or the nominees can apply for this card.
  • Fixed Deposits held by minors, NGOs, HUF, Clubs, Trusts, Public Limited and Private Limited companies, Partnerships, and Societies are NOT eligible.
  • FDs with sweep-out service, Tax Saving FDs, 3rd Party FDs, and FDs in combination of INR and FCNR are NOT eligible.

Documents Needed:

Identity Proof:Applicants need to submit their PAN Card as their ID Proof.

COD:Duly discharged COD or Confirmation of Deposits is needed.

Photo:A recent photograph is needed.

Charges and Fees:

  • The Joining Fee is Rs 499.
  • There is no annual fee for an add-on card.
  • There is no fee for card renewal.
  • There is no fee for renewal of add-on cards.
  • Interest charged on Cash Advance is 2.9% per month.
  • Interest charged on Revolving Credit is 2.9% per month.
  • Fee for Auto Debit Return is Rs 225.
  • Limit enhancement charge is Rs 100.
  • Cash Processing Fee is Rs 100.
  • Card replacement charge is Rs 200.
  • Cheque Return Fee is Rs 225.
  • Reward Redemption fee is Rs 99.
  • Duplicate statement charge is Rs 100.
  • Charge Slip Fee is Rs 125.
  • Over-limit charge is 2.5% of the over-limit amount, minimum being Rs 500.
  • Annual fee for the principal card, to be paid from the 2nd year onwards, is Rs 499.
  • Cash Advance Fee is 2.5% of the advance amount, minimum being Rs 300.
  • Charge for Account Closure, to be charged only if the account is closed within 1 year of opening, is Rs 999.
  • Transactions made in foreign currency have a mark-up of 3.5% of the transaction amount.
  • Balance Transfer Fee is 1.5% of transferred amount, minimum being Rs 199. Normal interest rates apply for EMI.
  • Rs 25 is charged for outstation cheques, if the value of the cheque is up to Rs 5000. The charge is Rs 50, if the cheque value is above Rs 5000.

Late Payment Fees:

  • There is no fee if the amount due is below 100.
  • The fee is Rs 100, if the amount due is between Rs 100 and Rs 500.
  • The fee is Rs 400 if the outstanding is between Rs 501 and Rs 5000.
  • The fee is Rs 500, if the due is between Rs 5001 and Rs 20,000.
  • The fee is Rs 700, if the outstanding amount is Rs 20,001 or above.

The charges mentioned above are not inclusive of the Service Tax.

Subscribe to our newsletter


Did not find what you were looking for?

Browse through our Knowledge Bank for more articles.

Loanbaba Blog

Check your Loan eligibility!

Apply for a Loan online: