The HDFC IndianOil Credit Card is a credit card that is co-branded by HDFC Bank and the Indian Oil Corporation.
This credit card is designed specifically for persons who frequently travel around the city in their own vehicles. The card provides a variety of features and perks, particularly in the gasoline area, among others.
The IndianOil HDFC Bank credit card has an Rs.500 annual fee and a monthly interest rate of 3.49%.
Image Source: HDFC Official website
Suitability |
Fuel Transactions |
Joining Fee |
Rs. 500 |
Benefits |
Get 5% back on your fuel spent at IndianOil outlets as 'Fuel Points.' |
Renewal |
Rs. 500 |
Requirement |
Salaried: Rs. 10,000 p.m. Self-employed: ITR>Rs. 6 lakh p.a. |
This Best Fuel Credit Card is useful for people who own commercial vehicles such as lorries, taxis, transportation trucks, cars, and other commercial vehicles. If you frequently travel by car, this credit card will come in handy.
The following fees and charges are linked to this credit card-
Joining Fee |
Rs. 500 |
Interest Rate |
3.6% p.m. |
Renewal Charges |
Rs. 500 |
Late Payment Charges |
|
To apply for the IndianOil HDFC Credit Card, applicants must meet the following eligibility requirements-
For Salaried |
Age: 21-60 years Income: Minimum Rs. 10,000 per month |
For Self-Employed |
Age: 21-65 years Income: ITR> Rs. 6 lakhs per annum |
Many documents must be submitted during the application process. The following are some of the major documents that are required-
You can apply online by following the steps outlined below-
Step 1: Visit HDFC Bank's official website and choose the option 'Credit Cards' under the section 'Borrow.'
Step 2: You will be led to a new page that categorizes all HDFC Bank credit cards.
Step 3: Choose the IndianOil HDFC Bank Credit Card from the 'Fuel' category.
Step 4: Choose 'Apply Online.'
Step 5: Fill out the online application form and continue.
To apply offline, go to your nearest bank branch and fill out the application form available there, along with the necessary documentation.
Credit Card Name |
Features |
HDFC Bharat Cashback Credit Card |
5% cashback on fuel |
IndianOil Axis Bank Credit Card |
4% value back on fuel purchase |
ICICI HPCL Coral Credit Card |
2.5% cash back at HPCL fuel |
BPCL SBI Card Octane |
25X reward points on fuel at BPCL |