Credit cards: IDFC First Bank now requires an upfront joining fee for its Mayura and Ashva credit cards to discourage non-serious applicants. The fees are ₹2999 plus GST for Ashva and ₹5999 plus GST for Mayura, compliant with RBI guidelines on credit card activation.
New Policy: IDFC Mayura and Ashva credit cards to charge joining fee before dispatch. Details here
livemint.com - 12 Nov 2024 11:22
Credit cards: IDFC First Bank now requires an upfront joining fee for its Mayura and Ashva credit cards to discourage non-serious applicants. The fees are ₹2999 plus GST for Ashva and ₹5999 plus GST for Mayura, compliant with RBI guidelines on credit card activation.
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