HDFC Corporate World MasterCard Eligibility - Wishfin

HDFC Corporate World MasterCard

About HDFC Corporate World MasterCard

For the business class clients, HDFC Bank has introduced HDFC Corporate World MasterCard that is loaded with multiple features. This card provides various corporate benefits such as minimising paperwork and simplifying reconciliation and compliance tasks. The customer can earn high reward points and redeem it later within the period of 2 years. This card is offered to the eligible candidates. Check the features and apply for one today.

Features of HDFC Corporate World MasterCard

  • Credit free period of 50 days
  • Corporate benefits on booking flight tickets
  • Earn 2 reward points on every spent of ₹150  
  • Get benefit of fuel surcharge waiver across all petrol pumps on transactions between ₹400 to 5,000
  • Priority Pass Membership that provides preferential and free access to more than 1200 airport lounges around the world
  • Relish refreshments and use facilities including phones, faxes, and Internet and conference rooms
  • Enjoy up to 6 free access to International lounges in a year
  • 2-year validity of reward points
  • For informed business decision get 60 MIS reports on spending analysis by category, expense reports, cost allocation details & summary, merchant summary & details
  • Get free air accident insurance cover up to ₹1 crore

Fees & Charges

  • Joining Fee – As per bank’s norm
  • Annual/ Renewal Fee – Free for lifetime
  • Additional Card Fee – Not applicable
  • Minimum Repayment Amount – 5% subjected to minimum of ₹200
  • Revolving Credit Charges – 3.49% per month, (41.88% annually)
  • Cash Advance Charges – 2.5% of the amount withdrawn or ₹300 whichever is higher
  • Late Payment Charges – On amount less than ₹100: Nil, for ₹100-500: ₹100, for ₹501-5,000: ₹400, for amount ranging from ₹5,001 – 10,000: ₹500, for ₹10,000 & above: ₹700
  • Charges on Over Limit Account – 2.5% of over limit amount, subject to minimum of ₹500
  • Payment Return Charges – 2% of payment amount, minimum ₹450
  • Cash Processing Fee – ₹100
  • Rewards Redemption Fee – ₹75 per redemption request
  • Balance Transfer  Processing Charges – Not applicable
  • Petrol Transaction Surcharge – Fuel Surcharge Waiver capped at ₹500 on the transaction value between ₹400 – 5000
  • Railway Ticket Purchase Fee – ₹30 + 2.5% of the transaction amount
  • Online Railway Ticket Booking Charges – On HDFC Bank Payment Gateway- 1.8% + service tax, On other Bank’s Payment Gateway – Charges as IRCTC website
  • Reissue of Lost/Stolen/Damaged Card – ₹100
  • Outstation Cheque Processing Charge – Cheque value up to ₹5,000 the fee will be ₹25 and for value above ₹5,000 the fee will be ₹50
  • Foreign Currency Transaction – 3.5%
  • Retrieval Fee – ₹150 per charge slip
  • Service Tax, Swachh Bharat Cess and Krishi Kalyan Cess – Applicable on all fees, interest and other charges

Eligibility Criteria

The eligibility of an individual depends on various parameters such as age, income, type of employment etc. The eligibility can be determined using the eligibility calculator available on the bank’s website. It is after the profile evaluation that the bank issues the credit card to the applicant.

Documents Required

  • ID Proof- Copy of Passport/ PAN Card/ UID/ Driving License/ Voter’s ID Card
  • Income Proof- Latest Income Tax Return documents/ Form 16/ Salary Slip (for those who are employed in government offices of PSUs)
  • Address Proof- Copy of Passport/ Fixed Line Bill/ Electricity Bill/ UID/ Bank Passbook of a PSU bank
  • Coloured Photographs
  • Copy of PAN Card
  • Bank Statement for the last 3 months

HDFC Corporate World Master Card Status

The one who applied for the card can trace the status of the application. The application status can be through net banking or phone banking. The customer can even visit the bank branch for detailed information.

HDFC Corporate World Master Card Statement

The credit card statement is the list of transaction made by the customer throughout the month. It includes the details of the expenditure made by the cardholder during the billing cycle. It reveals the amount the customer has to repay to the bank. HDFC Bank sends the credit card statement to each of its customer at the registered address. The bank also provides the password protected e-statement to the customers.

Customer Care Number

The customer care executives are present round the clock to help the customers. Customer can ask queries about various card related issues on the toll-free numbers provided below:

  • 1800-22-3310
  • 1800-102-3310

Personal Loan Interest Rates May 2024
HDFC Bank10.75% - 14.50%
ICICI Bank10.75% - 19.00%
IndusInd Bank10.25% - 26.00%
Kotak Bank10.99%
RBL14.00% - 23.00%
SMFG India Credit12.00% - 24.00%
Standard Chartered Bank11.49%
Tata Capital10.50% - 24.00%
Home Loan Interest Rates May 2024
Axis Bank8.75% - 9.15%
Bank of Baroda8.50% - 10.60%
Citibank8.75% - 9.15%
HDFC8.50% - 9.40%
ICICI Bank9.00% - 9.85%
Indiabulls Housing Finance Limited8.65%
Kotak Bank8.70%
LIC Housing8.50% - 10.50%
Piramal Capital & Housing Finance10.50%
PNB Housing Finance8.50% - 10.95%
Reliance Home Finance8.75% - 14.00%
State Bank of India/SBI9.10% - 9.65%
Tata Capital8.95% - 12.00%