The HDFC Bank Fleet Card is a Commercial Credit Card designed for businesses managing vehicle fleets. It facilitates fuel expense management with multiple credit period options. The card is restricted to fuel purchases only.
No, the Fleet Card does not charge joining and renewal fees.
The HDFC Bank Fleet Card charges late payment fees based on the total amount due. The fees range from ₹100 for amounts between ₹100 and ₹500 to ₹750 for amounts above ₹10,000.
The HDFC Bank Fleet Card charges non-payment fees at a rate of 2.95% per month, which amounts to 35.4% annually.
The HDFC Bank Fleet Card charges a payment return fee of 2% of the payment amount, subject to a minimum charge of ₹450.
No, HDFC Bank Fleet Card does not have any fuel surcharge.
The HDFC Bank Fleet Card charges a retrieval fee of ₹125 per charge slip.
The 100% Minimum Amount Due (MAD) must be paid by the due date. Revolving credit is not permitted on this card.