Union Bank of India
05 Curated Output

PM Svanidhi Credit Card

Union Bank of India PM Svanidhi Credit Card is a lifetime-free retail credit card facility for PM SVANidhi beneficiaries with UPI linkage, a five-year card validity, and restricted merchant-category usage.

Welcome
Fees
Rewards
Forex
UPI / RuPay
Eligibility
EMI

Image not sourced yet

Union Bank of India

PM Svanidhi Credit Card

Fee: ₹0
Medium · 70
Sources: 1
02_data

Top source-backed claims

Interest-free credit period of 20 to 50 days as per issuer policy.

Lifetime-free card with no enrolment, joining, activation, inactivity, or annual renewal charges.

No cash withdrawal through ATM or point-of-sale machine.

Fees and waiver

Joining Fee: Nil; Annual Fee: Nil; No penalty for due amount up to Rs 500; late payment charges apply above Rs 500 as per bank policy.; Other charges such as card replacement, duplicate card issuance, and hot listing apply as per bank policy.

Verify before applying

Check issuer terms for exclusions, caps, and updated eligibility before using any benefit claim.

Trust Snapshot

Source count: 1 · Review status: Reviewed · Last dataset refresh: 2 Jul 2026

Quick Decision Summary

This summary is generated from the current website fields to help you interpret the card faster.

Inferred / Editorial

What stands out

No annual fee signal detected from the current dataset.

Has richer rewards and benefits detail than sparse card records.

Good fit if you want

People who want a no-fee card and a simpler starting point.

Users comparing cashback or rewards-heavy cards.

Tradeoffs to verify

This card has limited source coverage in the current dataset.

No approval guarantee
Verify issuer terms

Application links do not guarantee approval. Affiliate links are labeled, and issuer terms should be verified before applying.

Verify issuer/source termsThis verification link is not marked as an affiliate or sponsored link.
Fees & Key Facts

Joining fee: Rs. 0

Annual fee: Rs. 0

Quality score: 70 (Medium)

Sources used: 1


Joining Fee: Nil; Annual Fee: Nil; No penalty for due amount up to Rs 500; late payment charges apply above Rs 500 as per bank policy.; Other charges such as card replacement, duplicate card issuance, and hot listing apply as per bank policy.

Eligibility & Documentation

Restricted to eligible PM SVANidhi beneficiaries as per the official product page.


Documents required

Not available

Rewards
  • • Reward points are awarded in accordance with the bank policy.

Benefits
  • • Interest-free credit period of 20 to 50 days as per issuer policy.

  • • Lifetime-free card with no enrolment, joining, activation, inactivity, or annual renewal charges.

  • • No cash withdrawal through ATM or point-of-sale machine.

Hidden Catches
Check these conditions before applying

These are derived from source text and should be verified with the issuer before you rely on a benefit.

No catch data available - verify all terms with issuer before applying.

Features
  • • Operating credit limit is initially fixed at Rs 10,000 and may gradually increase to Rs 30,000 after satisfactory card usage.

  • • Card validity is five years from the date of issue.

  • • UPI linkage enables beneficiaries to make merchant payments using their credit card limit via UPI.

  • • ECS, NACH, or Auto Pay facility is available for full payable amount credit card bill payments.

  • • International and foreign exchange transactions are not allowed on this card.

  • • Merchant category restrictions apply as decided by the Ministry or card issuer.

  • • Revolving credit facility allows reuse of available credit within the approved limit after repayment.

  • • EMI facility may be available for minimum billed amounts of Rs 2,500 when requested before payment due date.

Lounge Access

Not available

Insurance

Not available

Pros

Not available

Cons

Not available

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