Identity proof : Passport/ Driving License/ PAN Card/ Aadhaar card
More About Premium Credit Cards in India
Typically, issued to premium and regular customer of banks and comes with host of benefits. Benefits are available as a reward points on multiple spend categories such as dining, movie tickets, and travel and luxury lifestyle benefits.
Frequently Asked Questions on Icici Bank Sapphiro Card
What charges I need to pay as joining fee for Icici Bank Sapphiro Card?
Icici Bank Sapphiro Card charge a joining fee of Rs. 6,500.
What is the annual fee for Icici Bank Sapphiro Card?
Annual fee charged on Icici Bank Sapphiro Card is Nil.
Can I waive off my annual fee on Icici Bank Sapphiro Card?
No, there is no waiver on your Icici Bank Sapphiro Card annual fee.
Is there any late payment charge on Icici Bank Sapphiro Card?
No, Icici Bank does not charge any late payment fee on your Sapphiro Card.
What is the second year renewal fee on Icici Bank Sapphiro Card?
Icici Bank Sapphiro Card charges a second year renewal fee of Rs. 3,500.
What is the interest charge per month on Icici Bank Sapphiro Card?
Icici Bank Sapphiro Card charges an interest of 3.40% per month.
The Central Government of India is set to invest Rs. 3,000 crore in IDBI Bank as a bailout package. The infusion of funds is expected to help the bank in maintaining its capital adequacy ratio and revive its falling credit growth. Earlier the bank has received approval from board of directors to divest some of its non core activities through which the bank expects to raise Rs. 5,000 crore.
Private equity firm, True North is likely to buy a major stake in a mortgage firm Home First Finance Company (HFFC) for Rs. 600 crore. True North is expected to invest half of the amount in the company and remaining funds will be paid to the existing shareholders of the company. HFFC primarily deals in providing affordable home loans to low and middle income customers who are first time home buyers.
Piramal Enterprises have entered into strategic partnership with Ivanhoe Cambridge, subsidiary of CDPQ, to provide equity capital to residential developers across five major Indian cities. The funds will be invested in select developers with demonstrated execution track record, focus corporate governance and ability to generate strong returns. The investment fund is likely to be focused on the real estate projects in Mumbai, Delhi NCR, Bengaluru, Chennai and Pune.
Gold prices rose by Rs. 325 to cross the Rs. 30,000 mark and reached Rs. 30,175 per 10 grams in the bullion market on 25th February, 2017. Globally, gold prices rose by 0.61 percent to 1,256 dollars an ounce on 25th Feb. As per the gold experts, price rise is driven by higher gold demand by local jewellers to meet the ongoing wedding season gold demand from customers in India.
India and Asian Development Bank has signed a loan agreement of 375 million dollars to develop a Chennai industrial corridor of 800 km. ADB in its statement have said that they have sanctioned a total of 500 million dollars loan to develop key infrastructure in main four centers of Vishakhapatnam, Kakinada, Amaravati and Yerpedu in Andhra Pradesh in the proposed corridor. Out of the total funds, 125 million dollars will be utilised for capacity building of institutions engaged in corridor management and to support developmental activities of industries.
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