Common use of Charges and Fee Clause in Contracts

Charges and Fee. 27.1 The Bank will charge a joining/annual fee plus applicable taxes in respect of all primary and Add-on Card(s) issued. This fee will be debited to the Card Account of the Cardholder(s). The amount of joining/annual fee applicable will be informed by the Bank to the Cardholder from time-to-time. 27.2 The Bank reserves the right at any time to charge the Cardholder for the issue, re-issue of the Card or PIN(s), Cards issued with a picture/photograph, and for issue of any Add-On Card(s) as notified from time-to-time and/or any fees/charges for the transactions carried out on the Card. Details of applicable fees and charges can be obtained from the Bank and are subject to change from time-to-time. 27.3 Subject to the discretion of the Bank, the interest charge- free credit period could range up to 50 days based on the dates of Card Transaction posting and payment behaviour of the Cardholder. The Cardholder agrees that the said interest chargefree credit period will not be applicable in the event the Cardholder is unable to clear the previous month's balance in full or if the Cardholder has availed of a cash advance. 27.4 Any such fees and charges will be deducted automatically from the Card Account at the time the fee or charge is incurred/billed. 27.5 The Cardholder should be advised that some ATM owners or operators of shared networks may impose an additional charge for each use of their ATM/other device, and any such charge along with other applicable fees/charges will be deducted from the Card Account. 27.6 Any government charges, duty or debits, or tax payable as a result of the use of the Card shall be the Cardholder's responsibility and if imposed upon him (either directly or indirectly), the Bank shall debit such charges, duty or tax against the Card Account(s). 27.7 The Cardholder authorises the Bank to deduct from his Card Account, and indemnifies the Bank against any costs, charges and expenses that the Bank may incur in collecting money the Cardholder owes the Bank in connection with his Card (including without limitation reasonable attorney's fees to the extent permitted by law). 27.8 IndusInd Bank may choose to waive all or any fees/charges for certain Cardholders or for a certain period of time. The Cardholder agrees that this does not give the Cardholder any implicit right for the waiver of any fee/charge and such waiver will be provided at the sole discretion of the Bank. 27.9 Notwithstanding that the Cardholder shall become liable to pay immediately for a transaction incurred, which has been incurred with the use of the Card, if there are any outstandings (whether billed or not; above or below the Minimum Amount Due) remaining unpaid as on a Payment Due Date then such outstandings shall bear and carry a interest charge in addition to a late payment charge (if applicable). The interest charge levied may be Card type or Cardholder-specific and may be based on usage and payment patterns. The Bank will disclose the interest charge applicable to the Cardholder either in the schedule of charges; monthly statement; e-mail notification or letter to mailing address or any other promotional material deemed suitable by the Bank. However, this interest charge is liable to change without notice and will apply at such rates as IndusInd Bank may from time-to-time decide from either of the following events. 27.9.1 If the Cardholder makes a payment less than the total closing balance, the entire outstanding from the date of billing will attract a interest charge. All Card Transactions incurred after the billing date but not included in the statement will also attract interest charge from the date that such transactions are effected by the Cardholder. This interest charge will be calculated on the daily balance and will be billed in the monthly statement along with applicable taxes . A Service Charge will be raised on the amount carried forward (difference between 'Total Amount Due' and the amount paid) until payment of the entire amount. Please note that making only the minimum payment every month would result in the repayment stretching over a period of time with consequent interest payment on your outstanding balance. Interest Calculation Example – If the statement cycle is 25 of every month and the January statement has one transaction: 14 January Shoppers Stop ₹10,000/-. The outstanding balance on 25 January is ₹10,000/-. If the complete payment is made before 14 February, no interest shall be levied. However, if a part payment of ₹7,000/- is made on 10 February, then interest will be calculated as below: 1. Interest on ₹10,000 from 14 January - 25 January (11 days) = ₹10,000 x 3.83% x 12/365 x 11 = ₹138.51 2. Interest on statement balance as per 25 statement from 25 January- 10 February (16 days) = ₹10,000 x 3.83% x 12/365 x 16 = ₹201.47 3. Interest on outstanding balance of ₹3,000 from 10 February - 25 February (15 days) = ₹3,000 x 3.83% x 12/365 x 15 = ₹56.66 4. Total interest as per 25 February statement = ₹138.51 + ₹201.47 + ₹56.66 = ₹396.64 Please note in the above illustration interest has been calculated at 3.83% p.m. 27.9.1.1 Any portion of the 'Minimum Amount Due' remaining unpaid shall be carried forward and added on to the 'Minimum Amount Due' for the next Monthly Statement and bear and carry a interest charge as described above. 27.9.1.2 In case the 'Minimum Amount Due' or any portion of this amount is unpaid before the 'Payment Due Date', a late payment charge and taxes as applicable will also be levied. This late payment charge is disclosed in the schedule of charges and is subject to change. Any Minimum Amount Due or portion thereof that has been paid, shall cease to carry the interest charge after the date of receipt of payment by IndusInd Bank. 27.9.2 All cash advances will be subject to a interest charge, from the date of the cash advance up to the date of receipt of total payment towards the cash advance by the Bank. 27.10 The monthly interest charges may increase up to a maximum rate of 4% per month or such interest charge as determined by the Bank from time-to-time if the Cardholder does not pay by the 'Payment Due Date' or exceeds his prescribed Credit Limit or in the event of a returned Cheque/ any other instrument of payment. 27.11 All cash transactions incurred by the use of the Card shall bear and carry a transaction fee and a interest charge (if applicable) at the rate determined by the Bank from time-to-time. 27.12 The exchange rate used for all foreign currency transactions will be decided by the Bank and will be binding on the Cardholder. 27.13 In the event that the total outstanding exceeds the Credit Limit, an additional charge will be levied on the total outstanding exceeding the Credit Limit. This charge is disclosed in the schedule of charges and is liable to change without notice and will apply at such rates as IndusInd Bank may from time-to-time decide. 27.14 Charges and fees, as may be applicable from time-to- time, are payable by Cardholders for defaults committed by him, with reference to his Cardholder Account or for specific services provided by IndusInd Bank to the Cardholder. 27.15 The Cardholder recognises and agrees that IndusInd Bank retains the absolute right and discretion to alter such charges or fees from time-to-time or to introduce any new charges or fees, as it may deem appropriate, with due intimation to the Cardholder. 27.16 Subject to the terms and conditions stated here in above, a schedule of the charges that may presently be levied by the Bank on the Cardholder will be provided from time-to-time.

Charges and Fee. 27.1 The Bank will charge a joining/annual fee plus applicable taxes in respect of all primary and Add-on Add‑on Card(s) issued. This fee will be debited to the Card Account of the Cardholder(s). The amount of joining/annual fee applicable will be informed by the Bank to the Cardholder from time-to-timetime‑to‑time. 27.2 The Bank reserves the right at any time to charge the Cardholder for the issue, re-issue re‑issue of the Card or PIN(s), Cards issued with a picture/photograph, and for issue of any Add-On Add‑On Card(s) as notified from time-to-time time‑to‑time and/or any fees/charges for the transactions carried out on the Card. Details of applicable fees and charges can be obtained from the Bank and are subject to change from time-to-timetime‑to‑time. 27.3 Subject to the discretion of the Bank, the interest charge- charge‑ free credit period could range up to 50 days based on the dates of Card Transaction posting and payment behaviour of the Cardholder. The Cardholder agrees that the said interest chargefree credit period will not be applicable in the event the Cardholder is unable to clear the previous month's balance in full or if the Cardholder has availed of a cash advance. 27.4 Any such fees and charges will be deducted automatically from the Card Account at the time the fee or charge is incurred/billed. 27.5 The Cardholder should be advised that some ATM owners or operators of shared networks may impose an additional charge for each use of their ATM/other device, and any such charge along with other applicable fees/charges will be deducted from the Card Account. 27.6 Any government charges, duty or debits, or tax payable as a result of the use of the Card shall be the Cardholder's responsibility and if imposed upon him (either directly or indirectly), the Bank shall debit such charges, duty or tax against the Card Account(s). 27.7 The Cardholder authorises the Bank to deduct from his Card Account, and indemnifies the Bank against any costs, charges and expenses that the Bank may incur in collecting money the Cardholder owes the Bank in connection with his Card (including without limitation reasonable attorney's fees to the extent permitted by law). 27.8 IndusInd Bank may choose to waive all or any fees/charges for certain Cardholders or for a certain period of time. The Cardholder agrees that this does not give the Cardholder any implicit right for the waiver of any fee/charge and such waiver will be provided at the sole discretion of the Bank. 27.9 Notwithstanding that the Cardholder shall become liable to pay immediately for a transaction incurred, which has been incurred with the use of the Card, if there are any outstandings (whether billed or not; above or below the Minimum Amount Due) remaining unpaid as on a Payment Due Date then such outstandings shall bear and carry a interest charge in addition to a late payment charge (if applicable). The interest charge levied may be Card type or Cardholder-specific Cardholder‑specific and may be based on usage and payment patterns. The Bank will disclose the interest charge applicable to the Cardholder either in the schedule of charges; monthly statement; e-mail e‑mail notification or letter to mailing address or any other promotional material deemed suitable by the Bank. However, this interest charge is liable to change without notice and will apply at such rates as IndusInd Bank may from time-to-time time‑to‑time decide from either of the following events. 27.9.1 If the Cardholder makes a payment less than the total closing balance, the entire outstanding from the date of billing will attract a interest charge. All Card Transactions incurred after the billing date but not included in the statement will also attract interest charge from the date that such transactions are effected by the Cardholder. This interest charge will be calculated on the daily balance and will be billed in the monthly statement along with applicable taxes . A Service Charge will be raised on the amount carried forward (difference between 'Total Amount Due' and the amount paid) until payment of the entire amount. Please note that making only the minimum payment every month would result in the repayment stretching over a period of time with consequent interest payment on your outstanding balance. Interest Calculation Example – If the statement cycle is 25 of every month and the January statement has one transaction: transaction꞉ 14 January Shoppers Stop ₹10,000/-. 10,000/‑. The outstanding balance on 25 January is ₹10,000/-. 10,000/‑. If the complete payment is made before 14 February, no interest shall be levied. However, if a part payment of ₹7,000/- 7,000/‑ is made on 10 February, then interest will be calculated as below: below꞉ 1. Interest on ₹10,000 from 14 January - ‑ 25 January (11 days) = ₹10,000 x 3.83% x 12/365 x 11 = ₹138.51 2. Interest on statement balance as per 25 statement from 25 January- 10 January‑10 February (16 days) = ₹10,000 x 3.83% x 12/365 x 16 = ₹201.47 3. Interest on outstanding balance of ₹3,000 from 10 February - ‑ 25 February (15 days) = ₹3,000 x 3.83% x 12/365 x 15 = ₹56.66 4. Total interest as per 25 February statement = ₹138.51 + ₹201.47 + ₹56.66 = ₹396.64 Please note in the above illustration interest has been calculated at 3.83% p.m. 27.9.1.1 Any portion of the 'Minimum Amount Due' remaining unpaid shall be carried forward and added on to the 'Minimum Amount Due' for the next Monthly Statement and bear and carry a interest charge as described above. 27.9.1.2 In case the 'Minimum Amount Due' or any portion of this amount is unpaid before the 'Payment Due Date', a late payment charge and taxes as applicable will also be levied. This late payment charge is disclosed in the schedule of charges and is subject to change. Any Minimum Amount Due or portion thereof that has been paid, shall cease to carry the interest charge after the date of receipt of payment by IndusInd Bank. 27.9.2 All cash advances will be subject to a interest charge, from the date of the cash advance up to the date of receipt of total payment towards the cash advance by the Bank. 27.10 The monthly interest charges may increase up to a maximum rate of 4% per month or such interest charge as determined by the Bank from time-to-time time‑to‑time if the Cardholder does not pay by the 'Payment Due Date' or exceeds his prescribed Credit Limit or in the event of a returned Cheque/ any other instrument of payment. 27.11 All cash transactions incurred by the use of the Card shall bear and carry a transaction fee and a interest charge (if applicable) at the rate determined by the Bank from time-to-timetime‑to‑time. 27.12 The exchange rate used for all foreign currency transactions will be decided by the Bank and will be binding on the Cardholder. 27.13 In the event that the total outstanding exceeds the Credit Limit, an additional charge will be levied on the total outstanding exceeding the Credit Limit. This charge is disclosed in the schedule of charges and is liable to change without notice and will apply at such rates as IndusInd Bank may from time-to-time time‑to‑time decide. 27.14 Charges and fees, as may be applicable from time-to- time‑to‑ time, are payable by Cardholders for defaults committed by him, with reference to his Cardholder Account or for specific services provided by IndusInd Bank to the Cardholder. 27.15 The Cardholder recognises and agrees that IndusInd Bank retains the absolute right and discretion to alter such charges or fees from time-to-time time‑to‑time or to introduce any new charges or fees, as it may deem appropriate, with due intimation to the Cardholder. 27.16 Subject to the terms and conditions stated here in above, a schedule of the charges that may presently be levied by the Bank on the Cardholder will be provided from time-to-timetime‑to‑time.

Charges and Fee. 27.1 The Bank will charge a joining/annual fee plus applicable taxes in respect of all primary and Add-on Card(s) issued. This fee will be debited to the Card Account of the Cardholder(s). The amount of joining/annual fee applicable will be informed by the Bank to the Cardholder from time-to-time. 27.2 The Bank reserves the right at any time to charge the Cardholder for the issue, re-issue of the Card or PIN(s), Cards issued with a picture/photograph, and for issue of any Add-On Card(s) as notified from time-to-time and/or any fees/charges for the transactions carried out on the Card. Details of applicable fees and charges can be obtained from the Bank and are subject to change from time-to-time. 27.3 Subject to the discretion of the Bank, the interest charge- free credit period could range up to 50 days based on the dates of Card Transaction posting and payment behaviour of the Cardholder. The Cardholder agrees that the said interest chargefree credit period will not be applicable in the event the Cardholder is unable to clear the previous month's balance in full or if the Cardholder has availed of a cash advance. 27.4 Any such fees and charges will be deducted automatically from the Card Account at the time the fee or charge is incurred/billed. 27.5 The Cardholder should be advised that some ATM owners or operators of shared networks may impose an additional charge for each use of their ATM/other device, and any such charge along with other applicable fees/charges will be deducted from the Card Account. 27.6 Any government charges, duty or debits, or tax payable as a result of the use of the Card shall be the Cardholder's responsibility and if imposed upon him (either directly or indirectly), the Bank shall debit such charges, duty or tax against the Card Account(s). 27.7 The Cardholder authorises the Bank to deduct from his Card Account, and indemnifies the Bank against any costs, charges and expenses that the Bank may incur in collecting money the Cardholder owes the Bank in connection with his Card (including without limitation reasonable attorney's fees to the extent permitted by law). 27.8 IndusInd Bank may choose to waive all or any fees/charges for certain Cardholders or for a certain period of time. The Cardholder agrees that this does not give the Cardholder any implicit right for the waiver of any fee/charge and such waiver will be provided at the sole discretion of the Bank. 27.9 Notwithstanding that the Cardholder shall become liable to pay immediately for a transaction incurred, which has been incurred with the use of the Card, if there are any outstandings (whether billed or not; above or below the Minimum Amount Due) remaining unpaid as on a Payment Due Date then such outstandings shall bear and carry a interest charge in addition to a late payment charge (if applicable). The interest charge levied may be Card type or Cardholder-specific and may be based on usage and payment patterns. The Bank will disclose the interest charge applicable to the Cardholder either in the schedule of charges; monthly statement; e-mail notification or letter to mailing address or any other promotional material deemed suitable by the Bank. However, this interest charge is liable to change without notice and will apply at such rates as IndusInd Bank may from time-to-time decide from either of the following events. 27.9.1 If the Cardholder makes a payment less than the total closing balance, the entire outstanding from the date of billing will attract a interest charge. All Card Transactions incurred after the billing date but not included in the statement will also attract interest charge from the date that such transactions are effected by the Cardholder. This interest charge will be calculated on the daily balance and will be billed in the monthly statement along with applicable taxes . A Service Charge will be raised on the amount carried forward (difference between 'Total Amount Due' and the amount paid) until payment of the entire amount. Please note that making only the minimum payment every month would result in the repayment stretching over a period of time with consequent interest payment on your outstanding balance. Interest Calculation Example – If the statement cycle is 25 of every month and the January statement has one transaction: 14 January Shoppers Stop ₹10,000/-. The outstanding balance on 25 January is ₹10,000/-. If the complete payment is made before 14 February, no interest shall be levied. However, if a part payment of ₹7,000/- is made on 10 February, then interest will be calculated as below: 1. Interest on ₹10,000 from 14 January - 25 January (11 days) = ₹10,000 x 3.83% x 12/365 x 11 = ₹138.51 2. Interest on statement balance as per 25 statement from 25 January- 10 January-10 February (16 days) = ₹10,000 x 3.83% x 12/365 x 16 = ₹201.47 3. Interest on outstanding balance of ₹3,000 from 10 February - 25 February (15 days) = ₹3,000 x 3.83% x 12/365 x 15 = ₹56.66 4. Total interest as per 25 February statement = ₹138.51 + ₹201.47 + ₹56.66 = ₹396.64 Please note in the above illustration interest has been calculated at 3.83% p.m. 27.9.1.1 Any portion of the 'Minimum Amount Due' remaining unpaid shall be carried forward and added on to the 'Minimum Amount Due' for the next Monthly Statement and bear and carry a interest charge as described above. 27.9.1.2 In case the 'Minimum Amount Due' or any portion of this amount is unpaid before the 'Payment Due Date', a late payment charge and taxes as applicable will also be levied. This late payment charge is disclosed in the schedule of charges and is subject to change. Any Minimum Amount Due or portion thereof that has been paid, shall cease to carry the interest charge after the date of receipt of payment by IndusInd Bank. 27.9.2 All cash advances will be subject to a interest charge, from the date of the cash advance up to the date of receipt of total payment towards the cash advance by the Bank. 27.10 The monthly interest charges may increase up to a maximum rate of 4% per month or such interest charge as determined by the Bank from time-to-time if the Cardholder does not pay by the 'Payment Due Date' or exceeds his prescribed Credit Limit or in the event of a returned Cheque/ any other instrument of payment. 27.11 All cash transactions incurred by the use of the Card shall bear and carry a transaction fee and a interest charge (if applicable) at the rate determined by the Bank from timeattheratedeterminedbythe Bankfromtime-to-time. 27.12 The exchange rate used for all foreign currency transactions will be decided by the Bank and will be binding on the Cardholder. 27.13 In the event that the total outstanding exceeds the Credit Limit, an additional charge will be levied on the total outstanding exceeding the Credit Limit. This charge is disclosed in the schedule of charges and is liable to change without notice and will apply at such rates as IndusInd Bank may from time-to-time decide. 27.14 Charges and fees, as may be applicable from time-to- to-time, are payable by Cardholders for defaults committed by him, with reference to his Cardholder Account or for specific services provided by IndusInd Bank to the Cardholder. 27.15 The Cardholder recognises and agrees that IndusInd Bank retains the absolute right and discretion to alter such charges or fees from time-to-time or to introduce any new charges or fees, as it may deem appropriate, with due intimation to the Cardholder. 27.16 Subject to the terms and conditions stated here in above, a schedule of the charges that may presently be levied by the Bank on the Cardholder will be provided from time-to-time.

Charges and Fee. 27.1 The Bank will charge a joining/annual fee plus applicable taxes in respect of all primary and Add-on Card(s) issued. This fee will be debited to the Card Account of the Cardholder(s). The amount of joining/annual fee applicable will be informed by the Bank to the Cardholder from time-to-time. 27.2 The Bank reserves the right at any time to charge the Cardholder for the issue, re-issue of the Card or PIN(s), Cards issued with a picture/photograph, and for issue of any Add-On Card(s) as notified from time-to-time and/or any fees/charges for the transactions carried out on the Card. Details of applicable fees and charges can be obtained from the Bank and are subject to change from time-to-time. 27.3 Subject to the discretion of the Bank, the interest charge- free credit period could range up to 50 days based on the dates of Card Transaction posting and payment behaviour of the Cardholder. The Cardholder agrees that the said interest chargefree credit period will not be applicable in the event the Cardholder is unable to clear the previous month's balance in full or if the Cardholder has availed of a cash advance. 27.4 Any such fees and charges will be deducted automatically from the Card Account at the time the fee or charge is incurred/billed. 27.5 The Cardholder should be advised that some ATM owners or operators of shared networks may impose an additional charge for each use of their ATM/other device, and any such charge along with other applicable fees/charges will be deducted from the Card Account. 27.6 Any government charges, duty or debits, or tax payable as a result of the use of the Card shall be the Cardholder's responsibility and if imposed upon him (either directly or indirectly), the Bank shall debit such charges, duty or tax against the Card Account(s). 27.7 The Cardholder authorises the Bank to deduct from his Card Account, and indemnifies the Bank against any costs, charges and expenses that the Bank may incur in collecting money the Cardholder owes the Bank in connection with his Card (including without limitation reasonable attorney's fees to the extent permitted by law). 27.8 IndusInd Bank may choose to waive all or any fees/charges for certain Cardholders or for a certain period of time. The Cardholder agrees that this does not give the Cardholder any implicit right for the waiver of any fee/charge and such waiver will be provided at the sole discretion of the Bank. 27.9 Notwithstanding that the Cardholder shall become liable to pay immediately for a transaction incurred, which has been incurred with the use of the Card, if there are any outstandings (whether billed or not; above or below the Minimum Amount Due) remaining unpaid as on a Payment Due Date then such outstandings shall bear and carry a interest charge in addition to a late payment charge (if applicable). The interest charge levied may be Card type or Cardholder-specific and may be based on usage and payment patterns. The Bank will disclose the interest charge applicable to the Cardholder either in the schedule of charges; monthly statement; e-mail notification or letter to mailing address or any other promotional material deemed suitable by the Bank. However, this interest charge is liable to change without notice and will apply at such rates as IndusInd Bank may from time-to-time decide from either of the following events. 27.9.1 The interest charge and other applicable charges will continue to accrue even after the termination of this Agreement or closure of the Card Account until the outstanding balance on the Card account is cleared in full. 27.9.2 If the Cardholder makes a payment less than the total closing balance, the entire outstanding from the date of billing will attract a interest charge. All Card Transactions incurred after the billing date but not included in the statement will also attract interest charge from the date that such transactions are effected by the Cardholder. This interest charge will be calculated on the daily balance and will be billed in the monthly statement along with applicable taxes . A Service Charge will be raised on the amount carried forward (difference between 'Total Amount Due' and the amount paid) until payment of the entire amount. Please note that making only the minimum payment every month would result in the repayment stretching over a period of time with consequent interest payment on your outstanding balance. Interest Calculation Example – If the statement cycle is 25 of every month and the January statement has one transaction: transaction꞉ 14 January Shoppers Stop ₹10,000/-. The outstanding balance on 25 January is ₹10,000/-. If the complete payment is made before 14 February, no interest shall be levied. However, if a part payment of ₹7,000/- is made on 10 February, then interest will be calculated as below: below꞉ 1. Interest on ₹10,000 from 14 January - 25 January (11 days) = ₹10,000 x 3.83% x 12/365 x 11 = ₹138.51 2. Interest on statement balance as per 25 statement from 25 January- 10 January-10 February (16 days) = ₹10,000 x 3.83% x 12/365 x 16 = ₹201.47 3. Interest on outstanding balance of ₹3,000 from 10 February - 25 February (15 days) = ₹3,000 x 3.83% x 12/365 x 15 = ₹56.66 4. Total interest as per 25 February statement = ₹138.51 + ₹201.47 + ₹56.66 = ₹396.64 Please note in the above illustration interest has been calculated at 3.83% p.m. 27.9.1.1 27.9.2.1 Any portion of the 'Minimum Amount Due' remaining unpaid shall be carried forward and added on to the 'Minimum Amount Due' for the next Monthly Statement and bear and carry a interest charge as described above. 27.9.1.2 27.9.2.2 In case the 'Minimum Amount Due' or any portion of this amount is unpaid before the 'Payment Due Date', a late payment charge and taxes as applicable will also be levied. This late payment charge is disclosed in the schedule of charges and is subject to change. Any Minimum Amount Due or portion thereof that has been paid, shall cease to carry the interest charge after the date of receipt of payment by IndusInd Bank. 27.9.2 27.9.3 All cash advances will be subject to a interest charge, from the date of the cash advance up to the date of receipt of total payment towards the cash advance by the Bank. 27.10 The monthly interest charges may increase up to a maximum rate of 4% per month or such interest charge as determined by the Bank from time-to-time if the Cardholder does not pay by the 'Payment Due Date' or exceeds his prescribed Credit Limit or in the event of a returned Cheque/ any other instrument of payment. 27.11 All cash transactions incurred by the use of the Card shall bear and carry a transaction fee and a interest charge (if applicable) at the rate determined by the Bank from time-time- to-time. 27.12 The exchange rate used for all foreign currency transactions will be decided by the Bank and will be binding on the Cardholder. 27.13 In the event that the total outstanding exceeds the Credit Limit, an additional charge will be levied on the total outstanding exceeding the Credit Limit. This charge is disclosed in the schedule of charges and is liable to change without notice and will apply at such rates as IndusInd Bank may from time-to-time decide. 27.14 Charges and fees, as may be applicable from time-to- to-time, are payable by Cardholders for defaults committed by him, with reference to his Cardholder Account or for specific services provided by IndusInd Bank to the Cardholder. 27.15 The Cardholder recognises and agrees that IndusInd Bank retains the absolute right and discretion to alter such charges or fees from time-to-time or to introduce any new charges or fees, as it may deem appropriate, with due intimation to the Cardholder. 27.16 Subject to the terms and conditions stated here in above, a schedule of the charges that may presently be levied by the Bank on the Cardholder will be provided from time-to-to- time.

Charges and Fee. 27.1 28.1 The Bank will charge a joining/annual fee plus applicable taxes in respect of all primary and Add-on Card(s) issued. This fee will be debited to the Card Account of the Cardholder(s). The amount of joining/annual fee applicable will be informed by the Bank to the Cardholder from time-to-time. 27.2 28.2 The Bank reserves the right at any time to charge the Cardholder for the issue, re-issue of the Card or PIN(s), Cards issued with a picture/photograph, and for issue of any Add-On Card(s) as notified from time-to-time and/or any fees/charges for the transactions carried out on the Card. Details of applicable fees and charges can be obtained from the Bank and are subject to change from time-to-time. 27.3 28.3 Subject to the discretion of the Bank, the interest charge- charge-free credit period could range up to 50 days based on the dates of Card Transaction posting and payment behaviour of the Cardholder. The Cardholder agrees that the said interest chargefree credit period will not be applicable in the event the Cardholder is unable to clear the previous month's balance in full or if the Cardholder has availed of a cash advance. 27.4 28.4 Any such fees and charges will be deducted automatically from the Card Account at the time the fee or charge is incurred/billed. 27.5 28.5 The Cardholder should be advised that some ATM owners or operators of shared networks may impose an additional charge for each use of their ATM/other device, and any such charge along with other applicable fees/charges will be deducted from the Card Account. 27.6 28.6 Any government charges, duty or debits, or tax payable as a result of the use of the Card shall be the Cardholder's responsibility and if imposed upon him (either directly or indirectly), the Bank shall debit such charges, duty or tax against the Card Account(s). 27.7 28.7 The Cardholder authorises the Bank to deduct from his Card Account, and indemnifies the Bank against any costs, charges and expenses that the Bank may incur in collecting money the Cardholder owes the Bank in connection with his Card (including without limitation reasonable attorney's fees to the extent permitted by law). 27.8 28.8 IndusInd Bank may choose to waive all or any fees/charges for certain Cardholders or for a certain period of time. The Cardholder agrees that this does not give the Cardholder any implicit right for the waiver of any fee/charge and such waiver will be provided at the sole discretion of the Bank. 27.9 28.9 Notwithstanding that the Cardholder shall become liable to pay immediately for a transaction incurred, which has been incurred with the use of the Card, if there are any outstandings (whether billed or not; above or below the Minimum Amount Due) remaining unpaid as on a Payment Due Date then such outstandings shall bear and carry a interest charge in addition to a late payment charge (if applicable). The interest charge levied may be Card type or Cardholder-specific and may be based on usage and payment patterns. The Bank will disclose the interest charge applicable to the Cardholder either in the schedule of charges; monthly statement; e-mail notification or letter to mailing address or any other promotional material deemed suitable by the Bank. However, this interest charge is liable to change without notice and will apply at such rates as IndusInd Bank may from time-to-time decide from either of the following events. 27.9.1 28.9.1 The interest charge and other applicable charges will continue to accrue even after the termination of this Agreement or closure of the Card Account until the outstanding balance on the Card account is cleared in full. 28.9.2 If the Cardholder makes a payment less than the total closing balance, the entire outstanding from the date of billing will attract a interest charge. All Card Transactions incurred after the billing date but not included in the statement will also attract interest charge from the date that such transactions are effected by the Cardholder. This interest charge will be calculated on the daily balance and will be billed in the monthly statement along with applicable taxes . A Service Charge will be raised on the amount carried forward (difference between 'Total Amount Due' and the amount paid) until payment of the entire amount. Please note that making only the minimum payment every month would result in the repayment stretching over a period of time with consequent interest payment on your outstanding balance. Interest Calculation Example – If the statement cycle is 25 of every month and the January statement has one transaction: 14 January Shoppers Stop ₹10,000/-. The outstanding balance on 25 January is ₹10,000/-. If the complete payment is made before 14 February, no interest shall be levied. However, if a part payment of ₹7,000/- is made on 10 February, then interest will be calculated as below: 1. Interest on ₹10,000 from 14 January - 25 January (11 days) = ₹10,000 x 3.83% x 12/365 x 11 = ₹138.51 2. Interest on statement balance as per 25 statement from 25 January- 10 January-10 February (16 days) = ₹10,000 x 3.83% x 12/365 x 16 = ₹201.47 3. Interest on outstanding balance of ₹3,000 from 10 February - 25 February (15 days) = ₹3,000 x 3.83% x 12/365 x 15 = ₹56.66 4. Total interest as per 25 February statement = ₹138.51 + ₹201.47 + ₹56.66 = ₹396.64 Please note in the above illustration interest has been calculated at 3.83% p.m. 27.9.1.1 Any portion of the 'Minimum Amount Due' remaining unpaid shall be carried forward and added on to the 'Minimum Amount Due' for the next Monthly Statement and bear and carry a interest charge as described above. 27.9.1.2 In case the 'Minimum Amount Due' or any portion of this amount is unpaid before the 'Payment Due Date', a late payment charge and taxes as applicable will also be levied. This late payment charge is disclosed in the schedule of charges and is subject to change. Any Minimum Amount Due or portion thereof that has been paid, shall cease to carry the interest charge after the date of receipt of payment by IndusInd Bank. 27.9.2 All cash advances will be subject to a interest charge, from the date of the cash advance up to the date of receipt of total payment towards the cash advance by the Bank. 27.10 The monthly interest charges may increase up to a maximum rate of 4% per month or such interest charge as determined by the Bank from time-to-time if the Cardholder does not pay by the 'Payment Due Date' or exceeds his prescribed Credit Limit or in the event of a returned Cheque/ any other instrument of payment. 27.11 All cash transactions incurred by the use of the Card shall bear and carry a transaction fee and a interest charge (if applicable) at the rate determined by the Bank from time-to-time. 27.12 The exchange rate used for all foreign currency transactions will be decided by the Bank and will be binding on the Cardholder. 27.13 In the event that the total outstanding exceeds the Credit Limit, an additional charge will be levied on the total outstanding exceeding the Credit Limit. This charge is disclosed in the schedule of charges and is liable to change without notice and will apply at such rates as IndusInd Bank may from time-to-time decide. 27.14 Charges and fees, as may be applicable from time-to- time, are payable by Cardholders for defaults committed by him, with reference to his Cardholder Account or for specific services provided by IndusInd Bank to the Cardholder. 27.15 The Cardholder recognises and agrees that IndusInd Bank retains the absolute right and discretion to alter such charges or fees from time-to-time or to introduce any new charges or fees, as it may deem appropriate, with due intimation to the Cardholder. 27.16 Subject to the terms and conditions stated here in above, a schedule of the charges that may presently be levied by the Bank on the Cardholder will be provided from time-to-time.56.66

Charges and Fee. 27.1 The Bank will charge a joining/annual fee plus applicable taxes in respect of all primary and Add-on Card(s) issued. This fee will be debited to the Card Account of the Cardholder(s). The amount of joining/annual fee applicable will be informed by the Bank to the Cardholder from time-to-time. 27.2 The Bank reserves the right at any time to charge the Cardholder for the issue, re-issue of the Card or PIN(s), Cards issued with a picture/photograph, and for issue of any Add-On Card(s) as notified from time-to-time and/or any fees/charges for the transactions carried out on the Card. Details of applicable fees and charges can be obtained from the Bank and are subject to change from time-to-time. 27.3 Subject to the discretion of the Bank, the interest charge- charge-free credit period could range up to 50 days based on the dates of Card Transaction posting and payment behaviour of the Cardholder. The Cardholder agrees that the said interest chargefree credit period will not be applicable in the event the Cardholder is unable to clear the previous month's balance in full or if the Cardholder has availed of a cash advance. 27.4 Any such fees and charges will be deducted automatically from the Card Account at the time the fee or charge is incurred/billed. 27.5 The Cardholder should be advised that some ATM owners or operators of shared networks may impose an additional charge for each use of their ATM/other device, and any such charge along with other applicable fees/charges will be deducted from the Card Account. 27.6 Any government charges, duty or debits, or tax payable as a result of the use of the Card shall be the Cardholder's responsibility and if imposed upon him (either directly or indirectly), the Bank shall debit such charges, duty or tax against the Card Account(s). 27.7 The Cardholder authorises the Bank to deduct from his Card Account, and indemnifies the Bank against any costs, charges and expenses that the Bank may incur in collecting money the Cardholder owes the Bank in connection with his Card (including without limitation reasonable attorney's fees to the extent permitted by law). 27.8 IndusInd Bank may choose to waive all or any fees/charges for certain Cardholders or for a certain period of time. The Cardholder agrees that this does not give the Cardholder any implicit right for the waiver of any fee/charge and such waiver will be provided at the sole discretion of the Bank. 27.9 Notwithstanding that the Cardholder shall become liable to pay immediately for a transaction incurred, which has been incurred with the use of the Card, if there are any outstandings (whether billed or not; above or below the Minimum Amount Due) remaining unpaid as on a Payment Due Date then such outstandings shall bear and carry a interest charge in addition to a late payment charge (if applicable). The interest charge levied may be Card type or Cardholder-specific and may be based on usage and payment patterns. The Bank will disclose the interest charge applicable to the Cardholder either in the schedule of charges; monthly statement; e-mail notification or letter to mailing address or any other promotional material deemed suitable by the Bank. However, this interest charge is liable to change without notice and will apply at such rates as IndusInd Bank may from time-to-time decide from either of the following events. 27.9.1 If the Cardholder makes a payment less than the total closing balance, the entire outstanding from the date of billing will attract a interest charge. All Card Transactions incurred after the billing date but not included in the statement will also attract interest charge from the date that such transactions are effected by the Cardholder. This interest charge will be calculated on the daily balance and will be billed in the monthly statement along with applicable taxes . A Service Charge will be raised on the amount carried forward (difference between 'Total Amount Due' and the amount paid) until payment of the entire amount. Please note that making only the minimum payment every month would result in the repayment stretching over a period of time with consequent interest payment on your outstanding balance. Interest Calculation Example – If the statement cycle is 25 of every month and the January statement has one transaction: 14 January Shoppers Stop ₹10,000/-. The outstanding balance on 25 January is ₹10,000/-. If the complete payment is made before 14 February, no interest shall be levied. However, if a part payment of ₹7,000/- is made on 10 February, then interest will be calculated as below: 1. Interest on ₹10,000 from 14 January - 25 January (11 days) = ₹10,000 x 3.83% x 12/365 x 11 = ₹138.51 2. Interest on statement balance as per 25 statement from 25 January- 10 January-10 February (16 days) = ₹10,000 x 3.83% x 12/365 x 16 = ₹201.47 3. Interest on outstanding balance of ₹3,000 from 10 February - 25 February (15 days) = ₹3,000 x 3.83% x 12/365 x 15 = ₹56.66 4. Total interest as per 25 February statement = ₹138.51 + ₹201.47 + ₹56.66 = ₹396.64 Please note in the above illustration interest has been calculated at 3.83% p.m. 27.9.1.1 Any portion of the 'Minimum Amount Due' remaining unpaid shall be carried forward and added on to the 'Minimum Amount Due' for the next Monthly Statement and bear and carry a interest charge as described above. 27.9.1.2 In case the 'Minimum Amount Due' or any portion of this amount is unpaid before the 'Payment Due Date', a late payment charge and taxes as applicable will also be levied. This late payment charge is disclosed in the schedule of charges and is subject to change. Any Minimum Amount Due or portion thereof that has been paid, shall cease to carry the interest charge after the date of receipt of payment by IndusInd Bank. 27.9.2 All cash advances will be subject to a interest charge, from the date of the cash advance up to the date of receipt of total payment towards the cash advance by the Bank. 27.10 The monthly interest charges may increase up to a maximum rate of 4% per month or such interest charge as determined by the Bank from time-to-time if the Cardholder does not pay by the 'Payment Due Date' or exceeds his prescribed Credit Limit or in the event of a returned Cheque/ any other instrument of payment. 27.11 All cash transactions incurred by the use of the Card shall bear and carry a transaction fee and a interest charge (if applicable) at the rate determined by the Bank from time-to-time. 27.12 The exchange rate used for all foreign currency transactions will be decided by the Bank and will be binding on the Cardholder. 27.13 In the event that the total outstanding exceeds the Credit Limit, an additional charge will be levied on the total outstanding exceeding the Credit Limit. This charge is disclosed in the schedule of charges and is liable to change without notice and will apply at such rates as IndusInd Bank may from time-to-time decide. 27.14 Charges and fees, as may be applicable from time-to- to-time, are payable by Cardholders for defaults committed by him, with reference to his Cardholder Account or for specific services provided by IndusInd Bank to the Cardholder. 27.15 The Cardholder recognises and agrees that IndusInd Bank retains the absolute right and discretion to alter such charges or fees from time-to-time or to introduce any new charges or fees, as it may deem appropriate, with due intimation to the Cardholder. 27.16 Subject to the terms and conditions stated here in above, a schedule of the charges that may presently be levied by the Bank on the Cardholder will be provided from time-to-time.