Glossary term
Over-Limit Fee
An over-limit fee is charged when a cardholder’s balance exceeds their credit limit, capped at Rs. 500 per instance in India.
Related terms
- Over-Limit Fee Cap
Maximum fee for exceeding credit limit.
- Over-Limit Opt-In
Consent for allowing over-limit transactions.
- Over-Limit Opt-Out
Declining consent for over-limit transactions.