Benefits of the Federal Bank HPCL Visa Credit Card

• Fuel Surcharge Waiver: The 1% fuel surcharge waiver on transactions between ₹400 and ₹4,000 at HPCL petrol pumps is a significant benefit for frequent drivers. For example, a monthly fuel spend of ₹4,000 could save ₹40 per transaction, adding up to ₹480 annually if utilized monthly. This waiver is applied automatically when swiping the card at HPCL pumps, reducing the effective cost of fuel.
• Accelerated Fuel Rewards: The card offers 3x reward points on fuel purchases at HPCL outlets, translating to a higher return on every rupee spent. For instance, spending ₹1,000 on fuel earns 30 reward points (valued at ₹7.50), which can be redeemed for fuel credits or other rewards. This benefit is particularly valuable for commuters or long-distance travelers who refuel regularly.

How to Apply for the Federal Bank HPCL Visa Credit Card

• Online Application via Federal Bank Website:
  • Visit Federal Bank’s official website and go to the ‘Credit Cards’ section.
  • Select the HPCL Visa Credit Card and click ‘Apply Now’ to begin the application.
  • Enter your personal, employment, and income details accurately.
  • Upload scanned copies of the required documents (PDF/JPEG, max 2MB each).
  • Complete the video KYC (vKYC) if you are a new customer.
  • Submit the application and note the reference number for status tracking.
• Application via FedMobile App:
  • Log in using your FedMobile credentials.
  • Navigate to the ‘Cards’ section and select the HPCL Visa Credit Card.
  • Fill in the required details and upload documents digitally.
  • Complete vKYC directly within the app, if applicable.
  • Track your application in real time.
• Branch-Based Application:
  • Visit the nearest Federal Bank branch and request the HPCL Visa Credit Card form.
  • Fill in all details and submit with self-attested copies of identity, address, and income proof.
  • Carry originals for verification.
  • Bank staff will help with submission and initial checks.
• Customer Care Assisted Application:
  • Call toll-free 8885545255 for guided support.
  • Representative will assist with eligibility checks and document submission methods.
• Eligibility Criteria:
  • Age: 21–65 years for unsecured cards; 18+ for secured (FD-backed) cards.
  • Income: ₹3.6 lakh p.a. for salaried; self-employed must show stable income through ITRs.
  • Credit Score: Preferred CIBIL score of 750+; leniency for existing Federal Bank customers.
  • Nationality: Resident Indians and NRIs with valid documentation can apply.
• Required Documents:
  • Identity Proof: Aadhaar, PAN, Passport, Voter ID, Driving License.
  • Address Proof: Utility bills, Aadhaar, Passport, Rental Agreement, Bank statement.
  • Income Proof:
    • Salaried: Last 3 salary slips, Form 16, 3-month salary account statement.
    • Self-Employed: ITRs (2 years), audited financials, 6-month bank statement.
  • Others: 2 recent passport-size photographs, existing credit card statements (if any).
• Application Review and Approval:
  • Federal Bank verifies all details, credit history, and documents.
  • Processing typically takes 7–10 working days.
  • Get updates via email, SMS, or through the FedMobile app.
• Tracking Application Status:
  • Track online using your application ID, PAN, or mobile number.
  • Use the FedMobile app or call customer care for real-time updates.
• Card Activation:
  • Activate via FedMobile app, internet banking, or customer care helpline.
  • Set a secure PIN for all transaction modes (ATM, POS, UPI).

Eligibility Criteria for the Federal Bank HPCL Visa Credit Card

• Age Requirements:
  • Primary Cardholder: Must be at least 21 years old and not older than 65 years.
  • Add-On Cardholders: Must be at least 18 years old. Applicable for immediate family members.
• Income Requirements:
  • Salaried Individuals: Minimum annual income of ₹5 lakh is typically expected.
  • Self-Employed Professionals: Annual income of at least ₹6 lakh, supported by business or professional documents.
• Employment Status:
  • Salaried: Should have at least 1 year of continuous employment with the current employer.
  • Self-Employed: Business or professional practice must be operational for a minimum of 2 years.
• Residency and Nationality:
  • Indian Residents: Must reside in a Federal Bank serviceable location with verifiable address proof.
  • NRIs: Eligible if maintaining an NRE/NRO account and submitting required supporting documents.
• Credit Profile:
  • Credit Score: A score of 700 or above is preferred, based on credit reports from CIBIL/Experian.
  • Limited History: Applicants with no credit score may still qualify if income and stability are proven.
• Banking Relationship:
  • Existing Federal Bank customers with savings accounts, FDs, or loans may have enhanced approval chances.
  • Maintaining a fixed deposit of ₹25,000+ may strengthen eligibility (especially for secured card variants).
• Debt-to-Income Ratio:
  • A DTI ratio below 40% is generally preferred to ensure creditworthiness and repayment capability.
• Geographic Eligibility:
  • Applicants must reside in a city/region covered by Federal Bank’s branch network.
  • Applicants in non-serviceable areas may be disqualified or asked to provide an alternate address.
• KYC Compliance:
  • Aadhaar and PAN are mandatory.
  • NRIs may need to provide a valid passport and visa or PIO/OCI card.
• How to Check Eligibility:
  • Use the Federal Bank website or visit a nearby branch.
  • Applicants can input age, income, and job type to receive instant eligibility feedback.
• Educational Background:
  • Graduation or equivalent education is preferred, especially for salaried applicants in formal employment.
• Existing Loan Repayment History:
  • Applicants must not have any current loan defaults or recent missed EMIs/credit card dues.
• Mobile and Email Verification:
  • Applicants must provide an active mobile number and email ID for communication and KYC verification.
• Document Authenticity:
  • All submitted documents must be current, valid, and verifiable. Forged or outdated documents may lead to rejection.