Canara-Rupay-Select-Secured-Credit-Card
Canara Bank
Last updated: Nov 29, 2025
₹0
₹0
Free
10 visits/yr
Contents
Canara Bank's RuPay Select Secured Credit Card is a secured card backed by a fixed deposit that suits customers building credit or seeking a low-fee rewards card. It offers reward points on all purchases, complimentary domestic and international lounge access, and NPCI-backed offers (concierge, insurance and merchant discounts). The card is lifetime-free (no joining or annual fee) and supports international activation via netbanking; it also includes small, targeted cashback programs for utilities and dining.
Features of Canara-Rupay-Select-Secured-Credit-Card which makes it unique
Secured Card Backed by Fixed Deposit
Card limit is secured by an FD held with Canara Bank, making it suitable for credit-building customers or those with limited credit history.
Helps build credit history with minimal approval friction.
Safer onboarding compared with unsecured cards for new-to-credit users.
NPCI / RuPay Offers & Concierge
Access to NPCI-provided merchant offers, concierge services and insurance program.
Added lifestyle and travel value without high fees.
Offers similar to other RuPay Select-tier cards but with secured-card accessibility.
Rewards Structure of Canara-Rupay-Select-Secured-Credit-Card
Base
baseAll purchases (PoS and e-commerce)
Base earn rate: 2 reward points per ₹100. 1 reward point = ₹0.25 at standard redemption.
Utilities
baseUtility bill payments (online and PoS)
Limited-time NPCI/Canara offers; subject to change.
Dining
baseEating places & restaurants
Cap and merchant list per bank/NPCI offers.
Fees & Charges of Canara-Rupay-Select-Secured-Credit-Card
| Fee & Amount | Fee Value |
|---|---|
| Joining Fee | 0 |
| Annual Fee | 0 |
| Forex Markup Fee | 0 |
| Cash Advance Fee | 0 |
| Late Payment Fee | ₹250 |
| Over Limit Fee | ₹500 |
| Returned Payment Fee | ₹350 |
| Cash Withdrawal Fee | 0% |
Renewal Conditions:Lifetime free card (no annual fee/enrollment fee).
Fee Explanation All fees/charges are subject to GST and may change; late-payment attracts ₹250 + GST plus finance charges (2.5% p.m.). See bank MITC for full details.
Detailed Explanation of Canara-Rupay-Select-Secured-Credit-Card Fees
Enrollment / Joining Fee: 0 (one-time)
Nil (lifetime free).
Annual Fee: 0 (yearly)
Nil (lifetime free).
Cash Withdrawal / Cash Advance: 3% (transaction)
Minimum ₹30 per ₹1,000 or part thereof.
Late Payment Fee: ₹250 + GST (per incident)
Applies when minimum due not paid by due date; finance charges apply on carried balance.
Inactivity Fee: ₹300 (yearly)
If annual card turnover is below ₹1,00,000 per year.
Lounge Access Benefits with Canara-Rupay-Select-Secured-Credit-Card
domestic Lounges
silverVisits per year: 8
Guest access: No
Two free accesses per quarter for the primary cardholder; covers selected domestic lounges (approx. 30 lounges across 11 cities).
international Lounges
silverVisits per year: 2
Guest access: No
Two free international lounge accesses per year; access network covers 500+ lounges globally via NPCI/RuPay programs.
Insurance Coverage with Canara-Rupay-Select-Secured-Credit-Card
Accident Insurance (NPCI RuPay Insurance Program)
₹10,00,000Personal accident cover as per NPCI program; exact benefits subject to T&C.
Purchase Protection / Baggage Insurance
₹25,000Purchase protection and baggage cover limits as listed on Canara Bank product page.
Additional Features of Canara-Rupay-Select-Secured-Credit-Card
Contactless Payments
Tap-and-pay enabled for contactless PoS transactions
Add-on Cards
Up to 4 add-on cards may be issued without extra charges
Add-on issuance subject to bank's approval.
International Activation
Activate global usage via netbanking/mobile banking or branch visit
Required before using card internationally.
Welcome Bonus with Canara-Rupay-Select-Secured-Credit-Card
Welcome Bonus: NA
Bonus Conditions: Bank lists limited welcome offers (₹500 Croma voucher, Apollo discount, Snapdeal ₹100 off on first two transactions) — subject to Canara Bank and NPCI T&C. See official Canara Bank page for exact eligibility and validity.
Application Process for Canara-Rupay-Select-Secured-Credit-Card
Processing Time
7-10 business days
Online Application
Available
Instant Approval
Not Available
Step-by-Step Process
Apply online via Canara Bank portal / pre-approved online link or visit branch for secured application.
Open fixed deposit (if required) or link existing FD as security.
Upload KYC and identity documents; complete verification.
Receive card dispatch confirmation; physical card delivered within 7–10 business days after approval.
Required Documents for Canara-Rupay-Select-Secured-Credit-Card
ID Proof
allAccepted documents:
Address Proof
allAccepted documents:
Income Proof
applicable casesAccepted documents:
Canara-Rupay-Select-Secured-Credit-Card Merchant Acceptance Network
Domestic Acceptance
Wide coverage across India (PoS, e-commerce).
International Acceptance
Accepted internationally after activation via netbanking/mobile banking or branch.
Online Acceptance
Yes (e-commerce transactions allowed).
Payment Technologies
Mobile Wallet Support:
Excluded Merchants
Eligibility Criteria for Canara-Rupay-Select-Secured-Credit-Card
Quick Eligibility Check
Minimum Age
18+
Credit Score
650+
Citizenship
Indian only
Income Requirements
Salaried Applicants
₹4,000
Minimum annual income
Self-Employed Applicants
₹1,000,000
Minimum annual income
Who Can Apply
Important Conditions
- Secured by fixed deposit; customer must complete KYC with PAN and Aadhaar. International usage must be activated via netbanking/mobile banking or branch.
How Approval Is Decided
- Secured FD deposit or existing relationship with Canara Bank.
- KYC complete (PAN, Aadhaar).
- Minimum income / eligibility as per bank norms; credit profile evaluated for unsecured upgrade.
Pros of Canara-Rupay-Select-Secured-Credit-Card
- No joining/annual fee — lifetime free.
- Simple reward structure (2 pts/₹100) with redeemable value.
- Complimentary lounge access and NPCI insurance benefits.
Cons of Canara-Rupay-Select-Secured-Credit-Card
- Low redemption value (1 pt = ₹0.25) compared with premium reward cards.
- Cashback caps are small (₹50/month) — limited high-value benefits.
- Secured nature requires FD block, reducing liquidity.
Frequently Asked Questions about Canara-Rupay-Select-Secured-Credit-Card
Is there a joining or annual fee?
No — the Canara RuPay Select Secured Credit Card has no joining or annual fee (lifetime free).
What is the reward rate and redemption value?
Earn 2 reward points for every ₹100 spent (PoS & e-commerce). Standard redemption value is 1 point = ₹0.25.
How many complimentary lounge visits are included?
Domestic: two free accesses per quarter (primary cardholder). International: two free accesses per year (primary cardholder).
Is this a secured card? How does the security deposit work?
Yes. The card is issued against a fixed deposit (FD) with Canara Bank. The FD amount typically determines the credit limit; FD is blocked as security until card closure.
Are there any special cashback offers?
Yes. There are 5% cashback offers on utility bill payments and on dining, each capped at ₹50 per month. Offers are provided via NPCI/Canara promotions and subject to change.
What are the cash withdrawal charges?
Cash withdrawal (card cash advance) is charged at 3% of the transaction amount, subject to a minimum of ₹30 per ₹1,000 or part thereof.
How do I activate international usage?
Activate international/global usage through Canara netbanking, mobile banking or by visiting your base branch before travelling.
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