The Coral Plus fee refers to the charges associated with the Coral Plus Debit Card, encompassing a monthly fee, an annual total fee, and a specific cancellation fee. All listed fees are subject to an additional 18% Goods and Services Tax (GST).
The primary fee structure for the Coral Plus Debit Card is as follows:
- Monthly Fee: A charge of Rs. 249/- is applied every month. This amount is exclusive of GST, meaning 18% GST will be added to this monthly charge.
- Annual Fee: For those looking at the total cost over a year, the fee payable is Rs. 2,988. Similar to the monthly fee, 18% GST is additionally applied to this annual sum.
- Cancellation Fee: A specific fee is levied if the card is cancelled prematurely. If the Coral Plus Debit Card is cancelled within six months of its issuance, a cancellation fee of Rs. 249 plus 18% GST will be charged.
To provide a clearer overview, the fees can be summarized in the table below:
| Fee Type | Amount (Excluding GST) | Additional Charges | Conditions |
|---|---|---|---|
| Monthly Fee | Rs. 249/- | 18% GST | Charged every month |
| Annual Fee | Rs. 2,988 | 18% GST | Total fee payable for a year |
| Cancellation Fee | Rs. 249 | 18% GST | Applicable if card cancelled within 6 months of issuance |
