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Build or improve your credit history with the IOB ZET Credit Card, a lifetime-free FD-backed RuPay credit card that offers UPI payments, cashback, and exclusive partner discounts.
Last updated on: Aug 06, 2026
Getting approved for a credit card can be difficult if you have a limited credit history or a low credit score. The IOB ZET Credit Card is a secured credit card backed by a fixed deposit (FD), making it easier to access credit while building your credit profile.
Issued by Indian Overseas Bank (IOB) in partnership with ZET, this RuPay credit card comes with easy approval against the required FD, no income proof requirement, and a fully digital application process. You can link it to UPI apps, earn cashback on eligible spends, enjoy exclusive brand offers, and continue earning interest on your fixed deposit.
The IOB ZET Credit Card combines the convenience of a RuPay credit card with the security of a fixed deposit.
Here are the key highlights of this card:
| Particulars | Details |
|---|---|
Card Type |
Secured RuPay Credit Card |
Minimum FD Requirement |
₹2,500 |
Joining Fee |
Nil |
Annual Fee |
Nil |
UPI Compatibility |
Can be linked across supported UPI apps |
Interest-free Period |
Up to 45 days |
Application Process |
Fully digital |
Key Benefit |
Guaranteed approval against the required FD |
Disclaimer: The above-mentioned details are subject to change at the issuer’s discretion. Check the issuer’s official website before applying.
The IOB ZET Credit Card combines credit-building features with rewards and everyday savings. Here are the benefits you can enjoy:
Get a credit card against a fixed deposit of ₹2,500. You do not need income proof, making it suitable for individuals with limited or no credit history.
Use your card responsibly and make timely repayments to establish or improve your credit profile over time.
Link the card to supported UPI apps and make seamless payments at stores, online merchants, and service providers.
Earn 2% cashback on eligible UPI transactions through ZET with a ₹3 per day subscription. The combined cashback limit can go up to ₹500 per month, subject to applicable terms.
Get 5% cashback on Amazon Pay and Flipkart vouchers and up to 15% cashback on vouchers from 80+ participating brands, including Domino's and Nykaa.
Save on everyday spending with offers on leading brands such as Swiggy, Zomato, Swiggy Instamart, BookMyShow, and AbhiBus.
Enjoy the card without paying any joining, annual, or renewal fees.
Manage your expenses with an interest-free period of up to 45 days on eligible transactions.
Your fixed deposit continues to earn up to 7% interest while supporting your credit card account. This helps you build credit while your savings continue to grow.
Complete the application journey online in approximately 10 minutes, from verification and FD creation to video KYC and card activation.
You can also get a physical card when you maintain a fixed deposit of ₹5,000 or above.
The IOB ZET Credit Card is designed for individuals looking to access credit and build their credit history.
Here are the eligibility criteria and user profiles suited for this card:
Individuals with low or no credit history, typically those with a CIBIL score below 700
Individuals between 18 and 65 years of age
Individuals with a monthly income below ₹60,000
Salaried as well as self-employed individuals
Urban and semi-urban users comfortable with digital onboarding
Customers who may have faced challenges obtaining unsecured credit products
Users seeking to establish credit history and gain access to future credit opportunities
The application process is completely digital and requires minimal documentation. Here are the documents required to apply:
| Document | Purpose |
|---|---|
Original PAN Card |
Required during the Video KYC (VKYC) process |
Aadhaar |
Required for identity verification during the application journey |
Note: No income proof, salary slips, bank statements, or other physical documents need to be submitted. The entire application process is completed online.
Before applying, it is important to understand the fees, charges, and payment-related terms associated with the IOB ZET Credit Card. Here are the key charges applicable to the card:
| Particulars | Details |
|---|---|
Joining Fee |
Nil |
Annual Fee |
Nil |
Free Physical Card Criteria |
Available when the cumulative FD amount is ₹5,000 or above |
Cash Advance Fee |
3.5% of the withdrawn amount |
Forex Mark-up Fee |
2.49% of the international transaction amount |
Fuel Surcharge |
1% of the transaction amount |
PIN Replacement Charges |
Nil |
Card Replacement Charges |
₹199 per card + GST |
Card Closure Charges |
₹499 + GST if the card is closed within 1 year of issuance |
Over-limit Charges |
Nil |
Interest-free Period |
20 to 50 days, subject to transaction date and merchant claim submission |
Minimum Amount Due |
5% of cash advance amount + 5% of POS/E-commerce/UPI spends + 100% of applicable interest and charges (minimum ₹100) |
Finance Charges |
3.25% per month (39% per annum) |
Late Payment Fee (Outstanding ₹1 to ₹1,000) |
₹99 + GST |
Late Payment Fee (Outstanding ₹1,001 to ₹5,000) |
₹199 + GST |
Late Payment Fee (Outstanding ₹5,001 and Above) |
₹299 + GST |
Supplementary Card Fee |
Not Applicable |
Note: A GST of 18% is applicable on the above-mentioned charges.
Disclaimer: These fees and charges are also subject to change at the discretion of the issuer. Before applying, check the issuer’s Most Important Terms and Conditions (MITC) document to verify.
Applying for the IOB ZET Credit Card is simple and completely digital. Here are the steps to get started:
Click on ‘Check Card Offer’ and enter the required details
Verify your mobile number and email ID
Complete your PAN and Aadhaar verification
Create a fixed deposit of at least ₹2,500
Complete the Video KYC (VKYC) process using your original PAN card
Download the ZET app and provide any additional details required to complete your application
Once verification is successful, your card will be activated and ready to use
You can complete the application journey online in approximately 10 minutes, making it easy to start building your credit history and enjoying the card's benefits.
You can save on food delivery, entertainment, and travel bookings with exclusive merchant offers. Here are the currently available offers:
| Partner | Discount | Conditions |
|---|---|---|
Swiggy Food |
Flat ₹100 off |
Valid on orders of ₹500 or more; once per customer per month |
Swiggy Instamart |
Flat ₹100 off |
Valid on orders of ₹1,000 or more; once per customer per month |
Zomato |
Flat ₹100 off |
Valid on orders of ₹500 or more; once per customer per month |
BookMyShow |
Flat ₹100 off |
Valid on movie ticket bookings of ₹1,000 or more; once per user per month |
AbhiBus |
Flat ₹100 off |
Valid on bus bookings of ₹500 or more; once per customer per month |
Disclaimer: These offers are subject to change. Please check the latest terms and conditions before availing of any offer.
If you need assistance with your IOB ZET Credit Card application, account-related queries, or service requests, you can contact ZET customer support through the following channels:
| Particulars | Details |
|---|---|
Customer Support Email |
care@zetapp.in |
Grievance Redressal Officer |
Mohan Singhal |
Contact Number |
8860052156 |
Email ID |
mohan.singhal@zetapp.in |
You can also reach out to the support team through the ZET app for assistance related to your card, fixed deposit, account management, and other service requests.
Disclaimer
Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.
Reviewer
You need to create a fixed deposit of at least ₹2,500 to apply for the IOB ZET Credit Card.
Yes. The IOB ZET Credit Card comes with no joining fee, annual fee, or renewal fee.
No. Income proof is not required to apply for the card.
The card is suitable for individuals with low or no credit history, salaried and self-employed individuals, and those looking to build or improve their credit profile.
You need a PAN card and Aadhaar for verification. You must also show your original PAN card during the Video KYC (VKYC) process.
Yes. The entire application process is digital, including verification, FD creation, Video KYC, and card activation.
Yes. This is a RuPay credit card that can be linked to supported UPI apps for seamless payments.
You can earn 2% cashback on eligible UPI transactions through ZET with a ₹3 per day subscription, subject to applicable cashback limits.
You can earn 5% cashback on Amazon Pay and Flipkart vouchers and up to 15% cashback on vouchers from select partner brands, including Domino's and Nykaa.
The standard monthly cashback limit is ₹250 through voucher purchases. With the ₹3 per day subscription, the combined cashback limit increases to ₹500 per month, including cashback earned from UPI transactions and voucher purchases.
Yes. Your fixed deposit continues to earn up to 7% interest while supporting your credit card account.
The application journey is fully digital and can typically be completed in around 10 minutes.
Yes. A free physical card is available if your cumulative fixed deposit amount is ₹5,000 or more.
The card offers an interest-free period of 20 to 50 days, subject to the transaction date and merchant claim submission timelines.
Video KYC for the IOB ZET Credit Card is available from 8:00 AM to 12:00 Midnight.
You can initiate the card closure process through the ZET app.
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