RBL Bank Paisa On Demand Credit Card Review

RBL Bank Paisa on Demand Credit Card is a unique credit card from RBL Bank of India. It is a co-branded credit card that RBL introduced with the cooperation of paisabazar.com. The main highlight of this card is instant money transfer this feature allows you to transfer money instantly from your credit card to your bank account as a loan. 

This card also comes with several benefits like reward benefits, bonus reward points, annual fee waivers, free movie tickets, an EMI facility, and lots more.    

Eligibility Criteria:

  • Resident Type: Indian.
  • For salaried person:
    • Age: 21 to 65 yrs. 
    • Income: ₹25,000 monthly. (Min)
  • For self-employed person:
    • Age: 21 to 65 yrs. 
    • Income: ₹25,000 monthly. (Min)
  • Good CIBIL Score (750 or more). 
  • Good relation With the bank. 

Required Documents:

  • Photocopy of ID Proof (any 1)
    • Aadhar card
    • Voter Card
    • Passport
    • PAN Card
  • Photocopy of Address proof (any 1) 
    • Last 6 months bank account Statement
    • Aadhar Card 
    • Driving License 
    • Passport
    • Utility bill
  • One recent passport-sized photographs
  • Proof of income statement:
    • Salaried Person (any 1)
      •  Salary Slip of the last 3 months 
      • ITR
    • Self-employed person
      • Income tax return of the last year 
      • Proof of business
      • Latest audited financial report. 


  • Joining Fee: ₹500 + GST.
  • Annual Fee: ₹500 + GST (can be waived off if ₹1,00,000 is spent in a year)


  • Welcome, Benefit:

With the issuance of the card, you will get 1000 reward points as a welcome gift with the first payment you make with your card at any retail outlet. You will also get 1000 more reward points on the first online payment you make with your card.

To avail of this offer, you have to make the payments within the first 30 days of the card activation. And the reward points will be credited to your account within 60 days of the card activation.  

  • Reward Program:

This card lets you earn reward points from every purchase you make with your card. 

For every online transaction, you make with your card you will get 2 reward points, a minimum transaction amount of ₹100. Also, you will get 1 reward point for the same on every payment you make at any retail outlets. 

  • Movie Tickets:

On every Saturday and Sunday, this card offers you a free movie ticket. You will get 1 movie ticket completely free with the purchase of another, maximum ticket value ₹200/ month. 

  • Milestone Benefit:

With this card, you can earn some extra reward points too, every time you cross the ₹1 lakh spend mark with your card you will get 2000 reward points. You can avail of this offer 10 times a year.  

  • Instant Money Transfer:

This is the main highlight of the card, this card allows you to transfer money from your card to your bank account anytime and almost instantly. The minimum amount you can transfer is ₹3000 and the maximum amount is your credit limit. 

Also, you can pay back the transferred amount in easy installments, and you have to pay interest only for the amount you have transferred. 

  • EMI facility:

With this card, you can convert your high-value purchases (min 3000) into EMIs. It lets you extend your shopping bill without worries. 

  • Annual fee waiver:

You can get a 100% waiver on your annual fee. Just spend ₹1 lakh with your card within a year and the next year’s annual fee will be waived off.  

  • EMV Chip security:

This card comes with a built-in EMV chip, it is a special chip designed for convenience and security. It adds an extra layer of security to your card. 

  • Credit Limit:

This card offers a higher credit limit to its customers, you will get a credit limit of up to ₹7 lakh with this card. 

  • Global acceptance:

This card is accepted worldwide, you can use this card at any foreign outlets or any foreign e-commerce sites to make payments. But in both cases, the currency conversion charges will be applicable on the transaction amount.  


  • Cash Withdrawal Charge: 2.5% against the withdrawal amount. 
  • Finance Charge: 3.99% monthly. 
  • Foreign Currency Transaction: 3.50% against the transaction amount. 

Contact Details:


  • 1800-121-9050
  • +91-22-6232-7777
  • +91-22-7119-0900 (Super Card)


Dispute Resolution Process:

In case of a lost card or any unauthorized transactions, you can follow the steps given below. 

  1. You can contact the RBL Customer service at 022-6232-7777 or you can write to them at [email protected] 
  2. If you are not satisfied with their service you can contact the head of the customer service. you can write to him/her at [email protected] 
  3. At the third step, you can mail the nodal officer describing your problem at [email protected] or you can call at 022-71432700.    

100xGain Ratings:


Final Opinion:

This card gives you the advantage of both a personal loan and a regular credit card, it also features some other benefits like EMI facility, Reward benefit, movie tickets, etc. It lacks some features like dining benefits or fuel surcharge waivers, but if you are looking for a card that can give you some financial support and reward benefits then this card is perfect for you. 

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