DCB Niyo Card: Get Credit Without Credit History

Bio

Shreyansh Singh, an IIT Kanpur alumnus, has eight years of experience in the finance industry. He has spent 5 years at American Express developing mid to long-term strategies for multiple markets including US, Europe and India. Shreyansh currently leads Growth and Strategy initiatives at Pice.

20 Mar 26
3 mins

Shreyansh Singh

08 Mins
20-03-26

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Table of Contents

DCB Niyo Card Benefits
DCB Niyo Card Charges

Credit limit equals 90% of the savings lien amount.
Minimum credit limit starts at ₹5,000 only.
Maximum credit limit can reach ₹25 lakh.
Cash withdrawal limit equals 50% credit limit.
Virtual card available within 24 hours of application.

The DCB Niyo Card is a secured credit card that offers easy access to credit without complex checks. It links to a lien amount in your DCB savings account, which acts as security for the card.

The credit limit is up to 90% of the lien amount. For example, a ₹10,000 lien provides a ₹9,000 limit. Your savings continue to earn interest while you use the card and build your credit score.

DCB Niyo Card Benefits

The Niyo DCB Card privileges focus on simple access to credit with strong convenience. The card also supports secure payments and global usage without complex paperwork.

Offers wide acceptance across global merchant networks
Receive a virtual card within 24 hours after application submission
Start transactions instantly through the virtual credit card
Zero foreign currency markup for purchases and withdrawals

DCB Niyo Card Charges

Finance charges on merchant transactions, balance transfers or overdue payments may reach 3% per month, which equals 36% annually.

Curious about the detailed Niyo DCB Credit Card charges that apply to different services? The schedule of charges table below outlines the applicable fees and rates.

Parameters	Charges
Finance Charges	3% monthly or 36% annually
ATM Cash Withdrawal Charges	2.5% or ₹250, whichever is higher
Reissue or Replacement Charges	₹250
Statement Request Fee	NIL for e-statement.₹50 per page for a physical statement.
Late Payment Fees	NIL for balance less than or equal to ₹100.₹100 for balance greater than ₹100 or less than or equal to ₹1,000.₹500 for a balance greater than ₹1,000

💡Use your Niyo DCB Credit Card freely, but never miss a payment. Install the secure Pice App to receive due date reminders, pay credit card bills on time and track every transaction from one simple dashboard.

Footnotes

For assistance, contact DCB customer care at 022 68997777 or 040 68157777 or email customercare@dcbbank.com.
The minimum credit limit is ₹5,000, while the maximum credit limit available is ₹25 lakh.
DCB Niyo Card withdrawal limit is 50% of the credit limit or ₹1,00,000, whichever is lower.

FAQs

What does lien mean for the Niyo DCB Credit Card?

A lien refers to an amount reserved in your DCB savings account as security for the card. The amount remains in your account and can be released easily when required.

Who can apply for the DCB Niyo Card?

Applicants must be between 18 and 75 years of age. They must hold an active DCB Niyo savings account with PAN details, complete KYC and updated mobile and email records.

How can users apply for the DCB Niyo Credit Card?

Open the Niyo Global app and visit the credit card section. Set the credit limit by marking a lien in your savings account. The physical card arrives within 5 to 7 working days.

Can cardholders change the lien amount later?

The lien amount can be increased or reduced anytime after card activation. The credit limit updates to 90% of the revised lien amount without additional documentation.

Can cardholders modify credit card limits anytime?

Users can modify limits through the Niyo app. Open the card section, select ‘Manage Credit Limit’, adjust the amount and confirm the change for immediate update.