I hold FK Axis LTF 1L. Applied for IOCL on 10th Nov online. An agent from branch called me to complete KYC, he checked docs and took fingerprint for Aadhar based KYC. Today got an approval message and limit is 3.9L.
Asked few queries on Axis Twitter support and phone banking, I got below given info.
- 100% cashback on fuel transactions made within first 30 days of card issuance, maximum cashback is INR 250 only.
- The next INR 250 cashback is provided as a 100% cashback in fuel transaction made within 31 to 60 days of card issuance.
- The eligible customers will receive the amazon pay voucher of INR 500 within 60 days of card activation.
- The card must be swiped on Axis EDC/POS machine to get the reward points. [I asked do all the IOCL outlets has Axis machine, he said due to partnership there will be, but I don't believe. He also didn't mention the condition for company owned outlets]
- The EDC/POS machine must be registered for fuel category MCC [Few outlet may have multiple business within outlet premises and it may not have machine with fuel MCC]
I will update here after doing few transactions.