The DCB Novio Credit Card is a lifetime-free RuPay credit card backed by a fixed deposit with DCB Bank, applied for through the Novio app. You can start with an FD of just ₹2,000, and the card’s limit is set at up to 90% of your deposit. The FD earns up to 7% a year, and you can raise your limit anytime by topping up the deposit.
Virtual or physical card?
| FD amount | What you get |
|---|---|
| ₹2,000 to ₹9,999 | Virtual RuPay credit card |
| ₹10,000 and above | Physical RuPay credit card |
| ₹25,000 and above | Select variant with 1 domestic lounge visit a quarter |
Rewards and offers
| Where | Benefit |
|---|---|
| UPI spends through Novio UPI | Up to 15% Novio Coins |
| Amazon | 5% discount, up to ₹1,000 |
| BookMyShow | Buy one, get one, up to ₹250 off a month |
| Zepto | ₹50 off orders above ₹499, up to 3 times a month |
| Swiggy | ₹100 off orders of ₹499+ |
| Redeem Novio Coins | Up to 20% savings on Amazon, Flipkart, Myntra, PVR, Domino’s and 15+ brands |
The offer says the total package is worth up to ₹23,000, including welcome vouchers and discounts from brands such as HPCL, AJIO, Yatra, AbhiBus, PharmEasy and others. You also get a ₹250 Amazon voucher on your first transaction within 30 days of activation.
Good to know: “up to 15%” is the best case on eligible Novio UPI spends. The offer doesn’t list the exact rules or monthly caps, so check them in the app.
Why an FD-backed card?
Because your deposit secures the limit, DCB Bank does not need income proof or a long credit history. That makes Novio a practical first card for students, homemakers, freelancers and anyone rebuilding their credit score. Use it regularly, pay the full bill on time, and your repayment record builds up like any other credit card.
Things to watch
- Lounge access needs the Select variant, which means keeping at least ₹25,000 in the FD.
- Most brand offers are monthly or per-order deals with small caps, so they reward regular use rather than one big purchase.
- Your credit limit is tied to your deposit; breaking the FD will reduce or close the card.
- Keep your usage under about 30% of the limit to help your credit score grow faster.
Fees and charges
| Joining fee | Free |
|---|---|
| Annual fee | Free |
| Credit limit | Up to 90% of your FD |
| FD interest | Up to 7% a year |
Eligibility
| Age | 21 to 65 years |
|---|---|
| Minimum FD | ₹2,000 (physical card from ₹10,000) |
How to apply
- Tap Apply on this page to open the Novio app on the App Store or Play Store.
- Install the app and complete the application in the same session.
- Book your FD with DCB Bank; ₹10,000 or more gets you a physical card.
- Make your first transaction within 30 days to claim the ₹250 Amazon voucher.
Who should get it, and who shouldn’t
Get it if you have no credit history, can’t get an unsecured card, or simply want a free RuPay card for UPI with useful monthly offers.
Skip it if you already qualify for a regular credit card and don’t want money locked in an FD; an unsecured lifetime-free card will do the same job. That said, if you keep an FD anyway, Novio lets the same money earn interest and back a free card at once.
