IndusInd × BHIM: how the up to ₹200 RuPay-card cashback is split

A first-linkage component and two transaction tiers have separate eligibility rules through 15 November.

What the official listing says

The campaign runs from 28 October to 15 November 2026 for eligible IndusInd RuPay credit cards linked on BHIM; the IndusInd CRED credit card is excluded. It lists ₹50 for first-ever eligible RuPay-card linkage plus a first transaction of at least ₹50, ₹5 on up to five eligible payments of at least ₹100, and ₹25 on up to five eligible payments of at least ₹1,000. The aggregate ceiling is ₹200.

Eligibility and important conditions

The ₹50 component is not available to someone who already linked an eligible RuPay credit card and transacted on BHIM before the campaign. Successful merchant payments qualify; person-to-person transfers, wallet loads, failed, refunded or reversed transactions do not. Each tier has its own count limit. Read the current terms to understand when benefits can overlap.

How to judge the value

Use ordinary purchases you planned to make and pay the card bill on time. A cashback campaign does not make credit spending free. Do not split purchases artificially or create extra profiles to chase benefits; the terms exclude attempts to circumvent limits. Save the merchant payment confirmation and check that the card network and app route match the offer, rather than assuming a bank-account UPI payment qualifies.

Before acting

Open the linked current official terms and confirm the details for your exact card and purchase. The related cards below are products to explore; their presence does not confirm eligibility for every offer.