ICICI Parakram Credit Card 2025
Exclusive card with ₹25,000+ value/year – completely free for Defence forces!
Salute to our heroes! ICICI Parakram Credit Card is lifetime free for serving & retired Defence personnel (Army, Navy, Air Force, Paramilitary), offers 4 domestic lounge visits, 2.5% fuel waiver, railway booking surcharge waiver & special insurance.
Jai Hind!
Why Choose ICICI Parakram in 2025?
LTF • 4 lounges • 2.5% fuel • Railway waiver • Defence exclusive
Best for: Serving & retired Defence personnel, frequent travellers
LIFETIME FREE – Only for Defence Forces Personnel
Card At a Glance
Nil
Nil (LTF)
4 Domestic/Year
2.5% (up to ₹4,000/year)
100% on surcharge
2 RP per ₹100
Complete Fees & Charges
| Particulars | Details |
|---|---|
| Joining Fee | Nil |
| Annual Fee | Nil (LTF for Defence) |
| Fuel Surcharge | 2.5% waiver (max ₹4,000/year) |
| Railway Booking | 100% surcharge waiver |
| Reward Points | 2 RP per ₹100 |
Detailed Reward Rates (2025)
- 2 Reward Points per ₹100 on all spends
- 2.5% fuel surcharge waiver (up to ₹4,000/year)
- 100% waiver on railway ticket booking surcharge
- 1 RP = ₹0.25 (statement credit)
Airport Lounge Access
- 4 complimentary domestic lounge visits per year
- 1 visit per quarter
- Dreamfolks network
Insurance & Protection Benefits
- ₹50 Lakh air accident cover
- Zero lost card liability
- Special personal accident insurance
- Purchase protection up to ₹50,000
Pros & Cons (Real User View)
| Pros | Cons |
|---|---|
| Lifetime completely free | Only for Defence personnel |
| 4 domestic lounges | No international lounge |
| 2.5% fuel + railway waiver | Basic reward rate |
| High insurance cover |
Eligibility Criteria & Documents Required
- Serving or retired Defence personnel (Army/Navy/Air Force/Paramilitary)
- Valid Defence ID proof mandatory
- Canteen card / PPO / Service ID
- Minimum salary/pension proof
How to Apply Online (3-Minute Process)
- Visit ICICI Bank website
- Select Parakram Card → Apply
- Upload Defence ID proof
- Video KYC
- Card delivered in 7–10 days
Final Verdict – Should You Get It in 2025?
Best card for Defence forces! Lifetime free + 4 lounges + 2.5% fuel + railway waiver = ₹25K+ value/year. Must-have for every serving or retired Defence personnel!
Frequently Asked Questions (FAQs)
LTF sirf serving ke liye?
No! Retired Defence personnel bhi eligible.
Paramilitary included?
Yes! CRPF, BSF, ITBP, CISF, etc. sab eligible.
Railway surcharge waiver?
100% waiver on IRCTC booking surcharge.