DESCRIPTION
BOBCARD Gold is affiliated with MasterCard International & valid throughout the world. It is globally
accepted over 30 million locations and 8,00,000 ATMs worldwide. BOBCARD presents these premium cards to offer its gratitude to the High
Net worth Individuals. Exclusively designed, these cards are
packed with great features and benefits. So, get your Gold MasterCard today and be a part of the evolution.
Its features offer you the freedom you deserve and the convenience you
desire. Not to mention the extra benefit of insurance it offers
-Accidental Insurance and Baggage Insurance. What's more, you
can withdraw cash up to 20% of credit limit from our area offices/ BOB/ATM's.
ELIGIBILITY
Individual : Annual income of
Rs. 3,00,000 or
more.
FEATURES
· Revolving credit : Rs. 75,000
(The company has the right to issue cards with
lower
limits also with a min. limit of Rs.50,000/-)
Details
on Internal Limits Click Here
. Cash withdrawal: 20% of credit limit.
. Service charge on revolving credit limit :
2.5% (i.e.
30% APR)
·
Service charge on Cash withdrawal : 2.5% or Rs.100 whichever is higher (At
Bobcards/Bank of Baroda branches).
· Service Charge on ATM Cash withdrawal :
2.5% or min. Rs.100(Domestic), 3% or min.
Rs.150(Abroad).
. Insurance : Free
accidental insurance of Rs.1,00,000, In case of
air-accident Rs. NIL.**
Insurance facility not
available on add-on cards.
.
Minimum payment Due Amount - It Increases Due to not
regular payment of dues.
.
Fuel Surcharge waiver applicable on all transactions
between Rs.250 & Rs.2000
| Bucket
(Months Overdue) |
Min.
Payment Due Amt |
| 0-1 |
5%
OF Outstanding Balance |
| 2-3 |
10%OF
Outstanding Balance |
| 4-6 |
15%OF
Outstanding Balance |
| 7-12 |
25%OF
Outstanding Balance |
· Comprehensive monthly statements.
·
Bonus Points - upto 3 (for every
Rs.100 spent 1 bonus point would be credited.
Additional bonus points calculated on
incremental annual usage at the end of financial
year.)
· 3 Bonus points on annual usage
of above Rs.5 lac.
· 2 Bonus points on annual usage from Rs.2 lac to
Rs.5 lac.
· 1 Bonus point on annual usage upto Rs.2 lac.
FEES:
Membership / Joining Fees - Rs.500/- Renewal Fee for
principle card Rs.1000/- Add-on :Rs.500/-
Late
Payment Charges Rs.100/-
Cheque Return Charges (w.r.t. chq. amt) 2% or min.
Rs.200/-
No
Renewal Fee For Next Year*
*Eligibility:
1.Minimum 10 transactions on card in a year,
irrespective of the transaction amount.
2.Regular minimum payment - In case of irregularity
of payment of 2 consecutive months,
the card account
would be considered as default; hence this offer
would stand
withdrawn.
** In newly
Issued & Renewed cards only Personal Accident
Insurance facility will be provided to the
cardholders w.e.f. 1st July, 2009
DOCUMENTS NEEDED
a)
Income proof : IT Form 16/IT return/ Salary Slip
b) Address proof
c) Photograph
d) Copy of PAN card
e) Min. 3 months Bank Statement
(All
documents to be self attested)*
All documents to be verified from nearest
Bobcards Area Office / Bank of Baroda Branch
In case of account holders of Bank of Baroda,
submission of the application through the concerned branch of Bank of Baroda is
recommended for expeditious processing of application.
(Issuance
only in BOBCARDS serviceable areas as per the
network of area offices)
BILLING
5th
of every month, a
bill will be sent to the cardholder at his/her given address for making payments
on or before the due date mentioned in the bill.
