DESCRIPTION
This card is
affiliated with Visa international and accepted worldwide.
ELIGIBILITY
Individual :
Annual income of Rs. 1,50,000.
FEATURES
· Revolving credit :
up to Rs. 25,000 (The company has the right to
issue cards with lower limits also with a min. limit
of Rs.15,000/-)
Details
on Internal Limits Click Here
. Cash withdrawal: cash limit will be
20% of the sanctioned credit limit. (subject to repayment of earlier cash
withdrawal amount)
. 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 personal 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 irregular 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.
FEES:
Membership / Joining Fee Rs.200/- (Renewal
Fee on Principle card Rs.400, Add-on:200)
Late Payment Charges Rs.100/-
Cheque Return Charges (w.r.t. chq. amt) 2% or min.
Rs.200/-
**
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.
