DESCRIPTION
BOBCARD Gold is affiliated with Visa 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. Its features offer you the freedom you deserve and the convenience you
desire. 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. 1,50,000 or
more.
FEATURES
· Revolving credit : Rs. 75,000
onwards (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.5,00,000.
Insurance facility not available on add-on cards.
Fuel
Surcharge waiver applicable on all transactions
between Rs.250 & Rs.2000
.
Minimum payment Due Amount - It Increases Due to not
regular payment of dues.
| 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:
up to 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.
In case of medical emergency for a cardholder, his spouse
or a family member, the cardholder can draw cash up to a maximum of Rs.15,000
from any of our specified branches other than at the city of residence subject
to production of satisfactory evidence. This facility is over and above the cash
advance facility of Rs.15,000 p.m.
FEES:
Renewal Fee for principle card Rs.1000/- Add-on
:Free
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 3 consecutive months, the card account
would be considered as default; hence this offer
would stand withdrawn.
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.
