Bank of India (BOI) Credit Card

The Bank of India Credit Card is a valuable financial tool that offers numerous benefits to its users. With a variety of credit cards available, customers can enjoy increased savings and earn reward points on their expenses. These cards come with exclusive privileges and banking advantages, such as EMI options, worldwide acceptance, higher credit limits, and flexible payment options. The application process is hassle-free, transparent, and requires minimal documentation, making it convenient for customers to obtain these cards and enjoy the perks they offer.

Features and Benefits of Bank of India Credit Card

  • Bank of India offers different credit cards for various customers: pensioners, Navy staff, globetrotters, and modern Indians.
  • Customers get discounts on Medi-Claim insurance premium (up to Rs. 5 lakhs) through a partnership with National Insurance Co. Ltd.
  • Cardholders can convert big purchases into EMIs and pay back over 36 months at low interest rates.
  • With the revolving credit facility, only 10% of the bill needs to be paid before the due date, and the rest can be paid with 1.70% interest per month.
  • Balance transfer allows moving outstanding balances from other bank credit cards, up to 75% of the spending limit.
  • Bank of India credit cards are accepted worldwide at 4,14,000 locations and can be used to withdraw cash from over 8,10,000 ATMs globally.
  • Cardholders can withdraw cash from ATMs across the country, including other bank ATMs, using Bank of India Credit Card.
  • The bank provides 24/7 customer support for reporting lost cards and offers an ATM locator service.
  • BOI credit cards offer affordable interest rates for costly purchases and provide interest-free credit period for up to 51 days.

Eligibility Criteria

  • The applicant can be of Indian origin, a non-resident Indian, or a foreigner living in India for work or related reasons.
  • The applicant needs to provide necessary documents for KYC (Know Your Customer) formalities.
  • A good CIBIL credit score is required for the application.

Documents Required

  • Passport size photographs.
  • A completed application form.
  • ID Proof (choose one): Passport, Driver’s License, Voters ID, or Aadhaar Card.
  • Address Proof (choose one): Utility Bills, Passport, or Aadhaar Card.
  • Income Proof (provide one): Income Tax returns, Form 16, Last 3 months’ Salary Slip, or Last 3 months’ bank statements.

How To Apply for Bank of India Credit Card?

To apply for a Bank of India credit card:

  1. Visit the nearest branch of the bank.
  2. Ask a bank official for help in the application process.
  3. Fill out a form with your details.
  4. Provide the required documents as requested by the bank.
  5. The bank will review your application and documents.
  6. If everything is in order, they will send you the credit card. You should receive the card within 7 working days.