Bank of Baroda provides some of the best credit cards to its customers. But in order to avail these credit cards, applicants must meet the requirements set by the bank. Read below to know the eligibility criteria set by the Bank of Baroda Bank to apply for credit cards.
Bank of Baroda Credit Card Eligibility Criteria
The eligibility criteria for Bank of Baroda credit cards are:
Age – The applicants must fall within the age group of 21 to 65 years. Add-on cards can be given to people who are 18 or above.
Income – BOB credit cards can be applied by both salaried and self-employed individuals, but the income requirements may differ for different credit cards.
Prior Relationship with the Bank – Bank of Baroda prefers to give a credit card to those customers who have been associated with the bank for a while.
Location – An applicant’s geographical location may also impact his/her credit approval. This is because there are some areas where the banks do not offer their services.
Documents Required for Bank of Baroda Credit Card
Bank of Baroda requires certain documents to process credit card application. These are:
| Proof of Identity | PAN Card, Aadhaar Card, Voter’s ID Card, Passport, Driving Licence or any other government-approved photo ID. |
| Proof of Address | Aadhaar Card, Passport, Utility bills (not more than 3 months old) or any other government-approved ID. |
| Proof of Income | Bank statement for the last 3 months, Salary slips for the last 3 months, Audited financials for the last two years (for self-employed), Form 16, etc. |
Factors that Affect Bank of Baroda Credit Card Eligibility
Credit Score – Banks prefer to provide credit cards to customers with a high credit score. A credit score above 700 is considered good for credit card approval.
Age – Customers falling between the age group of 21 to 65 years can apply for Bank of Baroda Credit Cards.
Income – Income requirement varies from card to card and customers who do not meet the minimum income requirement may not get BOB credit cards.
FAQs
Can I get a credit card without ITR?
Yes, customers can get a credit card without submitting an Income Tax Return acknowledgement. Customers can show salary slip or Form 16 in case they do not want to submit ITR. However, self-employed individuals will have to submit ITR acknowledgement in order to avail a credit card.
Can I apply for a credit card without Salary Slip?
Yes, customers can submit an Income Tax Return acknowledgement or Form 16.
Can I apply for a credit card without bank account?
Bank of Baroda does provide a credit to customers who do not have a bank account with them. However, it prefers to give credit card to those customers who have an account with the bank.
What should I do if my card is lost or damaged?
Customers should call on the customer care number 1800-225-100 and get their credit card blocked. In case the customer loses their credit card they will have to file an FIR as well. Afterwards inform the bank in writing about the loss and also submit the FIR copy with the bank.
What is PIN?
PIN stands for Personal Identification Number. It is a security measure to make transactions safe and secure.
Please Note: Bank of Baroda is not a Paisabazaar partner. Offers would be from partner Banks/NBFCs only.