BOI India Credit Card

Billing Cycle – 16^th of current month to 15^th of next month. Payment must be made by 5^th of succeeding month.

Acceptance – The credit card is accepted at over 2.50 lakh merchants and over 9,000 ATMs

Interest Free Period – Get up to 51 days of Interest free period.

Reward Program – Earn reward points on card usage.

BOI India Credit Card
Good For: People who want a globally accepted credit card Customers who want to earn reward points People who want global card acceptance	Bad For: Customers who want to earn cashback Customers who want lounge access Customers who want golf offers on the card

Category	Amount
Finance Charges	If Min. Amount Due is Paid – 1.70% pm If Min. Amount Due isn’t Paid – 2.50% pm
Cash Advance Charges	At Branch – 2.50% / Min. Rs. 50 At BOI ATMs – 2.00% / Min. Rs. 50 At other ATMs – 2.50% / Min. Rs. 75
Balance Enquiry Charges	At BOI ATMs – Nil At other ATMs – Rs. 20
PIN Replacement Fee	Rs. 50
Usage Over Spending Limit	Rs. 10 per transaction
Replacement Charges	Rs. 200

Customers who want to avail BOI India credit card must meet the following eligibility criteria

• Indian Citizens only can apply
• The age of applicant must be between 21 and 65 years of age
• Applicants Gross Annual Income must be 0.75 lakh or above

Customers will also have to submit PAN card / Form-60, Aadhaar card, and additional documents to establish their identity, address, income, and so on.

You will have to visit the nearest Bank of India branch and apply for the card from there. You will be required to submit certain documents to establish identity, income, and place of residence. Once submitted the bank will verify the information. Upon successful verification the bank will dispatch the credit card which will be delivered within 2 business weeks.

What is the income requirement for BOI India Credit Card?
Applicant’s Gross Annual Income must be at least Rs. 75,000.

What are the finance charges on this credit card?
The applicable finance charges on this credit card are:

1. On payment of minimum amount due – 1.70% per month
2. On non-payment of minimum amount due – 2.50% per month

Does BOI India Credit Card provide airmiles, cash back or reward points?
The card offers a rewards program where customers can redeem their reward points on various products.

Does the card support international usage?
No, the card can be used only in India.

Can customers change the credit limit on add-on cards?
Yes, the add-on card’s credit limit can be defined by the primary credit card holder. Do note that the primary credit cardholder shares the credit limit with the add-on card holder.