Indian Bank Credit Card

The features of Indian Bank Bharat Credit Card (visa Classic) are:

Domestic Usage – The credit card can be used in India only.

Credit Limit – Maximum limit is of Rs. 19,999.

Rate of Interest – Finance charge on Indian Bank Bharat Credit Card is just 1.79% p.m. which is much less than other credit cards

Minimum Amount Payable – If you cannot manage to pay the full outstanding amount, you can pay the minimum due amount which is just 10% of the total due.

Joining Fee/ Annual Fee – This credit card is free for lifetime.

Insurance Coverage – Following coverage is provided:

• Rs. 1 Lakh if death occurs due to air accident
• 50,000 if death occurs due to any other reason
• 50,000 Hospitalization Cover
• Credit Shield in case of death – Rs. 10,000
• Purchase Protection Cover – Rs. 10,000

Indian Bank Global Credit Card is offered in two variants- Gold and Classic. Top features of these credit cards are shown below:

Global Acceptance– This Indian Bank credit card can be used globally.

Credit Limit – You can get a credit limit anywhere  between Rs. 20,000 and Rs. 99,999.

Rate of Interest – Finance charge is 1.99% p.m. which is much less than other popular cards in the market.

Reward Program – Get 1 point worth Re.1 on every Rs.200 spent. Use reward points to pay off the credit card bill. Minimum 500 points must be accrued to use this feature.

Insurance Coverage – Following coverage is provided to Indian Bank Gold Credit Card holders:

• Rs. 5 Lakh if death occurs due to air accident
• Rs. 2 Lakh if death occurs due to any other reason for primary card holder & Rs. 1 Lakh for add on cardholders
• Up to Rs. 1 Lakh Hospitalization Cover for cardholder whose age is up to 65 years. Cardholders who are between 66 to 80 years of age get a coverage of Rs. 50,000
• Credit Shield in case of death – Rs. 25,000
• Purchase Protection Cover – Rs. 25,000
• Baggage Cover if lost or stolen – Rs. 10,000

Indian Bank Global Classic Credit Cardholders will get the following coverage:

• Rs. 2 Lakh if death occurs due to air accident
• Rs. 1 Lakh if death occurs due to any other reason for primary card holder & Rs. 50,000 for add on cardholder
• Up to Rs. 50,000 Hospitalization Cover for cardholder whose age is up to 65 years. Cardholders who are between 66 & 80 years of age get coverage up to Rs. 25,000
• Outstanding amount foregone by the bank in case of death – Rs. 10,000
• Purchase Protection Cover – Rs. 10,000
• Baggage Cover if lost or stolen – Rs. 5,000

The features of this Indian Bank Credit Card are given below:

Global Acceptance– The credit card can be used in India as well as overseas.

Credit Limit – Get limit of Rs. 1 Lakh or more.

Rate of Interest – Finance charge is just 1.66% p.m.

Reward Program – Get 1 point worth Re. 1 for every Rs. 200 spent. Use reward points as statement credit after accumulating at least 500 points.

Joining Fee – Not Applicable.

Insurance Coverage – Following coverage is provided to Platinum card holders:

• Rs. 5 Lakh if death occurs due to air accident
• Rs. 2 Lakh if death occurs due to any other reason for primary card holder and Rs. 1 Lakh for add on cardholder
• Up to Rs. 1 Lakh Hospitalization Cover for cardholder whose age is less than 65 years. For cardholders who are aged between 66 to 80 years the coverage is Rs. 50,000 only
• Outstanding amount not sought by the bank in case of death is Rs. 25,000
• Purchase Protection Cover is Rs. 25,000
• Lost baggage cover is Rs. 10,000

Suggested Read: Best Low Interest Credit Cards in India in 2023

Indian Bank has set certain criteria which you must meet in order to get your applications approved. The criteria can be credit score (above 700), age (18-65 years), income, location etc. The eligibility criteria for different credit cards can also vary. Do note that the approval of an application is at the sole discretion of the bank.

Documents Required

In order to avail Indian Bank Credit card, you also have to submit certain documents in order to prove your identity, income and address. The list of eligible documents are:

You must visit the nearest Indian Bank branch to apply for credit cards. There you can ask for a branch official to guide you through the process. It includes filling out an application form and furnishing the documents requested by the bank. Indian Bank will then review all the submitted documents and dispatch the credit card if everything checks out. The card may reach the applicant within 7 – 10 working days. If you are looking for other top credit cards in India, apart from Indian Bank, you can apply here.

The customer care number of Indian Bank is 044-25220903 / 044-25220904. Additional contact information can be found here.

How is Interest calculated on Indian Bank credit card?
Interest or finance charge comes into play when you makes partial or no payment on your credit card’s bill. In this scenario, the interest is calculated from the date of transaction till the day payment is made compounded on a daily basis.

Are there any spend restrictions on Indian Bank Bharat credit card?
Yes, the Bharat credit card cannot be used at a jewellery shop. Also unlike other Indian Bank credit cards where the cash advance limit is 40.00%, Bharat’s cash limit is just 25.00%.

What is Indian Bank’s credit card customer care email address?
The Indian Bank Credit Card customer care email address is creditcard@indianbank.co.in.

I lost my Indian Bank credit card what should I do?
You must immediately call on the customer care number to hot list your credit card. The number is 1800-425-00-000.

Is Visa registration required in order to make online transactions?
No, Indian Bank cardholders no longer need to register their Visa credit cards in order to make online transactions.