Indian Overseas Bank Classic Credit Card

Note: This card is not available on Paisabazaar.com. Content on this page is for information purpose only. To express interest in this card, please visit Indian Overseas Bank’s website.

The IOB Classic Credit Card has been designed to satisfy the wants of people who are trying to reduce the usage of paper money. Different credit card variant offered by Indian Overseas Bank (IOB) offers a credit limit of 5 lacs (maximum) from 10,000; empowering you with greater purchase control. Candidates can use this special credit card for making transactions at merchant outlets and to withdraw cash from ATMs situated all over India.

It is important to note that, IOB Classic Credit Card includes affordable fees & charges, with the cardholder having an option to avail a maximum of four add-on cards. With the possession of an IOB credit card you get to acquire enhanced privileges, benefits and fortunate offers over bank-free transactions.

Features & Benefits Associated to IOB Classic Card

This unique credit card is available with customer-friendly advantages, making it one of the topmost credit card options. Below mentioned are the attractive features & benefits linked to IOB Classic credit card.

Global Acceptance

The best part about this credit card is its global acceptance. Cardholders can easily use the IOB Classic Card all over the world for making purchases within the stated credit limit. In India, you can make transactions at more than 6.5 lakh outlets using this efficient credit card.

Rewards Program

The cardholders are provided reward points based on their e-commerce transactions. Furthermore, your Point of Sale purchases also deliver reward points.

Easy Payments

If you wish to access simplified banking solutions, think about IOB Classic Card. The cardholder can easily make payments associated to credit cards via Net Banking platform managed by IOB.

SMS Alerts

The customer would receive SMS alerts for every transaction processed using his/her Classic Credit card. This is a helpful service that would keep you up-to-date about your dealings.

Add-On Cards

For your family members, you can avail an add-on card which brings along a variety of exclusive privileges. IOB Classic Credit Card holder is permitted to issue a maximum of 4 add-on cards by simply filing a request over the Net Banking portal.

Flexible Payment Facility

Customers associated to IOB Classic Credit card are offered the option of flexible payment. Using this feature, the customer only has to settle the minimum due value in place for the total outstanding amount.

Simple Cash Withdrawal

You can use your IOB Classic Card for withdrawing cash at any of the ATMs present across India. This is a wonderful facility that proves beneficial in case of emergency situations.

Eligibility for Availing IOB Classic Credit Card

In order to prove eligible for availing IOB Classic credit card, the below mentioned criteria need to be satisfied by the candidate.

• Applicant needs to be aged 18 years and above. Moreover, he/she should be an Indian resident.
• Requirement for an admirable CIBIL score.
• No defaulted payments associated to the bank.
• Applicant should hold a steady income source that would be verified through the income documents.

If you have any doubts regarding the proper eligibility clause, feel free to contact IOB customer care.

Please Note: Indian Overseas Bank is not a Paisabazaar partner. Offers would be from partner Banks/NBFCs only. 

Fee & Charges Associated to IOB Classic Credit Card

• Charges for Card Issuance- 0 Charges (for non-photo card)
• Credit Card limit- INR 10,000 to INR 50,000
• Fee for Hot Listing- No charges
• Duplicate Copy of Statement- INR 50
• Slip Copy Charge- INR 100
• Photo Card Charge- INR 100
• Charges for Annual Maintenance- No charges
• Re-Issue/Replacement of Damaged or Lost Credit Card- INR 100
• Fee for Late Payment- INR 100

Necessary Documentation for IOB Classic Card

In order to access an IOB Classic credit card, you are required to submit the below mentioned documents.

Identity Proof– The candidates willing to access Classic credit card need to submit an identity proof such as:

• Copy of Voter Identity Card
• PAN Card
• Copy of Driving License
• Copy of Passport
• Copy of Aadhaar UID

Residence Proof– Candidates need to provide a proper residence proof if they are wanting to apply for this exclusive credit card. Some of the options which can be submitted are:

• Passport Copy
• Telephone Bill
• Electricity Bill

Income Proof– Candidates should provide the latest Income Tax Return, Form 16, or Salary slips.

For any issue regarding the credit card application or documentation, you can simply have a word with the bank official or contact the customer care center.