Are you planning to apply for a Bank of Baroda Credit Card? It’s a great way to take advantage of the convenience, safety, and rewards that come with having an official credit card. Applying for one is quite straightforward, but it’s important to research all available options before applying. In this blog post, we’ll cover step-by-step instructions on how to successfully apply for a Bank of Baroda Credit Card and tips on what information you should have ready before getting started with your application process. Let’s dive in and uncover everything there is to know about How To Apply Bank Of Baroda Credit Card.
What Is the Bank of Baroda Credit Card?
Bank of Baroda offers a variety of credit cards for different needs. Whether you are looking for a card to help build your credit score, provide rewards and cashback, or just need quick funds, Bank of Baroda has the right card.
The Bank of Baroda Titanium Credit Card is perfect for those who want multiple benefits in one go. It offers attractive discounts on leading shopping websites and fuel surcharge waivers across petrol pumps in India. It also offers airport lounge access and insurance coverage up to Rs 10 lakhs against any kind of fraudulent activity.
Rewards and Benefits Offered by a Bank of Baroda Credit Card
1. Shopping Benefits: Cardholders of Bank of Baroda credit cards can avail of various shopping benefits such as discounts, cashback offers, and reward points on all purchases made using their credit card. These shopping benefits may include up to 5% off on select stores, special seasonal discounts, and exclusive cashback offers.
2. Travel Rewards: Cardholders can enjoy a variety of travel rewards when they use their Bank of Baroda credit cards for booking flights or planning trips abroad. They may be eligible for discounted fares, complimentary hotel stays, and access to priority lounges at airports around the world.
3. Dining Privileges: Customers who carry a Bank of Baroda credit card can take advantage of dining privileges such as 2-for-1 offers, discounts on meals, and exclusive menus at select restaurants.
4. Cashback Rewards: Cardholders can earn cashback rewards when they make purchases using their Bank of Baroda credit cards. They can earn up to 5% back on select categories such as dining, travel, or entertainment.
5. Air Miles: Customers may be able to accumulate air miles when they use their Bank of Baroda credit cards for travel-related purchases. These air miles may be redeemed for future flights or other travel rewards.
6. Reward Points: Customers who own a Bank of Baroda credit card can also collect reward points on all purchases made using their card. These points can then be redeemed for a variety of products or services.
7. Insurance: Bank of Baroda credit card holders may also enjoy insurance benefits such as complimentary travel insurance, purchase protection, and extended warranty coverage on select purchases.
8. Additional Benefits: Besides the rewards mentioned above, Bank of Baroda credit cards may offer exclusive access to special events and experiences, free access to digital entertainment platforms, and more. Customers can explore all the available benefits to make the most out of their Bank of Baroda Credit Card experience.
How To Apply Bank Of Baroda Credit Card?
Applying for a Bank of Baroda Credit Card is simple. Here are the steps to follow:
1. Visit the Bank of Baroda website and navigate their credit card section.
2. Select the type of card you wish to apply for, whether it be a platinum, gold, or regular card.
3. Provide all your personal information, including name, address, contact details, and financial information, such as income statements and bank statements, if required.
4. Review all the terms and conditions associated with the card before submitting your application form online or in person at any Bank of Baroda branch near you.
5. Once approved, your Bank of Baroda Credit Card will be delivered to you within a few days.
6. Upon receiving your card, activate it by calling customer service or using the Bank’s mobile app.
7. After activation, start using your card and make payments on time to enjoy all the benefits of the Bank of Baroda Credit Card.
Eligibility Criteria for a Bank of Baroda Credit Card
Eligible applicants should meet the following criteria:
- Must be an Indian resident
- Aged 18 years or above (21 for corporate customers)
- Have a good credit score and a history with other financial institutions
- Should have a regular source of income, including salary from an employer, self-employment, or business proprietorship.
- Should possess a valid PAN Card/Aadhaar card and Driving License as primary identification documents.
- Any additional documents may be required to support your application per Bank’s internal policies.
Once you are eligible for a Bank of Baroda Credit Card, you must submit an online application form. The Bank will assess your eligibility and verify all provided information before approving your application. After the approval, you will receive your card and use it to avail of various features of a Bank of Baroda Credit Card.
Required Documents for a Bank of Baroda Credit Card
To apply for a Bank of Baroda Credit Card, you need to submit the following documents:
- Valid Identification Proof (Aadhaar card, PAN card, Voter ID, Passport)
- Permanent Address Proof (Ration Card, Utility Bill, Lease, or Rental Agreement)
- Income proofs such as last three months’ salary slips from current employer and Form 16/IT Returns for salaried individuals. For self-employed customers – audited financials including Profit & Loss Account and Balance Sheet along with IT returns
- Two recent passport-size photographs
- Bank statement for the last 6 months
For applicants over 60 years of age: Age-proof documents such as Passport, Pension Payment Order (PPO), and Driving License.
In addition to the above documents, you may be required to submit additional documents once your application has been approved to complete issuing a Bank of Baroda Credit Card. These additional documents include the following:
- KYC Documents such as Aadhar card/ PAN card/ Voter ID/ Passport
- Address Proof Documents such as Ration Card, Utility Bill, Lease or Rental Agreement
- Signature verification document like a cheque leaf with a signature on it
- A copy of the duly completed and signed credit card application form.
By submitting all these required documents along with your credit card application form, you will have taken the first step towards obtaining a Bank of Baroda Credit Card.
Once your application is approved, you will be issued a credit card with the agreed-upon credit limit and other additional benefits. Make sure to use your credit card responsibly and pay all your bills on time to maintain a good credit score and enjoy having a Bank of Baroda Credit Card.
Fees Associated with a Bank of Baroda Credit Card
The Bank of Baroda Credit Card comes with a range of fees that can make it an expensive option for many customers. To ensure you understand the full costs associated with using this card, here is a breakdown of the fees:
Annual Fee: A one-time fee charged each year upon renewal. This fee may be waived if you meet certain criteria.
Cash Advance Fee: A fee when you withdraw cash from an ATM or other financial institution using your credit card. The amount will vary depending on the provider.
Late Payment Fee: A fee if you fail to make payment by the due date each month. This fee will also vary depending on how long the payment is overdue.
Foreign Transaction Fee: A fee charged when you purchase or withdraw in a currency other than your card’s billing currency. The amount will depend on the provider and can be quite high, so it pays to shop around for the best rates.
Balance Transfer Fee: A fee for transferring your balance from one credit card to another. This fee can range from 1% to 3% of the balance transferred.
Overlimit Fee: A fee charged if you go over your credit limit. This fee is usually equal to the amount you have exceeded your credit limit.
Returned Payment Fee: A fee charged if a payment made with your credit card is returned due to insufficient funds in your account.
Cash Back Fee: A fee charged when you use your card to receive cash back from a purchase. The amount of this fee will vary depending on the provider.
Understanding these fees ensures you get the most out of your Bank of Baroda Credit Card and that it does not become an expensive mistake. Using these tips, you can get the most value for your money using this credit card product.
My name is Card-Topedia, and I’m the author of Cardtopedia.com, a blog about credit cards and banking. I’ve been passionate about fintech since graduating from university with an honours degree in finance. I currently live in London but have experience living and working abroad in several countries including Germany and Australia. With my financial background and personal experience, I’m passionate about helping people make informed decisions when it comes to credit cards and banking products. Through Cardtopedia, I provide unbiased reviews, tips and advice on how to maximize rewards while minimizing fees. My goal is to help readers simplify their finances so they can focus on what matters most – achieving financial freedom!
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