Bank of Baroda PREMIER Credit Card
Apply for the best credit card of Bank Of Baroda
Welcome Benefits
- Spend Rs. 10,000 on your card within first 60 days of card setup date for First year fee reversal. Fee reversal will reflect in the 4th bill statement from the card issuance month, provided all due payments are made.
Bank of Baroda PREMIER Credit Card: Fees & Charges
| Type of fee or charge | Amount (Rs.) |
|---|---|
| Joining Fee: | ₹ 1000+ GST |
| Annual/Renewal Fee: | ₹ 1000+ GST |
| Finance Charges: | 3.49% per month i.e. | 41.88% per annum |
| Spend Based Waiver: | Not Applicable for this card |
| Over Limit Penalty: | 2.5% of overlimit amount, subject to a minimum of 600/- |
| Rent Payment charges | A fee of 1% of the total transaction amount. |
| Forex Charges: | 3.49% of the transaction value |
| Minimum Repayment Amount: | 5% of Total outstanding (Min. Rs. 100) + All charges/fees/taxes + EMI |
| Cheque Return Fees: | 2% of Total Amount Due or Minimum of 500 whichever is higher |
| Total Amount Due/Statement Balance | Late Payment Charges |
|---|---|
| Less than or equal to 100 | NIL |
| Above 100/- and up to 500 | 100 |
| Above 500/- and up to 1000 | 400 |
| Above 1000/- and up to 10,000 | 750 |
| Above 10,000/- and up to 25,000 | 950 |
| Above 25,000/- and up to 50,000 | 1100 |
| Above 50,000/- | 1300 |
Eligibility criteria
Age: Applicants should be at least 21 years old.
Income: A stable annual income is essential, typically a net monthly income of 40,000/- or more and Self-Employed Individuals/Professionals: A minimum annual income of 6 lakhs.
Credit Score: A good CIBIL score, ideally between 750 and 900, can significantly boost approval chances
The applicant must be an Indian citizen and valid address proof
Document Requirements
1. Aadhaar card, Passport, PAN card as your Identity proof
2. Any Utility bill, Passport, or Voter ID as your address proof
3. Salary slips, bank statements, or IT returns as your income proof
Other Information
Frequently Asked Questions
What is the annual fee of Bank of Baroda PREMIER Credit Card?
The Annual fees of Bank of Baroda PREMIER Credit Card is 1000+ GST. And there is Joining fees is 1000+ GST.
What is the interest rate on the Bank of Baroda PREMIER Credit Card?
The Bank of Baroda PREMIER Credit Card has an interest rate of 3.49% per month i.e. | 41.88% per annum
Are there foreign transaction fees on the Bank of Baroda PREMIER Credit Card?
Yes, The Bank of Baroda PREMIER Credit Card charges a 3.5% fee for all transactions in foreign currency .
What is the credit limit of Bank of Baroda PREMIER Credit Card?
The credit limit for the Bank of Baroda PREMIER Credit Card is based on multiple factors, such as your income, repaying capacity, and credit history. Bank Of Baroda does not specify a fixed credit limit for this card. It will communicate to you time of issuance of card. Bank Of Baroda offer Pre-approved Credit Limit to existing card holder. So if you are eligible by few step you can increase your credit limit.
Card other Details
Bank of Baroda PREMIER Credit Card Credit Limit: Up to ₹10 Lakh