What is the membership fee for Bank of Baroda Corporate Premium Credit Card?

The membership fee for Bank of Baroda Corporate Premium Credit Card is Rs.2000.

Does the Bank of Baroda Corporate Premium Credit Card have chip security?

Yes, the Bank of Baroda Corporate Premium Credit Card has chip security.

What is the service charge on outstanding balance?

The service charge on outstanding balance is 2.6 % per month.

What is the charge for withdrawing cash from international ATMs?

The charge for withdrawing cash from international ATMs is Rs.250 (3.5 percent).

When do I pay my BOB credit card bill?

You have to pay credit card bill by the 1 st of every month.

Credit Cards

Home Loans

Personal Loans

Other Loans

Calculators

Investments

Credit Score

Govt. Utility Documents

Download Mobile App

Insurance

Resources

BankBazaar

Bank of Baroda Corporate Premium Credit Card

The Bank of Baroda Corporate Premium Credit Card is specially designed for businesses so that they can easily and efficiently manage their expenses. This Visa card has a host of benefits to offers to its cardholders. These benefits include personal insurance coverage, high withdrawal limit, security chip, loyalty points, benefits by Visa, etc.

Features and Benefits of Bank of Baroda Corporate Premium Card

Validity: The Bank of Baroda Corporate Premium Credit Card is valid for use at an international level.
Interest Rate: The rate of interest on the Bank of Baroda Corporate Premium Credit Card is 2.6 % per month (APR – 31.2 %).
Loyalty Points: Whenever you spend Rs.100 using your Bank of Baroda Corporate Premium Credit Card, you will receive 1 Loyalty Point.
Cash Withdrawal Limit: The withdrawal limit is 30 percent of the card’s credit limit.
Insta Pay: Bank of Baroda credit cardholders can easily pay Bank of Baroda credit card bills online using their Insta Pay service.
Security: The Bank of Baroda Corporate Premium Credit Card comes with a security chip.
Personal Coverage: Bank of Baroda provides free insurance coverage to its Corporate Premium Credit Cardholders. The bank offers Personal Accidental Death Coverage of Rs.5,00,000 in case of death by air accident and Rs.1, 00, 000 in case of death by other accidents.
Exclusive Offers - The bank offers exclusive benefits to its Bank of Baroda credit card holders. The benefits include 0% fuel surcharge, discounts on hotel bookings, air tickets, holidays, etc.
Other Benefits: Bank of Baroda Corporate Premium Credit Card holders avail a number of benefits offered by Visa International

Eligibility Criteria

Limited or Partnership firms or Government companies are eligible to apply for this card.
Capital: To be eligible for this card, the applicants need to have a paid up capital of Rs.25 Lakhs and more.
Net Worth: To be eligible for this card, the net worth of the company has to be Rs.50 Lakhs and more.
Credit Facility: The applicants need to have a credit facility with the bank for Rs.1 crore and more along with a BOB rating of 6 and more.
Companies which have existing relations with the bank are given preference

Required Documents

Applicants must provide the following documents while applying for a Bank of Baroda Corporate Premium Credit Card:

Undertaking Letter or Board Resolution
Partnership Deed or Memorandum of Article and Associations
Company PAN card
Copy of the Audited Balance Sheet and the Profit & Loss Account for the last 3 years
Company IT Return
Applicants Photographs

These documents have to be verified from the nearest Bobcards Area office or the nearest Bank of Baroda Branch. Bank of Baroda account holders have to submit their applications through their concerned bank branch for getting their applications processed quickly.

Fees and Charges

Fee Type	Amount
Joining Fees	Rs.2000
Annual Fees for the Principal Card	Rs.2000
Service charge on outstanding balance	2.6 % per month
Cash Withdrawal Limit	30 % of the card’s credit limit
Late Payment fee	Nil - For up to Rs.500, Rs.300 – For Rs.501 to Rs.25000, Rs.500 – Above Rs.25,001
Cash Withdrawal from International ATMs	Rs.250 (3.5 %)
Cash Withdrawal from Domestic ATMs	Rs.200 (3 %)
Fees for card De-blocking	Rs.300
Cheque Return Fee	Rs.300 minimum or 2 % (whichever has more value)

Credit cards make payments easy for all expenses online and offline while offering various benefits

Find a Card >>

FAQs on BOB Corporate Premium Card

What is the membership fee for Bank of Baroda Corporate Premium Credit Card?
The membership fee for Bank of Baroda Corporate Premium Credit Card is Rs.2000.
Does the Bank of Baroda Corporate Premium Credit Card have chip security?
Yes, the Bank of Baroda Corporate Premium Credit Card has chip security.
What is the service charge on outstanding balance?
The service charge on outstanding balance is 2.6 % per month.
What is the charge for withdrawing cash from international ATMs?
The charge for withdrawing cash from international ATMs is Rs.250 (3.5 percent).
When do I pay my BOB credit card bill?
You have to pay credit card bill by the 1^st of every month.

Types of Credit Card

Credit Card by Banks

Articles on Credit Card

Credit Card Customer Care

Credit Card Bill Payment

Credit Card Eligibility

Disclaimer

Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

Explore More:

Credit Card:

Credit Score:

Personal Loan:

Home Loan:

Fixed Deposit:

Calculator:

Learn More:

Others:

Mobile Apps:

support[at]bankbazaar[dot]com