Indian Overseas Bank Credit Card
Indian Overseas Bank Credit Card
Indian Overseas Bank is a major public sector banks established in 1937. Currently, Indian Overseas Bank is among the banks having their own ISO certified information technology department. IOB has been certified with 100% Central Banking system and 100% networking status.
Indian Overseas Bank credit card comes with a line benefits particularly designed to enhance the shopping experience of customer along with delightful reward programs. Cardholders can earn exciting reward points on every purchase. The best part of the IOB credit cards is that are globally accepted over a million of partnered merchants. The cardholders are offered up to 4 add-on cards to share the privileges of the card with their family members.
Features and benefits of Indian overseas bank credit card online apply
The bank offers the IOB credit card apply online facility to the applicants; so that, they can get hold of certain exciting features and benefits of the card.
Worldwide Acceptance
The credit cards are accepted worldwide at over 1.18 lakh partnered stores; thus, it is a valuable substitute of cash.
SMS security alert
Cardholders will receive an SMS alert on their registered mobile number every time they make a transaction. This will help them to keep an eye on their expenses and also be aware of the transaction details.
Hassle-free credit card payment
Likewise easy IOB credit card apply online facility, cardholders can make credit card payment online.
ATM cash withdrawal
Cardholders can withdraw cash from ATM using their IOB credit cards, though, ATM cash withdrawal fees will be charged on every withdrawal.
Fees and charges
|
Services |
IOB Gold Credit Card |
IOB Classic Credit Card |
|
Card limit |
Rs. 60, 000 to Rs. 5, 00,000 |
Rs. 10, 000 to Rs. 50, 000 |
|
Photo Card |
Rs. 100 /- |
Rs. 100 /- |
|
Charges for issuance of Card |
No Charges (non-photo card) |
No Charges (non-photo card) |
|
Hot listing fee |
No charges |
No charges |
|
Annual maintenance charges |
No charges |
No charges |
|
Duplicate statement copy |
Rs. 50 /- |
Rs. 50 /- |
|
Late Payment Fee |
Rs. 100 /- |
Rs. 100 /- |
|
Cash advance fee |
Rs. 22. 50 per Rs. 1000 /- or part thereof |
Rs. 22. 50 per Rs. 1000 /- or part thereof |
|
Charge slip copy |
Rs. 100 /- |
Rs. 100 /- |
|
Replacement/Re-issue of Lost/Damaged Credit Cards |
Rs. 100 /- |
Rs. 100 /- |
|
Cash advance Interest |
24% (Annualized) from the date of the withdrawal till settlement date |
24% (Annualized) from the date of the withdrawal till settlement date |
|
Secured Online Transactions |
Verified By Visa (VBV) |
Verified By Visa (VBV) |
|
Foreign Currency transactions |
2.5 % on the transaction value |
2.5 % on the transaction value |
|
Interest on Roll over credit |
24 % (annualized) |
24 % (annualized) |
|
Charges for Cash Withdrawal from other Bank’s ATMs(VISA) |
Rs. 100 /- per withdrawal Rs. 20 /- per balance enquiry |
Rs. 100/- per withdrawal Rs. 20/- per balance enquiry |
IOB Credit Card Eligibility
An applicant should meet the age criteria of the card, for which, he or she should be minimum 21 years old, but, not more than 65 years. An add-on credit card minimum age criterion is 18 years.
An applicant should be a permanent resident of India
He or she must have a stable monthly income.