CreditCard

Last Updated on: 13/02/2024

CreditCard

2
Features of IOB Classic Credit Card Features of IOB Gold Credit Card
2 2
  • Limit Rs 10,000 to Rs.50,000
  • Daily transaction limit 100% of Card Limit or available balance for POS & E-Com transactions.
  • Daily Cash Withdrawal limit 40% of Card limit or available balance in card whichever is less.
  • Interest free purchase available from 20 days to 50 days depending upon the date of purchase.
  • IOB Credit Card awards cash back of Rs.0.20 per point for every Rs.100/- spent. The same is adjusted towards the monthly outstanding at the time of generation of bill.
  • Lower rate of interest: 30% p.a. (Annualized).
  • Baggage Insurance: Rs.25000/-
  • Purchase Protection: Rs.25000/-
  • Limit Rs 60,000 to Rs. 5,00,000
  • Daily transaction limit 100% of Card Limit or available balance for POS & E-Com transactions.
  • Daily Cash Withdrawal limit 40% of Card limit or available balance in card whichever is less.
  • Interest free purchase available from 20 days to 50 days depending upon the date of purchase.
  • IOB Credit Card awards cash back of Rs.0.20 per point for every Rs.100/- spent. The same is adjusted towards the monthly outstanding at the time of generation of bill.
  • Lower rate of interest: 30% p.a. (Annualized).
  • Baggage Insurance: Rs.25000/-
  • Purchase Protection: Rs.25000/-

Personal Accident Insurance Cover

Personal Accident Insurance Cover

✔ Personal Accident - Death due to Air crash

i) Self - 4.00 Lakh

ii) Spouse - 2.00 Lakh

✔ Personal Accident - Death due to Road / Rail

i) Self - 2.00 Lakh

ii) Spouse - 1.00 Lakh

✔ Personal Accident - Death due to Air crash

i) Self - 4.00 Lakh

ii) Spouse - 2.00 Lakh

✔ Personal Accident - Death due to Road / Rail

i) Self - 2.00 Lakh

ii) Spouse - 1.00 Lakh

  • Any IOB Customer
  • NRI can apply for credit card. Applicants who are NRI and holding Indian passport are also eligible for credit cards
  • Minimum CIBIL score for applying credit card is 650
  • Maximum Eligible Amount based on Gross Income:

Gross Monthly Income Credit Limit

Rs. 5000 less than Rs. 10000

Rs. 10000

Rs. 10000 - less than Rs. 20000

Rs. 25000

Rs. 20000 - less than Rs. 30000

Rs. 50000

Rs. 30000 - less than Rs. 35000

Rs. 60000

Rs. 35000 - less than Rs. 40000

Rs. 75000

Rs. 40000 - less than Rs. 50000

Rs. 100000

Rs. 50000 - less than Rs. 75000

Rs. 150000

Rs. 75000 - less than Rs. 100000

Rs. 200000

Rs. 100000 - less than Rs. 150000

Rs. 300000

Rs. 150000 - less than Rs. 200000

Rs. 400000

Rs. 200000 and above

Rs. 500000

Interest Rate: 30% per annum (annuualised)

Billing Cycle:

Billing Cycle Billing Date Pay by Date (Due Date)

21st of a month to 20th of succeeding month

20th of every month

10th or 9th of subsequent month

Schedule of Charges -  (Click here)

Customer Care (Toll Free): 18004257744

Credit Card Division: 044-28519573/9574/9575

Bank Official: Shri Pinku Sabout (Chief Manager)

Phone: 044-71729701
E-Mail: creditcard@iobnet.co.in

To Apply Online: (Click here)

Click to visit Credit Card Customer Portal