SELECT `id` FROM `tbl_card` WHERE `title` = 'Bank Of India Credit Card For Pensioners' AND `card_type` = 'Credit Cards' Bank Of India Credit Card for Pensioners - Features, Benefits, login

Apply Now

BANK OF INDIA CREDIT CARD FOR PENSIONERS

Bank of India is a state owned commercial bank and it was established on 7 September 1906 and their headquarters in Mumbai. This bank provides a wide range of banking and financial services to the customers.

You can apply for most credit cards when you're on a pension, retired or a senior citizen – as long as you meet the card's application requirements. The credit card issuer may also ask you for additional documents and details about your income and other financial circumstances. Bank of India Credit Card for Pensioners is a one-of-a-kind product which is exclusively designed for those citizens who are withdrawing pension from either State or the Central Government. The card comes with many benefits and allowances for the customers to avail.

Bank of India Credit Card for Pensioners Features

1. The card is exclusively designed for the pensioners

2. The limit of this card would be up to three times the monthly pension of the card bearer

3. The billing cycle for this card is from the 16th of the current month to the 15th of the next month.

4. The date of repayment for this card is on or before the 5th of succeeding month

5. 24/7 customer care assistance for credit card related issues, complaints or information.

6. Other facilities such as internet web based access.

7. Interest free credit period of 19 to 50 days.

8. Bank of India Pensioners credit card holders can withdraw cash from any ATM including other bank ATMs using their card.

9. Bank of India Pensioner credit cardholders can avail the cash advance facility at over 4000 bank branches with free remittance option for credit card payment.

10. You can enjoy the benefit of not having to carry cash with you for purchases and for shopping.

Bank of India Credit Card for Pensioners Benefits 

Reward Type

Shopping

Bank Transfer Facility  

The minimum amount required to avail the balance transfer facility is Rs.10,000 for other bank cards and Rs.5,000 for Bank of India Credit Card for Pensioners.

Insurance Premium Discount  

BOI Pension Credit Cardholders can avail discount in the mediclaim insurance policy premium for up to Rs. 5 lakhs. This benefit is offered in partnership with National Insurance Co. Ltd.

EMIs Facility 

The cardholder can easily convert his purchases to EMI given that the value of transaction is over Rs.5000. Now, you do not have to think twice before making any costly purchases.

Interest free credit 

All the purchases that you make using a BOI Pensioners Card will be offered for up to 51 days of interest free credit period.

Revolving Credit Facility 

The customer will have to pay an interest of 1.70% per month on the 90% outstanding balance. If the entire amount is overdue, the cardholder will be charged an interest of 2.5% per month.

Bank of India Credit Card for Pensioners Fee and charges

To apply for a pensioners credit card, you have to pay fees and charges applied by the Bank of India. It covers all charges and fees made by a bank to their customers.The following charges are taken from the Bank of India i.e joining fee, annual fee, interest rate, late payments charges etc.

TYPE

CHARGES

Joining Fee

NIL

Annual Fee

Rs.600

Interest Rate 

2.50% per month

Free Credit Period

Minimum of 19 days to maximum of 50 days.

Credit Limit for Bank of India Credit Card for Pensioners

Three times the monthly pension of the customer.

Bank of India Credit Card for Pensioners Eligibility Criteria

Before applying for a Pensioners credit card from Bank of India, you should fulfil all basic eligibility criteria as prescribed by the bank. You will get your credit card very soon if you meet all the required eligibility criteria once the documentation is done.

1. This card is offered to pensioners in India. The applicant must be a person of Indian origin.

2. The applicant must have a good CIBIL score and must not have defaulted on payments of dues pertaining to any other Bank or Bank of India.

Bank of India Credit Card for Pensioners Documents Required

Any applicant who is applying for a Pensioners credit card from Bank of India must have to submit the following documents. These documents are the requirements for the lenders who are providing you the credit card.

1. KYC Documents = PAN, address proof and ID proof

2. Coloured photograph

3. Income Proof = Last 3 month salary slip

4. Last 3 months bank statement 

5. ITR or Form 16

Bank of India Credit Card Login 

Cardholders of Bank of India Credit Card can log in to their credit card account through following steps :

1. First of all, go to the official website of Bank of India

2. On this website, an option “Internet Banking” will be found on your right side, Click on it.

3. After that, two more options will come – “Personal” or “Corporate,” Click on any net banking option which you have already registered.

4. Now you will see a pop-up window in which some things related to security will be written. Click on the “OK” button or wait for some time, it will be automatically removed, and you will go to the next step.

5. Now you will reach the BOI Net Banking website. On the top left corner, you can see the option “Retail Login.” Fill User ID and Password in the given boxes.

6. After entering the ID & password, click on the “Submit” option.

7. After clicking on the Submit option, you will be reached into your account.

Bank of India other products

1. Bank of India Personal Loan

2. Bank of India Car loan 

3. Bank of India Credit Card

4. Bank of India Education Loan

How to apply for Bank of India Credit Card for Pensioners 

There are two reason to apply for Bank of India Credit Card for Pensioners :

1. Offline Method : By visiting the nearest branch of Bank of India 

2. Online Method 

  • Visit the website of the bank you wish to apply for the Pensioners Credit Card scheme.

  • From the list of options, choose the Pensioners Credit Card.

  • On clicking the option of ‘Apply’, the website will redirect you to the application page.

  • Fill the form with the required details and click on ‘Submit’.

  • On doing so, an application reference number will be sent.

  • If you are eligible, the bank will get back to you for the further process within 3-4 working days.

Bank of India Credit Card for Pensioners Customer Care

Contact number : 18001031906

Email id : boi.callcenter@bankofindia.co.in

Bank of India Credit Card Payment Online 

Credit cards have become a very useful tool for people to complete their daily transactions like paying utility bills, paying mobile bills, buying groceries etc. Gone are the days when credit cards were only used for buying airline tickets or similar large transactions. 

1. Login to your Bank of India net banking account

2. Go to 'Credit Cards'

3. Find the option to make 'Credit Card Bill Payment'

4. Choose between 'Total Amount Due' and 'Minimum Amount Due'

5. Click on 'Pay' to process the payment

Bank offered Financials products

BUSINESS LOAN

CAR LOAN

COMMERCIAL LOAN 

EDUCATION LOAN

GOLD LOAN

HOLIDAY LOAN 

HOME LOAN 

LOAN AGAINST PROPERTIES 

LOAN AGAINST SECURITIES

PERSONAL LOAN

PROFESSIONAL LOAN

TWO WHEELER LOAN

Bank of India Credit Card for Pensioners Frequently Asked Questions 

1. What is a Bank of India Credit Card for Pensioners?

Bank of India Credit Card for Pensioners is a one-of-a-kind product which is exclusively designed for those citizens who are withdrawing pension from either State or the Central Government. The card comes with many benefits and allowances for the customers to avail.

2. How can I apply for a Bank of India Credit Card for Pensioners?

You can apply for a Bank of India Credit Card for Pensioners online and offline by visiting the nearest bank branch.

3. How do I contact customer care for a Bank of India Credit Card for Pensioners?

You can contact through customer care toll free number and also through e-mail id for a Bank of India Credit Card for Pensioners.

4. What is the customer care number of a Bank of India Credit Card for Pensioners?

The customer care number of Bank of India Credit Card for Pensioners is 18001031906.

5. What is the Email id of Bank of india Credit Card for Pensioners?

The Email id of Bank of India Credit Card for Pensioners is boi.callcenter@bankofindia.co.in.

6. What is the annual fee of Bank of India Credit card for Pensioners?

The annual fee of Bank of India Credit Card for Pensioners is Rs.600.

Last Updated on : 03/Oct/2020

Know More About CREDIT CARDS

Bank Of India Credit Card For Pensioners

You're eligible for a Bank Of India Credit Card For Pensioners if you:


Are legally adult enough to handle it


Have still got it


Get a regular pay check


Make more than a basic buck

Your eligibility depends on:


Earn more than minimum income required


Maximum allowed Credit Cards is Rs. 10K to Rs. 45 lakhs


EMIs of other loans loweryour eligibility

Boost your eligibility by:


Pay off your credit card bills


Choose longer tenure loan up to 5 years

Nothing gets done without that paperwork (which we'll happily carry over to the bank for you, no sweat). Here's what you'll need:

  • 1. Photo ID and age proof
  • 2. Signed application form with photograph
  • 3. Residence proof
  • 4. Last 6 months bank statement
  • 5. Documentation for salaried applicants:
    • Last 3 months salary - slips
    • Form 16 or Income Tax Returns
  • 6. Documentation for self-employed applicants:
    • Last 3 years Income Tax Returns with computation of Income
    • Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account