SELECT `id` FROM `tbl_card` WHERE `title` = 'Indian Bank Visa Business Credit Card' AND `card_type` = 'Credit Cards' Indian Bank VISA Business Credit Card Features, Eligibility, Offers

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INDIAN BANK VISA BUSINESS CREDIT CARD

Indian Bank is an Indian state owned financial services company established on 15 August 1907 and their headquarters in Chennai, India. It serves over  100 million customers with 20.924 employees, 6089 branches with 5022 ATMs and 1494 cash deposit achines and is one of the top performing public sectore banks in India.

The Indian Bank VISA Business Credit card is also accepted worldwide at over 30 million merchants which accept VISA. This includes over 1.5 lakh merchants in India. The card can be used for business expenditure that includes travel, entertainment, maintenance, repairs and operations. The card is issued free of cost which includes zero joining fees and annual fees. Get cash advances for up to 20% of the credit limit at low finance charges.

Indian Bank VISA Business Credit Card Features

1. Global acceptance

2. Up to 5 cards for each business entity

3. Air Accident death cover of up to Rs.5 lakh

4. Accidental Death cover of up to Rs.2 lakh

5. Hospitalisation cover due to accident of up to Rs.1 lakh

6. Credit Shield on death due to accident of up to Rs.25,000

7. Purchase Protection cover of up to Rs.25,000

8. Cashback of Rs.0.50/Rs.100 spent

9. The card can be used for business expenditure that includes travel, entertainment, maintenance, repairs and operations.

10. Get a minimum of 15 days to a maximum of 45 days interest-free credit on your purchases. 

Indian Bank VISA Business Credit Card Benefits 

Reward type

Entertainment, Travel

Low Finance Charges

Interest is charged at 1.99% per month on your outstanding balance. (23.88% per annum). Cash transactions attract a higher charge of 2.25% per month.

Rewards Points 

Cashback of Rs.0.50/Rs.100 spent

High Credit Limits

The credit limit on the VISA Business Card ranges between Rs. 75,001 and Rs. 3 lakhs. 

Revolving Credit 

Get a minimum of 15 days to a maximum of 45 days interest-free credit on your purchases. 

Insurance Cover

Death due to air accident = Rs.5 lakh

Death due to any other accident = Rs. 2 lakh

Hospitalisation cover due to accident = Rs.1 lakh

Credit Shield on death = Rs.25000

Baggage Cover = Rs.10000

Purchase Protection = Rs.25000

Indian Bank VISA Business Credit Card Fee and charges

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

TYPE

CHARGES

Annual Fee

Nil

Joining Fee

Nil

Add on Card

NA

Interest on revolving credit

1.99% per month (23.88% per annum).

Minimum due

25% of the transaction amount + charges, subject to a minimum of Rs. 1,000.

Late Payment Penalty

Rs. 250

Cash advance limit

Up to 20% of the credit limit.

Cash advance transaction charge

Indian Bank ATM - Nil

Other domestic Bank’s ATM - Rs. 50

International ATM - Rs. 250

Finance Charges on Cash withdrawal

2.25% per month from the date of transaction. (27% per annum)

Limit Enhancement

Rs. 100

Over limit charges

Rs. 50

Booking Railway ticket charges

1.8% of the transaction amount subject to a minimum of Rs. 10

Fuel surcharge

2.5 % of the transaction subject to a minimum of Rs. 10.

Cheque return

Rs. 250

Card reissue

Rs. 250

PIN Mailer re-issue

Rs. 50

Charge Slip retrieval

Rs. 125 per slip

Statement retrieval

Rs. 100 per statement

Foreign Currency Transaction fee

3% markup

Service Tax

14.50%

Indian Bank VISA Business Credit Card Eligibility Criteria

Before applying for a VISA Business Card from Indian Bank, 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. Limited Companies, partnerships and sole proprietary concerns can apply.

2. Applicants should have a corporate or SME Loan account with aggregate limits of Rs. 10 lakhs and above.

3. Reputed Corporates with current accounts which have satisfactory track records of operations.

4. A maximum of 5 cards can be availed for one unit.

5. Cards will be issued in the name of the executives or employees along with the name of the company on the card, as per the request of the corporates and SMEs.

Indian Bank VISA Business Credit Card Documents Required

Any applicant who is applying for a VISA Business credit card from Indian Bank 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

Indian Bank Credit Card Login 

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

1. Login to Indian net banking account

2. On the right side, you will see a customer login displayed

3. Enter your card number/ user ID and password

4. Click on sign in

6. You will be logged in to your Indian Bank Credit Card account

Indian Bank other products

1. Indian Bank Business Loan

2. Indian Bank Car Loan

3. Indian Bank Home Loan 

4. Indian Bank Personal Loan

How to apply for Indian Bank VISA Business Credit Card

There are two reason to apply for Indian Bank VISA Business Credit Card :

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

2. Online Method 

  • You can visit the ‘VISA Business Credit Cards’ page of the Indian Bank official website

  • Enter your personal and contact details

  • After the verification, a representative from the bank will get in touch with and ask guide you through the process

  • You may have to submit KYC documents and income proof to get an Indian Bank credit card

Indian Bank VISA Business Credit Card Customer Care

Contact number : 180042500000

Email id : customercomplaints@indianbank.co.in

Indian Bank VISA Business 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 Indian Bank internet banking account

2. Find 'Credit Card Bill Payment' option

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

4. Click on 'Submit' 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

Indian Bank VISA Business Credit Card Frequently Asked Questions 

1. What is a Indian Bank VISA Business Credit Card?

The Indian Bank VISA Business Credit card is also accepted worldwide at over 30 million merchants which accept VISA. This includes over 1.5 lakh merchants in India. The card can be used for business expenditure that includes travel, entertainment, maintenance, repairs and operations.

2. What is the annual fee of a Indian Bank VISA Business Credit Card?

The annual fee is NIL of a Indian Bank VISA Business Credit Card.

3. What is the minimum and maximum age the applicant is required to get a Indian Bank VISA Business Credit Card?

The minimum age of the applicant is 25 years and maximum age is 60 years to get a Indian Bank VISA Business Credit Card.

4. What are the rewards points given in a Indian Bank VISA Business Credit Card?

The rewards points are given in a Indian Bank VISA Business Credit Card are :

  • Cashback of Rs.0.50/Rs.100 spent

5.How can I apply for a PIndian Bank VISA Business Credit Card?

You can apply for a Indian Bank VISA Business Credit Card online and offline by visiting the nearest bank branch.

6. How do I contact customer care for a Indian Bank VISA Business Credit Card?

You can contact through customer care toll free number and also through e-mail id for a Indian Bank VISA Business Credit Card.

7. What type of rewards are included in the Indian Bank VISA Business Credit Card?

Cashback rewards are included in the Indian Bank VISA Business Credit Card.

8. How much interest rate is provided by a Indian Bank VISA Business Credit Card?

The interest rate is 1.99% per month provided by a Indian Bank VISA Business Credit Card.

9. What are the minimum late payment charges of Indian Bank VISA Business Credit Card?

The minimum late payment charge is Rs.250 of Indian Bank VISA Business Credit Card.

10. What is the joining fee of a Indian Bank VISA Business Credit Card?

The joining fee of Indian Bank VISA Business Credit Card is NIL.

Last Updated on : 04/Oct/2020

Know More About CREDIT CARDS

Indian Bank Visa Business Credit Card

You're eligible for a Indian Bank Visa Business Credit Card 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