Home Credit CardsIndia Credit Cards Bank Of India Credit Cards

Bank Of India Credit Cards

By: EconomyWatch Date: 6 October 2010

About The Author

The core Content Team our economy, industry, investing and personal finance reference articles.

Bank of India Credit Cards offer a wide range of features to the card holders for exceptional convenience and improved financial benefits. The Bank of India Credit Card charges a Revolving Credit at a preferential rate of 1.7% per month, which is one of the lowest in industry.

History of Bank of India

Bank of India was established in 1906 by a group of businessmen in Mumbai. The Bank remained under private ownership till it was nationalized in1969. Bank of India was one of the first nationalized banks to establish a fully computerized branch and ATM facility, way back in 1989.

Bank of India Credit Cards

Bank of India offers a wide range of credit cards with special individual features. These include:

Bank of India Gold (Visa) Card

Some of its features include

The card is valid in India as well as Nepal.
Insurance benefits.
Emergency Cash Disbursement/Replacement.

Bank of India Taj Premium Card (MasterCard)

It offers:

The add-on cards offer flexible credit limit.
Free policy cover for accidental insurance.
Corporate Cards.

Bank of India Gold International (VISA)

This card is suitable for people who travel abroad frequently. Some of its special features include:

Access to the VISA Emergency Assistance Centre (VEAC) for availing services for reporting Lost/ Stolen Card.
Facility to withdraw cash at over 8.1 lakh Visa network ATMs and 4.14 lakh other locations worldwide.
Easier and faster online payments for foreign education admissions.
Faster transaction while Internet subscriptions and purchases worldwide.

Shatabdi Krishi Vikas Card (VISA)

This card is issued to agricultural borrowers of the Bank, throughout the country. Farmers who have agricultural loan accounts with Cash Credit/Crop Loan facility of Rs.50,000 and above, and land mortgaged to the Bank for crop loan/other investment loan account can apply for this card.

Other Bank of India Credit Cards includes:

1. Bank of India Navy Classic Card

2. Bank of India Navy Silver Credit Card

3. Bank of India Navy Gold card

These come with easy pay option, add-on cards and Special Security Plan to avail accidental Medi-Claim and insurance policies at discounted rates.

Bank of India is one of the major banks in the country with 2609 branches, including 93 specialized branches. The Bank has a relatively large presence in other countries, with a network of 23 branches at important financial and banking centres, including London, Paris, New York, Hong-Kong, Tokyo and Singapore.

‘Bank of India Credit Cards’ is a trademark of the Bank of India, who can be found at www.bankofindia.com.