BoB Corporate Credit Card

Bank of Baroda Corporate Credit Card Features and Benefits

The Corporate Credit Card issued by the Bank of Baroda is a great business card that aims at fulfilling the credit requirements of corporates along with providing them with several exciting benefits. All the features of this card are mentioned below in detail:

Travel Benefits

The cardholders get 2 complimentary domestic lounge access every quarter, i.e. 8 visits per year with the Bob Corporate Credit Card

Insurance Benefits

• You get an air accident cover worth Rs. 1 Crore.
• The cardholders also get insurance coverage worth Rs. 10 lakhs against non-air accidental death.

Fuel Surcharge Waiver

• You get a 1% fuel surcharge waiver on all fuel transactions between Rs. 500 and Rs. 4,000.
• The maximum waiver per statement cycle is capped at Rs. 250.

Easy Tracking and Bill Settlement

• Employers can easily track all the speeds made by their employees using the BoB Corporate Card.
• All the credit cards issued to a corporate are billed on the same day and hence it becomes easier for you to clear the bills.

Bank of Baroda Corporate Credit Card Reward Points

The reward rates offered by the BoB Corporate Credit Card in different categories are as follows:

• You get 1 Reward Point on every retail spend of Rs. 100.
• You get 0.5 Reward Points on every spend of Rs. 100 on selected categories, like utility, telecom, government payments, etc.
• No Reward points are earned on fuel transactions.

Reward Redemption

• The Reward Points that you earn using this credit card can be redeemed against various options and also against the card’s outstanding balance.
• 1 Reward Point = Re. 0.25.

BoB Corporate Credit Card Eligibility Criteria

The eligibility criteria that you one has to fulfill in order to get approved for the Bank of Baroda Corporate Credit Card are listed below:

• The age of the cardholders should lie between 21 years and 65 years.
• The applicant should be an Indian resident.
• Sole proprietorships are not eligible to apply for this card.
• The corporate needs to have the following relationships with the bank:
  – Current Account with BoB
  – Fixed Deposit at BoB
  – CC/OD relationship with the bank

Documentation

The list of documents required to apply for the Bank of Baroda Corporate Credit Card is given below:

• Business registration certificate.
• PAN Cards of the individual cardholders.
• Latest audited ITR.
• Business address proof.

How To Apply For The Bank of Baroda Corporate Credit Card?

You can apply for the Bank of Baroda Corporate Credit Card online or offline at your convenience. Bank of Baroda provides you with different online/offline ways to apply for this card. To apply offline, just visit your nearest BoB branch with all the above-mentioned documents and fill out the physical application form at the branch. You can also apply online for this card as follows:

• Visit BoB Financial’s official website.
• Under the Corporate Credit Card, click on the option ‘Apply Now.’
• Start the application process by filling in the required details.
• Complete the application form carefully and submit it.

Bottom Line

With a zero annual fee, the BoB Corporate Credit Card provides you with lots of benefits that one can hardly expect from a lifetime-free card. From a decent reward rate to travel privileges to insurance benefits, you get to enjoy maximum privileges with minimal charges. Talking about the convenience of your business, you can track the expenses of all the cards easily through net banking and the bill payment is also hassle-free as the bills of all the cards are generated on the same day. So, if you are looking for the best credit card to fulfill all the credit requirements for your business, you should definitely consider the BoB Corporate card. Just make sure to check the eligibility requirements before applying for it.