By Divya Shokeen
Updated On June 15, 2022

Bank of Baroda offers credit cards with each of them having different minimum age and income requirements. The top 3 cards offered by Bank of Baroda are Easy, Select, and Premier. However, other than this, there are many more exclusive credit cards offered by the bank. Getting a credit card is not as easy as it seems to be. You need to fulfill certain eligibility requirements, which may depend upon various factors including age, income, credit score, of the individual, etc. In this article, you would find the eligibility requirements of Bank of Baroda Credit Cards.

Bank of Baroda Credit card eligibility

Eligibility criteria for Bank of Baroda credit cards

The standard eligibility criteria followed by the Bank of Baroda is as follows:

  • The individual must be between the age of 18-65 years.
  • The income requirement varies from card to card.
  • The individual must be salaried or self-employed.

Documents required to apply for a Bank of Baroda Credit Card

While applying for a credit card you need to certain documents with yourself. Hereunder is a list of documents:

Income Proof 
(any one)
Bank Statement or salary slip of last 3 months, last 2 years’ audited financial report,  etc.
Identity Proof
(any one)
Aadhaar Card, Driving Licence, Voter’s Id, Pan Card, Passport, or any other government-approved ID.
Address Proof
(any one)
Aadhaar Card, Passport, Utility Bills (not more than 3 months old), or any other government-approved ID.

Credit Cards offered by Bank of Baroda

Bank of Baroda offers a wide range of credit cards across different categories. The following are the minimum age and income requirements that the applicants need to fulfill in order to get approved for BoB Credit Cards:

Credit Cards Age  Income/Salary
Bank of Baroda Eterna Credit Card 21-65 years A minimum net annual income of Rs. 12 lakhs p.a. and above for both salaried and self-employed individuals.
Bank of Baroda Premier Credit Card 18-65 years Minimum net annual income of Rs. 7.2 lakhs p.a. and above.
Bank of Baroda Easy Credit Card 18-65 years Minimum net annual income of Rs. 3 lakhs p.a. and above.
Bank of Baroda Select Credit Card 18-65 years Minimum net annual income of Rs. 3 lakhs p.a. and above.
Bank of Baroda Prime Credit Card 18-65 years Issued against fixed deposit of Rs. 15,000.
IRCTC BoB RuPay Credit Card Above 18 years Minimum 3.6 lakhs per annum
HPCL Bank of Baroda ENERGIE Credit Card Above 18 years Minimum 3.6 lakhs per annum

Factor affecting your Bank of Baroda Credit Card:

Debt to Income Ratio: The factor which can badly affect your credit card eligibility is the bad debt to income ratio. Credit card issuer does not issue credit cards to those who already are in possession of unsecured debt and low-income level thereby indicating low repaying strength.
Age: The applicant is required to meet the age requirement when applying for a Bank of Baroda Credit Card. Not fulfilling this eligibility requirement can stand your application being rejected.
Income: Income determines your purchasing and repaying power. Not satisfying the minimum income requirement can affect your Bank of Baroda Credit Card eligibility.
Credit Score: Credit Card issuers scrutinize your application before issuing a credit card. Having a bad credit score or no credit history at all can affect the eligibility requirement for the Bank of Baroda Credit Card.

FAQs:

Bank of Baroda issues a Prime Credit Card against a fixed deposit of Rs. 15,000. To avail of this card, the minimum age requirement is 18 years.

Sending multiple applications in one go brings the applicant under the radar of credit card issuers. Your eagerness to get a credit card alerts the credit card issuer and this is the main reason why your credit card application got rejected. It is advisable to send a single application at a time.

If you are already a credit cardholder, you can improve your credit score by clearing dues on time. If you are applying for the first and don’t have any credit history go for a secured credit card like Bank of Baroda Prime Credit Card or some other entry-level cards to start building your credit history.

Yes, Bank of Baroda credit cards can be used for making international transactions. However, you can be charged with a foreign currency mark-up fee on making international transactions.

Sign up for the Card Insider Weekly Newsletter!

By providing my email address, I agree to cardinsider.com’s  Privacy Policy

Thanks For Subscribing!

Please confirm the email address

Please verify your email address