Card Products

Exceptional Convenience and financial benefits no other Cards offer

Choice of Charge or Credit

Choice of branch billing (auto debit) or direct
Cardholder will have the choice of paying the bills directly or through a debit to his designated  charge account with any of our branches.

Mode of Billing and dispatch

Billing is done monthly and the bills (Credit Card statement) are mailed to the Cardholders by ordinary post .For illustrations on interest calculation click here


Lowest Service Charges

Revolving Credit at preferential rate of 1.7% per month (APR: 22.45 % per annum on daily balances) on cards where minimum payment is made by due date is provided which is one of the lowest in industry.
See terms and conditions for details

No Entrance Fee Our credit cards are issued without any entrance fee

Lowest Membership Fee All the exceptional features are available at a nominal membership fee, which is lowest in the industry. We do not believe in charging for services not availed
(Please see membership fee chart )

Interest Free Period:

An interest free period ranging from 21 to 51 days is available depending upon the date of  purchase and date of billing. Usage under Credit Card enables the cardholder to have a free Credit Period of 51 days depending upon the date of purchase and the date of billing. If the transaction happens to be a day after the billing date then this transaction will be billed in the next billing cycle. In such cases the cardholder may receive a maximum interest free credit period of about 51 days. However if the purchase is made a day or two prior to the billing date then that transactions will appear in the very next billing date in which case only a free credit period of about 21days will be available. Thus on an average the cardholder shall receive an interest free credit period of 35-37 days depending on his date of purchase.This interest free credit period will be available only if the "Total payment amount due" on the Card stands paid in full. However if the cardholder paid only the "minimum payment due" or an amount less than the "total payment due" the interest free credit period will not be available and applicable service/finance charges will be levied from the date of transaction.

Late Payment fee:

If the minimum amount due is not paid by the due date of the bill late payment charges of Rs.100/- will be levied on the last day of the billing cycle for minimum payment due exceeding Rs.1000/- in addition to finance charges

Cash Withdrawals

Freedom of withdrawing cash at branches

Cardholder can withdraw Cash against limits prescribed on their cards from any of the 2500 plus branches spread through out the country.
Click here to locate a branch near you

Through ATMs

Get the privilege to access 9000 ATMs in India and over 8.1 lakh ATMs across the Globe where VISA/MasterCard Cards are accepted round the clock. Can also with draw cash at all BOI/MasterCard/VISA/Cashtree/Bancs ATMs
(Click here to locate a BOI ATM)

Limited Lost card Liability

In the event of loss or theft of Card cardholder’s liability is limited to a maximum of Rs.1000/-
from the date of notification of such event to the Bank.24 Hrs Telephone help for hot-listing: All India toll free 1800220088

Balance Transfer Balance transfer facility available on all Cards. Cardholder can ask for a minimum transfer of Rs.5, 000/- and a maximum of up to 75% of his spending limit from his existing Card account with any other bank.

Easy Pay Scheme

Cardholder can convert his purchases above Rs.5, 000/- by joining this scheme and pay the outstanding in Equated monthly installments of 24/36 installments at a rate of interest of 1.5% monthly. For details refer Users guide available on request.

Add-On cards

Cardholder has the freedom to apply for two add-on members on his Card. Presently add-ons are allowed for cardholder's spouse, children, brothers, sisters and parents at lower membership fees.