Bank in association with VISA has introduced Visa International Credit Card in order to pay the expenses for shopping, dining, travelling etc. The customers can also use the card for drawing cash from any of the IOB’s InstaCash ATM and all the ATMs that display the VISA logo. Our Bank is issuing two types of cards i.e IOB Gold & IOB Classic. Interest charged is 24% per annum (annuualised). The minimum card limit is Rs. 10,000 and the maximum credit limit is fixed at Rs 5 lacs.