CreditCard

Last Updated on: 21/08/2023

CreditCard

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Features of IOB Classic Credit Card Features of IOB Gold Credit Card
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✔ Limit Rs 10,000 to Rs.50,000

✔ Daily transaction limit 100% of Card Limit or available balance for POS & E-Com transactions.

✔ Daily Cash Withdrawal limit 40% of Card limit or available balance in card whichever is less.

✔ Interest free purchase available from 20 days to 50 days depending upon the date of purchase.

✔ IOB Credit Card awards cash back of Rs.0.20 per point for every Rs.100/- spent. The same is adjusted towards the monthly outstanding at the time of generation of bill.

✔ Lower rate of interest: 30% p.a. (Annualized).

✔ Baggage Insurance: Rs.25000/-

✔ Purchase Protection: Rs.25000/-

✔ Limit Rs 60,000 to Rs.5,00,000

✔ Daily transaction limit 100% of Card Limit or available balance for POS & E-Com transactions.

✔ Daily Cash Withdrawal limit 40% of Card limit or available balance in card whichever is less.

✔ Interest free purchase available from 20 days to 50 days depending upon the date of purchase.

✔ IOB Credit Card awards cash back of Rs.0.20 per point for every Rs.100/- spent. The same is adjusted towards the monthly outstanding at the time of generation of bill.

✔ Lower rate of interest: 30% p.a. (Annualized).

✔ Baggage Insurance: Rs.25000/-

✔ Purchase Protection: Rs.25000/-

Personal Accident Insurance Cover

Personal Accident Insurance Cover

✔ Personal Accident - Death due to Air crash

i) Self - 4.00 Lakh

ii) Spouse - 2.00 Lakh

✔ Personal Accident - Death due to Road / Rail

i) Self - 2.00 Lakh

ii) Spouse - 1.00 Lakh

✔ Personal Accident - Death due to Air crash

i) Self - 4.00 Lakh

ii) Spouse - 2.00 Lakh

✔ Personal Accident - Death due to Road / Rail

i) Self - 2.00 Lakh

ii) Spouse - 1.00 Lakh

    ✔ Any IOB Customer

    ✔ NRI can apply for credit card. Applicants who are NRI and holding Indian passport are also eligible for credit cards

    ✔ Minimum CIBIL score for applying credit card is 650

    ✔ Maximum Eligible Amount based on Gross Income:


Gross Monthly Income Credit Limit

Rs.5000 -less than Rs.10000

Rs.10000

Rs.10000 - less than Rs.20000

Rs.25000

Rs.20000 - less than Rs.30000

Rs.50000

Rs.30000 - less than Rs.35000

Rs.60000

Rs.35000 - less than Rs.40000

Rs.75000

Rs.40000 - less than Rs.50000

Rs.100000

Rs.50000 - less than Rs.75000

Rs.150000

Rs.75000 - less than Rs.100000

Rs.200000

Rs.100000 - less than Rs.150000

Rs.300000

Rs.150000 - less than Rs.200000

Rs.400000

Rs.200000 and above

Rs.500000

Interest Rate: 30% per annum (annuualised)

Billing Cycle:

Billing Cycle Billing Date Pay by Date (Due Date)

21st of a month to 20th of succeeding month

20th of every month

10th or 9th of subsequent month

Schedule of Charges -  (Click here)

    ✔ Application Form for VISA Credit Card - (View)

    ✔ Most Important Terms & Conditions - (View)

    ✔ Explanation on SMA and NPA Accounts - (View)

    ✔ Schedule of Charges - (View)

    ✔ Frequently Asked Questions (FAQ) - (View)

    ✔ Fair Practice Code For Credit Card Operations - (View)

    ✔ Fare Price Code - (View)

    ✔ How to Activate the New IOB Credit Card? - (View)

    ✔ How to Make Monthly Payment of IOB Credit Card Bill? - (View)

    ✔ How to Enable the Domestic/ International Transaction and Daily Limit Settings in Customer Portal? - (View)

    ✔ How to Generate PIN for the New Credit Card? - (View)

Customer Care (Toll Free): 18004257744

Credit Card Division: 044-28519573/9574/9575

Bank Official: Shri Pinku Sabout (Chief Manager)

Phone: 044-71729701
E-Mail: creditcard@iobnet.co.in

To Apply Online: (Click here)

Click to visit Credit Card Customer Portal