Central Bank of India was set up by Sir Sorabji Pochkhanawala in 1911 with Sir Pherozeshah Mehta as its first Chairman. At the time it was said to be the first commercial bank that was owned and managed by Indians. The bank is noted for being a major influence in the creation of the first Indian exchange bank, which opened in London in 1936.. It was nationalized along with 13 other banks in the country in 1969 and that brought about another major turnaround for the bank.
Today, this Government-owned bank is considered to be one of the oldest and largest commercial banks in the country. According to recent reports, the bank has more than 4099 branches and more than 269 extension centres in different states and Union territories of the country. The bank has further expansion plans in place as it aims to open overseas branches in places like Dubai, Doha, London and more. Over the years its business had swelled to more than Rs. 2,097572 million and things have consistently been on an upward swing for the bank that has built trust amongst its consumers.
One of the major goals of the bank is to offer complete customer satisfaction. And it does that by strong service ethics and emphasis on products that are suited to users’ needs. Central Bank of India Credit Card is one such offering the bank has brought out for the benefit of its customers. If you have been looking for the best credit card offer to ensure that you can buy what you want or pay for travel expenses etc sooner rather than later then this card might be the right option for you.
Central Bank of India Credit Card is available to you in different forms and they have been created in a way that they can look after your specific needs. Some of the popular cards from the bank include
|Charges for Central Credit Cards||Visa Platinum Credit Card||Visa Gold Credit Card||All other Visa & Master Credit Cards|
|Service charges on outstanding balances||2.99% per month or part thereof||2.75% per month or part thereof||2.5 per month or part thereof|
|Cash withdrawal fee||Rs.100/-||Rs.100/-||Rs.100/-|
|Hot listing charges||Nil||Nil||Nil|
|Other Charges|| || || |
|Balance Transfer||2.25% service
month or part
|1.99% service charges per
month or part thereof
|No facility available|
|Late Payment Fee||Rs.100/- p.m.||Rs.100/- p.m.||Rs.100/- p.m.|
|Cheque Bouncing Charges||Rs.150/- for every cheque||Rs.150/- for every cheque||Rs.150/- for every cheque|
|Duplicate Statements||Rs.100/- per request||Rs.100/- per request||Rs.100/- per request|
Yes, you can transfer your balance from the other card to Visa Gold or Visa Platinum credit cards from the bank.
The interest free credit period is between 20 and 50 days.
You can get up to 80% of your credit limit through cash withdrawals.
Yes, you have the option of getting add-on cards for your spouse, children, parents and siblings over the age of 18 to take care of their financial needs.
Yes, you can get information regarding your credit card status as text messages on your mobile phones.
You can check the status of your application with the concerned bank by providing them with your application number.
Yes, you will be requested to provide your PAN Card number.
*Note: All rates are subject to change, therefore, the customer has to keep on checking the rates from time to time.
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