Did you know that Mr. Kumar’s Credit Card gets him free movie tickets every month? Get A Card
The Bank of Baroda Corporate Premium Credit Card is specially designed for businesses so that they can easily and efficiently manage their expenses. This Visa card has a host of benefits to offers to its cardholders. These benefits include personal insurance coverage, high withdrawal limit, security chip, loyalty points, benefits by Visa, etc.
Features and Benefits of Bank of Baroda Corporate Premium Card:
Validity – The Bank of Baroda Corporate Premium Credit Card is valid for use at an international level.
Interest Rate – The rate of interest on the Bank of Baroda Corporate Premium Credit Card is 2.6 % per month (APR – 31.2 %).
Loyalty Points – Whenever you spend Rs.100 using your Bank of Baroda Corporate Premium Credit Card, you will receive 1 Loyalty Point.
Cash Withdrawal Limit – The withdrawal limit is 30 percent of the card’s credit limit.
Insta Pay – Bank of Baroda credit cardholders can easily pay their bills online using their Insta Pay service.
Security – The Bank of Baroda Corporate Premium Credit Card comes with a security chip.
Personal Coverage – Bank of Baroda provides free insurance coverage to its Corporate Premium Credit Cardholders. The bank offers Personal Accidental Death Coverage of Rs.5,00,000 in case of death by air accident and Rs.1, 00, 000 in case of death by other accidents.
Exclusive Offers - The bank offers exclusive benefits to its credit card holders. The benefits include 0% fuel surcharge, discounts on hotel bookings, air tickets, holidays, etc.
Other Benefits – Bank of Baroda Corporate Premium Credit Card holders avail a number of benefits offered by Visa International
Mrs. Sharma enjoys cashback on all her retail purchases. You could too! Get A Card
Limited or Partnership firms or Government companies are eligible to apply for this card.
Capital – To be eligible for this card, the applicants need to have a paid up capital of Rs.25 Lakhs and more.
Net Worth – To be eligible for this card, the net worth of the company has to be Rs.50 Lakhs and more.
Credit Facility – The applicants need to have a credit facility with the bank for Rs.1 crore and more along with a BOB rating of 6 and more.
Companies which have existing relations with the bank are given preference
Applicants must provide the following documents while applying for a Bank of Baroda Corporate Premium Credit Card –
Undertaking Letter or Board Resolution
Partnership Deed or Memorandum of Article and Associations
Company PAN card
Copy of the Audited Balance Sheet and the Profit & Loss Account for the last 3 years
Company IT Return
These documents have to be verified from the nearest Bobcards Area office or the nearest Bank of Baroda Branch. Bank of Baroda account holders have to submit their applications through their concerned bank branch for getting their applications processed quickly.
Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.
Grab our newsletter!
Gain an edge by connecting with us via email. We promise never to spam you.
Request received - loud & clear! Returning you to where you were...
Psst... We'll ensure you're the very first to know the moment rates change.
We'll email you immediately! You snooze, you lose.