Indian Bank Credit Cards

Indian Bank offers credit cards that cater to different needs of its customers. The cards are accepted globally, but there is also one card that is issued only for domestic use. With an Indian Bank credit card, you can enjoy credit at low interest rates. Get up to 45 days free of interest on your purchases. As a cardholder, you receive complimentary insurance that covers a range of threats and danger. Get protection on your life, travels, accidents, hospitalisation and purchases. Spread the joy with your family by availing of up to 4 supplementary credit cards.

Why Choose an Indian Bank Credit Card?

High credit limits and interest-free periods coupled with low interest charges are just some of the features of an Indian Bank Credit Card that makes it so appealing. Get a card for personal use and business purposes. Avail of these cards at no cost at all. There are no joining, annual or renewal fees attached to these credit cards.

Features and Benefits of Indian Bank Credit Card

• Zero Annual Fee:

  Indian Bank Credit Cards bear no annual fee or renewal fees.

• Accepted Worldwide:

  The Indian Bank Credit Card is accepted at over 1.5 lakh merchants in India. It is also accepted worldwide at over 30 million merchants which accept VISA. The Bharat card is the only card that is valid only within India.

• Rewards and Cash back:

  For every Rs. 100 spent on Indian Bank Credit Card, you will earn 50 paisa. You need to collect at least Rs. 500 to be able to redeem the rewards. The reward points can be redeemed for cash back that will be credited to your bank account.

• Interest-free credit period:

  Get a minimum of 15 days up to a maximum of 45 days interest-free on your purchases. Pay your bills in full to continue the interest-free cycle on every purchase.

• Revolving Credit:

  If you choose to pay only the minimum due on your credit card, or make a partial payment, you can carry forward the remainder at low interest charges. The interest is calculated provisionally and will be refunded once you make the credit card payment.

• Comprehensive Insurance Scheme:

  Receive free insurance cover with your Indian Bank Credit Card. The insurance covers life insurance in case of death by air accident or any other accident. It safeguards you financially in case of hospitalisation resulting from accident, lost luggage and more. The insurance scheme also carries purchase protection.

• Cash Advance:

  Have access to cash anytime you need it with your Indian Bank Credit Card. Withdraw from over 5,500 VISA ATMs in India and 800,000 VISA ATMs around the world.

• Add on cards:

  Spread the joy with you family by availing of up to 4 supplementary credit cards.

Charges and Interest Rates for Indian Bank Credit Card

Indian Bank Credit Card Rewards Points

You are entitled to earn rewards on your purchases made with an Indian Bank Credit Card. For every Rs. 100 spent, you will earn 50 paisa. You can redeem the rewards in the form of cashback once you have accumulated Rs. 500.

Eligibility Criteria for Indian Bank Credit Card

To be eligible for an Indian Bank Credit Card you need to meet the following eligibility requirements.

Documents required for Indian Bank Credit Card

To complete the process of your application for an Indian Bank Credit Card, you need to submit the following documentation.

1. ID and Age Proof -

   A copy of your passport, driver’s licence, Voter’s ID, Aadhar card, or any other valid Government ID as per KYC norms.

2. Address Proof -

   A copy of your utility bills, driver’s licence, passport, Voter’s ID, Aadhar card, or any other valid Government ID as per KYC norms.

3. Income Proof -

   Self-employed individuals can submit IT returns. Salaried individuals can submit their latest payslip or IT proof. You must need to submit your statement of accounts for the last three months for banks other than Indian Bank.

4. A copy of your PAN card -

   You are required to submit your PAN card details to avail of a credit card.

5. For the VISA Business card -

   Companies need to submit financial statements for the last two years, a branch recommendation, and a letter to extend the lien on existing securities to cover the proposed business credit card

List of Indian Bank Credit Cards

• Indian Bank Global Classic Credit Card -The Indian Bank Global Classic Credit Card is offered to individuals earning at least Rs. 12,500. Get credit limits that range between Rs. 25,000 and Rs. 75,000. Enjoy global acceptance, complimentary insurance, rewards, cash advance, add-on cards and low finance charges.

• Indian Bank Global Gold Credit Card - The Indian Bank Global Gold Credit Card is offered to individuals earning at least Rs. 12,500. Get credit limits that range between Rs. 75,001 and Rs. 3 lakhs. Enjoy high credit limits, low finance charges, complimentary insurance, cash advance, global acceptance, rewards, add-on cards and more.

• Indian Bank Bharat Credit Card - This card can be availed of only by Indian nationals who are earning at least Rs. 5,000. The credit limits are capped at Rs. 20,000. Indian Bank Bharat Credit Card caters to those who need a credit card for smaller value purchases. Interest rates are low and credit periods reach up to 45 days. Free insurance is given with the card.

• Indian Bank VISA Business Credit Card - These cards can be availed of by corporates, limited Companies, partnerships and sole proprietary concerns. Up to 5 cards can be issued to one unit. Get credit limits that range between Rs. 75,001 and Rs. 3 lakhs. Enjoy Indian Bank VISA Business Credit Card for business purposes that include travel, entertainment, maintenance, repairs and operations.

FAQs on Indian Bank Credit Card

1. What is the billing cycle for the Indian Bank credit card?

   The billing cycle refers to a particular date of every month that is chosen to be the billing date. Your interest-free period on each purchase will be determined by this date. The table below depicts the billing date for each credit card. The payment date will usually be 15 days after the bill is generated.

2. Is there are limit on the number of transactions I can carry out?

   There are no limits on the number of transactions you can carry out in a day on your Indian Bank Credit Card. The Bharat Card has a limit of 5 transactions per day and cash withdrawals are limited to two per day.

3. What is the procedure in case I lose my Indian Bank credit card?

   In case you lose your Indian Bank credit card, report it to the Indian Bank credit card customer care immediately. Your card will be blocked and the bank will issue a new one. If you suspect your card is stolen or there is any misuse of the card, you need to file an FIR with the police and submit a copy to Indian Bank Credit Card Centre.

4. What happens if I miss making a payment on my Indian Bank credit card?

   If you miss paying the minimum amount due, a penalty will be imposed. Your credit limit will be reduced till you make the payment on your credit card. If you miss making payments on your credit card continuously for two months, then your card will be blocked and an additional fee will be levied. Continued delay for three months will result in you being marked as a defaulter.

5. What is the date on which the Indian Bank credit card bill will be generated?

   The credit card bill will be generated on the 20th day of every month which came into effect from 20th September 2019. The due date to make the payment for the credit card bill will be 4th and 5th day of the succeeding month.

6. How can I get my credit card blocked?

   You can block your Indian Bank credit card by following any one of the steps given below:

   • Send an SMS typing ’BLOCKCC’ and send it to the number 56767from your registered mobile. You will immediately get a confirmation message for the same.
   • Call the customer care number 1800 425 00000 where you can ask the customer care executive to get your card blocked.
   • You can send an email to creditcard@indianbank.co.in requesting for your credit card to be blocked.
7. I found my lost credit card? Can I use it again?

   If you have gotten your credit card blocked and after it found your lost card, do not use it. Instead, destroy it by cutting it across the magnetic strip. Once you have your card blocked, the bank will issue you a duplicate credit card.

8. I have availed a home loan from India Bank. Can I apply for a credit card from the bank?

   Indian Bank has come up with this offer where if you have availed a home loan from the bank then they will offer you a pre-approved credit card with a credit limit of Rs.1 lakh. You can find more about this by either calling the toll-free number 1800-425-00000 or by visiting the nearest branch of Indian Bank.