Bank Of India
Description
This
time, the renowned Bank of India comes with a new credit card Bank Of India Navy Silver. We at Best Credit Cards in India will
inform you about its significant advantages and features.
One
of the most reputed banks of India ,
bank of India
How to apply for a Bank
Of India Navy Silver
If
you are planning to apply for this valuable credit card then you may apply
either by visiting the nearest branch of bank of India or by using the online
facility of the Bank. The online procedure for applying for Bank Of India Navy Silver is stated below.
Ø You need to visit the official web portal of Bank of India and download
an application form.
Ø Fill this downloaded application form with required information including
your name, date of birth, permanent account number (PAN card), residence
address, one valid landline or mobile number, email address and occupation.
Ø After getting the approval from the bank, you need to visit the nearest
branch along with required documents such as your income proof, identity proof,
address proof, copy of PAN card; last six months bank statement etc.
Eligibility criteria for applying for Bank Of India Navy Silver
The
eligibility criteria for getting this valuable credit card are stated below.
Ø
For applying for this card, you need to be an Indian
citizen.
Ø
Only Navy staff can obtain for this credit card.
Additional advantages and features
The beneficiary credit card, Bank Of India Navy Silver
comes with various attractive features and benefits such as –
Ø
Freedom of cash
withdrawal at branches
Ø
Very easy pay programs
Ø
Facility of add-on
cards
Ø
It comes embedded with
special accident insurance as well as medical claim scheme.
Ø
It comes with global
acceptance
Ø
24 hours customer
support and service
Ø
Air accident insurance
coverage would be INR 400,000
Ø
Other accident insurance
coverage would be INR 200,000
Late fee charges
Ø
Late payment charge for Bank Of India Navy Silver would be
INR 100 for due amount of INR 1000.
Details about extended credit limits
If
you want to extend your card’s credit limit then you need to visit the nearest
branch of Bank of India along with your updated income or bank documents. Bank
official will review your documents and exceed your card’s credit limit. However,
for exceeding credit limit, your card should be paid in full for last six
moths.
Transaction charges for Bank
Of India Navy Silver
The
transaction charges for this valuable credit card are stated below.
Ø
Penalty interest charge would be 1.70% per month or 22.45%
per annum.
Ø
over limit fee would be INR 100 for every transaction.
Ø
Service tax would be 12.36%.
If
you want to apply for Bank Of India Navy Silver then you need to click on this link www.bankofindia.co.in/