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
provides unique financial products as well as services to its customers. This
time, it has launched a new valuable credit card Bank Of India Navy Silver for its valuable customers. This
credit card contains various attractive features as well as benefits that
cannot be found elsewhere. The Best Credit Cards in India has reviewed this valuable
credit card and found that it is very useful for people from Navy staff. 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/