IRCTC BoB
MyRupaya Ratings
Product Details
Credit Card Name :
IRCTC BoB
Bank Name :
Bank of Baroda
Type :
Lifestyle Credit Card
Interest Rate :
3.49% per month.
Eligibility :
Age Criteria: Primary Card Holder- 21 to 65 years old ; Add-on Cardholder- above 18 years old
Minimum annual income of INR 3.60 Lakhs for salaried individuals and minimum annual income of INR 4.80 Lakhs for self-employed individuals
Resident of India
Pros
Welcome Benefit: Users will get 500 reward points on spending Rs 5000 or more in the first 60 days of card issuance.
Reward System: 40 reward points for every ₹100 spent on any other category including train ticket purchases on IRCTC Website and Mobile App. Earn 4 Reward Points for every ₹100 spent on Grocery & Departmental stores, and 2 Reward Points per ₹100 on other categories.
Other Benefits: 4 complimentary railway lounge access facility is provided to the customers.
Cons
Limited reward scope
Lower rewards on other categories
Reward point conversion rate
Limited international acceptance
Pros & Cons
Welcome Benefits
Welcome Benefit: Users will get 500 reward points on spending Rs 5000 or more in the first 60 days of card issuance.
Rewards System
1 BoB Reward Point = INR 0.25. Users will get 2 reward points per INR 100 on other categories. Effective cashback rate: 0.50%. 4 reward points on purchase made on departmental store effective cashback rate = 1%. 40 reward points for every ₹100 spent on any other category including train ticket purchases on IRCTC Website and Mobile App. Cashback rate: 10%.
International Forex Markup
3.5% of transaction amount
Welcome Benefits and Reward System
Special Features
None
Eligibility Criteria
Age Criteria: Primary Card Holder- 21 to 65 years old ; Add-on Cardholder- above 18 years old
Minimum annual income of INR 3.60 Lakhs for salaried individuals and minimum annual income of INR 4.80 Lakhs for self-employed individuals
Resident of India
Benefits
Railway lounge access.
EMI conversion.
Free add-on cards.
10% cashback on train ticket booking through IRCTC app or website.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Choose your variant: IRCTC BoB comes in different variants with varying annual fees and reward rates. Compare and choose the one that suits your spending habits.
Apply online: Visit the Bank of Baroda website (https://www.bobfinancial.com/) or the IRCTC website (https://www.irctc.co.in/) and fill out the online application form.
Document upload: Upload scanned copies of the required documents.
E-signature: Sign the application electronically using Aadhaar-based e-signature.
Video KYC (optional): You may be required to complete a video KYC verification for faster processing.
Card approval: You will receive notification about your application status within 7-10 business days.
Card delivery: Upon approval, your card will be delivered to your registered address within 7-10 business days.
Contact Details
Toll free no.: 1800 225 100
Email: crm@bobfinancial.com
Account Opening and Procedure
Recommended Credit Cards
Pros:-
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Cons:-
Welcome Benefit: Users will get 500 reward points on spending Rs 5000 or more in the first 60 days of card issuance.
Reward System: 40 reward points for every ₹100 spent on any other category including train ticket purchases on IRCTC Website and Mobile App. Earn 4 Reward Points for every ₹100 spent on Grocery & Departmental stores, and 2 Reward Points per ₹100 on other categories.
Other Benefits: 4 complimentary railway lounge access facility is provided to the customers.
Limited reward scope
Lower rewards on other categories
Reward point conversion rate
Limited international acceptance
The rewards and benefits on this IRCTC BoB card are in line with what the IRCTC SBI Platinum card offers. If you looking for a IRCTC card, then you are better off with the SBI card. The biggest advantage of doing this is the better customer support on SBI when compared to BoB. If you are looking for other cards that offer good benefit on IRCTC, then do have a look at HDFC Bank credit cards. They offer 5% cashback or upto 3X reward points with Smartbuy.
IRCTC BoB
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Fees & Charges
First Year Fee (levied in the first statement): INR 500 ,
Annual Fee: INR 350 Interest
Cash Withdrawal fee: 2.5% of the withdrawn amount or INR 500, whichever is higher
Financial Charges: 3.49% per month
Foreign Currency Transaction Fee: 3.5% of transaction amount
Limit enhancement: No fee Late Payment Charges: Statement Balance : Charges Less than INR 100 : NIL INR 100- 500 : INR 100 INR 501- 1000 : INR 400 INR 1001- 10000 : INR 600 INR 10001- 25000: INR 800 INR 25001- 50000: INR 1100 More than 50000 : INR 1300
Fuel Surcharge
1% Fuel surcharge waived off on all fuel transactions between ₹500-₹3000. (Maximum waiver of ₹100 per statement)
Billing Cycle
30 Days