with Bank of Baroda EMPOWER Business Credit Card
More than a card, you now have business empowerment at your disposal to help you set a competitive edge for your business, and create a significant impact in your life & around the world.
Designed exclusively for Proprietors and Self-Employed segment, Bank of Baroda EMPOWER Credit Card provides a simple solution to manage all business expenses. And in order to delight you while you put strenuous efforts, we have packaged your card with exclusive privileges and superior benefits.
50 Days Interest Free Credit Period to support your business credit needs
Card with your Business Name on it Easily streamline your internal settlement processes through cashless transactions
Unlimited Cashback* on Spends: Earn 1 Reward Point for every ₹100 spent on your card and redeem your reward points as Cashback with no maximum capping on reward points to earn
Spend Based Rewards:Spend ₹50,000 in a year for waiver of next year’s annual fee
Air Accidental Death Cover: ₹15 Lakhs
Non-Air Accident Death Cover of ₹5 Lakhs
Easy Tracking, Reporting and Budgeting: Keep a track of spends categorised by statement received against card usage
Convenience in Administration: Easily streamline your internal settlement processes through cashless transactions
Vendor Negotiation: By evaluating the frequency and locations of your spends, it assists in negotiating the best deals with vendors for employees travel and entertainment expenses
Cashless Convenience: Now enjoy the benefit of cashless transactions for all Business requirements
Self - Care Portal: Self-servicing platform empowering cardholders to carry out some important activities related to Business Credit Card, now the Power is in your hands.
Corporate Assist & Service Desk: No Hold, No Wait! Quick Solution 24*7 IVR Support (Toll free no. 1800-103-1006)
Multiple Bill Payment Modes: a. Instant Pay - Pay your credit card bill instantly through Net Banking b. Self-service Portalc. Pay through bill desk d. NEFT/RTGS e. Auto Debit f. Electronic Payments g. Cash/Cheque Payments deposits at BOB h.Net Banking i. Scan & Pay - Pay your BoB credit card bill instantly & hassle-free
Earn 0.5 Reward Point for every 100 spent on Select MCCs*
Earn 1 Reward Point for every 100 spent on all other MCCs.
All your accumulated reward points can be redeemed for cashback @1 reward point = 0.25
1% Fuel Surcharge Waiver on all fuel transactions between 400 - 5000 (Maximum waiver of 250 per statement)
To convert purchases of > 2,500/- on your card into easy EMIs of 6/36 months
*Refer reward points important terms and conditions on MITC Section of the website.
**Reward Points are not earned on fuel transactions.
for Bank of Baroda EMPOWER Business Credit Card
Eligibility Criteria :
BOB/Non BOB Self-employed customers are eligible
Age of Individual Applicant should be min 21 Years and max 65 Years
BOB Customers: Self-Employed with Annual Income >= ₹ 2.4 L
Non BOB Customers: Self-Employed with Annual Income >= ₹ 4.8 L
Submit the following with application form:
KYC (PAN) is mandatory
Current Address Proof
Recent passport size photograph (colour copy)
GSTIN Registration details
Income documents: Latest GST returns
Business Loan >=2 L, Sanction letter on Bank's letterhead duly signed by a bank official with branch stamp and seal (detailed checklist guideline on loan covered in disclaimer section)*
Fees & Charges
Fees & Charges:
Please click here to see the fees and charges applicable on Bank of Baroda EMPOWER Business Credit Card
|Joining Fee (levied in the first statement)||NIL|
|Annual Fee (subsequent years)||₹500|
|Annual Fee Waiver Criteria||On spends of > ₹50000 or more in a preceding year|
Call at 1800 225 100 (24*7) | Write to firstname.lastname@example.org for any support