Can I increase credit limit on my BoB FD-backed credit card?

[Digitalguy]

I have a BoB Prime secured (backed by FD) credit card. The principal amount of the FD increased, but the credit limit was the same for 3 years.

1. If I want to increase the credit limit on that card, do I need to do another FD? and whether I can get an enhanced credit limit on the basis of multiple FDs. or any other way?

2. Can I get second BoB Prime credit card?
3. How do I apply for a BoB Prime credit card online? (I got it previously from the branch.)

 

[SSV]

I have a BoB Prime secured (backed by FD) credit card. The principal amount of the FD increased, but the credit limit was the same for 3 years.

1. If I want to increase the credit limit on that card, do I need to do another FD? and whether I can get an enhanced credit limit on the basis of multiple FDs. or any other way?

2. Can I get second BoB Prime credit card?
3. How do I apply for a BoB Prime credit card online? (I got it previously from the branch.)

The best answer should come from the horse's mouth.. ie. the Bank itself.. Did you talk to them??

 

[Digitalguy]

The best answer should come from the horse's mouth.. ie. the Bank itself.. Did you talk to them??

Reply from BoB Card Support :

We request you to fill up the attached Annexure 1,3 and send the scan copy of the filled attachments and FDR front and back duly signed and Finacle screen shot of the lien amount provide by bank of baroda branch verified by the branch with lien noted against Bob cards for further process.

Also include the Financal screenshot of the previous FD/Lien setup as a confirmation that the same is still in place.

 

[SSV]

Reply from BoB Card Support :

We request you to fill up the attached Annexure 1,3 and send the scan copy of the filled attachments and FDR front and back duly signed and Finacle screen shot of the lien amount provide by bank of baroda branch verified by the branch with lien noted against Bob cards for further process.

Also include the Financal screenshot of the previous FD/Lien setup as a confirmation that the same is still in place.

So are you happy? Have you got the answer for your question?

 

[Digitalguy]

So are you happy? Have you got the answer for your question?

Now the question arises:

1. What is FDR?
2. Are BoB branch will provide Finacle software screenshot of the lien amount?
3. Are BoB branch will provide Finacle software screenshot of the Initial FD setup?

 

[SSV]

Now the question arises:

1. What is FDR?
2. Are BoB branch will provide Finacle software screenshot of the lien amount?
3. Are BoB branch will provide Finacle software screenshot of the Initial FD setup?

1) Fixed Deposit Receipt
2) Ask Bank by showing their CC email
3) Same as in point 2

 

[Digitalguy]

Update : Credit limit increased on the card

 

[balaji98]

Update : Credit limit increased on the card

How did you get credit card on fd?

 

[Digitalguy]

How did you get credit card on fd?

BoB Prime Card

Process :​

1) Finacle/HCUSUM screenshot stamped and signed by the branch, with all the details to be clearly visible, such as Customer Name, FD Amount, Maturity Date
2) Lien to be marked on the FD till year 2099
3) Annexure 1 (Customer consent to mark lien on his FD)

 

[balaji98]

BoB Prime Card

Process :​

1) Finacle/HCUSUM screenshot stamped and signed by the branch, with all the details to be clearly visible, such as Customer Name, FD Amount, Maturity Date
2) Lien to be marked on the FD till year 2099
3) Annexure 1 (Customer consent to mark lien on his FD)

Any agent you know who can do fd card without visiting branch??

 

[Digitalguy]

Any agent you know who can do fd card without visiting branch??

No. But Not possible without bank visit.