Thursday, 6 September 2018

fees and charges for bank of maharashtra credit card

Bank of Maharashtra is one of the major public sector banks across the country. Founded by V.G Kale and D.K Sathe in 1935 and headquartered in Pune. The bank has the wide network for any public sector bank in the state, which includes around 1824 branches across the country.
The bank offers a massive range of financial products and services namely bank account, various types of loans, DEMAT services, debit card, credit cards, etc. to the individuals. The bank caters the two credit cards to its customers, these SBI co-branded credit cards are Bank of Maharashtra Gold card and Bank of Maharashtra Platinum card. One who belongs to the age group of 18 years to 70 years with the regular source of income and having good CIBIL score are eligible to apply the bank of Maharashtra credit card.

Bank of Maharashtra Gold card


  • This Bank of Maharashtra credit card comes with an annual fee of Rs. 499.
  • The cardholder can earn 1 reward point on every spent of Rs. 100.
  • The reward point could be used to redeem against gifts or to pay outstanding balance. 
  • This card is used at any outlets accept MasterCard or Visa card to make payment.
  • With this card you can also book and delivered the railway tickets online.
Bank of Maharashtra platinum card
  • For this card the cardholder has to pay onetime fee of Rs. 2, 999 anually.
  • On this card the cardholder gets the welcome gift and Anniversary Gift worth Rs.3, 000 
  • It offers the spend reward of one Free Domestic One Way Air Ticket from Indigo Airlines 
  • The cardholders gets the complimentary membership airport lounge access program with over 600 airport lounges worldwide
  • This card can be used in 2, 85,000 outlets in India and in more than 2 million outlets in the world.

Fees and charges for bank of Maharashtra credit card
  • A per month 3.35% finance charge is charged for amounting to 40.2% per annum From the date of withdrawal
  • The cash advance fee is 2.5% of withdrawal amount is charged for domestic ATMs or INR 300 per transaction
  • For international ATMs the cash advance fee is 3% of the withdrawal amount or INR 300.
  • Rs. 100 is charged for the replacement of card
  • For reward redemption of reward Rs. 99 is charged.
  • For charge slip retrieval Rs. 225 per slip is charged and for the statement retrieval you have to pay Rs. 100.
  • In case of cheque bounce you have to pay 2% of the cheque dishonor amount (min-INR 350 and max-INR500).  
To get a credit card, apply here https://www.applykaroo.com/credit-card/bank-of-maharashtra-credit-card.




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