ICAI Announced Life Time Free Credit Card for Chartered Accountant(CAs) with Insurance Cover
The Committee for Members in Practice (CMP) of the Institute of Chartered Accountants of India (ICAI) has arranged the Credit Cards for all Chartered Accountants whether in Job or Practices.
Who can apply for credit card?
All the chartered accountants (CA’s) and active members of ICAI whether in service(Job) or practice(COP), subject to credit card policy.
Credit Card Limit?
- ₹ 1,00,000/- for ACA,
- ₹ 2,00,000/- for FCA less than 5 years and
- ₹ 3,00,000/- for FCA 5 years or more (subject to card approval)
- The higher credit limit will be considered basis income documents
Charges and Fees ?
- Annual fees are free for all members for a lifetime.
- Zero liability on the lost card.
- Report loss of card immediately to ensure zero liability on any fraudulent transactions.
- Not any hidden charges.
- Competitive Interest rate and
- Foreign exchange mark-up rate.
Complimentary Insurance Cover?
- Complimentary Accidental Death Insurance cover;
- Air Accidents: ₹ 15 lakhs and
- Non-Air Accidents: ₹ 5lakhs.
- Free Professional Indemnity Insurance up to Credit Limit.
Complimentary membership of fitpass for 6 months worth Rs.15,000.
How to Activate Fitpass Membership for BOB Credit Card:-
To Activate your welcome gift of Fitpass membership click Here: bobfin.in/FIT and follow the steps mentioned.
Rewards Point Scheme?
- Base reward to be 1 point per ₹ 100 spent.
- Accelerated reward to be 5 points per ₹ 100 spent on (i) Online, (ii) Dining, and (iii) Utility bills payment.
- Milestone Reward Points:- 1000 Reward Points on card activation and 4000 Reward Points every quarter.
- Fuel surcharge waived for all transactions between ₹400 – ₹5,000/-
- Credit Terms up to 50 days of interest-free credit
- Add-on cards Up to 3-lifetime free add-on cards for family members.
- Special offering on Payment Gateway from Bank of Baroda.
- Zero rental and special rates for CA firms.
- Regular offers would include all customers of this Cobrand Card.
How to apply?
- The weblink to submit the expression of interest: https://www.bobfinancial.com/creditcard-application-form-ICAI.jsp
- Tollfree: 1800 225 100
- Email at: email@example.com
ICAI earlier announced Term Loan facility in the form of Personal loans to the Chartered Accountant (CAs) :- https://cainfo.in/how-to-apply-for-a-term-loan-facility-in-the-form-of-personal-loans-available-to-the-chartered-accountant-cas/