How to Apply for a Bank of Baroda Vikram Defence Credit Card with No Annual Fees in 5 Easy Steps | Mint

Bank of Baroda Vikram Credit Card: A Comprehensive Guide

The Bank of Baroda (BoB) Vikram credit card is designed exclusively for Indian defense personnel and offers a lifetime-free service. Here’s a step-by-step guide on how to apply for and obtain this credit card:

Eligibility and Documentation

To qualify for the Bank of Baroda Vikram Credit Card, applicants must:

1. Be at least 18 years old and either actively serving or retired defense personnel.
2. Possess a valid Aadhaar card and PAN card.
3. Provide proof of employment during the application process.
4. Provide proof of income for verification.
5. Additional documents such as a recent passport-size photograph, permanent address proof verification (electricity bill, voter ID card, original passport, driving licence, etc.) may be required.

Applying for the Credit Card

1. Visit the Official Website: Go to the official Bank of Baroda website and navigate to the Vikram credit card page.
2. Initiate the Application Process: Click on the "Apply Now" tab under the Vikram credit card section.
3. Submit Personal Details: Follow the instructions online, enter your name (as per PAN card), mobile number linked with Aadhaar, PAN number or passport details, current address PIN, email address, date of birth, and nationality details.
4. E-sign through Aadhaar: Authenticate your identity by e-signing the application using your Aadhaar details and associated credentials.
5. Complete Video KYC: In the final step, verify your identity through a secure video know-your-customer (KYC) session.

Alternatively, applicants can visit the nearest Bank of Baroda branch to apply in person by talking to the customer service team and submitting the required documents.

Key Features and Benefits

The Vikram credit card offers several benefits, including:

1. Lifetime Free: No joining or annual fees.
2. Reward Points: Earn 5 reward points for every 100 spent on departmental stores, groceries, and movie ticket bookings; 1 point per 100 on other categories.
3. Waiver on Fuel Surcharge: 1% waiver on fuel transactions between 400 and 5,000, up to 250 per statement cycle.
4. Disney+ Hotstar Subscription: A complimentary 3-month subscription upon first transaction within 30 days of card issuance.
5. Smart EMI Facility: Convert purchases of 2,500 or more into EMI ranging from 6 to 36 months.
6. Add-on Cards: Up to 3 lifetime free add-on cards for family members aged 18 years or above.

Conclusion

The Bank of Baroda Vikram credit card is a reasonable financial tool for defense officials, offering rewards and cost efficiency. Its user-friendly application process ensures that it can be applied for and obtained easily.

Disclaimer

THE PRIME NEWS NETWORKhas a tie-up with fintechs for providing credit; you will need to share your information if you apply. These tie-ups do not influence our editorial content. This article only intends to educate and spread awareness about credit needs like loans, credit cards, and credit scores. THE PRIME NEWS NETWORKdoes not promote or encourage taking credit, as it comes with risks such as high interest rates, hidden charges, etc. We advise investors to discuss with certified experts before taking any credit.

Reference : https://www.livemint.com/money/personal-finance/looking-to-get-a-bank-of-baroda-vikram-defence-credit-card-with-no-annual-fees-heres-how-to-apply-in-5-easy-steps-11746073450723.html