{"id":84649,"date":"2026-01-19T15:07:39","date_gmt":"2026-01-19T09:37:39","guid":{"rendered":"https:\/\/piceapp.com\/blogs\/?p=84649"},"modified":"2026-01-19T15:08:24","modified_gmt":"2026-01-19T09:38:24","slug":"bank-of-india-credit-card-interest-rate","status":"publish","type":"post","link":"https:\/\/piceapp.com\/blogs\/bank-of-india-credit-card-interest-rate\/","title":{"rendered":"All You Need to Know About Bank of India Credit Card Interest Rate in 2026"},"content":{"rendered":"\n<div class=\"wp-block-group has-background\" style=\"background-color:#f2f5f9\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<h3 class=\"wp-block-heading\" id=\"key-takeaways\">Key Takeaways<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Bank of India credit card interest rate starts at 1.70% per month on the outstanding balance when you pay the minimum due.<\/li>\n\n\n\n<li>BOI offers up to 51 days of interest-free credit, helping cardholders manage short-term expenses efficiently.<\/li>\n\n\n\n<li>Credit card bills above \u20b95,000 can be converted into EMIs for up to 36 months under BOI\u2019s EMI facility.<\/li>\n\n\n\n<li>The balance transfer scheme allows shifting dues from other banks at competitive terms linked to the Bank of India credit card interest rate.<\/li>\n\n\n\n<li>With low annual fees starting at \u20b9300 and transparent charges, BOI credit cards are cost-effective for regular usage.<\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n<p>Worried about burning a hole in your pocket with the high credit card interest rates? Don\u2019t worry! BOI credit cards extend a range of benefits, including competitive Bank of India credit card interest rates and minimal annual fees, as low as \u20b9300! Unlock flexible repayment schedules and earn reward points that cater to your specific requirements.<\/p>\n\n\n\n<p>Discover how you can make the most of your Bank of India credit card and positively transform your financial state!<\/p>\n\n\n\n<div class=\"wp-block-rank-math-toc-block\" id=\"rank-math-toc\"><h2>Table of Contents<\/h2><nav><ul><li><a href=\"#bank-of-india-credit-card-interest-rate\">Bank of India Credit Card Interest Rate<\/a><\/li><li><a href=\"#terms-and-conditions-associated-with-bank-of-india-credit-card-interest-rate\">Terms and Conditions Associated with Bank of India Credit Card Interest Rate<\/a><\/li><li><a href=\"#charges-leviable-on-boi-credit-card-usage\">Charges Leviable on BOI Credit Card Usage<\/a><\/li><li><a href=\"#other-service-charges-applicable\">Other Service Charges Applicable<\/a><\/li><li><a href=\"#who-is-eligible-to-avail-bank-of-india-credit-card-interest-rate\">Who Is Eligible to Avail Bank of India Credit Card Interest Rate?<\/a><\/li><li><a href=\"#conclusion\">Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"bank-of-india-credit-card-interest-rate\"><strong>Bank of India Credit Card Interest Rate<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"533\" src=\"https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2026\/01\/BOI-credit-card-interest-rate.jpeg\" alt=\"Bank of India Credit Card Interest Rate\" class=\"wp-image-84652\" style=\"width:840px;height:auto\" title=\"\" srcset=\"https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2026\/01\/BOI-credit-card-interest-rate.jpeg 800w, https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2026\/01\/BOI-credit-card-interest-rate-300x200.jpeg 300w, https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2026\/01\/BOI-credit-card-interest-rate-150x100.jpeg 150w, https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2026\/01\/BOI-credit-card-interest-rate-768x512.jpeg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><figcaption><\/figcaption><\/figure>\n\n\n\n<p>If a cardholder avails the revolving credit facility, they will be required to pay only 10% of the bill amount. The payment has to be completed on\/before the established due date.<\/p>\n\n\n\n<p>In this scenario, the cardholder shall be charged an interest of 1.70% each month, upon only the 90% balance which is outstanding. However, if so happens that the whole amount is overdue, the cardholder will be charged at 2.5% each month.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"terms-and-conditions-associated-with-bank-of-india-credit-card-interest-rate\"><strong>Terms and Conditions Associated with Bank of India Credit Card Interest Rate<\/strong><\/h2>\n\n\n\n<p>BOI credit cards are available in multiple variants, including the India card, India Gold Card, International Card, International Gold Card and Platinum Privilege card. A major BOI credit card feature is that a maximum of 51 days is granted as the interest-free (grace) credit period.<\/p>\n\n\n\n<p>Here are other terms and conditions associated with the BOI credit cards, which make them stand out as reliable funding options:<\/p>\n\n\n\n<p>1. <strong>The EMI facility is Available<\/strong><\/p>\n\n\n\n<p>Cardholders are allowed to convert the billing into EMIs up to a maximum of 36 instalments. The transaction value must be \u20b95,000 or above. This request shall be presented to the Card Products Department via the Branch. Recommendations will also be provided within 20 days of the purchase.<\/p>\n\n\n\n<p>Note that withdrawals of cash are not included in the EMI facility. Only the transactions for goods\/services-related purchases are qualified for EMI conversion. However, a cardholder may withdraw cash from any BOI branch\/through an ATM.<\/p>\n\n\n\n<p>2.&nbsp; <strong>Bank of India\u2019s Scheme of Balance Transfer<\/strong><\/p>\n\n\n\n<p>A cardholder will be eligible to transfer any outstanding balance on their respective existing credit card from a different bank. This transfer to the BOI Credit Card is capped at a maximum of up to 75% of the spending limit. There is a minimum amount required to be eligible for unlocking this balance transfer scheme, which is:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u20b95,000\/- for India Card; and<\/li>\n\n\n\n<li>\u20b910,000\/- for other cards<\/li>\n<\/ul>\n\n\n\n<p>A concession is granted for the premium of the Medi-Claim policy up to \u20b95 lakh. This comes under the association with National Insurance Co. Ltd.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"charges-leviable-on-boi-credit-card-usage\"><strong>Charges Leviable on BOI Credit Card Usage<\/strong><\/h2>\n\n\n\n<p>Service Charges Applicable on Cash Advances:<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-fixed-layout\"><tbody><tr><td>At the Branch<\/td><td>2.50% minimum \u20b950\/-<\/td><\/tr><tr><td>At BOI Bank&#8217;s ATM<\/td><td>2.00% minimum \u20b950\/-<\/td><\/tr><tr><td>At a Different Bank&#8217;s ATM<\/td><td>2.50% minimum \u20b975\/-<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>It will be billed to the respective individuals automatically.<\/p>\n\n\n\n<p>Fees Applicable for Enquiry of Balance:<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-fixed-layout\"><tbody><tr><td>At the Bank of India ATM<\/td><td>NIL<\/td><\/tr><tr><td>At a Different Bank&#8217;s ATM<\/td><td>\u20b920\/-<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"other-service-charges-applicable\"><strong>Other Service Charges Applicable<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-fixed-layout\"><tbody><tr><td>Upcountry Cheque Collection<\/td><td>Commission according to the latest Service Charges applicable<\/td><\/tr><tr><td>Cheque Return Fees<\/td><td>According to the latest Service Charges applicable<\/td><\/tr><tr><td>PIN replacement<\/td><td>\u20b950\/- each time<\/td><\/tr><tr><td>Usage above the set spending limit<\/td><td>\u20b910 for each transaction<\/td><\/tr><tr><td>Retrieval of the Charge slip<\/td><td>\u20b9100\/- or the Actual fees, depending on which is higher<\/td><\/tr><tr><td>Duplicate bill copies (post 3 months)<\/td><td>\u20b950 for each quarter<\/td><\/tr><tr><td>Railway Ticket or Purchase of Petrol<\/td><td>Commission according to industry practice. Currently, it is 2.5% of the minimum transaction amount<\/td><\/tr><tr><td>Credit Card Replacement Issuance<\/td><td>For Customers, \u20b9200\/- (Service Tax as applicable)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>\ud83d\udca1Pay your credit card bills in an easy and secure way with<a href=\"https:\/\/piceapp.com\/\"> the PICE App<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"who-is-eligible-to-avail-bank-of-india-credit-card-interest-rate\"><strong>Who Is Eligible to Avail Bank of India Credit Card Interest Rate?<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The applicant has to be an individual of Indian origin.<\/li>\n\n\n\n<li>The applicant&#8217;s CIBIL score has to match the requirement of BOI; one should not have defaulted on payment of dues to BOI or any other bank.<\/li>\n\n\n\n<li>One is required to have a steady source of income; this should be verifiable as per salary certificates or <a href=\"https:\/\/eportal.incometax.gov.in\/iec\/foservices\/\" target=\"_blank\" rel=\"noopener\">Income Tax returns.<\/a><\/li>\n\n\n\n<li>A potential applicant is required to complete their KYC-related formalities.<\/li>\n\n\n\n<li>Minors are not eligible.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"conclusion\"><strong>Conclusion<\/strong><\/h2>\n\n\n\n<p>Bank of India credit cards extend to their users an array of benefits, like competitive interest rates and flexible repayment. In order to apply for your BOI credit card, all you have to do is submit a duly completed, signed application form to your preferred branch. <\/p>\n\n\n\n<p>Make sure that your KYC documents are verified. Be aware of the various service charges which apply, including the cheque return charges, upcountry cheque collection commission, PIN replacement charges, etc. By keeping the terms and conditions in mind, including the Bank of India credit card interest rate, you shall be able to make informed financial decisions.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"fa-qs\">FAQs<\/h3>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1768814087026\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">What is the Bank of India credit card interest rate on revolving credit?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The Bank of India credit card interest rate is 1.70% per month on the outstanding balance after paying the minimum due.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1768814119412\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">How much minimum payment is required each month?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Cardholders must pay at least 10% of the total bill to avail revolving credit under the bank of india credit card interest rate terms.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1768814155305\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Is there an interest-free period on BOI credit cards?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes, BOI offers an interest-free grace period of up to 51 days before the Bank of India credit card interest rate applies.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1768814176999\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Who is eligible to apply for a BOI credit card?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Indian residents with a good CIBIL score, steady income, and completed KYC can apply under Bank of India credit card interest rate norms.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1768814219230\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Are there extra charges apart from the Bank of India credit card interest rate?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes, charges like cash advance fees, PIN replacement, and cheque return fees apply in addition to the bank of india credit card interest rate.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Worried about burning a hole in your pocket with the high credit card interest rates? Don\u2019t worry! BOI credit cards extend a range of benefits, including competitive Bank of India credit card interest rates and minimal annual fees, as low as \u20b9300! Unlock flexible repayment schedules and earn reward points that cater to [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":84651,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-84649","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-credit-card"],"_links":{"self":[{"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/posts\/84649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/comments?post=84649"}],"version-history":[{"count":2,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/posts\/84649\/revisions"}],"predecessor-version":[{"id":84663,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/posts\/84649\/revisions\/84663"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/media\/84651"}],"wp:attachment":[{"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/media?parent=84649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/categories?post=84649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/tags?post=84649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}