2023 2024 Student Forum > Management Forum > Main Forum

 
  #2  
11th June 2016, 09:30 AM
Super Moderator
 
Join Date: May 2012
Re: Oriental Bank Of Commerce Credit Card Eligibility

The Oriental Bank of Commerce has over 37 regional offices in India. The Bank provides financial services such as loans, NRI services, deposit schemes.

The Oriental Bank of Commerce provide schemes for the economic upliftment of minority sections in society such as handloom weavers, small business units, self-employed individuals, artisans, small scale units, retail traders, village industries, professionals, micro entrepreneurs.

The bank is provides its Loan against credit card under the OBC Laghu Udyami Credit Card-Oriented business Card Scheme (OBCS) and the OBC Swarojgar Credit Card Schemes for enabling purchase of raw materials, equipment.

The Kisan Credit Card-Oriented Green Card (OGS) is also one among the range of credit cards offered by Oriental Bank of Commerce (OBC).

Eligibility Criteria:

The OBC Laghu Udyami Credit Card-Oriented business Card Scheme card is available for those who are involved in activities such as retail traders, small business units, artisans, small scale units, village industries, self-employed individuals, professionals, etc.

And Under the OBC Swarojgar Credit Card Scheme, only micro entrepreneurs, handloom weavers and small artisans, etc. are eligible.

Kisan Credit Card-Oriented Green Card is offered to Cultivators, Farmers and Artisans who are engaged in agricultural and allied activities.

Basic eligibility for credit card in Oriental Bank of Commerce bank:

Customer’s Annual salary should be more than Rs 240000 per annum
Customer should at least 21 years in order to apply for OBC credit card
For self employed persons, annual income should be more than Rs 250000

Interest rates:

Charges Kisan Credit Card (OGS) OBC-SBI Card OBC-SBI Platinum Credit Card
Joining Fee Not Available Rs. 499 Rs. 2,999
Annual Fee Not Available Rs. 499 Rs. 2,999
Interest Rate BR+2.25% (for term loan upto Rs. 2 lakh)
40.2% per annum (3.35% per month) 40.2% per annum (3.35% per month)


Quick Reply
Your Username: Click here to log in

Message:
Options

Thread Tools Search this Thread



All times are GMT +5. The time now is 04:04 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
SEO by vBSEO 3.6.0 PL2

1 2 3 4