Bank of Maharashtra Credit Card: Types, Benefits, Charges and More

Established in 1935, Bank of Maharashtra offers banking and financial solutions through corporate, retail and other banking operations. It serves individuals and businesses with loans, deposits, cards, and more.

Bank of Maharashtra Credit Card comes with numerous features such as lifetime free, reward points on activation, offers on different brands, etc. Let us make a deep dive into BOM credit card types, features and benefits, charges, eligibility and more.

Types of Bank of Maharashtra Credit Cards 

Bank of Maharashtra offers a range of credit cards, including its own cards as well as co-branded options in partnership with SBI. Here are the available types:

• BoM Credit Card
• Bank of Maharashtra Secured Credit Card
• Bank of Maharashtra SBI Gold Credit Card
• Bank of Maharashtra SBI Platinum Credit Card

Bank of Maharashtra Credit Card Benefits and Features 

Bank of Maharashtra Credit Card Charges 

Joining and Renewal Fees:

• BoM Credit Card joining: NIL, Renewal: ₹500 (waived with ₹30,000+ yearly spend)
• Bank of Maharashtra Secured Credit Card: Lifetime free
• BoM SBI Gold Credit Card: ₹499 
• BoM SBI Platinum Credit Card: ₹2999

Cash Advance/ATM Withdrawal

Min. ₹250 or 2.5% of amount, whichever is higher

EMI Conversion Fee

Minimum ₹250 or 2% of amount (max ₹1500)

Late Payment Charges

₹0 to ₹750 depending on bill amount

Card Replacement & Reissuance Charges

You’ll have to pay ₹250 each

Finance Charges

2.5% monthly on revolving credit; 1.25% p.m. on EMI

Over-limit Fee

2.5% of over-limit or ₹500 minimum

Bank of Maharashtra Credit Card Eligibility 

For different credit cards, the eligibility may vary. However, here are some of the common requirements to fulfil to get a BoM credit card:

• To qualify for the card, applicants must be aged between 21 and 60 years. 
• Both resident and non-resident Indians are eligible. 
• The card is available to salaried professionals, self-employed individuals, and businesspersons with a stable income. 
• For FD credit cards, the minimum FD amount is ₹12,500, the minimum age should be 18 years, and no CIBIL score is required.
• A credit score above 750 is required.

Alternatively, you can get a free FD-backed credit card from Stable Money with just ₹5,000. Enjoy 90% of your FD amount as your credit limit, no credit score needed!

List of Documents Required to Get a BOM Credit Card 

1. Proof of Identity: Accepted identity documents include the NREGA job card, voter ID, PAN card, Overseas Citizen of India (OCI) card, Aadhaar card, passport, driver’s license, Person of Indian Origin (PIO) card, and letters issued by UIDAI.
2. Address Proof: Valid address proofs include a recent utility bill (dated within the last 3 months), driver’s license, Aadhaar card, Person of Indian Origin (PIO) card, property document, ration card, passport, NREGA job card, or a recent bank statement.
3. Proof of Income: Acceptable proof of income includes the latest Form 16, bank statements from the past three months, or recent salary slips from the last one to two months (within 3 months).

How to Activate Your Bank of Maharashtra Credit Card Online? 

1. Visit the <a href="https://creditcard.bankofmaharashtra.in" target="_blank" rel="nofollow">Bank of Maharashtra Credit Card</a>.
2. Click on New User Registration.
3. Enter your credit card details and click Continue.
4. Enter the OTP sent to your registered mobile number or email.
5. Validate the OTP and set your passcode (Green PIN).
6. Submit the details to the Bank of Maharashtra Credit Card login and complete activation.
7. Remember to enable E-commerce, NFC (contactless payments), and international transactions, as they are disabled by default.

Bank of Maharashtra Credit Card has a variety of benefits for different needs, along with a fuel surcharge waiver, reward points, and lifetime free credit cards etc. You can choose based on your preferences and continue enjoying the benefits.

Want a secured credit card option? Get one of the highest FD returns with Stable Money and unlock a lifetime free credit card. No hidden fees, just smart financial advantages.