Aspire Credit Card – Central Bank of India

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Central Bank of India Aspire Credit card offers best features with nil joining fees. ASPIRE CREDIT CARD UNDER CENT ASPIRE DEPOSIT SCHEME .

Card offers: Credit Period of maximum 55 days, secured by Term Deposits of the Bank, lowest interest rate of 1.20%, 100% cash withdraw facility etc.

Aspire Credit Card is EMV Chip Based VISA Platinum Credit Card.
Acceptance for Domestic as well as International Transactions
Issued against “Cent Aspire Term Deposits” held by customers with our Bank.
Maximum Credit Limit of 80% of Term Deposit amount (Maximum Rs.400000/-).
Maximum credit period upto 55 days.
Low interest rate of 1.20% p.m. on rollover amounts.
The income statement / CIBIL verification not a prerequisite.
100% cash withdrawal facility at the applicable bank rate.
Personal Accident Cover (against death) of Rs, 100.000/- under Group Insurance Scheme.
Premium VISA offers across movies, dining and travel, etc .

Any individual / customer, an Indian resident & above18 years of age, can open Cent Aspire Deposit Account with our bank. (Minimum Rs. 20,000/- and thereafter in multiples of Rs.1000/-. There is no upper limit)
Maximum Credit Limit of 80% of Term Deposit amount – Minimum: Rs. 16,000/- & Maximum : Rs. 400,000/-
Term deposits shall be under lien with auto renewal option.
Original Term deposit handed over to the customer with lien marked.
KYC compliance necessary.
Mandate for Auto renewal & pre-mature adjustment of proceeds of term deposit/s.
At present Cent Aspire Deposit Scheme not available to NRI customers

Issuing Charges	Free
Annual Fees	Free
Renewal	Free
Card Reinstated/Replacement of lost card	Rs. 100/- per card
Emergency card replacement( when abroad)	Rs.150/- per card
De-blocking charges	Rs. 100/- per De-blocking
Late Payment Fee	Minimum Rs.100/- up to Rs.10,000/- and thereafter 1.00% pm of the outstanding amount.
Cheque Return Charges	Rs. 150/- per Instrument
Dishonour of ECS/Auto-Debit	Rs. 150/- per Auto-Debit return
Duplicate statement request (beyond 3 months)	Rs. 100/- per request
Cash withdrawal	Rs. 100/- plus service charges from date of transaction. No interest free credit period is available for cash withdrawn through ATM.
Service charge on the amount remaining unpaid	@1.2% per month or part there of (rollover amount, after payment of minimum balance due) beyond due date.
Petrol transaction charge	2.5%
Railway Ticket Purchase or cancellation fee	2.5% (plus Rs. 30/-)
Foreign currency transactions	Mark up fee – 3.5%
Foreign currency transactions	For outstanding amount > Rs. 10,000, 1% of the outstanding amount

* In addition, service tax as per Govt guidelines shall be applicable.