Bank of Baroda ICSI Diamond Credit Card: Features & Benefits

Table of Contents

Summary

The Bank of Baroda ICSI Diamond Credit Card is a special card for the members of ICSI (Institute of Company Secretaries of India) with numerous rewards and benefits. The card is best suited for professionals looking to make the most of their savings with premium benefits.

One of the significant attractions of this card is its reward scheme. The cardholders accumulate 5 reward points on every ₹100 spent on movies, department stores, and grocery stores, and 1 reward point on every ₹100 spent on everything else. Users can thus spend the reward points anytime they so like since they are not subject to expiration.

With ₹ 0.25 for each point, this covers everyday expenses. The card offers a 1% fuel surcharge rebate on expenses between ₹400 and ₹5,000 with a cap of ₹250 per month for those who routinely spend on fuel. This lowers fuel purchase expenses.

Introduction

BoB ICSI Diamond Credit Card is a great financial product for Indian customers, specially designed for professionals and entrepreneurs who want to manage their expenses and get benefits. With the BoB ICSI Diamond Credit Card, you also get a variety of benefits and features that make your life even easier and convenient.

Approved by ICSI (Institute of Company Secretaries of India), the BoB ICSI Diamond Credit Card is particularly helpful for other connected professionals, including corporate secretaries. It seeks to give clients tools to better manage their everyday costs, travel, and purchases, as well as financial stability.

Some of the main advantages of the BoB ICSI Diamond Credit Card are cashback, travel insurance, and other promotions that decrease your bill amount. You also receive exclusive offers and discounts at various retail outlets, online shopping websites, and restaurants through BoB ICSI Diamond Credit Card. Besides this, if you love traveling, then the BoB ICSI Diamond Credit Card also offers you travel-related services, such as access to airport lounges, hotel booking discounts, and travel insurance.

In this article today, we will tell you in detail about the BoB ICSI Diamond Credit Card. In this article, we will tell you in detail about its benefits. Along with this, in this article, we will also discuss the fees of the BoB ICSI Diamond Credit Card and will also discuss in detail how to apply for it. So read this article till the end so that you do not have any problem later.

What is the Bank of Baroda ICSI Diamond Credit Card?

The credit card is a professional and company secretary-specific credit card. The Bank of Baroda ICSI Diamond Credit Card is offered by the Bank of Baroda and has various facilities and advantages for customers. Through this, you are entitled to get cashback on daily purchases and can also get special discounts on certain retail stores and online platforms.

BoB ICSI Diamond Credit Card also provides advantages for travel, i.e., entry to airport lounges, travel insurance coverage, and discounted hotels. Apart from that, holding a BoB ICSI Diamond Credit Card also assists your credit score since you get positive points if the bill is paid on time.

What is the design of the Bank of Baroda ICSI Diamond Credit Card?

The BoB ICSI Diamond Credit Card features a sleek and elegant appearance that speaks of exclusivity and professionalism. The card has a rich dark blue hue with a diamond design, symbolizing excellence and prestige. The ICSI logo boldly appears on the card, symbolizing its exclusivity as an ICSI member.

The Bank of Baroda logo is also included, so there is brand identity. There is a contactless payment symbol, and the card highlights fast, trendy, and secure transactions. The design as a whole gives a premium and high-quality look, so it is a high-end financial tool for professionals.

What are the benefits of the Bank of Baroda ICSI Diamond Credit Card?

Here are the key benefits, along with actual reward points:

Reward Points

5 reward points for any ₹100 spent on grocery, department stores, and movies.

1 reward point for any ₹100 spent on everything else.

Reward points never have a validity period; you can use them at any time.

1 reward point = ₹0.25, therefore 1000 points = ₹250.

Waiver of Fuel Surcharge

1% fuel surcharge waiver on transactions between ₹400 and ₹5,000 at Indian fuel pumps.

Up to ₹250 per month.

Contactless Payments

Conveniently make payments instantly without a PIN for transactions up to ₹5,000.

International Usage

Accepted worldwide and can be used for domestic and international transactions too.

Security & Safety

Accompanied by zero liability protection against unauthorized transactions in case of card loss or fraud.

What are the Bank of Baroda ICSI Diamond Credit Card fees?

Here is a simple BoB ICSI Diamond Credit Card fee breakup.

Joining Fee	NIL
Annual Fee	NIL
Add-on Card Fee	There are no charges for additional cards for family members.
Finance Charges	If you don’t pay your bill in full, 3. there is a 5% per month (42% annually) charge on the outstanding balance.
Cash Advance Fee	2.5% of the amount withdrawn or ₹500, whichever is higher.
Late Payment Fee	For Statement Balance Less than Rs. 101 – NilRs. 101 – Rs. 500 – Rs. 150Rs. 501 – Rs. 5,000 – Rs. 500Rs. 5,001 – Rs. 20,000 – Rs. 750Rs. 20,000 & above – Rs. 1,000

What are the criteria for getting a Bank of Baroda ICSI Diamond Credit Card?

The following are the primary requirements:

You must be between 18 and 70 years old to apply for the BoB ICSI Diamond Credit Card.

The income requirement differs according to your employment status:

Self-Employed Professionals: A minimum Annual income of Rs 1,00,000 usually does the job.

A secured income ensures regular, timely payments on the credit card bill. Any amount above it ensures that the approval probability is increased.

Your credit score plays a role in the selection process. Bank of Baroda tends to favor borrowers with a better credit score, usually above 750.

You must be an Indian resident and have valid address proof within the country.

A salaried person must be employed with a reputed company or organization. The bank can ask you for documents like your salary slip or employment letter.

A Self-employed person must have business experience in the past years, generally 2+ years. You must show the bank proof of good, consistent income. This may be your income tax returns and bank statements.

What documents are required to get a Bank of Baroda ICSI Diamond Credit Card?

The documents that you will have to submit to Get a BoB ICSI Diamond Credit Card are as below:

Identity Proof	Aadhaar card, Passport, Voter ID, Driving license, PAN card
Address Proof	Utility bills like electricity, water, etcRent agreement, Bank statement, or passbook with your address
Income Proof	Salary slip for the last 3 months if you are a salaried employee Bank statement for the last 3 months ITR for self-employed persons
Photograph	The latest passport-sized photograph

Where can the Bank of Baroda ICSI Diamond Credit Card be used?

Here is the list of places where you can use it:

With the BoB ICSI Diamond Credit Card, you can shop for clothing, electronics, accessories, and more at almost every retail outlet, shopping mall, and e-shopping website.

You can also use it on websites like Amazon, Flipkart, etc., and also make bookings on websites like MakeMyTrip, Yatra, etc.

You can use the card to pay for your meals in restaurants, cafes, and fast food outlets.

You can use it to book flight, train, or bus tickets, as well as to pay for taxi, Uber, Ola, or hotel bookings.

You can use your credit card to pay electricity and water bills, mobile bills, and internet services.

You can use your BoB ICSI Diamond Credit Card to pay for expensive items such as electronics or appliances through easy monthly installments (EMIs).

The BoB ICSI Diamond Credit Card is also accepted in other countries, where you can make purchases and payments. It is also accepted wherever Visa is accepted.

What is the credit limit of the Bank of Baroda ICSI Diamond Credit Card?

The credit amount you can spend is what you are provided with a BoB ICSI Diamond Credit Card. It is based on your income, credit score, and other financial history when you are selected for this credit card by the bank.

For instance, if you have a credit limit of ₹50,000, you can spend up to that amount only. If you want to spend more than the limit, the bank will not consider it.

The actual credit limit varies with the person. A credit limit could be ₹30,000 for one person and ₹1,00,000 for another or even more, considering his/her profile and financial background.

It’s essential to follow the expenses and not exceed the credit limit because when you pass this limit, then penalties get added, and your credit score also goes down.

How do you apply for a Bank of Baroda ICSI Diamond Credit Card?

Apply it through both these modes:

Online Application Process

Visit the official website of the Bank of Baroda, i.e.

Go to ‘Cards’, followed by ‘Credit Cards’.

On that page, you can see numerous options for credit cards issued by the Bank of Baroda; for instance, you can choose the BoB ICSI Diamond Credit Card.

Just hover your cursor on the Bank of Baroda ICSI Diamond Credit Card, followed by selecting ‘Apply Now‘ from there.

You will be asked to fill out your details, including your name, contact information, income details, and employment status.

Be accurate and updated with the information provided.

You are required to upload documents like your identity proof, address proof, income proof, and photograph, as per the list of documents mentioned above.

After filling out the details and uploading the documents, review your application to make sure everything is correct.

Apply online through the application form.

The bank will check your application after you submit it. They can ask for extra documents or information if required.

You will be informed about the status of your application, and if approved, your card will be delivered to you.

Offline Application Process

You can walk into the nearest BoB branch to apply for the Bank of Baroda ICSI Diamond Credit Card.

Request for the credit card application form for the BoB ICSI Diamond Credit Card. They will provide you with the form and proceed accordingly.

Fill in the details in the application form wherever it is required. Care should be taken that all the information about personal details, income, and jobs provided by the applicant should be correct.

Along with the form, furnish the relevant documents. The list of documents includes Identity proof, Address proof, Proof of income, and a passport.

Your application will be processed, and your information will be cross-checked at the bank level.

In case of successful completion, the bank will sanction the credit card with a reply and forward it to the registered address.

You will receive the BoB ICSI Diamond Credit Card by post at the same postal address.

Once you receive your card, you need to activate it by following the instructions given in the envelope, either through the Bank of Baroda Card website or mobile app or by calling their customer service.

For security purposes, you must set your PIN (Personal Identification Number) before you can start using your credit card.

Would getting a Bank of Baroda ICSI Diamond Credit Card in 2025 be right?

Yes, getting a BoB ICSI Diamond Credit Card in 2025 can be a good option if you require a credit card with great offers, especially for those who shop for lifestyle products. The reward is excellent and comes with the purchase of items such as jewelry. On top of that, the bank provides discounts and easy access to the EMI facility.

Bank is also a strong bank with high customer service, so it is dependable. But don’t forget that you should make sure that you can handle your credit responsibly in terms of paying the bills and keeping your credit from exceeding its limit. Provided that you are stable in terms of income and have good credit, it might be a very good option in 2025.

Conclusion

BoB ICSI Diamond Credit Card is a great financial instrument particularly tailored for company secretaries and other professionals. BoB ICSI Diamond Credit Card is not just rich in features and benefits, but it also provides customers with financial security as well as freedom. Its facilities, such as cashback, exclusive discounts, and travel benefits, make it a great option.

The primary purpose of the BoB ICSI Diamond Credit Card is to enable its customers to control their daily expenditures more effectively. With this, you can not only avail discounts on shopping but also have numerous benefits while traveling. In this manner, the BoB ICSI Diamond Credit Card makes your life even more comfortable and convenient.

BoB ICSI Diamond Credit Card comes with online features, and that makes it simpler for the users to track expenses and pay bills promptly. On-time payment increases your credit rating, which brings more benefits for your finances in the future.