BOI SwaDhan RuPay Platinum Credit Card Review

Bank of India has introduced a new credit card named BOI Swaghan Rupay Platinum credit Card. It is a secured credit card, specially designed for beginners. This card comes with some benefits like – Cashback benefit, EMI facility, Low-interest rate, Zero annual and joining fee, etc. All the details of the card are given below. 

Eligibility Criteria:

  • Resident Type: Indian. 
  • For salaried person:
    • Age: 21 to 65 yrs. 
    • Income: You can get this card against a Term Deposit or Fixed deposit account.
  • For self-employed person:
    • Age: 21 to 65 yrs. 
    • Income: You can get this card against a Term Deposit or Fixed deposit account. 
  • Term or Fixed Deposit amount: The bank will let you know the amount at the time of application. 

Required Documents:

  • Photocopy of ID Proof (any 1)
    • Aadhar card
    • Voter Card
    • Passport
    • PAN Card
  • Photocopy of Address proof (any 1) 
    • Last 6 months bank account Statement
    • Aadhar Card 
    • Driving License 
    • Passport
    • Utility bill
  • One recent passport-sized photographs
  • Proof of income statement:
    • Salaried Person (any 1)
      •  Salary Slip of the last 3 months 
      • ITR
    • Self-employed person
      • Income tax return of the last year 
      • Proof of business
      • Recently submitted form 60. 


  • Joining Fee: None. 
  • Annual Fee: None. 


  • Welcome benefit: 

Every customer is important, therefore with the issuance of your BOI SwaDhan Rupay Platinum Credit Card, you will get some gift vouchers as a welcome gift. You can use those vouchers for shopping

  • Cash-Back benefit:

From time to time BOI comes with some exclusive cashback offers especially when you use your card to pay your utility bills or when you use your card to purchase at BOI partner’s outlets you can get exclusive Cash-Backs.   

  • Add on card:

You can share the benefits of your credit card with your loved ones just by making them your add on cardmember. You can add your children, parents, siblings, or any of your family members with your card, and they can have all the benefits that you have  

  • Flexible spend limit:

With this card you can now set a spending limit for each of your add-on card members, this feature can be very helpful in making a monthly budget. 

  • EMI facility:

Now your low shopping budget will not stop you from buying your favorites, as with your BOI SwaDhan Rupay Platinum Credit Card you can turn your high-value purchases into EMIs. 

You can also convert some of your purchases into EMIs instantly at the outlet, although this feature is available only at some selected outlets. 

  • EMV Chip 

This card comes with a built-in EMV chip, this is a specially designed chip to add some extra security to your transactions. With this card, you will get an OTP, whenever you use your card for online transactions. 

  • Multiple payment options:

There are multiple options to pay the card bills, you can pay with NEFT, IMPS, RTGS, or simply through a cheque. You can also pay online by just visiting the Bank of India’s official website 

  • Acceptance:

BOI SwaDhan Rupay Platinum Credit Card is a RuPay Credit Card that means it is mostly accepted in India and Nepal, also you can use this card anywhere where the RuPay logo can be seen.  


  • Finance Charge: 2.50% monthly. 
  • Foreign currency transaction: 2% against the transacted amount.

Contact Details:

Call: 1800-220-229



Dispute Resolution Process:

If you notice some unauthorized charges or some payments that you have not made with your card you should act immediately, there are some steps given below, that can help you in emergencies. 

  1. If your card is lost or stolen or any fraud transactions happen with your card, you should immediately call customer service and ask them to block your credit card, and then follow their instructions. To block your card contact here:

Call: 1800-425-1112



  1.  If you are still not satisfied with the given service you can contact the nodal officer of your state, you can find the contact details from the Bank of India’s official website. 
  2. If your problem is still not solved at the second stage, you can then contact the Banking Ombudsman of your state. You can find the contact details from the Reserve Bank of India’s official website.   

100xGain Ratings:


Final Opinion:

BOI SwaDhan RuPay Platinum Credit Card is a basic credit card, this card is the best option for those who want to heal their low credit score or for those who did not have a credit score. Because this card is issued against a term deposit or fixed deposit, the interest rate of the card is relatively low, and it comes with some benefits too.

So if you are a beginner or you want to make your credit score higher, you should go for this card. But this card does not feature benefits like lounge access or entertainment benefits. So if you want a secured credit card that can offer you such benefits then you can go for Kotak Mahindra Wealth Management Infinite Credit Card, or Indusind Bank Platinum Aura Edge Credit Card

4 thoughts on “BOI SwaDhan RuPay Platinum Credit Card Review”

Leave a Reply

Share via
Copy link
Powered by Social Snap
%d bloggers like this: