RBL Corporate Purchase Credit Card Review

RBL Corporate Purchase Card is a corporate credit card from RBL Bank of India. It is a MasterCard credit card with a built-in EMV chip. This card is specially designed to reduce the hustle of payment so that you can run your company more smoothly. This card also comes with many other features and benefits like – E-Statement facility, Emergency card replacement, Lost card liability, Personal Relationship Manager, Interest-free period, Personalization option, EMV Chip security, Worldwide Acceptance, and lots more

Eligibility Criteria:

** The bank has not cleared the eligibility criteria for this card, but with our experience, we can say that it should be like this**

  • Resident Type: Indian. 
  • For salaried person:
    • Age: 21 to 60 yrs. 
    • Income: Above ₹25,000 monthly. 
  • For self-employed person:
    • Age: 21 to 65 yrs. 
    • Income: ITR > 3.5 lakhs
  • Good CIBIL Score (750 or more).

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)
      • Latest salary slip, (3 months) 
      • ITR
    • Self-employed person
      • Latest Income tax return. 
      • Proof of business
      • Recently audited financial report. 

Fee:

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

Benefits:

  • Lost card liability coverage:

This card offers lost card liability coverage of up to ₹2 lakh. To get the maximum benefit of the coverage you have to report the loss as soon as you notice it. Also, you can replace your card very easily.    

  • MIS Facility:

This card offers you the facility of MIS or Management Information System. You will get regular reports from them. 

  • E-Statements:

On the billing date, you will get your statement in your registered E-mail. This feature is smart and convenient than a regular postal system. 

  • Relationship Manager:

This card offers you a dedicated relationship manager, you can get help from them to solve your disputes. 

  • Personalization option:

You can personalize the fourth line of your credit card. you can emboss it with your company’s name. 

  • Interest-Free Period:

With this card, you can enjoy 50 days Interest-free period. 

  • EMV Chip Card:

This card comes with a built-in EMV Chip. It adds more security and convenience to your transactions.

  • Global Acceptance:

This card is globally accepted, you can use this card at any outlet or e-commerce site where the MasterCard Credit Cards are accepted.  

Charges:

  • Cash Withdrawal Charge: None. 
  • Finance Charge: 3.4% monthly. 
  • Foreign currency transaction: 3.5% against the transaction amount. 

Contact Details:

Call: 

  • 1800-121-9050 (Toll-Free)
  • +91-22-6232-7777
  • +91-22-7119-0900 (Super Card)

Mail:

100xGain Ratings:

2.5/10

Final Opinion:

If you run a small company or business, and you need a credit card to run it smoothly, then you can go for this card. You will get lost card liability coverage, MIs Facility, E-Statements, personal relationship manager, personalization option, etc. So if you are looking for a low-cost corporate credit card then you can go for it. 

But If you need a premium credit card for your company then I would not recommend you this card, instead, you can go for the Yes First Business Credit Card, and if you want to spend more to get some more premium benefits then you can go for American Express Platinum Corporate Card.  

1 thought on “RBL Corporate Purchase Credit Card Review”

Leave a Reply

Share via
Copy link
Powered by Social Snap