Bank of Baroda Miscellaneous Request Form

Bank of Baroda Miscellaneous Request Form – Imperium Card

Bank of Baroda Miscellaneous Request Form – Imperium Card Download

The Bank of Baroda Miscellaneous Request Form for Secured Credit Cards (managed via BOBCARD for cards backed by Fixed Deposits, such as the Imperium Secured Credit Card) is used specifically to manage credit limits and configurations tied directly to a customer’s Fixed Deposits (FDs) (Miscellane… pp. 1-2).

The key features, operational rules, and terms outlined in the form include:

📈 Credit Limit Modifications

Limit Enhancement: Allows the cardholder to increase their credit limit by linking additional or existing Fixed Deposits (Miscellane… p. 1). The bank marks a formal lien on the entire FD amount, including all future interest earned (Miscellane… p. 1).
Maximum Cap: The recommended credit limit is capped at a maximum of 85% of the total linked Fixed Deposit amount (Miscellane… p. 2).
Limit Reduction: Cardholders can request a downward revision of their credit limit to a lower specified percentage of their linked FD (Miscellane… p. 1).

🔐 Fixed Deposit Delinking & Card Closure

FD Delinking: Cardholders can request to release specific FDs from the credit card lien (Miscellane… p. 1). Doing so automatically prompts the bank to revise and reduce the card’s credit limit based on product guidelines (Miscellane… p. 1).
Card Closure: To close the secured card, the applicant must confirm zero outstanding balances (Miscellane… p. 1). Closing the card cancels all linked standing instructions and triggers the release of the FDs from the lien (Miscellane… p. 1).
Early Closure Fee: If the credit card is closed before completing 1 year from the date of issuance, an early closure charge of ₹999 is levied (Miscellane… p. 1).

📋 Strict Backend & Form Signatures

Mandatory Signatures: The physical form must be signed by the primary cardholder as well as Fixed Deposit Holder 1 and Holder 2 (if it is a joint FD account) (Miscellane… p. 1).
Auto-Renewal Rule: All linked FDs must be set to Auto-Renewal mode so the backing security does not lapse (Miscellane… p. 2).
Branch Custody: The Confirmation of Deposit (COD) receipts, duly discharged with a signature over a revenue stamp, are permanently held in secure branch custody and are not dispatched to the holder during the tenure of the card (Miscellane… p. 2).
Tracking: The bottom of the form includes a detachable, official Acknowledgement Slip stamped by the bank officer for your records (Miscellane… p. 1).