Dear Customer,
Greetings from BOB Financial OneCard.
We would like to inform you that, with effect from March 10, 2024, transactions made in the form of transfers to bank accounts or third-party wallets for a total of Rs. 10,000 or more in a calendar month will be charged a monthly fee of 1% on the total transfer amount.
An illustrative example of the above mentioned fee change is given below.
| Transfer in a month | Fee @ 1% | |
|---|---|---|
| Scenario 1 | First transaction of Rs. 4,000 | Rs. 0 |
| Second transaction of Rs. 5,000 done in the same calendar month | Rs. 0 | |
| Scenario 2 | First transaction of Rs. 15,000 | Rs. 150 |
| Second transaction of Rs. 20,000 done in the same calendar month | Rs. 200 (Total Rs. 350) | |
| Scenario 3 | First transaction of Rs. 8,000 | Rs. 0 |
| Second transaction of Rs. 6,000 done in the same calendar month | Rs. 140 (Rs. 80 + Rs. 60) |
To get a comprehensive understanding of the charges and updated categorization of transfers, kindly review the updated Terms & Conditions.
Regards
BOB Financial OneCard
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