How do you apply for a Credit Card online in India?

Credit Cards make it easy for you to borrow money and purchase items, even if you are on a tight budget. Apply for a Credit Card online in India is a straightforward process, provided you have already decided which card you wish to use for your purchases. Once you have made the comparison and decided, you need to follow these steps:

1. Visit the bank’s official online platform
2. Click on the ‘Apply’ button in the ‘Credit Cards’ section
3. Key in your occupation, contact details, income, PIN code, etc.
4. Pick the Credit Card of your choice and click on the ‘Check eligibility’ option
5. If you meet all the eligibility conditions required for the selected card, you will be asked to proceed further with the application and enter your name, email address, birthdate, and PAN Card number
6. Next, you need to enter your residential address and PIN code
7. You will also be asked to enter your employment details, like the company’s name, address, PIN code, and landline number
8. Lastly, you need to verify your mobile number using the OTP sent to your phone to complete the application process

Later, you will receive a call from the bank to suggest a time and place to complete the physical documentation process. You can also upload them digitally based on your convenience. They will send a field agent to your suggested location to conduct the necessary steps, after which they will take your application process forward.

Points to note

• It is important to note that your application may be rejected if you do not meet the Credit Card eligibility criteria.
• If you have already applied for a Credit Card or if you have received a Credit Card from the same issuer in the last six months, you are not eligible for a new Credit Cards.
• Credit Cards can be used to fund your purchases, earn rewards, redeem points, receive discount vouchers, shop safely online or offline, and even receive cashback.
• To apply for one, your minimum credit score should be 750 and above. However, this criterion varies between banks.

Conclusion

The entire Credit Card experience, from application to card issuance and expenditure tracking, is digital and can be completed in under five minutes. With digital technology replacing most processes, you can save time, travel, and the hassle of paperwork when applying for it. Moreover, you can access the online platform from any device with an active internet connection.