Most people nowadays own a credit card and also enjoy the advantages it provides to them. Different credit card companies such as Bajaj Finserv offers customers to get an instant credit card online.
These credit cards come with various advantages, such as reward points and cash back, which makes people interested to get credit cards. Although sometimes people have the wrong notion that getting a credit card is a tough task, in reality, it is the opposite. People can easily opt for a credit card and get it by following certain simple steps.
It is important to do the research first about which is the best company for a credit card. But after doing that, people should know how they can apply for the card. No matter whichever bank the customer chooses, the application process remains fairly similar to one another. We shall see how people can apply for credit cards and what are the things they should keep in mind.
What sort of credit card do you want to own?
When it comes to credit cards, people will have a plethora of options. But it is important to do the research and choose the one that fits your lifestyle perfectly. Those who love to travel and often go from one place to another should opt for a travel credit card. This card will give the customers different discounts and offers on hotels and flight booking. Apart from that, they will also get access to the airport lounges. If you love to watch movies, then opting for an entertainment credit card will benefit you. The business credit card comes with various perks for business owners, such as advance credit.
Make sure you carry out the eligibility criteria before you apply.
Before you decide to get a credit card, make sure you go through the eligibility criteria and fulfill them. Nowadays, getting a credit card has become fairly easy, and most banks have lucrative offers for their customers. For this reason, you should check the eligibility criteria required for the bajaj credit card application before you plan to get it. Those between the ages of 21 to 65 can apply for a credit card. Also, the customer should have a steady income, and the card they choose should be based on the income slab. People can either be self-employed or salaried individuals to apply for a credit card. Many times the credit card company will provide an individual with a credit card based on their fixed deposit.
Keep the documents ready.
Once you check that you pass the eligibility criteria for the credit card, then it is time to get all the required documents. You need to have the payslip, bank account statement, and income proof in the form of IT returns. Apart from that, the customer also needs to keep their identity proof as well as address proof handy. The bank will also ask for a copy of the PAN card along with photographs. Sometimes, the bank would not require these documents if you have already done the KYC for the savings account with that bank. Once you have all the relevant documents, you need to choose the bank. Head over to the website of the bank and start filling out the application form for the credit card.
Choose the mode of bill payment.
Lastly, people need to choose the mode of bill payment for the credit card. People have the option to visit the nearest branch and pay the amount by cash and also pay extra processing fees. Apart from that, they can also choose to make the payment through cheque. People who want to do the online payment can choose to pay the amount through NEFT.
