For the last few years, credit cards have been playing a vital role in our lives. We have started using it for almost all our purchases. Be it buying something for us, gifting something to our loved ones, paying bills, booking cabs, etc. And as credit card issuers have started giving easy EMI facilities, people are using it for large purchases as well. It’s very common nowadays for everyone to carry a credit card. And since credit card issuers are providing attractive rewards and bonuses for their cardholders, there has been a growth in the number of cardholders. With the pace at which India is moving towards digitalization, we can forecast that in near future, we will become a cashless economy, and all our payments will be digitized.
Now, if we discuss the credit card industry, a wide range of cards are offered by banks catering to all your needs. There are also cards available that are tailored for their customers like credit cards for shoppers, cards for frequent flyers, and cards for movie buffs. So, if you have decided that you want to get a credit card, there are two things you should know. The first is to know the requirement while applying for a card, i.e., if you are eligible for a credit card. You should also know how to apply for a credit card. For greater convenience, you can also apply for a credit card online.
Let us discuss the requirements for applying for a card, and also how to apply for a credit card. We take the example of the Bajaj Finserv RBL Bank SuperCard, and its eligibility criteria, and how one can go about applying for the card
Requirements to apply for a Bajaj Finserv Credit Card
The Bajaj Finserv Credit Card eligibility criteria are fairly straightforward. One should meet the following eligibility criteria.
All the banks issuing credit cards set an age limit. To be eligible to apply for a card, you have to fall within that limit. According to Bajaj Finserv Credit Card eligibility criteria, your age must be above 25 years.
To avail a credit card, you must have a regular income. The exact income requirements differ from one bank to the other, although it is safe to assume that you must earn at least Rs. 25,000 per month.
To successfully apply for a Bajaj Finserv credit card, your CIBIL score should be above 750. There should be no default record on the individual, as it decreases the creditworthiness of the applicant. So, if you have a score of more than 750, you are good to go.
You should fall under the SuperCard live locations in the country to be able to apply for the Bajaj Finserv RBL Bank SuperCard.
To avail a credit card from Bajaj Finserv, you have to be an existing Bajaj Finserv customer, and Bajaj Finserv EMI Network Cardholder.
If you meet all the above criteria, you are eligible to apply — and possibly obtain — the Bajaj Finserv RBL Bank SuperCard. Once you know about your eligibility, you can then apply for the credit card.
How to apply for a Bajaj Finserv Credit Card?
Bajaj Finserv RBL Bank SuperCard is one the best credit cards today. To apply for the credit card, you have to submit an online application form with the necessary documents.
There are 3 necessary documents required to avail of the Bajaj Finserv Credit Card:
- Identity Proof: Aadhaar Card, PAN Card, Driving License, Voter ID Card, Passport
- Address Proof: Aadhaar Card, Passport, Driving Licence, Voter ID
Apart from the above documents, some additional documents may be required, which can be asked during the process. Once you have all the requisite documents, you can go to the Bajaj Finserv website, and apply for the credit card online. You can also check your pre-approved offers on the website.