Friday, 24 April 2020

Why Applying for a Credit Card Online is a Good Choice?

As per data put forth by RBI, the number of credit cards in circulation in India witnessed a 27% growth between 2018 and 2019. This rise in the demand for these cards can be attributed to the easy availability of the same from various financial institutions.
The easy access to the cards has been further bolstered by various credit card apps through which potential users can apply and avail them.



Following are a few reasons why applying through these apps is a good choice –

  • Easy application process

The application process through these apps is much more streamlined than other more traditional methods. With the credit card apply online facility through apps, users simply need to put forth their financial and personal details and complete their application by uploading the required documents.

  • Instant approval 

If you satisfy the required eligibility criteria and upload all the necessary documents, your application will be instantly approved. Further, your credit card will be dispatched immediately upon approval.

  • 24x7 availability

Online credit card apps are accessible 24x7. This allows you to check relevant information about the card and choose the one best suited to your requirements by comparing the ones available.

  • Quick availability of a personal loan

With apps like the Bajaj Finserv App users can easily avail a personal loan against their credit cards. Such loans can be beneficial in times of emergencies.

Thus, with such benefits and more, applying for a card online through an app can be a lot easier than other traditional methods of application. So, it is best to download any of these apps from the leading financial institutions in India and apply for a card from your smartphone. Moreover, these tools also work as a personal loan app.


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