What are the eligibility criteria for getting a credit card?

What are the eligibility criteria for getting a credit card?

Credit score

  • Decades will be contained in this twenty five in order to 65 many years
  • You must have a consistent source of income
  • Creditworthiness, that have the absolute minimum CIBIL score out of 750 or more, no previous ideas from defaulting on your own costs
  • A domestic address that have to slip when you look at the SuperCard alive cities in the united states
  • Candidate should also end up being an existing Bajaj Finserv customers and Bajaj Finserv EMI Circle cardholder

Different kinds of playing cards provided by Bajaj Finserv

The fresh new Bajaj Finserv RBL Financial SuperCard is available in 17 more variations, however, for each and every cards possess different qualification conditions, experts, charge and you will fees. Here is a list of the different sort of playing cards provided by the Bajaj Finserv were:

Just what files are needed to apply for a credit card?

There are step 3 number 1 data you’ll require locate good Bajaj Finserv mastercard – image, label and you can address facts. A lot more data may be required during the application processes.

Tips get a charge card online?

Obtaining a charge card is fast and simple. Locate a charge card, use on the internet in a few easy steps.

  1. step one Follow this link and enter into your mobile matter
  2. 2 Fill out the brand new OTP gotten and check when you have good Bajaj Finserv RBL Financial credit card render
  3. 3 For those who have an offer, take advantage of your own charge card also provides
  4. 4 In the eventuality of no give, submit your details

Charges and charge

There are a few benefits of using a charge card. You can utilise a credit card making transactions when you look at the pre-computed otherwise preset borrowing limit and you can repay extent in interest-100 % free several months instead incurring a lot more costs.

Although not, you might also need to-be mindful of the financing cards attract costs and you may punishment costs you will face if you don’t shell out your charge card dues timely. For folks who miss the percentage deadline, you’ll bear most attention on your charge card bill. The best credit cards into the Asia have minimal interest charges.


A charge card is an economic tool that allows the newest cardholder and work out transactions without having to pay because of it instantaneously. The credit card issuing team covers the nice otherwise solution into the cardholder’s part and you can products a charge card declaration so you can the fresh new credit holder after the charging course. They states the total payday loans near me Savannah amount owed, and this should be paid down with the otherwise through to the due date.

A charge card report is approved by the bank or perhaps the credit card business at the end of this new billing cycle. They merchandise a listing of most of the transactions you made inside charging several months. The credit credit report mentions the total amount you owe towards the bank, minimal count due as well as the due date.

You can study concerning your qualification from the checking out the qualifications standards toward Bajaj Finserv webpages. You should be a grownup (18 years old) to apply for a charge card rather than over 70 yrs old. Although not, brand new Bajaj Finserv RBL Bank SuperCard is only approved to people old twenty five to 65 ages. Which have a steady income source and you will a credit history away from 750 or significantly more than are very important criteria also.

A charge card equilibrium ‘s the full sum of money your owe on credit card company. It’s mentioned in the mastercard report. You should pay-off this number into or through to the owed day to end any punishment.

By using an effective debit card, your withdraw funds from your finances, as opposed to credit cards, where issuer will pay the total amount on your behalf. Your essentially take a loan in the bank card company, which need to be paid into or before due date. If you fail to clear the new fees, you’re changed interest towards the a great number.

Yes, you can use your charge card on an atm. Although not, like transactions include this new luggage out-of high fees and you may attention costs. That said, brand new Bajaj Finserv RBL Bank SuperCard enables you to withdraw dollars out-of one Atm notice-free for up to 50 months.

Credit cards enables you to purchase one device of one’s solutions to your borrowing from the bank. Although not, you much pay off the fresh new issuer shortly after a specified months.

You need to complete money qualifications standards to get accepted to possess credit cards. Although not, when you’re a student instead of an income source, you can sign up for students charge card.

A credit card matter are another 16-hand count personal to each and every mastercard. The initial hand assists with distinguishing the financing bank. Eg, Visa handmade cards start out with the quantity « 4 », while you are MasterCard’s begin by the hand « 5 ». Furthermore, See credit cards start with the number « 6 ». Next so you can 6th-put digits assist in pinpointing the financial institution. The brand new seventh to fifteenth digits denote the latest cardholder’s membership amount. The very last kept amount is known as while the consider digit. It’s automatically produced in accordance with the remaining wide variety. The latest view digit helps in reducing any errors.

The charge card contains specific digits, generally good sixteen thumb numeric number, novel to every credit. A charge card count is essential to do any transaction. It can help when you look at the authenticating a cardholder.