What is a credit card?
Credit cards are an absolute must these days for shopping online, booking flight tickets and even eating out in restaurants. They provide quick credit to users with easy repayment terms. Credit cards also eliminate the need to carry too much cash and are quite handy in times of need. These days most credit cards offer rewards for Credit cards spends and many banks also throw in special discounts and offers when you use your credit card on partner websites. If you pay your bills on time then you do not pay any interest whatsoever and enjoy credit period of up to 50 days offered by most banks.
The number of credit card users in India is steadily increasing and according to the Reserve Bank of India, a total of 30.86 million credit cards were in operation, as of May 2017. Credit card usage spiked during the months of November, December, and January following the demonetization of Rs 500 and Rs 1000 notes.
Credit Card Apply
Almost every major bank and even financial institutions offer Credit cards. For first time users, the choice of a credit card can be overwhelming. Luckily, help is at hand with Jeevan Utthaan. Jeevan Utthaan allows customers to evaluate multiple credit cards from a single dashboard without the hassles of comparing rates, interest-free period, annual fees and benefits on multiple bank websites. What’s more, you can even check your CIBIL score and apply for a credit card in a paperless way. Jeevan Utthaan’s smart fintech algorithm guarantees an approval within 60 seconds. If not, our experts call you within 4 hours to help you process your credit card application.
Credit Card Eligibility
The eligibility depends on the type of credit card you wish to apply for, however, most banks require the applicant to be at least 21 years old with a minimum annual income of Rs. 2.4 lakhs and a good CIBIL score.
How it Works