How to apply for SBI credit card online?
Apply for SBI credit card online- How to apply for SBI credit card online l SBI credit card online application credit l card apply online l apply for SBI credit card online instant approval l credit cards online l SBI card apply simply click l pros and cons of credit cards—As we know nowadays everything has gone digital. No one goes to offline stores to buy products anymore. We are jumping on e-commerce sites because it is easy to shop at the best offers and prices in online stores.
We can get all our liked products at affordable prices. The product can be of any price, it can be priced at Rs 10 or Rs 1 lakh, we never step back to order that product from the online store. But sometimes customers face problems to buy some expensive products and they prefer to buy the product in installments instead of full payment. Also, in this digital age, you cannot manage all online changes using SBI DEBIT card only
pros and cons of credit cards
⭐No interest up to a certain period for repayment
⭐You can pay the amount in EMIs with a small interest online products like TV, Mobiles, Bikes, etc
⭐You may avail loan using a credit card from the bank provided you have a good record of credit repayment and a high credit standing
⭐Free Air miles and usage of the lounge at airports and reward points for your spending.
⭐You can get best and jaw-dropping offers/discounts on the credit card for many products and services
⭐Access to debt can lead to debt if your expenditure goes yours beyond your repayment capacity.
⭐The interest rates of credit cards may reach up to 40%
⭐if you have any of the dues then your credit score would be affected and you won’t get any loans in future
⭐If your credit card is lost and there is no insurance on your credit card then you are liable to pay for any transactions that occur after losing the card.
⭐When you default on credit card payments, you are charged with late fees and interest, increasing your debt load.
So, friends, you understood the pros and cons of using credit cards.
Now come to our main topic How to apply for SBI credit card online.
|ELIGIBILITY CRITERIA FOR CREDIT CARD APPLICATION|
|AGE (MINIMUM AND MAXIMUM)||21 YEARS AND 60 YEARS|
|MINIMUM INCOME|| VARIES FOR DIFFERENT CREDIT CARDS
(GENERALLY, Rs 20,000)
|PROFESSIONAL EMPLOYMENT||SALARIED OR SELF EMPLOYED|
|OTHER ELIGIBILITY CRITERIA||SHOULD HAVE REGULAR SOURCE OF INCOME|
|SHOULD HAVE GOOD CREDIT SCORE AND SHOULD NOT HAVE DEFAULT PAYMENTS|
The applicant must check the following CRITERIA in details while applying for an SBI credit card.
AGE– Maintaining a Credit card is not easy sometimes, so SBI has set a certain age range. It gives banks an assurance that their credit cardholders can pay the credit card bill at the right time. At the time of applying for a credit card, State Bank of India observes that the minimum age of the applicant is 21 years and the maximum age of the applicant is predetermined by the bank. ( not to exceed 60 years).
MINIMUM INCOME– The credit card holder must have a regular monthly income that must meet the minimum income criteria as defined by the State Bank of India. The minimum criteria for different credit cards may vary.
CREDIT HISTORY– The credit history or credit score of the applicant should be quite good as it shows the regularity and responsibility of the applicant. Credit score must be above average to avail credit card facility.
DOCUMENTS AND NATIONALITY–The requirements of documents may vary as per SBI guidelines according to different occupations of the applicant
Applicant must be a resident or non-resident Indian
REQUIRED STEPS FOR ONLINE SBI CREDIT CARD APPLICATION
- -Visit the official website of SBI credit card-sbicard.com
- -On this page, click on the credit cards
- -After clicking it, scroll down a bit to see our premium credit card written below.
- -Under this many categories are present like
- Lifestyle cards
- Reward cards
- Shopping cards
- Travel and Fuel cards
- Banking partnership cards
- Business cards
- All cards-Where cards from all the categories are present
- -From these select the card according to your requirement. Carefully read every detail of each card to know the offers, usage, interest rates, off during use, etc.
- – Click on the apply button of your chosen card to proceed further
- -Next step is to fill up the details like Name, place, DOB, Qualifications, etc
Note-If you already have an SBI credit card and login details then all the details will be filled automatically where you will be asked to give your credit card number in the next step. And all the steps will be completed within a couple of minutes
- –In the occupation field, if you choose as a salaried person, verification is faster than other options.
- -After filling all the details like PAN number and Phone number, you will receive OTP and put it to verify your mobile number
- After verification of your mobile number, you will be asked to fill professional details such as gender, PIN code, professional details (professional details are only asked if you have selected a salaried person).
- Tick the checkbox to accept terms and conditions click on Get instant decision
- Wait for some time until all your details and documents are verified by SBI (correct PAN card, address, phone number, etc.)
- You can get 1-2 calls if necessary or agents can travel to you verify manually
- If everything is found right, you will get your credit card within 2-3 weeks
- DOWNLOAD AND INSTALL YONO SBI APP FROM THE PLAY STORE or APPLE STORE
- Open YONO SBI app to log in or signup
- Tap on the Cards
- Move to Get a new SBI card
- After this, there will be 2 options-
1. Browse a card 2. Find your perfect credit card
- If you choose to Browse a card then you will be shown different types of credit cards according to the categories. Each credit card has its own specifications
- If you choose to Find your perfect credit card, then you will be asked certain questions just to simplify the card selection process.
- After this, you have to fill all the necessary details in different widows. All the process are exactly the same as website procedures
- After all these steps you will receive application number message and customer care will contact you to verify your application
- You will receive the SBI credit card at your home address within 10-20 days
If you have any queries, then comment below,`I will solve your problems for sure
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