How to apply for a credit card in Chennai - Bajaj Finserv

Credit Card in Chennai- Get it in a few simple steps.
How to apply for a credit card in Chennai - Bajaj Finserv
2 min read
3 Aug 2023

Chennai has embraced the rapid digitisation of the financial sector, making credit cards an essential tool. Credit cards play a pivotal role in easing daily transactions, enabling secure online purchases, and offering access to rewards and benefits.

The increase in digital payment solutions has made life easier, with credit cards at the forefront of this change. Credit cards are now widely accepted across retail outlets, restaurants, online platforms, and utility bill payments.

Apply for a credit card in Chennai

The process of applying for a credit card is simple. You can apply through the official websites of banks and financial institutions or visit their branches in the city.

Online applications are popular due to its convenience and quicker processing durations.

Benefits of a credit card

Credit cards are a great financial tool due to the wide array of benefits. Some of the key advantages include:

  1. Convenience: One of the main advantages is the convenience. With a credit card, you can make purchases anytime and anywhere, eliminating the need to carry large amounts of cash.
  2. Rewards and offers: Many credit cards come with attractive reward points, cashback, and exclusive discounts on dining, shopping, travel, and entertainment, making everyday transactions more rewarding.
  3. EMI facility: For significant purchases, credit cards provide an EMI facility. This feature allows you to convert high-value transactions into easy monthly instalments, enabling you to manage your expenses more effectively.
  4. Credit score building: Responsible usage and timely repayments on your credit card can positively impact your credit score. A good credit history is crucial for future financial endeavours such as obtaining loans or mortgages. A higher credit score enhances your creditworthiness.
  5. Safety and security: Credit cards have advanced security features, ensuring a safe and secure transaction experience. One-time passwords (OTPs), chip technology, and fraud protection measures minimise the risk of unauthorised transactions and provide peace of mind to cardholders.

Eligibility criteria

Meeting some criteria is necessary to be eligible for a credit card. The applicant must be an Indian national between 21 to 70 years and fulfil the income and credit score criteria set by the card issuer.

Documents required

When applying for a credit card, you need to submit some documents. These typically include:

  1. Identity proof: Aadhaar Card, passport, voter ID, or driving licence.
  2. Address proof: Utility bills, rental agreement, or any government-issued address proof.
  3. Income proof: Salary slips, bank statements, or income tax returns.

Having a credit card in Chennai can improve your financial experience and offer numerous benefits. By learning about the application process, meeting the eligibility requirements, and preparing the necessary documents, you can effortlessly apply for a credit card that suits your requirements. Bajaj Finance provides a variety of co-branded credit cards that cater to different spending habits and lifestyles, ensuring a rewarding financial journey.

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