A loan against credit card works like a personal loan. It is a means of financing that can help you meet your monetary needs in a relatively short period of time. As long as you have a credit card in your name, you can avail money against it, usually without having to submit any new documents.
Credit card loans or loans against credit card are usually pre-approved and can be availed instantly. In the case of the Bajaj Finserv RBL Bank credit card, you are already assigned a pre-approved limit. When you need to avail money, you can convert this limit into an interest-free personal loan and get instant cash up to 90 days.
While you are charged a flat 2.5% processing fee, the entire process of converting your pre-assigned limit into a loan is hassle-free and fast. There is no need to visit a physical branch or any lengthy paperwork to avail this money. You can do this on the SuperCard mobile app itself.
Buy home appliances from refrigerators to LED TVs on easy and affordable EMIsKNOW MORE
Buy smartphones, cameras, tablets and laptops on easy EMIsKNOW MORE
Get everything you need on easy and affordable EMIsKNOW MORE
The assured way to make your savings growAPPLY NOW