Are you seeking a reliable financial tool that provides convenience, flexibility, and rewarding benefits? Look no further than the best credit cards in Bund Garden. Whether you want to enjoy cashback on everyday expenses, earn travel miles, or indulge in exclusive shopping perks, our curated selection of credit cards caters to all your needs. In this article, we'll walk you through the exciting features and advantages of our top credit cards, designed to empower your financial freedom and enhance your lifestyle.
Our Bund Garden facility is located at Platinum Square, 210, opposite WNS, Viman Nagar, Pune, Maharashtra 411014, you can just walk-in or you can call us at 08069405715 to find out more about eligibility criteria for a Credit Card. Or you apply online for an Credit Card at your convenience.
To make the loan application process seamless, we have kept our eligibility requirements very simple and flexible. You need to meet the following eligibility criteria to avail of a Credit Card in Bund Garden:
Maximum age of applicant at loan maturity: 67 years
Minimum Net Monthly Income: Rs 15,000
Applicant should have the bank specified credit score.
To avail of a Credit Card in Bund Garden with Loanmani, you need to submit the following documents:
|Driving license, Voter id card, PAN card, Aadhar card, Passport
|Driving license, Voter id card, PAN card, Aadhar card, Passport, Electricity Bill
|Account statement of last 2 months
|Bank passbook, IT returns of last 3 years, Payslip of last 2 months, Certified letter from the employer, Form 16
|Ownership Proof Of Business
|Office property papers, any government recognised certificates
To apply for Credit Cards in Bund Garden, all you have to do is visit our official website and follow the steps mentioned below.
function similarly to regular credit cards. The only difference between a normal and secured credit card is that the latter is issued against collateral, such as fixed deposits, to reduce the risk level for card issuers. Secured credit cards are beneficial for individuals with no or poor credit history. As a result, it is one of the easiest methods to enhance your credit score while enjoying the benefits of a credit card. Secured credit cards are issued in exchange for a fixed deposit, which decreases the risk for credit card companies. If you do not pay your payment on time, the credit card company may deduct the amount from your deposit.
Credit cards can be broadly divided into two categories:
However, credit cards can also be classified as follows:
A debit card allows you to withdraw money directly from your bank account deposits. A credit card, on the other hand, is similar to a short-term loan from the card issuer that allows you to make payments or withdraw cash. Rather than repaying this short-term loan on a per-use basis, all of your credit card spending are combined into a single bill at the end of the billing cycle.
You can know if you are eligible for a credit card by checking its eligibility criteria as mentioned on the bank’s website. You may also contact the customer service department of the credit card providers to ascertain your eligibility.
A credit limit is the maximum amount of credit extended to you on your credit card. Factors on which the credit limit of an applicant depends are his/her profile, the repayment capacity, CIBIL credit report, etc. However, to increase your credit limit, you can raise a request for the same with your provider. Upon raising the request your provider may ask for additional documents or may scrutinize your request based on factors such as credit score, financial status etc. If you are deemed eligible, your credit limit will be increased. Also, if you have paid your credit card balance on time, you may be eligible for an annual credit limit increase from your provider.
Yes, credit card providers do charge cardholders with penalties if they are unable to pay the due amount on time. Cardholders are usually charged with an interest of 3-4% on their outstanding amount. The amount to be paid is calculated based on the formula:
(Number of days counted from the date of transaction made X Entire outstanding amount X Interest rate per month X 12 months)/365.
Yes, you can use your credit card to withdraw cash from an ATM. However, you withdrawing cash using a credit card incurs additional charges which may range anywhere from 2.5 – 3.5%.
If you do not pay your total credit card bill by the due date, you will be charged finance charges on the outstanding balance. The interest charges for non-bill payments typically vary between 30 and 49% every year. In addition, failure to pay the total bill may result in the suspension of the interest-free period on new credit card transactions. Also, all new credit card purchases would incur interest until the bill is fully settled.
A credit card balance transfer is the transfer of one credit card’s outstanding amount to another. This is a tactic used by many lenders (banks) to entice clients to switch to another credit card. The balance transfer is done primarily to take advantage of low-interest rates and avoid any existing debts on credit cards.
Yes, you can convert your credit card purchases into EMIs.