A credit card opens up a world of financial convenience, allowing you to make purchases on credit and enjoy the benefits of cashless transactions. Today, applying for a credit card online is quick and simple. However, to streamline your application process further, it’s crucial to have the necessary documents prepared.
When you apply for a credit card, financial institutions typically require three to four essential documents or their scanned copies. These documents play a pivotal role in verifying your identity, income, and creditworthiness. By ensuring you have these documents ready, you can navigate the application process smoothly and efficiently.
So, what exactly are these essential documents? Let’s find out.
1) Identity proof
Identity proof is one of the essential documents needed for a credit card application. It can be your Aadhaar card, PAN, driving license, or voter’s ID. These documents contain essential information such as your name, photo, and date of birth, which the financial institution uses to authenticate your identity. It is essential to make sure that the details in your identity proof match those in your application form.
2) Address proof
To apply for a credit card, you will need to provide address proof details. This can be done using utility bills, Aadhaar card, passport, or a rental agreement. Such documents indicate your current residence address. Financial institutions require this information to make sure they have your accurate mailing and contact information.
3) Income proof
As part of the credit card application procedure, financial institutions evaluate your financial stability and your potential to repay credit card dues. To do this, they require documents that show your income, such as your current salary slips, bank statements, or income tax returns. Such documents provide a snapshot of your financial status and assist the financial institution in determining your credit limit too.
4) PAN
PAN is a crucial document required for a credit card application. It allows financial institutions to authenticate your financial transactions and evaluate your credibility. Financial institutions use the PAN to review your credit history, such as previous credit card payments and credit score, which are crucial parameters in determining your eligibility for a credit card.
How to avail the IndusInd Bank EazyDiner Credit Card?
The IndusInd Bank EazyDiner Platinum Credit Card is a card that comes with a host of benefits including instant discounts, fuel surcharge waivers, complimentary movie tickets, and rewards on dining, shopping and entertainment. The process to apply for this card is 100% digital and you can follow these steps to apply for it instantly:
- Visit the IndusInd Bank’s website and navigate to the EazyDiner Credit Card page. On the top right corner, you will find an ‘Apply Now’ option – click on it.
- Fill out the form with the necessary details such as your PAN details, email ID, mobile number, and current PIN code. Agree to the terms and conditions and proceed.
- You will get an OTP on your mobile phone, which you need to input to proceed to the next page.
- On the following page, fill out your other details, gender, nationality, employment type, date of birth and net monthly income. Tick on the option that authorises IndusInd Bank to access your credit report from a third party and proceed.
- On completing these steps, you will be led to a page displaying the best offers for you.
It is crucial to keep your PAN, Aadhaar, address, and income details handy during the credit card application process for faster processing.
To sum up
Applying for a credit card requires the careful compilation of important documents for authentication purposes. Whether it is your PAN for identity proof, Aadhaar card for address proof, or your income documents for credibility evaluation, each document plays an essential role in the credit card application procedure. So, before you apply for a credit card, make sure you have all the necessary documents ready for a hassle-free experience.