Credit Cards in Meerut

Credit Cards in Meerut

An ancient city with settlements dating back to the Indus Valley civilization, Meerut is situated in the Indian state of Uttar Pradesh. Known as the "Sports City of India “and many sports goods manufacturers operate out of the city, the city is famous for being the starting point of the 1857 rebellion against British colonial rule. Traditionally known for its handlooms, Meerut is also famous for its publishing industry. It continues to be an important center of education, health, culture, commerce, finance, design, art, and tourism.

Meerut is home to leading banks, educational institutions and companies of repute. In case you are looking to apply for a credit card in Meerut, you have reached the right place! Read on!

Credit Cards in Meerut: An Introduction

Banks offer a wide range of credit cards, suited to people of all income groups, wants and needs. There are different types of credit cards—lifestyle credit cards, rewards credit cards, cashback credit cards, fuel credit cards, shopping credit cards, business credit cards etc. Based on your need, repayment capacity, and existing loan obligations, lenders can approve a credit card in Meerut for you.

There are many advantages of owning a credit card. It has the advantage of convenient payment options, gives you access to a world of discounts and rewards, and helps you build a positive credit history (provided you pay your dues consistently, every month) which will enable you to be eligible for loans later in life.

A credit card comes with an approved credit limit (based on your salary and credit rating) that allows you to make purchases and pay back later, along with interest charges as accrued. It comes in handy for making various transactions, as opposed to carrying money. As long as you pay back the money you borrowed within the grace period, which is ideally the interest-free period, you don’t have to pay extra in the form of hefty interest charges.

Key features of a Credit Card:

• Easy documentation and speedy approvals
• Quick Processing
• Easy repayment options
• Facility to apply online with most lenders
• Special offers for existing customers—like annual fee waiver, etc.

Benefits of a credit card

Build a credit history – Using a credit card to make your purchases allows you to build a positive credit history (provided you pay your dues consistently, every month) which will enable you to be eligible for larger loans (say, for example, a home loan) in the future.

Convenience – Credit Cards are very convenient in the sense that you don’t need to carry cash with you, especially in high level transactions. You just need to pull out your card, swipe it and the transaction is done.

Online Purchase – Credit Cards are a convenient method to buy things online. It is safe and secure.

Gives Rewards / Cash Back – Credit Cards give rewards for high usage such as airmiles, movie tickets, cashback and other merchandise. You generally get some points for the transactions done using a credit card. These points are accumulated and in the end, you can redeem these points for merchandise / vouchers of your choice.

Access cash in times of Emergency – In case of an emergency, where are in urgent need of cash, you can take cash on credit card in Meerut. However, keep in mind that the interest rate for cash advances are very high.

Transactions made easier globally – Credit Cards can be used in foreign countries without the need to convert your money into foreign currency. Though this is not devoid of some cost, it is more convenient.

Eligibility for Credit Card in Meerut

Different credit cards have different eligibility requirements. Compare different eligibility requirements before applying for credit.

You need to be a salaried or self-employed professional, and can demonstrate a stable income. You also need to fulfil certain age requirements.

You can easily check your eligibility online on the lender’s website. Most lenders have an eligibility calculator online. If you are found eligible, then you will be given a list of cards to choose from.

Documents Required for Credit Card in Meerut

Documentation is generally minimal. Following is an overview:

• 2 passport size photos and signature-bearing national identity cards
• Proof of address - Ration card, electricity bill etc. can be submitted
• PAN card, Form 16 and the Income Tax Returns Statement
• Proof of salary, employment / proof of business details
• Last 3 months salary statement.

How to find the Best Credit Card in Meerut?

Before selecting a credit card, it is advised that you do a credit card comparison and select the ones which fulfill all your requirements, this is one way of ensuring you get the best credit card offers in Meerut. Credit cards are specifically designed to suit the varying needs and budget of customers. The world of credit cards could be fascinating, but you also need to be careful about which card to apply for.

To find the best credit card services and best credit card deals, register now on CreditMantri.

Credit Card in Meerut – FAQS

Credit Card – Apply Online

You can check your eligibility and apply for a credit card by signing up with CreditMantri. It is quick, simple and above all, free.

CreditMantri matches your credit and demographic profile to the lender's lending criteria and presents you a shortlist of only those lenders willing to lend to you based on your unique credit profile. In effect, we pre-screen your application to make sure you are likely to qualify as per the lender’s credit criteria. Hence, the chances of your credit card application getting approved is higher.

Click here to sign up and apply for loans and credit cards , the CreditMantri way!