Introduction
In today’s time everyone needs money. For this one takes a credit card, either takes a loan. We can say that credit card is such a tool or medium through which we can easily borrow money. When we need money in difficult times or have to buy something. Today in this post I will tell how you can apply for Paytm credit card? Paytm offers two types of Paytm cards to its customers. One is partnership with SBI Bank, and another is with Citi Bank. In SBI you have two options. You can select them as per your wish.
What Is Paytm Card and Paytm First Credit Card?
Paytm Card is a Paytm Credit Card offered by Paytm in partnership with SBI Bank. Paytm First Credit Card is an exclusive credit card offered by Paytm in partnership with Citi Bank to its customers.
Features of Paytm SBI Card
1. Paytm SBI Card
| Annual Fees | ₹499 |
| Welcome Benefit | Complimentary Paytm First Membership worth ₹750 on first settled transaction |
| Spends based Cashback Benefit Structure | 3% Cashback on all Travel, Movies and Mall purchases through Paytm App 2% Cashback on all other purchases through Paytm App 1% Cashback everywhere else |
| Fuel | 1% Fuel Surcharge waiver |
| Fraud Insurance | Complimentary Cyber Fraud Insurance cover of ₹1,00,000 |
| Milestone Benefits | Complimentary Paytm First Membership E-Voucher on renewal on achieving Annual Retail spend of ₹1,00,000 |
2. Paytm SBI Card SELECT
| Annual Fees | ₹1,499 |
| Welcome Benefit Type | Complimentary Paytm First Membership worth ₹750 ₹750 Cashback |
| Annual Fee Waiver | Annual Fee reversal on achieving ₹200,000 Annual Retail spend |
| Spends based Cashback Benefit Structure | 5% Cashback on all Travel, Movies and Mall purchases through Paytm App 2% Cashback on all other purchases through Paytm App 1% Cashback everywhere else |
| Fuel | 1% Fuel Surcharge Waiver |
| Fraud Insurance | Complimentary Cyber Fraud Insurance cover of ₹200,000 |
| International Lounge Program | Complimentary Priority Pass worth US $99 for first two years of cardholder membership |
| Domestic lounge Program | Complimentary 4 Domestic Lounge visits (Restricted to 1 per quarter) |
| Milestone Benefits | ₹2,000 Gift Card on achieving Annual Retail spend of ₹4 Lakhs ₹4,000 Gift Card on achieving Annual Retail spend of ₹6 Lakhs |
How to apply for Paytm SBI Card?
Here is the complete process to apply for Paytm SBI Card
- Go to official website of the bank.
- Now, find credit card section and click to apply
- Just enter your personal details like your Occupation, Mobile number, Address and Monthly Income etc.
- Now, select credit card of your choice and check eligibility
- If you are eligible then move to further process with the application and enter required details like name, address, date of birth, PAN etc.
- Now you have to fill your office details like company name, address and telephone.
- Now verify your mobile number with OTP and you have done.
- Finally submit the application.
After submitting your application, you will receive a call from the bank for physical document verification. Now a field agent of the bank will come and verify all details and now you are good to receive your credit card.
How To Apply for Paytm Credit Card?
Applying for Paytm Credit Card is so simple process. You can apply by yourself, nothing much to do with that. Here are the simple steps to apply for Paytm Credit Card –
Open Paytm App
Just open the Paytm app and find out Loans and Credit Cards option. But wait, before you apply for Paytm Credit Card have you Paytm account or not? If not, then don’t worry click here and first create Paytm account.
Find Loans and Credit Card Section
Now, you have your Paytm account under Loans and Credit Cards section you will see option of Paytm Credit Card just click on it.
Enter required details
Now, enter the required details like Name, Current Home address, Occupation, Monthly Income, and Office Address.
Check Eligibility and Service
Check the eligibility and service in your location. whether the Paytm Credit Card is serviceable or not? If you, meet the requirements then move to further process.
Accept term & conditions
Now, accept their terms and conditions and just Submit the form.
Application under review
After submitting your application is on under review. They will notify you soon when they verified your details.
Conclusion
So, I think after reading this post you may find some valuable information which helps you to choose right credit card and also get to know that how you can apply for credit card.
Note – All the information is published here are taken from official website but, before you do anything else I must suggest you visit official website
Frequently Asked Questions
1. What is the Paytm Credit Card? The Paytm Credit Card is a financial product offered by Paytm in partnership with SBI Bank. It provides various benefits such as rewards, cashback, and discounts on purchases made through the card.
2. How can I apply for a Paytm Credit Card? To apply for a Paytm Credit Card, you need to visit the Paytm website or app, fill out the online application form, and provide the required documents. You may also need to meet certain eligibility criteria set by Paytm and SBI Bank.
3. What are the eligibility criteria for applying for a Paytm Credit Card? Eligibility criteria typically include being at least 21 years old, having a good credit score, and meeting the income requirements. Specific criteria may vary, so it’s important to check the latest requirements on the Paytm website.
4. What documents are required to apply for a Paytm Credit Card? Commonly required documents include proof of identity (such as Aadhaar or passport), proof of address (such as utility bills or rental agreements), proof of income (such as salary slips or bank statements), and a recent photograph.
5. How long does the application process take? The application process for a Paytm Credit Card generally takes a few business days to a couple of weeks. This includes time for document verification and credit assessment. You will be notified of your application status through email or SMS.
6. How can I check the status of my Paytm Credit Card application? You can check the status of your Paytm Credit Card application by logging into your Paytm account or contacting Paytm customer service. You may also receive updates via email or SMS regarding the progress of your application.
7. What should I do if my Paytm Credit Card application is rejected? If your application is rejected, review the reasons provided and ensure that all information and documents were accurate. You may improve your credit profile and reapply later or contact Paytm customer support for further assistance.
8. Are there any fees associated with the Paytm Credit Card? Yes, there may be annual fees, late payment fees, and other charges associated with the Paytm Credit Card. Review the terms and conditions provided during the application process for detailed information on all applicable fees.
9. What benefits does the Paytm Credit Card offer? The Paytm Credit Card offers various benefits, including cashback on purchases, reward points, discounts on Paytm transactions, and access to exclusive offers. The exact benefits may vary based on the type of card you choose.
10. How can I manage my Paytm Credit Card account? You can manage your Paytm Credit Card account through the Paytm app or website. This allows you to view statements, make payments, track rewards, and update your account information.
