Allahabad Bank Loan on Credit Card – Different Cards and Benefits
Allahabad Bank offers a wide range of credit cards for its customers. Given below are the different cards offered and their benefits:
Allahabad Bank General credit Card:
- This Credit card is specially created for entrepreneurs and caters to the needs of people from the non-farming segment.
- A maximum of Rs. 25,000 loan amount is provided to the cardholder.
- It doesn’t require any collateral at the time of issuance.
- A term loan of 60 days is provided.
Allahabad Bank Weavers Credit Card
- This card majorly benefits the weavers and the ancillary workers to improve the credit flow in the domain.
- The Credit limit which is provided by the bank is a maximum of Rs. 2 Lakh.
- The Credit Card is valid for 3 years from the date of issuance.
- The collateral security coverage is available under CGTMSE.
Allahabad Bank Artisan Credit Card
- This card is created to benefit the artisans to increase their credit flow.
- The loan amount of a maximum of Rs. 2 lakh is provided by the bank.
- Collateral Security requirement varies and depends on the profile of the borrower.
- The validity of the Credit Card is 3 years.
Allahabad Bank Laghu Udhyami Credit Card
- This card is beneficial for the customers looking for term loans as well as working capital loans.
- Collateral security requirement varies on the basis of Borrower’s profile.
- Varying Credit Limits as per the requirement and the occupation of the borrower.
- The card is valid for 3 years. Although, Term loans under this card come with 5 to 7 years of repayment tenure, and in case of the working capital loan will be based on demand and subject to review annually.
Eligibility for Allahabad Bank Loan on Credit Card
Allahabad Bank has set certain criteria for credit card loan approval. Given below are the important points to remember while applying for Allahabad Bank Loan on Credit Card:
- Age: The age of the applicant should lie between 18 years to 60 years.
- Employment: The applicant should either be a self-employed or a salaried employee.
- Citizenship: The applicant must possess Indian citizenship for loan approval.
- Credit Score: The applicant must possess a clear credit history for loan approval.
- Transaction History: The transaction of the applicant must satisfy.
How to apply for Allahabad Bank Loan on Credit Card:
With Dialabank, your whole process of loan approval becomes simple and easy. All you have to do is follow the following steps for online loan approval:
- First of all, visit Dialabank site.
- From the page, go to the application section.
- Select your credit card i.e. Allahabad Bank Credit Card.
- Now complete the application by providing appropriate information.
- Compare the eligibility and in case you are fit to apply submit the information.
Repayment of Allahabad Bank Loan on Credit Card:
Allahabad Bank Loan on Credit Card offers you a variety of Repayment options for the repayment of your outstanding amount:
Allahabad Bank Net Banking:
- In order to use the net banking service, the users must register themselves for the given service.
- It simply Links your credit card to the net banking facility.
Allahabad Bank Online Banking Application: Autopay
- The users simply need to download the application for paying their dues online without any dues.
- Select the “Credit Card Payment” option from the list and hence you get access to the online service.
- you can simply pay your Allahabad bank Credit Card Outstanding Amount from a different bank’s accounts.
- For the purpose, the instructions are mentioned on the bank site and you can simply pay off the loan.
Allahabad Bank Website
- The easiest way to pay off the loan from the official website of the bank.
- Open Bill des web and fill in the required information.
Cash or Cheque Option:
- You can simply drop off the cheque at the Bank’s ATM dropbox.
- You can also pay the cash by visiting the Bank’s Branch in your city.
Should you opt for Allahabad Loan on Credit Card
- This Loan comes with easy repayment options.
- Requires zero documentation and no collateral.
- It comes with affordable interest rates.
- Hassle-free procedure for loan approval.