The digitization of banking services has transformed how we manage our finances. In this context, the ability to transfer funds from a credit card to a bank account is a significant development. This article will discuss how to transfer funds from credit card to bank account and explore the benefits of co-branded credit cards offered by Bajaj Finserv.
Transferring Funds from Credit Card to Bank Account
Traditionally, how to transfer funds from credit card to bank account has been perceived as complex or costly. However, it’s now easily done using United Payment Interface (UPI), an instant real-time payment system developed by National Payments Corporation of India facilitating inter-bank transactions.
Here’s how you can use UPI Payment through credit card to transfer funds seamlessly:
1. Download any UPI-supporting app.
2. Register with your mobile number linked to both your bank account and credit card.
3. Connect your credit card by entering its details.
4. Set your UPI Personal Identification Number (PIN).
5. Now, you can easily transfer funds directly from your credit card to your bank account.
Benefits of Using the Bajaj Finserv Co-Branded Credit Cards
Bajaj Finserv collaborates with RBL Bank and DBS Bank to offer co-branded credit cards. These include the Bajaj Finserv RBL Bank Credit Card and the Bajaj Finserv DBS Bank Credit Card, each of which offers unique advantages to users.
Bajaj Finserv RBL Bank Credit Card offers privileges like massive reward points on all spends, fuel surcharge waivers, free airport lounge access, and discounts in partnered restaurants. The Bajaj Finserv DBS Bank Credit Card provides purchase protection, dining offers, an extended warranty, and a year-end summary for easy expense tracking.
Applying for Bajaj Finserv Co-branded Credit Cards
Applying for these credit cards is a straightforward process carried out online or offline. The eligibility criteria are relaxed, focusing on the individual’s creditworthiness and steady income source.
Online Process:
1. Visit the official Bajaj Finserv website.
2. Navigate to the ‘Credit Card’ section.
3. Choose either ‘Bajaj Finserv RBL Bank Credit Card’ or ‘Bajaj Finserv DBS Bank Credit Card’.
4. Fill in the necessary details in the application form.
5. Submit the document for verification.
Offline Process:
1. Visit any Bajaj Finserv branch.
2. Fill the credit card application form and submit the necessary documents.
3. A representative will guide you through the application process.
Additional Information:- Download the Bajaj Finserv App to manage your finances conveniently. The app allows you to access loans, view account details, pay EMIs, and explore financial products. With a user-friendly interface and secure transactions, it’s a one-stop solution for all your financial needs on the go.
In conclusion
Transferring funds from your credit card to your bank account has never been as easy. With the UPI payment through credit card, you can transfer funds in real-time without any hassles.
Bajaj Finserv co-branded credit cards offer numerous benefits to the users, enhancing their overall financial experience. With various additional benefits like reward points, fuel surcharge waiver, and dining offers, these cards stand out in the market.
The process to apply for these cards has been simplified considering customer convenience. This initiative by Bajaj Finserv invites an even wider customer base, paving the way for a more inclusive, robust, and competitive financial environment.
So whether you want to transfer money from your credit card to your bank account or apply for a co-branded credit card, the process is made easy, secure, and advantageous by Bajaj Finserv.
