SBI Cards has launched a new service on its website. Click2Card as the service is called, provides the prospective users to view, choose and apply for a credit card online. The company is hoping to add nearly 3000 customers through this route in the next 4 months.
SBI Cards and Payment Services Pvt. Ltd, is a joint venture between State Bank of India and GE Capital is the second largest credit cards issuer in the country after HDFC Bank.
Click2Card would allow the customer to apply for the card of his/her choice and securely to enter his details. The website upon receiving the request, the system approves or rejects the customer depending on his/her credit history with the bank and the credit bureau. If the request is approved, the customer receives a soft/electronic approval and is informed of the assigned credit limit.
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