The total number of point of sale (POS) transactions through credit cards in India was recorded at around 166.9 million in April 2019. The number is likely to increase further over the upcoming few years. The massive increase in online transactions is considered to be the primary reasons behind this growth.
Also, the easy availability of credit cards from various card issuers has aided in the process. However, financial institutions conduct a thorough verification process before approving a credit card application. This process can require significant time, depending on the card issuer. However, you can track credit card status via several methods available.
Essential details to check credit card application status
You are required to keep the following information handy in order to check the status of your credit card application with ease.
- Mobile number
- Reference number
- Customer ID
- Email ID
You will require filling up the required details like your PAN, mobile number and email ID in your application form. When you apply, you will receive a customer ID and a reference number. Ensure that your contact details are up to date as you will require them to authenticate your actions while checking the status of your credit card application.
Methods to check credit card status
You can check your credit card application status by following the methods mentioned below.
- Visit the website of a card issuer
The easiest method to track a credit card application status is to visit the online portal of a card issuer.
Here are a few required steps that you must follow to check the status –
- Step 1 – Visit the online portal of the card issuer from which you have applied for a credit card.
- Step 2 – Visit the “Credit Card “tab and select the “Check Credit Card Application Status” option.
- Step 3 – You will be forwarded to another page where you are required to enter details like your mobile number or reference number and click on the “Submit” option.
After completion of these steps, a new page will open, comprising the details of your credit card status.
- Visit a branch of your card issuer
You can visit a branch of your card issuer to enquire about the status of your application. You will be redirected to a specific section where you are required to produce your credentials to check the status. Usually, card issuers ask for an application reference number and your mobile number.
- Call customer care
You can call on the customer support number of your card issuer to know about the status of your credit card application. A customer support executive will ask for a few necessary details like your reference number and your registered mobile number to inform you about your credit card status. This will help you to track your credit card application with ease.
- Send a text to a designated number
Some card issuers allow applicants to check the status of a credit card application by just sending an SMS to a designated number. You will be informed regarding the status of your application via text.
Some card issuers have also introduced mobile platforms to aid individuals in the process to check credit card status. The RBL MyCard app is once such an application that enables a cardholder to track the application for their Bajaj Finserv RBL Bank SuperCard conveniently.
Bajaj Finserv also offers various benefits like interest-free ATM cash withdrawal for up to 45 days on their cards.
They also provide pre-approved offers on Bajaj Finserv credit cards to make the procedure to avail them straight-forward and less time-consuming. These offers are valid on a plethora of financial products and services including personal loans, home loans, and business loans, etc. To check your pre-approved offer, provide only a few essential details online.
Results of credit card application check
You may encounter the following results when you check the status of your credit card application.
- In process – It means that your application is under review.
- Dispatched – It denotes that your application is approved and your card is dispatched to you.
- Disapproved – It means that your application is denied.
- On-hold – It reflects that the review process is kept on hold owing to some issues present in the application.
- No records found – It denotes that there are no records regarding your card application in the database.
Follow the methods mentioned above to check your credit card application status with ease. Also, ensure that your contact details are updated before applying for a credit card as you will require them as credentials.