Complete Guide on How to get a Loan on Credit Card?

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Complete Guide on How to get a Loan on Credit Card?

What is a loan against credit card?

The loan against credit card is like a personal loan which you can avail with a credit card for any personal need like for purchasing a mobile or any gadgets. The loan against credit card are pre-approved so the cardholder can avail it instantly and they don’t have to submit many documents. The loan amount you can apply for the loan depends on the credit card limit.

How to avail a loan from a credit card?

Every bank has its own application and net banking by which you can avail a loan from a credit card. So here are some common steps which will help you to avail a loan from a credit card.

  • Go to the net banking web site or install the application of the bank which credit card you have
  • Login by entering user id and password
  • Search for insta loan or instant loan option under the credit card/ card/ card service tab
  • Now you will see a form in which you will see the maximum limit that you can avail for the loan
  • Fill the form with all details and submit it
  • Now your process is completed you will receive the loan amount within 1 to 24 hour.

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