Essential Guide to Applying for and Approving an African Union Bank Microfinance Credit Card

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Credit Card Information By Financo Keeda

Essential Guide to Applying for and Approving an African Union Bank Microfinance Credit Card

Au small finance Bank credit card Introduction


Essential-Guide-to-Applying-for-and-Approving-an-African-Union-Bank-Microfinance-Credit-Card


Welcome to the Essential Guide to Applying for and Approving an African Union Bank Microfinance Credit Card! 

In a world where financial inclusion is paramount, African Union Bank is leading the way by offering microfinance credit cards that empower individuals and small businesses across Africa.

If you dream of starting your own business, expanding an existing business, or just looking for financial stability, this guide will walk you through the application process. 

This valuable financial instrument has been signed and approved

The African Union Bank Microfinance Credit Card is specially designed for those who do not have access to traditional banking services or who find it difficult to meet credit requirements

It is a gateway to economic growth, offering many advantages and opportunities for those who wish to take charge of their financial future

On the following pages, we will dive into the step-by-step process of applying for an African Union Microfinance Bank credit card.

We'll define requirements, address potential issues, and give you the tools to create a compelling case for approval. 

From understanding the eligibility criteria to maximizing your chances of success, this guide is your complete companion

Whether you are a budding entrepreneur, a hard-working individual looking for financial stability, or an organization looking to empower its employees, the EU Africa Microfinance Bank Credit Card has great potential to change your life and open you up to a world of opportunity. 

With this resource, you will gain the knowledge and confidence to begin your credit card application journey with clarity and determination

Now, let's embark on this journey of change together, as we tackle the African Union Bank Microfinance Credit Card application and approval, opening the door to prosperity, financial prosperity and propelling Africa towards a better future.

Au small finance Bank credit card of benifit 

Benefits:

Au-small-finance-Bank-credit-card-of-benifit

Presenting AU Bank Credit Cards, A World Of Limitless Possibilities 100% digital application process Exciting Rewards and cashback benefits


✓ Complimentary Airport/Railway lounge
access (on some variants)

✓ Option of Lifetime Free Credit Card (on
some variants)

Additional benefits based on monthly
spends eg - annual fee waiver

Au small finance Bank credit card for apply eligibility 

1. Age group

Salaried - 21 - 60 years, 

Self Employed - 25 - 65 years

2. Yearly income above Rs. 3,00,000.

3. Available for residents of over 5000+ pincodes. Please check PIN Code

4. Existing customers of AU Small Finance bank are not eligible.

How to apply for au small finance Bank credit card

1. To apply credit card, first click on the link given below 


2. You will then be required to enter the details on the personalized lead generation page.

3. The customer must then complete the AU SFB Credit Card Journey for a successful payment.

4. You are required to activate the credit card by making your first transaction within 30 days.  

If the card is not activated or is canceled by you, a penalty will be levied.



Au small finance credit card terms and conditions

1. Your present residential and office address should be from eligible pin code.

2. Do's and Don'ts in VKYC- Keep the following things in mind while doing the VKYC process-

A. Background interference may lead to rejection, please sit in a completely quiet place while performing the procedure.

B. You must have PAN card, pen and blank paper with you.

C. Answers to security questions must be known such as pin code, mother's name, date of birth etc.  

Please remember all the details filled in the process.

3. You must have valid PAN, Aadhaar card and proof of address (if the delivery address is different from the address linked with Aadhaar).

4. Same name will not be approved.

5. Your mobile number should be linked with Aadhaar card

6. You should apply for a credit card through your shared link only

7. Depending on your eligibility and selected card type, they may need to upload additional documents such as - last three months bank account statement, income tax return statement and latest credit card statement.

8. Existing customers of AU Small Finance Bank are not eligible.

9. You must activate the credit card by making your first transaction within 30 days.  

If the card is not activated or is canceled by you, a penalty will be levied.

10. You should refer to your Gromo App only for any details related to your payment



Frequently Asked Questions

Q1. What is the age criteria for applying for AU Small Finance Bank Credit Card?

Ans - Only persons in the age group of 25-50 years are eligible for this card

Q2. What are Reward Points, how to use them?

Ans - Reward points are additional benefits you get when you make payments using your Credit Card.  

Apply for a Credit Card at AU Small Finance Bank and get up to 10X rewards on every payment you make.

Q3. What is the minimum/monthly income required to apply for AU Small Finance Bank Credit Card?

Ans - Net annual income minimum Rs. Should be 5,00,000.

Q5. Is it available all over India?

Ans - No, it is available only for people living and working in the list of 5000+ pincodes.  
Please check eligibility by entering your pin code.

06. What are the benefits of AU Small Finance Bank Credit Card?

Ans - It is a completely digital application process.  

You can choose from a range of credit cards with exciting cashback and rewards.  

Apart from this, you get the facility of airport lounge.

Q7. Is part payment of monthly bills allowed?

Ans - Yes, one can make a partial payment or pay the minimum amount due on the credit card bill to avoid late payment charges.

Q8. What are the documents required during the onboarding journey? 

Ans - Your PAN card, address proof, Aadhaar card and mobile number linked to Aadhaar card are required to complete the journey.  

Additionally, for higher limit and upper card variants, they may be required to provide their latest credit card statement, 3 months bank statement and income tax return statement.



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