ICICI Bank Ltd.

ICICI Bank has launched instant credit cards to facilitate its savings account customers to get a credit card instantly, in a completely digital and paperless manner. The Bank will be offering this service to a few lakh of pre-qualified customers who can apply for the card online and generate card details and start shopping online instantly.

The Bank has opened up the card with a credit limit of up to Rs four lakh based on pre-checked bureau scores. The application procedure also incorporates an additional level of authentication in order to make the offering secured.