I run a small business and was told Axis My Business Credit Card could help with expense tracking and managing supplier payments. Can individuals apply directly, or does it need to go through the company? What’s the actual application process like?
Axis My Business Credit Card Eligibility Criteria:
I applied at one time which was about a month ago and I made sure that I had the eligibility requirements before I had my application form submitted. What matters on the basis of my personal experience and discussions with other people is as follows:
- Should be a resident of India and pass the age between 18-70 Years
- The business entity must be in operation (sole proprietor, partnership or company and with relevant business income)
- Has an income of at least 3-4 lakh INR a year
- My credit score was 735, and there was no problem with the approval of the application
- No requirement of Axis Bank account but in case you already have one, then it can help in faster processing
How I Applied for the Axis My Business Credit Card Online:
no third-party websites to fill out an application- only the Axis Bank website.
The whole system was online and buys less than 10mins:
- Entered and searched the URL of Axis My Business Credit Card and submitted the apply form
- plugged in personal information such as PAN, mobile number, income, email
- e-KYC completed in seconds
- Submitted 2 salary slips of 2 months and last 3 months bank statement
- then I added a digital passport-size photograph
- There are no visits to branches or paperwork necessary
Documents Required for Axis My Business Credit Card:
when applying online, they requested the following:
- PAN Card
- Aadhaar Card (id and address proof)
- The two recent payslips
- Last 3 months Bank statement
- A digital upload of one passport size photograph.
Approval Process and Card Delivery:
My documents were verified the following day after submission of documents The time of approval was approximately 2 working days. The tangible card arrived at my address in 6-days. It is possible to check your status on the South Indian Bank site using the mobile number or application ID.