KARACHI: Bank Alfalah has announced the launch of Instant Credit Card (ICC) which offers a completely automated digital experience and allows both liability and existing credit card customers to apply for a credit card, complete the screening and credit bureau checks, and receive approval in less than five minutes. Once approved, customers can activate their credit card and start using it immediately.
The ICC is an end-to-end digital experience that eliminates the need for visiting bank branches or physical documentation. Customers can start the process by entering their details and selecting the card type and limit of their choice.
The screening team and credit bureau checks are completed automatically, and customers receive approval within minutes. The ICC is available to all Bank Alfalah customers, making it easier than ever to apply for a credit card.
Muhammad Yahya Khan, the head of Digital Banking Group at Bank Alfalah, has said that the new service is a testament to the organisation’s commitment to providing faster and more convenient banking experiences to the customers, while creating a digitally inclusive world.
“This is an easy and hassle-free process for our customers to apply for a credit card, and we are confident that it will be a game-changer in the banking industry,” he added.
Upon approval, the customers can activate their credit card through Alfa App and start spending immediately. The physical credit card will be delivered to their doorstep without the need for a visit to a branch.
Copyright Business Recorder, 2023
Comments
Comments are closed for this article.