New Launch: Pre-Approved Personal Loans & Credit Cards

By Saroni Chakravarti | January 31, 2020

What if we tell you that you don’t need to run from pillar to post or spend a lifetime in queues to get a Credit Card or a Personal Loan? It’s possible if you’ve been pre-approved. Find out how. 

Pre-Approved PL

Thanks to websites like BankBazaar, it is now possible to get a Credit Card or a Personal Loan without running from pillar to post or drowning yourself in paperwork. You can apply for any credit product-be it a Credit Card, Personal Loan, Home Loan or a Car Loan on BankBazaar from the comfort of your home and without shelling out a dime. In fact, BankBazaar customises offers based on your eligibility and profile so that your chances of loan approval are higher. But do you know what’s even better? Skipping the nail-biting wait for loan approval and getting the loan credited to your account in minutes! How, you ask? It’s possible if you’ve been pre-approved for a loan or Credit Card.

Additional Reading: New Launch: ICICI Pre-Approved Personal Loan On BankBazaar

Here are two pre-approved Credit Card and Personal Loan offers that you should keep an eye out for:

ICICI Pre-Approved Credit Card: 

Eligibility Criteria:

To be eligible for this offer, you must be an ICICI Bank salary account holder. You also need to have a decent Credit Score and a good repayment record.


  • Since this card is applicable only for select/pre-approved customers, the bank will issue the card in just 3 minutes.
  • You don’t have to wait for the physical card to arrive. Instead, you can start using the virtual card immediately.
  • You also rack up PAYBACK points on all your transactions and can redeem them for cash or gifts of your choosing.
  • Minimum savings of 15% on dining bills via Culinary Treats Programme.


  • Complimentary airport lounge access, fuel surcharge waiver and more.
  • Free movie tickets or discounts on movie tickets booked via BookMyShow.
  • Up to 20,000 PAYBACK points every anniversary year.
  • Concierge services.

Annual Fee:

  • Varies from one card to another. Zero annual fee applicable on select cards.

Documents required:

As the bank usually provides these pre-approved offers to their existing customers, the process is hassle-free with little to no documentation.

Check your eligibility for this offer

Tata Capital Pre-Approved Personal Loan:

Tata Capital Personal Loans are one of the most popular loans in the market. Some of the most compelling features of Tata Capital Pre-Approved Personal Loans are:

  • Easy documentation-you will only need to submit your bank statements
  • Quicker and hassle-free disbursals
  • Loans are tailor-made to your unique needs
  • Loans are available at unbelievably low interest rates

Check your eligibility for this offer

Why Should You Apply For A Pre-Approved Offer?

Pre-approved offers come with a whole lot of benefits. Take a look at them here:

Fast processing and issuance/disbursal:

Banks perform credit checks on customers before rolling out their pre-approved offers to them. This means that they will be able to process your Credit Card or loan much faster and credit the loan to your account instantly.

Competitive interest rate:

Again, since banks provide pre-approved loan offers only to customers they have an existing relationship with, they’re likely to offer competitive interest rates on such offers.

Flexible repayments:

With a pre-approved Personal Loan, you enjoy flexibility both in terms of use and repayments. Repayment tenures go up to 60 months.

Additional Reading: All About Pre-Approved Personal Loans

Before you dive into pre-approved Credit Card or Personal Loan offers, one thing to bear in mind is that even though you’re likely to get a pre-approved loan at a competitive rate, it’s still better to shop around and compare with other loan offers in the market before settling in on it.

Want to check if you’re pre-approved for any loan or Credit Card? Hit the button below to start exploring!

All information including news articles and blogs published on this website are strictly for general information purpose only. BankBazaar does not provide any warranty about the authenticity and accuracy of such information. BankBazaar will not be held responsible for any loss and/or damage that arises or is incurred by use of such information. Rates and offers as may be applicable at the time of applying for a product may vary from that mentioned above. Please visit for the latest rates/offers.
Category: Budget & Savings Credit Cards Juggling debts Money Management UCN

About Saroni Chakravarti

Saroni loves all things quaint and old world- be it art, music or cinema. She has a special knack for spotting the weirdest traits in people and can't for the life of her understand why she attracts the worst co-passengers. Despite her cynical exterior, she still hopes for a world that will be free from discrimination and cruelty. When she's not spending her day commuting, she can be found watching funny videos, reading, and sending out needy vibes to strays around her.

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