Paisabazaar Pre-approved CC Offer

[rp0703]

I'm getting Paisabazaar Pre-approved LTF offer of Indusind bank CC without Income documents. Should i apply ?

 

[rp0703]

If you dont have any other new cc plan, dont worry about the score and go ahead.

Yeah, let's see what happens.

I also observed one thing that VKYC is also being done by Private company and not by Indusind Bank.

 

[TechnoFinoTechnoFino is verified member.]

i think preapproved is where banks have already enquired about your score and other factors and have decided to offer you cc. it leads to a soft enquiry because it is initiated by the bank and that does not affect scores.

but if you approach the bank yourself for getting a cc, then that may lead to a 'hard' enquiry because it is initiated by the customer.

@TechnoFino to clarify plz.

Bank will make a hard enquiry in this case. pre approved offer from 3rd party app is bit different.

 

[rp0703]

Bank will make a hard enquiry in this case. pre approved offer from 3rd party app is bit different.

if it's different then what are the chances of approval

 

[TechnoFinoTechnoFino is verified member.]

if it's different then what are the chances of approval

I would say... 50/50

 

[theglobalinvestor]

I got similar offer a few months back for Indus legend LTF. Applied and was rejected due to pin code not serviced. Go Figure!

 

[rp0703]

I would say... 50/50

Got message of Approval today. Any way to check approved limit?

 

[rp0703]

Great. Please kindly update us further happenings.

Card approved today. Don't know the limit yet. My guess would be around 30K to 50K.