It allows you to borrow money against your Axis bank credit card. It is the sole discretion of the bank to offer loan within the credit limit or above. The approved amount will be disbursed by transferring through internet banking or NEFT transfer to non-Axis bank savings account.
What are the eligibility criteria:
- You need to be an Axis credit card holder
- You should have the minimum required amount in your saving account for borrowing loan
- You must have a good credit score
- The bank will decide if you can borrow more than your credit limit.