HDFC Credit Card for Defence Personnel

1. HDFC Credit Card for Defence Personnel HDFC Credit Card for Defence Personnel The HDFC Bank comes with never-seen-before features and eligibility criteria specially for over Indian armed forces personnel. “With this, we have an equally good product for armed forces brethren as we have for farmers. By using HDFC credit cards, customers can offer HDFC bank money instead of their own to pay for a product or services today, and over a specific period, the customer repays the bank. Using HDFC bank money is often preferable to using your own because it lets you keep your own money available for other purposes, but you should repay within a specific period as decided by the issuing bank. The customers have to pay interest on money used only if he doesn’t repay within a predetermined period. Who can apply for HDFC Bank Credit Card? Recently Hdfc Bank launched a dedicated HDFC credit card for defence personnel which will cater to different needs of soldiers. In a press statement, HDFC Bank has said, “All branches of the armed forces including those who serve in Army, Navy and Air Force, as well as Para Military Forces.” Physically, a credit card is a rectangular piece of plastic, graphite, or a metallic alloy, that identifies a financial account. It contains a magnetic strip on the back, and some contain an RFID chip. An account number and the owner's name or business name may be imprinted on the front. A HDFC credit card for defence personnel is one such example that is designed keeping a credit card for defence personnel in mind that includes serving officers of the Indian Army, Air Force, Navy and Paramilitary. www.loan4fauji.com

2. How does a HDFC credit card work? When you choose to pay with a HDFC credit card and you hand the card to a cashier or submit your card number over a secure internet connection, the merchant you are dealing with validates your account and whether the bank will allow the purchase to go through. If everything looks good, your purchase is added to your credit account. Many companies are involved with each swipe of a HDFC credit card and money exchanges hands between all these companies each time a card is used. Merchants pay fees to accept credit cards and eventually the card issuing banks receive part of this as revenue. Once a month, the bank accumulates your credit card purchases and sends you a bill. The best option and only option I recommend for dealing with that bill is to pay in full by the date. If not, you have to pay a minimum amount determined by the bank to avoid extra fees. Interest-free credit: A credit card for defence personnel comes with a grace period between purchase and payment during which the bank does not charge any interest. This is a perfect example of buying now and paying later. Rewards: Every time you pay using an HDFC Bank Credit Card, you earn Rewards. Now you can easily book that luxury villa for the upcoming family vacation or buy the next Gen laptop for your work on easy credit card EMIs. Unlock the potential in your life and business with the power of credit cards. Recently HDFC Bank launched a dedicated HDFC credit card for defence personnel which will cater to different needs of soldiers. Looking for the best HDFC credit card for defence personnel, army person or Ex-servicemen in India to suit your needs during the pandemic? You’re at the right place. A defence credit card is one such example that is designed keeping a credit card for defence personnel in mind that includes serving officers of the Indian Army, Air Force, Navy and Paramilitary. Visit our website: https://www.loan4fauji.com/credit-card www.loan4fauji.com