How to Apply for Gift Card Online
June 23, 2019
Over the past few years, gift cards have gained immense popularity in India. It has not only made gifting easy but also has made gifting a more rewarding experience for both the giver and the receiver. This article lists down the benefits, features and how to apply for gift card.
How to apply for gifts cards online?
One of the most common questions people have about gift cards is how to apply for one. Well, today, a lot of banks of provide these cards, you can apply for one from any bank of your choice. It is does not matter if you hold an account with that particular bank or not. However, if you are an account holder, the process becomes much easier and there is minimal documentation involved. Let us look the processes involved:
For account holders
If you are already an account holder of the bank where you are applying a gift card, you simple to fill out an online application form. There is no need for you to provide any proof documents as they are already present in the bank. Once you choose the card you want, you can transfer the funds for the same, you can either pay it through check, demand draft, or direct account transfer. The card will be delivered to you within 3-4 working days.
For Non-account holders
If you don’t have an account with the bank, you can either visit the nearest branch and fill out the requisite form you can visit the website of the bank and apply for the card online. Either way, you would have to submit a KYC (know your customer) form along with the identity and address proof documents. You can pay for the card through cheque or DD (demand draft). The card will be delivered to you within 3-4 days after the funds are cleared.
Benefits of using gift cards
The receiver has a wide array of choice
Unlike the age-old material gifting, which limited the receiver to be content with whatever they get, the gift cards give them a wide variety of choice. It can be used for online dining, shopping and other online transactions at any of the associated stores or website across India. For instance, if you gift someone a shopping card, they can use to shop anything they want from the associated merchant within the validity period of the card. Typically, most online gift cards come with a validity of one year.
This is another significant benefit of gift cards. You can load the card with any amount as per your budget ranging from Rs. 500 to Rs. 10,000 and beyond. This also gives the receiver the flexibility to use the amount to buy anything they want.
Great savings for the receiver
Who does not like to save money while shopping? This is exactly what the gift cards offer. The gift card holders can avail a wide range of amazing discounts and get access to exclusive offers on shopping, dining, and bookings at various listed websites.
Great for distant gifting
A lot of people today prefer to buy gift cards as it is the perfect gift option to send to the distant recipients. You can apply for a card through the net banking or phone banking and send it directly to the recipient through e-mail.
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