Loan Against Card

Loan Against Card is not a standalone company but a financial service product. It allows individuals who own a credit card to obtain a loan using their card's available credit limit as a basis for eligibility, without blocking the limit itself. Unlike a cash withdrawal from a credit card, these are structured as pre-approved personal loans with a fixed tenure and interest rate, which is typically lower than the rate for cash advances. This service is primarily offered by major banks and non-banking financial companies (NBFCs) as a way to provide quick, collateral-free credit to their trusted customers.