This API product journey is for those customers who are new to bank customers and want to apply for a Credit card. Once the customer commences the journey, he/she will be taken through the following steps-
1.The new to bank customer will be cross referenced on the partner platform with the existing customers on record who have applied or hold a credit card in the last 6 months basis their mobile number and PAN, with the Execute Dedupe API.
2.The type of credit card that the customers wants to apply for is deduced with the help of Product Eligibility API. Eligibility is checked for the customer based on their income, age, gender, occupation type etc.
3.Next, with the help of Execute Interface API the new-to-bank customer fills the application for Credit card, and an application reference number is generated, which needs to be used in subsequent API calls. The customer’s demographic is captured in this API.
4.An in-principle approval is required of the customer once they fill the application, which can be done with the In-Principle Approval API.
5.Once approval is granted, the Final DAP Interface API processes the application and takes it to the final stage.
6.Next, an Image Upload API is called where the customer lands on the page and he/she must upload their image before submitting the application.
7.Post successfully submitting the application, the customer can keep a track of their Credit card’s delivery status with the Application Status Inquiry API.