Kotak Mahindra Bank is Issuing Instant Credit Cards in India with the 811 Account. The procedure is as under,
1. Customer is asked whether she wants to view her credit score for free.
2. 85% of the Consumer Opt-In
3. Business Rule Engine decides credit worthiness basis customers bureau data
4. Eligible customers are shown upto 3 credit card offers, in the savings account journey
5. Credit card is dispatched to the customer once biometric KYC is completed