Eligibility criteria
Depending at the issuer’s policy and the type of credit card you desire to use for, the eligibility criteria for a credit card may additionally barely fluctuate. But, the primary credit card eligibility requirements can be summed up as follows:
Age: the minimum age for making use of is eighteen years.
Residence: you should either be a resident of india or a non-resident indian (nri).
Income: the minimum annual earnings is ₹1.8 lakh.
Credit score : a credit score of seven-hundred or above is taken into consideration perfect. Inside the absence of a very good credit score, you may follow for a credit card against a fixed deposit.
Documents required
The following documents are vital while starting up the application technique for a credit card:
Identification documents: passport, pan card, voter’s identity, aadhaar card, driving licence, arms licence, ration card, freedom fighter’s identity card, or legally accepted photograph identification duly signed through a gazetted officer.
Address proof: passport, voter’s id, aadhaar card, driving licence, ration card, property files, lease/rent settlement, utility payments of the final three months.
Income proof: form 16, profits tax returns, income slips of the last 3 months, financial institution statements of the preceding six months.
