How to Apply for a Credit Card in India? Using responsibly, a credit card can make it easier to manage your monthly cash flow and track your expenses.
Thanks to credit card grace periods, credit card usage can be completely free if you pay all your charges each month. And as a bonus, some credit cards pay cashback or other rewards.
If you are an adult with a stable job and have a track record of timely payments for student loans or car loans, then you should have no problem getting a credit card.
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Here are some points for How to Apply for a Credit Card in India.
How to Apply for a Credit Card in India
You can apply for a credit card both online and offline. Due to the COVID-19 pandemic, the credit card application process has been digitized, making it simpler and faster.
1: Compare credit card offers
2: Select from the top cards offered by leading Indian banks
3: Check your eligibility by entering a few personal details
4: Enjoy instant approval online after filling out your application form
Alternatively, you can apply online on the bank’s website by following these steps:
1: Visit the bank’s website.
2: Explore the cards offered by the bank.
3: Use the comparison tool if available to compare their features and benefits
4: Select the card that is the right one for you and hit the ‘Apply’ button.
5: Fill in the required details and upload all necessary documents.
6: Submit your form.
READ ALSO : How to Build Credit With Credit Cards
Credit Card Eligibility
| Eligibility Criteria | Requirement |
|---|---|
| Nationality | Indian |
| Age | 18 years |
| Employment status | Salaried or Self-employed |
| Income | Depends on one bank to the other |
| Credit Score | Good credit score (700 and above) |
Documents Required to Apply for a Credit Card
| Requirements | Salaried Individuals | Self Employed |
|---|---|---|
| ID Proof | Passport, PAN card, Aadhar card, Voter’s ID | Passport, PAN card, Aadhar card, Voter’s ID |
| Residential Proof | Aadhar Card, Electricity Bill, Telephone bill | Aadhar Card, Electricity Bill, Telephone bill |
| Income Proof | Salary Certificate, Recent Salary slip/s, Employment Letter | Certified Financials, Recent ITR Statement, Passport |
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Different Types of Credit Cards in India
- Shopping Credit Cards
- LifeStyle Credit Cards
- Fuel Credit Cards
- Rewards Credit Cards
- Cashback Credit Cards
- Travel Credit Cards
Top Credit Cards in India
| Credit Card | Category |
|---|---|
| HDFC Diners ClubMiles Card | Lounge Access |
| IndianOil Citi Platinum Card | Fuel |
| Axis Bank Neo Credit Card | Shopping and Movies |
| HSBC Platinum Credit Card | Travel and Dining |
| Citi Rewards Card | Rewards |
| Citi Cashback Card | Cash Back |
| Kotak PVR Gold Credit Card | Movies |
| HDFC Freedom Card | Reward Points |
| IndusInd Platinum Card | Fee Waiver |
| IndusInd Platinum Aura Edge Card | Lifestyle |
Frequently Asked Questions
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