Your income plays an important role while applying for a credit card.
If you want to apply for a credit card, the process is simple, and you can follow the steps given below to get it.
The cardholder can get interest free credit period of up to 55 days, however, it is subject to change according the scheme, card and the lender. Similarly, interest free period is not applicable for withdrawing cash from ATM.
The cardholder will have to pay annual membership fee for primary and add-on cards as set by the bank. The charges may vary for different cards depending on the schemes.
Annual fees will not be refunded to the cardmember at the time of closure of the credit card. The cardholder can use the credit card to withdraw money from ATMs in India and abroad any time. For each transaction, a fee will be charged, and it will be added in the next monthly bill. ATM transactions do not get interest free period unlike other purchases.
Late payment charges are applicable if minimum amount due is not paid on or before the due date. Each bank charges differently for late payments.
The credit limit on the credit cards are determined by the bank at its sole discretion. The available credit limit is communicated to the cardholder at the time of card delivery. The customer who wants to increase the credit limit can write to the bank asking for increase in the credit limit. While requesting for the increase, the cardholder needs to submit the financial documents such as salary slip, bank statement, income tax returns etc.
However, the credit limit increase is determined at the sole discretion of the bank. You can register with the bank for net banking facility to make your credit card payments online. After the registration, you can submit a written standing instruction to automatically debit a pre-determined amount from your account. This can help you pay the bills on time and avoid paying interest on late payment.
You can pay your credit card bill from any other bank account by using the NEFT facility. The instructions may vary slightly in different banks, but, in most cases you need to add your credit card number as the payee account number to make the payment through NEFT. Any payments made during the working hours on a weekday are credited on the same day while the payments made after working hours are credited on the next business day. Fill out the required details which also includes the credit card number and payment amount.
The customers will receive an online transaction confirmation as well as a Transaction Reference Number after a successful transaction. You can pay your credit card bills by paying in cash at any one of the branches nearest to you. A processing fee per payment will be charged by the bank when you pay your credit card bill.
If you prefer to pay your credit card bills using cheques, then you can do so in the same way as you would pay your credit card bills by paying cash. You can also drop of the cheques mentioning your credit card number and other required details at the bank ATMs where there are drop boxes for this purpose. The payment will get cleared within 3 working days. You can call the credit card customer care toll-free numbers of the bank from your mobile and Landlines in India.
It is now easy to check whether you are eligible to get a credit card at CreditMantri. You can follow the below steps to check your credit card eligibility. You can sort the cards either by bank or categories such as entertainment, cashback, shopping, fuel, rewards, lifestyle and travel. You will now be directed to a page where you will have to fill up personal and contact details such as name, email id, mobile number, gender etc.
You will now be asked to submit your income details and after which you will be shown credit cards that you are eligible for. You can choose any of them from the list and apply for it. CreditMantri pre-screens your application and suggests the lender who suits your eligibility and is willing to lend to you. This increases the chances of approval rate and helps you get the right loan or credit card much easier.
Login and post your query under Need Help section All written queries will be responded within 1 working day. We'd love to help you through every step along the way. Central Bank Of India. Oriental Bank Of Commerce. Union Bank Of India. Credit Card Eligibility Every bank offers a wide range of credit products to its customers.
Credit Cards for Various Needs For everyone, the needs are plenty, and it could differ for each of us depending on the lifestyle. Shopping Card — Exclusive rewards, offers and discounts on online and offline shopping 2. Cashback Card — Helps in saving money on every purchase through cashback points 3.
Rewards Card — Accumulate reward points to get various gifts of your choice 4. Travel Card — Lounge access at airports and discounts on ticket and hotel bookings 5. Life Time Free Card — Free credit cards with no annual fees 6. Business Card — For efficiently managing your business with advance credit 7. Lifestyle Card — Discounts, offers and rewards on basic utilities 8. Entertainment Card — Offers and discounts on recreational activities From the above listed credit cards, you can choose the one that suits your priorities and spending behaviour.
Credit Card Eligibility Factors Individuals who want to apply for a credit card must meet the following eligibility criteria. Age Criteria To apply for a credit card, you must fall into the age limit set by the bank. Income Criteria You must have a regular income to avail a credit card. Documents Required to Apply for a Credit Card To apply for a credit card, you need to submit the following documents.
How to Apply for Credit Card? Enter your personal and contact details. After the verification, a representative from the bank will get in touch with and ask guide you through the process.
You may have to submit KYC documents and income proof to get a credit card. You can directly apply online for a credit card. Interest Free Credit Period on Credit Card The cardholder can get interest free credit period of up to 55 days, however, it is subject to change according the scheme, card and the lender.
How to Increase the Credit Card Limit? How to Pay the Credit Card Bill? The eligibility for credit card varies according to the lender and the purpose for which the card is availed. The basic clauses include-. Credit card eligibility depends on these factors —Purpose of card, city you are residing in, currently employed as salaried, self-employed professional or self employed business.
A credit card eligibility calculator helps you analyse the card that suits you best according to your lifestyle on the basis of the above mentioned factors. SBI offers wide range of credit cards with different usage criteria. And accordingly the eligibility criteria also vary. But for applying an individual should be. These family cards can be availed by any individual who stands through the eligibility criteria stated below-.
Along with attractive reward points, IDBI credit card offers air travel accident insurance cover, zero lost card liability and much more.
Basic Eligibility for Credit Card.
failvideo.ml» Eligibility Calculator» Credit Cards Eligibility Calculator Credit Card Eligibility Calculator A few years ago, the only way to know if you’d be accepted for a credit card was to apply, but that leaves a mark on your credit report that lenders could see, impacting your ability to . Our eligibility checker uses the information you have provided to run a ‘soft’ credit check to estimate the likelihood of you being accepted for a credit card. Unlike applying for a credit card, it doesn’t leave a mark on your credit file as an application for credit. Credit card companies take your residential status into consideration when deciding whether to offer you a card, so this information helps us work out an eligibility score out of ten, to show how likely you are to be accepted for each card.