Can I get HDFC credit card with 15000 salary?
Salary is a crucial deciding factor for credit cards. Someone earning say Rs 50,000 per month is eligible for a different type of card than a person earning Rs 25,000 per month. On an average, income requirement is between Rs 1,44,000 and Rs 25,00,000 per annum for both salaried persons and self-employed.
Yes, individuals with a salary of Rs. 15,000 per month can be offered credit cards. Individuals with a high income are offered credit cards easily but, on the other hand, individuals with low incomes might be rejected by credit card issuers.09-Sept-2022
What is the basic eligibility to apply for credit card?
minimum 18 years of age
Yes. You can get a credit card without a salary slip. What is an HDFC credit card limit? HDFC credit card limit varies based on the income and credit score of a cardholder.
Can I get credit card without income?
Yes, you can have a credit card without a job or salary slip, but in such a case you either need to show other sources of income or a good bank balance. You can also get a secured credit card against fixed deposits or mutual funds.01-Feb-2022
If you are unemployed but have a steady flow of income which you receive in your bank account from other sources like dividends from mutual funds, professional fees and so on, lenders may be willing to issue a standard credit card after verifying the necessary documents.19-Sept-2019
Can I get HDFC credit card with 10000 salary?
What is the minimum salary for HDFC credit card? The minimum monthly salary to avail an HDFC credit card is Rs. 10,000.08-Sept-2022
Technically there's no minimum income requirement to get a credit card. A student's disposable income could be as low as $100 and they would still have the potential to be approved for a credit card. Higher incomes generally give applicants a better chance of getting approved for a card and a higher credit limit.21-Sept-2022
What is minimum limit of credit card?
The meaning of minimum credit limit is the least amount of credit that the bank will offer you on application. The maximum limit is the most that the lender will offer you to borrow.
Can I get a credit card with a 10000 salary? You can get a credit card with a salary of Rs. 10,000, but you won't have a wide variety of options when it comes to picking the credit card you want. You might not even be able to get a credit card from a specific lender that you prefer.25-Feb-2020
Can I get credit card for 18000 salary?
Banks do provide credit cards for low salaried (Rs 8,000- Rs 15,000) depending on the annual income. Eligibility on the card will be 3 times of the monthly salary.28-Feb-2020
List of Credit Cards for Income Below Rs. 25,000
Can I get credit card for 12000 salary?
No minimum salary is required. However, the minimum fixed deposit should be Rs. 1 lakh. 16.
Yes, if your salary is getting transferred in your bank account via IMPS/NEFT/RTGS (not by cash, cheque or DD), you can get approved for MoneyTap Credit Card 2.0. However, you need to meet the eligibility criteria for MoneyTap Credit Card 2.0: Minimum salary: In-hand salary of ₹ 20,000/month.
What is CIBIL credit score?
CIBIL Score is a three-digit numeric summary of your credit history. The score is derived using the credit history found in the CIBIL Report (also known as CIR i.e Credit Information Report). A CIR is an individual's credit payment history across loan types and credit institutions over a period of time.
Even banks can file a legal case for submitting such fake documents. A case under Sections 420, 465, 465, 467 and 471 of the IPC will be applied. Police case: If not legal case, either the employer or bank may file a FIR against such applicants.18-Oct-2017
What is income proof?
Proof of income is a document or set of documents that someone, like a lender or landlord, requests to verify your income and determine your ability to pay. Some may ask for some form of a proof of income letter. This letter summarizes and verifies your income and employment.29-Jul-2022
Proof of income documents may include, but aren't limited to:
Is job mandatory for credit card?
If you do not have a job, but have substantial inflow of money into your account, you are as much eligible to apply for a credit card. You will need to submit the proof of income to the bank with your credit card request. The income could be from royalty, business profits, child support or alimony.14-May-2016
Apply for a secured Credit Card If the other two methods of availing of a credit card without income don't suit you, you can apply for a secured variant. Issuers offer a secured credit card against collateral such as a fixed deposit or a mutual fund. In some cases, they also require you to make a security deposit.
What do I put for annual income?
Annual income is the amount of income you earn in one fiscal year. Your annual income includes everything from your yearly salary to bonuses, commissions, overtime, and tips earned. You may hear it referred to in two different ways: gross annual income and net annual income.12-Aug-2022
Can I get HDFC credit card with 15000 salary?