A credit card is a payment card issued by a financial institution, typically a bank, that allows cardholders to borrow funds to pay for goods and services. The cardholder can use the credit card to make purchases up to a predetermined credit limit, which is based on their creditworthiness and income.
When a credit card is used to make a purchase, the cardholder is essentially borrowing money from the issuer of the credit card. The cardholder is required to repay the amount borrowed, according to the terms and conditions of the credit card agreement.
Credit cards typically offer a number of benefits, including the ability to make purchases online or over the phone, access to cash advances, and the ability to earn rewards points or cashback on purchases.
| Requirements | Salaried Individuals | Self Employed |
|---|---|---|
| Age | 18 years to 66 years | 18 years to 60 years |
| CIBIL Score | Above 750 | Above 750 |
| Proof of Identity |
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Proof of Residence (Any One) |
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| Proof of Income |
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| Passport-size photographs |
| Requirements | Salaried Individuals | Self Employed |
|---|---|---|
| Proof of Identity |
|
|
|
Proof of Residence (Any One) |
|
|
| Age | 18 years to 66 years | 18 years to 60 years |
| Net Monthly Income | Rs. 8,000 | Rs. 15,000 |
| CIBIL Score | Above 750 | Above 750 |
|
Proof of Income (Any One) |
|
|
| Passport-size photographs |
HDFC Credit Card
Indusland Bank Credit Card
AU Bank Credit Card
IDFC First Bank Credit Card
Yes Bank Credit Card
Axis Bank Credit Card
SBI Simply Click Credit Card
SBI Simply Save Credit Card
SBI BPCL Credit Card
Bajaj Finserv RBL Bank Credit Card
Axis Bank LIC Signature Credit Card
Axis Bank LIC Platinum Credit Card
Bank of Baroda Credit Card
One Card
Cred App
Life Time Free Credit Card
Life Time Free Credit Card
