To obtain a credit card, it is essential to comply with the eligibility standards established by the credit card issuer. The specific criteria for approval vary depending on the card you choose. However, if you do not meet the requirements, your application might be declined, and this could impact your credit rating. Therefore, it is advisable to review the eligibility guidelines carefully before applying for a credit card.
Credit card eligibility requirements
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Nationality
Indian
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Age
21 to 70 years
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Employment
At bank’s discretion
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Credit score
At bank’s discretion
What are the eligibility criteria for getting a credit card?
Bajaj Finance has easy-to-meet eligibility criteria to apply for a credit card. These include:
- Age should be within 21 to 70 years
- Nationality should be Indian
- Applicant must fulfil the income and credit score criteria set by bank
Factors affecting credit card eligibility
Credit cards have become an essential tool in managing one's finances. Like any other financial product, credit cards come with eligibility criteria that need to be met to be approved. Here are some factors that affect credit card eligibility:
Credit history: Credit history is one of the primary factors that determine your eligibility for a credit card. Lenders check your credit report to assess your credit worthiness and credit behaviour. A good credit history increases your chances of getting approved.
Income: Lenders also check the income of an applicant to ensure repayment capacity. A higher income bracket increases the chances of approval.
Age: The minimum age requirement to apply for a credit card is 18 years. However, some banks have a higher age requirement for premium credit cards.
Employment status: Lenders consider the employment status of the applicant to assess the stability of the income source. A salaried individual is more likely to be approved than a self-employed person.
Debt-to-income ratio: Lenders check the debt-to-income ratio to ensure that the applicant can manage repayments alongside other debts and expenses.
What documents are needed to apply for a credit card?
- A filled application form.
- The applicant’s passport-size photograph.
- Identity proof such as passport, driving licence, or Aadhaar card.
- Address proof such as utility bill, rental agreement, or bank statement.
- Income proof such as payslips, or IT return filings, or business registration documents.
**You are required to keep the copy of these documents handy, during the application process.
How to check your credit card eligibility at Bajaj Finserv
You can check the eligibility criteria for Bajaj Finserv co-branded credit cards online. You simply need to visit the Bajaj Finserv website and view the options for co-branded credit cards.
- Click here and enter your mobile number.
- Enter the OTP received.
- Choose a credit card from the list of options available.
You can see the eligibility criteria for applying there as you may have to furnish certain documents during the process.
Availing a Bajaj Finserv RBL Bank Credit Card is easy as the eligibility criteria are not difficult to meet and the documentation requirement is minimal. As a Bajaj Finance customer, you can quickly get a SuperCard by displaying a regular income source and a solid financial track record. To prove your eligibility, simple KYC documents will be required.
Once approved, you can enjoy exclusive feature like interest free cash withdrawal*, emergency personal loan on your cash limit for up to 90 days*, and easy EMI conversion option, alongside a suite of benefits like reward points, discounts, milestone bonuses and welcome gifts.
Flat fee: 2.5% of the cash amount (minimum Rs. 500) + GST
*This loan is provided by RBL Bank at their discretion and is subject to its policies.
Bajaj Finserv app for all your financial needs and goals
Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals.
You can use the Bajaj Finserv App to:
- Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more.
- Explore and apply for co-branded credit cards online.
- Invest in fixed deposits and mutual funds on the app.
- Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.
- Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.
- Apply for Insta EMI Card and get a pre-approved limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on No Cost EMIs.
- Shop from over 100+ brand partners that offer a diverse range of products and services.
- Use specialised tools like EMI calculators, SIP Calculators
- Check your credit score, download loan statements and even get quick customer support—all on the app.
Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app.
Frequently asked questions
A credit card is a payment instrument that gives customers a pre-set credit limit. Using this credit limit, the customer can pay for purchases without having to pay in cash or issuing a cheque. The card’s limit is decided by the financial institution depending on the customer's credit score and monthly income.
The minimum age to get a credit card in India is 18 years. However, Bajaj Finserv maintains 21 years as the minimum age, keeping the repayment capacity of the applicants in mind.
An important consideration when choosing a credit card is salary. A person making, let's say, Rs 50,000 a month qualifies for a different kind of card than someone making Rs 25,000 a month.
There are certain lenders who offer credit cards to people with modest incomes, but these applicants have low credit limits and their spending is also restricted to not more than three times their monthly earnings.
Common eligibility criteria for applying for a credit card include being at least 18 years old (though, some cards may require a minimum age of 21), having a stable income, a valid ID, and a good credit score. Lenders may also require proof of residence and employment history to assess financial stability and repayment capacity.
Yes, you can apply for a credit card with no credit history or a low income, but options may be limited. Secured credit cards, student credit cards, or cards with lower credit limits are typically available. These options help build credit history while managing financial risk for lenders.
Most banks and financial institutions don’t issue a credit card on the same day as applied. While some offer instant approval or virtual cards for online transactions, the physical card typically takes a few days to arrive, depending on the bank's processing time.
No, you don't need to be a customer of the bank to apply for their credit card. Many banks allow non-customers to apply, though existing customers might enjoy faster processing and additional benefits.
