HDFC Credit Card Documents Required

Post-approval, documentation is the next vital requirement for  HDFC Credit Card.  HDFC Credit Card documents required include Age Proof, Income Proof, Address Proof, and Proof of Identity.  The documents supporting the various proofs are as mentioned below.

• Age Proof:

Aadhar Card, Voter’s Id Card, Pan Card, Valid Driving Licence. Valid  Passport, SSC Marks card.

• Address Proof:

Utility bills, Voter’s ID Card. Valid Driving Licence, Valid Passport, Bank Account Statement, Card issued by UIDAI with details like address, aadhar card number along with a photograph.

• Photo ID Proof:

Voter’s Id Card, Pan Card, Valid Driving Licence, Valid Passport, UIDAI Card

• Income Proof:
  • For Salaried Individuals: they must provide latest 3 months salary slips, Bank Account Statement, and Form 16
  • For the self-employed: Last three years IT Returns, Bank Account Statement

Credit Cards have evolved, and now you have a card to suit customers’ specific requirements. The cards are designed based on the spending pattern. Some of them may want just to dine and travel, some of them may be shopaholics, while some may spend only for necessities. Whichever category you belong to, there is a card available for you.

To apply for HDFC Credit Cards, you need not be a customer of the bank. All you need is to comply with the HDFC Bank Credit Card eligibility criteria and submit the documents required for the HDFC Bank Credit Card.

You should comply with the following eligibility criteria to qualify for HDFC Bank Credit Card.

For Salaried Individuals/Professionals

There are no specific HDFC Credit Card eligibility criteria for students. However, if the applicant is pursuing any part-time course and has a steady income with a salary account, they can apply for a specific HDFC Credit  Card. The eligibility criteria will be similar to that of salaried individuals.

If the applicant student is without any income source, then they are only eligible for an add-on card with the parent.

Additional Reading: HDFC Cibil Score Check

Before applying for HDFC Credit Card, you will have to check the HDFC Bank Credit Card Eligibility. To do so, you need to understand the factors that affect eligibility. Given below are the factors that affect the HDFC Bank Credit Card Eligibility.

• Age:

A salaried individual will be eligible for the HDFC Bank Credit Card if they are above 21 years of age and within 60 years. If the applicant is self-employed, they should be above 21 years of age and within 65 years.

• Income:

HDFC Bank has an array of credit cards to suit the different spending patterns of their customers. The income criteria for each card are different based on the choice of the card. The credit card limit will be assessed based on your income and repayment capacity. If you have a higher income range, then the spending limit on the card will also be higher.

• Track Record:

If you are an existing customer of the bank and have either a salary account or savings bank account, then the dealings in the account matter to accept the request for a credit card. The past track record should be satisfactory, with no overdrawing, no cheque or ECS returns for want of funds, and maintenance of minimum balance. A loan availed of with the bank and serviced regularly will vouch for your integrity

• Credit Score

Your credit score will depict financial responsibility and commitment towards prompt payment of debts. A good credit history indicates a good credit score. A score of 750 and above is the desired level for getting approval for the HDFC Bank Credit Card.

Additional Info: Check HDFC Credit Card Net Banking in detail.

The most crucial factor that affects your credit card eligibility is your credit score. You work on improving the credit score by following the pointers mentioned below.

• Pay off your loan EMIs and other bills promptly. Delayed payments will bring down your score by several points. For instance, a missed EMI can bring down your score by 50 to 70 points. If you have defaulted on any payment, regularise the account by clearing the overdue.
• You draw a credit report and check for any discrepancies. Sometimes repayments made to the loan account will not be reflected in the credit report.  A default may be shown in a loan account despite the payment being made. You should immediately contact the lender, obtain a No Dues Certificate and then take up the matter with the Credit Bureau with valid proof.
• If you have just started your career, first obtain a regular HDFC Credit Card. Use the credit card prudently. Do not opt for revolving payment. Instead, make full payment of the credit card dues and avail of the 45 days credit at nil interest. With a good track record with the existing card, you will be eligible for premium cards with higher credit limits. Also, you will be creating a good credit score which will help you in the future when you are in need of big-ticket loans like a home loan.

Also Check: Cibil score for credit card