BOBCARD Credit Card Eligibility Criteria & Document Requirements

BOBCARD offers credit cards with each of them having different minimum age and income requirements. The top 3 cards offered by BOBCARD are Easy, Select, and Premier. However, other than this, there are many more exclusive credit cards offered by the bank. Getting a credit card is not as easy as it seems to be. You need to fulfill certain eligibility requirements, which may depend upon various factors including age, income, credit score, of the individual, etc. In this article, you will find the eligibility requirements of BOBCARD Credit Cards.

Eligibility criteria for BOBCARD credit cards

The standard eligibility criteria followed by the BOBCARD is as follows:

• The individual must be between the age of 18-65 years.
• The income requirement varies from card to card.
• The individual must be salaried or self-employed.

Documents required to apply for a BOBCARD Credit Card

While applying for a credit card, you need to have certain documents with yourself. Here, under is a list of documents:

Income Proof  (any one)	Bank Statement or salary slip of last 3 months, last 2 years’ audited financial report,  etc.
Identity Proof (any one)	Aadhaar Card, Driving Licence, Voter’s ID, Pan Card, Passport, or any other government-approved ID.
Address Proof (any one)	Aadhaar Card, Passport, Utility Bills (not more than 3 months old), or any other government-approved ID.

Credit Cards offered by BOBCARD

BOBCARD offers a wide range of credit cards across different categories. The following are the minimum age and income requirements that the applicants need to fulfill in order to get approved for BOBCARD Credit Cards:

Eligibility for Different BOBCARDS

BOBCARD offers a wide range of credit cards across different categories. The following are the minimum age and income requirements that the applicants need to fulfill in order to get approved for BOBCARD Credit Cards:

Credit Cards	Age	Income/Salary
BOBCARD ETERNA Credit Card	21-65 years	A minimum net annual income of ₹12 lakhs and above
BOBCARD Premier Credit Card	21-65 years	Minimum net annual income of ₹7.2 lakh and above
BOBCARD Easy Credit Card	21-65 years	Salaried: ₹3 lakh per annum Self-employed: ₹3.6 lakh per annum
BOBCARD Select Credit Card	21-65 years	Minimum net annual income of ₹4.8 lakh and above
IRCTC RuPay BOBCARD Credit Card	21-65 years	Salaried: ₹3.6 lakh per annum Self-employed: ₹4.8 lakh per annum For BOBCARD Customers (both salaried and self-employed): ₹2.4 lakh per annum
HPCL ENERGIE BOBCARD Credit Card	21-65 years	Salaried: ₹3.6 lakh per annum Self-employed: ₹4.8 lakh per annum For BOBCARD Customers (both salaried and self-employed): ₹2.4 lakh per annum
BOBCARD Tiara Credit Card	21-65 years	Minimum net annual income of ₹7.2 lakh and above

Factor affecting your BOBCARD Credit Card

• Debt to Income Ratio: The factor that can badly affect your credit card eligibility is the bad debt to income ratio. Credit card issuer does not issue credit cards to those who already are in possession of unsecured debt and low-income level thereby indicating low repaying strength.
• Age: The applicant is required to meet the age requirement when applying for a BOBCARD Credit Card. Not fulfilling this eligibility requirement can stand your application being rejected.
• Income: Income determines your purchasing and repaying power. Not satisfying the minimum income requirement can affect your BOBCARD Credit Card eligibility.
• Credit Score: Credit Card issuers scrutinize your application before issuing a credit card. Having a bad credit score or no credit history at all can affect the eligibility requirement for the BOBCARD Credit Card.