**SBI bank has a variety of credit cards in the market trying to meet the needs of every user. For every credit card, there are different criteria but most of the basic ones are the same. Meeting the eligibility criteria is very crucial when you are applying for credit cards. Mainly the criteria can be age, nationality, income proof, etc.
When it comes to these criteria most of them are so basic that you can match up to the eligibility for several credit cards. But the income proof determines all. There are credit cards for every category of earner. The income proof criteria for the credit cards, determine what type of credit card you are eligible for.
Income proof presents the bank with your ability to return the money or any loan. If you are an employee then you can present your salary slips as your income proof and in the case of self-employed people, you can show your ITRs. The minimum salary for any credit card with the SBI Bank is Rs. 18,000. This means to be eligible for any type of credit card with SBI bank, the minimum or the starting amount is Rs. 18 K. However, this amount can vary depending on the type of variant you are using. **
Here are a few popular credit cards by SBI Bank with their minimum income criteria –
- SBI Elite Credit Card - For both salaried and self-employed individuals, you will have to have a stable income source of RS. 60,000 or more per month.
- SBI Prime Credit Card – For both salaried and self-employed individuals (as per the ITR), the minimum income should be Rs. 32,000 per month.
- SBI SimplyClick Credit Card – For both salaried and self-employed credit cards (as per the ITR), the minimum required amount should be Rs. 20,000 per month.
Some cards are only available for high-value individuals. These cards are called super-premium credit cards. The card division generally has entry-level credit cards, basic credit cards, premium credit cards, and super premium credit cards. All these cards have different ranges and different income eligibility.
If you are looking for super-premium credit cards, the range start can start from Rs. 8 Lakhs to anywhere.
There are different credit cards present in the market with different features. Similarly, different credit cards also have different types of eligibility which they will have to fulfill to get the card. SBI Bank issues credit cards for people of every class.
For the common man, there is a wide variety of credit cards, same goes for millennia and high-value individuals. Different cards are providing for the needs of different people. However, if you have a minimum of Rs. 18 K as your monthly income, you can apply for SBI credit cards and get the options available to you.