Depending on which IDFC First Bank credit card you have, your credit limit varies. Your credit limit is partly decided by your income and credit history. You can ask the bank to increase or decrease your credit limit at any time. To get a higher credit limit you are required to keep your credit card dues clear. Continue reading to find out how to increase the limit on your IDFC First Bank Credit Card and what evidence you’ll need to submit your request.
How to increase the credit limit of IDFC First Bank Credit Card?
Customers can request a credit card limit increase in one of two ways. The following are the details:
If you have any questions about the credit limit increase on your IDFC First Bank Credit Card, you can always call customer service at 1800-500-1111. Connect with a customer service representative and request a credit card limit increase. The representative will advise you of the documentation that you will need to send to the bank for eligibility verification. The executive will explain to you the complete procedure for getting a credit limit increase.
Visiting the branch
Customers can simply go to their nearest branch to get their credit card limit extended. When you visit the branch, you will be needed to bring the documentation with you. Your request will be processed by the IDFC bank based on the papers you supply. The bank will only extend your credit limit if your income statement is in good standing and you have never defaulted on a credit card.
Documents Required for Credit Limit Increase
When requesting an increase in credit limit, the consumer is obliged to provide the bank with specific papers. The bank will evaluate your request based on the documentation you supply to determine if you can handle a higher limit or not. The following self-attested documents must be submitted in hard copy at the branch:
- Salary Slips of last two months
- Bank Statement
- Income Tax Returns
Yes, you can write a mail requesting your credit card limit enhancement send it to [email protected]
You can use your net banking account or call on customer care number to check your credit card limit.
Yes, the bank charges an over-limit fee on using the credit card for transactions beyond the provided credit limit.
No, it will not affect your credit score. Credit score gets affected when you do not pay your credit card bills on time.