IndusInd Bank Credit Card Eligibility Criteria & Document Requirements

The IndusInd Bank delivers its customers many credit cards that suit their needs. The IndusInd Bank’s credit cards offer many exciting features & benefits like reward points/cashback, dining, travel, shopping, and much more. To understand the eligibility criteria while applying for an IndusInd Bank Credit Card, keep reading the following information.

Eligibility Criteria for IndusInd Bank Credit Cards

The IndusInd Bank has laid standard eligibility criteria when issuing credit cards to applicants.

• The applicant’s age must be between 21 years to 65 years.
• Must be a self-employed individual or salaried employee.
• Must be having a stable income source.
• Must maintain a good credit score.

Documents Required to Apply for an IndusInd Bank Credit Card

When applying for an IndusInd Credit card, always keep these documents in hand with you, or if applying online, always keep these documents as a scanned copy:

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.
Income Proof (any one)	Bank Statement or salary slip of last 3 months, last 2 years audited financial report,  etc.

Top Credit Cards Offered by IndusInd Bank

Below is a list of credit cards offered by IndusInd Bank.

• IndusInd Bank Platinum Credit Card
• IndusInd Legend Credit Card
• IndusInd Nexxt Credit Card
• IndusInd Bank Pioneer Heritage Credit Card
• IndusInd Intermiles Voyage Visa Credit Card
• IndusInd Bank Crest Credit Card
• IndusInd Bank Indulge Credit Card

Factors that Affect Your IndusInd Bank Credit Card Eligibility

• Age: If your age does not meet the requirements laid out by the bank, then your application might be rejected.
• Income: The applicant must have a stable source of income when applying for an IndusInd Credit card. If you don’t have a stable income, then you cannot get a credit card.
• Credit Score: A good credit score signifies your ability to pay back and also your past financial performance. A good credit score is generally above 700. Having a score below that might lower your chances of getting the card.
• Debt to Income Ratio: The Debt to Income ratio shows the amount of debt you owe against the income you hold. To get a credit card, the applicant must have little or no debt at all.
• Multiple Credit Cards: If an applicant already holds around 7 to 8 credit cards, then the chances of getting a new credit card are lowered.
  Payment Default: In case the applicant has defaulted on a credit card bill payment in the past, then this also will lower the chances of getting a credit card
• Multiple Applications: It is advisable to send just one application for the credit card to the bank at one time and wait for the response. Sending multiple applications will only lead to rejection.

How to Improve Your IndusInd Bank Credit Card Eligibility?

In case you want to improve your eligibility to get a credit card, then the following tips will help you to do so:

• The very first step to improving your eligibility is to avoid sending multiple applications for a credit card.
• If you do not meet the age requirement, then the only thing you can do is wait for the age that is required or search for a card that accepts a lower age.
• You can go with secured credit cards or an entry-level credit card if you are new to credit cards. You can also go with a BNPL (Buy Now, Pay Later) card to build your credit score.
• If you have taken any loan, always settle your EMIs on time and never default on the payment.
• Apply for a credit card when you have a good Income Ratio.