The credit limit of PNB credit cards varies from card to card. The income level and credit history play an important role in fixing the credit limit. You can request the bank to increase or decrease the credit limit at your convenience at any time. Keep reading to know how you can get your PNB Credit Card limit increased and what all documents are required for the same.
How to increase the credit limit of PNB Bank Credit Card?
The customers can use three ways to request to get the credit card limit increased. They are:
The customers can use internet banking to submit a request for a credit limit increase. Follow the below-given steps to submit a request for a credit limit increase.
Step 1: To begin with, you need to go to PNB official website and login into your net banking account using your User ID and password.
Step 2: Go to my Accounts and choose your PNB Credit Card.
Step 3: Click on manage card and you will be redirected to a credit card servicing page.
Step 4: Select the ‘Credit Limit Increase’ option and click on submit.
You can always call on 24×7 toll-free customer care number 1800-180-2345 to get the details regarding the credit limit increase of your PNB Credit Card. Get connected with the customer care executive and request for the credit card limit increase, the executive will inform you about the documents which you will be required to submit the income documents to the bank for eligibility check. The executive will explain to you the complete procedure for getting a credit limit increase.
Visiting the branch
The customers can always visit the nearest branch to get their credit card limit increased. You will be required to take the documents along with you while visiting the branch. The bank will process your request on the basis of the documents submitted by you. The credit limit will only be increased by the bank if your income statement stands good and you have never defaulted on credit card bill payments.
Documents Required for Credit Limit Increase
The customer is required to furnish certain documents to the bank while submitting the request for increasing the credit limit. Bank will assess your request based on your submitted documents to see whether you can handle a larger limit or not. The following documents must be submitted either in soft copy through the mail or in hard copy by visiting the branch:
- Salary Slips of last two months
- Bank Statement
- Income Tax Returns
No, you do not have to pay anything while requesting for credit limit increase.
No, the credit limit depends on the income level and the credit history of every individual. The bank has the sole right to fix the credit limit after checking your eligibility requirement.
Yes, primary cardholders as well as add-on members get the same credit limit on their credit cards.
Yes, you can get your credit limit decreased depending on your requirement.