Axis Credit Card Documents and Eligibility

Axis Documents & Eligibility

Let us begin with the minimum Axis Credit Card application eligibility. 

What is the eligibility for Axis Bank Credit Card?

The basic Axis Bank Credit Card eligibility criteria is as follows: 

• If you already have a credit card from another bank, income proof won’t be required.

• If you already have a credit card, you will have to submit transaction proof in order to check for your repayment history and other details.

• You should ideally have a CIBIL score of at least 700 to fulfill Axis Credit Card eligibility.

• You (primary cardholder) should be between 18 and 70 years of age.

• If you’re opting for add-on cardholders, they should be more than 15 years old.

• You should be an Indian resident or an NRI (Non-Resident Indian) 

Axis Bank offers credit cards tailored to suit different purposes for different users. Axis Bank also offers credit cards for students with low interest rates & exciting offers. Once you have done a basic Axis Bank Credit Card eligibility check, there are some additional, specific criteria that you have to fulfill. The specific criteria will vary depending upon the user category that you fall into. You can conduct your Axis Bank Credit Card eligibility check online through Axis Bank’s official portals, or follow the list mentioned right below. 

Axis Bank Credit Card apply eligibility for different types of users

After checking for the basic Axis Credit Card eligibility details, you need to check for some specific details based on the type of user category you fall into. Here’s the specific Axis Credit Card eligibility criteria for salaried professionals, self-employed persons, and students. 

Axis Bank Credit Card eligibility details for salaried professionals

• Your income should be at least Rs 1,80,000 p.a.

• You should be between 18 and 70 years of age.

• You will need to produce salary slips as a proof of income. 

Axis Bank Credit Card eligibility details for self-employed persons

• Your income should be at least Rs.1,80,000.

• You should be between 18 and 70 years of age.

• You will need to produce your IT return statement as proof.

• If you’re a businessperson, you’ll need proof verifying how long your company has been in existence. 

Factors Affecting Axis Credit Card Eligibility Criteria

There are certain Axis Bank Credit Card requirements which affect your eligibility for the credit card you wish to acquire. Here are the key factors: 

• Age

• Total monthly and yearly income figures

• Debt-t0-income ratio (Gross monthly debt/monthly income)

• Credit score (ideally more than 700)

• Remarks and recent delinquency on credit report

• Lack of credit history (mostly in case of students and new workers)

• Stability of employment

• Number of credit cards already owned

• Multiple credit enquiries

• Outstanding amount on existing credit cards 

Before moving on to the Axis Bank Credit Card documents required for your application, let us find out how you can improve your chances of getting approved. 

Requirements to improve eligibility

• Improve your CIBIL score.

• Make all your payments in a timely manner.

• Maintain your credit utilisation ratio.

• Don’t make too many hard enquiries for credit cards.

• Maintain your debt-to-income ratio.

• Beware of cheque bounces, penalties on all active credit lines.

• Try to increase the gap between your income and total debt for better credit deals. 

Now that you know how to work your way around the Axis Credit Card requirements in terms of eligibility, let us move on to the other crucial process: documentation. 

Axis Bank Credit Card Documents Required

• Axis Bank Credit Card Documents for Proof of Identity

  • Aadhaar card

  • PAN card

  • Passport

  • Voter’s ID

  • Driver’s licence

  • Any other govt-approved photo identity proof 

• Axis Bank Credit Card Documents for Proof of Address

  • Aadhar card

  • Utility bills (not older than 3 months)

  • Passport

  • Any other govt-approved identity proof 

• Axis Bank Credit Card Documents for Proof of Income

  • Form 16

  • Salary slips from the past three months

  • Bank statement for the past three months

  • Audited financial records for the past 2 years (if you’re self-employed)