Credit Cards: Documents Required

Getting a credit card has now become easier than ever. Just check your eligibility, and list of documents needed, and apply online. Documentation may vary from issuer to issuer. While no document needs to be produced physically, it is best to keep these handy.

When applying for a credit card in India, you'll typically need to submit a set of documents to verify your identity, address, and financial stability. Here's a breakdown of the commonly required documents:

1. Mandatory Documents:

• Completed application form: Ensure all sections are filled out accurately and truthfully

• Passport-sized photograph: A recent photograph adhering to the bank's specifications (size, colour format)

 

2. Proof of Identity (Any one):

• PAN Card: This is the most common identity proof document required

• Aadhaar Card:  An alternative to PAN Card, accepted by some banks

• Passport: Valid passport if you don't have PAN or Aadhaar

• Voter ID Card: Might be accepted by some banks

• Driving License: In some cases, a valid driving license can be used

 

3. Proof of Address (Any one):

• Utility Bills: Electricity bill, water bill, telephone bill (not older than 3 months) with your name and address visible

• Ration Card: This can be used as address proof in some cases

• Passport: If your passport has your current address mentioned

• Driving License: If it has your current address

• Aadhaar Card: If your address is updated on your Aadhaar card

• Bank Statements: Recent bank statements (past 3 months) mentioning your address

• Lease Agreement: If you're residing in rented accommodation

 

4. Proof of Income (May vary depending on your employment status):

• Salaried individuals: Latest payslips (2-3 months) showing your salary and employer details

• Self-employed individuals: Income Tax Returns (ITR) for the past 2-3 years along with bank statements reflecting income

• Other cases: For students or those with non-traditional income sources, specific documents for credit card application might be required. Check with the bank for details.

 

5. Additional Documents (Optional):

• Form 16: If you have a Form 16 from your employer, it can strengthen your application. 

• Bank Account Details:  Details of your savings account can improve your application, especially if you have a good banking relationship with the issuing bank.