Applying for IDFC FIRST Bank credit cards requires you to meet certain eligibility criteria as dictated by the bank. These include age, monthly income, location, etc. Besides that, the IDFC FIRST Bank will also perform its internal assessment about the applicant’s financial background, credit score, debt-to-income ratio, etc., as per its internal policy checks. The applicant also needs to submit certain documents to back his/her eligibility claim.
ON THIS PAGE: Factors Affecting Eligibility | Eligibility Criteria | Documents Required | FAQs
Income: The IDFC FIRST Bank credit card eligibility criteria requires the applicant to be either salaried or self-employed. The applicant also needs to submit a proof of his monthly income at the time of applying for a credit card
Minimum Age Requirement: The applicant must be at least 18 years of age in order to apply for a credit card. The maximum age limit for IDFC FIRST Bank credit card eligibility can vary between 65-67 years depending whether the applicant is salaried or self-employed.
Nationality: The applicant must be a resident of India to fulfill IDFC Bank credit card eligibility
Location: The applicant must belong to sourcing cities/location of the IDFC FIRST bank.
Credit Score: A good credit score is one of the essential IDFC FIRST Bank credit card eligibility criteria that can significantly improve the applicant’s chances of credit card approval. A credit score of 750 or more is considered ideal while applying for a credit card
Credit Utilisation Ratio: In case you have an existing credit card, the bank may check your credit utilisation ratio. It is calculated based on the total amount of credit used, divided by the total amount of credit card limit. Ideally, a credit utilisation ratio of 30 or less is necessary for fulfilling IDFC credit card eligibility.
The IDFC FIRST Bank offers four different types of credit cards. They are:
IDFC FIRST Millennia Credit Card
Although these cards offer different features and benefits, the basic IDFC FIRST Bank credit card eligibility when applying for any of these four cards is same and is as follows:
Age |
The applicant must be minimum 21 years of age to apply for an IDFC FIRST credit card |
Residence |
The applicant must be an Indian citizen and have his/her permanent and current residential address in India. The applicant must belong to any of the sourcing cities as listed by the bank |
Income |
The applicant, irrespective of whether salaried or self-employed, must have a minimum monthly income of ₹25,000 |
Credit Score |
Applicant must have a good credit score with no past records of payment default or payment miss |
IDFC FIRST Bank Internal Policy Checks |
IDFC FIRST Bank conducts its own internal policy checks based on applicant’s existing bank history, demography, and credit exposure. The applicant must pass all these policy checks to be eligible for a IDFC FIRST credit card |
In order to support the claims about the applicant’s IDFC FIRST Bank credit card eligibility, he/she needs to submit certain documents along with the credit card application. The documents required for IDFC credit card application are:
Income Proof |
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Identity Proof |
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Residence Proof |
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The IDFC First Bank states a common basic eligibility criteria that an applicant needs to fulfill when applying for any of its credit cards. The IDFC FIRST bank credit card eligibility criteria is mentioned on its official website in the cards section. Just visit https://www.idfcfirstbank.com/credit-card/classic and check your IDFC credit card eligibility.
As per the IDFC FIRST Bank credit card eligibility policy, any Indian resident who is 18 years of age or above and earns a minimum monthly income of ₹25,000 can apply for an IDFC FIRST credit card. However, the applicant must also ensure that he has a good credit bureau history and qualifies all internal policy checks as stated by the IDFC FIRST Bank.
The IDFC credit card documents required at the time of submitting your credit card application are:
Identity Proof (Aadhaar card, PAN card, Ration card, Voter ID card)
Residence Proof (Passport, driver’s licence, electricity/telephone bill, etc)
Income Proof (Salary slips, 2-year ITR statement, bank statement)
As per the IDFC Bank credit card eligibility policy, an applicant, irrespective of whether salaried or self-employed, must have a stable monthly income of ₹25,000.