IDFC Credit Card Eligibility

About IDFC Credit Card Eligibility

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

Factors Affecting IDFC Credit Card Eligibility

• 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.

Eligibility Criteria for Different IDFC Credit Cards

The IDFC FIRST Bank offers four different types of credit cards. They are:

 

• IDFC FIRST Select Credit Card

• IDFC FIRST Classic Credit card

• IDFC FIRST Millennia Credit Card

• IDFC FIRST Wealth 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:

IDFC FIRST Bank Credit Card Documents Required

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:

To know more about credit card eligibility, steps to apply for a credit card, and features and benefits offered by different credit cards in the market, continue browsing through Bajaj Markets. Our catalogue of credit card options are perfectly curated to suit all your financial needs. Browse now!

 

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