YES Bank Credit Card Eligibility

Before you apply, check if you meet the following YES Bank credit cards’ eligibility criteria:

• Age between 21 to 60 years

• Salaried or self-employed with a steady income

• Minimum monthly income of ₹40,000

Check this general list of documents you may need to keep ready when applying online on Bajaj Markets:

• Proof of Identity:

  1. PAN card

  2. Passport

  3. Driving Licence

  4. Aadhaar card
     

• Address Proof:

  1. Electricity bill

  2. Landline telephone bill

  3. Ration card

  4. Passport
     

• Income Proof:

  1. Salaried: Latest payslip

  2. Self-employed: Income Tax Returns (ITR) 

  3. Form 60

Apply only for credit cards you qualify for to keep your credit score from dipping. Find some of the best credit cards from YES Bank suited for you. 

Simply follow these steps:

1. Head to the eligibility calculator section and select your employment information

2. Fill in your date of birth, mobile number, and other details

3. Click on ‘Check Eligibility’ and proceed

Healthy financial habits and sufficient income can help you get a YES Bank credit card. Here is a comprehensive look into the factors affecting eligibility.

• Income 

Your earnings must match YES Bank’s specific requirements for the card variant you are applying for. This is an important criterion that affects the approval of your application. You may showcase both active and passive income via your bank statement and IT returns.

• Credit Score

Having a score of 700 or more typically assures issuers that you have experience with credit and are responsible about repayment. With such a score, you can increase your chances of getting approval for a range of credit cards by the provider.

• Earning Stability

Consistent income is seen as a mark of reliability, as it ensures you can pay your credit card dues on time. Showcase it with bank statements that contain salary, interest, or other income being credited on a regular basis.

To qualify for a credit card that offers enhanced benefits, take these suggestions into account:

• If you already own a credit card, pay your bills by the due date consistently

• Download and read your credit report at suitable intervals to improve your credit habits and report errors, if any 

• Do not close a credit card that still has overdue balance to be repaid 

• Look out for pre-approved credit card offers from YES Bank

• Clear off all or most of your existing debt before you approach the issuer for a better card

• Apply for a new credit card only when you meet the income criteria

• Maintain a high balance in your YES Bank savings account

In case you are unable to meet the terms of eligibility set by this issuer, there are other options you can choose: 

• Consider Other Credit Cards

Check to see if you meet other issuers’ criteria, as their eligibility terms may vary. A quick way to go about this is to enter your income and other details on the eligibility calculator on Bajaj Markets. This way, you can find other cards that you qualify for.

• Get a Secured Card

You can use your fixed deposit as security to get an FD-linked credit card whose approval is usually guaranteed. Use it wisely and pay your bills on time to build or increase your credit score. In the due course of time, you can apply for a regular card with more features and benefits.  

• Opt for a Personal Loan

No matter what you need funds for, you can get this unsecured loan with ease. Meet its simple eligibility terms and use the funds for travel, medical needs, education, and more.

• Explore the Overdraft Facility

You may get access to credit via this facility if you have a bank account and a good relationship with the financial institution. This can help you bridge financial gaps in the short term.