If you are applying for a YES Bank credit card, it is important for you to be aware of the documentation and eligibility criteria set by the bank. The YES Bank credit card eligibility criteria are based on basic parameters like age, income, etc. It varies with each credit card type depending upon the facilities and services included. Also, the documentation required for a YES Bank credit card is very basic, which makes the application process hassle-free.
There are many factors that affect the eligibility criteria of Yes Bank credit cards such as the applicant’s age, income, occupation, credit score, etc. The basic eligibility requirements for YES Bank credit cards are mentioned below:
Age: You must be older than 21 years and less than 60 years.
Employment: You must be a salaried or self-employed person with a steady income.
Income: For salaried individuals, monthly income must be more than ₹25,000. For self-employed individuals, Income Tax returns must be ₹5 lakh minimum.
The documents required for the Yes Bank credit card documentation process are mentioned below:
Identity Proof: PAN card, Aadhaar card, bank statement, Voter’s ID, etc.
Address Proof: Utility Bills, Aadhaar card, bank statement, etc.
Income Proof: Bank statement, Payslips, ITR receipt, etc.
Passport-size Photograph: A minimum of 2 passport-size photographs will be required for the YES Bank credit card documentation process.
The Yes Bank credit card eligibility criteria for the top 5 Yes Bank credit cards are:
YES Bank credit card
If you are looking to improve eligibility for a YES Bank credit card, here are the tips you must keep in mind:
Work on improving your CIBIL score
Make timely credit card payments
Maintain a good credit utilisation ratio
Ensure that you do not make too many hard enquiries for credit cards
Maintain a good debt-to-income ratio
Steer clear of cheque bounces and other penalties on other lines of credit
Visit Bajaj Markets today to browse and compare different credit card options. The platform allows you to check your eligibility online and apply for a credit card in a few quick easy and simple steps.
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The higher the credit score, the better are your chances of getting approved for a YES Bank credit card. A credit score of about 750 is considered very good.
For salaried individuals, the monthly income must be more than ₹25,000 to be eligible to apply for a YES Bank credit card. The income requirements vary from card to card.
To be eligible for a YES Bank credit card, you need to meet the below-mentioned eligibility criteria:
· You must be older than 21 years and less than 60 years.
· You must be a salaried or self-employed individual with a steady income.
· For salaried individuals, monthly income must be more than ₹25,000. For self-employed individuals, your Income Tax returns must be a minimum of ₹5 lakh. The income requirements vary from card to card.
The factors affecting YES Bank credit card eligibility are age, employment, and income.
The YES Bank credit card eligibility criteria for salaried individuals are:
· The age of the applicant must be between 21 to 60 years.
· The minimum monthly income of the individual must be ₹25,000 or above (varies with the card).
You can easily check your eligibility and apply online on the Bajaj Markets website/app. As long as you meet the age, income, and employment-specific criteria for a YES Bank credit card, you can improve your chances of getting approved.