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Credit cards are relatively easy to get but you will need to meet a few eligibility criteria that will usually vary depending on the card issuer and card variant. The good news is that these days there is a wide variety of credit cards available for every need and want. So, no matter what your income level is, there’s likely a credit card out there that’s right for you! 

Eligibility Criteria to Get A Credit Card

Here’s the eligibility criteria to get a credit card: 

Eligibility Criteria



18 years and above 


Salaried or self-employed 


At least ₹20,000 per month (Could vary across providers)

Low-Income Credit Cards

low income credit cards are  for those people who earn less than ₹25,000 a month. These credit cards come with a modest credit card limit. Designed especially for individuals who have a credit card income eligibility between ₹10,000 and ₹25,000 a month, these credit cards come with several attractive benefits. Most banks also allow an increase in the spending limit depending on your repayment etiquette.

Factors Determining Credit Card Eligibility

Several factors go into determining your eligibility to get a credit card. Here are some of them:

  • Credit Score 

A good credit score is an indicator that you are financially disciplined and are unlikely to default on repayments. So, if you have a good credit score, you will find it relatively easy to get a credit card even if your income is on the lower end.

  • Location 

Many credit card companies are only serviceable in cities and towns. So, if you are from a town or village where your preferred card issuer is not serviceable, then you may not be eligible for the card. You can always get in touch with your credit card issuer to get this sorted. 

  • Debt-to-Income Ratio 

Credit card issuers will also look into where your income is going every month. So, if they find that a large portion of your income goes towards debt repayment, then they may hesitate to extend even more credit for you. This is one of the reasons why even people with high incomes may be denied a credit card. As a general rule, try and keep your debt-to-income ratio at a healthy 20% to 30%. 

  • Income 

This is one of the biggest determiners of credit card eligibility as well as the credit card limit. The minimum required income will depend on a number of factors your card variant, relationship with the card issuer, credit history, etc. So, there’s no one-size-fits-all figure for the minimum income required to qualify for a credit card. However, most credit card issuers will require that you have a minimum income of at least ₹10,000 per month. Apart from the quantum of income required, card issuers will also look at the regularity of your income. If your income is irregular or inconsistent, then your application may be rejected. 


The information provided by BFDL herein above is related to the Non-Partnered Banks/ NBFCs and is just for the purpose of information and under no circumstances the information provided hereinabove is intended to be source of advice or recommending any financial advice or endorsement of any sort.

 The information including interest rates or fees and charges with regard to any credit card, provided on this website is gathered through publicly available sources over the internet and is considered as accurate and reliable to the best of our knowledge. BFDL disclaims any responsibility or liability regarding inaccuracies, omissions, mistakes etc. as well as offers by the Non-Partnered Banks or NBFCs. The use of information set out is entirely at the User’s own risk and User should exercise due care prior taking of any decision, on the basis of information mentioned hereinabove. You are advised to visit/ contact the respective Banks/ NBFCs to verify the information before making any application or opening an account. Further, BFDL does not undertake any responsibility or liability to update this information. YOU ARE SOLELY RESPONSIBLE FOR ANY LIABILITY OR DAMAGE YOU INCUR THROUGH ACCESS TO OR USE OF THE SITE OR SUCH INFORMATION OR MATERIALS EXCEPT WHERE THE LAWS AND REGULATIONS OF A PARTICULAR JURISDICTION CONCERNING WARRANTIES CANNOT BE WAIVED. Additionally, display of any trademarks, tradenames, logo and other subject matters of intellectual property owners. Display of such Intellectual Property along with the related product information does not imply BFDL’s partnership with the owner of the Intellectual Property of such products.

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Frequently Asked Questions

Can I get a credit card with a salary of ₹20,000?

Yes, there are many credit cards available to people with a monthly income of ₹20,000.

Can I get a credit card if my salary is ₹10,000?

Some credit card companies offer credit cards to people with a monthly salary of ₹10,000 too.

Which credit card has a ₹4 Lakh limit?

The HSBC Smart Value Credit Card is a one of the great entry-level credit card for people with an annual income of ₹4 Lakhs.

How easy is it to get a credit card and what benefits do they offer?

Credit cards facilitate quick transactions and offer delightful shopping experiences with attractive rewards and offers.

What are the general eligibility criteria for obtaining a credit card?

To get a credit card, you generally need to be 18 years or above, employed (salaried or self-employed), and have a minimum monthly income of ₹20,000 (varies by provider).

Is it true that people with low incomes can also get credit cards?

Yes, there are special low-income credit cards with exciting benefits. Popular options include the Canara Bank Global Card, Axis Bank Insta Easy Card, YES Bank Prosperity Rewards Plus Credit Card, ICICI Platinum Chip Credit Card, and HSBC Smart Value Credit Card. 

What are low-income credit cards, and what are the eligibility criteria for them?

Low-income credit cards cater to individuals earning between ₹10,000 to ₹25,000 a month, offering modest credit limits. Requirements vary, with options like a minimum annual income of ₹2 Lakhs, a fixed deposit of ₹20,000, or a minimum annual salary of ₹4 Lakhs.

How is credit card eligibility determined?

Several factors influence credit card eligibility:

      - Credit Score: A good score indicates financial discipline.

      - Location: Serviceability in your area matters.

      - Debt-to-Income Ratio: Maintain a healthy 20% to 30%.

      - Income: Minimum monthly income, typically around ₹10,000, and regularity matter.

Can a good credit score compensate for a lower income when applying for a credit card?

Yes, a good credit score signals financial responsibility, increasing your chances of getting a credit card even with a lower income.

What role does location play in credit card eligibility?

Credit card companies may operate only in specific areas. If your town or village isn't serviced, you might be ineligible. Contact your issuer for clarification.

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