What Documents are Needed to Apply for a Credit Card?

Credit Cards are the lender of the last resort whenever an individual faces a financial crisis. On the other hand, some individuals use a credit card to enjoy the offers like discounts, cashback, reward points, and many other exclusive deals.

Credit Card

But the banks only give credit cards to those individuals who fulfill all the required documents. So if you are applying for a credit card for the first time then you must see the documents needed to apply for a credit card. Unless and until and you fulfill the documents’ needs, the bank will not give you any credit card.

Documents Required for Applying for a Credit Card

You can go through the list of documents required by the bank to issue a credit card to a new user. It is a common list of documents that the top banks like SBI, HDFC, ICICI, and many others ask for. There are some credit cards that require special documents as per the bank’s need so you must go through the list of documents before applying for any credit card.

The list of documents required to apply for a credit card differs from individual to individual. The salaried individuals have a different list of the document as compared to the self-employed individual. So you must have a look at all types of documents needed by the bank.

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Documents for Salaried Individual

  • Identity Proof Documents:- PAN Card, Aadhar Card, Voter I.D. Card, Passport, Driving License. (Any One Document)
  • Address Proof Documents:- Ration Card, Electricity Bill, Telephone Bill, Driving License, Passport, Voter I.D. Card, Last 2 Months Bank Statement. (Any One Document)
  • Income Proof Documents:- Form 16, Latest Salary Slips, Income Tax Return Documents. (Any One Document)
  • Age Proof Documents:- Pass Certificate of 10th Standard, Passport, Birth Certificate, Voter I.D. Card. (Any One Document)

Documents for Self-Employed and Professionals

  • Identity Proof Documents:- PAN Card, Aadhar Card, Voter I.D. Card, Passport, Driving License. (Any One Document)
  • Address Proof Documents:- Ration Card, Electricity Bill, Telephone Bill, Driving License, Passport, Voter I.D. Card, Last 2 Months Bank Statement. (Any One Document)
  • Income Proof Documents:- Income Tax Documents with Computed Income, Audited Financial Document, Business Continuity Proof, PAN Card (Any One Document)
  • Age Proof Documents:- Pass Certificate of 10th Standard, Passport, Birth Certificate, Voter I.D. Card. (Any One Document)

Documents for Student

  • Identity Proof Documents:- PAN Card, Aadhar Card, Voter I.D. Card, Passport, Driving License. (Any One Document)
  • ·Address Proof Documents:- Ration Card, Telephone Bill, Driving License, Passport, Voter I.D. Card. (Any One Document)
  • ·Enrollment Proof:- Identity Card of the College, Admission Slip, Study Certificate from the university or College. (Any One Document)
  • ·Age Proof Documents:- Pass Certificate of 10th Standard, Passport, Birth Certificate, Voter I.D. Card. (Any One Document)

Document for Travel and Forex Credit Cards

  • Salaried and Self-Employed:- Travel Ticket, Visa, Passport, Form A2, and PAN Card. (All of them)
  • Students:- Passport, Form A2, Passport Size Photograph, University I.D. Card or Admission Letter or Appointment Letter.

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NRI’s Document Needed to Apply for a Credit Card

  • Identity Proof:- Passport or Driving License
  • Address Proof in India:- Bank Account Statement, Telephone Bill, Post-Paid Mobile Bills, Electricity Bills, Passport, Driving License, Lease Deed, Rental Agreement, Voter I.D. Card, Title Deeds of property. (Any One Document)
  • Address Proof Outside India:- Passport, Driving License, Company’s I.D. card, Company’s Appointment Letter, Credit Card Statement if any, Rent Receipt, Utility Bills, Overseas Statement of the Bank, Government Issued I.D. Card. (Any One Document)

Conclusion

These are the all possible documents the bank can for if you are applying for a credit card. But the banks may ask you for some additional documents depending upon the terms and conditions of the credit cards. But the above-mentioned Documents are Needed to Apply for a Credit Card and if you have them then you are ready to take the card. Make sure that you prove your income in context to the eligibility of the credit card you are applying for otherwise, the bank will reject your credit card application.