ICICI Credit Card Eligibility

The eligibility criteria for ICICI Bank credit cards are:

Nationality: The applicant must be an Indian national.

Age: The applicant’s age at the time of application for ICICI Credit Card should be at least 23 years. The minimum age for an add-on card holder is 18 years. Also, customers who are over 65 years of age cannot avail ICICI Bank credit cards.

Employment: ICICI Banks credit cards can be availed by salaried as well as self-employed professionals.

Income: The applicant must have a minimum monthly salary of Rs. 20,000. For applicants who are self-employed, the minimum annual income must be Rs. 3 lakhs.

Credit History: To hold a credit card, an applicant must have a clean credit record. He/she must have a good CIBIL score with timely payment.

The applicants should also be able to submit valid proof of income, identity and address. The following documents are accepted.

Various factors affect customer’s chances of availing an ICICI Bank credit card. These are:

Age – ICICI Bank credit card is provided to those users who are above 21 years of age. People who are above 65 years of age will not be able to avail a credit card.

Income – Income affects the credit limit of the applicant. Also, many credit cards have a minimum income requirement. If customers do not meet the minimum income requirement then they won’t be able to avail that credit card.

Credit Score – Banks ask for the applicant’s credit score from credit bureaus. Credit score shows how much financially responsible an applicant is. It also shows whether an applicant has ever defaulted on card or loan payment.

Work Experience – Customers who have job stability and work experience find it easier when it comes to card application approval.

Prior Relationship – Banks prefer to give credit cards to those customers who have maintained a prior relationship with the bank. As, this way the bank knows about the customer’s spending patterns, income and debts if any. In fact customers who have well maintained relationship with the bank will have a better chance of securing a credit card.

How can I avail ICICI credit card?
Availing a credit card is really easy. Customers can avail ICICI credit card by applying for it through Paisabazaar.com. Click here to begin the process. Simply fill the form and follow the onscreen instructions.

Alternatively, customers can apply for the credit card through ICICI bank’s official website.

What is the minimum salary to apply for credit card in ICICI Bank?
The minimum salary to avail an ICICI Bank credit card is Rs. 20,000.

How can I get a credit card without proof of Income?
Customers can avail ICICI Bank Coral Credit Card against Fixed Deposit. Applicants will not have to submit proof of income. They can get a credit limit up to 85% of the fixed deposit amount.

Can a housewife apply for a credit card?
Yes, a housewife can apply for a credit card. They can do this by applying for a secured credit card or an Add-on credit card. Secured credit cards are issued against a Fixed Deposit while Add-on cards are given to immediate family members of primary card holders.

Can I apply for credit card without salary slip?
Yes, customers can apply for a credit card without submitting a salary slip. In its place they can submit Income Tax Return acknowledgement.