Headquartered in Mumbai, IDBI Bank is one of the biggest commercial banks in India. It has established itself as a leader in the financial sector by offering numerous products and services. IDBI credit cards are quite popular among the customers as they offer excellent rewards on purchases along with several other perks. Whether you like shopping, travel or entertainment, these cards give you great deals on all types of expenditure. So, if you wish to apply for IDBI credit cards, you must first know about IDBI credit card eligibility criteria so that your application does not get rejected.
IDBI Credit Card Eligibility Criteria
Following are the requirements to be met by an applicant in order to be eligible for IDBI credit cards.
| Minimum Age | 21 years |
| Maximum Age | 60 years (65 years for self-employed) |
| Minimum Age of Add-on Card Holder | 18 years |
| Residential Status | Resident of India |
| Occupation | Salaried or Self-employed |
Readers should note that these criteria are only indicative and the bank reserves the right to approve or reject an application as per its internal policies.
Applicants should also be able to submit documents that work as valid proof of identity, address and income. Following documents are accepted by the bank-
| Proof of Identity | Voter ID/ Passport/ Driving License/ PAN card/ Aadhaar Card |
| Proof of Address | Electricity/ Telephone Bill/ Election Card/ Passport/ Adhaar Card |
| Proof of Income | Latest 3 months’ Salary Slip/ Latest 3 months Bank Statement/ ITR/ Form 16 |
Factors affecting IDBI Bank Credit Card Eligibility
Apart from the basic factors mentioned above like age and residential status, there are some other factors that directly impact your eligibility for IDBI credit cards.
- Income
All credit cards have similar eligibility criteria but the minimum income required by an applicant may differ from bank to bank. Meeting the minimum income requirement is necessary and if you ignore this, your credit card application may get rejected.
- Residence/Office Location
The area you reside in or the place your office is located in are also important eligibility criterion considered by banks and therefore, play a role in approval of credit card application. Most banks have a list of preferred as well as of areas that are blacklisted and not eligible to receive any services.
- Credit Report
Having a good credit history and a stable CIBIL score is extremely important to avail a Credit Card by IDBI Bank. A good CIBIL score of 700 or above reflects your financial stability and ensures that you will pay your credit card bills in time and on a regular basis.
How to apply for IDBI Bank Credit Cards?
IDBI Bank offers a choice between five globally accepted credit cards which are protected with superior security features like the EMV chip and PIN. You can choose the card that matches your lifestyle and preferences, plus, you can also enjoy paying for purchases with EMIs and other super privileges are offered on the cards. IDBI Credit card holders get to be part of loyalty rewards program by IDBI under which you can earn excellent rewards and redeem them against gift vouchers and merchandise.
If you fulfill IDBI Bank credit card eligibility criteria, you can apply for their credit cards online as well as offline. You can visit IDBI Bank’s official website and go to the credit card section. Here you can find all credit cards offered by IDBI Bank. Select the one you want; click on apply now. You will be redirected to the forms page from where you can download the form and submit at the nearest IDBI Bank branch. Alternatively, you can directly visit the branch with the relevant documents and apply offline.