Karur Vysya Bank Credit Card Eligibility

Age – KVB Credit Card is provided to those people who have a valid source of income. Hence, individuals must be above 21 years of age at the time of application. Also, applicants cannot be above 65 years of age at the time of application.

Income – KVB does not give credit cards to individuals that are unemployed or don’t have a valid and stable source of income. To verify the income of the applicant KVB requires that the customer submit the last three months’ salary slips or Income Tax Returns (ITR) acknowledgement of the past year. Also, the individual’s income directly affects the credit limit that is given to the user. Higher income results in a higher credit limit.

Credit Score – KVB Bank like other banks prefers giving credit cards to applicants that have a credit score. This lets the bank know about the cardholder’s financial history and debit/credit details. Customers without a credit score might get a basic credit card but they might not get a premium credit card.

The documents required in order to avail Karur Vysya Bank credit card are:

Proof of Identity	PAN Card, Aadhaar card, Driver’s License, Passport, Voter’s ID, Overseas Citizen of India Card, Person of Indian Origin Card, Job card issued by NREGA, Letters issued by the UIDAI, etc.
Proof of Address	Aadhaar card, Driver’s License, Passport, Utility Bill not more than 3 month’s old, Ration Card, Property Registration Document, Person of Indian Origin Card, Job card issued by NREGA, Bank Account Statement, etc.
Proof of Income	Latest one or 2 salary slip (not more than 3 months old), Last 3 months’ bank statement, ITR, Form 16, etc.

The following factors impact Karur Vysya Bank Credit Card Eligibility Criteria.

Age – Karur Vysya Bank credit cards are provided to those users who are over 21 years but below 65 years of age. Customer’s age also impacts the chances of approval for a credit card as people who are in their prime usually stand a better chance of getting a credit card.

Job Stability – People who have breaks in their employment have a lower chance of getting a credit card. Banks prefer to give credit cards to those people who have a stable job.

Recent Delinquencies – Applicants who have defaulted on payment or declared bankruptcy usually cannot get an unsecured credit card. Such customers will have to wait and improve their credit score in order to apply for a credit card.

Does a prior relationship with the bank help user’s eligibility for credit card?

Karur Vysya Bank does not require that customers have a relationship with the bank prior to credit card application. However, it will be in customer’s best interest to have a relationship with the bank before applying for a credit card.

How can one apply for Karur Vysya Bank Credit Card?

Karur Vysya Bank credit card can be applied by visiting the nearest Karur Vysya Bank branch.

How many credit cards do Karur Vysya Bank Provide?

Currently Karur Vysya Bank provides three credit cards, these are:

• Karur Vysya SBI Gold Card
• Karur Vysya SBI Platinum Card
• Karur Vysya SBI Signature Card

How can I improve my chances of credit card approval?

There are a few things that customers can do to improve their chances of credit card application approval. These are:

• Settle loan or credit card bills on time
• Maintain a good credit score. Preferably over 750
• Do not apply for multiple credit cards at once
• Settle your credit card bill before bill generation date
• Never default on loan repayments