Standard Chartered Bank Credit Card Eligibility

The basic eligibility criteria that an applicant must meet to avail any Standard Chartered Bank’s credit card is:

Age – The age requirement for applying for Standard Chartered credit card varies for salaried and self-employed individuals:

• Salaried individuals should fall in the age group of 18-62 years
• Self-employed individuals must be between 18-67 years

Income – Applicants must fulfil the minimum income requirement for credit cards they are applying for. The minimum income requirement varies from card to card.

Location – Applicant must be a resident of serviced cities. The list of cities can be found here.

Note: Apart from the factors mentioned above the bank may take many other factors into consideration before approving a credit card.

To check your Standard Chartered credit card eligibility at Paisabazaar within minutes, you just have to fill in your basic details. Follow the below-mentioned steps:

Step 1- Click here to enter your mobile number (you will need to complete the OTP based mobile verification)
Step 2- Select your occupation (Salaried or Self-employed) and enter all other personal details

After this, you will be redirected to the page where you can find all the credit cards as per your eligibility. If you are not satisfied with the options available, or you do not find the desired Standard Chartered Credit Card in the list, you can always contact Paisabazaar’s customer care service for further assistance.

Step 3 – If you decide to apply for a credit card from the list, you can simply click on the “Grab Now ” option on the right-hand side of the card. Now, you will need to fill an additional form that will require you to enter additional details such as Pancard details, parents’ names and more. Enter other details and submit your application.

Note. Remember, if you have already registered with Pasiabazaar, certain information will be pre-filled in your application form.

You will have to submit certain documents to establish the information you provided on the application form. The documents that are accepted by the bank to verify the various claims are given below:

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.

Although eligibility criteria for Standard Chartered Credit Cards differ from one card to another, there are a few factors that directly impact your chances of approval for Standard Chartered Credit Card apart from age and income.

Credit Profile- Your credit profile is made up of your credit score and credit history. A longer well-managed credit history leads to a better credit score, improving your chances of approval. A credit score of 750 and above is considered good.

Number of Credit Enquiries– This is also related to your credit profile. Every loan or credit card application leads to a hard enquiry on your credit report. Once this happens, your credit score may drop. This is the reason why you should not apply for multiple loans or credit cards at the same time. A person who applies for too many loans is considered credit hungry by the lenders and hence the chances of approval may decline.

Location- In order for you to be eligible for a Standard Chartered credit card, you should have a residential address in a location served and not black-listed by SBI Card. There are only a few such cities or remote areas where SBI Card does not serve.

Job Stability– Banks would want you to have a regular source of income so that you may be able to repay the amount borrowed. Job stability plays a major role in it. People who switch jobs after every 6 months would be taken as a risky bet by the lenders as compared to someone who has stayed in a job more than 1 year.