One of the biggest private banks in India, Axis Bank offers its clients credit card services. Regardless of your interests in entertainment, travel, or shopping, Axis Bank credit cards have you covered. You will, however, be concerned about the credit limit when you apply for an Axis Bank credit card. As is typically the case, Axis Bank bases the restriction on a number of variables. Read this post about Axis Bank credit card limit increase if you wish to raise the limit.
How to Increase the Credit Limit on Your Axis Bank Credit Card
Customers of Axis Bank can use the Credit Limit Enhancement option to ask the bank to raise their credit card limit. To be qualified for a credit limit increase, you must have been a customer for more than three months. No late payments should have been made on your credit history. Based on this, Axis Bank may approve the clients in accordance with the bank’s internal regulations. The methods for raising your credit card limit are listed below.
Pre-Authorized Increase in Limit
The clients who qualify for an increase in credit limit are subject to periodic evaluations by Axis Bank. The bank uses email and SMS to stay in touch with qualified clients. All you have to do is send the bank a simple message indicating your acceptance. An official from Axis Bank will schedule a call to go over the terms and limitations of your offer to have your credit card limit increased.
The bank executive will also guide you through the procedure. Upon successful completion, the bank will send you a confirmation message.
How can I ask to have my credit card limit increased?
Customers of Axis Bank credit cards have the option to raise their credit limits. The qualifying cardholder must have been a bank client for more than three months. In the preceding six months, the consumer shouldn’t have had any credit limit increases. Customers can use the bank’s credit card limit increase feature.
Via Internet Banking
Clients of Axis Bank who log into their netbanking accounts can ask for an increase in credit limit. The credit card account you have with Axis Bank should be connected to your online banking. By taking the actions listed below, you can seek an increase in your credit limit.
Step 1: To begin, use your login credentials to access your netbanking account.
Step 2: To access “My Credit Cards Account,” click the Accounts icon.
Step 3: Select the option for limit enhancement
Verify if credit enhancement is available for your credit card. If your Axis Bank credit card is qualified for credit improvement, then make the request and send it in.
Via Mobile App
To seek an increase in credit limit, Axis Bank clients must use the Axis Bank mobile application. You can seek an increase in your credit limit by following the steps listed below.
Step 1: To begin with, log in using your legitimate login information.
Step2: Look for an increase in your credit limit by going to the Credit Cards section.
Step 3: Your card number will be displayed if your card is approved.
Step4: After you decide to raise the request, you can ask for an increase in the credit limit.
Through Call/Email
Customers can also contact the customer service line at 1860-419-5555 or 1860-500-5555 to request an increase in their credit limit. On your credit card, you check if your credit limit has increased. Requests for credit limit increases can also be sent via email to [email protected].
Required Documents for Raising Your Credit Card Limit
To verify your credit limit, you will need to provide the following paperwork. The documents listed below are listed.
The most recent IT Return if you are self-employed, the last three months’ worth of wage slips, and a three-month bank statement indicating salary credit
Axis Bank Credit Card limit Increase
Additionally, you can ask for an increase in your credit limit in the following ways:
- Send an email to [email protected] to reach the bank.
- Dial 18004190072, the Axis Bank Toll-Free number.
- You’ll need to submit a few more papers, such as proof of income.
Check Other Bank Credit Card Limit
Conclusion:
The request for a limit increase will be handled in three to four business days. The bank will decide whether to approve or deny the request for a limit increase. For Axis Bank credit cards, there are no extra fees associated with raising the credit limit. Your credit card would undergo extra internal, real-time checks by Axis Bank prior to the credit limit increase being processed.
FAQs:
Q1. What standards does Axis Bank apply when deciding whether to raise a credit card limit?
Ans: To determine whether to increase a credit limit, Axis Bank considers a number of criteria, including credit history, monthly income, current obligations, card usage, and internal risk assessment.
Q2. How often should I get in touch with Axis Bank to raise my credit limit?
Ans: Wait ideally six months or longer between requests, or until you have demonstrated to Axis Bank that your financial conduct has changed.
Q3. How will my credit score be affected if I ask about my eligibility for an increase in my Axis credit card limit?
Ans: No, there is no harm to your credit score by asking about your eligibility—this is a soft check.
Q4. Does Axis Bank charge a fee for raising a credit card limit?
Ans: There are no fees associated with extending your credit card with Axis Bank.
Q5. If Axis Bank preapproves me for a credit card limit increase, how will I find out?
Ans: There are no fees associated with extending your credit card with Axis Bank.
Q6. Can I refuse a pre-approved credit card limit increase from Axis Bank?
Ans: Indeed. You can let Axis Bank know if you think a greater limit is inappropriate so they can reject the offer.
Q7. How long until the higher limit appears on my credit card once Axis Bank authorizes my request?
Ans: After being approved by Axis Bank, the increased limit usually becomes operational in 3–4 business days.