To meet the demands of their clients, Axis Bank provides a wide range of credit cards, such as lifestyle credit cards, shopping cards, travel cards, and much more. It is advisable to verify the credit card eligibility requirements before applying for a new Axis Bank credit card in order to prevent needless rejection.
Applying for a card is usually a good idea if you satisfy the requirements for eligibility, including income. The following list contains the requirements for Axis Bank credit cards.
Documents Needed to Apply for a Credit Card from Axis Bank
The following is a list of the documentation you must have on hand when submitting an application for credit.
| Address Proof | Aadhaar Card or Passport |
| Identity Proof | Pan Card |
| Income Proof | Bank Statement or Salary Slip for Last 3 months |
What Determines Your Eligibility for an Axis Bank Credit Card
Your Axis Bank credit card eligibility application is influenced by several things. Here are a few of the contributing factors:
#1. Age:
Lenders take your age into account when you apply for a credit card that is 18 and 60 years. You will need to fulfill the bank’s age requirements. It is likely that you do not have enough credit history if you are slightly older than the bank’s minimum age requirements. If so, you might want to wait to apply for a credit card until you have established your credit history.
#2. Total earnings:
One of the most important factors when applying for a credit card is your salary. When you apply for a credit card, don’t forget to provide all of your monthly income. Possessing a large monthly income increases your chances of getting your credit card application accepted.
#3. Interest-to-Growth Ratio (DTI):
It’s advisable to figure out your debt-to-income ratio prior to asking for financing. By dividing your monthly income by the entire amount of gross debt you have, you may calculate your DTI.
#4. Credit score:
Equifax, Experian, and TransUnion are the three credit reporting companies in India that periodically determine your credit score. 300–800 is the possible range for a credit score. Creditworthiness is enhanced by a good credit score. You might have your credit card application denied if you have a low credit score.
#5. Absence of credit history:
You may not have credit history if you are a recent graduate or have only recently begun working. In this scenario, lenders won’t be able to evaluate your creditworthiness or ability to repay debt, and your application could be turned down.
Additional Elements
- Many credit inquiries
- A substantial balance owed on your current credit cards
- The quantity of credit cards you own Current lateness on your credit record
- “Settled” or “Charge-off” entry on your credit record
- Stability of employment
How to Become More Eligible for Credit Cards from Axis Bank
If your application for a credit card is denied, you have the option to reapply after your eligibility has improved. You may increase your eligibility for credit cards in a few ways, including:
- Boost your credit rating.
- Pay every invoice on schedule.
- Steer clear of making several hard credit card inquiries.
- Keep your debt-to-income ratio in check.
- Pay your bills on time and have a healthy credit utilization ratio if you already have a credit card.
Steer clear of penalties, late fees, and check bonuses on all of your open credit accounts.
To obtain better credit card terms, think about raising your income and lowering your overall debt.
Other Axis Bank Credit Cards
In addition to the aforementioned cards, Axis Bank provides a variety of different credit cards to meet the varied demands of its customers. Below is a list of some of the other well-liked Axis credit cards:
| Credit Card | Annual Fee | Best Suited For |
| Airtel Axis Bank Credit Card | Rs. 500 | Bill Payments |
| Axis Neo Credit Card | Rs. 250 | Entertainment & Shopping |
| Axis REWARDS Credit Card | Rs. 1,000 | Reward Points |
| SpiceJet Axis Bank Voyage Black Credit Card | Rs. 2,000 | Travel |
| Axis Privilege Visa Credit Card | Rs. 1,500 | Reward Points |
| Axis Bank Pride Signature Credit Card | Rs. 500 | Reward Points (for Indian Defense Personnel) |
Check Other Bank Credit Card Eligibility
FAQs:
Q1. In a month, I’ll turn eighteen. Can I submit an application to get a credit card from Axis Bank?
Ans: No, you won’t be able to apply for an Axis Bank credit card until after one month. An applicant must be at least eighteen years old when submitting an application for a credit card through the bank, in accordance with the basic eligibility requirements of the card issuer.
Q2. As an Indian, I do not reside here (NRI). Will Axis Bank be able to provide me a credit card?
Ans: Yes, as the card issuer permits Indian citizens and non-residents to apply for the cards, you will be able to obtain a credit card through Axis Bank.
Q3. Is it possible to use my Axis Bank credit card to make purchases overseas?
Ans: It is possible to make foreign purchases with Axis Bank credit cards. However, because of the variations in currency values, it should be remembered that there may be some variations in how the amount is charged on the credit card.
Q4. If my sole bank account is for a credit card, can I still use the Axis OK smartphone application?
Ans: The Axis OK mobile app may be used in conjunction with your credit card account, yes.
Q5. How should I proceed if my application for an Axis Bank credit card is denied?
Ans: If your application for an Axis Bank credit card is denied, you can contact the bank to get the precise reason. The most common reasons credit card applications are denied are when the applicant fails to fulfill all eligibility requirements or provides inadequate information or supporting documentation. You may wait in these situations and raise your credit score at the same time. Your application’s likelihood of being approved is increased by doing this.