While you may have all the finances planned out, a significant requirement could arise. You may find yourself in a fix in such cases. Approach the bank and apply for credit to find your way out of the fix. Every bank has different credit products. Each offers different features and benefits. Consider your requirements and apply for a suitable one.

A Credit Card apply lets you enjoy a pre-approved line of credit. You can use them to make various offline and online purchases and transactions. You can repay Credit Card dues in Equated Monthly Instalments at your convenience.

Credit Card eligibility criteria

Every bank follows different Credit Card eligibility criteria. The following are the essential criteria that you should consider:

• You need to be within the age bracket of 18 to 70 years to be a primary card applicant.
• The minimum income requirement varies between banks and the card chosen. Typically, if you have an excellent income, banks readily extend a Credit Card with a higher line of credit.
• You need a good credit score and history to apply for a Credit Card. You can learn about your credit scores on several financial websites.

You can apply for Credit Cards with your chosen bank if you meet the eligibility criteria mentioned above. Just fill out a form and submit a set of documents. You can do so by visiting the nearest bank branch or via the bank's online platforms. This only takes a few minutes.

Credit Card document requirements

Keep the following documents handy to apply for a Credit Card:

• Two latest passport-size photographs
• A photocopy of your PAN Card
• Identity proofs – PAN Card, Aadhaar, Driving license, or Passport
• Address proofs – Passport, ration card, electricity bill, or telephone bill
• Income proofs – Latest pay slips, previous year's Income Tax Return filing, Form 16

Note that this is again a generic document list for applying for a Credit Card. The bank may ask you to submit a few additional documents based on their procedure. Ensure that you keep them handy.

Ways to boosts Credit Card eligibility

The bank's Credit Card offerings and interest rates depend on your eligibility. Hence, you should maintain a sound financial profile. Your income and credit scores are the most important factors to work on. You can club your investment returns to increase your overall income. Make timely repayments to better your credit scores. Avoid over-utilisation of credit. It means you highly rely on credit to meet your daily expenses. Banks should avoid extending Credit Cards to such applicants.