Eligibility for Self-Employed Individuals
Self-employed individuals can apply for an HDFC Bank credit card like salaried workers if they meet certain criteria. The age requirement is 21 to 65 years old, with a minimum monthly income exceeding the threshold for the specific card. Additionally, a strong credit score of 750+ is ideal.
HDFC Credit Card Categories
HDFC offers a range of credit cards categorized based on fees and features, making it easier for you to choose the best one. The HDFC Business Regalia Credit Card, designed for self-employed individuals and businessmen, provides benefits such as 5% cashback on select business transactions and 4 reward points for every Rs.150 spent.
Application Process and Requirements
To apply for an HDFC Credit Card, ensure you meet the eligibility criteria, which includes being at least 18 years old with a good credit history. Whether you are an Indian resident or Non-Resident Indian (NRI), you can apply online through the HDFC Bank website under the Credit Cards section. The approval process typically takes up to 21 working days.
Additional Information
Income requirements for credit card eligibility in India generally range from Rs 1,44,000 to Rs 25,00,000 annually for both salaried individuals and self-employed. Card companies primarily consider your credit score, employment status, and income to assess your qualification for a credit card approval.