List of Credit Cards available for Individuals who have salary of Less than Rs.15000 per month
Is your monthly income is below Rs.15000 per month or 3 lakh per annum ITR so don’t feel sad, here’s the list of credit cards for which you are eligible. Read the article & apply for the best one which offered the most for you.
Some Government banks offers credit card to individuals who have income of Rs.8000 per month. These banks are like – Corporation Bank, Canara Bank, Bank of India etc.
First Check which are the 4 basic documents you have to provide to the bank at the time of fill the application form:
-
- 3 Months Salary slip
- Income tax return document (ITR or Form 16)
- Pan Card
- Latest bank statement where the salary credited is for minimum 3 months
Here’s the List of Credit Card’s which are available for Low Salary / Income Customers
CANARA VISA CLASSIC / MASTERCARD STANDARD GLOBAL CARD
This is an entry-level card, which is brought out in association with VISA international/ MasterCard and enjoys worldwide acceptance. Canara card Visa Classic/MasterCard Standard is designed to meet your moderate life style with anything you might need to make your experience a sheer pleasure.
Features of Visa Classic/MasterCard Standard Cards
| Particulars | Details (For Individuals) |
| Eligibility: |
|
| Maximum card limit- | 30% of annual income at the discretion of the card division. Maximum card limit Rs. 3 Lakhs |
| Enrollment Fee | Free |
| Free Credit period | Up to 50 days |
| Minimum repayment on Revolving Credit | 5% of the billed amount subject to min. Rs.100 |
| Cash advance limit (against credit card account) | 50% of the credit limit with a maximum limit of Rs. 50000 |
| Cash withdrawal at all ATMs | Available. In other bank ATMs charges as applicable |
| Replacement card free of cost on usage abroad upon returning to India (on request) | Available |
| Complimentary Insurance cover for Accident Death Baggage insurance Purchase protection Cover Lost card Liability | Death due to Air crash Self — Rs 4,00,000 lakhs Spouse–Rs 2,00,000 lakhs Death due to other than Air crash Self —–Rs 2,00,000 lakhs Spouse- Rs 1,00,000 lakh Rs 25,000 Rs 25,000 Restricted to maximum of Rs. 2000/- from the time of authentic information of loss of card at our end. |
Bank of India Visa Gold International Credit Card
Features
- Maximum amount of cash that can be withdrawn from – ATM – Rs. 15,000 per day
- Maximum amount of withdrawal on ATM is 50% of the spending limit.
-
Minimum Annual Income Of Rs. 1.50 Lakh (12500 per month)
- Annual Fees are Rs.600
