How To Get Your First Credit Card In India Without Income Proof

In India, it’s relatively easy to get a Credit Card if you have a long & healthy relationship with your bank but if you are in your teen & you don’t have any income proof like ITR or Salary Slips etc, then it may become pretty tough for you to get a credit card from your desired bank/s…

If you don't already have a loan or a credit card or never had them in the past, you most probably won't have any CIBIL score & no banks or credit card companies would want to give their credit cards to people who have absolutely no CIBIL or credit history… 

In this article, I will try to guide you on how to get your VERY FIRST Credit Card without income proof from almost any top banks in India…

First of all, I would suggest you to choose which bank’s credit card you want…If you ask me, ICICI bank’s credit cards have the most online offers so here I will guide you how to get a Credit Card from ICICI Bank without any ITR or salary slips…

1) You will need to go to your nearest ICICI bank branch & open a Fixed Deposit there…Remember that, you will get about 80-85% credit limit of your FD amount…

For example, if you create an FD of 50k INR, then your credit card’s credit limit will be about 40000-42500…So, you will need to first calculate how much credit limit you want & according to that, you will need to open an FD…

2) After the Fixed Deposit has been opened with the bank, you can simply ask for a Credit Card based on that Fixed Deposit…In this case, the bank will issue you a credit card without any kind of income proof..

3) Make sure you know that, if you close your FD, your credit card will also be closed as the card will always be linked with your FD…

4) Use the card well for atleast 2-3 years & NEVER miss a single due date…Your CIBIL score will increase to a very good level & then you can apply to another bank cards on card to card basis using your existing card & most credit card companies would love to have you as their customer…

When you build a decent CIBIL score after using your first credit card properly for few years, then you can also apply for more credit cards from other banks without any income proof…

You can read my article on, How To Get Multiple Credit Cards On Card To Card Basis Without Income Proof…Do check that article if you already have an existing credit card & want to have more cards in your wallet…

The above procedure of getting a new credit card will work on all the banks…I have just given the example of ICICI Bank here but you can do an FD & get a credit card from most Indian banks like SBI, HDFC, Axis etc…So, this is the way, you can get your first credit card without income proof from any major Indian bank…
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Interesting article to read : How To Check Genuine CIBIL Score In India For Free.

If you are trying to destroy a blocked or expired credit card, do read : How To Properly Destroy Your Expired or Blocked Credit and Debit Cards.
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By Sushrut

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