Karnataka Bank Credit Card Eligibility

Karnataka Bank offers two different credit cards that come with a wide range of benefits. Individuals who wish to avail the credit cards must meet the eligibility criteria. The eligibility criteria may vary on the credit card that is being applied for.

Credit Card Eligibility – Karnataka Bank

The basic eligibility criteria that must be met in order to avail a credit card from Karnataka Bank are mentioned below:

• Credit Score: The credit score plays an important factor when you apply for a credit card. Depending on the credit card, you may need to maintain a minimum credit score.
• Employer: The company that you work for may determine whether you can apply for a credit card from Karnataka Bank.
• Employment: Self-employed individuals and salaried employees can avail a credit card from the bank.
• Income Criteria: Your salary must be at least Rs.18,000 per month.
• Age Criteria: You must be between the ages of 18 years and 60 years to avail a credit card from the bank.

Factors that Determine the Eligibility Criteria

The different factors that will determine the Karnataka Bank credit card eligibility criteria are mentioned below:

• Nationality
• Credit history
• Age
• Income
• Credit score
• Relationship with the bank

Documents Required

The list of documents that must be submitted in order to apply for a Karnataka Bank credit card are mentioned below:

• Passport-sized photograph
• Permanent Account Number (PAN) Card
• Proof of income such as Income Tax Returns (ITR), salary slips, or bank statement
• Proof of identity such as driving license, Voter ID, or Aadhaar Card
• Proof of address such as Voter ID, driving licence, or passport

FAQs on Karnataka Bank Credit Card Eligibility

1. What are the two different credit cards offered by Karnataka Bank?

   The two different credit cards offered by Karnataka Bank are Karnataka Bank SBI Prime Card and Karnataka Bank SimplySAVE SBI Card.

2. What is the annual fee for the Karnataka Bank SBI Prime Card?

   The annual fee for the Karnataka Bank SBI Prime Card is Rs.2,999 plus taxes.

3. What is the annual fee for the Karnataka Bank SimplySAVE SBI Card?

   The annual fee for the Karnataka Bank SimplySAVE SBI Card is Rs.499 plus taxes.