Bajaj Finserv RBL Bank Credit Cards - Eligibility and Documentation

Note: RBL Bank Ltd. and Bajaj Finance Ltd. have stopped issuing new co-branded credit cards. However, existing cardholders can continue to enjoy the credit card benefits.

Before you apply, check if you meet the following SuperCard eligibility criteria:

• Age between 21 and 70 years

• Resident of India

• Good credit score 

• Stable and regular income

Here is the general list of documents you may keep ready before submitting your online application on Bajaj Markets:

• Proof of Identity:

  • PAN card

  • Aadhaar card

  • Passport
    

• Valid Government Address Proof:

  • Utility bills

  • Aadhaar card

  • Voter’s ID

  • Driving License
    

• Income Proof:

  • Salaried: Latest salary slips, Form 16

  • Self-employed: Income Tax Returns, bank statements

Find the best Bajaj Finserv RBL Bank SuperCards suited to your eligibility and requirements on Bajaj Markets. 

All you have to do is:

• Go to the eligibility calculator and select your employment type

• Enter basic details such as your mobile number and date of birth 

• Click on ‘Check Eligibility’ and proceed

Here is a look into the factors that affect your eligibility.

• Credit History and Score

RBL Bank gives weight to your score, be it from TransUnion CIBIL, CRIF High Mark, Equifax, or Experian. It represents your past behaviour with credit, current debts, and other pertinent information. Typically, a score above 700 is considered satisfactory to be eligible for a credit card.

• Earnings

Your income must match Bajaj Finserv RBL Bank credit card’s specific eligibility requirements for each SuperCard variant. Not qualifying on these terms may contribute to immediate rejection. You may showcase both active and passive income in addition to your earnings from different sources.

• Income Stability

A stable income aids in convincing credit card issuers that you have sufficient funds to pay your bills without defaulting. Salary slips that demonstrate steady earnings or recurring credits in your bank statements are a few markers to help prove this. 

To be eligible for a card that offers better benefits, consider these recommendations:

• If you already own a credit card, pay your bills by the due date on a regular basis 

• Periodically review and understand your credit report to detect discrepancies or shortfalls

• Do not attempt to close credit card accounts with outstanding balances 

• Keep an eye out for pre-approved SuperCard offers from RBL Bank

• Clear off existing debts before you ask the issuer for a card upgrade 

• Apply for a new credit card only if you have the necessary income or once you fit the income criteria

• Maintain a substantial balance in your RBL Bank savings/salary account

• Try to enhance your credit score

If you are not able to satisfy RBL Bank’s credit card eligibility criteria, here are a few alternatives:

• Check Cards From Other Issuers

See if you fulfil other issuers’ criteria as their eligibility terms may be different. By using the eligibility calculator on Bajaj Markets, you may find other cards that you qualify for.

• Get an FD-backed Credit Card

You can utilise your fixed deposit as collateral to acquire a secured card and use it strategically to build your credit score. Once your income and score improve, you can apply for a regular credit card. 

• Go for a Personal Loan

If you require funds for a wedding, health treatment, education, or other needs, get an unsecured loan. Satisfy simple eligibility conditions and pick a comfortable tenor to repay. 

• Explore the Overdraft Facility

You can get a limited extension of credit via your bank account in accordance with your banking relationship with a lender. You can also access this facility through ATMs by utilising the overdraft (OD) option.