MyLoanCare is a FREE of cost service for borrowers Apply Online

MyLoanCare - Baat Aapke Interest Ki

MyLoanCare Customer Ratings - 4.5/5.0 Apply Online

Standard Chartered Bank Credit Card Eligibility

Standard Chartered Credit Card Eligibility Criteria

Last Updated 07th Apr 2021

Basic eligibility factors for Standard Chartered Bank credit card are:

Minimum Age21 years
Minimum Income₹ 27,500
Minimum Credit Score650
ITR Months12 months for self employed
ITR Amount₹ 5,00,000 for self employed

Check Eligibility Criteria for Standard Chartered Credit Card

Standard Chartered offers a number of credit cards that offer a number of benefits to the cardholders such as reward points, high credit limit, and interest rates amongst others. However, in order to avail the best out of Standard Chartered credit card, one is required to fulfil the below-mentioned eligibility factors. These are listed as follows:

Age: The age of the applicant is an important factor to avail Standard Chartered credit card. The age, however, varies across occupation. Salaried applicants are required to have a minimum age of 21 years. However, self-employed applicants must fulfil the minimum age criteria of 21 years to get Standard Chartered credit card.

Income: In order to avail of any of the Standard Chartered credit card, you are required to have a regular source of income with a minimum income requirement of ₹ 27,500. The higher the benefit, the larger is the income requirement.

Credit Score: An applicant must have a good credit score to get a credit card. The credit score required for Standard Chartered credit card is 650 and above with no defaults in payments.

ITR: Putting forth the ITR of a self-employed individual is required to avail Standard Chartered credit card. Different credit card lenders ask for ITR documents for certain months. Standard Chartered requires one to have a minimum ITR of 12 months. In addition to the number of months, one is required to have filled a minimum ITR of ₹ 5,00,000.

Documentation: To get a credit card from Standard Chartered, an applicant must provide the required documents such as age proof, address proof and income proof. However, the documentation may vary if you are an existing customer of the bank.

Standard Chartered Credit Card Eligibility Criteria for New Applicants

The eligibility requirements for Standard Chartered credit card for new applicants varies across the applicant’s occupations. Thereby the Standard Chartered credit card eligibility differs across salary and self-employed applicants.

Eligibility Criteria For Salaried Employees

Standard Chartered credit card eligibility factors for salaried employees are listed as follows:

Minimum Age21 years
Maximum Age65 years
Minimum Banking Months6 months

Eligibility Criteria for Self Employed

Standard Chartered credit card eligibility factors for self-employed applicants is:

Minimum Age21 years
Maximum Age64 years
ITR months12 months
ITR Amount₹ 5,00,000
Minimum Banking Months6 months

Factors Affecting Standard Chartered Credit Card Eligibility

There are a number of factors that affect Standard Chartered credit card eligibility. These are explained as follows:

Applicant’s credit score: A credit score is a mirror of a person’s financial worth or creditworthiness.‭ ‬Thereby, the lower the score‭ , the ‬lesser is the reliability factor on an applicant.‭ ‬Standard Chartered credit card with higher facilities requires a high credit score to avail Standard Chartered credit card to maintain a minimum credit score of 650.

Age: The age of the applicant is an essential factor for Standard Chartered credit card. The card can be availed only within the prescribed age limit of an individual ranging between 21 to 65 years.

Applicant’s current organization: Current organization is an important factor in consideration for salaried employees. Similar to other credit card lenders, Standard Chartered also have various organizations shortlisted as the trusted companies. Thereby, any applicant working in the reputed, trusted company applies for a Standard Chartered credit card, then the chances of getting a card are easy.

Existing customer relationship: Existing Standard Chartered customers have an easy chance to get Standard Chartered credit card. However, this is possible only when the bank is assured of your financial ability based on criteria such as minimum account balance maintained or the repayment of EMIs. Banks usually keep low-income criteria for existing customers.

FAQs

Who is eligible for an Standard Chartered credit card?

You can avail the Standard Chartered credit card if you fall between the age bracket of 21 to 65 years. Apart from that, if you are salaried, you need to earn a minimum salary of ₹ 27,500 per month, whereas self-employed individuals are required to earn a minimum of ₹ 5,00,000.

What is the maximum limit of an Standard Chartered credit card?

The maximum limit for Standard Chartered credit card depends on the cardholder’s income and the timely repayment of dues. Apart from that Standard Chartered credit card offers an interest rate of 3.49% on non-repayment of bills on time.

What is the minimum salary required for an Standard Chartered credit card?

The minimum salary required for a Standard Chartered credit card varies across the applicants’ occupation, thereby the salary bar is different for salaried, self-employed and businessman. For salaried, the minimum requirement is ₹ 27,500 and for the non-salaried category, it is ₹ 5,00,000.

What is the minimum credit score for Standard Chartered credit Card?

A good credit score is indicative of one’s financial credibility, thereby one must hold a good credit score. Standard Chartered credit card requires one to have a minimum credit score of 650.


Notification ×
  • Home Loan

    Home Loan at all-time low rates starting at 7.99%. Cashback of up to ₹ 1,000.

    Apply Now
  • Personal Loan

    Instant Personal Loan starting at 10.25% with Cashback of up to ₹ 1,000 .

    Check Offers
  • Gold Loan

    Instant Gold Loan starting at 9.50% with Cashback of up to ₹ 500

    Apply Now
  • Loan Against Property

    Best Loan Against Property Offers starting @ 10.10%. Cashback of up to ₹ 1,000*.

    Apply Now
  • Business Loan

    Collateral Free Business Loan Rates starting at 14.00% with Overdraft facility.

    Apply Now
  • Fixed Deposit

    AAA rated FDs with returns as high as 6.95%.

    Invest Now
Standard Chartered Credit Card News - Jun 2021
  • 2019-09-04 : Digi smart credit card by Standard Chartered Bank
    In a bid to add more to the convenience of financial transactions, Standard Chartered launched its Digi smart credit card on September 3, 2019. The card will offer instant discounts on various brands like Myntra, Zomato, INOX, Grofers, and Ola, among others. Further, the card is available for a nominal fee of Rs 49.
  • 2019-08-26 : Bandhan Bank launches a co-branded credit card with Standard Chartered Bank
    Bandhan Bank has launched a co-branded credit card in association with Standard Chartered Bank. The card would be offered to the savings account holders of the bank across bank branches. The card has three variants i.e., one, for the mass market, Plus, for the affluent segment and Xclusive, for the premium segment.
  • 2018-12-14 : VIVA and Standard Chartered introduce co-branded card
    VIVA Bahrain and Standard Chartered Bank jointly announced introducing an exclusive co-branded credit card and a deal that allows standard Chartered Bank to expand its financial services offerings through VIVA, Bahrain. The holder of this card will also get access to more than 800 airport lounges around the world. The credit card is scheduled to be launched in January 2019 and is designed to offer value-added benefits tailored to a customer base of VIVA.
  • 2017-09-28 : Standard Chartered Bank launches Good Life platform for its debit and credit cardholders
    Standard Chartered Bank has announced the launch of an international platform, Good Life. This platform showcases attractive offers and special promotions by the bank to its debit and credit cardholders. With this launch, the bank aims to provide maximum satisfaction to its card base.
  • 2017-09-20 : Standard Chartered Bank launches "Ultimate" credit card
    To bring in world class privileges to customers, Standard Chartered has launched Ultimate credit card that will be a compelling product in the HNI & affluent segments. Range of benefits like Rs. 10,000 cash back on spends on specific travel portal, 25 per cent instant discount at top 200 restaurants and other feature rich offerings at a nominal fee of Rs. 5,000.
*Terms and conditions apply. Credit at sole discretion of lender, which is subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and collected from public sources. Read More
Loader
Please wait while your information is being processed...