Can i get a Credit Card ? Indian banks

Discussion in 'General Chat' started by motherknucker, Oct 27, 2008.

  1. #1
    I have a debit card. But to get a credit card you need a regular paying job.

    If i earn regularly from adsense. Can i apply for credit card.
    Any suggestions
     
    motherknucker, Oct 27, 2008 IP
  2. getjimmy

    getjimmy Prominent Member

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    #2
    U can get a CC with job also,u need to show some policies if u have even income tax papers will do i guess.
     
    getjimmy, Oct 27, 2008 IP
  3. mdvasanth86

    mdvasanth86 Notable Member

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    #3
    Hey! You can get an add on card if any one in your family has a CC. It is simple and easy!
     
    mdvasanth86, Oct 27, 2008 IP
  4. bornmad

    bornmad Peon

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    #4
    If you dont have a job ( i mean salaried one) , then its very difficult to get a cc.I am facing the same probs..Nowdays due to cc scams , banks have got very strict.Simply a 6-12 months account statement doesnt work now days..
     
    bornmad, Oct 27, 2008 IP
  5. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #5
    If you make few amounts FD's in banks like ICICI,HDFC or AXIS bank then they will provide you CC. Ask this to your branch if you have an account with any of them.

    DON.
     
    deluxdon, Oct 27, 2008 IP
  6. getjimmy

    getjimmy Prominent Member

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    #6
    He is right,just ask for Add-on card.
     
    getjimmy, Oct 27, 2008 IP
  7. iCobra

    iCobra Banned

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    #7
    Adsense incomes can bring you a CC. If you are having a job, you are salaried. If you are making money online, you are self employed. And banks have schemes for self employed people also. Just contact your nearest branch to know details :)
     
    iCobra, Oct 27, 2008 IP
  8. mdvasanth86

    mdvasanth86 Notable Member

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    #8
    Hey people. Then , i have this doubt? Is the money that we make online, from blogging and other stuffs taxable in India ?? Do you pay tax for it ??
     
    mdvasanth86, Oct 27, 2008 IP
  9. nihangshah

    nihangshah Prominent Member

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    #9
    If you make money online from adsense or Paypal transfers to your bank account, then you're liable to pay tax, according to current Income Tax Rules.
     
    nihangshah, Oct 27, 2008 IP
  10. drjupitor

    drjupitor Banned

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    #10
    If you are having problems in getting CC than you ca do a fixed deposit (FD) with that bank and get a CC. You will get that much credit limit as is your deposit. :D
     
    drjupitor, Oct 27, 2008 IP
  11. uttoransen

    uttoransen Prominent Member

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    #11
    get an icici bank account, keep 10k+ INR in your account and they will give you the credit card in no time!

    i contacted SBI for a credit card, they told me to either get married :D or get a 12 Lakh INR life insurence :eek: or simply get a job :rolleyes:
    so i quit my plans of getting an SBI credit card straight away, though when i will be 27+ years old they will give me a credit card without all these conditions, anyways... am 23+ it will take ages,
     
    uttoransen, Oct 27, 2008 IP
  12. Red_Virus

    Red_Virus Well-Known Member

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    #12
    I got a similar answer from HDFC bank in Hyderabad even when i was ready to have an FD with them, good that I have a CitiBank CC when i had my fulltime day job.



     
    Red_Virus, Oct 27, 2008 IP
  13. motherknucker

    motherknucker Guest

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    #13
    Thank you for your information. But i doubt due to global economic meltdown, private banks will give cc to fixed deposit account holders.

    Though i will ask the banks officials
     
    motherknucker, Oct 28, 2008 IP
  14. uttoransen

    uttoransen Prominent Member

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    #14
    i asked icici bank some 1+ years back, they told me that i just have to open an account, and put some funds - 5 to 10 thousand Rs. and they will give me the credit card, [no fixed deposits, etc.]

    I had the addon card that's still doing all that needs to be done, so i just acted lazy and did not bothered to get the account or credit card. Don't know if they changed their rules, but still ask them... and let us know.
     
    uttoransen, Oct 28, 2008 IP
  15. sachin410

    sachin410 Illustrious Member

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    #15
    on the contrary, it makes more sense for the banks to give CC against fixed deposits.

    the fixed deposit acts as a security against default and thus banks never lose any money on such cards.

    the interest charged on such credit cards (secured credit cards) is around 1% compared to the usual 3% on non-secured credit cards.
     
    sachin410, Oct 28, 2008 IP