What is the Minimum CIBIL Score Required for HDFC Credit Card?
Last Updated : Jan. 13, 2025, 12:38 p.m.
Many people use a credit card nowadays, since it enables them to take advantage of special deals and discounts, cashback, etc. A credit card will provide you with a credit limit, which is the maximum amount a person can spend using it. A large credit limit enables the consumer to purchase an increasing number of things using their credit cards. However, for a large credit limit, you must maintain a decent CIBIL score. The score reflects a person’s financial history including whether or not they have made their payments on time. HDFC bank is one of the most popular banks in India. It offers various types of credit cards. However, just like every credit card issuer, the bank will also check your CIBIL score to provide you with a credit card. Let us now see what the minimum CIBIL score required for the credit card is.
CIBIL Score for HDFC Bank Credit Cards
A CIBIL score is a three digit number in the range of 300 and 900. It represents your creditworthiness. A score of 750 or above is considered good for HDFC Bank credit cards. For this score, you will receive a quick approval. You will also get a high credit limit. For scores lower than 750, you will still get a credit card at the discretion of the bank. However, the credit limit sanctioned will be low. The applicant will have to pay a high interest rate for it. Apart from this, HDFC Bank also places some restrictions on the use of credit cards issued with low credit scores.
How to Check the CIBIL Score before Applying for the HDFC Credit Card?
You can check your Cibil Score on the official website of Wishfin. If you find that your score is 750 or above, then you can easily apply for the HDFC Credit Card. You just have to follow the steps given below in order to view your credit report.
Step 1: Open the official website of Wishfin
Step 2: Visit the ‘CIBIL score’ page
Step 3: Enter your first name, middle name, and last name
Step 4: Provide your date of birth and select gender
Step 5: Enter your PAN Card number
Step 6: Type your net monthly income
Step 7: Give your employment status and employer name if you are salaried.
Step 8: Give the contact details such as the mobile number and email address
Step 9: Accept the terms and conditions
Step 10: Finally, click on the submit button.
The details you will get after checking your CIBIL score are as follows:
- A Summary of your Credit History
- The name of the Applicant
- Social Security Number of the Individual
- Your existing credit cards
- Your running loans
- The amount of money yet to be paid to the bank
- Your repayment history
Conclusion
Well, you know the minimum HDFC Cibil Score Required for its HDFC Credit Card and if you are unaware of your recent Cibil Score then you can check it on the website. Every credit card issuer will check your Cibil Score before it gives you a credit card. So make sure that you maintain a Cibil Score of 750 and above so that you can get quick approval and a high credit limit for the HDFC Credit Card.
Frequently Asked Questions (FAQs)
