The right customer
- Salaried customers with 6+ months of employment
- Customers with an existing relationship with the issuing bank
- First-time users who can start with a secured card
What lenders look for
- Private banks issue most cards and decide quickly for salaried customers.
- Public sector banks suit their own account holders.
- Fintech issuers suit younger, digital-first customers.
Documents to collect
- PAN and Aadhaar
- Salary slip or ITR
Common rejection reasons
- Income below the card's minimum
- Too many recent card applications
- Existing card dues unpaid
- Address cannot be verified
- Applied for a premium card too early
A worked example
Illustrative case
Customer: salaried, ₹45,000 a month, no card yet, score 740.
Recommend an entry card from the salary-account bank. Payout on cards is usually a fixed amount per approved card.