Payment cards have become a part of our day-to-day life. The debit cards are issued by the bank to all the eligible customers who hold a bank account. But if the customer wants to get a credit card. Then he or she has to apply for one. Today we will learn how you can apply for Canara Bank credit card.
What are the Eligibility Criteria for Canara Bank Credit Card?
Before you get started with the process you should know about the eligibility criteria for the card. There are different criteria for the salaries and self-employed customers.
Eligibility Criteria for Salaried Customer: Last 3 Months Salary Slip, resident Indian, and the age should be equal or more than 18 years.
Eligibility Criteria for Self-employed Customer: The customer should be a resident Indian. And the customer should submit the income tax returns for the last 3 years.
How Much Can be the Credit Card Limit?
The minimum credit limit of the Canara Bank credit card is Rs. 10,000. And the maximum can be Rs. 25,00,000.
Is Credit Score Necessary?
Yes, you should have a good credit score in order to be eligible for a credit card.
What are the Different Variants of Canara Bank Credit Card?
There are 7 different variants of Canara Bank credit cards and they are,
- Classic.
- Gold.
- Secured.
- World.
- Select.
- Platinum.
- Corporate.
Data as of 02/12/2021.
How Much is the Annual Income Requirement?
Refer to the table below for more details.
| Variant of Card | Required Annual Income |
| Classic | Rs. 1,00,000 |
| Gold | Rs. 5,00,000 |
| Secured | Rs. 5,00,000 |
| World | Rs. 5,00,000 |
| Select | Rs. 5,00,000 |
| Platinum | Rs. 5,00,000 |
| Corporate | Rs. 5,00,000 |
Is there a Reward Program?
Yes, there is a reward program and you will be earning the points for the transaction you make with your credit card. You can check the reward points you have earned and can also redeem them.
The Process to Apply for Canara Bank Credit Card
There are so many third-party websites that can be used to apply for the card. But I recommend you to use the official website of the bank.
There is an issue with the credit card page of Canara Bank’s official website. And that is there is no “Apply” button there.
But there is no need to worry as you can still apply for the card using the official website of the bank. That is with the help of internet banking services.
Visit the official website of Canara Bank and login into your account by entering your Customer ID and Password. Once you have logged in click on “Cards” → “Apply for Credit Card”.
Select the card of your choice and click on the “Apply for Credit Card” button.
Now enter your basic information like your name, annual income, and mobile number. Read and accept the terms of the bank and click on the “Apply” button.
Conclusion
Once you apply for the card, the bank will check your credit score. If you are eligible for the card then you will be contacted by the representatives of the bank. But make sure you don’t share any details like your username, password, and OTP. The bank representatives will never ask for such details.