Note: This article is outdated, as many of the below listed banks have merged with other banks or have discontinued or changed their eligibility criteria. But you may visit this article on
credit cards for poor income earners with minimum income of Rs. 10,000 per month.
Card companies are always keen to give access to credit but eligibility criteria makes it tough for many to avail the opportunity. Whether you are self employed or salaried, income plays a key factor in approval. And individuals with low income are always deprived of credit although they need it the most. However remember that, income is never the only deciding factor but is the most important factor.
Listed below are the credit cards for individuals earning minimum Rs. 10,000 per month i.e. Rs. 2,44,000 per annum. Typically banks ask for net income i.e. how much money you make after taxes and other deductions.
Vijaya Bank
| Credit Card Name | Monthly Income Required (In Rs.) |
| Visa Classic | 5,000 |
| Visa Global | 10,000 |
- Applicant should be account holder of the bank.
- Credit limit is Rs. 2,00,000 and above
- Both the cards are valid for 3 years.
- You can get add-on card for your family members.
- Joining and annual fee is Rs. 400.
- You can also get these cards against fixed deposit. For Global, FD amount should be Rs. 1,00,000. And for Classic card, amount should be Rs. 50,000.
Syndicate Bank
| Credit Card Name | Monthly Income Required (In Rs.) |
| Classic | 5,000 |
| Gold | 12,500 |
- It is a lifetime free credit card.
- Primary card holder can apply for add-on card.
- Owner of the card can have his/her photo on the card.
- Free credit period from 20 days to 50 days.
- Cards are issued for 5 years.
Jammu and Kashmir Bank
| Credit Card Name | Monthly Income Required (In Rs.) |
| Empowerment | 6,666 |
| Empowerment | 12,500 |
- There are three variants – Blue, Silver, Gold
- Add-on card can be availed by the primary card owner
- 20-50 day credit free period
- Credit limit is Rs.25,000 (Blue), Rs.50,000 (Silver), Rs.1,00,000 (Gold)
Indian Bank
| Credit Card Name | Monthly Income Required (In Rs.) |
| Gold | 12,500 |
| Classic | 12,500 |
Central Bank of India
| Credit Card Name | Monthly Income Required (In Rs.) |
| MasterCard Titanium | 12,500 |
| Visa Gold | 12,500 |
| RuPay Platinum | 12,500 |
- Free credit period upto 55 days
- 1 reward point for every Rs. 100 spend
- There is no joining fee
- Card owner gets personal accident cover (against death) of Rs. 1,00,000
Canara Bank
| Credit Card Name | Monthly Income Required (In Rs.) |
| Canara Visa Classic / MasterCard Standard | 8,333 |
| Canara Gold | 16,667 |
- Minimum card limit is Rs.25,000 and maximum of Rs. 25,00,000.
- No joining fee
- Maximum Rs. 50,000 cash advance limit
Corporation Bank
| Credit Card Name | Monthly Income Required (In Rs.) |
| Gold | 15,000 |
- Photo of the card holder is present on the card
- Primary card owner can get add-on card for his/her family members
- Free credit period of maximum of 50 days
Bank of India
| Credit Card Name | Monthly Income Required (In Rs.) |
| India Card | 6,250 |
| Visa Gold | 12,500 |
| Visa Gold International | 12,500 |
- Card can be used for domestic purpose only
- You can get add-on card for family members
- Flexible credit limits for add-on cards
Bank of Baroda
| Credit Card Name | Monthly Income Required (In Rs.) |
| Titanium | 16,667 |
- Free add-on card
- Free personal death cover
- Up to 50 days of interest free credit period
Axis Bank
| Credit Card Name | Monthly Income Required (In Rs.) |
| Axis Bank Gold | 12,500 |
- No joining and annual fee
- Up to 50 days free credit period
- 1 reward point on Rs. 100 spend
Andhra Bank
| Credit Card Name | Monthly Income Required (In Rs.) |
| RuPay Platinum | 15,000 |
- Interest free credit period of 21 to 50 days
- Personal Accidental Insurance Coverage of up to Rs. 2,00,000
- Get add-on card for family members
However remember that income is just one of the eligibility factor for all of the above listed card issuing banks.
Other factors include:
- Company you work for
- Credit history should be good
- City you reside in
- 18 years of age
- Should be salaried or self-employee
Author Bio:
Hi, I am Nikesh Mehta owner and writer of this site.
I’m an analytics professional and also love writing on finance and related industry. I’ve done online course in Financial Markets and Investment Strategy from Indian School of Business.
I can be reached at
nikeshmehta@allonmoney.com. You may also visit my
LinkedIn profile.
