DOCUMENTS REQUIRED
FOR PROOF OF INCOME
Various categories of applicants are required to submit documentary
proof of their income for ascertaining their repayment capacity
and their credit card limit. The documentary proof of income
may be submitted in any of the under noted forms:
| Salaried
in MNC/ Public Ltd. Cos. |
Form
16/Income Tax return/ Salary Certificate/ Latest
salary slip |
| Salaried
in any other organization |
Form
16/ Income Tax return |
| Self-employed
(including Directors in Pvt. Ltd. Cos.) |
Personal
Income Tax return |
| Additional
documents |
|
 |
The under noted additional documents will help in priority
processing of the application for issue of credit card:
In case applicant is holding any other credit card, last
three months credit card statements indicating regular payments.
(Card tenure should be more than 3 months). Photocopy of
the front and back of the card.
OR
Repayment
on any other unsecured product (Personal Loans etc.), proof
of the loan account being greater than 6 months.
OR
Repayment
schedule of Auto Loans for at least 6 months (Account older
than 6 months).
Please note that the above-mentioned documents will be required
over and above the standard documentation requirements.
NO "DOCUMENT FOR PROOF OF INCOME" OFFER
TO PNB CUSTOMERS
PNB customers, who apply for the card, may be exempted from
submission of the documentary proof of income, in case they
fulfill the under noted criteria:
|
No.
|
Details
|
Savings
Account Holders
|
Fixed
Deposit Holders
|
| a) |
Vintage/
Account more than |
1
year + |
6
months + |
| b) |
Average
balance in the account (over last 3 months) |
Rs.
25,000 |
Rs
25,000 |
 |
All
applicants applying under this guideline must be
above 18 years old. Minors cannot apply under this
scheme. |
|
There
should be no bounced cheques on the account during
the preceding 12 months or other unsatisfactory
conduct on the part of the account holder. |
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|
