2019: 27 Credit Cards for Rs.25,000 Income Earner

The most important eligibility criteria for getting credit card approval is the income of the applicant. If the income is low, getting a card becomes very difficult.

The basic logic behind higher income is to evaluate credit worthiness of the applicant. Since most of the credit cards are unsecured (i.e. no security is required); the risk of granting credit is quite high for the lending bank. The reason for high risk is defaulting i.e. the borrower doesn’t payback the money, resulting in non-performing assets (NPA) which adds to the loss to the bank. 

However this does not mean, low income earners can never get a credit card. Ideally bank requires a minimum income for every credit card offered.

Credit Cards for Income Rs.25,000 or Less 

Here’s the list of banks where individuals with income Rs.25,000 can apply for credit cards:

Vijaya Bank

Credit Card NameMonthly Income Required (In Rs.)
Visa Classic5,000
Visa Global10,000
  • Applicant should be account holder of the bank.
  • You can also get add-on card for your family members against both these cards.
  • Both the cards are valid for 3 years.
  • 50% cash withdrawal limit is applicable on both these cards.
  • 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 NameMonthly Income Required (In Rs.)
Classic 5,000
Gold 12,500
  • No joining or annual fee. It’s a lifetime free card.
  • Owner of the card can have his/her photo on the card.
  • ATM cash withdrawal allowed upto 15% for Classic Cards & 25% for Gold Cards
  • Card user gets 1 reward points for every Rs. 400 spend.

Jammu and Kashmir Bank

Credit Card NameMonthly Income Required (In Rs.)
Empowerment6,666
Empowerment12,500
  • There are three variants – Blue, Silver, Gold
  • Add-on card can be issued
  • Cash withdrawal facility upto 20% of total credit limit
  • Credit limit is Rs.25,000 (Blue), Rs.50,000 (Silver), Rs.1,00,000 (Gold)

Indian Bank

Credit Card NameMonthly Income Required (In Rs.)
Gold12,500
Classic12,500

Dhanlaxmi Bank

Credit Card NameMonthly Income Required (In Rs.)
Gold25,000
  • 5% cash back when card is used for buying in supermarkets and departmental store
  • Free insurance cover

Central Bank of India

Credit Card NameMonthly Income Required (In Rs.)
MasterCard Titanium12,500
Visa Gold12,500
RuPay Platinum12,500
MasterCard World25,000
RuPay Select25,000
  • Upto 55 days of credit-free card usage
  • 1 reward point for every Rs 100/- spend
  • Joining fee is NIL
  • Personal Accident Cover (against death) of Rs. 1,00,000

Canara Bank

Credit Card NameMonthly Income Required (In Rs.)
Canara Visa Classic / MasterCard Standard8,333
Canara Gold16,667
  • Card limit is up to 50% of annual income
  • Up to 50 days free credit period
  • Complimentary Insurance cover for accidental death, lost baggage, purchase protection cover, lost card liability

Corporation Bank

Credit Card NameMonthly Income Required (In Rs.)
Gold 15,000
  • There are 3 variants – Gold, Platinum, Signature
  • Photo of the card holder is present on the card
  • Add-on cards can be issued for family members

Bank of India

Credit Card NameMonthly Income Required (In Rs.)
India Card6,250
Visa Gold12,500
Visa Gold International12,500
  • Up to 51 days interest free credit
  • You can get add-on card for family members
  • ATM cash withdrawal of up to Rs. 50,000 per day

Bank of Baroda

Credit Card NameMonthly Income Required (In Rs.)
Titanium16,667
Bombay Bullion25,000
  • 5 – 10 rewards points per Rs. 100 spent
  • Minimum 0.5% cashback
  • Zero annual fee based on card usage

Axis Bank

Credit Card NameMonthly Income Required (In Rs.)
Axis Bank Gold12,500
  • No joining and annual fee
  • Up to 50 days free credit period
  • 1 reward point on Rs. 100 spend

Andhra Bank

Credit Card NameMonthly Income Required (In Rs.)
RuPay Platinum15,000
Visa Classic25,000
RuPay Select25,000
  • 50% of credit limit cash advance facility
  • No joining fee
  • Up to 50 days free credit period
  • Free lost card insurance cover

YES Bank

Credit Card NameMonthly Income Required (In Rs.)
YES Prosperity Rewards Plus25,000
  • Applicable for both salaried and self-employed
  • Also available against fixed deposit
  • Coverage in case of accidental death
  • Rs. 125 waiver in statement cycle

Author Bio – Chandra Mehta:

This article has been written by Chandra Mehta.

Chandra is a seasoned banker with 35+ years of experience in banking and financial services industry. He’s a retired banker and has served as Chief Manager and Assistant Vice President in State Bank of India/or its subsidiaries.

He has authored many articles on this site (allonmoney.com).

He can be reached at [email protected]. You may also visit his LinkedIn profile.

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