AXIS Bank Credit Card Limit

As mentioned above, the limit on your Axis Bank credit card will be decided by Axis Bank. Following are the factors that affect your credit card limit.

1. Salary or Income

The usual rule of deciding credit limit on the card is two or three times of the monthly income one earns. This case is applicable to the salaried people and for the self-employed people the last year financial balance sheet income is applied. People with good financial background get a better limit.

2. Credit Score

Credit Score forms an important part in deciding the credit limit of the customers. 750 is an acceptable score by the banks. People with lower score have lower chances of getting approved for a credit card and even if they do, the bank might offer them a lower credit limit on the card.

3. Ongoing Loans and EMIs

If a customer has an additional liability to pay from the monthly income than the limit of the credit card is affected adversely. For example, if a customer’s net monthly income is ₹ 1 lakh and he has an EMI of ₹ 40,000 on some loan than his credit card limit reduces as he/she already has a liability to pay.

4. Previous Relationship with the bank

A bank always looks for a long term customer maintaining a good relationship. The relationship can be of any type like saving account, current account, salary account and etc. The bank checks the history of the customers and accordingly decides the limit on the card that is to be provided.

5. Relationship between Credit card and CIBIL Score

In today’s world credit card has become a necessity of a person instead of being a luxury product. All the required documents as per the bank rules are to be submitted to the bank which includes PAN card, address proof along with the application form. An applicant with the CIBIL Score of 700 -750 and above are usually accepted by the banks to issue the cards. Applicant with a lower CIBIL Score is rejected otherwise. But this is just one of the reasons for your card to get rejected.All banks reserve the right to issue the credit card for the customers and as well to decide the limit on the card for the customers.

Usually, the bank gives pre-approved credit limit increase to the eligible individuals. Axis Bank regularly identifies eligible cardholders based on their internal risk policy and sends them an offer on their registered mobile number of email ID. No additional documentation is required to avail credit limit increase if you are pre-approved by the bank.Usually, the bank gives pre-approved credit limit increase to the eligible individuals. Axis Bank regularly identifies eligible cardholders based on their internal risk policy and sends them an offer on their registered mobile number of email ID. No additional documentation is required to avail credit limit increase if you are pre-approved by the bank.

You can check your eligibility for limit increase on your Axis Bank credit card in three ways- Mobile App, Website, Call and SMS.

Checking eligibility for Axis Bank credit card limit increase through website

• Visit Axis Bank’s internet banking portal.
• Login using your ‘Customer ID’ and Password.
• Click on Accounts and go to the My Credit Cards section.
• Select the ‘Check for Limit Enhancement’ option.

If you are eligible, it would be mentioned along with the period for which the offer is valid.

Checking eligibility for Axis Bank credit card limit increase through Mobile App

• Download Axis Bank mobile app.
• Login using your Customer ID and Password.
• Select ‘Credit Cards’ and click on ‘Your Credit Card’.
• Go to the ‘Total Controls’ tab and Click on ‘Check for Limit Increase’.

If you are eligible, it would be mentioned along with the period for which the offer is valid.

Axis Bank credit card limit increase SMS

SMS CLE XXXX (last 4 digits of your card number) to 5676782 from your registered mobile number to check whether you are eligible for a limit increase on your Axis Bank credit card.

How to Increase Axis Bank Credit Card Limit

You can also request a credit limit increase through the following ways-

• Write an email to the bank at customer.service@axisbank.com.
• Call on Axis Bank Toll Free number at 18004190072.

You will be required to provide some additional documents such as income proof.

Terms and Conditions:

• The limit increase request will be processed within 3-4 business days.
• Approval or rejection of the limit increase request is at the sole discretion of the bank.
• There are no additional charges for credit limit increase on Axis Bank credit card.
• Axis Bank would run additional internal real-time checks on your credit card before processing the credit limit increase.