Eligibility & Required Documents Applying for New Credit Card- Credit Card Fact

Eligibility & Required Documents Applying for New Credit Card- Credit Card Fact

The basic eligibility criteria required to apply for a new Credit Card in Bangladesh are as follows. Lack of documents or information your applications may decline/rejected.

Basic Eligibility Criteria:

  • Age range for the primary cardholder is 21 years to 60 years
  • Age range for the supplementary cardholder is 18 year to 60 years 
  • Age bar can be relaxed for secured cards
  • Nationality must Bangladeshi

Minimum Income range BDT:

Card Type
Income Range for Job Holder/Service Man
Businessman/Landlord
Classic/Silver
20,000 To 25,000
75,000
Gold
30,000 To 35,000
100,000
Platinum
60,000 To 75,000
150,000
Signature
120,000 To 150,000
2,00,000
NB: As per issuer bank or depends of company type income range can be varied.

Experience Required (Length of Service/Professional Practice/Business)


Job Holder/Service Man:
company- 6 months total length of service in current/previous organization
Professional Practice:
1 year of experience in practice for self-employed professionals
Business:
For Businessmen Minimum Length of Work Experience 3 years
  NB: As per issuer bank or depends on company type Experience Requirement can be relaxed.
                                                                                              

Required Documents to Apply for New Credit Card.


Private service/Job

Salary certificate/LOI/pay-slip. Bank statement                                                  
E-TIN (Mandatory)                                                         
National ID Card (Mandatory)                                                   
Passport copy (optional)                                                              
Business Card / Office ID copy                                                   
CIB undertaking and inquiry form (Mandatory)
Passport copies for international card
                               

Government employee

Salary certificate/pay-slip.                                                           
Bank statement.                                                             
e-TIN (Mandatory)                                                         
National ID Card (Mandatory)                                                   
Business Card / Office ID copy                                                   
Passport copy (optional)                                                              
CIB undertaking and inquiry form (Mandatory)                                                
Business Card (If available)

Multinational

Salary certificate/LOI/pay-slip, Bank statement                                 
e-TIN (Mandatory)                                         
Passport copy (optional)                                              
National ID Card (Mandatory)                                   
Business Card / Office ID copy (optional)                               
CIB undertaking and enquiry form (Mandatory)

Self-employed (Sole proprietorship)

Updated Trade license for 3 years                                                                                            
Latest Sanction letter for OD/CC/TR/Hypo etc. (As applicable)                                                     
Last 12 months bank statement                                                                               
e-TIN (Mandatory)                                                                                         
Passport copy (optional)                                                                                              
National ID Card (Mandatory)                                                                                   
CIB undertaking and inquiry form (Mandatory)
                                                                                                                               

Partnership

Partnership deed on government revenue stamp                             
Latest Sanction letter for OD/CC/TR/Hypo etc. (As applicable)                     
Up to date Trade license for 3 years
Last 12 months bank statement both company and personal
e-TIN (Mandatory)
Passport copy (optional)                              
National ID Card (Mandatory)                                   
Latest Trade License Copy.                                          
CIB undertaking and inquiry form
                                                                                                                                                   

Limited company

Memorandum of Association.
Certificate of incorporation.
Latest schedule X & XII for Private limited company
[if Schedule X is not available then Board Resolution by stating up-to-date share distribution]
Latest Sanction letter for OD/CC/TR/Hypo etc. (As applicable)     
Last 12 months bank statement both company and personal                       
e-TIN (Mandatory)                                         
Passport copy (optional)                                                              
National ID Card (Mandatory)                                                   
Latest Trade License Copy                                           
CIB undertaking and inquiry form (Mandatory)
                                                                                                                               

Landlord

Last 12 months bank statement                                
e-TIN (Mandatory)                                         
Passport copy (optional)                                                              
1-year continuous bank statement                                          
Rental Receipt/Copy of Rental Agreement(s) with the tenants                    
Rental the agreement is mandatory for institutional tenant                                 
Copy of Title Deed                          
Lease Deed with AC Land Mutation/Lease Mutation                                                        
Updated holding TAX     
Partition deed for single build with multiple owners                                                          
Copy of National ID Card of applicant and guarantors (if applicable)
CIB undertaking and inquiry form (Mandatory)

Secured Card (Lien against Deposit Account)

Top sheet, General instruction /FD advice                                                            
Letter of lien and set-off over deposit account.                                  
The fund holds instruction.                 
FDR receipt/hold value                                 
Account print-out.                                          
e-TIN/NID.                                         
Memorandum of deposit of securities.                                                  
Authorization for the encashment of securities.                                                        
Letter of Guarantee (Joint/Several)                                                         
Undated form.                 
CIB undertaking and inquiry form (Mandatory)

N.B. NID for the supplementary card is mandatory.

Offers/Doc/ Features May variable as per issuer Bank management decision or agreement condition. So, please be confirmed before applying for a new credit card.

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