How To Increase HDFC Credit Card Limit
Credit card limit enhancement not only increases credit worth but it also improves your Credit score to avail more benefits in future. If you are holding HDFC credit card you can increase your credit limit by following these Steps:
Part 1P1Analyse The Requirement To Increase Your Credit Card Limit
Before increasing your credit card limit you need to first analyze the requirements which the bank will check to enhance your credit card limit.
Maintaining Repayment History of your Credit Card Bill.
You should always pay your credit card bills on time, as late payments could result in credit limit (and credit score) decreases. Six months is the minimum time duration in which you have to maintain your timely payments so that Bank could consider your Credit enhancement application.
Maintaining a Good Credit score.
For credit enhancement, the credit score plays an important role to get the banks approval. Your credit score should be above 700 to be on the list. If you are paying your credit card bill and you loan EMI on time than your credit score will improve and will be stable.
Analyse the increment in your income.
If there is a considerable increment in your salary, you can submit your Salary Slips or IT returns to the bank and request them to increase your Credit limit, this works most of the time and you can expect a decent credit enhancement, provided that you can make the regular usage of the card.
Method 1M1By Submitting The Application
You can write an application to the bank and you also have to fill a form with the required documents and send it to the Bank to increase your Credit Card limit.
Write an application.
You have to write an application to the HDFC bank for increasing your Credit card limit.
Download the form
Click here to download the form.
Fill your details and attach your documents.
Once you will have the print out of form, you need to fill the required details. If you’re a salaried employee, you need to attach a self-attested copy of your recent salary slip and an Employee ID card with other bank salary account statement whereas if you are a Self -employed person, you need to send copy of your latest income tax returns and PAN card along with computation on your income.
Combine your Application Letter and form and send it to the HDFC bank.
After filling the required details you need to combine the form and application letter with attaching your documents to it and post it to the HDFC Bank Card Division, PO BOX # 8654, Thiruvanmiyur P.O., Chennai-600041 or you can also drop the same to HDFC form dropboxes placed at nearest Branch or ATMs.If you are in touch with any bank representative you can also hand over them.
Method 2M2Connecting The Bank Through Customer Care Number
You can also contact the bank for increasing your credit limit or card upgrade by calling on there toll-free numbers where the HDFC phone banking officers will assist you.
Dial the Customer care number and Choose your language preference.
Contact the HDFC credit card customer support at their toll-free number 1800-266-4332. This Toll-free number is accessible from all landlines and mobile phones in the country. After connecting to the IVR menu, choose your language preference. Press 1 for English, Press 2 for Hindi and Press 3 for your local language.
Press 1 for Credit Card Information.
The IVR will guide you towards the procedure, you have to Press 1 for Credit Card, Debit card and loans related Information.
Press 2 for the Credit card.
You have to Press 2 for Credit Card related Information.
Press 1 for Credit card applications
You have to Press 1 for Credit card applications where the IVR will ask you to enter your 16-digit Credit Card number and connect your call to the customer care Representative where you can request for your Credit card enhancement.
Method 3M3Raising The Request Through Net Banking
HDFC is also having online services to increase your credit card limit through Net Banking Facility.
Login to your NetBanking Facility.
Click here to log in your Net Banking Facility by entering your User ID/Customer ID.
Click on Credit Card tab.
After logging in to NetBanking facility, Dashboard will open on your screen. You will see the Credit Card tab on the right-hand side of the page you need to click on that.
Raise a Request.
Once you will select the credit card option on the left-hand side of the screen, select “Request” option from the left-hand side “Credit Cards” menu.
Select "Credit Limit Enhancement".
By clicking on "Request" again a drop-down list will open, tap on the option of "Credit Limit Enhancement" there. Now a page will open and ask you for which card you want to increase the limit Enter your card number and select a card than click on "Continue" it will show you your "Current Credit Limit" and the "Eligible limit" i.e, the enhanced limit which the bank can offer you, again you need to enter your "New Limit" between your Current Credit Limit and Eligible limit in this then Press "Continue".
Verify your Details and Confirm.
verify your all Details and enter "Confirm", a new page will open with a message of congratulations for your enhancement in Credit limit and down there your "Reference Number" is also mentioned for future reference.
Check your Current credit summary.
Now to view your Current Credit summary you need to click on "Account Summary", it will show your Credit Card Number you have to click on that and there you can check your New Credit Card limit.
Note:- The sole discretion to accept or reject your application depends upon the HDFC Bank. Once they are satisfied with all your details they will contact you for that and will let you know about the decision.
On approval, your new card will be handed over to you on your Registered Address and once the card is upgraded it cannot be downgraded to the old card variant. Reward Points on your current credit card will be transferred to your upgraded credit card as per the Bank Conversion rate.