How to Increase Credit Card Limit for Axis Bank?

Axis Bank is one of the largest private banks in India, providing credit card services to its customers. Whether you love shopping, travelling, or entertainment, Axis Bank credit cards got it all covered. 

Nevertheless, when you apply for an Axis Bank credit card, you will wonder about the credit limit. Like in most cases, Axis Bank determines the limit based on various factors. If you want to increase the limit, read this article on Axis Bank credit card limit increase. 

What is the Axis Bank Credit Card Limit?

Axis Bank credit card limit is the maximum amount the bank allows you to spend on your Axis Bank credit card in a billing cycle. The bank determines the credit limit based on your credit utilisation ratio, annual income, age, etc. In addition, you can place an Axis Bank credit card limit increase request after a while. 

The credit limit of Axis Bank can be classified into three categories, which are discussed below:

• Total Credit Limit

This is the maximum credit limit for your Axis Bank credit card. The total limit decreases when you conduct a financial transaction through your credit card. Nevertheless, you can restore it by paying the due bill on time. 

• Available Credit Limit

This is the credit limit available on a specific date on your Axis Bank credit card. For instance, if your total limit is Rs. 1,00,000 and you have spent Rs. 40,000, the available credit limit is Rs. 60,000.

• Card Cash Limit

With this credit limit type, Axis Bank permits you to withdraw 20% to 40% of the credit limit as cash during emergencies. However, you must pay a fee for using the Axis Bank credit card cash withdrawal. 

How is the Axis Bank Credit Limit Decided?

The Axis Bank determines your credit card limit when you apply for it. Here are a few factors the bank considers when determining your credit card limit: 

• Debt Level

It is important to monitor your debt level. If your debt-to-income ratio is low, it will affect your creditworthiness, and the bank will sanction a lower limited credit card. Hence, you must maintain a good debt-to-income ratio when applying for an Axis Bank credit card.

• Income Level

Usually, it is ideal to have a higher income level when you apply for an Axis Bank credit card. A higher income level gives you better chances of getting a card with a higher limit. 

• Credit History

When you apply for an Axis Bank credit card, the officials will check your credit history. If you have a good and positive credit score, the bank will grant a credit card with a higher limit.  

• Other Credit Limits

The Axis Bank officials consider the available limit on your other credit options to determine your credit limit. It helps them to analyse your creditworthiness and your credit utilisation ratio. 

Axis Bank Credit Card Age Limit

The bank considers several factors when determining your eligibility for an Axis Bank credit card. One such factor is the age limit criteria. Generally, you must be between 18 and 70 years old to apply for an Axis Bank credit card, but the age differs for different types of Axis Bank credit cards. 

Documents Required to Increase Axis Bank Credit Limit 

You can increase your Axis Bank credit card limit when you receive an SMS from the bank informing you that you are eligible for a higher credit limit on your card. To do so, you need to have few documents ready depending on your profession:

• If you have an Axis Bank salary account, documents are not required.
• For a non-salary credit with Axis Bank, you must submit salary slips for the last two months or the latest Form 16.
• If you are self-employed, you must submit the Income Tax Return (ITR) of the latest financial year with income computation. In addition to ITR, you must have your Aadhaar card number.

How to Increase Axis Bank Credit Card Limit Online?

You can increase your credit card limit in Axis Bank through an online method; you can follow these hassle-free steps:

Step 1: Download the Axis Mobile application and log in with your MPIN.

Step 2: Click on the ‘Credit Cards’ option. 

Step 3: Select the credit card for which you want to change the limit.

Step 4: Select the ‘Total Controls’ option and tap the ‘Check for Limit Increase’ option.

Once you open this section, you can request a limit increase if your Axis Bank credit card is eligible. Otherwise, the display will prompt that your card is currently not eligible for limit enhancement.

How to Increase the Credit Card Limit of Axis Bank through Net Banking?

Follow these steps to increase the credit card limit of Axis Bank through net banking:

Step 1: Visit the Axis Bank net banking portal and log in to your account with the credentials. 

Step 2: Open the ‘Accounts’ section and go to the ‘My Credit Cards’ section.

Step 3: Click the ‘Limit Enhancement’ tab and select the ‘Check for Limit Increase’ option.

Once you open this section, you can request a limit increase if your Axis Bank credit card is eligible. Otherwise, the display will prompt that your card is currently not eligible for limit enhancement.

How to Check Axis Bank Credit Card Limit?

There are multiple methods available to check the credit limit of your Axis Bank credit card. They are as follows:

• Limit Check via SMS

You can check your Axis Bank credit card limit by sending an SMS to the bank through your registered mobile number. Send the following SMS: 'CLE XXXX' (XXXX represents the last four digits of your credit card number) to 56161600.

• By Calling Customer Care

You can call Axis Bank customer care to check the credit limit of your credit card. To do this, call Axis Bank’s toll-free number at 1860 500 5555 or 1860 419 5555. Press the relevant number on the Interactive Voice Response (IVR) to know your credit card limit.

You can opt for an Axis Bank credit card limit increase through online and offline modes. This helps you check your eligibility for limit enhancement so that you can apply accordingly. In addition, the limit increase improves your credit score and enables you to get a higher loan on the credit card or upgrade to a premium credit card. 

Related Articles:
1. HDFC Credit Card Limit Increase
2. ICICI Bank Credit Card Limit Increase

Related Axis Bank Articles:
1. Axis Bank Unclaimed Deposits: List, How to Check & Claim Axis Unclaimed Deposits?
2. Axis Bank Credit Card Cash Withdrawal Charges
3. Axis Bank Mobile Banking
4. Axis Bank Savings Account Interest Rate
5. Axis Bank Locker Charges
6. Axis Bank Credit Card Status Check
7. How to Close an Axis Bank Account Online & Offline?
8. Axis Bank Holidays List 2024