HDFC Credit Card Limit Increase - How To Increase Credit Card Limit HDFC?

The use of credit cards has surged globally, revolutionizing the concept of borrowing money. HDFC Bank offers various credit card options tailored to different financial needs, each with a set credit limit, indicating the maximum amount the bank will extend to you.

Read on to discover how to increase your HDFC credit card limit through various methods and how to check your current limit.

What is HDFC Credit Card Limit?

An HDFC credit card allows you to make both online and offline financial transactions seamlessly. Each card comes with a credit limit, which is the maximum amount the bank extends to you as credit.

When you make a transaction, the amount is deducted from your credit limit, leaving you with the available credit limit. As you clear your dues, the spent amount gets added back to your HDFC available credit card limit.

How is the HDFC Bank Credit Limit Decided?

The HDFC Bank credit card limit varies for each individual and depends on several key factors. When you apply for an HDFC credit card, the bank evaluates the following to determine your credit limit:

• Credit Score

A credit score, ranging from 300 to 900, reflects your creditworthiness and helps lenders assess lending risks. A higher score often leads to a higher credit limit, while a lower score signals potential financial instability, making lenders cautious about offering larger limits.

• EMI to NMI Ratio

Lenders favor an EMI to NMI ratio of 50%-55%, calculated by dividing your monthly EMI by your income. For instance, if your income is Rs. 50,000 and EMI is Rs. 15,000, the ratio is 30%. This metric helps lenders evaluate your creditworthiness and determine your HDFC credit card limit.

• Payment History

Lenders evaluate your existing loans, outstanding debts, and repayment history when issuing a credit card. Frequent defaults can categorize you as a high-risk borrower. To secure a higher HDFC credit card limit, it's essential to clear your dues on time.

• Monthly Income

Your monthly income plays a key role in determining your HDFC credit card limit. A higher income with lower outstanding debt increases your chances of receiving a higher credit limit.

• Employment Stability

Employment stability plays a crucial role in determining your HDFC credit card limit. A long, uninterrupted employment history demonstrates your ability to repay dues, increasing your chances of securing a higher credit limit.

What is the HDFC Credit Card Age Limit?

To apply for an HDFC credit card, you must be at least 18 years old. The upper age limit is 60 years for salaried employees and 65 years for self-employed individuals.

If you're an add-on cardholder, you must also meet the age criteria to apply. Anyone within this age range can apply for an HDFC credit card.

How to Increase the HDFC Credit Card Limit?

You can easily increase your HDFC credit card limit through various modes, both online and offline, based on your convenience. Here are the methods to request a credit limit increase.

Through HDFC Net Banking

You can do an HDFC credit card limit increase using the NetBanking method by following these simple steps:

• Step 1: Open the official website of HDFC NetBanking and log in to your account. 
• Step 2: Go to the ‘Cards’ section and select ‘Credit Card’ from the drop-down menu.
• Step 3: Click on the ‘Request’ option and choose the ‘Credit Limit Enhancement’ option.
• Step 4: Enter your credit card number and the necessary information on the form.
• Step 5: Submit the form and wait for the approval, as the bank will verify your request and contact you for further processing. 

Through the HDFC Credit Card Limit Enhancement Form

You can increase your HDFC credit card limit online by following these simple steps:

• Step 1: Visit the official HDFC instant credit card limit enhancement page.
• Step 2: Enter your registered mobile and credit card number.
• Step 3: Enter the OTP received on your phone, choose the new limit and confirm the same.
• Step 4: After confirming, enter the OTP you have received on your phone for confirmation.
• Step 5: Lastly, after successful confirmation, you will get a confirmation message of the new increased limit for your HDFC credit card. 

Through Customer Care

You can request an HDFC credit card limit increase by calling HDFC Bank customer care at 1800 202 6161 or 1860 267 6161 (available 24/7, including holidays).

Ask to connect with an agent, provide the required details, and request a limit increase. The agent will process your request, and upon successful verification and approval, you'll receive a confirmation notification.

When HDFC Bank Enhances Limit

HDFC Bank periodically reviews customers' credit usage and payment patterns to revise credit card limits. If your card qualifies for a limit increase or upgrade, the bank will notify you via call, SMS, or email.

Before accepting the offer, review the terms and conditions, including any annual fee revisions. You can agree to the offer during the call or request time to decide, asking the bank to contact you later.

Once confirmed, your HDFC credit card limit will automatically update. You can verify the new limit through customer care or net banking, and it will also reflect in your next credit card statement.

Via Email to the HDFC Bank

If your income has increased, email HDFC Bank requesting a credit limit increase. Self-employed individuals should attach their latest ITR, PAN, and income computation, while salaried employees must provide recent pay slips and an office ID. The bank will review and verify your request before approval.

How to Check HDFC Credit Card Limit?

Monitoring your HDFC credit card limit is crucial to maintain a good credit history and credit score. HDFC Bank offers multiple ways to check your credit card limit, ensuring you stay informed and manage your usage effectively.

Limit Check via HDFC NetBanking

If you want to check the HDFC credit card limit through net banking, you can follow these steps:

• Step 1: Log-in to your HDFC Netbanking Account 
• Step 2: Click the ‘Credit Card’ option under the ‘Cards’ tab on the home page.
• Step 3: Select the credit card for whom you want to see the limit from the drop-down menu.
• Step 4: Click ‘View Account Summary’ to check the limit of your HDFC credit card and other details.

Limit Check via HDFC Mobile Banking Application

You can also opt for an HDFC credit card limit check through the bank’s mobile application. To do this, you can follow this simple step-by-step guide.

• Step 1: Open the HDFC mobile banking application and log in to your account.
• Step 2: Visit the ‘Credit Card’ section and choose the card for which you want the credit limit.
• Step 3: The account summary page will open, reflecting your total and available credit limit.

Limit Check via Customer Care

You can check your HDFC credit card limit by calling customer care at 1800 202 6161 or 1860 267 6161 and following the instructions provided.

Understanding your credit limit and how to increase it is essential. A higher credit limit reduces the need for multiple cards, offers better rewards, and improves access to loans with favorable terms. However, before opting for a limit increase, ensure you are aware of the factors and methods involved.

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