If you are a customer of yes bank and you are using its credit card for a long time, you should consider increasing its limit. or if you are looking for a way for yes credit card limit enhancement this article is for you. In this post, you will learn How to Increase Yes Bank Credit Card Limit Online | Check Yes Bank Credit Card Limit?
Yes, Bank offers various credit cards based on individual requirements. each credit card comes with a certain limit.
Before jumping to the process of yes bank credit limit increase Let’s start with the basics first.
How Credit Limit is Determined on a Credit Card?
There are various factors responsible for the card limit. below you can find the major ones.
- The applicant’s income.
- Age of the person.
- Any loans or liabilities or EMIs attached to the applicant.
- The repayment capacity of the applicant.
- The Credit History of the person.
- The Credit Score or Credit Rating of the applicant.
- The type of credit card that is issued.
Advantage of Higher Credit Limit
- Larger Purchases
- Greater Spending Power. The more you spend the more Reward points you get. later you can redeem those points.
- Easy to get loans
- A higher credit limit can help you to tackle the emergencies like medical, hotel booking, flight booking when you are travelling abroad.
- You can get extra benefits like access to airport lounges, higher discounts, free movie tickets, among other things.
- No need to manage multiple credit cards.
- You can improve your credit score as well.
Eligibility Criteria to Increase Yes Bank Credit Card Limit
- The card should be active and normal.
- Paymet for EMIs should be always done on time.
- Cards should be more than 6 months since the issuance.
- Your KYC must be completed.
Documents required to be submitted to Increase Yes Bank Credit Card Limit
- The latest copy of your Individual Income Tax Return along with income computation details.
- Your salary certificate or payslips of the last two months.
How to Check Yes Credit Card Limit by Calling Customer Care
You can call the Yes Bank Credit Card customer care number and check your card limit.
Dial 1800 103 1212 (Toll Free for Mobile & Landlines in India) / +91 22 4935 0000 (When Calling from Outside India).
Call the above number, follow the IVRS call, enter your card number, and know the limit.
You can also check your Yes bank credit card limit through Mobile and Internet Banking.
How to Increase Yes Bank Credit Card Limit
Follow the steps below to enhance your yes bank credit limit.
- Download yes bank credit card limit increase form from the official website. click here to download.
- Download and print this form.
- Fill in the details like credit card hoder name, Credit Card number, Occupation. make sure you sign it at the given space.
- Along with the form, attach latest copy of your Individual Income Tax Return along with income computation sheet or last 2 months pay slips.
- Next, you need to mail it to the below mentioned yes bank registered address.
Credit Cards Division
YES, Bank Ltd.,
YES, Bank Towers,
Plot No. 14,
3rd Main Road,
Ambattur Industrial Estate,
Ambattur, Chennai-600058
- On receiving your documents yes bank will verify it and if it is authentic, your credit limit will be increased. you will get an update to your registerd mobile number or email ID regarding the same.
Increase Your Yes Bank Credit Limit by Visiting Bank Branch
You can visit the bank’s home branch to place your request to enhance your credit limit. make sure you carry the above-required documents along with you.
The bank officials will check all the required documents and if they find you eligible, your request will be accepted and the card limit will be increased within 7 -10 working days.
You will get a message to your registered email ID/Mobile number once the limit is increased.
Conclusion
In this article, you have learned How to Increase Yes Bank Credit Card Limit Online | Check Yes Bank Credit Card Limit. I hope your doubt regarding the Yes Bank credit limit Increase is cleared.
Make sure you increase your credit card limit if you have a genuine and strong reason, not just to spend more on luxury things otherwise it will create a financial burden on you.
If you have any questions related to the Yes Bank credit card limit increase, contact the customer care department and they will assist you.
FAQs
1800 103 1212 (Toll Free for Mobile & Landlines in India) / +91 22 4935 0000 (When Calling from Outside India).
You can visit the bank’s home branch to place your request to enhance your credit limit. make sure you carry the relevant documents i.e. Latest individual Income Tax Return along with the Computation sheet, Pay Slips, or Salary Certificate for the last 2 months along with you.
The maximum amount of cash that can be withdrawn from the credit card is called the cash limit. It is usually less than the credit limit.
