Can I get a Kotak credit card without a salary slip?

Credit Cards Kotak
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1

I am thinking of getting a Kotak credit card, but i don’t have a salary slip. Can i still apply for it?

2

Hey! Good news—you can get a Kotak credit card without a salary slip, but you’ll need to provide alternative documents to prove your income. Here’s how it works:

Options to Apply Without a Salary Slip:

  1. Bank Statements:

    • If you’re salaried, you can submit your last 3–6 months’ bank statements showing your salary credits.
    • Make sure the statements clearly reflect your income.

  2. Income Tax Returns (ITR):

    • If you’re self-employed or a freelancer, you can submit your ITR for the last 2 years (Form 16 or 16A).
    • This works for salaried individuals too if you don’t have salary slips.

  3. Form 16:

    • If you’re a salaried individual, you can submit your Form 16 as proof of income. It’s issued by your employer and shows your annual salary details.

  4. Existing Relationship with Kotak:

    • If you’re already a Kotak customer (savings account, loan, etc.), the bank might use your account history to assess your eligibility.
    • Sometimes, they offer pre-approved cards based on your banking relationship.

  5. Alternate Income Proof:

    • If you have other sources of income (rental income, investments, etc.), you can provide supporting documents like rental agreements or investment statements.

Things to Keep in Mind:

  • Credit Score: A good CIBIL score (750+) is crucial for approval, especially if you’re not providing salary slips.
  • Card Type: Basic cards (like Kotak Urbane or Zen) are easier to get without salary slips compared to premium cards (like White or Privy League).
  • Video KYC: Kotak usually requires a video KYC, so keep your documents handy for verification.

How to Apply:

  1. Visit the official website: Kotak Credit Cards
  2. Choose your card and click “Apply Now”.
  3. Fill in your details and upload the alternative income documents.
  4. Complete the video KYC process.

Need Help? Contact Kotak: