I don’t have a high credit score yet, but I’m interested in the Axis Priority Credit Card. Can I apply for it against a fixed deposit, and what are the steps involved?
Applying for the Axis Priority Credit Card against a fixed deposit can be a smart way to bypass strict income or credit score requirements. Axis Bank allows customers to secure the card by opening a fixed deposit and lien-marking it, which makes approval faster and easier.
Eligibility for Axis Priority Credit Card Against FD
One of my colleagues shared that he managed to get approved even though his credit history wasn’t strong. The bank only asked him to maintain a fixed deposit of ₹1,00,000, which was lien-marked as security. He said this removed the usual credit score checks, and eligibility was solely based on the FD amount, which made the process stress-free for him.
Process of Applying for Axis Priority Credit Card Against FD
From my own experience, the application process felt straightforward. I opened a fixed deposit with Axis Bank, and then my relationship manager guided me through the request for a credit card against it. Once the FD was lien-marked, the approval moved quickly, and I received my Axis Priority card with a limit set at around 80% of my FD.
Documents Required for Axis Priority Credit Card Against FD
A friend of mine recently applied and mentioned that documentation was minimal. Since the FD was already with Axis Bank, he only had to submit basic KYC documents like Aadhaar, PAN, and proof of address. He was relieved that no salary slips or income tax papers were necessary, which saved him time and effort.
Timeline for Axis Priority Credit Card Against FD
I came across discussions on a finance forum where multiple users reported a quick turnaround. Most people received their Axis Priority Credit Card within 5–7 working days of lien-marking their FD, while a few even got it in just 3 days when all their details were already updated in the bank system.
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