how to get a credit card with very basic profile
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my brother wants a credit card and he applied for hdfc but he got rejected
he files an ITR but maintains only required AMB in bank that too barely
but his CIBIL is only 299 he has never taken any loan or anything.
can anyone explain what does this mean
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how to improve profile?
by maintaining more AMB or by doing more and more transactions or anything else?
Try in SBI by using Fixed Deposit as a cover…. He may get a cc with low limit. By the way, where you checked that score?? Many sites show different scores for me & official cibil.com shows I don’t have a credit history 
I have a cc(4 month old) but noone is fetching my history
How does he has 299 CIBIL score when the minimum possible CIBIL score is 300?
But let’s assume for a min that he actually has 299 score. And he has not taken any loan in his past then it means he is cheating the credit companies or not paying his postpaid bills. Many companies require PAN card/Aadhaar to give post billing facilities for their services. If he has not paid his bill or left the services without paying any outstanding amount then it can also be an issue. Many companies report to CIBIL. Or maybe he is cheating wallet companies with their post paid services. For example, if he has created a new wallet account and got post paid facility active. Then he bought something and threw the sim card away assuming they will not be able to get back their money if they are not able to get in contact. Or maybe somebody else found his ID and doing all this stuff on his name.
Anything is possible. To rectify this issue, pay for a detailed CIBIL credit report and fix whatever issue it has. If there are any fraudulent transactions then file a dispute against those transactions.
Once he has fixed his CIBIL report, he can get a credit card against a FD.
it’s 299 experian score not CIBIL sorry my mistake
and i don’t understand what postpaid services mean does that mean local creditors or credit companies like bajaj or something other?
simple solution
get a saving account in icici bank AMB rs 10000
have a fixed deposit of rs 40000
get a credit card against fd 85% value of fd that is rs 34000 every month use around 20000 alway make payment on time within 12 month your score will cross 750
you can also try Money Tap they provide RBL credit card
Has anyone booked flights with hdfcdinersclub.in website recently??? I’m not able to book any flight since last 3 days and neither is the customer care able to book the flight. They are checking the flights but they end up saying bookings are full.
…What is the cibil score of vijaya mallaya?…
…just curious….they were billionaires may be still are…
may be 420
It means he does not hold a good financial portfolio, hence is not yet eligible for any credit instruments.
Ask him to improve his profile in coming days to be eligible for loan and credits.