In today’s digital age, having a credit card is no longer just a convenience but a necessity. Banking and financial services in India have evolved to such an extent that you no longer need a salary slip from a major company to obtain a credit card. Whether you’re a student, freelancer, housewife, or running a small business, you can easily obtain your own credit card. In 2026, banks made significant changes to their policies, allowing cards to be issued without proof of income. You just need to know the correct steps and procedures.
Secured Credit Card Against FD
If you don’t have documentation of your regular income, obtaining a credit card against a Fixed Deposit (FD) is considered the easiest and most reliable option. This is called a ‘secured credit card’. Major banks like HDFC, SBI, ICICI, and IDFC First offer instant credit cards for FDs of just ₹10,000 to ₹15,000.
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Typically, banks offer a credit limit of 75% to 90% of your FD amount. The biggest advantage is that you continue to earn bank interest on your FD, and you can also improve your CIBIL credit score by using the card. This is ideal for those just starting in the credit world.
Add-on Cards on Family Cards
If someone in your family already has an active credit card, you can apply for an add-on card on their card. The bank doesn’t ask for any separate income proof or salary slips. Spouses, parents, or children can all benefit from this advantage.
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It’s important to note that all expenses incurred with an add-on card are the primary cardholder’s responsibility. Therefore, it’s important to maintain strict spending discipline to avoid damaging your family member’s credit record.
Special Credit Cards for Students
Many banks and financial institutions are offering special “student credit cards” for college and university students. These cards don’t require a salary slip. Although their credit limits are initially low, they prove to be a vital resource for online shopping, travel bookings, and emergencies. This instils in students the importance of sound money management and financial discipline from an early age.
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Bank Statements and Alternative Income
If you don’t have a formal salary slip but have regular income from rental income, freelancing, or other investments, you can apply for a card based on your bank statement. Banks closely review your transactions over the past six months to assess your repayment capacity. If you maintain a stable account balance and regularly transact money, many banks will issue a card without income proof.
The Guarantor or Co-Signer Option
People with a weak income profile can also apply for a credit card with the help of a guarantor. If your guarantor has a strong credit record and a stable income, the bank may approve your application based on their trust. This option is a bit complicated, but it’s very useful for those who don’t have any other assets or investments.