Benefits of IndusInd Bank Nexxt Credit Card

• 1. Unmatched Payment Flexibility:
  • Real-Time Choice: Select Credit, EMI or Rewards payment mode at POS terminals with LED buttons, eliminating post-purchase conversions.
  • Strategic Spending: Optimize each transaction - use rewards for small purchases, EMI for large ones, and credit for everyday expenses.
  • Instant EMI Conversion: Convert purchases to EMIs at 12% interest with no processing fees, choosing from 6-24 month tenures.
• 2. Financial Advantages:
  • Reward Points Value: Earn 1 point per ₹150 spent, redeemable for payments (1pt=₹1), air miles (1:1), or premium vouchers.
  • Fuel Savings: 1% surcharge waiver on fuel transactions (₹500-₹3,000), saving up to ₹250 monthly.
  • Low Forex Markup: Only 1.8% foreign currency markup fee, significantly lower than standard 3.5% charges.

How to Apply for IndusInd Bank Nexxt Credit Card

• Online Application: Visit the IndusInd Bank website → Credit Cards → Nexxt Credit Card → Apply Now.
• Check Eligibility: Enter mobile number, income, city, and PIN code to check eligibility (₹25,000+ monthly income preferred).
• Fill Application Form: Provide personal, employment, and financial details accurately (e.g., PAN, address, income, employment).
• Upload Documents: Submit clear digital copies of PAN, Aadhaar, income proof, and passport-size photo.
• Video KYC: Complete mandatory Video KYC by scheduling a quick video call with original documents in hand.
• Digital Signature: E-sign using Aadhaar-based OTP or approved digital method.
• Submit Application: Review and submit the application; note down the reference number for tracking.
• Verification & Approval: Bank verifies credit score, income, and documentation. Approval usually takes 5–7 working days.
• Card Issuance: On approval, receive physical card within 5 days and instant virtual card for online use.
• Alternate Application Methods:
• Branch Visit: Apply at the nearest IndusInd branch with physical documents and consult an executive.
• Third-Party Portals: Apply via BankBazaar, Paisabazaar, or other fintech platforms.
• Tips to Improve Approval Chances:
• Maintain a CIBIL score of 750+ and avoid multiple credit inquiries.
• Ensure accurate and consistent document details.
• Demonstrate steady income through recent payslips or bank statements.
• Pay off existing dues to improve your debt-to-income ratio.
• Post-Application Support: Track application status via IndusInd Bank site or call customer care at 8885545255.
• Virtual Card Access: Use the virtual card immediately after approval for online shopping and wallet linking.
• Common Issues: Resolve document mismatches, low credit score, or income proof gaps before reapplying.

Eligibility Criteria for IndusInd Bank Nexxt Credit Card

• 1. Age Requirements:
  • Primary Applicant: 18–60 years (up to 75 in special cases)
  • Add-On Cardholders: Minimum 15 years (primary holder must qualify)
• 2. Income Requirements:
  • Major Cities (Mumbai, Delhi, Chennai, Bangalore): ≥₹25,000/month
  • Other Cities: ≥₹20,000/month
  • Higher income may secure larger credit limits (₹80,000–₹100,000+)
• 3. Credit Profile:
  • CIBIL Score: ≥700 preferred, 750+ boosts approval odds
  • No defaults, write-offs, or late payments in the last 12–24 months
  • Credit utilization across cards <30% demonstrates responsible usage
• 4. Employment & Business Stability:
  • Salaried: ≥6 months with current employer; stable sector (IT, healthcare) favored
  • Self-Employed: ≥1–2 years of profitable operations (supported by ITRs, audited P&Ls, GST filings)
• 5. Debt-to-Income (DTI) Ratio:
  • Maintain total monthly debt obligations (EMIs + rent) below 40–50% of net income
  • High existing EMIs can limit disposable income and reduce approval chances
• 6. Recent Credit Inquiries:
  • Avoid multiple hard inquiries (3+ in 3–6 months) to prevent score dips and risk signals
• 7. Relationship with IndusInd Bank:
  • Existing account holders (savings, FD, loans) may receive pre-approved offers and faster processing
  • Fixed deposit linkage can substitute income proof for lower-income applicants
• 8. Residency & Geographic Factors:
  • Applicants must reside in serviceable PIN codes with a stable address (≥6 months)
  • NRIs eligible with valid visa and additional overseas documentation
• 9. Documentation Capability:
  • Must furnish clear, valid KYC (PAN, Aadhaar), income proof (salary slips/ITRs), and address proof
  • Incomplete or mismatched documents will delay or derail approval