Credit Card Limit Calculator: Limit Based on Salary
Most Indian banks set a first credit card limit at about 1–4 times your monthly take-home pay, depending on your credit score and existing EMIs. Estimate yours and see a salary-wise limit table.
How is a credit card limit calculated?
Banks don't publish formulas, but limits usually follow these factors:
- Income: the starting point. Typical first limits are 1–4× monthly net salary.
- Credit score and history: a 750+ score and a clean repayment record push you towards the top of the range.
- FOIR: high existing EMIs reduce the limit.
- Relationship: salary account holders and pre-approved customers often get higher limits.
- Card tier: premium cards come with higher limits.
How to increase your credit limit
- Pay in full and on time for 6–12 months, then request an increase in the app.
- Update your income with the bank after a raise.
- Keep your utilization under 30%. See our utilization calculator.
FAQs
What credit limit will I get on a ₹30,000 salary?
With a good credit score and no large EMIs, a first limit of around ₹45,000–₹1,20,000 is common. The exact figure depends on the bank.
Is a higher credit limit good?
Yes, as long as you don't overspend. A higher limit lowers your utilization ratio, which helps your credit score.