Credit limit is the maximum amount given to a borrower that can be outstanding for a specified period of time on a credit card. The cardholder is notified of the initial credit limit that is offered by the issuer at the time of delivery of card and also via the monthly credit card statement.
To increase your YES Bank credit card limit follow the steps given below:
- Download the YES bank credit card limit enhancer form from the bank’s official website.
- Fill out the form and send it via mail to the following address:
YES Private Credit Cards Division
YES Bank Ltd.,
YES Bank Towers,
Plot No. 14,
3rd Main Road,
Ambattur Industrial Estate,
You have to submit the form along with the following documents:
- Pay Slips or Salary Certificate for the last two months.
- Recent Income Tax Return attached with Computation sheet
When the bank has inspected the submitted application form with the above-mentioned documents, the request to increase the credit limit is taken. On the basis of internal review, the bank has the right to either accept the request or reject it.
Alternatively, you can also visit your home branch of YES bank to place a request for an increase on the credit limit on your card. Make sure to carry the required documents along with you to furnish proof of your income and financial standing.