• Aadhaar Card: Must be valid and linked to the applicant’s mobile number for OTP verification.
• Passport: Should be valid for at least 6 months from the application date.
• Driving License: Must be current and issued by a recognized authority.
• PAN Card: Mandatory for financial transactions and tax purposes.
• Voter ID Card: Should clearly display the applicant’s name and photograph.

• Aadhaar Card: If used as address proof, ensure the address matches the application form.
• Passport: Must reflect the current residential address.
• Utility Bills: Recent electricity, landline telephone, or gas bills (not older than 3 months) in the applicant’s name.
• Ration Card: Should include the applicant’s name and address.
• Rental Agreement: Must be registered and include the applicant’s name as the tenant.

Income proof documents vary based on the applicant’s employment status:

• Salaried Individuals:
  • Latest 3 Months’ Salary Slips: Should reflect consistent income and be issued by the employer.
  • Form 16: Latest Form 16 for the previous financial year, showing taxable income.
  • Bank Statements: Last 6 months’ bank statements showing salary credits to the applicant’s account.
• Self-Employed Individuals:
  • Income Tax Returns (ITRs): ITRs for the last 2 years, showing a minimum income of ₹14.4 lakh annually.
  • Audited Financial Statements: Balance sheets and profit/loss statements for the last 2 years, certified by a chartered accountant.
  • Bank Statements: Last 12 months’ bank statements reflecting business transactions and income.

• Recent Passport-Size Photograph: A clear, color photograph taken within the last 6 months. For online applications, a digital copy in JPEG or PNG format is required.

• Fixed Deposit Receipt: Proof of a ₹2 lakh fixed deposit with YES Bank, with a minimum tenure of 1 year.
• Fixed Deposit Application Form: Completed form specifying the deposit amount and tenure.
• KYC Documents: Additional KYC may be required to link the fixed deposit to the credit card application.

• Existing Credit Card Statements: Last 3 months’ statements of an existing credit card (if applying on a card-to-card basis), showing a minimum credit limit of ₹8 lakh.
• Employment Proof: Appointment letter or employee ID card for salaried individuals; business registration certificate or GST certificate for self-employed individuals.
• Reference Details: Contact details of a professional or personal reference, if requested by YES Bank during verification.

• File Format: Documents should be in PDF, JPEG, or PNG format, with a maximum file size of 2 MB per document.
• Clarity: Ensure scans or photographs are clear, legible, and free from shadows or distortions.
• Naming Convention: Use descriptive file names (e.g., “Aadhaar_Card.pdf”, “Salary_Slip_June.pdf”) to facilitate processing.

• Verify Document Validity: Ensure all documents are current and not expired (e.g., passport, driving license).
• Cross-Check Details: Match the name, address, and other details across all documents to avoid discrepancies.
• Keep Copies: Retain physical and digital copies of all submitted documents for reference.
• Use Secure Uploads: For online submissions, use YES Bank’s official portal or trusted third-party platforms to protect sensitive information.
• Organize Documents: Arrange documents in the order specified by the application form to streamline verification.

• Expired Documents: Replace expired documents (e.g., old passport) with valid ones before submission.
• Mismatched Information: Correct any discrepancies in name or address across documents through official channels (e.g., Aadhaar update).
• Illegible Scans: Rescan documents if they are blurry or unreadable to avoid rejection.
• Incomplete Income Proof: Provide all required income documents (e.g., both ITRs and bank statements for self-employed) to strengthen the application.

• Physical Copies: Submit clear photocopies of all documents, attested by a gazetted officer or self-attested, along with originals for verification.
• Branch Submission: Hand over documents to the branch representative and obtain a receipt or acknowledgment for tracking purposes.
• Follow-Up: Contact the branch if additional documents are requested during verification.

• For fixed deposit-based applications, the process is simplified:
• Submit KYC documents (identity and address proof) along with the fixed deposit receipt.
• No income proof is required, as the fixed deposit serves as collateral.

A credit score of 750 or above is a critical factor, as YES Bank uses this to assess an applicant’s creditworthiness. A high score reflects timely payments, low credit utilization, and responsible credit management. Applicants with scores below 750 may face rejection or be offered lower-tier cards like the YES Prosperity Edge.

Salaried Applicants: A net monthly income of ₹1.2 lakh ensures applicants can manage credit card payments comfortably. Consistent salary credits in bank statements strengthen the application.

Self-Employed Applicants: An ITR of ₹14.4 lakh or above demonstrates financial stability, with audited financials and business longevity (minimum 2 years) adding credibility.

Fixed Deposit Option: A ₹2 lakh fixed deposit bypasses income requirements, making approval easier for those with savings but lower income.

A debt-to-income (DTI) ratio below 40% is ideal, indicating that existing liabilities (loans, EMIs, credit card balances) do not overburden the applicant’s income. A high DTI ratio may signal over-leveraging, reducing approval chances.

Salaried Individuals: At least 1-2 years of continuous employment with a reputed organization demonstrates job stability, a key factor for approval.

Self-Employed Individuals: A business operational for at least 2 years, supported by GST registration or financial statements, reassures the bank of income consistency.

Applicants with multiple credit cards (e.g., 4 or more) may face scrutiny, as YES Bank evaluates overall credit exposure. A balanced portfolio with low utilization (below 30%) and no defaults is preferred. For card-to-card applications, an existing card with a ₹8 lakh limit is a prerequisite.

An existing relationship with YES Bank, particularly through a YES Premia savings account with a balance of ₹3-4 lakh, can lead to pre-approved offers. Regular transactions, fixed deposits, or other banking products with YES Bank enhance trust and approval likelihood.

A clean credit history with no defaults, late payments, or loan settlements in the last 12-24 months is essential. Recent defaults or high credit inquiries can negatively impact approval, signaling financial distress.

Incomplete or inaccurate applications, such as mismatched names, addresses, or income details, can lead to rejection. Ensuring consistency across documents and forms is critical for smooth verification.

Applicants from cities with a strong YES Bank presence (e.g., Mumbai, Delhi, Bangalore) may find approval easier due to better branch access and verification processes. Those in smaller towns may need to rely on online applications or visit regional branches.

For secured card applications, the ₹2 lakh fixed deposit acts as collateral, significantly increasing approval chances by mitigating the bank’s risk. The deposit’s tenure and active status are verified during processing.

Valid KYC documents (Aadhaar, PAN, passport, etc.) are mandatory to comply with regulatory requirements. Incomplete or expired KYC documents can delay or derail the application.

Applicants must be between 21 and 60 years, as this range aligns with earning potential and credit management capacity. Those outside this range may be ineligible unless applying for add-on cards.

Multiple credit inquiries in the last 6 months (e.g., applying for loans or other credit cards) can lower approval chances, as they suggest credit-hungry behavior. Limiting inquiries before applying is advisable.

YES Bank’s financial health and market perception can influence approval policies. While the bank has stabilized since 2020, applicants should monitor updates, as stricter criteria may apply during economic downturns.

Applying through trusted third-party platforms (e.g., BankBazaar, Paisabazaar) can streamline the process, but choosing unreliable platforms may lead to delays or data security issues. Stick to YES Bank’s official channels or reputed partners.

• Boost Credit Score: Clear outstanding debts, maintain low credit utilization, and rectify credit report errors.
• Stabilize Income: Ensure consistent income proof and avoid job changes or business disruptions before applying.
• Lower DTI Ratio: Prepay smaller loans or reduce credit card balances to improve your financial profile.
• Build a Banking Relationship: Open a YES Premia account and maintain a high balance to qualify for pre-approved offers.
• Limit Credit Inquiries: Avoid applying for multiple credit products simultaneously to keep your credit report clean.

• Low Credit Score: Improve your score over 6-12 months by paying debts on time and reducing utilization.
• High DTI Ratio: Consolidate or prepay loans to lower your DTI ratio before applying.
• Incomplete Documentation: Submit all required documents in the correct format to avoid verification delays.
• No Banking Relationship: Establish a YES Bank account to build trust and improve approval odds.