Table of Contents
Can I get credit card with 40000 salary?
ICICI Bank Platinum Chip Credit Card is one of the best options for someone with a salary below Rs. 40,000. Cardholders can earn PAYBACK Reward points and enjoy minimum 15\% savings on dining (Culinary Treats), 1\% fuel surcharge waiver, annual fee waiver on annual spends of Rs. 50,000 or more, etc.
What is credit card limit for 50000 salary?
#1 Your Income/Salary: 50,000 per month, you can expect Rs. 1 Lakh – 1.5 Lakh credit limit. For self-employed, suppose you’ve filed an income of Rs. 5 lakhs for last financial year, you can expect 1 Lakh – 2 Lakhs as credit limit as Business cards usually gets better limit for obvious reasons.
Which credit card is best for 45000 salary?
List of Credit Cards for Income between Rs. 50,000 & Rs. 1 lakh
| Credit Card | Annual Fee |
|---|---|
| SBI Elite Credit Card | Rs.4,999 |
| YES Prosperity Edge Credit Card | Rs.1,199 |
| American Express® Platinum Travel Credit Card | Rs.5,000 |
| Standard Chartered Manhattan Platinum Credit Card | Rs.999 |
Which bank gives highest credit limit in India?
Which Credit Card gives the highest credit limit?
- HDFC Diners Club Black Card – To be eligible for it, the applicant must have an annual income of at least Rs.
- Citibank Prestige Credit Card – To be eligible for this card, the applicant must be a high annual spender or hold Citigold Private status.
What is the maximum deduction available under the National Pension?
The maximum deduction available in the case of salaried employees is 10\% of the salary (basic DA, but excluding all allowances & perquisites) and for self-employed individuals, up to 20\% of the gross total income. Also, the National Pension Scheme is one of the popular retirement planning instruments.
How much of my HRA can I claim under Section 80C?
Your annual income is 4,80,000. Out of this 2,50,000 is exempt. For the remainder 2,30,000, you can save up to 50\% of your HRA by showing rent receipts. Lets say you saved about 30k in that. Outside of this you can invest 1.5 lakhs under section 80c (lockin for the same is 5 years), and claim the remainder 50k under NPS.
What is the maximum amount of home loan for 50 lakhs?
Generally, the banks provide maximum upto 85\% of loan against the value of property. Therefore, if you want a home loan for buying a property of Rs. 50 lakhs, the maximum amount you can get is 85\% of that ie 42.50 lakhs.