Can we get a credit card for a current account which is huf based?

[avikrish]

I am holding a idfc current account in my business firm with a huf pan card . Can we get credit card on this current account which is huf based ?

 

[Tejo]

Yeah you can apply.

If you have 7 lakh income per year under huf pan, than bank may give. You need to show proof of income like business, property income, agriculture income. Or If you have 10 lakh maintained account with huf Pan. *** your application could approved, ask relationship manager once.

Huf pan just to avoid some tax, still huf pan similar to normal pan. Huf pan directly will be linked to a karta aadhar number.

 

[avikrish]

Thank you

 

[PRIYANSHU_]

Can we get an fd backed cc for HUF ?

 

[avikrish]

Can we get an fd backed cc for HUF ?

I think for current account huf , credit card are not issued.

 

[PRIYANSHU_]

current account

and for savings account ??

 

[sumitlehri]

I am holding a idfc current account in my business firm with a huf pan card . Can we get credit card on this current account which is huf based ?

Can a huf open saving account and use that for business purpose

 

[avikrish]

Can a huf open saving account and use that for business purpose

I am using it already, current account on firm name with huf based pan card (name on pan card is KarthaName_HUF)

IDFC accepted opening this kind of account.

 

[sumitlehri]

I am using it already, current account on firm name with huf based pan card (name on pan card is KarthaName_HUF)

IDFC accepted opening this kind of account.

Credit card also?

 

[moneyMaker]

Shaadi karke HUF khol skte na? 👀🤣

 

[NAB]

Shaadi karke HUF khol skte na? 👀🤣

Yes, you can. But Tax benefits will be applicable only when you have a child 👨‍👩‍👦