-
Hey there! Welcome to TFC! View fewer ads on the website just by signing up on TF Community.
SBI Cashback Card LE Rejection
- Thread starter coder
- Start date
- Replies 40
- Views 3K
Patil007
TF Legend
Same here. Tried with Max as well as lower limit. Both rejected.
reputation_abhi
TF Buzz
For me offer was given for 3L as max limit (currently I have 54k limit on SBI Cashback) after the Anumati process the limit has been increased to 97k. Is it good or bad? I have other credit cards with limit close to 6L
RAMESH BABU N
TF Legend
As of now, got only SBI CashBack card.
From 2.2L to 6.5L - shown in offers.
Opted for 5.0L.
Within 2 minutes, approved 3.2L - that is an increase of only 1.0L.
It is OK for me. Never used for more than 80K since beginning. So, Happy.
From 2.2L to 6.5L - shown in offers.
Opted for 5.0L.
Within 2 minutes, approved 3.2L - that is an increase of only 1.0L.
It is OK for me. Never used for more than 80K since beginning. So, Happy.
With anumati or without?
I tried increasing limit but it is not asking for anumati.
RAMESH BABU N
TF Legend
WITH ANUMATI Portal.
Link of anumati portal? Is it the link where we apply for limit increase inside sbi card app
Last edited:
How much time it took for the LE? Also when u had got the card?
Have you completed 6 months of usage of this card?
I've understood from one of their execs that CLE is not offered untill 6 months of credit age despite the app showing eligibility.
Yup, more than a year actually, but they did LE a few months back from 1.5L to 2.7L
Maybe that's the reason, you may have to wait for another 6 months from previous LE. Not sure, it's my guess.
Yup.. I guess that too.. let's see
hanush17
TF Buzz
Doubt: How long did you wait before raising this request? I got my card on August 2024 and I need to raise the limit. When can I request for the same?
RAMESH BABU N
TF Legend
First, let us UNDERSTAND a few things.
1 AFTER every 6 months, there is NO COMPULSION on the bank to give LE.
Even if you have 899 out of 900 in CIBIL. Or, spent 10L in last quarter.
2. There were, there are n there will be MANY parameters which determine the LE. And, ALL these are NOT KNOWN to us (the CC users).
3. These parameters could be product-centric, customer-centric, location-centric n time-centric.
3. Also, depends on one's own Eligibility (over leverage....), bank's internal targets (portfolio funds allocation wise...) and the general market conditions (outside the bank, amongst the competetors....).
4. And, whatever set of parameters is applicable to one customer may not be applicable, in toto, for another customer.
........
1 AFTER every 6 months, there is NO COMPULSION on the bank to give LE.
Even if you have 899 out of 900 in CIBIL. Or, spent 10L in last quarter.
2. There were, there are n there will be MANY parameters which determine the LE. And, ALL these are NOT KNOWN to us (the CC users).
3. These parameters could be product-centric, customer-centric, location-centric n time-centric.
3. Also, depends on one's own Eligibility (over leverage....), bank's internal targets (portfolio funds allocation wise...) and the general market conditions (outside the bank, amongst the competetors....).
4. And, whatever set of parameters is applicable to one customer may not be applicable, in toto, for another customer.
........
Got a Credit limit increment offer on sbicard portal under 'Benefits' section, from 1.37L to 4.11L. But it was rejected with the following email:
"Dear SBI Cardholder,
We regret to inform you that based on your request vide Service Request Number xx for credit limit enhancement of your SBI Card Number XXXX cannot be processed due to internal policy."
Any idea how to get this done?
"Dear SBI Cardholder,
We regret to inform you that based on your request vide Service Request Number xx for credit limit enhancement of your SBI Card Number XXXX cannot be processed due to internal policy."
Any idea how to get this done?
This is a common issue in sbi. Check out
This thread.
This thread.
So I checked in my SBI app offers and it showed that I'm eligible to increase my limit from 2.7L to 8.1L but when I tried, they said they can't process it now.
It's weird to show eligibility yet rejecting the offer.
It's weird to show eligibility yet rejecting the offer.
bing1309
TF Premier
Following many thread in technofino i understood that you can get 40% increase after 3 months of usage if done correctly, so for say you have 1l and 40% for 1l is what just type that much total in credit limit what you are asking and you will get it but provided you must give in which bank you have more balance it should be saving or salaried and that's it instant credit limit given.
I have spent more than 80% for last 3 months and still there was no LE and it got rejected
bing1309
TF Premier
if you spend 80% (that doesn’t mean you get LE) its purely on cibil what you have and what i have may not be same for you. there was no offer for me also, you have to ask just 40% on your current limit in the app and it will be given i hardly spend 10k in a month and pay bill in 2 days after it generates once the cashback settles i pay the rest amount.
When ever I cross 30% I immediately pay and bring the utilisation to less than 10%
Similar threads
