Infinia HDFC SPC Approval process guidelines for INFINIA DCB Regalia Gold

[CC_Exuberant]

Please find all terms and conditions and approval process for all deviation on income / eligibility or spends conditions.

Edit : Confirmed with multiple sources and RM , this is 💯 percent genuine !

 

[Swastik]

Why bother now ? DCB, Infinia too will be devalued in this quarter.

Oh god

Subh subh bolo yaar 😅

 

[HumorSimpson]

Oh god

Subh subh bolo yaar 😅

Whats there for asubh there ? It's aramb of devaluation of all ccs.

 

[devsfinance]

Reach out to RM/BM to take a salary level deviation and get an infinia approved.

If salary is x, according to you how much CL they will give?(I know it depends on other factors as well but talking generally if everything else is good)

 

[elite34700]

If salary is x, according to you how much CL they will give?(I know it depends on other factors as well but talking generally if everything else is good)

Your question to my comment is not relevant . Did you mean for how much salary they’d give a deviation towards salary requirement on infinia ?

 

[devsfinance]

Your question to my comment is not relevant . Did you mean for how much salary they’d give a deviation towards salary requirement on infinia ?

Actually my question was that only I thought you may know this, however the question which you raised also seems interesting it will be great if you could answer that also.

 

[elite34700]

Actually my question was that only I thought you may know this, however the question which you raised also seems interesting it will be great if you could answer that also.

-According to HDFC underwriting practices if your salary is x, then the limit would be 2.5x to 3x

The above is the answer to your question.

- If your salary is 50k and you need infinia which has requirement for 2.7 to 3 L even that can be catered basis deviation through BBH approval .

That answers the other question.

 

[makman]

-According to HDFC underwriting practices if your salary is x, then the limit would be 2.5x to 3x

The above is the answer to your question.

- If your salary is 50k and you need infinia which has requirement for 2.7 to 3 L even that can be catered basis deviation through BBH approval .

That answers the other question.

How does this ratio play out when you are submitting ITR instead of payslips?

 

[elite34700]

How does this ratio play out when you are submitting ITR instead of payslips?

Not too sure on that.

 

[HumorSimpson]

What is SPC.?

 

[jeevanreddy58]

What is SPC.?

SM: Senor Management
SEU: Sales Enhancement Unit
SPC: Super Premium Card

 

[credit geek]

Hi, Is this requirement is of Net pay or Gross Pay? .. In ITR off course it's always gross pay

 

[urboss]

I have dcb metal with 6lakhs Limit, spends of 10lakh+ in last 6 months.
reached out to grievance Redressal last month.
I have reached out to the pno now.

Not sure what's wrong, I have not received a limit enhancement in last 1+ year.

Rwply from grievance Redressal is as below.


"Card upgrade:

We understand from your conversation that you wish to avail HDFC Bank Infinia card. We wish to clarify that we are currently unable to review your request for an upgrade of your HDFC Bank Infinia credit card. We wish to assure you that the upgrade of the credit card is reviewed periodically based on usage and payment patterns on the card account.

Hence, we request you to continue using your credit card for your shopping and entertainment needs and provide us with more opportunities to serve you better.


Limit enhacement:

We have liased with the concerned department for detailed review and kindly note that your Limit enhancement on the card account is reviewed based on the usage and payment pattern on the card account. Based on the guidelines, we regret to inform you that we are unable to extend the Limit Enhancement offer on the card account as on date.We kindly request you to use the credit card and provide us with many more opportunities to serve you better."

In the same boat. Do you have any HDFC co-branded card like Tata Neu/Swiggy etc.?

 

[nikzcool]

In the same boat. Do you have any HDFC co-branded card like Tata Neu/Swiggy etc.?

Yes I had hdfc tata neu infinity.


However now I hold an infinia as well, got upgraded by a different route which I wouldn't suggest.

 

[Shubham Yadav]

Yes I had hdfc tata neu infinity.


However now I hold an infinia as well, got upgraded by a different route which I wouldn't suggest.

Which route ?

 

[urboss]

Yes I had hdfc tata neu infinity.


However now I hold an infinia as well, got upgraded by a different route which I wouldn't suggest.

care to share the route you taken? Is it investing in ULIPs suggested by the RMs?

 

[Swastik]

Yes I had hdfc tata neu infinity.


However now I hold an infinia as well, got upgraded by a different route which I wouldn't suggest.

Ulip ?
If so there's no shame in it ,many have taken that route ,and for them it made sense

 

[urboss]

Ulip ?
If so there's no shame in it ,many have taken that route ,and for them it made sense

Yes, ULIPs may be a suitable product for some. You just have to do some home work to know which one is better for you.

 

[Arosaurabh]

Ask RM to take an income deviation . Income deviation and spends criteria waiver should be approved by branch banking head. If his pants are too short to ask for an approval from BBH tell him you’ll escalate to the Group head .

Is Branch manager and Branch banking head different or what is this hierarchy, sorry if this seems stupid question.

 

[Thomas Shelby]

Is Branch manager and Branch banking head different or

Yes both are different

what is this hierarchy, sorry if this seems stupid question.

Branch Manager -> Cluster Head -> Zonal Head -> Branch Banking Head

 

[elite34700]

Yes both are different

Branch Manager -> Cluster Head -> Branch Banking Head

Wrong.

Branch manager > Cluster head > circle or zonal head > branch banking head.