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Biz black approval

Hey guys first post here!
Trying to apply for HDFC biz black metal through my RM, gave him all the details. My revenue is in crores but net ITR is way less than 21L requirement. Also holding ICICI Amazon card with 5L for which I have given him the statement. Cibil is 832.

What do you think are the chances for my approval? Also holding current account with HDFC. I would love to have this card as my genuine business transactions are quite high.
 
Cibil is 832.
832 would be Experian score not cibil
Trying to apply for HDFC biz black metal through my RM, gave him all the details. My revenue is in crores but net ITR is way less than 21L requirement
Once rejected maintain loads of money in Your sb account


If everything is good
Hdfc will give u biz card but not sure they will give buzz metal or bizz grow or bizz what
 
Hey guys first post here!
Trying to apply for HDFC biz black metal through my RM, gave him all the details. My revenue is in crores but net ITR is way less than 21L requirement. Also holding ICICI Amazon card with 5L for which I have given him the statement. Cibil is 832.

What do you think are the chances for my approval? Also holding current account with HDFC. I would love to have this card as my genuine business transactions are quite high.
Revenue in crores but ITR < 21 L , how is this possible ? Evading tax or revenue in black ? While issuing cards banks also look at these things whether cards will be used for illicit purposes . Good luck with that !
 
Hey guys first post here!
Trying to apply for HDFC biz black metal through my RM, gave him all the details. My revenue is in crores but net ITR is way less than 21L requirement. Also holding ICICI Amazon card with 5L for which I have given him the statement. Cibil is 832.

What do you think are the chances for my approval? Also holding current account with HDFC. I would love to have this card as my genuine business transactions are quite high.
Reasonably good chances of getting approval...
My view: you will get the card..

Only Caveat: Your nature of business and business type..
 
Hey guys first post here!
Trying to apply for HDFC biz black metal through my RM, gave him all the details. My revenue is in crores but net ITR is way less than 21L requirement. Also holding ICICI Amazon card with 5L for which I have given him the statement. Cibil is 832.

What do you think are the chances for my approval? Also holding current account with HDFC. I would love to have this card as my genuine business transactions are quite high.
If hdfc is your primary current account, then you can easily get it. My branch people got it for people with much lower transactions.
 
Revenue in crores but ITR < 21 L , how is this possible ? Evading tax or revenue in black ? While issuing cards banks also look at these things whether cards will be used for illicit purposes . Good luck with that !
Revenue (turnover)
Gross income
Net income

There are massive differences between all 3 of these… what I was referring to as my ITR being below 21L was for my net taxable income… my profit minus other deductions. Why would I have even mentioned it if my revenue was in black as that wouldn’t matter in my credit card application at all anyways 🤣
 
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