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IDFC shown me pre approved card and now saying application rejected

Seth

TF Premier
IDFC sent me text with pre approved IDFC card as below:

Hello

Applying for a credit card has never been easier! 🚀

Here's what you can expect when you apply for the IDFC FIRST Bank Credit Card:

➡️Complete your Credit Card application in minutes.
➡️ It's pre-approved, so receive quick approvals.
➡️Start using your virtual card immediately.

Your convenience is our priority!

Always You First,
Team IDFC FIRST Bank
TCA

I selected LTF Millennia and after home verification they rejected my application

IDFC bank truly pathetic bank and worst than Axis


I already have axis, SBI ,ICICI, AU & good cibil

what should I do now?

Should I file complaint in RBI for this , as it clearly wrote pre approved and instant virtual card ,
so it's misleading and clear lie to get customer!


If it was not pre approved then I wouldn't even try to apply for such card
 
IDFC sent me text with pre approved IDFC card as below:

Hello

Applying for a credit card has never been easier! 🚀

Here's what you can expect when you apply for the IDFC FIRST Bank Credit Card:

➡️Complete your Credit Card application in minutes.
➡️ It's pre-approved, so receive quick approvals.
➡️Start using your virtual card immediately.

Your convenience is our priority!

Always You First,
Team IDFC FIRST Bank
TCA

I selected LTF Millennia and after home verification they rejected my application

IDFC bank truly pathetic bank and worst than Axis


I already have axis, SBI ,ICICI, AU & good cibil

what should I do now?

Should I file complaint in RBI for this , as it clearly wrote pre approved and instant virtual card ,
so it's misleading and clear lie to get customer!


If it was not pre approved then I wouldn't even try to apply for such card
Home verification for pre approved?

Are you sure it's pre approved? Do you hold savings account with them?
 
Home verification for pre approved?

Are you sure it's pre approved? Do you hold savings account with them?
Yes check the message I pasted

I had Flipkart IDFC credit line previously, so have account (as loan)and done KYC previously

They are calling for loan since 5 years but I never responded as not needed

Recently got credit card pre approved message that's why applied
 
Yes check the message I pasted

I had Flipkart IDFC credit line previously, so have account (as loan)and done KYC previously

They are calling for loan since 5 years but I never responded as not needed

Recently got credit card pre approved message that's why applied
Previously? you mean you closed it now?

Also i am not 100% sure if credit line be considered?

Tagging Expert @SSV
 
Should I file complaint in RBI for this , as it clearly wrote pre approved and instant virtual card ,
so it's misleading and clear lie to get customer!
Same happened to me also

Verification agent must put some negative knowing or unknowingly thats why your application get rejected after verification.

No, RBI ombudsman wouldn't help you here to approve the card even if it was pre-approved to you.

you can get the actual reason of rejection by writing to the nodal team.

If you didn't get actual reason then file RBI ombudsman for reason and compensation.
 
Same happened to me also

Verification agent must put some negative knowing or unknowingly thats why your application get rejected after verification.

No, RBI ombudsman wouldn't help you here to approve the card even if it was pre-approved to you.

you can get the actual reason of rejection by writing to the nodal team.

If you didn't get actual reason then file RBI ombudsman for reason and compensation.
Yes definitely you are right
It's issue with verification agent who came to me.

Home verification person was not educated and he filed 30-40 question form in his app without checking properly
He did mistake to fill the form

I have seen that he is just selecting random answer without asking me questions , in reality all questions should be file after asking me for verification

He also wrote wrong business name and business type , I quickly noticed and told him to correct ,
Then he rapidly filed all the answers so his time didn't get wasted
Such a pathetic work!

I asked if he is from main branch?,
He replied no we are from private agency

IDFC gave contract to agency and they are have no appropriate educated candidate
They just hire who have bike and travel and take 15k salary or less.
 
Yes definitely you are right
It's issue with verification agent who came to me.

Home verification person was not educated and he filed 30-40 question form in his app without checking properly
He did mistake to fill the form

I have seen that he is just selecting random answer without asking me questions , in reality all questions should be file after asking me for verification

He also wrote wrong business name and business type , I quickly noticed and told him to correct ,
Then he rapidly filed all the answers so his time didn't get wasted
Such a pathetic work!

I asked if he is from main branch?,
He replied no we are from private agency

IDFC gave contract to agency and they are have no appropriate educated candidate
They just hire who have bike and travel and take 15k salary or less.
Complaint against him in detail and request for reverification
Rest is bank's decision
 
In case of HDFC you will never know, their policies are more flexible than Baba Ramdev's back.
So I will suggest to apply and try your luck
If they somehow ask, I can just ignore the application and decide not to proceed with it, right?

Will there be any issues for my savings account because of that?
 
If they somehow ask, I can just ignore the application and decide not to proceed with it, right?

Will there be any issues for my savings account because of that?
Dude, don't confuse savings relationship with credit card(debt), you will only be in trouble if you don't repay your bill in time.
So, Yes go ahead if you want this card.

(But personally, for a student I will never recommend any credit card.)
 
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