U also had plenty of cards right? Didn't this overleveraged issue happen with you? Or you closed some cards so that overleveraged can be prevented?
What are your limits in cashback and phonpe cc?
Same case with me. I have escalated to CS Head. They called me and asked 2 months payslips and account statement. Shared with them and waiting for response. Mostly, they won't approve.
Overleveraged problem RBI ke order se hua uska solution nahi hai but agar shared limit ke sath card issue karne laga SBI to overleveraged se fark nahi padega like other banks.
Aurum card application rejected due to overleveraged. But RM and his manager trying to get exception approval. Is this possible?? Did anyone got exception approval??
Union Divaa and JCB Wellness.
There's bigger overleverage issue with UBI, if your total CC limit is more than 75% of your income then you are overleverage.