Search results for query: over leverage

After getting 3 rejection under the name of OVER-LEVERAGE (U2), "Meri Chappal Kahan hai" meme got real. Look at images, Sbi giving away even Elite, BPCL (FyF) but the moment i ask for CASHBACK card, Sbi throws OVER-LEVERAGE card. Then why the ****** Pre-approved cards???

Definitely for guy's not having SBI CB and won't get any SBI cc due to over-leverage

No. SBI won't give that card using over leverage excuse. More over m4b is M4rut Bharat not on indigo.

over-leverage not an issue for you?

Sbi over leverage and many cards issues it seems

Around 27lakh overall limit Over leverage was the rejection reason

I was going to say the same. Insurance and jwellary are 2 distinct features, and one will follow the other in series of devaluation. Uske baad Ultimo becomes similar or more attractive than this overleveraged overhyped card

Can someone please share the escalation matrix of OneCard, including PNO mail id? I have raised limit decrease around 1.5 months ago from 3L to 1.5L due to over leverage issue, but that has not been processed yet.

Your CIBIL score and leverage ratio?

Discounts work but I don't know about over-leverage situation. If you find out do let me know. I think banks have terrible and flawed algorithms which aren't sophisticated enough to exclude secured/FD-based cards from "credit exposure". They must be counting these as well when punishing us...

I also want to close this cc, is there any possibility of any upgrade like Axis? If i close this cc, they will keep me under leverage issue as i have several cc and fall under over leverage according to sbi.

Ok now my Sbi click application is rejected citing internal policy. An agent said it's bcoz of over leverage

SBI gave me a rejection today.. was expecting it due to over-leverage.. now thinking of HDFC ultimo 😂 Cibil hits might be a problem.. should I wait for a few days or apply today itself? SBI hit cibil today

Y E S

New card ke liye over leveraged ho but SBI sabko RuPay card over-leveraged hone par bhi de dega (Maybe NPCI ke order ki wajah se) but existing card se limit se split karke.

Yes over leveraged. Can’t do anything about that. Self employed. So ITR is less.

How does SBI know my annual income? I wanna check over leverage case. But i dont think my income is present in CIBIL

Many existing cb card users got SBI phonepe black select RuPay credit card too.