Search results for query: over leverage

Have Housing Loan, Yes Bank Neon Click Rupay Card, Auto Loan.

at least that helps righT?

Many PSU banks do this. SBI isnt alone. RBI can't do anything as it is a internal policy of SBI. If some of them turns NPA, RBI won't come to save SBI. The only way is to reduce limit on other cards and then apply.

Good policy. Don't take too much credit. Sbi may deny their cc for credit over leverage

Any update ??

They have saved me from sbi over leverage issue😂

Over leverage is still an issue with sbi cards, right?

...FD amount? I understand that it's an FD card and FD does earn interest, but wanted to double check. Does it have any impact if we have over leverage issue in our cc portfolio? Just asking as I would only use these cards for bank discounts and nothing else, current total limit on my cc's is...

Then you are very close to over leverage as per SBI.. Of you want to get another sbi card , Try to do one or both of the below.. 1) Reduce your total unsecured loans ie cl on ccs and personal loans if any 2)Increase your income Then apply for SBI cb card

May be rejected due to over leverage

Thanks for your valuable insights. Do they consider over leverage factor like sbi?

Clear cool-off period is also to be taken into account.

Not for the cards that are available only online. They will provide offline cards.

My SCB card application was rejecte then possibly because of lots of enquiries or over leverage.. Because of that only I stopped applying for any cards for 14 months... Now I lost interest in them...

Rejected as well. Only 5 cards Credit utilisation less than 1 per cent Over leverage is all bakwaas

...for any CC in the last 14/15 months...like proper from the scratch application...(ie. Not the pre approved cards).. So tested my over over leverage situation successfully... need to tidy up my portfolio... recently closed two amex cards PT and Gold.. still more cleanup is there... my...

SBI (Over-leverage) Cards HDFC ka market nahi kha sakta. :rolling-on-the-floor-laughing:

Haan mujhe bhi reject kiya

True.. I forgot that they never offered any card as LTF, but they later make it LTF. Yes.. dont ever close any SBI card which is the last SBI card.. we will never ever get into their system again...