Search results for query: over leverage

where you using that much

Could be the case. Anyone here who got this card and is a new SBI card holder? Also I'm one of those who got this card as my 3rd SBI card with limit of 2.8L

Damn! That's an angle I overlooked this time.

Still rejected saying over leverage issue. I guess they copy paste the same template everywhere. Again sent request to issue a new card splitting my existing credit card limit. Let's see what happens. But i guess that also won't work

I have already said it in another thread some 6 months back. SBI will surely be no.1 soon unless HDFC improves their CC application experience. The only reson holding back SbI Cards is the OL issue.

how 4k .. there is a cashback limit ..

Yes apply in first week and also ensure no other bank queries in cibil when applying 👍 done

Bro, that's another thing he wants where he will get fast and surety of approval is good, so I suggested phonepe as it's a cobranded with phonepe

...it's not possible. There is no LTF card in their portfolio. Though afterwards using the card they sometimes make LTF. In fear of over leverage issue I am not closing simply click, though I don't need it. I am waiting for the time when they start upgrading to phonepe card from existing...

...is technical, internal, confidential, etc., etc., and that they are being transparent by telling customer that reason is due to over leverage which means more debt blah blah blah, RBI may not be able to make them disclose. The other thing is SBI Cards is a private organization. You cannot...

HDFC ne direct apply option diya hi nahi hai. SBI direct apply option hamesha deta hai. Isi wajah se race me aage nikal gya wo. But over-leverage issue ki wajah se wo race me piche hi rahega. 🤣🤣

I was denied one without a credit inquiry. The reason was that the branch staff did a credit inquiry and an application ~ 18-19 years ago which I wasn't even aware about. It was still in their system.

I had no enquiries in 18 months till Aug, and since Aug till now 4 enquiries. Need to have hard stop now at-least till mid off 2026 lol

4 bar simply click reject hua hai..including 1 preapproved cc..so yes..ye chacha vidayak wala scene nei hai lol..ki muh se bol denge to approve ho jaenge

Understood, and I can reduce my icici limits to 1.5L as I don't have much use these days, but it can be increased after 6 months when I get sbi, right? And I talked to their pno, they told only over leverage reason.

can we solve over leverage issue with offline agents?

Bhai ab toh decline hoga over leverage. Sbi be like - 😎 jalwa hai hamara card decline karne ke liye limit enhancement dete hai.

They can only hit your CIBIL only when you try to apply, right ?

apply in the next week, just to be on a safer side... this card is not going to go away any soon..

Phonepe, Yono, SBI NetBanking or any other platform se apply karne par reject hi hoga over leverage hone ki wajah se.