Search results for query: over leverage

Did you not get any update yet? I had got app notification that your card is approved or something like that

That can also be a good reason for rejection. Seriously if SBI considers 18L overall CL to be over leveraged, they are going to be out of business very soon. There will definitely be a second criteria to calculate overleverage and cannot be just the CL.

You will face this situation with PSU, as they take your total debt into consideration. (over leveraged..?) For some time don't take LE from private players, if you badly need LE on PNB as it's a sticky situation.

My card is also getting declined. Tried 4 times till now and gets rejected. They are saying I'm over leveraged itseems. Not sure how to get the card

I'm also getting 500gv offer. Still not much enticed yet since card is so useless that I won't even be able to spend 100 rupees in this card for a year. Don't want to over-leverage and waste an enquiry for only one additional lounge access per quarter.

I feel like you’re over-leveraged. You can’t really afford to purchase that house if you need to take another loan on top of an already ongoing one just to put the down payment on the house.

So what limit you got as you applied CB first? I heard they offer less limit. And what about home and office verification in your case?

So basically according to him, one can get cards only between 18 - 30 yrs of age. Start trying for EPM/Infinia type of cards from childhood and by the time you turn 29 one would get it

Yes, already SBI considering Over leverage. Yes I am happy with combined limit. But whoever are waiting and got, it would be good offer for them.

so, it is not even 2 times your annual ITR and yo are already classified as Over-leveraged in the eyes of SBI..

Sbi cb card can't be applied offline. Only through online website its possible. But they have strict over leverage policy. If u already have one sbi card with high limit or you more bank cards with high limits, they likely reject this card. I myself faced rejection 5 times for this card...

You won't get upgrade to octane easily

But I didn't know my rejection details of previous cards.

Over-leverages issue Try offline way

I think you are over leveraged not because of CL but because of 0 utilization. How many enquiries do you have in last 3 months and last one year? Closing cards will not help you. Try to utilize your cards and if you are unable to do so I will happily help you out here :D :D Also please share...

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Maybe over leveraged

Unfortunately in this case SBI assumes it as 5 L income only !

I know one case where person tried 3 times with interval of 90 days last one year but still SBI keep rejecting him as overleveraged. Indeed he is overleveraged but all 3 times he did not submit any income documents and cibil does not have his income details. He is self employed. Wonder how sbi...

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