Applied for LE by sending Payslip and Bank Statement to Chennai Office

[federer.reddevil]

After mailing hdfc for LE with Payslip and Bank Statement they asked mt to print the same and attest them and send it to their famous Chennai office or drop it in dropbox in one of their branches.

Since the limit I have is very less only 50k in HDFC and most of the time I am spending around 25-30k (around 50% utilisation which I know is high and now that I received Swiggy LTF with which it will only increase) i thought its time to send those docs and manually apply for LE rather than waiting for one to arrive.

After printing and attesting the docs I visited the HDFC branch office to put it in the dropbox and asked the CC executive regarding the same. She suggested me to include a letter asking for LE which I attached with these docs.

Now I am waiting for HDFC to provide me with decent enough LE so that my utilisation will be below 25%. I will update how it goes.

Note: Anyone has tried this method and do they know how long it takes for HDFC after sending these docs to provide LE?

 

[vishalgupta2]

I haven't used this to get a LE, but in the world of HDFC things work best if you have a good high value relationship with them and have a useful RM (very rare).

This said if your income and credit score support a better limit, you should have no problem getting it. A couple of years back Citi have me more than 3x LE (3L to 10L) with income documents

 

[gamersgzb]

Keep us posted about the percent increase in limit

 

[aniketkr.sharma]

Keep us posted about the percent increase in limit

10-20% and if income is more than double the income

 

[drsel]

10-20% and if income is more than double the income

Double the monthly income or double the annual income?

 

[aniketkr.sharma]

Double the monthly income or double the annual income?

Of course monthly, if they do annual then everyone will have total limits in crores easily

 

[Ram1]

Double the monthly income or double the annual income?

2x or 3x of monthly income

 

[aniketkr.sharma]

2x or 3x of monthly income

Depends on how old the customer is, if new 2x, if old 3x

 

[Aditya12]

I’ve used this way to request LE three times over past few years and always got it. But the lease I’ve got is 6% (recently). My limit is already around 4x my monthly income.

 

[venuharry]

I have done the same thing in last month, I got 2.2x of my salary, from limit 56k (existing) to 1.8Lac

 

[federer.reddevil]

I’ve used this way to request LE three times over past few years and always got it. But the lease I’ve got is 6% (recently). My limit is already around 4x my monthly income.

I have done the same thing in last month, I got 2.2x of my salary, from limit 56k (existing) to 1.8Lac

How long it took after posting documents to get LE?

 

[aniketkr.sharma]

How long it took after posting documents to get LE?

3 days min to 15 days max

 

[federer.reddevil]

3 days min to 15 days max

Thats great lets see how long they take for me thanks for the help

 

[hitirfan]

It would have been better if you raised your issue of LE higher via email. I did the same and got LE by sends docs on email. Took around 18 days total for multiple levels till approval.

 

[aniketkr.sharma]

It would have been better if you raised your issue of LE higher via email. I did the same and got LE by sends docs on email. Took around 18 days total for multiple levels till approval.

Mine was done in 5 days as all approval was done by my RM, So, it depends on what's your relationship too, as my letter took 4 days to reach Chennai office.

 

[venuharry]

How long it took after posting documents to get LE?

9 days for me, I have submitted documents on Monday in HDFC Bank and I got LE on next Wednesday.
They first send the local branch to regional main branch which will waste a day and from there to Chennai it will take 3 days. So, 4 days to reach to Chennai
It might got reached on Friday morning, but that Saturday was 4th Saturday of month a banking holiday. Hence, it took 9 days for me.

If you courier yourself, 2-3 days for delivery (if you are out of TN State) and 2-5 days for verification.

TIP: If you have a good amount of salary, add a little star mark beside salary credits in the printed statement. so, that It gets highlighted and they can find easily.

 

[jhanishdev]

HDFC credit card department gets to humiliate people because people beg and grovel for Infinia. It is as if they will go bankrupt if Infinia is not achieved. Imagine the situation if people just start cancelling their card with HDFC.

Sharing my personal Experience with HDFC from another post.

I have had the Business Regalia card LTF since launch. our relationship with HDFC is more than 2 decades old. I have not received a card upgrade, credit limit enhancement or spend based offers on the card since RBI ban. though of trying again but decided its best to save time.

I did try upgrading the card via PNO once without success. Our spending on the card met the upgrade criteria until recent years when I upgraded to better cards and better banks. The "PNO" offered me a paid Diners privilege in lieu of a LTF Business Regalia calling it an upgrade.

My suggestion: You are the customer and pay their salaries. Prevent stress and insult from HDFC and just go with something better.

 

[aniketkr.sharma]

HDFC credit card department gets to humiliate people because people beg and grovel for Infinia. It is as if they will go bankrupt if Infinia is not achieved. Imagine the situation if people just start cancelling their card with HDFC.

Sharing my personal Experience with HDFC from another post.

I have had the Business Regalia card LTF since launch. our relationship with HDFC is more than 2 decades old. I have not received a card upgrade, credit limit enhancement or spend based offers on the card since RBI ban. though of trying again but decided its best to save time.

I did try upgrading the card via PNO once without success. Our spending on the card met the upgrade criteria until recent years when I upgraded to better cards and better banks. The "PNO" offered me a paid Diners privilege in lieu of a LTF Business Regalia calling it an upgrade.

My suggestion: You are the customer and pay their salaries. Prevent stress and insult from HDFC and just go with something better.

Can you suggest better than dcb & infinia? With this minimal spending waiver criteria or renewal fees?

 

[Aditya12]

How long it took after posting documents to get LE?

For me it always took 10-15 days.

 

[Ram1]

I sent floater form 20days back through branch, I yet get to response from them