shivtej
TF Buzz
So I recently applied for BoB credit card(13 August). It was showing as LTF. So I went ahead with the application and thought it will be approved as my CIBIL is 764 and I have CC from other 3 major banks and also have BoB savings acc from last 7 years with good balance. Also my credit utilisation, I keep it below 10%. And my overall limit is also less than my income.
But as there was no update even after 10 days on my application I thought to check the status and to my surprise it was rejected with the same stupid reason of internal policies.
So I asked them on email to specify the proper reason they responded that I am declined due to risk. So I again asked to justify what risk I pose as my profile is good and even submitted my salary slip(more than 35k) and statement as well. Then finally after 7-8 days they replied that my permanent and work address distance is high, which is just absurd(the distance is just 120km). As I live in PG at my work address and my permanent address is of my hometown, so obviously they won't be the same and I don't understand how that poses a risk.
Also physical verification of my home address was done even though I have a savings account with them, kyc was not done though.
Don't know what to do here. As whenever I reply on e-mail, a new request is created and if I am lucky I get a reply. The no provided on their website does not connect as well.
Can anyone help me out here.
But as there was no update even after 10 days on my application I thought to check the status and to my surprise it was rejected with the same stupid reason of internal policies.
So I asked them on email to specify the proper reason they responded that I am declined due to risk. So I again asked to justify what risk I pose as my profile is good and even submitted my salary slip(more than 35k) and statement as well. Then finally after 7-8 days they replied that my permanent and work address distance is high, which is just absurd(the distance is just 120km). As I live in PG at my work address and my permanent address is of my hometown, so obviously they won't be the same and I don't understand how that poses a risk.
Also physical verification of my home address was done even though I have a savings account with them, kyc was not done though.
Don't know what to do here. As whenever I reply on e-mail, a new request is created and if I am lucky I get a reply. The no provided on their website does not connect as well.
Can anyone help me out here.
