BOB Radiance

[CARDBITRAGE]

Hello! I have been told by my BM that I have been onboarded into BOB Radiance. But I have not received any sort of confirmation. The BM says an RM hasn't been mapped to my account yet, but it's been more than 2 months. I easily maintain more than the required NRV. Moreover, there has been no change in my BOB World and net banking interface. If anybody is part of Baroda Radiance, can you please tell me how I can confirm the same? Also, is there any change in the BOB world app and net banking? Thank you.

 

[Bhagat Singh]

what is "high leverage" in cibil score?

It means he his total credit limit from other financial institutions is too high compared to his income.

There are RBI guidelines which every financial institutions has to follow.

Due to this even if you have great cibil score and income proof. banks can deny to give you credit card, limit enhancement, or loans if you have high leverage/ credit exposure

 

[SSV]

what is "high leverage" in cibil score?

When your total Credit granted is too high wrt to your reported Income..

Example:
Your total unsecured credit limit on all your reported accounts in CIBIL is 50L and your reported yearly income is 5L.....
In this case, the Banks think it is really hard for the customer to service the total available credit line if utilized fully, with mere 5L annual income..
hence highly leveraged, lets not give hime more credit line...

 

[imuntitled]

It's quick for radiance customer. You have to apply offline with radiance RM. If RM has good experience he'll get you eterna Ltf without any documents.

Thanks for info
Will try to get Eterna via this route 🙂

 

[urboss]

It means he his total credit limit from other financial institutions is too high compared to his income.

There are RBI guidelines which every financial institutions has to follow.

Due to this even if you have great cibil score and income proof. banks can deny to give you credit card, limit enhancement, or loans if you have high leverage/ credit exposure

ah, ok. Side effects of too many credit cards. Must be happening with me as well as i faced some rejections out of nowhere recently.
But does bank inform the customer about high leverage? I guess no...they always says "due to internal policies...."
@SSV

 

[SSV]

ah, ok. Side effects of too many credit cards. Must be happening with me as well as i faced some rejections out of nowhere recently.
But does bank inform the customer about high leverage? I guess no...they always says "due to internal policies...."
@SSV

Yes, they cite internal policies mostly… but if we persist some may disclose the actual reason

 

[jetesh]

Can't guarantee but 99% chance Having radiance relationship will bypass this issue. It depends on your RM knowledge. There is solution of every problem. If same issues arises again radiance team can take approval for exception.

Initial amount req to upgrade to Radiance account ??

 

[Bhagat Singh]

Initial amount req to upgrade to Radiance account ??

10 lakhs funding if you don't have customer id with bob bank.

 

[jetesh]

10 lakhs funding if you don't have customer id with bob bank.

opened a new account just 2-3 weeks ago.

 

[Bhagat Singh]

opened a new account just 2-3 weeks ago.

Fund 10 lakhs and talk to radiance RM. He'll upgrade. Your account is new so it shouldn't take more than 2 weeks to upgrade

 

[jetesh]

Already op

Fund 10 lakhs and talk to radiance RM. He'll upgrade. Your account is new so it shouldn't take more than 2 weeks to upgrade

Done. Many thanks, however as of right now, no RMs have been appointed by the bank. If it's feasible, could you kindly share the number of your RM?

 

[Bhagat Singh]

Already op

Done. Many thanks, however as of right now, no RMs have been appointed by the bank. If it's feasible, could you kindly share the number of your RM?

Bhai mera RM Chu hai. I transferred my account to rural branch. Kaam krne k bajaye khraab aur kr dega.
2-3 branch visit krke dekh lo. Even I'm searching for a good RM to apply for Ltf eterna as i am radiance customer now.

 

[jetesh]

Bhai mera RM Chu hai. I transferred my account to rural branch. Kaam krne k bajaye khraab aur kr dega.
2-3 branch visit krke dekh lo. Even I'm searching for a good RM to apply for Ltf eterna as i am radiance customer now.

LOl.... Bro, have you ever tried for a LTF BOB opulence debit card??? Someone in this forum told me that Radiance customers are getting a LTF Opulence debit card. Is that true?

 

[Bhagat Singh]

LOl.... Bro, have you ever tried for a LTF BOB opulence debit card??? Someone in this forum told me that Radiance customers are getting a LTF Opulence debit card. Is that true?

No only visa sapphire debit is free all others chargeable

 

[jetesh]

No only visa sapphire debit is free all others chargeable

Ohkay got it thanks.

 

[SSV]

Lets update the eterna application experience.
Will the usual process of cibil, doc submission the same as normal or is it a simple process for applying and getting approval for radiance customers?
My main aim of opening radiance is to get eterna ltf quick and easily

At last , BOB SB, DC and CC all were acquirted.. complete story here:

Post in thread 'Regarding BoB radiance requirement'

Aug 16, 2024

So you will have to hold 10L in savings account to keep the radiance status?

Please keep us posted

Thanks for sharing the information 🙂 Keep us posted.

There are a lot of new options these days.

One has shared his experience with the IDFC Wealth Debit Card, and the other has shared his experience with the PNB Platinum Credit Card. Someone else in this forum has also shared their experience with the Rupay Select Debit Card.

All these cards were swiped directly at the lounge.

Even bank never asked such questions to me so far for giving credit...

• SSV

• 

 

[imuntitled]

Anyone from Gurgaon/Delhi who was NTB and opened BOB Super Savings account by 10L cheque and got upgraded to Radiance under a month?
If yes, please text here or DM me 🙂

Actually, I contacted a lady at the branch, and she told me that I need to maintain 50L in my savings account for 3 months in order to be upgraded to Radiance 😒

 

[jetesh]

Anyone from Gurgaon/Delhi who was NTB and opened BOB Super Savings account by 10L cheque and got upgraded to Radiance under a month?
If yes, please text here or DM me 🙂

Actually, I contacted a lady at the branch, and she told me that I need to maintain 50L in my savings account for 3 months in order to be upgraded to Radiance 😒

15L not 50L

 

[imuntitled]

15L not 50L

Did you gave 10L cheque?
City?
How long did it take to upgrade to Radiance in your case?

 

[jetesh]

Did you gave 10L cheque?
City?
How long did it take to upgrade to Radiance in your case?

2-3 months ......

 

[risingphoenix24]

RM is missing for my radiance ac for a long time now shows NA from last 2 months/
showing for you guys?

earlier there was a mention of level 1 level 2 in the monthly statement but now that is also missing