Credit Limit Increase Query

[vishp]

I am planning to ask CLE for my SBI card as it's low(1 lakh) impacting CIBIL score due to high utilisation. But I am also expecting that I keep getting Auto LE on my HDFC Card.
Does HDFC consider Overall Leverage while giving LEs?

 

[Anupama_Jha]

Does HDFC consider Overall Leverage while giving LEs?

May not, bcs in my case. Same ITR did LE for axis, hdfc and pnb cards simultaneously in same month.

Expect 2-3x or little higher of monthly income.

 

[vishp]

May not, bcs in my case. Same ITR did LE for axis, hdfc and pnb cards simultaneously in same month.

Expect 2-3x or little higher of monthly income.

I see. My Infinia CL is already 4x of my net monthly income. I don't think they'll ever give me Manual LE based on income docs. Hope is on Auto LE.

 

[aniketkr.sharma]

I am planning to ask CLE for my SBI card as it's low(1 lakh) impacting CIBIL score due to high utilisation. But I am also expecting that I keep getting Auto LE on my HDFC Card.
Does HDFC consider Overall Leverage while giving LEs?

You can ask for limit increase on base of FD lein, if your utilization ration is hampering alot.

 

[aniketkr.sharma]

I am planning to ask CLE for my SBI card as it's low(1 lakh) impacting CIBIL score due to high utilisation. But I am also expecting that I keep getting Auto LE on my HDFC Card.
Does HDFC consider Overall Leverage while giving LEs?

I had sent them payslips on 9th waiting till 25 to get revert about manual LE after already having limit of 2.7x monthly income.

 

[vishp]

You can ask for limit increase on base of FD lein, if your utilization ration is hampering alot.

Na. HDFC CL is fine. Nice to have a higher CL. If they give, good. If not, then also fine. But SBI is low. Will mail them.

 

[vishp]

I had sent them payslips on 9th waiting till 25 to get revert about manual LE after already having limit of 2.7x monthly income.

Do update here once you get revert.

 

[aniketkr.sharma]

Na. HDFC CL is fine. Nice to have a higher CL. If they give, good. If not, then also fine. But SBI is low. Will mail them.

Thank God, I have sufficient limit in SBI Cashback, they are more arrogant than hdfc

 

[Anupama_Jha]

Thank God, I have sufficient limit in SBI Cashback, they are more arrogant than hdfc

Thank god that u still not came under their radar.

Else abhi tak to 10/20k limit hota🤣

 

[aniketkr.sharma]

Thank god that u still not came under their radar.

Else abhi tak to 10/20k limit hota🤣

Itna limit hoga to bnd hi krwa dunga 3.1 lacs se 10k ye to sc se v sasta nasha hoga phir sbi walo ka

 

[QamarImam]

Thank God, I have sufficient limit in SBI Cashback, they are more arrogant than hdfc

kitni limit mil gayi hai bro ki itne khush ho aap ? 🙄

 

[aniketkr.sharma]

kitni limit mil gayi hai bro ki itne khush ho aap ? 🙄

3.1 lacs now

 

[CyberPsych]

How do we find out if our total credit is overleveraged when we have multiple bank cards?

 

[aniketkr.sharma]

How do we find out if our total credit is overleveraged when we have multiple bank cards?

Total credit limit should not be more than 3xAnnual income

 

[CyberPsych]

Total credit limit should not be more than 3xAnnual income

Mine is not even 2x of my annual income, still SBI is rejecting my LE request

 

[aniketkr.sharma]

Mine is not even 2x of my annual income, still SBI is rejecting my LE request

Depends on transaction as when I got auto LE, I triggered to max at 6 lacs but they ask for approval via account synchronisation and instantly increased only 1 lacs

 

[shu_sha]

3.1 lacs now

Dua karo SBI wale kahi limit decrease naa karde periodic review ke nam pe bus

 

[aniketkr.sharma]

Dua karo SBI wale kahi limit decrease naa karde periodic review ke nam pe bus

Naah auto LE hua hai aur sbi account me itna transaction hai monthly k limit uske aage kchh ni hai

 

[Anupama_Jha]

Mine is not even 2x of my annual income, still SBI is rejecting my LE request

They are psycho. Yeah believe or not🤣

 

[Anupama_Jha]

Naah auto LE hua hai aur sbi account me itna transaction hai monthly k limit uske aage kchh ni hai

Itna trxn hai, ki sms aaya🌝

Dear __________, Trxns in ur account exceed annual limits. Pls visit branch to update income details.