Does this mean I shall get the card ?

[Captain Levi]

 

[praful47]

View attachment 79721

No , there might be office or home verification

 

[Krishna Kumar]

Not yet. If everything goes fine, then you may get the card by 10 Jan.

 

[SunnyM]

Its still under process. Would be approved most probably though.

 

[hitirfan]

Credit Review is important stage.

 

[harsh_ujjwal]

Depends.. If credit score is in excellent category it will get approved without verification or income docs.

 

[Captain Levi]

No , there might be office or home verification

I have business. Today a guy came for business verification. After that Bank sent me a message to re enter business adress as there was some problem on verification.

 

[Captain Levi]

Depends.. If credit score is in excellent category it will get approved without verification or income docs.

My current CIBIL Score is 774 . But my credit age is very low . Only 1 year 6 months . My First CC was issued on 5th June 2023. That was a pre approved Flipkart Axis . Nothing prior to that .

 

[Vasuki]

View attachment 79721

It means nothing
Don't high hopes
They jiggle back and forth

Even 10th deadline is just a date not Lakshman rekha.
Chill

 

[harsh_ujjwal]

My current CIBIL Score is 774 . But my credit age is very low . Only 1 year 6 months . My First CC was issued on 5th June 2023. That was a pre approved Flipkart Axis . Nothing prior to that .

They may do physical verification. If you have lesser no. of enquiries n credit utilisation within limit then 90% chances of approval is there.

 

[Captain Levi]

It means nothing
Don't high hopes
They jiggle back and forth

Even 10th deadline is just a date not Lakshman rekha.
Chill

Experienced IDFC First prior to this . Sometimes I confuse with the algo banks use to approve CC's . No CIBIL getting card but I am not getting with minimum limit.

 

[Captain Levi]

They may do physical verification. If you have lesser no. of enquiries n credit utilisation within limit then 90% chances of approval is there.

Are your talking about last month enquiries or Total enquiries. My Net Credit Utilisation Ratio is 9%. Never goes above 10%. I have total limit of 2.05lakh . I have very limited spends . Needed IDFC First CC for strengthening inventory .

 

[Vasuki]

Experienced IDFC First prior to this . Sometimes I confuse with the algo banks use to approve CC's . No CIBIL getting card but I am not getting with minimum limit.

Experienced IDFC First prior to this . Sometimes I confuse with the algo banks use to approve CC's . No CIBIL getting card but I am not getting with minimum limit.

I applied 3 times all time
Home verification fail as I didn't entertained them

I got pre approved on address I took 2k idfc wow 3 years ago

Their algorithm is css * 1st year writing html project for hello world 😂

 

[Captain Levi]

I applied 3 times all time
Home verification fail as I didn't entertained them

I got pre approved on address I took 2k idfc wow 3 years ago

Their algorithm is css * 1st year writing html project for hello world 😂

I got Wow for 1 lakh FD . I was newbie then . I didn't know that FD backed cards blocks the FD from redemption . I thought I can break it anytime I want . As the money I used is for savings. But after knowing the whole story I closed the card the same day it is delivered . Because in the time of emergency it will take minimum 15 days for them to credit my FD . And I was right . It took them 20 days to refund my FD amount .

 

[harsh_ujjwal]

Are your talking about last month enquiries or Total enquiries. My Net Credit Utilisation Ratio is 9%. Never goes above 10%. I have total limit of 2.05lakh . I have very limited spends . Needed IDFC First CC for strengthening inventory .

I mean recent enquiries within 2-3 months.

 

[Captain Levi]

I mean recent enquiries within 2-3 months.

One ICICI ( not approved ) , One RBL ( approved) , and one from IDFC .

 

[Credit_Cards]

recent enquiries are mostly irrelevant for IDFC if you meet their salary and cibil criteria only Home verification is the caveat .

 

[Captain Levi]

recent enquiries are mostly irrelevant for IDFC if you meet their salary and cibil criteria only Home verification is the caveat .

As I have business salary is not a question anymore. And if they ask ITR , my business belongs from Suburb started by my family. So ITR is a foreign concept.

 

[Credit_Cards]

As I have business salary is not a question anymore. And if they ask ITR , my business belongs from Suburb started by my family. So ITR is a foreign concept.

They don't ask the proofs they only ask you to fill only verification - verification they do is communication address physical verification via third party agent

 

[Captain Levi]

They don't ask the proofs they only ask you to fill only verification - verification they do is communication address physical verification via third party agent

That was done today. He filled a long form in his mobile. After 1 hour I recieved a message that they can't verify my business adress . So I clicked on the link and re entered adress.