HDFC C2C timeline

[RM95]

How long does it take to receive any intimation (approval/rejection/anything) from HDFC after applying for a credit card via C2C method?
I applied by signing on a physical form last Wednesday. Haven't received anything from them since then.
Also, what determines the credit limit of the new card?

 

[SubhankarSubhankar is verified member.]

How long does it take to receive any intimation (approval/rejection/anything) from HDFC after applying for a credit card via C2C method?
I applied by signing on a physical form last Wednesday. Haven't received anything from them since then.
Also, what determines the credit limit of the new card?

It typically takes 7-10 working days. If it's still stuck, mail the grievance

Credit limit get determined by many factors, such as your submitted card's limit, available credit limit, total credit exposure, income, very minor on CIBIL unless no default/late payment etc. Bank has their own parameters to decide as well. There's no "standard metrics" for all

 

[Card_Crafter]

@Subhankar I have a query. What should be the ideal utilisation ratio for C2C process? Like for a good credit score the utilisation ratio should be <30%. Is it same for the primary card in C2C process? Do they also look into the type and volume of transactions we are doing on the CC while deciding the credit limit?