Kotak cc issued with very low limit

[Rahul Gupta]

Kotak approved my league platinum application today and when i checked the limit i was shocked its just 25k. So i am thinking to cancel the card. Should i cancel it or not? Its LTF btw.

 

[Wealth is my birth right!]

What's the cooling period in Kotak?

After application approved or declined how much time have to wait for new application respectively?

Post 90 days afaik
Again it depends upon lot of conditions by kotak which none knows

 

[Rahul Gupta]

Had call with Kotak, they told me 6 months 🤠. However, I believe they don't follow much of their rules AFAIK.

My card was rejected in november and now again i applied on 8rth feb and approved this time with a very low limit.

 

[D₹V]

My card was rejected in november and now again i applied on 8rth feb and approved this time with a very low limit.

Do you hold Kotak account (CRN)? Or applied as new customer?

 

[D₹V]

Post 90 days afaik
Again it depends upon lot of conditions by kotak which none knows

Yes Kotak & Axis, they don't follow rules 😛 carefully.

 

[Rahul Gupta]

Do you hold Kotak account (CRN)? Or applied as new customer?

I have 811 full kyc zero balance account from last 2 years and i keep 100rs in this account and use its debit card for online discounts. Kotak is in real loss by giving me this account lol.

 

[D₹V]

I have 811 full kyc zero balance account from last 2 years and i keep 100rs in this account and use its debit card for online discounts. Kotak is in real loss by giving me this account lol.

Yes, I didn't do KYC & 10 day before 1 year, they closed my account, lol. I'm in trouble. See my latest thread about it.

 

[Rahul Gupta]

Yes, I didn't do KYC & 10 day before 1 year, they closed my account, lol. I'm in trouble. See my latest thread about it.

I have bank account with all big banks except sbi and axis.

Sbi don't want to open my account. Mere nike ke shoes gis gaye account khulwane m🤣.

And axis. damn i am scared of this bank😅

 

[Rahul Gupta]

Yes, I didn't do KYC & 10 day before 1 year, they closed my account, lol. I'm in trouble. See my latest thread about it.

You can reopen your account by completing kyc.

 

[D₹V]

You can reopen your account by completing kyc.

Bro, as per their TnC, 811 account can't be opened once closed.

 

[D₹V]

I have bank account with all big banks except sbi and axis.

Sbi don't want to open my account. Mere nike ke shoes gis gaye account khulwane m🤣.

And axis. damn i am scared of this bank😅

You can open account in SBI online with 0 MAB with free debit card for 1st year.

 

[Rahul Gupta]

You can open account in SBI online with 0 MAB with free debit card for 1st year.

Branch visit is required bro.

 

[Rahul Gupta]

Bro, as per their TnC, 811 account can't be opened once closed.

damn.

 

[D₹V]

Branch visit is required bro.

Not required bro, I opened via YONO. Did video KYC and done, everything working.

 

[Rahul Gupta]

Not required bro, I opened via YONO. Did video KYC and done, everything working.

Did you receive a cheque book?

 

[D₹V]

Did you receive a cheque book?

Don't remember, probably no.

 

[Rahul Gupta]

Don't remember, probably no.

This is the problem, if you choose without branch visit account then you won't get a cheque book. btw can we get rupay platinum dc via netbanking or without visiting branch?

 

[Wealth is my birth right!]

I have bank account with all big banks except sbi and axis.

Sbi don't want to open my account. Mere nike ke shoes gis gaye account khulwane m🤣.

And axis. damn i am scared of this bank😅

My experience with kotak is a **ck and suck relationship I had savings account which has 2500 minimum balance and I did balance upto 6lac and also 8 years account maintained well and one time they offered white card ltf on app and I applied but to my surprise when approving they said since it’s Pre approved and no documentation they can’t offer ltf and asked to take paid one
I felt they scam me and asked not to process cc application and next 10 days I visited branch and said this as reason got my account closed
Branch manager begged a lot but I don’t want such false or fake banking guys

 

[D₹V]

This is the problem, if you choose without branch visit account then you won't get a cheque book. btw can we get rupay platinum dc via netbanking or without visiting branch?

No, you cant get RuPay Platinum without branch visit. Also I don't need cheque book honestly.

 

[AsB]

If a card is LTF and you dont have a problem keeping, never close it just because it has low limit. Kotak bank is generous in giving limit enhancement. Use it once or twice, like evey alternate month, and then stop using for 2-3 months. They will give LE.
If you close your card, it will be very difficult yo get another one.

 

[moonsmart]

If a card is LTF and you dont have a problem keeping, never close it just because it has low limit. Kotak bank is generous in giving limit enhancement. Use it once or twice, like evey alternate month, and then stop using for 2-3 months. They will give LE.
If you close your card, it will be very difficult yo get another one.

Do they give card through online application without having a savings account?