(Limit increase)Update your SBI App and check if you have limit increase option under benefits.

[ishtiyaaqahmed]

I updated the SBI App yesterday and got limit increase option under benefits section in the SBI App.

My limit went from 1.32 to 2.32 for my exactly 1 year old SBI Cashback card.

Do try and check.

 

[guest_123]

In actual, my total limit across cards is less than my gross income.

Is that your ITR based income or something calculated using all the perks/benefits in a pvt job?

 

[Swastik]

AMEX is very lenient in giving credit limits.

Not for me, but I'll take your word for it

 

[Swastik]

Anything more than 2 to 2.5 times itself is like flirting with danger as far as SBI'S overleverage is concerned...

SBI is most conservative when it comes to limits

 

[Swastik]

Is this it? Because I wish it was that high.

In actual, my total limit across cards is less than my gross income. The only steep one is ICICI which I might bring down since banks don't consider ICICI for C2C
View attachment 69144

Oh wow wow wow,
Amex should be sending you Centurion invite anytime soon

 

[SSV]

SBI is most conservative when it comes to limits

As I mentioned sometime before, that is because their ( SBI cards, not SBI bank) only business is credit card.. so underwriting team is at work and very strict, which is very understandable

 

[Swastik]

As I mentioned sometime before, that is because their ( SBI cards, not SBI bank) only business is credit card.. so underwriting team is at work and very strict, which is very understandable

Yup, SBI cards is kind of public private partnership between SBI and GE capital/Chylyl group or something

 

[shivamk]

Yes, that is the one..
When are you buying your private yatch ?

Oh wow wow wow,
Amex should be sending you Centurion invite anytime soon

Only after SBI sends me a limit increase so that I can buy the yacht on EMI and then Centurion on C2C.

BTW any way to get this corrected. This might be getting flagged as an outlier by bank algorithms

 

[Swastik]

Yes, that is the one..
When are you buying your private yatch ?

Private jet might be more up his alley

 

[shivamk]

Is that your ITR based income or something calculated using all the perks/benefits in a pvt job?

Are you talking about the income in screenshot? Then its nowhere near that figure, even not 1/10th of it.

 

[shivamk]

Private jet might be more up his alley

But I still need Regalia Gold so that I can access airport lounge when I take the jet off 😂

 

[Swastik]

Is this it? Because I wish it was that high.

In actual, my total limit across cards is less than my gross income. The only steep one is ICICI which I might bring down since banks don't consider ICICI for C2C
View attachment 69144

But in all seriousness banks have an upper limit of how much unsecured credit limit they can offer, which is anywhere between 20L to 50L, peanuts at your income level,
Charge cards with no pre set limts is more suited for you my friend

 

[SSV]

Only after SBI sends me a limit increase so that I can buy the yacht on EMI and then Centurion on C2C.

BTW any way to get this corrected. This might be getting flagged as an outlier by bank algorithms

Don't worry about it, it will get overwritten by the next successful application ..
It won't cause any issues in general

 

[Swastik]

Only after SBI sends me a limit increase so that I can buy the yacht on EMI and then Centurion on C2C.

BTW any way to get this corrected. This might be getting flagged as an outlier by bank algorithms

Why would you want to get it corrected,
Ride that wave my friend,
This credit report will open so many doors for you,
Forget HDFC idiots and just keep going on

 

[BhaiyaJi]

Is this it? Because I wish it was that high.

In actual, my total limit across cards is less than my gross income. The only steep one is ICICI which I might bring down since banks don't consider ICICI for C2C
View attachment 69144

May I know the bank which reported this?

 

[shivamk]

May I know the bank which reported this?

No idea bro, but might be Indusind/Axis since I applied Pinnacle and Airtel Axis in July

 

[shivamk]

But in all seriousness banks have an upper limit of how much unsecured credit limit they can offer, which is anywhere between 20L to 50L, peanuts at your income level,
Charge cards with no pre set limts is more suited for you my friend

Bhai itni income hoti toh TF pe Millennia le lu ya nhi ye nhi puch raha hota 😂

 

[SSV]

May I know the bank which reported this?

I think indusind, does this

 

[rrsji]

wahh, option denge pr karenge nahipichale 8 saal se ek limit pr taang rakha hai

 

[panu24]

Is this it? Because I wish it was that high.

In actual, my total limit across cards is less than my gross income. The only steep one is ICICI which I might bring down since banks don't consider ICICI for C2C
View attachment 69144

Which was the last credit card you got approved? Probably that bank updated it?

 

[shivamk]

Which was the last credit card you got approved? Probably that bank updated it?

it was Indusind Pinnacle