[Need Help] PhonePe SBI Card SELECT BLACK application rejected for no clear reason

[skywalker]

I just applied for the PhonePe SBI Card SELECT BLACK via the PhonePe app, and entered my employment details and completed my instant KYC using Aadhaar and online bank verification (although they only got my Aadhaar verified via DigiLocker but never made me do the online bank verification by making any ₹1 transaction), and then after getting a text message from SBI Card team regarding my application submission, I instantly got to see a screen within the PhonePe app that my card application has been rejected “due to internal policies”. I also tried tracking the application status on the SBI Card website but I’m getting the “invalid application number” error.

Has anyone else also experienced this? How and when can I re-apply for this card and get the application approved?

FYI, I already have the SBI Cashback Card (paid) and a savings account with SBI.

 

[nikhilv0303]

bro, can you check the status using your application number?

After OTP it gives this

 

[akshayhs]

which card was it?

Same. PhonePe Black

 

[b4bhar]

After OTP it gives this

View attachment 112916

Use the workaround option to check the status.

Post in thread 'Workaround way to track your SBI application from the SBI cards website even after getting incorrect application number error'

Oct 23, 2025

E sign done? after e sign application formally submit for final review

Mine is reconsideration application

• b4bhar

 

[skywalker]

My friend had been rejected initially, but through a known contact of mine, he got it approved. They asked for latest 3m salary slip. It was his 7th card and I was sure he was not overleveraged but for some reason unknown to me, his application had been rejected. He got a decent limit of 130k as well. To conclude, if they feel you can get the card, they will give. Otherwise you don't even get to know what happens if it goes to reconsideration mode.

Bro can you help me also get the card via your known contact?

 

[skywalker]

Does anybody know what exactly being “overleveraged” means?

 

[SSV]

Does anybody know what exactly being “overleveraged” means?

The ratio between your total unsecured credit limits on all your liability accounts (eg, credit card CL, PL etc) and annual income

If the ratio is above 1.5, it is definitely overleverage situation as far SBI is concerned..
Sometimes between 1 and 1.5 is also a borderline overleverage situation..
Preferable to have less than 1 for safer application process..