Regarding Limit Enhancement

[crazyuploader]

Hello,

It's been 4-5 months since I've holding on Axis ACE Credit Card with 15k limit, I was thinking perhaps I should try requesting them to increase my limit. The thing is I don't have salary slip but I can provide bank statement, can that suffice?

And also, to what ratio the limit is generally provided from the salary.

Regards.

 

[pprakash11]

You will find your answer here:

Documents required to increase credit limit

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application.axisbank.co.in

Salary slip is must.
Axis is very sceptical in increasing limits, don't expect generosity like ICICI

 

[crazyuploader]

You will find your answer here:

Documents required to increase credit limit

credit card,credit limit enhancement,credit cards,increase credit limit on credit card,documents to increase credit limit,Documents required to increase credit limit

application.axisbank.co.in

Salary slip is must.
Axis is very sceptical in increasing limits, don't expect generosity like ICICI

Oh okay, got it thank you. I wonder why an agent had said bank statement can do.

 

[pprakash11]

Oh okay, got it thank you. I wonder why an agent had said bank statement can do.

Any financial institution's website answers almost all queries..

Don't get chased by rm/agent reference or comments

 

[starstruck]

Hello,

It's been 4-5 months since I've holding on Axis ACE Credit Card with 15k limit, I was thinking perhaps I should try requesting them to increase my limit. The thing is I don't have salary slip but I can provide bank statement, can that suffice?

And also, to what ratio the limit is generally provided from the salary.

Regards.

If you are already at 4-5 months, just wait till you cross 6 months. I got LE offer after 6 months and heavy usage of Axis bank card. If you dont get then also, then you should go basis salary slip.

 

[iamabhisekagar]

Hello,

It's been 4-5 months since I've holding on Axis ACE Credit Card with 15k limit, I was thinking perhaps I should try requesting them to increase my limit. The thing is I don't have salary slip but I can provide bank statement, can that suffice?

And also, to what ratio the limit is generally provided from the salary.

Regards.

Apply for a limit Enhancement after completion of 6 months

 

[Wealth is my birth right!]

Apply for a limit Enhancement after completion of 6 months

For magnus they did LE after 3 months

 

[Md Kaif]

Hello,

It's been 4-5 months since I've holding on Axis ACE Credit Card with 15k limit, I was thinking perhaps I should try requesting them to increase my limit. The thing is I don't have salary slip but I can provide bank statement, can that suffice?

And also, to what ratio the limit is generally provided from the salary.

Regards.

on my experience keep your utilisation below 30% at the max. snd u might get limit enhancement within 3-6months period

incase of salary slip they provide limit 3X of your salary

 

[chacks18]

Hello,

It's been 4-5 months since I've holding on Axis ACE Credit Card with 15k limit, I was thinking perhaps I should try requesting them to increase my limit. The thing is I don't have salary slip but I can provide bank statement, can that suffice?

And also, to what ratio the limit is generally provided from the salary.

Regards.

Same with me,
I was holding Axis Flipkart with 15k limit.
Tried requesting for LE sending Salary slips n all, didn't work.

No auto LE from Axis even after 7 months.
I just applied for Airtel Axis FYF a week ago, and boom. The application got approved yesterday and my limit got increased to 70k.

 

[kshitij_0]

Hello,

It's been 4-5 months since I've holding on Axis ACE Credit Card with 15k limit, I was thinking perhaps I should try requesting them to increase my limit. The thing is I don't have salary slip but I can provide bank statement, can that suffice?

And also, to what ratio the limit is generally provided from the salary.

Regards.

Yes the best way to increase Axis/SBI CC Limit is to apply a new card preferably C2C through offline process, preferably the cards which they want to give, now which you want to take. This method is tried and tested for Axis and SBI. Needless to mention that you need to maintain a healthy CIBIL also.
Not yet sure how to increase the limit of the old card though in Axis, because they say they won't make the same maximum limit on individual cards.
Follow this - https://www.technofino.in/community...-same-in-all-the-cards-of-the-same-bank.9460/

 

[kshitij_0]

Same with me,
I was holding Axis Flipkart with 15k limit.
Tried requesting for LE sending Salary slips n all, didn't work.

No auto LE from Axis even after 7 months.
I just applied for Airtel Axis FYF a week ago, and boom. The application got approved yesterday and my limit got increased to 70k.

You will have to get disappointed a bit when you get to know that your the limit on your Flipkart card has still not increased and it's the same 15k only.

 

[chacks18]

You will have to get disappointed a bit when you get to know that your the limit on your Flipkart card has still not increased and it's the same 15k only.

I'm actually being able to see the same on the app also.
And I'm not sure about what is it like now. Can you confirm the same with these screenshots that you also get to see this in your app, and still have different limits with all of your cards?

 

[kshitij_0]

I'm actually being able to see the same on the app also.
And I'm not sure about what is it like now. Can you confirm the same with these screenshots that you also get to see this in your app, and still have different limits with all of your cards?

Check Individual limits on each card not the total cumulative limit.
But anyways thanks for asking the ss. Otherwise I would have missed one more LE on my Flipkart Card which I got just now.
I got the card in Oct 2021 with the limit of 15k and after sometime I applied for Airtel Card directly through CC and received the same shared limit on that. I was frustrated with Axis and wanted to close all the relationship with them from the day I received FK card but didn't close because FK was LTF. I closed Airtel Card 3 months back.
I received LE on FK card from 15k to 30k around 6 months back I guess. And in the last 2-3 months, I am receiving continuous LE every month from 30k to 60k to 80k today.
I applied for Axis MyZone LTF and received 297k limit.
So now I think Axis have started giving me some value.

 

[CMGCMG is verified member.]

Check Individual limits on each card not the total cumulative limit.
But anyways thanks for asking the ss. Otherwise I would have missed one more LE on my Flipkart Card which I got just now.
I got the card in Oct 2021 with the limit of 15k and after sometime I applied for Airtel Card directly through CC and received the same shared limit on that. I was frustrated with Axis and wanted to close all the relationship with them from the day I received FK card but didn't close because FK was LTF. I closed Airtel Card 3 months back.
I received LE on FK card from 15k to 30k around 6 months back I guess. And in the last 2-3 months, I am receiving continuous LE every month from 30k to 60k to 80k today.
I applied for Axis MyZone LTF and received 297k limit.
So now I think Axis have started giving me some value.

Do you have salary slips with 1.5L or more in net salary?

 

[Dr-green69]

Hello,

It's been 4-5 months since I've holding on Axis ACE Credit Card with 15k limit, I was thinking perhaps I should try requesting them to increase my limit. The thing is I don't have salary slip but I can provide bank statement, can that suffice?

And also, to what ratio the limit is generally provided from the salary.

Regards.

U have to wait for 6 months n then u can submit itr or salary slip for limit enhancement. For premium cards u can get LE in 3 months

 

[Rohith_Kumar_Sp]

I got gpay axis ace 3 weeks ago with credit limit of 1.68L, what's your income?

 

[kshitij_0]

Do you have salary slips with 1.5L or more in net salary?

No...I was salaried with around 1 LPM net. But right now I am not working from few moths. I didn't use my salary slip anywhere except probably AMEX.

 

[Lord Of Darkness]

For magnus they did LE after 3 months

Oh thats great.
How much did they increase the credit limit, and how was the usage?

 

[Wealth is my birth right!]

Oh thats great.
How much did they increase the credit limit, and how was the usage?

Initially it was 2.07l and after my request and documentation they made to 5l
Minimum 3 months I used 1.25 lac every month out of my 2.07l limit a bit not advisable but I took that risk by prepaying
My current month cibil is 805

 

[Lord Of Darkness]

Initially it was 2.07l and after my request and documentation they made to 5l
Minimum 3 months I used 1.25 lac every month out of my 2.07l limit a bit not advisable but I took that risk by prepaying
My current month cibil is 805

Wow, that's awesome man ! Good going