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SBI being SBI
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manojsurya99
TF Buzz
Decrease only happens when the following conditions are met:
You are not even using your card for 5-10% of the limit consistently.
Your obligations have crossed your income.
You have consistently missed your payments (at least 2 in the last 6 months or 3 in the last yr across all your loans and cards).
Anumati is an external portal for a Fintech partner for aggregating data from multiple banks as sources but your data is safe as Anumati will not be storing anything except your consent but from Anumati, if your data is sent to any other third party app, then it needs to be checked if it's safe or not.
You are not even using your card for 5-10% of the limit consistently.
Your obligations have crossed your income.
You have consistently missed your payments (at least 2 in the last 6 months or 3 in the last yr across all your loans and cards).
Anumati is an external portal for a Fintech partner for aggregating data from multiple banks as sources but your data is safe as Anumati will not be storing anything except your consent but from Anumati, if your data is sent to any other third party app, then it needs to be checked if it's safe or not.
Patil007
TF Legend
Same here. Tried with Max as well as lower limit. Both rejected.
reputation_abhi
TF Buzz
For me offer was given for 3L as max limit (currently I have 54k limit on SBI Cashback) after the Anumati process the limit has been increased to 97k. Is it good or bad? I have other credit cards with limit close to 6L
RAMESH BABU N
TF Legend
As of now, got only SBI CashBack card.
From 2.2L to 6.5L - shown in offers.
Opted for 5.0L.
Within 2 minutes, approved 3.2L - that is an increase of only 1.0L.
It is OK for me. Never used for more than 80K since beginning. So, Happy.
From 2.2L to 6.5L - shown in offers.
Opted for 5.0L.
Within 2 minutes, approved 3.2L - that is an increase of only 1.0L.
It is OK for me. Never used for more than 80K since beginning. So, Happy.
With anumati or without?
I tried increasing limit but it is not asking for anumati.
RAMESH BABU N
TF Legend
WITH ANUMATI Portal.
Link of anumati portal? Is it the link where we apply for limit increase inside sbi card app
Last edited:
How much time it took for the LE? Also when u had got the card?
Have you completed 6 months of usage of this card?
I've understood from one of their execs that CLE is not offered untill 6 months of credit age despite the app showing eligibility.
Yup, more than a year actually, but they did LE a few months back from 1.5L to 2.7L
Maybe that's the reason, you may have to wait for another 6 months from previous LE. Not sure, it's my guess.
Yup.. I guess that too.. let's see
hanush17
TF Buzz
Doubt: How long did you wait before raising this request? I got my card on August 2024 and I need to raise the limit. When can I request for the same?
RAMESH BABU N
TF Legend
First, let us UNDERSTAND a few things.
1 AFTER every 6 months, there is NO COMPULSION on the bank to give LE.
Even if you have 899 out of 900 in CIBIL. Or, spent 10L in last quarter.
2. There were, there are n there will be MANY parameters which determine the LE. And, ALL these are NOT KNOWN to us (the CC users).
3. These parameters could be product-centric, customer-centric, location-centric n time-centric.
3. Also, depends on one's own Eligibility (over leverage....), bank's internal targets (portfolio funds allocation wise...) and the general market conditions (outside the bank, amongst the competetors....).
4. And, whatever set of parameters is applicable to one customer may not be applicable, in toto, for another customer.
........
1 AFTER every 6 months, there is NO COMPULSION on the bank to give LE.
Even if you have 899 out of 900 in CIBIL. Or, spent 10L in last quarter.
2. There were, there are n there will be MANY parameters which determine the LE. And, ALL these are NOT KNOWN to us (the CC users).
3. These parameters could be product-centric, customer-centric, location-centric n time-centric.
3. Also, depends on one's own Eligibility (over leverage....), bank's internal targets (portfolio funds allocation wise...) and the general market conditions (outside the bank, amongst the competetors....).
4. And, whatever set of parameters is applicable to one customer may not be applicable, in toto, for another customer.
........
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