SBI Card Over Leveraged? Here's the Solution - Experiment

[D₹V]

SBI cards offline application - applying by yourself & sending it to SBI cards office like HDFC Chennai method.


I recently emailed SBI card to issue me 2nd card & this was their reply:



We request you to visit our website www.sbicard.com. On the main page, please click on Cards for You and choose SBI Card of your choice, then click on Learn More. Post that click on Apply Now, it will take you to next page where you can provide the required personal information to apply for card.

(Or)

We would request you to download the application form from website www.sbicard.com and complete the form in all respects and send the original form at the below mentioned address.

SBI Cards and Payments Services Pvt. Ltd,

P.O Box No-16, G.P.O

New Delhi-110001

After completion of necessary formalities, if these adhere as per the policy, we would be able to send your card.

Meaning SBI card can be applied offline by filling form & sending it via post.

So I went to SBI site, scrolled down then click on form center & found this form (attached).

Whoever is unable to get SBI card, please try this method manually & update here.

I believe this can work because SBI will do all verification & stuff manually including CIBIL check. On the other hand, in online application, CIBIL thing is automated & rejects customer instantly citing internal policy (over leveraged).

What docs to send? I didn't see any mention of docs but you can attach income docs, address proof like aadhar or even C2C docs for better approval rate 😂 (I saw section of other card number option, so you can try).

P.s. I didn't read the whole form.

P.s. - This is an experimental post & doesn't guarantee 100% approval with trick.

If you copy this post, don't forget to give credit to OP (@D₹V).

 

[Strange]

How come I not overleveraged for those?

because they are RuPay cards and they will split the limit from your existing card.

 

[some1anywhere]

because they are RuPay cards and they will split the limit from your existing card.

Uhm no, it has nothing to do with RuPay. SBI Elite is offered on Visa, SBI BPCL was also offered before that on Visa.

As for splitting the limit, they can very well split my 2.2L SimplyCLICK limit also to give SBI Cashback if they want to. I think this is just elusiveness and hypocrisy on their part - overleveraged is just an excuse. They are willing to give faaltu cards with faaltu reward rate pre-approved, I even got SimplySAVE last year and closed it, offering again. While SBI Cashback or SBI PhonePe being declined.

 

[sumit_yadav]

I spoke with PNO and asked him how to resolve it. He suggested 2 paths and that he will mentioned the same in email.

1. Split limit on existing
2. Send Income documents (2 months salary slips & 3 months of bank statement)

When I received the email, he only choose to write option #2.

 

[Chacha Chaudhary]

What I don't understand is I am overleveraged ONLY for SBI Cashback or SBI PhonePe while they are readily offering me pre-approved SBI SimplySAVE or SBI Elite? How come I not overleveraged for those?

Exactly same problem i have. How long u see these cards. Do they change card in preaproved with time.

 

[Giyu-san]

What I don't understand is I am overleveraged ONLY for SBI Cashback or SBI PhonePe while they are readily offering me pre-approved SBI SimplySAVE or SBI Elite? How come I not overleveraged for those?

You are overleveraged for those too. Pre-approved and all mean nothing. Try applying and those will get declined too.

 

[Strange]

You are overleveraged for those too. Pre-approved and all mean nothing. Try applying and those will get declined too.

That card will issued instantly by splitting limit from existing card.

 

[knr2605]

I spoke with PNO and asked him how to resolve it. He suggested 2 paths and that he will mentioned the same in email.

1. Split limit on existing
2. Send Income documents (2 months salary slips & 3 months of bank statement)

When I received the email, he only choose to write option #2.

Did send the documents then? Please update here,

 

[Chacha Chaudhary]

Did send the documents then? Please update here,

Nothing will happen.

 

[some1anywhere]

Exactly same problem i have. How long u see these cards. Do they change card in preaproved with time.

SimplySAVE RuPay is constant, took it last year, closed it, merged limit back to SimplyCLICK, offered again after few months. BPCL was offered initially additionally, now changed to SBI Elite. Will try asking PNO if they can give SBI Cashback on split limit but have no hope.

 

[Chacha Chaudhary]

SimplySAVE RuPay is constant, took it last year, closed it, merged limit back to SimplyCLICK, offered again after few months. BPCL was offered initially additionally, now changed to SBI Elite. Will try asking PNO if they can give SBI Cashback on split limit but have no hope.

No use i have already tried every possible work around. Forget about cashback they are not giving even phonepe.

 

[Sobirvs]

while they are readily offering me pre-approved SBI SimplySAVE or SBI Elite? How come I not overleveraged for those?

Just #SBI things.

 

[b4bhar]

Hi,

I have applied for SBI Phonepe Black card and it got rejected citing internal policies. I have dropped an email to the team asking for the reason. They have mentioned the reason as overleverage and asked to share the payslips for the past 2 months with account number mentioned on the payslips. I have did that and have not received any response from them after that.

So, now my question is - did anyone get the response from them after submitting the payslips or is this just waste of time? Is there any chance for the approval of the card from here?

Thank you!

 

[Kabir_1112]

Hi,

I have applied for SBI Phonepe Black card and it got rejected citing internal policies. I have dropped an email to the team asking for the reason. They have mentioned the reason as overleverage and asked to share the payslips for the past 2 months with account number mentioned on the payslips. I have did that and have not received any response from them after that.

So, now my question is - did anyone get the response from them after submitting the payslips or is this just waste of time? Is there any chance for the approval of the card from here?

Thank you!

You can check and try again.

Thread 'SBI Card Over Leveraged? Here's the Solution - Experiment'

Jul 29, 2024

SBI cards offline application - applying by yourself & sending it to SBI cards office like HDFC Chennai method.


I recently emailed SBI card to issue me 2nd card & this was their reply:



We request you to visit our website www.sbicard.com. On the main page, please click on Cards for You and choose SBI Card of your choice, then click on Learn More. Post that click on Apply Now, it will take you to next page where you can provide the required personal information to apply for card.

(Or)

We would request you to download the...

• D₹V
• issue leverage over sbi sbi application sbi bank sbi card sbi cards sbi cashback sbi cashback credit card
• Replies: 239
• Forum: SBI Cards

• 
• 

 

[b4bhar]

You can check and try again.

Thread 'SBI Card Over Leveraged? Here's the Solution - Experiment'

Jul 29, 2024

SBI cards offline application - applying by yourself & sending it to SBI cards office like HDFC Chennai method.


I recently emailed SBI card to issue me 2nd card & this was their reply:



We request you to visit our website www.sbicard.com. On the main page, please click on Cards for You and choose SBI Card of your choice, then click on Learn More. Post that click on Apply Now, it will take you to next page where you can provide the required personal information to apply for card.

(Or)

We would request you to download the...

• D₹V
• issue leverage over sbi sbi application sbi bank sbi card sbi cards sbi cashback sbi cashback credit card
• Replies: 239
• Forum: SBI Cards

• 
• 

I cannot apply the card from SBI cards or anywhere except from PhonePe but it says rejected due to bank policies. So, no option of applying it again.

 

[SSV]

Hi,

I have applied for SBI Phonepe Black card and it got rejected citing internal policies. I have dropped an email to the team asking for the reason. They have mentioned the reason as overleverage and asked to share the payslips for the past 2 months with account number mentioned on the payslips. I have did that and have not received any response from them after that.

So, now my question is - did anyone get the response from them after submitting the payslips or is this just waste of time? Is there any chance for the approval of the card from here?

Thank you!

For everything it takes some sweet time to get back to you in SBI ..
So you need to wait for a few days / weeks lunch time…

So hang on there , hoping for the best and preparing for the worst…

 

[b4bhar]

For everything it takes some sweet time to get back to you in SBI ..
So you need to wait for a few days / weeks lunch time…

So hang on there , hoping for the best and preparing for the worst…

Haha that's true!! But just trying to check if anyone got a positive result out of this situation or is a positive outcome from this position impossible?

 

[Sree CC]

Haha that's true!! But just trying to check if anyone got a positive result out of this situation or is a positive outcome from this position impossible?

ask this query in the main SBI phonepe thread. A Few have tried this way

 

[b4bhar]

ask this query in the main SBI phonepe thread. A Few have tried this way

Will do so. Is it the one in credit card general page?

 

[Himanshuch]

What I don't understand is I am overleveraged ONLY for SBI Cashback or SBI PhonePe while they are readily offering me pre-approved SBI SimplySAVE or SBI Elite? How come I not overleveraged for those?

Well my SBI simplyclick application was rejected due to over leveraged issue. So i believe your understanding may not be fully correct.

 

[some1anywhere]

Well my SBI simplyclick application was rejected due to over leveraged issue. So i believe your understanding may not be fully correct.

Pre-approved in app via algorithm is an entirely different thing vs manually applying and algorithm approving/declining then application evaluation by their asinine team. That's the joke. Their pre-approved algorithm offers 4999+GST cards on split limit but they won't approve a lower priced card via manual application route