SBI Cashback Card NTB Application & Verification Process

[PayKaroAbhi]

Hello everyone!
My mom had applied for Cashback Card on Wednesday, and she doesn't have any relationship with SBI.

She got a call for VKYC on Thursday but didn't do that on the same day. Video KYC was completed on Friday and got a verification call from Kolkata office on the same day and she asked to complete the esign process.

Today, got an address & occupation verification call from Gurgaon in the morning.

She has cards from Axis & HDFC with 60K & 63K limit respectively. Cibil is 750+.

is there any chance of getting approved?


Update:

Card got approved in six days.
1: Application Submitted
2: Got a call for VKYC with link and VKYC done
3: Got a verification call
4: Got Esign link and done
5: Got a verification call from Gurgaon
6: Physical Business Verification
7: Card Approved ✨

 

[PayKaroAbhi]

I don't have any SBI CC now, only home loan with SBI and saving bank account which I opened for getting Home loan.

What is over leverage thing? Is it having multiple credit cards from different banks?

Yes you must take SBI CC in your initial days only

 

[harsh_ujjwal]

Hello everyone!
My mom had applied for Cashback Card on Wednesday, and she doesn't have any relationship with SBI.

She got a call for VKYC on Thursday but didn't do that on the same day. Video KYC was completed on Friday and got a verification call from Kolkata office on the same day and she asked to complete the esign process.

Today, got an address & occupation verification call from Gurgaon in the morning.

She has cards from Axis & HDFC with 60K & 63K limit respectively. Cibil is 750+.

is there any chance of getting approved?


Update:

Card got approved in six days.
1: Application Submitted
2: Got a call for VKYC with link and VKYC done
3: Got a verification call
4: Got Esign link and done
5: Got a verification call from Gurgaon
6: Physical Business Verification
7: Card Approved ✨

Can you share limit??

 

[RadTheCrab]

I don't have any SBI CC now, only home loan with SBI and saving bank account which I opened for getting Home loan.

What is over leverage thing? Is it having multiple credit cards from different banks?

Y E S

SBI considers someone over-leveraged when the total credit limit across all the credit cards held by the person significantly exceeds their annual income. They use this ratio (Total Credit Limit / Annual Income) to determine the risk involved in lending a credit card to the person. The higher this ratio, the less likely they are to provide a credit card.