One Limit One Cibil Entry

[kuchbhikuchbhi is verified member.]

We see today how many banks just issue us a credit on the same shared limit with another card we have of them.
THEY DON'T SANCTION ANOTHER LIMIT.
Then why do they show as two separate entries in cibil making us overleveraged?
This doesn't make sense.
Afaik RBI also doesn't have any guideline about the same.

What I personally this is there should be a 1 Limit 1 Entry rule enforced.

What do you guys think?

 

[hender]

We see today how many banks just issue us a credit on the same shared limit with another card we have of them.
THEY DON'T SANCTION ANOTHER LIMIT.
The why do they show as two separate entries in cibil making us overleveraged?
This doesn't make sense.
Afaik RBI also doesn't have any guideline about the same.

What I personally this is there should be a 1 Limit 1 Entry rule enforced.

What do you guys think?

Perfectly said Sir 👍

We can't use out of total sanction limit, it may be 4 cards or 2 with shared limit.

 

[HumorSimpson]

Yes. Very much needed to avoid over leverage issues.

 

[Gau₹av]

Absolutely. This is very much needed to escape rejection from Overleveraged Card

 

[Amit_]

Right

One nation one product
One nation one pension
One Nation, One Tax
One Nation, One Election,
One Limit one cibil entry
One nation, one telecom