Hdfc jumbo loan

[Pankajkr09]

How to easily get HDFC Jumbo loan. Like what should be credit card utilisation ratio, credit card limit or payment history.

 

[Anupama_Jha]

How to easily get HDFC Jumbo loan. Like what should be credit card utilisation ratio, credit card limit or payment history.

I have taken two jumbo and one insta loan through HDFC.

What I have noticed is if you keep ignoring low amount offers, like below of 30k, you will get higher amount post that.

Secondly, first time when I was having only cc, I got 45k Jumbo Loan offer. I took that for 12 months EMI. Within next 2 months after my account opening I got another jumbo loan offer of 155k and 170k insta loan.

ROI - 15%

My credit utilisation was always around 25-30% and 5 enquiries every month.

A/c usage: I am maintaining only 5k amb, and pays 75k cc bill p.m from platinum DC.

 

[SMS91]

I have an HDFC credit card with a 60k limit. They are offering a 140k loan on credit card. How will they report this loan to CIBIL? What is the credit utilization, and does it show 100% credit used?

 

[praful47]

It is not advisable to take loan on credit card .
It hampers credit score.
Your credit utilisation will be 100% used in CIBIL .

 

[paxauquabriba-4876]

It is not advisable to take loan on credit card .
It hampers credit score.
Your credit utilisation will be 100% used in CIBIL .

does bank use customer's internal data to decide interest rate % + loan amount or a new hard enquiry is done to asess the final offer ?

 

[praful47]

does bank use customer's internal data to decide interest rate % + loan amount or a new hard enquiry is done to asess the final offer ?

there are many factors that determine loan interest rate .
Hard enquiry will be made to see your current Cibil report .