Search results for query: over leverage

Yes. Very much needed to avoid over leverage issues.

How to know that we are over leveraged or not ?

Just applied rejected stating over leverage

Yes, this is a known problem.. same is the case with HDFC, IDFC etc.. our total CL is inflated unnecessarily thereby adding to the over leverage issue.. Banks have to find a solution to this.. at the moment many of us are over leveraged because of this

My application was rejected because of being over-leveraged. Nodal officer emailed me about it. Should I ask them to issue a new card and split my existing card limit? Will they do it? Or are there any other ways you guys know that will work for solving the over-leveraged issue?

Now my hopes of getting LE in SBI is gone for good

Yes over leveraged. Can’t do anything about that. Self employed. So ITR is less.

Then you are not over leveraged. Generally If your total credit limit is more than your annual income then you are over leveraged.

Over leveraged is not the problem in canara otherwise they have not issued me. But bank ac is must.

every legend and ace and above tier customers : rejection for over leverage

New card ke liye over leveraged ho but SBI sabko RuPay card over-leveraged hone par bhi de dega (Maybe NPCI ke order ki wajah se) but existing card se limit se split karke.

Definitely for guy's not having SBI CB and won't get any SBI cc due to over-leverage

how u defeated over leverage?

I got with already thaving 20 cards..... although sbi don't give me card for over leverage reason

+ 1 .

I don't think that's it. I have sbi CB and sbi SC with combined limit of 2.3L. I got PP Black with 2.8L limit. I think you're overall over- leveraged or it could just be SBI. Who knows.

SBI CASHBACK card bhi De skta hai Splitt limit basis par. But No.

for rejecting application citing over leveraged.