Search results for query: over leverage

Chill as you got the card no need to worry about over-leverage anymore. Yes, the total limit across all card accounts. Like Axis, they report separately so I have 2.1L but in cibil it will reflect 6.3L(3 Axis cards). ICICI Gemstone Series cards one account and Apay separately. IDFC also...

yep. They do.

I have Cibil 779 and total limit of 9 cards is 13.5 L my annual income is 6 L am I over leverage for sbi card should I apply or not ??

For over leverage will it count seperate card limit of same bank?

anyone got hsbc card after holding 10-15 cc already? or is it directly rejected like sbi says over leveraged

Do Check Out SBI Cashback via Sprint (If and only if you are not over leveraged). Just make sure the details entered are exactly matched with the previous applications. If all satisfied then its a instant card. Over usage u can request for fee waiver, anyways its almost equivalent to ltf card...

I have only 1 card from SBI and now I'm over-leveraged for them 😭

But, why should we wait for 1 year? Hdfc TNI is still available for applying in the hdfc portal, right?

Well try for cc after closing that loan. As on now you are over leverage. If bank says you are over leverage it says this after calculating your all expenses loans cards cc etc.

I think Yes.....as the total limit in CIBIL (for overall utilization ration) adds up the limit of cards (add separately) issued on shared basis

Over leveraged 😉

how much ITR you file?

This over leverage thing is crap. My first credit card is simplyclick. Later on I took many other bank card which made me over leveraged for second sbi card. I was trying for vistara that time. And my application was rejected. Contacted with BM & Regional head to connect with SBI card team...

Try to upgrade it like @BVC Try offline via agent

Mine also got rejected with the same reason. When I escalated to Nodal officer, they said you are over leverage.

with the income of 6 L how much limit should i have to all my cc to get cc from sbi?

Doesn't matter. You will be over-leveraged across all the networks.

3.2L to 3.8L received Every month 10k usage past 1 year Not interested to take as i don't want over leverage for sbi CB card Will try again to apply SBI CB it been 6 months since last rejection and 0 enquiries past 6 months

Mere bhai downside ye hai ki for banks like SBI, we look over leveraged. Even if we never use that money, unsecured card me count hoti hai limit iski. Aur ICICI ke chakkar me humari profile over leverage me chali jati hai. Iss liye mene abhi platinum cc and coral cc band karvaye the.

Will try that when applying next time then any idea how much total limit is considered as over leveraged ?? In comparison with salary