Search results for query: over leverage

Most probably it is the over leverage issue. Try to reduce limits on other cards if not needed that much high limit.

Thats for the fat icici credit limit guys not everyone over leveraged

...separate limit ie both icici and axis limits are doubled. Do I need to leave it like this so that may reduce credit usage percentage or do I need it to get changed so that there will be no over leverage issue if I need to apply any cards in future?? Can someone pls through some light on it

As your ITR is 30L and your limits across cards is 43L you're not over leveraged (<1.5times) - If your Credit limit range crosses above 2-2.5 times (Estimated) your ITR then SBI may consider you over leveraged.

I need to pay 2999+gst incase I accept this miserly limit card! It's like back to the past! No thanks!

Thanks. Will go through the post.

Kaya kaam krte ho bhai 😂

You have closed cards from all other banks?? If yes then the over leverage issue might be fixed What the issue now??

sbi took this word 'over leveraged' when rbi said provide proper reasons rather saying internal reasons. which according to them worked for many times. its better either try to switch that simplyclick to octane or apply separately on other family members name. as mentioned 16 years can't...

for most of the banks it is okay.. SBI is notorious for Over leverage concept.. I think there are a few other banks like SC ans some other one or two banks ... but out of all SBI is the most strictest for over-leverage concept

for me cb..i applied that first and got at first application without rejection..point is more cc has over leverage issue..my first pick sbi cb cc

That is because u already have maximum limit from sbi cards as of now. Mostly reason will be U2(Over-leveraged). No use visiting the branch. Just drop a mail to sbi cards, ask them for the reason or reconsideration.

...you said in other comment you dont hold any sbi card and your limit is 25L on other. I suspect it will get rejected for the reason of over leverage. I experienced same in my previous attempt. So used strategy. Acquired card which is more valued by sbi(BPCL Octane) then applied for...

Sure, you are correct that it's a tough task, but it should be both ways. We are looking like beggars here. Unnecessary attitude from them

This will be like a religion thing for SBI.. ie Over leverage… If you are really over leveraged then you won’t get any SBi card let alone CB card

SBI treats you over leveraged.. that's y... I have heard ppl having HDFC Infinia facing rejection fr SBI Cashback. Each n every card is unique in its own way😊

Try applying SBI cashback. Use cashkaro or take referral from me 😛

No . . But 8L is plenty and it was doubled because of Tata neu infinity and I am overly overly leveraged.. in a nutshell I don't want any LE from hdfc

all gemstone under 1 account only in cibil. https://www.technofino.in/community/threads/impact-of-holding-multiple-credit-cards-from-one-bank-on-your-cibil-report.3087/

...we don't know anything about whether it improved in your side or not, its just your score 780, holding other cards and asking about over leverage which required your combined credit limit, income etc. Anycase, try offline if you have any chances for better result, if possible...