Search results for query: over leverage

meri already overall limit 40L ki hai.. aur nahi badani..over leverage hojayega

Yes Yes my credit card declined reason U 2 But ye income to puchte nahi pan card no par hi declined karte hain inhe kaise pata meri income kitni he or agar meri income increase hoti he to inhe kaise pata chalega .

ofc u r overleveraged

I have salary account with them & net monthly salary of 3 L. I have couple of big FD also with them. ITR 45 L. I have there simplyclick & vistara card. Still I don't get LE due to over leverage 😂

Did u ask for a FLIP/SWAP for your existing CC or you applied for the LIVE+ CC separately? Hope you understood my question?

Y E S

this is the reason You are over leveraged as per SBI

Give your pertinent figures, so that we can analyse it better. Refer to my post # 2.

how good is IND money ?

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