Search results for query: over leverage

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.

...me Simplyclick instead of simplysave as I had a pre-approved offer, but they said it isn't possible. Wanted Simplyclick for SBI online offers as cashback doesn't work for that. My Simplyclick application got rejected because my profile was considered over leveraged according to their nodal...

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 😉

Yes, I had the same thought, Swiggy can be retained. Yes, possible. If he was asking to reduce the number of cards, then he can close some of them. If he is not concerned about over leverage, then keeping all of these doesn't hurt.

In this scenerio try changing number & apply with the existing PAN card, if it gets approved then change mobile number

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

over leveraged is delicate topic.. when viewed in cibil reports each card count as separate limit which in reality not.. sbi is conservative bank, either can provide card with very very low limit or decline .

I have a housing loan. Does SBI treat it as over-leveraged?

I have 6 cc's with 40.1 lakhs still no issue

whats ur itr amount u show on itr?

This is the first time for me. I have sbi and bob cc but never tried for any other psu banks.