Biz black approval

[Kanvitcc]

Hey guys first post here!
Trying to apply for HDFC biz black metal through my RM, gave him all the details. My revenue is in crores but net ITR is way less than 21L requirement. Also holding ICICI Amazon card with 5L for which I have given him the statement. Cibil is 832.

What do you think are the chances for my approval? Also holding current account with HDFC. I would love to have this card as my genuine business transactions are quite high.

 

[Vasuki]

Cibil is 832.

832 would be Experian score not cibil

Trying to apply for HDFC biz black metal through my RM, gave him all the details. My revenue is in crores but net ITR is way less than 21L requirement

Once rejected maintain loads of money in Your sb account


If everything is good
Hdfc will give u biz card but not sure they will give buzz metal or bizz grow or bizz what

 

[P B R G]

832 would be Experian score not cibil

He could be having 832 CIBIL also, it is possible or it could be Experian or Equifax or CRIF score as you mentioned. So many people don't know the difference between the four Credit bureaus and assumes Credit score = CIBIL score.

Just go through the answers here - https://www.quora.com/Is-it-possible-to-score-850-in-the-CIBIL

 

[Vasuki]

He could be having 832 CIBIL also, it is possible or it could be Experian or Equifax or CRIF score as you mentioned. So many people don't know the difference between the four Credit bureaus and assumes Credit score = CIBIL score.

Just go through the answers here - https://www.quora.com/Is-it-possible-to-score-850-in-the-CIBIL

Home loan or after 5-8+ only with cc also one can go 800+
832 is absurd
Max PPL go 815 ish

 

[elite34700]

Hey guys first post here!
Trying to apply for HDFC biz black metal through my RM, gave him all the details. My revenue is in crores but net ITR is way less than 21L requirement. Also holding ICICI Amazon card with 5L for which I have given him the statement. Cibil is 832.

What do you think are the chances for my approval? Also holding current account with HDFC. I would love to have this card as my genuine business transactions are quite high.

Revenue in crores but ITR < 21 L , how is this possible ? Evading tax or revenue in black ? While issuing cards banks also look at these things whether cards will be used for illicit purposes . Good luck with that !

 

[SSV]

Hey guys first post here!
Trying to apply for HDFC biz black metal through my RM, gave him all the details. My revenue is in crores but net ITR is way less than 21L requirement. Also holding ICICI Amazon card with 5L for which I have given him the statement. Cibil is 832.

What do you think are the chances for my approval? Also holding current account with HDFC. I would love to have this card as my genuine business transactions are quite high.

Reasonably good chances of getting approval...
My view: you will get the card..

Only Caveat: Your nature of business and business type..

 

[hariselio]

Max PPL go 815 ish

Is this recent limitation or always the case? because when i had home loan my cibil report was always above 800. Just checked my email history for cibil report and in 2016 i had 850 as score.

 

[Vasuki]

Is this recent limitation or always the case? because when i had home loan my cibil report was always above 800. Just checked my email history for cibil report and in 2016 i had 850 as score.

Home loan is way for 800 ..
Algorithm keeps changing 🚼

 

[sidp]

Home loan or after 5-8+ only with cc also one can go 800+
832 is absurd
Max PPL go 815 ish

I know some people with than kind of cibil score, but it requires losing some black hairs( either turning them gray or completely losing it). 🤣

 

[sidp]

Hey guys first post here!
Trying to apply for HDFC biz black metal through my RM, gave him all the details. My revenue is in crores but net ITR is way less than 21L requirement. Also holding ICICI Amazon card with 5L for which I have given him the statement. Cibil is 832.

What do you think are the chances for my approval? Also holding current account with HDFC. I would love to have this card as my genuine business transactions are quite high.

If hdfc is your primary current account, then you can easily get it. My branch people got it for people with much lower transactions.

 

[Kanvitcc]

832 would be Experian score not cibil

Once rejected maintain loads of money in Your sb account


If everything is good
Hdfc will give u biz card but not sure they will give buzz metal or bizz grow or bizz what

Yeah my bad 804 cibil 832 Experian

 

[Kanvitcc]

Home loan or after 5-8+ only with cc also one can go 800+
832 is absurd
Max PPL go 815 ish

Yeah as I mentioned in another reply… 804 was cibil, 832 was Experian. I got them mixed up when I checked last month lol

 

[Vasuki]

Yeah I mentioned 804 was cibil, 832 was Experian. I got them mixed up when I check last month

Np
Update on your hdfc. Cc application .once there is a news

 

[Kanvitcc]

If hdfc is your primary current account, then you can easily get it. My branch people got it for people with much lower transactions.

It is but only for one of my businesses. I majorly transact with ICICI

 

[Kanvitcc]

Np
Update on your hdfc. Cc application .once there is a news

Sure will do!

 

[hema220]

Revenue in crores but ITR < 21 L , how is this possible ? Evading tax or revenue in black ? While issuing cards banks also look at these things whether cards will be used for illicit purposes . Good luck with that !

may be he means turnover not revenue.

 

[Kanvitcc]

Revenue in crores but ITR < 21 L , how is this possible ? Evading tax or revenue in black ? While issuing cards banks also look at these things whether cards will be used for illicit purposes . Good luck with that !

Revenue (turnover)
Gross income
Net income

There are massive differences between all 3 of these… what I was referring to as my ITR being below 21L was for my net taxable income… my profit minus other deductions. Why would I have even mentioned it if my revenue was in black as that wouldn’t matter in my credit card application at all anyways 🤣

 

[Vasuki]

if my revenue was in black as that wouldn’t matter in my credit card application at all anyways 🤣

If u have black money of 2k notes plz keep it to yourself
I don't want them 🌚

 

[Kanvitcc]

If u have black money of 2k notes plz keep it to yourself
I don't want them 🌚

2000 ke note dekhe to khud zamana ho gaya😂

 

[Vasuki]

2000 ke note dekhe to khud zamana ho gaya😂

Tab Shareef ho aap