Check SBI credit card actual rejection reason

[ontherocks]

If you got a nonsensical or vague reason for SBI credit card rejection like for e.g. "due to internal policy", etc., you can check the real reason via an SBI credit card executive. These people roam around SBI branches, malls, airports, petrol pumps, etc.
They have a mobile app called PowerPlay. The app is not available for end users.
After opening the PowerPlay app, there are forms to apply for different SBI credit cards. Select a random credit card to apply. In the application form there is a text box to enter PAN number and a button below it that says "PAN Dedupe". Enter the PAN number and click the button "PAN Dedupe". No other details need to entered. There is no CIBIL hit. You will get details of all SBI credit cards applied against that PAN number with the details of rejection/selection under "Status" and "Reason Code".
The code can looked up further in the attached PowerPoint slides which has some common rejection codes. The slides mention ways to fix the issues and the cooling period.
There is one more attachment with all the rejection codes for reference. But its of no use as it doesn't mention the corrective measures.

 

[Aniket Sharma]

What's the income to cl ratio. Mine got rejected for the same reason even though it was showing as pre approved apparently. SBI cashback card is the only single card which has been this painful bs. My CL is way high like 45 lacs and with total number of cards around 20 so I don't think they would approve mine untill I get maybe 40-50 lpa stage by when the CL would be even higher 😂

They never asked income docs

 

[Rakshitk99]

They never asked income docs

That's the issue. They just see multiple cards and high credit limit and reject. Stupid system

 

[darkknight999]

Has any one been able to figure out the income to credit limit ratio? Like how much it should be, so that we can avoid over leverage issue..mind got rejected on feb 2nd and after that I already closed 8 cc's with 27 lakhs limit. Still 6 left with 25lakhs limit. 1.2/m income

 

[Sobirvs]

Has any one been able to figure out the income to credit limit ratio? Like how much it should be, so that we can avoid over leverage issue..mind got rejected on feb 2nd and after that I already closed 8 cc's with 27 lakhs limit. Still 6 left with 25lakhs limit. 1.2/m income

whats ur itr amount u show on itr?

 

[Aniket Sharma]

Has any one been able to figure out the income to credit limit ratio? Like how much it should be, so that we can avoid over leverage issue..mind got rejected on feb 2nd and after that I already closed 8 cc's with 27 lakhs limit. Still 6 left with 25lakhs limit. 1.2/m income

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

 

[Sobirvs]

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

I have been declined when my total cc's were 16~ and cl was 65L.

And declined again when cc's were 8 and CL was 29L

declined yet again when cc's were 6 and CL was 21L.

I am already a sbi savings acc customer + 6yro sbi simply click customer WITH 3.94L CL.

ITR is b/w 5-10L.

 

[Aniket Sharma]

Has any one been able to figure out the income to credit limit ratio? Like how much it should be, so that we can avoid over leverage issue..mind got rejected on feb 2nd and after that I already closed 8 cc's with 27 lakhs limit. Still 6 left with 25lakhs limit. 1.2/m income

I have been declined when my total cc's were 16~ and cl was 65L.

And declined again when cc's were 8 and CL was 29L

declined yet again when cc's were 6 and CL was 21L.

I am already a sbi savings acc customer + 6yro sbi simply click customer WITH 3.94L CL.

ITR is b/w 5-10L.

Try with fresh application with new mobile number & with same pan details, check address on previous card before applying & then if approved get the number changed from previous card to third number & rechange it to your number

 

[Sobirvs]

Try with fresh application with new mobile number & with same pan details, check address on previous card before applying & then if approved get the number changed from previous card to third number & rechange it to your number

Address I always put same, it actually auth fetches from aadhar anyways.

I have tried with diff ph no, same issue, overleveraged.

May be I can change my no right now and after 3 mmonths when I apply, apply from the new no. and later if approved change it back to primary/main no? idk

I whatsapp'ed sbicard guy who has the app to chk overleveraged, always replies me within few seconds with screenshot of the decline. Very nice guy. He sent me this. Previously too he has sent me these ss's.

 

[Dhudu]

Address I always put same, it actually auth fetches from aadhar anyways.

I have tried with diff ph no, same issue, overleveraged.

May be I can change my no right now and after 3 mmonths when I apply, apply from the new no. and later if approved change it back to primary/main no? idk

I whatsapp'ed sbicard guy who has the app to chk overleveraged, always replies me within few seconds with screenshot of the decline. Very nice guy. He sent me this. Previously too he has sent me these ss's.

View attachment 99904

I was told by similar agent with same U2 error

 

[Aniket Sharma]

Address I always put same, it actually auth fetches from aadhar anyways.

I have tried with diff ph no, same issue, overleveraged.

May be I can change my no right now and after 3 mmonths when I apply, apply from the new no. and later if approved change it back to primary/main no? idk

I whatsapp'ed sbicard guy who has the app to chk overleveraged, always replies me within few seconds with screenshot of the decline. Very nice guy. He sent me this. Previously too he has sent me these ss's.

View attachment 99904

Apply from SBI netbanking too, not from sprint

 

[Sobirvs]

Apply from SBI netbanking too, not from sprint

will do, btw how many cards u had (not limit, I mean count) when u got ur cashback card?

 

[Aniket Sharma]

will do, btw how many cards u had (not limit, I mean count) when u got ur cashback card?

It was more than 10

 

[mailmenow]

Where u got this screen showing the credit card application decline reason?? Is it sbi card app?

Address I always put same, it actually auth fetches from aadhar anyways.

I have tried with diff ph no, same issue, overleveraged.

May be I can change my no right now and after 3 mmonths when I apply, apply from the new no. and later if approved change it back to primary/main no? idk

I whatsapp'ed sbicard guy who has the app to chk overleveraged, always replies me within few seconds with screenshot of the decline. Very nice guy. He sent me this. Previously too he has sent me these ss's.

View attachment 99904

 

[Sobirvs]

Where u got this screen showing the credit card application decline reason?? Is it sbi card app?

I know a guy, is a friend, I tell him PAN he gives me reason why decline instantly on whatsapp. He works for sbicard sales.

 

[Sobirvs]

It was more than 10

I talked to a guy on X recently and he is bullshitting me that the reason for my decline is I have 10+ cards and saying sbi's policy is cards total shd be less than 10. Hence I asked u... He was trying to show as if he knows everything.

 

[Aniket Sharma]

I talked to a guy on X recently and he is bullshitting me that the reason for my decline is I have 10+ cards and saying sbi's policy is cards total shd be less than 10. Hence I asked u... He was trying to show as if he knows everything.

Nope, i was in the mood of getting it badly & i had almost every card that time.

Got rejected when cashback was launched in September 2023, but in November 2023 got approved, then i had SBI paytm, sbi simplysave rupay, Tata neu infinity, hdfc millennia, idfc select, standard chartered smart, hsbc platinum, icici apay, Platinum, coral rupay

 

[Sobirvs]

Nope, i was in the mood of getting it badly & i had almost every card that time.

Got rejected when cashback was launched in September 2023, but in November 2023 got approved, then i had SBI paytm, sbi simplysave rupay, Tata neu infinity, hdfc millennia, idfc select, standard chartered smart, hsbc platinum, icici apay, Platinum, coral rupay

I talked to the guy, seems he is not a bad guy. Had a good convo, let's see if anything pans out though.