Does Indus bank provide good credit limit enhancements?

[rockyBalboa]

Hi everyone. Few days ago I checked my eligibility for IndusInd cards on Indus website. I was eligible for 0 joining fees LTF Legend card with credit limit of 3 L. I went ahead and applied online. The primary purpose of applying for this card was that I thought on the basis of its higher credit limit I would be able to apply for other banks higher end cards in future on C2C basis. (As highest limit card in my portfolio is 1.7 L only). I received the Legend card today and the problem is that the limit I received is much less than what I was shown at the time of applying, its 70 k only! This makes this card useless for me and I am thinking of closing it as I am pretty sure it will just lie unused in my cupboard drawer apart from some occasional Indus specific offers.

Points on which I need feedback/suggestions from the community here are,
(1) Is Indus bank generous in providing limit enhancements like ICICI or stingy like Axis?
(2) At what intervals do they generally increase the limit?
(3) Should I keep this card or close it?
(4) Also, kindly share your Indus limit increase history so that it will be beneficial for me and others in future.

 

[SPS]

Kindly share if anyone of you have received auto LE on IndusInd till now? @TechnoFino @Subhankar @Wealth is my birth right! @anirban.choudhury @SPS @churn @Theo
or anyone having old relations with Indusind. It might help people seeking LE here.

none so far

 

[rohit12345]

Hi everyone. Few days ago I checked my eligibility for IndusInd cards on Indus website. I was eligible for 0 joining fees LTF Legend card with credit limit of 3 L. I went ahead and applied online. The primary purpose of applying for this card was that I thought on the basis of its higher credit limit I would be able to apply for other banks higher end cards in future on C2C basis. (As highest limit card in my portfolio is 1.7 L only). I received the Legend card today and the problem is that the limit I received is much less than what I was shown at the time of applying, its 70 k only! This makes this card useless for me and I am thinking of closing it as I am pretty sure it will just lie unused in my cupboard drawer apart from some occasional Indus specific offers.

Points on which I need feedback/suggestions from the community here are,
(1) Is Indus bank generous in providing limit enhancements like ICICI or stingy like Axis?
(2) At what intervals do they generally increase the limit?
(3) Should I keep this card or close it?
(4) Also, kindly share your Indus limit increase history so that it will be beneficial for me and others in future.

I also have not got any offer for LE

 

[RupayMan]

I recently got the card last month with 5L CL.. I wish to get 9L like the other user 😂 in atleast 2 months.

 

[Wealth is my birth right!]

I recently got the card last month with 5L CL.. I wish to get 9L like the other user 😂 in atleast 2 months.

Share the trick once done pls

 

[RupayMan]

Share the trick once done pls

Dude I was sarcastic 😂 How everyone get a limit raise to 9 L in a month.. it's his luck..

 

[Wealth is my birth right!]

Dude I was sarcastic 😂 How everyone get a limit raise to 9 L in a month.. it's his luck..

Got it
First time hearing 9l in IndusInd btw

 

[EINSTEIN]

Got it
First time hearing 9l in IndusInd btw

They do match limit c2c so getting even higher limit is quite possible

 

[Wealth is my birth right!]

They do match limit c2c so getting even higher limit is quite possible

It’s for new applicants or existing cards LE too
Cos I’ve magnus with 5 l can I use this statement for existing legend le which is at 375000

 

[EINSTEIN]

It’s guaranteed for new applicants. Getting LE on c2c basis is possible as demonstrated by @TechnoFino but not easy or straightforward.

 

[mgforce]

I recently spoke with IndusInd - over Customer Care as well as email for LE as even after 1-1.5 yrs of having card (but used like 3-4 times only) never got any offer.

My understandinf that LE is a challenge there but basis Salary Slip & Bank Stmt they can offer/consider.

I have shared my documents asking for LE - currently is is < 5 lakhs.

CC Executive whom I spoke to, informed me that IndusInd doesn't do LE on C2C basis.

 

[Bodhi]

I recently spoke with IndusInd - over Customer Care as well as email for LE as even after 1-5 yrs of having card (but used like 3-4 times only)

LE is a challenge there but basis Salary Slip & Bank Stmt they can offer.

I have shared my documents asking for LE - currently is is < 5 lakhs.

CC Executive whom I spoke to, informed me that IndusInd doesn't do LE on C2C basis.

Thanks for sharing @mgforce

 

[mgforce]

Thanks for sharing @mgforce

Welcome. There were small typos, corrected

 

[anirban.choudhury]

I have asked for manual LE this time have and triggered the mail to indulge.care team , they have initiated the process and I got a Cibil hit enquiry too . My relation with indus is 4 months old and in this 4 month I got auto LE once within 1st month of usage from 5 to 9 ( as while applying they showed 9 lakh limit but gave 5 ) , then a LTF upgrade to Indulge and now a manual LE request . In my circle , IndusInd has been generous with limits .
Sharing the unboxing image of my LTF Indulge

 

[RupayMan]

I have asked for manual LE this time have and triggered the mail to indulge.care team , they have initiated the process and I got a Cibil hit enquiry too . My relation with indus is 4 months old and in this 4 month I got auto LE once within 1st month of usage from 5 to 9 ( as while applying they showed 9 lakh limit but gave 5 ) , then a LTF upgrade to Indulge and now a manual LE request . In my circle , IndusInd has been generous with limits .
Sharing the unboxing image of my LTF Indulge

How 4 indulge cards?

 

[anirban.choudhury]

How 4 indulge cards?

3 add-on

 

[anirban.choudhury]

3 add-on

2 more are in-process

 

[RupayMan]

I have asked for manual LE this time have and triggered the mail to indulge.care team , they have initiated the process and I got a Cibil hit enquiry too . My relation with indus is 4 months old and in this 4 month I got auto LE once within 1st month of usage from 5 to 9 ( as while applying they showed 9 lakh limit but gave 5 ) , then a LTF upgrade to Indulge and now a manual LE request . In my circle , IndusInd has been generous with limits .
Sharing the unboxing image of my LTF Indulge

LTF on indulge? Did you meet the 48L criteria?

 

[ADITYA1904]

I have asked for manual LE this time have and triggered the mail to indulge.care team , they have initiated the process and I got a Cibil hit enquiry too . My relation with indus is 4 months old and in this 4 month I got auto LE once within 1st month of usage from 5 to 9 ( as while applying they showed 9 lakh limit but gave 5 ) , then a LTF upgrade to Indulge and now a manual LE request . In my circle , IndusInd has been generous with limits .
Sharing the unboxing image of my LTF Indulge

You received indulge without one time joining fee like 45k plus gst or 90k plus gst?

 

[anirban.choudhury]

You received indulge without one time joining fee like 45k plus gst or 90k plus gst?

Without one time joining fee yes
It’s unconditional LTF

 

[anirban.choudhury]

LTF on indulge? Did you meet the 48L criteria?

What 48 L criteria ?