Bhai ppop for EPM is a myth 🙂My salary and even net credit is more than the required amount for EPM but still not able to get the approval because of PPOP.
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Bhai ppop for EPM is a myth 🙂My salary and even net credit is more than the required amount for EPM but still not able to get the approval because of PPOP.
what is PPOP @Prem03 ?My salary and even net credit is more than the required amount for EPM but still not able to get the approval because of PPOP.
Not for everyone my friend. Many are getting approval just on the basis of salary but not everyone. Some BMs/RMs are giving this reason that upper management is not approving because of zero PPOP.Bhai ppop for EPM is a myth 🙂
There is no ppop criteria. I got my EPM with 0 icici relationship and purely on basis of salary without chasing anyone. Just 2 interactions with icici .. 1st to visit branch and ask to log application via a normal cc agent and then a single follow up.My salary and even net credit is more than the required amount for EPM but still not able to get the approval because of PPOP.
My point is, this card can be approved without ppop and I don’t think it’s even a criterion. It never figured in my discussion with my RM. Either your RM is pushing his agenda or he doesn’t even know how to take it forward. Majority of people on this forum got it just with their salary and majority didn’t even have wealth mgmt when they had received it.Not for everyone my friend. Many are getting approval just on the basis of salary but not everyone. Some BMs/RMs are giving this reason that upper management is not approving because of zero PPOP.
Also, there is only one ICICI branch in my city.
Since EPM is invite only card, what can be done in this case?
I understood your point but I am saying is that this is not working in each and every branch. As many said you need the right BM/RM to get it approved and this is not valid for my home branch.My point is, this card can be approved without ppop and I don’t think it’s even a criterion. It never figured in my discussion with my RM. Either your RM is pushing his agenda or he doesn’t even know how to take it forward. Majority of people on this forum got it just with their salary and majority didn’t even have wealth mgmt when they had received it.
Criteria is there and that you can see in the initial post also but that is true many are getting without that as well.There is no ppop criteria. I got my EPM with 0 icici relationship and purely on basis of salary without chasing anyone. Just 2 interactions with icici .. 1st to visit branch and ask to log application via a normal cc agent and then a single follow up.
Potentially they have removed that now watching the approval rate without it. But, RM/BM keep using that to milk customers for their targets.Criteria is there and that you can see in the initial post also but that is true many are getting without that as well.
True. PPOP was/is just an excuse by most BM/RM to decline request for EPM, so that they don't get blame for not applying on behalf of customers.Potentially they have removed that now watching the approval rate without it. But, RM/BM keep using that to milk customers for their targets.
what is PPOP @Prem03 ?
ICICI is quite generous with cc limit. Many people have more than 10L as cc limit. If most of these people get epm as pre-approved then severe devaluation would follow!True. PPOP was/is just an excuse by most BM/RM to decline request for EPM, so that they don't get blame for not applying on behalf of customers.
If anyone fulfill salary criteria & existing ICICI credit card with good limit, they can easily get the card. Plus having wealth account with decent TRV will make application approval easier.
If one has corporate RM, go through them, it's fastest way to get card.
If not, then just find a branch where they are willing to get approval on basis of customers banking relationship & Salary/ITR criteria.
I am sure by end of this year many CC holder with 10 L or above limit with get pre approved EPM on iMobile/netbanking.
ICICI is quite generous with cc limit. Many people have more than 10L as cc limit. If most of these people get epm as pre-approved then severe devaluation would follow!
That's gonna happen anyway sooner or later. I can just hope that even if they remove some perks, they include some new one too, because renewal depends on that only.ICICI is quite generous with cc limit. Many people have more than 10L as cc limit. If most of these people get epm as pre-approved then severe devaluation would follow!
It's hard for any bank to compete with hdfc in super premium credit card category without devaluation of product in long run and maintaining all the perks mentioned.Here we are discussing about ppop and people on X are saying criteria for epm has reduced to 2.4L
wow! can you tell us the numbers?!!Today I went to nearest ICICI branch for EPM and he asked salary and existing card limit and he told it can be approved for me and put the application for the approval.
Salary is around 2.8LPM and existing card limit is 10Lwow! can you tell us the numbers?!!