Getting SBI card after overleverage possible?

[arun4455]

I have applied for SBI Octane card, however, the bank reject the application everytime. I have CIBIL of 800+ and decent income. When I approached the RBI Ombudsman to know the reason, I get to know that the cards are being rejected due to overleverage as I have few cards with very good limits.

Is there any way to get the Octane card? Currently I have simplyclick and CB card from SBI, they have rejected the Simplyclick to Octane upgrade also.

 

[sxchzy]

deleverage yourself or increase your income

 

[SSV]

I have applied for SBI Octane card, however, the bank reject the application everytime. I have CIBIL of 800+ and decent income. When I approached the RBI Ombudsman to know the reason, I get to know that the cards are being rejected due to overleverage as I have few cards with very good limits.

Is there any way to get the Octane card? Currently I have simplyclick and CB card from SBI, they have rejected the Simplyclick to Octane upgrade also.

1) close unnecessary scrap cards
2) reduce the CLs on the existing CCs in their respective Apps
3) Increase your income
Get them reflected in CIBIL and try your luck

 

[arun4455]

Problem is: I have 3 cards from ICICI bank on limit sharing. All cards show higher limit in CIBIL. Similar case with HDFC bank.

 

[sxchzy]

close cards you dont need and ask icici to report accordinly

 

[SSV]

Problem is: I have 3 cards from ICICI bank on limit sharing. All cards show higher limit in CIBIL. Similar case with HDFC bank.

In iMobile you can reduce CL on your cards. It will report the new CL in 2 months time

 

[arun4455]

Do anyone have idea what's their expectation/ ratio of income vs existing card limit?