[Resolved] State Bank Of India [SBI] — credit card application declined

jordan1988

Address:

Ahmedabad, Gujarat

Dear Sir/Madam,

I applied credit card in SBI 2016 and they said will get limit of 36k but after a month when i track it says "We regret to inform you that your SBI Card Application could not be processed since it does not meet our policy. We thank you for your time."

Again i applied in 2017 (App No.[protected] and they told me that you will get limit of 111k and again declined.

Now its too much 3rd time : Congratulations! Your SBI Card application reference no.[protected] has been approved* in principle with a credit limit of Rs. 266000. they declined again and again.

Because of the my CIBIL score went down from 867 to 834 Approx.

i have other credit card with limit of 129k.

Was this information helpful?

No (0)

Yes (0)

Apr 30, 2018

Complaint marked as Resolved

State Bank of India [SBI] customer support has been notified about the posted complaint.

Verified Support

Mar 16, 2018

State Bank of India [SBI] Customer Care's response Dear Customer, The reason for decline of your application is purely a business decision, taken in good faith and certainly in no way is indicative of your credit worthiness. Please accept our sincere apologies towards discomfort caused to you in this regard.

Mar 16, 2018

Updated by jordan1988 It means you are talking your own decisions. No standard protocol and system right. Then you you are running credit card service. I applied with Other company's credit card who provided me credit card 3 years ago with 20k limit and now they increased it to 129k. Because of SBI only my cibil score went down. It was very good score of 867. You know what simply you are taking our details to sell it and make profit only. Other wise how could SBI keeping one person in every mall and store for providing credit card all the time.

Simply this is not acceptable reason to decline my application.

This is completely scam to get people information to sell and making profit.
Because the day when I applied for SBI credit card I'm received so many emails and sms for credit card and loans.