Got rejected from L1.
As per telephonic conversation we would like to inform you that if you have been issued multiple cards with different credit limit, all these cards will be clubbed and whichever card is having the highest credit limit will be considered as the “Aggregate Credit Limit”
Please note that the total usage should not exceed the highest credit limit allocated to either of your cards.
Let me explain you with the example of available credit limit: Card A is assigned with credit limit of 35000 and Card B is assigned with credit limit of 50000
In the above case, credit limit of both the cards (A & B) will be clubbed and the aggregate available credit limit will be 50000.
Let me explain you with the example of the usage on the available credit limit: Card A is assigned with credit limit of 35000 and Card B is assigned with credit limit of 50000
In the above case, if you have utilized Rs.35000 of card A and want to use the Card B then you will be allowed to transact only for Rs. 15000 and not for the complete available limit on card B.
Further we would like to inform you that we can increase your credit limit on your individual credit, if you wish to increase the credit limit, kindly share us the below information/documents In order to initiate the request to increase your credit limit, following documents are required:
1) For salaried customers: Last 3 months salary slips. If the salary credit is with a different bank, 3 month salary credit bank statement is required
2) Kindly share your expected limit.