Get insights into a user's recent experience with the SBI Flipkart Credit Card application. Despite expectations of a swift digital process, the application took 5 days to complete.
The process involved multiple verification calls and an unexpected physical KYC verification, a method largely phased out by other banks for digital credit card applications. Following this prolonged procedure, the approved credit limit was a mere ₹15,000.
This low limit is particularly notable given the applicant's strong financial standing:
- Holds 11 other credit cards with substantially higher limits (e.g., SBI Simply Save ₹4.85 Lakhs, ICICI Sapphiro ₹9.8 Lakhs, HDFC Regalia ₹7.2 Lakhs).
- Maintains an excellent CIBIL score of 801.
The experience highlights a stark contrast to the typically fast and fully digital credit card approval processes offered by most modern banks, which often approve applications within hours. This SBI process underscores a traditional and conservative approach to credit assessment.