Paytm SBI Credit Card

[thecooldean]

So I had applied for the Paytm SBI Credit Card via Paytm app like two weeks ago, and a few days ago I noticed that my primary SBI card (BPCL Octane) whose credit limit is ₹1.5 lakh got reduced by ₹10k. Today, I got a message saying that the Paytm card has been approved and guess what’s the limit? ₹10,000.. bruhhh

 

[Xyphoros]

Did they give you the Paytm SBI Select card?

 

[thecooldean]

@lucifer no, just the regular Paytm card. Didn’t even spend a rupee, and had to pay ₹590 annual fee.

 

[thecooldean]

Looks like SBI has added a new method for credit limit increase. I noticed this as there was an app update today which mentioned “Revamped interface and process to apply for an increase in your Credit Limit. To raise a request, go to the 'Benefits' section and click on 'Credit Limit Increase'”.

I went to that section and was greeted with this screen.

I maxed out the slider and after clicking on proceed, it asked for an OTP for confirmation. The SMS mentioned “subject to validation of documents provided” and I was like meh. So I did not go ahead with that, but what I did was go to SBIcard website to see if there was a pre-approved offer, and I was greeted with the same screen. So I was like screw it and maxed out the slider again and entered the OTP.

I got an SMS saying request has been taken. However when I went back to the app and to that “credit limit increase” section, it mentioned the service request number and also asked for documents through a third party account aggregator. I clicked on it and it went to a website “ANUMATI” which asked for my phone number and OTP to link bank account.

I did that and just a few seconds later I got an SMS saying my credit limit is revised to ₹2,40,000. Went back to the app and got this screen.