Credit Limit - SBM Credit Card

FAQs related to Credit Limit

Why can't I increase my credit limit without creating a new FD?
As per the bank guidelines, your Niyo SBM credit card limit can only be increased via creating a new FD. The total amount of your FDs will be your overall s...
Mon, 11 Mar, 2024 at 2:36 PM
How do I check my credit limit?
Your total credit limit is equal to the total amount in your FD (100% of the FD amount). You can view your credit limit by: Clicking on the “Credit Card”...
Wed, 29 Nov, 2023 at 11:11 AM
Can I increase my credit limit?
Yes, you can increase your credit limit by creating new fixed deposits (FD). Click on the “Credit Card” tile (top of the screen - this will take you t...
Thu, 14 Mar, 2024 at 5:06 PM
Why do I need a Fixed Deposit to order a credit card?
The credit card we are providing is backed by a fixed deposit.  100% of the fixed deposit amount becomes your monthly credit card limit. You can ope...
Wed, 29 Nov, 2023 at 11:12 AM
What happens to my Credit Card if I withdraw an FD?
Your credit card will get closed if you withdraw from your FD. This is because: The FD can only be withdrawn fully (all FDs will get withdrawn) and not...
Mon, 11 Mar, 2024 at 1:02 PM
What is the maximum credit limit I can get?
Your total credit card limit is equal to the total amount in your FD (100% of the FD amount). The maximum credit limit can be Rs. 25 Lakhs (In case your FDs...
Thu, 14 Mar, 2024 at 5:07 PM