hdfc preferred charges

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Finance Ninja
Tanmayyy
Are there any charges or degradation of preferred bank account in hdfc? Planning to open a preferred account for 50% discount on locker rental. Not planning to maintain the amb though.
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Deal Cadet Deal Cadet
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None as of now. And not easy to get 50% discount locker, mostly are unavailable. Check with branch near you before going for preferred. 

Finance Ninja Finance Ninja
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10ven wrote:

None as of now. And not easy to get 50% discount locker, mostly are unavailable. Check with branch near you before going for preferred. 

They're giving locker discount , already checked. 

Finance Ninja Finance Ninja
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10ven wrote:

None as of now. And not easy to get 50% discount locker, mostly are unavailable. Check with branch near you before going for preferred. 

So no charges or degradation if i don't maintain minimum balance in preferred?

Deal Cadet Deal Cadet
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Tanmayyy wrote:

So no charges or degradation if i don't maintain minimum balance in preferred?

Its on the RM to mark your account for degradation which rarely happens as they will lose a preffered account from their folio

Deal Cadet Deal Cadet
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Tanmayyy wrote:

They're giving locker discount , already checked. 

Oh, cool, lucky you grin

No non mantanince charges. At most, they'll downgrade, but that's a rarity, and you'll get communicated before that, to maintain the required balance.

Deal Lieutenant Deal Lieutenant
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legend101 wrote:

Its on the RM to mark your account for degradation which rarely happens as they will lose a preffered account from their folio

Does HDFC RM takes our decision whether we should be a CLASSIC Customer or not?
Deal Cadet Deal Cadet
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shraaj wrote:
Does HDFC RM takes our decision whether we should be a CLASSIC Customer or not?
No, that's automated when you maintain the required balance for a few months, you will be elegible for upgrade, the RM calls and asks you to upgrade though
Deal Lieutenant Deal Lieutenant
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legend101 wrote:
No, that's automated when you maintain the required balance for a few months, you will be elegible for upgrade, the RM calls and asks you to upgrade though
Ok!
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