idfc account help needed

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Deal Subedar
kukdookoo

Friends need help in two points

- in idfc bank when they preapprove credit cards they mention this
credit limit 1.50%|18% p.a.
credit limit 2.50%|30.00% p.a.
credit limit 2.67%|32% p.a.
credit limit 2.80%|40% p.a.

these are different for each user.what are these percentages here?

- in idfc someone added payees in front of me and after they added account number idfc net banking automatically showed the name of the account holder. i tried it myself today but it did not show me name of account holder but asked me to enter the account holder’s name. which step i am doing wrong here?

@akki.akki @raman12 @Sudarshan61 @andromeda

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1. percentage is most the lending rate on CC or the interest that you will pay in case of non payment

2. That someone might have added IDFC account, where as you might have added non IDFC account.

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Sudarshan61 wrote:

1. percentage is most the lending rate on CC or the interest that you will pay in case of non payment

2. That someone might have added IDFC account, where as you might have added non IDFC account.

1. 1.50%|18% p.a.
18% in case of non payment, got it. what is this lending rate of 1.50%? why is this different for everyone?depends on cibil score?

2. no it was a non idfc bank account.previously too someone posted here that it shows the name dont know how. i saw first time myself.

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1. It’s different for everyone special treat by idfc only not any other bank in credit card.

2. It will show you name but as I checked It’s not true of every account. Maybe they have tied up or got data from some buerau or any other 3rd place but it will not fetch for every account. I have verified it with family accounts. 3/5. Previously this facility was there in cred rent but later they removed. Don’t know why

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rockingneo wrote:

1. It’s different for everyone special treat by idfc only not any other bank in credit card.

2. It will show you name but as I checked It’s not true of every account. Maybe they have tied up or got data from some buerau or any other 3rd place but it will not fetch for every account. I have verified it with family accounts. 3/5. Previously this facility was there in cred rent but later they removed. Don’t know why

1. bro what is rate of 1.50%? i am confused with this.
2. maybe account specific also. i am not able to fetch account name of hdfc account holder. told my friend to check in his account he can fetch name of hdfc account holder and ifsc code by just using account number.

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kukdookoo wrote:

1. bro what is rate of 1.50%? i am confused with this.
2. maybe account specific also. i am not able to fetch account name of hdfc account holder. told my friend to check in his account he can fetch name of hdfc account holder and ifsc code by just using account number.

See for question 1. It’s interest rate charged per month on overdue payments after due date. So effectively annually it will be 1.5*12 18%. Similarly it will go for other as credit cards interest rate can go high as much as 40% annum

Hunk Hunk
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kukdookoo wrote:

1. bro what is rate of 1.50%? i am confused with this.
2. maybe account specific also. i am not able to fetch account name of hdfc account holder. told my friend to check in his account he can fetch name of hdfc account holder and ifsc code by just using account number.

The interest rate is the interest at which you will be charged by the bank if you missed or failed to make a bill payment post the due date.. if you pay it within the due date (which is what one must always do) no need to worry. And yes these interest rates differ from bank to bank and card to card but in case of IDFC it differs even from customer to customer

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when u add payee it fetches the basic details like fname & lname and you can’t edit that.

but it can only fetch for some accounts like sbi.

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akki.akki wrote:

when u add payee it fetches the basic details like fname & lname and you can’t edit that.

but it can only fetch for some accounts like sbi.

+ @rockingneo
it is fetching for hdfc also, for some accounts and for some it does not. can u check with hdfc in your account?

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@abhishek012 paji from where do these banks/apps like cred fetch account holder name just if we enter the account holder’s account number? some internal shared database?if yes then why not they fetch all bank’s accountholders name?

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kukdookoo wrote:

@abhishek012 paji from where do these banks/apps like cred fetch account holder name just if we enter the account holder’s account number? some internal shared database?if yes then why not they fetch all bank’s accountholders name?

22g baki bank thodi na share karenge aise

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@kukdookoo 22g, where can we find pre-approved cards.


What are the slabs of income for each variant of IDFC credit card ? 

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decideaim wrote:

@kukdookoo 22g, where can we find pre-approved cards.


What are the slabs of income for each variant of IDFC credit card ? 

check in internet banking
keep high balance, you will get higher limit card maybe wealth

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kukdookoo wrote:

check in internet banking
keep high balance, you will get higher limit card maybe wealth

Will i get wealth credit card if i keep 2 lakhs in the account??

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decideaim wrote:

Will i get wealth credit card if i keep 2 lakhs in the account??

my friend got its offer by keeping around 4 lacs, though he rejected it because his interest rate was 45% and it was not usable for online discounts. his limit was 5 lacs i think. now when he has shifted balance he is offered that lowest red color card with 70000 limit, all happened in the last 4-5 months.

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kukdookoo wrote:

my friend got its offer by keeping around 4 lacs, though he rejected it because his interest rate was 45% and it was not usable for online discounts. his limit was 5 lacs i think. now when he has shifted balance he is offered that lowest red color card with 70000 limit, all happened in the last 4-5 months.

Okay so atleast 4 lakhs need to be kept in the account plus1

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decideaim wrote:

Okay so atleast 4 lakhs need to be kept in the account plus1

no hard and fast rule. try to keep as much as u can for maximum time when they offer u a higher limit then take the card and take out balance.

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narayana1dd249 wrote:

to fetch the name of the account holder, try paytm rent option

can u share exact steps? dont use paytm aajkal

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kukdookoo wrote:

can u share exact steps? dont use paytm aajkal

paytm rent option, feed account number and a dummy name. then paytm will ask you to match and confirm the dummy name with the actual name

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