Query regarding Icici wealth management account
- 2401
- 8
-
- Last Comment
Does this account requires zero MaB after 10 lakh initial deposit…?
Is maintaining ulips, fd, rd etc cumplulsory in this account
Is there chance of degradation if we don’t maintain high balance in account for long period…
Do we get pre approved offers for credit card in it easily…
Are there similar accounts in axis, indusind and hdfc… With hight initial deposit… Then zero mab…
Expired
7 Comments
|
2 Dimers
- Sort By
https://www.desidime.com/discussions/query-regarding-icici-wealth-management-account?page=1#post_8378765
Then I guess better to go to rural branch of icici and axis and open 2500 mab account…. Just see the downgrade…. From ultra preium to basic low…. 
Already having hdfc farmers account of 2500 mab
Icici has bsdba farmers account… No use and axis needs land documents for farmers account….. Who will give that
View 5
more replies
Click here to reply
Reply
Indusind pioneer – intial funding is 10L i think.. Then no charges for non maintenance of MAB..
Axis Burgundy – intial 5L.. Basically non maintenance is waived only for 2 quarters.. Then u will be charged + downgraded to a savings account
Hdfc – has 3 categories – classic (2 L), preferred – 5L, imperia – 10L.. Non maintenance waived for 2 quarters but double check
Kotak – privy league optima 10L, prima 2 L(not sure),.. Non maintenance is waived off but not sure how long..
All the above 4 banks allows to have only savings account with the mentioned balance.. Need not force for other components like FD, investments, insurance or loans….
As and when you are downgraded, ensure u close the debit card and ask for equivalent debit card for the downgraded variant else heavy charges willl be ther