What will happen to HDFC DigiSave Youth Account After 25 Age?

It will be converted to regular (10k) account.

spamkraj609 wrote:

It will be converted to regular (10k) account.

Then, It’s better for me to Open HDFC Farmers Saving A/c

@aniket1587

Maintain 2500Rs/- Half Yearly and Enjoy Benefits like REGULAR SAVINGS ACCOUNT Along with Offers!

https://www.desidime.com/discussions/hdfc-savin...

shraaj wrote:

Then, It’s better for me to Open HDFC Farmers Saving A/c

@aniket1587

Maintain 2500Rs/- Half Yearly and Enjoy Benefits like REGULAR SAVINGS ACCOUNT Along with Offers!

https://www.desidime.com/discussions/hdfc-savin...

absolutely correct

spamkraj609 wrote:

It will be converted to regular (10k) account.

Do you have any official source to back this claim, as far as I know any account opened by a bank in India remains to continue under same variant unless that variant itself is discontinued & all customers under that acc variant moved to another acc variant by the bank.
@caks2006407 @rohit_agarwal @Ramta_Jogi

It will do what every youth does.

A Women’s Advantage Account and a Kid’s Account will appear as add-on accounts

Bank’s internal control will flag accounts due for upgrade and it will be converted to the next tier base account (10K savings).

What about ICICI mine account after 35 years of age?

guest_999 wrote:

Do you have any official source to back this claim, as far as I know any account opened by a bank in India remains to continue under same variant unless that variant itself is discontinued & all customers under that acc variant moved to another acc variant by the bank.
@caks2006407 @rohit_agarwal @Ramta_Jogi

I think you are right @guest_999 because in 2013 when I was Minor-STUDENT I opened my account with Central Bank of India (College Campus) from that time to 2020 They have not Charged a Single Rupee from me for Debit Card,SMS FASICILTY and also I was having ZERO Balance Account with Nice Benefits.

Though,even after becoming Major- They didn’t automatically converted my account to regular savings, recently I told them to convert it to Regular Savings because of Account Transaction Limitations

Now,that I converted to regular all charges are being levied on me.

@spamkraj609;

guest_999 wrote:

Do you have any official source to back this claim, as far as I know any account opened by a bank in India remains to continue under same variant unless that variant itself is discontinued & all customers under that acc variant moved to another acc variant by the bank.
@caks2006407 @rohit_agarwal @Ramta_Jogi

He is right. It will change to regular 10K account since it is for a certain age limit users – The bank/branch will send out an email to account holders.

I have confirmed this from branch and customer care (HDFC and ICICI Both).

HDFC DigiSave and ICICI MINE accounts don’t have their independent TnC yet with this clause written.

Ramta_Jogi wrote:

He is right. It will change to regular 10K account since it is for a certain age limit users – The bank/branch will send out an email to account holders.

I have confirmed this from branch and customer care (HDFC and ICICI Both).

HDFC DigiSave and ICICI MINE accounts don’t have their independent TnC yet with this clause written.

I see but is it confirmed for older users, I mean for Mine acc age limit is 35 years so if someone opened the acc at age 25 then that means at least 10 years of acc age & who knows Mine acc will even exist after 10 years so seems unlikely bank will change the acc type or maybe they will change it to something else but keeping the basic zero balance/charges conditions intact.

Ramta_Jogi wrote:

He is right. It will change to regular 10K account since it is for a certain age limit users – The bank/branch will send out an email to account holders.

I have confirmed this from branch and customer care (HDFC and ICICI Both).

HDFC DigiSave and ICICI MINE accounts don’t have their independent TnC yet with this clause written.

I know the people who opened ICICI Mine account just before 35. Even after 35, the account was not converted to regular savings account (10K) and it is still zero balance account. This was also confirmed by customer service (Email).

guest_999 wrote:

I see but is it confirmed for older users, I mean for Mine acc age limit is 35 years so if someone opened the acc at age 25 then that means at least 10 years of acc age & who knows Mine acc will even exist after 10 years so seems unlikely bank will change the acc type or maybe they will change it to something else but keeping the basic zero balance/charges conditions intact.

That is something that needs to be seen over the course of time. If they withdraw this MINE etc., it would most probably notify the account holder of the changes and the new charges.

sri222 wrote:

I know the people who opened ICICI Mine account just before 35. Even after 35, the account was not converted to regular savings account (10K) and it is still zero balance account. This was also confirmed by customer service (Email).

I am awaiting a written reply from icici

Ramta_Jogi wrote:

I am awaiting a written reply from icici

Any update?

smz wrote:

Any update?

None. I forgot 🙁

Will b converted to regular saving account...no doubt