And this completes ICICI portfolio for the year! (Hopefully 🤓)

[Digvijay]

So this just happened, unintentionally! I was looking for home loan balance transfer for last few months and in that pursuit I visited ICICI branch near my place. Fortunately, the relationship manager was kind enough to click all the checkboxes I needed at that time. I was not even looking for wealth management account as my primary goal was to shift from HDFC home loans to any bank offering balance transfer with lower interest rates without much hustle for paperwork. And surprisingly ICICI completed the whole process merely within two weeks. In addition, the relationship manager got me into idea of wealth management with typical sales perspective. As there was not much requirement as relationship value was being covered through home loan balance transfer, still I was asked to initial deposit of 5 lakhs only for wealth account opening and this amount could be withdrawn anytime. Yes, there is no minimum balance requirement as confirmed by bank officials. After completing this process, eventually, credit card team pitched in, offering variety of credit cards. I only asked for Sapphiro credit card as I have read through various posts on this platform, as how can one get LTF Sapphiro. Again, without much fuss, the relationship manager got it done and the LTF Sapphiro was delivered in 5 days. To give a timeline perspective, I visited ICICI branch on February 1, shared all the required documents with the team, got in-principal approval on February 8, the wealth account was opened on February 9, the balance transfer cheque was issued on February 13 and Sapphiro credit card along with Drealmfolks Privilege card was delivered on February 16. All this was smoothly done and with proper communication by every concerned person. Overall, quite happy with ICICI bank so far, hope it will continue in future too!

PS: Wealth account offers world debit card, personal pay slips with regular cheque book along with option for demat account and locker facility free of cost.
Effective home loan interest after latest RBI hike became 8.55, still worth it!

 

[jack333]

So this just happened, unintentionally! I was looking for home loan balance transfer for last few months and in that pursuit I visited ICICI branch near my place. Fortunately, the relationship manager was kind enough to click all the checkboxes I needed at that time. I was not even looking for wealth management account as my primary goal was to shift from HDFC home loans to any bank offering balance transfer with lower interest rates without much hustle for paperwork. And surprisingly ICICI completed the whole process merely within two weeks. In addition, the relationship manager got me into idea of wealth management with typical sales perspective. As there was not much requirement as relationship value was being covered through home loan balance transfer, still I was asked to initial deposit of 5 lakhs only for wealth account opening and this amount could be withdrawn anytime. Yes, there is no minimum balance requirement as confirmed by bank officials. After completing this process, eventually, credit card team pitched in, offering variety of credit cards. I only asked for Sapphiro credit card as I have read through various posts on this platform, as how can one get LTF Sapphiro. Again, without much fuss, the relationship manager got it done and the LTF Sapphiro was delivered in 5 days. To give a timeline perspective, I visited ICICI branch on February 1, shared all the required documents with the team, got in-principal approval on February 8, the wealth account was opened on February 9, the balance transfer cheque was issued on February 13 and Sapphiro credit card along with Drealmfolks Privilege card was delivered on February 16. All this was smoothly done and with proper communication by every concerned person. Overall, quite happy with ICICI bank so far, hope it will continue in future too!

PS: Wealth account offers world debit card, personal pay slips with regular cheque book along with option for demat account and locker facility free of cost.
Effective home loan interest after latest RBI hike became 8.55, still worth it!

View attachment 10508

8.55 is good. Lic HFL is giving at 8.65

 

[luckymurari]

So this just happened, unintentionally! I was looking for home loan balance transfer for last few months and in that pursuit I visited ICICI branch near my place. Fortunately, the relationship manager was kind enough to click all the checkboxes I needed at that time. I was not even looking for wealth management account as my primary goal was to shift from HDFC home loans to any bank offering balance transfer with lower interest rates without much hustle for paperwork. And surprisingly ICICI completed the whole process merely within two weeks. In addition, the relationship manager got me into idea of wealth management with typical sales perspective. As there was not much requirement as relationship value was being covered through home loan balance transfer, still I was asked to initial deposit of 5 lakhs only for wealth account opening and this amount could be withdrawn anytime. Yes, there is no minimum balance requirement as confirmed by bank officials. After completing this process, eventually, credit card team pitched in, offering variety of credit cards. I only asked for Sapphiro credit card as I have read through various posts on this platform, as how can one get LTF Sapphiro. Again, without much fuss, the relationship manager got it done and the LTF Sapphiro was delivered in 5 days. To give a timeline perspective, I visited ICICI branch on February 1, shared all the required documents with the team, got in-principal approval on February 8, the wealth account was opened on February 9, the balance transfer cheque was issued on February 13 and Sapphiro credit card along with Drealmfolks Privilege card was delivered on February 16. All this was smoothly done and with proper communication by every concerned person. Overall, quite happy with ICICI bank so far, hope it will continue in future too!

PS: Wealth account offers world debit card, personal pay slips with regular cheque book along with option for demat account and locker facility free of cost.
Effective home loan interest after latest RBI hike became 8.55, still worth it!

View attachment 10508

Wow.. how did they even give loan at 8.55 :O In Hyd, ICICI folk are running home loans at Repo rate+2.7 (Comes down to 9.2 with the new repo rate hike!)

 

[Digvijay]

Which card is better to have in amex version rubyx or Sapphiro? @Digvijay
And how did you apply for mastercard world wealth debit card? Phone banking people are saying they can only apply visa platinum

Replied to your DM. Hope it will help.

 

[Digvijay]

8.55 is good. Lic HFL is giving at 8.65

Wow.. how did they even give loan at 8.55 :O In Hyd, ICICI folk are running home loans at Repo rate+2.7 (Comes down to 9.2 with the new repo rate hike!)

Balance transfer offer! Of course, it will be increased as RBI has again increased the interest rates.