Are Cash-Credit Account eligible for Axis Burgundy upgrade ?

[arn]

we hold a CC Account in Axis with a total limit around 12L.
and a Current Acc with 25k MAB.

can these be converted to a Burgundy account ?
will the Limit of CC Account be counted as requirement of 10L for Burgundy AMB ?
if yes, would we still need to give a High initial funding cheque , or the old account can be upgraded ?

 

[theglobalinvestor]

I don't think so. We have a 1.5Cr CC with Axis and another 2Cr in business loans and no burgundy.

 

[arn]

I don't think so. We have a 1.5Cr CC with Axis and another 2Cr in business loans and no burgundy.

Did you tried asking Manager for Burgundy on tht basis?

 

[anirbanm]

we hold a CC Account in Axis with a total limit around 12L.
and a Current Acc with 25k MAB.

can these be converted to a Burgundy account ?
will the Limit of CC Account be counted as requirement of 10L for Burgundy AMB ?
if yes, would we still need to give a High initial funding cheque , or the old account can be upgraded ?

Negotiate hard