Axis Burgundy salary account - lower eligibility

[RM95]

I have a salary account with Axis (Prestige). I recently joined a new organisation and an Axis contact person mentioned that I can get my account upgraded to Burgundy Salary if net monthly salary > 2L. I know Burgundy is only offered to those with salary > 3L pm.

Does anyone know anything about this/has anyone gotten such an upgrade?

Also, will I still be eligible for upgrade if salary is around 1.3L?

 

[Dreamer]

I have a salary account with Axis (Prestige). I recently joined a new organisation and an Axis contact person mentioned that I can get my account upgraded to Burgundy Salary if net monthly salary > 2L. I know Burgundy is only offered to those with salary > 3L pm.

Does anyone know anything about this/has anyone gotten such an upgrade?

Also, will I still be eligible for upgrade if salary is around 1.3L?

Detailed discussion is present in https://www.technofino.in/community...t-card-axis-offer-to-burgundy-customers.1609/

The minimum salary requirement is 3L only.

 

[RM95]

Detailed discussion is present in https://www.technofino.in/community...t-card-axis-offer-to-burgundy-customers.1609/

The minimum salary requirement is 3L only.

Oh, okay. The representative mentioned the criteria as 2L for employees of my org.

Is Axis Burgundy worth it? Or are there better options in terms of salary accounts with other banks?

 

[jack333]

No need to get burgundy salary account if your aim is magnus ltf. From 1st sep they will issue LTF to normal burgundy account holders also

 

[garvit_a]

No need to get burgundy salary account if your aim is magnus ltf. From 1st sep they will issue LTF to normal burgundy account holders also

I believe the query is just based on the best Salary account a bank provides, to which I believe Burgundy is one of the best in my opinion. You do get a good amount of benefits without having to park 10L or maintain a 30L relationship just on the basis of your salary. Magnus LTF is just a cherry on top, and if the conversion ratio remains at 5:4 (still have to await on clarification on timelines and offer period) its a very good option to go for salaried Burgundy status.

 

[jack333]

Someone mentioned in other thread we can negotiate for burgundy salary account for salary 2l plus also

 

[sky_walker_rules]

is a 5 lac deposit is must or is only a 2-3 lacs salary the requirement?though unreachable both of them,but wondering how one can get into in best possible way

 

[BVCBVC is verified member.]

is a 5 lac deposit is must or is only a 2-3 lacs salary the requirement?though unreachable both of them,but wondering how one can get into in best possible way

Initial funding with 5L and 10L MAB or 30L relationship.

As mentioned above you can even negotiate for salary 2-3L. Burgundy is a premium account service offered by Axis bank, so they wont compromise on their minimum requirements.

 

[sky_walker_rules]

out of the syllabus then 🙂

 

[kishorvr]

Someone mentioned in other thread we can negotiate for burgundy salary account for salary 2l plus also

That means can you negotiate for Priority with between 75 to 1lk salary?

 

[jack333]

That means can you negotiate for Priority with between 75 to 1lk salary?

Better get liberty salary account. It will be zero mab with free liberty debit card. You can get around 10k cashback every year using liberty account and debit card features

 

[sousnake]

I have a salary account with Axis (Prestige). I recently joined a new organisation and an Axis contact person mentioned that I can get my account upgraded to Burgundy Salary if net monthly salary > 2L. I know Burgundy is only offered to those with salary > 3L pm.

Does anyone know anything about this/has anyone gotten such an upgrade?

Also, will I still be eligible for upgrade if salary is around 1.3L?

Actually same here, for my company they gave me a pdf which has burgundy account requirement of only 2 lac. Attaching it.
I will try to see from next month if I can convert my priority to burgundy.

 

[MoneyMaven]

Actually same here, for my company they gave me a pdf which has burgundy account requirement of only 2 lac. Attaching it.
I will try to see from next month if I can convert my priority to burgundy.

From where did you get this PDF?

 

[sousnake]

From where did you get this PDF?

Our company has a point of contact for each bank, so 1 of my colleague asked him (axis bank person) & he gave on whatsapp. You can visit your branch where you have salary & enquire about it.

 

[MoneyMaven]

Our company has a point of contact for each bank, so 1 of my colleague asked him (axis bank person) & he gave on whatsapp. You can visit your branch where you have salary & enquire about it.

I inquired a couple of months ago and was told that there needs to be a net credit of 5 lakhs per month or a cheque of the same amount, which is different from the information on the official website. The official website states that a minimum monthly salary credit of Rs. 3 lakhs will make you eligible.

source: https://www.axisbank.com/retail/acc...account/eligibility-and-documentation#menuTab.

I'll try to find out if we have a POC in our office.

 

[Pawan_KS]

I have a salary account with Axis (Prestige). I recently joined a new organisation and an Axis contact person mentioned that I can get my account upgraded to Burgundy Salary if net monthly salary > 2L. I know Burgundy is only offered to those with salary > 3L pm.

Does anyone know anything about this/has anyone gotten such an upgrade?

Also, will I still be eligible for upgrade if salary is around 1.3L?

Axis provide burgundy to employees of firms in their A+ list at only 2Lakh salery.

You may be eligible for upgrade but they need to take approval for it.

 

[RM95]

Axis provide burgundy to employees of firms in their A+ list at only 2Lakh salery.

You may be eligible for upgrade but they need to take approval for it.

How can I get my hands on their A+ list? Is iy available in public domain?

 

[Pawan_KS]

How can I get my hands on their A+ list? Is iy available in public domain?

Not available in public domain but you can ask to axis bank executive.

 

[Pawan_KS]

That means can you negotiate for Priority with between 75 to 1lk salary?

Yes you can negotiate this to open the burgundy account but one will not be eligible for LTF Magnus as burgundy relationship need to be fulfilled for the same as confirmed by axis executive.

 

[CC_Exuberant]

Yes you can negotiate this to open the burgundy account but one will not be eligible for LTF Magnus as burgundy relationship need to be fulfilled for the same as confirmed by axis executive.

Burgundy relationship ? What do you mean by this?