Axis Family banking Query

[Enthusiastic]

Hey, My Father's Sister's Son have AXIS ULTIMA PREVILAGE Account.

So can I open savings Account under Family Banking program with his Salary account for avoid MAB ?

Is there any verification happens for this?

What if I added myself as relationship of cousin/In Law?

What should I choose Cousins or In Law?

 

[Enthusiastic]

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[Thomas Shelby]

Hey, My Father's Sister's Son have AXIS ULTIMA PREVILAGE Account.

So can I open savings Account under Family Banking program with his Salary account for avoid MAB ?

Is there any verification happens for this?

Usually there is no verification for this if it is done online but in offline there is a form which needs to be signed by all members in family banking programme

What if I added myself as relationship of cousin/In Law?

You can try it but an axis employee told me family means only immediate family like father, mother, brother, sister, spouse, kids

What should I choose Cousins or In Law?

Go with cousin preferably

 

[Enthusiastic]

Usually there is no verification for this if it is done online but in offline there is a form which needs to be signed by all members in family banking programme

That's why I think I should open it by using Brother/Cousin. Hope it will get successful linked

You can try it but an axis employee told me family means only immediate family like father, mother, brother, sister, spouse, kids

Go with cousin preferably

Thank you for this...

 

[Thomas Shelby]

That's why I think I should open it by using Brother/Cousin. Hope it will get successful linked


Thank you for this...

All the best and do update about it

 

[starstruck]

There is a verification on the account you are adding to the family banking id. You can see it in app online. Its very simple.

 

[Enthusiastic]

There is a verification on the account you are adding to the family banking it. You can see it in app online. Its very simple.

How they do Verification? I am not belong to their family directly but if tgere is any option for cousin?

 

[starstruck]

How they do Verification?

Basically they are confirming from the account gettting added that the person adding you in the family banking is genuine or not. Thats it. You can see the option by going to family banking option in the account that you are adding. They just have to approve it.

 

[Enthusiastic]

Basically they are confirming from the account gettting added that the person adding you in the family banking is genuine or not. Thats it. You can see the option by going to family banking option in the account that you are adding. They just have to approve it.

Thank you for this.

Hope I will bypass this.

 

[ankitfintech]

What is the criteria for adding family members as burgundy account holders?
In my area I opened burgundy for myself with 5L criteria.. but for adding family members as linked account RM says total money in all accounts combined should be 10L.. is it true?

 

[starstruck]

What is the criteria for adding family members as burgundy account holders?
In my area I opened burgundy for myself with 5L criteria.. but for adding family members as linked account RM says total money in all accounts combined should be 10L.. is it true?

https://www.axisbank.com/docs/default-source/default-document-library/burgundy-eligibility-criteria-oct21.pdf

You need to maintain 10 lakhs to continue with the account at both individual level or Family level as per their TnCs. You may be able to negotiate down but thats up to you.

 

[ahtsham]

@Enthusiastic were you able to add you as cousin in family banking?