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Best high balance saving account

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maynigam

maynigam

TF Premier
Hello guys
Looking for suggestions on opening a high value savings account with good benefits. Want to transfer cash out of HDFC which has no regard for maintaining high NRV.
Thanks
 
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maynigam said:
I usually prefer to make FDs at higher rates in cooperative banks and keep them for the term, not for purpose of liquidity.
Purpose of these funds is liquidity.
Slowly removing some portions for some time. But may remove for long time also (if stock market gives an opportunity)
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Okay , BOB Radiance is a closer option for your needs.
With 30L FD, you get Radiance along with BOB Eterna CC LTF and a few other useful free DCs.( excpet for Opulence DC).
My complete story is here.. you can find out all the details in that post.. you can ask any queryies related to this in that thread.

If you want to get free locker and free Opulence DC also, then you need to look into recently introduced "bob masterstroke saving account" but this...
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Generally customer service depends on the branch and it's employees.I have seen the manager of one HDFC Branch immediately does everything through phone. At the same time, another HDFC branch manager doesn't even offer seat to me inspite of telling that I am a HNI Customer. You call all banks and tell that you may like to talk to branch manager for opening HNI account. In some banks, manager himself will come to your house for opening account.Check your self the response and decide. Regarding customer care service, you can call toll free number and see their response.
 
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KGSIPO said:
Generally customer service depends on the branch and it's employees.I have seen the manager of one HDFC Branch immediately does everything through phone. At the same time, another HDFC branch manager doesn't even offer seat to me inspite of telling that I am a HNI Customer. You call all banks and tell that you may like to talk to branch manager for opening HNI account. In some banks, manager himself will come to your house for opening account.Check your self the response and decide. Regarding customer care service, you can call toll free number and see their response.
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Had similar experience with HDFC. Manager straight away refused to make my credit card LTF and the next minute she was explaining to me how I have liquid money in my account and why I should open an FD in her branch.
Previous manager wouldn't even look up to talk to customers. Had a better experience at SBI actually.
 
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That aside, I'm looking at IDFC Wealth, IndusInd Exclusive, BOB Radiance, could someone give more insights on this? Also, I think Yes bank has a HNI banking program.
I don't want to look at Axis either.
 
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msankadi said:
IMHO there should be no word like high value saving account... Every day you keep your money in saving account you lose more money... Unless you want to just do it temporarily to gain a new card or Perk.. Not worth it
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I agree. But it seems like pvt banks are giving 7% interest. Similar to debt funds with same tax implications
 
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maynigam said:
That aside, I'm looking at IDFC Wealth, IndusInd Exclusive, BOB Radiance, could someone give more insights on this? Also, I think Yes bank has a HNI banking program.
I don't want to look at Axis either.
Click to expand...
If you have 50 lakh
Go for
Idfc private directly
Then u can maintain 10-20 or above

Bob radiance is good but tedious

Yes bank - mehhhh nooo
 
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KGSIPO said:
Indusind is a shit bank. It will be take longtime for everything and the branch people do not have any knowledge. Struggling to add a joint account for last 45 days. Very bad customer service and horrible customer care.
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From my experience. IndusInd places a lot of power into the hands of branch personnel. I called up a guy at my branch and he got my mom’s account connected with mine in 30 minutes, and went down to my mom’s workplace to get a signature.

At the end of the day the people working at the branch are the most important aspect of your banking experience at any bank and at any variant of your account.

I also find their customer care to be pretty darn quick. You press 1 button and you get connected. Even their mail is very quick. You get a reply in a day.

Yes their app is disgustingly ugly and pretty shitty though.

A very important point is also the amazing interest rate you get on FD’s and Overdraft.
 
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RBL gives you 7.5% interest on balances above ₹1 lakh if you maintain atleast ₹25 lakhs. You can open an Insignia account. But yeah, some might find it risky and such.
 
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maynigam said:
Hello guys
Looking for suggestions on opening a high value savings account with good benefits. Want to transfer cash out of HDFC which has no regard for maintaining high NRV.
Thanks
Click to expand...
If you perform cash deposits and do not want any charges then go for indusind bank (maxima, select, granede etcc..) there is very less server down, maintenance downtimes. from ATM/Debit card you can withdraw a Rs25,000- Rs 20,000 per withdrawl where other banks give only Rs10,000

IDFC is also a good option for seamless transactions

HDFC is always in downtime better not to go for that.
 
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