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Does the salary credit value change based on city tier?Based on recent conversations with Axis, the eligibility criteria seems to be:
Burgundy:
- Monthly salary credit of 3L
- AQB - 10 Lacs
Burgundy Private:
- Salary credit of 5L or
- NRV 5cr (could be negotiated to 1cr as mentioned above)
Does the salary credit value change based on city tier?
I read somewhere in the forum that you can negotiate the salary credit also, say 2L for burgundy account. Have you heard anything about that?
Hi, can you give me contact details of your Burgundy Private Advisor in Blore. My RM and BM are useless. Axis customer care is also of no use.I had discussion with Axis Burgundy Private Advisor few months back in Bangalore and he mentioned there is no such criteria for account opening. You can open the account with 5L or 10L cheque but would need to maintain NRV ~1cr by mid-year or end of year else the account will be degraded. Again, this can vary advisor by advisor.
Salary criteria of 5L ? Is it true ?Based on recent conversations with Axis, the eligibility criteria seems to be:
Burgundy:
- Monthly salary credit of 3L
- AQB - 10 Lacs
Burgundy Private:
- Salary credit of 5L or
- NRV 5cr (could be negotiated to 1cr as mentioned above)
That 2l for non metro citiesDoes the salary credit value change based on city tier?
I read somewhere in the forum that you can negotiate the salary credit also, say 2L for burgundy account. Have you heard anything about that?
+ 1 watchingSalary criteria of 5L ? Is it true ?
Any one having it based on salary only ?
This seems correct and this is what i have been told , but for this Axis should have a tie up with your organisation is what i have been toldBased on recent conversations with Axis, the eligibility criteria seems to be:
Burgundy:
- Monthly salary credit of 3L
- AQB - 10 Lacs
Burgundy Private:
- Salary credit of 5L or
- NRV 5cr (could be negotiated to 1cr as mentioned above)
Unless you have 1CR/year salary its not going to work. HR probably got confused with general Burgundy to PrivateGot one messge from Our HR that they are offering burgundy private based on salary to employees of organization.
Lets see if i get one .
Will keep you guys posted if my burgundy account is upgraded to burgundy private
Ok , they have organized a meeting with Axis guys and have invited us in the metting , will find out more in that meetingUnless you have 1CR/year salary its not going to work. HR probably got confused with general Burgundy to Private
badde badde log 🙂Got one messge from Our HR that they are offering burgundy private based on salary to employees of organization.
Lets see if i get one .
Will keep you guys posted if my burgundy account is upgraded to burgundy private
That's not true. There is Burgundy Private based on Salary too, though definitely not Rs. 5 Lac a Month. Recently got it done for a CTO of a Large MNCbadde badde log 🙂
Also there is no Burgundy private even with salary of 5L/month at least based on some threads I have seen here...only takes 5cr nrv
I agree , but things change a lot with corportae tie upThat's not true. There is Burgundy Private based on Salary too, though definitely not Rs. 5 Lac a Month. Recently got it done for a CTO of a Large MNC
please update us if there are any openings in case there is a positive outcome 😛I agree , but things change a lot with corportae tie up
Let me find out once the meeting is over .
Hahaplease update us if there are any openings in case there is a positive outcome 😛
You’re rightThat's not true. There is Burgundy Private based on Salary too, though definitely not Rs. 5 Lac a Month. Recently got it done for a CTO of a Large MNC
Most Burgundy Rm don't share correct deatils as they don't want to lose a Burgundy constomer , as soon as your account is upgraded you are shifted to Burgundy private RmYou’re right
My Burgundy account RM said with 1cr per annum salary they introduce to private but with an years time the overall net worth should be around 5c else they will downgrade
Again its just a casual talk with him so i could have got half info lets see
Let's see if I can get hold of a Burgundy Private Rm , who can answer our questionsYou’re right
My Burgundy account RM said with 1cr per annum salary they introduce to private but with an years time the overall net worth should be around 5c else they will downgrade
Again its just a casual talk with him so i could have got half info lets seet
Axis is quite okay to loose a Burgundy customer if they dont maintain the required AQB. They follow it very strictly.Most Burgundy Rm don't share correct deatils as they don't want to lose a Burgundy constomer , as soon as your account is upgraded you are shifted to Burgundy private Rm