Closing all sort of relationship with a bank

[CyberPsych]

If I close all sorts of accounts (savings, current, credit, loan, etc accounts) with a specific bank, will they delete all my data from their servers? If yes, how long it will take?

If I apply for a credit card or load after, say 180 days, will I be considered as a new customer or customer with existing relationship because there is history of relationship?

 

[CyberPsych]

I dont think we (who do not have relationship with Axis i.e. saving A/C) have any customer id with them; only some temporary id.

I hold FK Axis only and I have a customer ID for me. It is printed on the letter that is sent with the card, iirc.

 

[rohant]

I hold FK Axis only and I have a customer ID for me. It is printed on the letter that is sent with the card, iirc.

I do not think so they gave some customer id for me on the letter. But, never mind....we are still not having exisiting relationship with them when I try to access the credit card page

 

[CyberPsych]

Okay do this , in this order…

1) close your FK card immediately I.e tomorrow..
It’s a waste card anyway that too you have it as paid

2) open a liberty sb account online tomorrow itself..

3) wait for pre approved offers. You would most likely get them in around 1 month..

apply thru Airtel app, you will get it definitely…

Before closing FK, take any axis basic core card thru CC .. this will definitely help you in getting Airtel card

Pre-approved cards will only show when you have a bank account with them. Otherwise some MRCode error will show in that page and tell you that your account type is not supported.

@NShah @helloworld I was randomly checking Axis mobile app and the pre approved cards section showed to me. I applied for Ace successfully. At least I got Ace for now.

18-Nov-23: One more guy found this and posted in Axis CC thread --> https://www.technofino.in/community...edit-card-offer-for-non-account-holder.19799/

Today 17-Dec-23: I got it --> https://www.technofino.in/community...re-approved-offers-for-cc-only-holders.20847/

 

[Shubham Yadav]

@CyberPsych. Ab toh ACE mil gaya abhi close krne h kya relationship?

 

[CyberPsych]

@CyberPsych. Ab toh ACE mil gaya abhi close krne h kya relationship?

I don't know if you are asking "will you close relationship", I will close FK Axis and use ACE only. Plans for Axis savings account is dropped for now.

 

[connection01]

I closed my savings account with HDFC bank approximately 9 years ago. I can still login to net banking with same customer id. It just has the savings account unmapped from my customer id but I can still login, reset password using OTP etc.

 

[its_karan]

If I close all sorts of accounts (savings, current, credit, loan, etc accounts) with a specific bank, will they delete all my data from their servers? If yes, how long it will take?

If I apply for a credit card or load after, say 180 days, will I be considered as a new customer or customer with existing relationship because there is history of relationship?

The law says:

5 and 10 years.

• 5 years: Read Section 12.
• 10 years: Read Rules.

PMLA and PMLA Rules.

Not my view, just the law.
Plus I am not bifurcating data[KYC/Transaction(suspicious/nonsuspicious)]
Do your own research.

 

[SSV]

The law says:

5 and 10 years.

• 5 years: Read Section 12.
• 10 years: Read Rule 6 with Rule 10.

PMLA and PMLA Rules.

Not my view, just the law

This data will be presented to the law enforcement authorities if needed.
this data will not be used in taking their business decisions for that long..
Purposes are different