• Hey there! Welcome to TFC! View fewer ads on the website just by signing up on TF Community.

ICICI Wealth Management

Discover the exclusive benefits of the ICICI Wealth Management Savings Account, including high-interest rates, personalized guidance from relationship managers, wealth management solutions, priority service, exclusive offers.

Quick Overview

Category
Banking
Language
English (US)
Total members
232
Total events
0
Total discussions
3
Total views
17K

Downgrading from wealth ??

D7162

TF Legend
RML Group
VIP Lounge
I just received mail from ICICI that my account will be downgraded to Privillage if I dont meet DIV

We offer attractive products and services to customers who have a minimum commitment of ₹25 lakh with ICICI Bank, in the form of Deposits and Investments Value (DIV)* at any point of time.

Your Accounts & Investments held with us are below this threshold amount. Please maintain the minimum required balance by Nov 22, 2023 else we may have to convert your Account to Privilege Banking as per your current DIV. This calls for a Minimum Average Balance (MAB) of ₹25,000, failing which, MAB charges will be applicable. The MAB charge details are available at
https://www.icicibank.com/service-charges/-saving-ac
 
I just received mail from ICICI that my account will be downgraded to Privillage if I dont meet DIV

We offer attractive products and services to customers who have a minimum commitment of ₹25 lakh with ICICI Bank, in the form of Deposits and Investments Value (DIV)* at any point of time.

Your Accounts & Investments held with us are below this threshold amount. Please maintain the minimum required balance by Nov 22, 2023 else we may have to convert your Account to Privilege Banking as per your current DIV. This calls for a Minimum Average Balance (MAB) of ₹25,000, failing which, MAB charges will be applicable. The MAB charge details are available at
https://www.icicibank.com/service-charges/-saving-ac
It has been how many days since you have opened this wealth account ?
 
It was salary account opened in 2010, and dont know since when it was converted in to WM, I never cared before finding about WM in this forum
Same here. My salary account from 2007. I used to maintain a good deposit balance (not 25 lakhs though) till recently. Only thing i like about this is I can talk to customer care with very little or no wait time.

Anyone knows if there is a minimum salary requirements for WB account?

I have "not" got any email regarding down grade.
 
Please update anyone else also received such mail or I am special for them..

May be they are not happy with me because I denied their business loan offers ?
I have also received mail today only...this is ridiculous...3 years back they upgraded my account to wealth account without asking for the same. And after 3 year now they realised that I m not maintaining 25 lakh. If account gets downgrade to privilege account... definitely I will withdraw all the cash ...and will deposit to IDFC 😝
 
I have also received mail today only...this is ridiculous...3 years back they upgraded my account to wealth account without asking for the same. And after 3 year now they realised that I m not maintaining 25 lakh. If account gets downgrade to privilege account... definitely I will withdraw all the cash ...and will deposit to IDFC 😝
Same.. same.. I also didn't asked to upgrade.. I was happy with zero balance privilege
 
Yes, many people got:
 
Back
Top