HDFC Infinia/DCB Metal Year End offer

[devrishivijan]

Today, HDFC Bank Team from Vikhroli office got in touch with me saying that on account of Year end, they can get me approvals for HDFC Diners Club Black Metal if I purchase insurance with minimum premium of Rs. 2 lacs p.a. or buy a annual ULIP of Rs. 2 lacs.

They said they can bridge the shortfall spends by Rs. 2-3 lacs and income criteria by Rs. 5 lacs p.a.

So for DCB Metal and Infinia, they can get approval if you spent only 6-7 lacs in the last one year.

For DCB criteria of net income of Rs. 25 lacs and for infinia net income of Rs. 50 lacs.

What is opinion of all over this?

 

[Mr. BeanMr. Bean is verified member.]

if I purchase insurance with minimum premium of Rs. 2 lacs p.a. or buy a annual ULIP of Rs. 2 lacs

I'd stay away.

 

[thanix]

Today, HDFC Bank Team from Vikhroli office got in touch with me saying that on account of Year end, they can get me approvals for HDFC Diners Club Black Metal if I purchase insurance with minimum premium of Rs. 2 lacs p.a. or buy a annual ULIP of Rs. 2 lacs.

They said they can bridge the shortfall spends by Rs. 2-3 lacs and income criteria by Rs. 5 lacs p.a.

So for DCB Metal and Infinia, they can get approval if you spent only 6-7 lacs in the last one year.

For DCB criteria of net income of Rs. 25 lacs and for infinia net income of Rs. 50 lacs.

What is opinion of all over this?

It is year end offer for themselves for their incentives on selling insurance/ULIP😁

 

[sohamfletcher]

Today, HDFC Bank Team from Vikhroli office got in touch with me saying that on account of Year end, they can get me approvals for HDFC Diners Club Black Metal if I purchase insurance with minimum premium of Rs. 2 lacs p.a. or buy a annual ULIP of Rs. 2 lacs.

They said they can bridge the shortfall spends by Rs. 2-3 lacs and income criteria by Rs. 5 lacs p.a.

So for DCB Metal and Infinia, they can get approval if you spent only 6-7 lacs in the last one year.

For DCB criteria of net income of Rs. 25 lacs and for infinia net income of Rs. 50 lacs.

What is opinion of all over this?

Yup I too received the call, as I had previously applied by writing to Chennai office for upgradation. But was rejected then.

This guy called and offering me FYF infinia metal, along with upgradation of account to preferred/imperia, he can also adjust payment of 2L on cards for 3 months, and can also refund card charges for next 2-3 years.

Looks lucrative. But due to government policy of taxing LTCG and fallings markets ULIPS have been out of favour, so banks are definitely trying to onboard by offering their prized rewards

 

[ALOAK]

Today, HDFC Bank Team from Vikhroli office got in touch with me saying that on account of Year end, they can get me approvals for HDFC Diners Club Black Metal if I purchase insurance with minimum premium of Rs. 2 lacs p.a. or buy a annual ULIP of Rs. 2 lacs.

They said they can bridge the shortfall spends by Rs. 2-3 lacs and income criteria by Rs. 5 lacs p.a.

So for DCB Metal and Infinia, they can get approval if you spent only 6-7 lacs in the last one year.

For DCB criteria of net income of Rs. 25 lacs and for infinia net income of Rs. 50 lacs.

What is opinion of all over this?

Don't even bother to go or buy ulip or insurance. Hdfc is known for this kind of fraud. U will end up into stress. Hear lot of wm not getting the card after buying. Don't bother at all. My 1 cent thought.