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Infinia HDFC Infinia "requesting" 1.5 lakhs spend per month?
What! deposit of core and even HDFC didn't care 🙁
No surprise they had a downfall in deposits
Seems no value for a true customer to a bank
@Lobogris @Avinash.Mishra guys did you write email to PNO? 🙁
Trust me every 2 days once i get a call if i can make sum FD's
Banks especially HDFC needs Deposits there is a huge crunch
No surprise they had a downfall in deposits
Seems no value for a true customer to a bank
@Lobogris @Avinash.Mishra guys did you write email to PNO? 🙁
Trust me every 2 days once i get a call if i can make sum FD's
Banks especially HDFC needs Deposits there is a huge crunch
sunit123
TF Premier
I kept 3 Cr in their category A branch and they didn't care....India is very RICH and only Bharat is Poor...I was told to keep 5 Cr FD and then they will consider my request....1 or 2 Crore is peanut these days.
According to RBI data, 7% depositors keep more than 5 lakh in bank account....Around 1% depositors (which include NRI's) keep more than 5 Cr & bank is only interested in these 1% depositers...Rest 99% are only a burden on the bank who keep begging for free credit cards and lockers.
According to RBI data, 7% depositors keep more than 5 lakh in bank account....Around 1% depositors (which include NRI's) keep more than 5 Cr & bank is only interested in these 1% depositers...Rest 99% are only a burden on the bank who keep begging for free credit cards and lockers.
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They pester all the time for deposits but not willing to give the card. I’m meeting BM tomorrow for the card hopefully I will get through this time.
bing1309
TF Premier
if you have a deposit of 1 to 2 cr, you are supposed to open an Infiniti account in hdfc and you will have to maintain it for 6 months and automatically get preapproved with a limit of 10Lakhs. just opening an account and asking for a card won't work because there is no business for them.
Yes. Emailed to grievance redressal and PNO and forget Infinia, they even refused to upgrade my Moneyback to Milennia. This was despite having a good credit score of around 795 and an ITR way more than what is required for Infinia. I was ready to completely move away from HDFC.
My credit limit was just 60k on my Moneyback. Hard to spend much on it.
You could have got LE based on FD lein since you had so much deposits anyways.
I did the same for my DCB and got upgraded to Infinia.
I would have transferred 5 crores happily if they had bothered. They are inefficient as well as disinterested. So many people called me from the branch and promised to “move it forward”, get special approval bla bla but nothing ever happened. The BM would always call someone to his office and ask them to work on it but maybe it was just for show as no one did anything. All they did was submit an application for upgrade which was rejected. All they wanted was to sell ULIP s and fixed maturity plans etc.
Oh. I thought some rural area of NCR.
ULIP but that avenue is now closed.
Yes, tried that route as well but they weren’t sure if Infinia could be issued against FD. They promised to “look into it”. You need a BM or some senior RM manager who know what they are doing and are interested in doing it.
The little branch on the Iskon road or the one that used to be by the Budhist temple and has now moved to near Spring Meadows?
I hope they don’t make 1.5 lakhs mandatory. 50k per month might be ok.
Not getting infinia against FD.
You can get your limit increased on basis of FD. If you do 10L FD, they'll increase your credit limit by 8L. Even my BM was not aware of this. He said he has a lot of experience in the bank but never heard of it. Grievance redressal did it in a week without any issues.
Ok. Good to know. I wasn’t aware of this method fully even though I had read about it.
Yes, not aware about branch getting relocated
Reading this makes me think that I got royal treatment from HDFC. I had just 11 L in FD and 1 to 2 L in savings when BM and RM really put fight for me to get Infinia. And got it in about a month. They could have got in lesser time, if I would have not put condition of not closing co branded card.
