HDFC Limit Enhancement - Nov 23

[Tr7]

Just Received an email for Limit Enhancement for my HDFC Millennia.From 3.4 L to 4.4L
Check yours too.

 

[Bugs Bunny]

What about the existing limit? I mean do they need it to be 10L or directly give Infinia with whatever limit you have?

You need nothing buy ulip and get infinia

 

[vijay.vj]

I am not saying this is the case. I only said that any branch can handle it. I don’t think they will issue Infinia for just 2.5 lakh investment. People are keeping 30 plus lakhs in Imperia and not getting it. The one I am going with requires around 2.5 lakhs for 10 years but you can stop paying after 5 years and withdraw. However, you would obviously lose some money in fees then.

You can stop after 1st year. Policy will lapse & funds will be transferred into discontinued fund. Your money will grow at 3-4% per annum which HDFC will only eat. After 5 years, you will be able to withdraw money which will be more or less same as your 1st year installment.

This may be better deal for many, then having that much of money locked for several years.

Did the same when my family got trapped into ULIP. 1.2L per year, only 1st year premium paid. Last month received 1.25L after 5 years completion in ICICI.

 

[Bugs Bunny]

You can stop after 1st year. Policy will lapse & funds will be transferred into discontinued fund. Your money will grow at 3-4% per annum which HDFC will only eat. After 5 years, you will be able to withdraw money which will be more or less same as your 1st year installment.

This may be better deal for many, then having that much of money locked for several years.

Did the same when my family got trapped into ULIP. 1.2L per year, only 1st year premium paid. Last month received 1.25L after 5 years completion in ICICI.

Is infinia really worth that much effort?

 

[vijay.vj]

Is infinia really worth that much effort?

10 years of 2.5L/year - Nope... they eat lot of your funds in name of multiple charges. You rather invest some where else and pay the fees from gains. If you really need, you can default rest of the premiums.

1 year 2.5L locked for 5 years -> may be Yes...

 

[jack333]

Bathinda, Punjab 151001

LTF de rahe kya?

 

[Deleted member 21942]

Itne bhaav milte hain Infinia ko isliye HDFC fir bhaav khaane lagta hai 😏

 

[Bugs Bunny]

LTF de rahe kya?

De skte koi bilkul e low level branch ho

 

[shutapdiya]

De skte koi bilkul e low level branch ho

Itne low level jagah pe hdfc branch bhi open karti hai?

 

[Bugs Bunny]

Itne low level jagah pe hdfc branch bhi open karti hai?

Sab hota e bhaii, dhundo aisi branch and get the shit done.

 

[Deleted member 21942]

Itne low level jagah pe hdfc branch bhi open karti hai?

itna bhi ab low nahi jaana chahiye Infinia ke liye

 

[Chaitanya-a]

itna bhi ab low nahi jaana chahiye Infinia ke liye

Yaha discourage Hone ki jagah ulta log encourage ho rhe ULIP leneko 😂

 

[Deleted member 21942]

Yaha discourage Hone ki jagah ulta log encourage ho rhe ULIP leneko 😂

 

[rahianiket]

Never got any Limit enhancement in Hdfc😏

 

[raghu.rokda]

Never got any Limit enhancement in Hdfc😏

ULIP ka jhansa dekar badvao 😂

 

[card-shard]

Yaha discourage Hone ki jagah ulta log encourage ho rhe ULIP leneko 😂

Hone do encourage.
Someone's loss is someone's gain.

Tarbuja katega, tabhi to sab mein batega 🤣🤣.

 

[raghu.rokda]

Hone do encourage.
Someone's loss is someone's gain.

Tarbuja katega, tabhi to sab mein batega 🤣🤣.

Tarbuja:

 

[Deleted member 21942]

ULIP ka jhansa dekar badvao 😂

ULIP Ke Fayde:

 

[Lobogris]

Sab hota e bhaii, dhundo aisi branch and get the shit done.

It can’t be done at branch level. Various high level approvals are required. A waiver for not having required income. Another one for not having a high variant card. Yet another one for not having the required spends on the existing card and a few more. So a branch can’t just request it without showing a high level of profit to the bank.

 

[Bugs Bunny]

It can’t be done at branch level. Various high level approvals are required. A waiver for not having required income. Another one for not having a high variant card. Yet another one for not having the required spends on the existing card and a few more. So a branch can’t just request it without showing a high level of profit to the bank.

If BM wants he can do anything and everything! Period!
PS: Speaking from personal experience.

 

[Deleted member 21942]

It can’t be done at branch level. Various high level approvals are required. A waiver for not having required income. Another one for not having a high variant card. Yet another one for not having the required spends on the existing card and a few more. So a branch can’t just request it without showing a high level of profit to the bank.