HDFC offering Infinia against investment - is it worth it?

[credit_explorer]

I read in this forum that we can get Infinia by investment route. I enquired about it with bank. They are offering Infinia if I invest 1.5 Lakh/year (earlier they were demanding 2 Lakh/year, but when I declined they came down to 1.5, and now they are eager to sell the policy, calling multiple times a day saying they got approval for Infinia). They are saying I can surrender the policy after 3 years and get the money back. I have few questions: How much money I will get back if I surrender the policy after 3 years (they are claiming I will get back 6-6.5 lakhs) ?
Is it worth it to invest 1.5 Lakh to get Infinia? I have Regalia Gold.
Thoughts and suggestions are appreciated.
Note: Infinia offered is not LTF. They are claiming RBI made some rules, so they cannot offer LTF for super premium cards.
Policy offered is Sampoorna Jeevan

 

[deep@vie]

Do you have any credible source about IR launch month??

Should come in Sep end or in Oct.

 

[SSV]

Should come in Sep end or in Oct.

Any reliable info or guess work..
I am also thinking on the same lines .. more like September

 

[SSV]

@D₹V @Vasuki ... 👌

Okay thanks.. I would love to hear from someone from the bank..

 

[Slayer]

I am being offered Infinia agasint 1.5lacs of investment (one time) in some Tata investment product by HDFC team

1.5L is most likely for the first year and premiums have to be paid for atleast 3-5 years and the minimum lock in would be 5-7 years according to my understanding.

If it is just a single 1.5L payment even with 5 years of lock in then i think it's a pretty good deal

 

[deep@vie]

Any reliable info or guess work..
I am also thinking on the same lines .. more like September

They've put it in partner's list, generally gets launched within 2 months after this.

 

[SSV]

They've put it in partner's list, generally gets launched within 2 months after this.

Okay thanks.. which partners list? You can DM me if you feel so of any further details

 

[deep@vie]

Okay thanks.. which partners list? You can DM me if you feel so of any further details

Yes mystery baba @SSV shared over DM(WA)

 

[D₹V]

Do you have any credible source about IR launch month??

As per rumours Infinia reserve is already live to 50-60cr networth above customers.

 

[HumorSimpson]

As per rumours Infinia reserve is already live to 50-60cr networth above customers.

@TechnoFino Mandal Babu did you get one ?

 

[D₹V]

@TechnoFino Mandal Babu did you get one ?

I don't think if he is eligible 🫣.

 

[imdjay]

@TechnoFino Mandal Babu did you get one ?

Cant confirm or deny. have signed an NDA.

 

[Vasuki]

I am being offered Infinia agasint 1.5lacs of investment (one time) in some Tata investment product by HDFC team

Bring it to 1 lakh

Also why you need INFINIA

 

[m4b]

Bring it to 1 lakh

Also why you need INFINIA

what's up with this black do? Protesting something?

 

[Vasuki]

what's up with this black do? Protesting something?

Yes against fascism

 

[m4b]

Yes against fascism

I stand with you.

 

[HumorSimpson]

Yes against fascism

Isn't this facism, when you don't show face 😔 in dp 🤔?

 

[HumorSimpson]

I stand with you.

Snake 🐍 and a frog 🐸 bonding together. Wow... Have seen enough in this world 🗺

 

[Vish111]

I am being offered Infinia agasint 1.5lacs of investment (one time) in some Tata investment product by HDFC team

I am wonderding, what if you do the investment and as soon as you get the Card, cancel the investment. With each investment you get freelook period of 15 days to a month.

Anybody tried this?

 

[Firewing224]

I am wonderding, what if you do the investment and as soon as you get the Card, cancel the investment. With each investment you get freelook period of 15 days to a month.

Anybody tried this?

They process card after 30 days.

 

[D₹V]

I am wonderding, what if you do the investment and as soon as you get the Card, cancel the investment. With each investment you get freelook period of 15 days to a month.

Anybody tried this?

Yes, but after successful investment only, RM/BM will forward your application & it take good amount of time for approval 🤣.

What you say is right & can be done but relationship with branch goes brrr 🤣🤣.