ICICI Wealth Management Account Holders please share your experience.

[TheTrickySid]

What's the MAB you guys maintaining in your Wealth management account.

And what's would be the ideal mab to prevent it from getting downgraded.
Or any tips to avoid getting the account downgraded without maintaining mab.

 

[AritraSaha]

Today bm and rm visited my home and they told due to internal circular, now they can't continue WM account if one don't maintain atleast 25%trv of required value, they want for average 50% but still 30-35% will also suffice for time being, as my account was not opened due to some "backend😂" problem, so i told them I'll not open.
P. S He told that many wm account holders are abusing as not even maintaining 3 digits balance.

I am happy with my online 0 balance which have 90rs in it..

 

[Akashn]

Other than cibil, there was no value.
But yeah that was right thing but still there should be minimum criteria as 25l is bit much in contrast to the services they provide.
even 5l is too much for this.

I just wanted this account for wealth dc 🥹.. i just hope they don't close this dc.. i don't care even if they downgrade 😁

 

[Akashn]

Ha pr kam se kam open to krte, downgrade hota tb hota.
Ab ek faltu ka chakr dd bnwakr tranfer lena pdega. They should have told me before hand, ip lene k time toh ha sir main ghar ata hu kal open krne.

Kya problem hua aapka? Kya error aya?

 

[SSV]

Other than cibil, there was no value

If you see this way, you right.. it’s not worth

 

[AritraSaha]

This is also correct.. we can get free CIBIL at a few places these days

*Lot of places

 

[AritraSaha]

I just wanted this account for wealth dc 🥹.. i just hope they don't close this dc.. i don't care even if they downgrade 😁

They will charge you 😅

 

[SSV]

*Lot of places

It’s all relative.. some places they are giving Experian hence I said a few

 

[DarthYoda]

If you see this way, you right.. it’s not worth

Or koi services hkya bhai, other than cibil and no service related charges.

 

[AritraSaha]

I just wanted this account for wealth dc 🥹.. i just hope they don't close this dc.. i don't care even if they downgrade 😁

Only one thing i hate about this online account... Customer care have line of ppl..

Today i spent 5 mins to get to the call, & they put me after 140ppl..🙂

 

[DarthYoda]

Kya problem hua aapka? Kya error aya?

Funding phle hi krdi thi pr idk unke system mein kya hua so my account was not opened for 3 days.

 

[thanix]

I just wanted this account for wealth dc 🥹.. i just hope they don't close this dc.. i don't care even if they downgrade 😁

What is special in that debit card? Lounge?

 

[AritraSaha]

It’s all relative.. some places they are giving Experian hence I said a few

Why you need that.. 🐼😎

 

[DarthYoda]

Only one thing i hate about this online account... Customer care have line of ppl..

Today i spent 5 mins to get to the call, & they put me after 140ppl..🙂

Contact through imobile contact us option, i got connected instantly

 

[SSV]

Or koi services hkya bhai, other than cibil and no service related charges.

The main purpose of this WM account (premium banking) is to distinguish from the general banking..
If you want to bank with them with regard to different kinds of loans , the process will be much easier with benefits such as pre approved, no documentation loans, priority support service , priority circle for Dmat account etc..
In my case, I also do get home banking services…..

 

[Akashn]

Only one thing i hate about this online account... Customer care have line of ppl..

Today i spent 5 mins to get to the call, & they put me after 140ppl..🙂

I dont like calling cc (introvert me).. email is best 😂

What is special in that debit card? Lounge?

Yes.. I don't have any card that gives options of all lounges in India

 

[SSV]

Why you need that.. 🐼😎

What I meant, not all credit score providing apps do offer CIBIL score .. got it??

 

[AritraSaha]

What I meant, not all credit score providing apps do offer CIBIL score .. got it??

Got it babaji 🙂

 

[Astraea]

I got it with 1L initial funding in Bangalore. Opened in July

Hi @ARV. May I know in which branch did you open?. I am looking to open a wealth management account. I'll DM you.
Thank you

 

[AritraSaha]

Contact through imobile contact us option, i got connected instantly

How so .. can you tell me

 

[SSV]

Or koi services hkya bhai, other than cibil and no service related charges.

The main purpose of this WM account (premium banking) is to distinguish from the general banking..
If you want to bank with them with regard to different kinds of loans , the process will be much easier with benefits such as pre approved, no documentation loans, priority support service , priority circle for Dmat account etc..
In my case, I also do get home banking services…..

Speaking of devil , just now received this email..
See the purposes of WM account here..