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.

 

[Shubham Yadav]

Received Mail today 😢 😢

Countdown begin 10 9 8 7 6 5 .....

 

[SSV]

Received Mail today 😢 😢

Congratulations. .. .. 😉


..Take it easy..

 

[SSV]

I have 10k fd based 0amb account.
But apart from 1-2 month never did fd .

IF I UPDAGDE TO wealth , apart from free service of banking charges of IMps etc .and 0amb

What other real benefits it brings to the table .
What other advantage u get in term of availing other bank services?
Cc?
Loan?
Car loan?

WM may provide the following benefits ( not an exhaustive list)...

Note: "Instant Disbursal' and 'Instant Sanction" means 0 documentation initially....

In my view, these are the main benefits of this account... not your 0 MAB SB account...

 

[Akashn]

WM may provide the following benefits ( not an exhaustive list)...

Note: "Instant Disbursal' and 'Instant Sanction" means 0 documentation initially....

In my view, these are the main benefits of this account... not your 0 MAB SB account...

View attachment 34298

These offers are available for normal savings account also

 

[SSV]

These offers are available for normal savings account also

I don;t know about noraml SB account...
were they 0 documentation?? If so, then there is no real use of WM...

 

[NShah]

I don;t know about noraml SB account...
were they 0 documentation??

Y E S

 

[SSV]

Y E S

Okay then there is no real benefit of WM... I never held normal SB account in ICICI...

 

[Shubham Yadav]

WM may provide the following benefits ( not an exhaustive list)...

Note: "Instant Disbursal' and 'Instant Sanction" means 0 documentation initially....

In my view, these are the main benefits of this account... not your 0 MAB SB account...

View attachment 34298

Sometime these offer are shown even if you are only CC holder

 

[SSV]

Sometime these offer are shown even if you are only CC holder

That is even better... so no need to have SB account then...

 

[AritraSaha]

These offers are available for normal savings account also

I got a pre approved loan offer in my SBNIL account 🙂

 

[knight]

Okay then there is no real benefit of WM... I never held normal SB account in ICICI...

Now you're correct.
Most HNI programs have little to no real benefits.

They are just designed to boost the ego of people who can be potential customers for cross-selling products.
Banking is just a business, these programs are only to make 'people with good spending power' feel special so we stick with the bank. and the bank assigns RM for a better customer experience and sales.

 

[SSV]

Now you're correct.
Most HNI programs have little to no real benefits.

They are just designed to boost the ego of people who can be potential customers for cross-selling products.
Banking is just a business, these programs are only to make 'people with good spending power' feel special so we stick with the bank. and the bank assigns RM for a better customer experience and sales.

Basically this is there everywhere in most of the businesses... How to trap the 'Big Money'... they can't survive on small fishes..
Everyone implements their own so called 'Loyalty programs' which are designed to spend more money... I
It is our duty to find out, which one actually benefits us based on our specific needs...

 

[Shubham Yadav]

The only two things you should care about ICICI

One is Apay
Second is Any core LTF CC

 

[unusedbrain1]

The only two things you should care about ICICI

One is Apay
Second is Any core LTF CC

6 month cool down period just over for apay ?
What should I do to get Apay pre approved or even to get approved!

 

[SSV]

Now you're correct.
Most HNI programs have little to no real benefits.

They are just designed to boost the ego of people who can be potential customers for cross-selling products.
Banking is just a business, these programs are only to make 'people with good spending power' feel special so we stick with the bank. and the bank assigns RM for a better customer experience and sales.

Basically this is there everywhere in most of the businesses... How to trap the 'Big Money'... they can't survive on small fishes..
Everyone implements their own so called 'Loyalty programs' which are designed to spend more money... I
It is our duty to find out, which one actually benefits us based on our specific needs...

Having said that , I like WM account , predominantly because of the home banking services they provide to me for the last one year by two RMs..
Recently I got a Service RM ( which he claims)... so far so good...

 

[unusedbrain1]

Having said that , I like WM account , predominantly because of the home banking services they provide to me for the last one year by two RMs..
Recently I got a Service RM ( which he claims)... so far so good...

I wanted it because i can add my uncle who recently got new business.
So he can open current account as family banking.
Makes. Easy to take business loan

But i will wait November .. hearing all this downgrade thing

 

[Shubham Yadav]

6 month cool down period just over for apay ?
What should I do to get Apay pre approved or even to get approved!

do u have icici SB account ?

 

[Walter White]

ICICI ki services kaafi down ho gyi hai 2-3 saal me. ICICI se better treatment SBI deta hai aj kal.

Btw, agar ICICI account ko salary account me convert kar loge toh vo downgrade nhi karte regular savings account me toh MAB nhi maintain karna padta.

 

[SSV]

Easy to take business loan

This is the correct reason ... .. not 0 MAB account...
0 MAB is a by product of this program...

 

[unusedbrain1]

do u have icici SB account ?

Yes 10k fd based cc account but not done fd since ages .& Didn't used icici bank account much either was dormant .. hence no offer on Account. From 2 yrs