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.

 

[imdjay]

Do you have any account in HDFC?
If no, opening an imperia with 30L IP gives you Infinia LTF depending upon your negotiation skills as per this post here..
This is the best deal.as far as I have seen.

Post in thread 'What is the best Life Time Free (for all) Credit Card?' https://www.technofino.in/community...me-free-for-all-credit-card.16619/post-468067

Please go through the thread for other details

And here I thought you were done with HDFC. And was closing all cards.

 

[SSV]

And here I thought you were done with HDFC. And was closing all cards.

I am done with hdfc , I will be maintaining only 10 to 20k balance only.
What did you assume?

 

[vijay.vj]

Do you have any account in HDFC?
If no, opening an imperia with 30L IP gives you Infinia LTF depending upon your negotiation skills as per this post here..
This is the best deal.as far as I have seen.

Post in thread 'What is the best Life Time Free (for all) Credit Card?' https://www.technofino.in/community...me-free-for-all-credit-card.16619/post-468067

Please go through the thread for other details

Okay.. Now I need to look for someone to loan me 30L for few days 🙂

Cant afford such an IP, can manage 10L-15L max.

 

[vijay.vj]

Do you have any account in HDFC?
If no, opening an imperia with 30L IP gives you Infinia LTF depending upon your negotiation skills as per this post here..
This is the best deal.as far as I have seen.

Post in thread 'What is the best Life Time Free (for all) Credit Card?' https://www.technofino.in/community...me-free-for-all-credit-card.16619/post-468067

Please go through the thread for other details

Already have preferred account with them, currently in process of acquiring Regalia Gold LTF.

 

[SSV]

And here I thought you were done with HDFC. And was closing all cards.

I don't have any HDFC cards.before.. I only have now my first HDFC card i.e. Infinia.. and now applied for Tata neu Infinity as a floater..

 

[vijay.vj]

I don't have any HDFC cards.before.. I only have now my first HDFC card i.e. Infinia.. and now applied for Tata neu Infinity as a floater..

Hope they didn't charge you for floater with a statement "we give infinity LTF only to Tata employees"

 

[SSV]

Hope they didn't charge you for floater with a statement "we give infinity LTF only to Tata employees"

I applied thru Tata neu app with LTF offer .. A Very few can mess around with me and even they also get their due ..in the due course of time..

 

[Trust Me]

Hdfc is poor in technology like sbi Their mobile banking & net banking is useless

... And I thought SBI's no-nonsense netbanking is very good (the best amongst the various banks I have/had relationships with, including ICICI, Axis, IndusInd etc.)!

HDFC's netbanking (not the new version people are complaining about) also serves my purpose just fine, and is smarter in some respects than others'.

I don't use mobile banking.

 

[imdjay]

I am doing with hdfc , I will be maintaining only 10 to 20k balance only.
What did you assume?

Oh. My mistake. I assumed based on some posts I saw earlier. Or maybe I saw something else.

 

[SSV]

Oh. My mistake. I assumed based on some posts I saw earlier. Or maybe I saw something else.

No problem.. .. just information overload I guess

 

[deadshot]

Hello everyone,
A guy came from icici to my home for opeaning WM account, but when he tries to open account from his tab then in the end it says "This account cannot be opend due to certain validations", so he took my signature on bank form and said he would, talk to his senior and inform me later,
so anyone know what could be the problem?

 

[Vasuki]

Hello everyone,
A guy came from icici to my home for opeaning WM account, but when he tries to open account from his tab then in the end it says "This account cannot be opend due to certain validations", so he took my signature on bank form and said he would, talk to his senior and inform me later,
so anyone know what could be the problem?

WM has been no longer zero mab ..
Please read last few pages for more .

 

[xvd1]

I have a decent amount of 18L in FD .. and downgrade didn't happen to me...

How much decent amount you are maintaining...??

Maintaining around 12 L. Would have added more with time *if* they hadnt downgraded me randomly.

 

[kvndsz512]

Actually I don't need to maintain any HNI banking programs in any big banks now as I already got Infinia with imperia based on ULIP..
So I have freed up more than 30 L from both ICICI and HDFC.. I will maintain minimal amounts only in both these banks..

how did you get infinia can u please elaborate and guide me ? have been trying from long now :/ but everyone is useless xD

or if u can connect me with ur rm im ok with opening account with him and all too xD

and is ur card fyf or ltf?

 

[kvndsz512]

Please go thru the thread I mentioned.. there was a lot of discussion around Infinia.. and for more details about ULIP DM me..

can u dm me ? i dont have option to dm

 

[varunsridharan]

I opened my Wealth Management account with ICICI on June 18th, 2023 [https://www.technofino.in/community...rd-possibility-for-a-0-balance-account.13693/] , with the understanding that it was a zero minimum balance account. However, today, I received a notification that i need to maintain 25,000 INR minimum balance.

This sudden change has left me perplexed, as it contradicts the terms I agreed upon during the account opening. I am reaching out to the community to inquire if anyone else has faced a similar situation with their wealth management accounts. Additionally, I am seeking suggestions on how to address this issue with the bank and, if possible, revert my account to a zero minimum balance status.

If you have any insights, advice, or experiences to share, I would greatly appreciate it. Understanding the steps others have taken in similar situations could be beneficial as I navigate through this unexpected change.

Thank you in advance for your support, and I look forward to hearing from fellow community members.

 

[Tejo]

I opened my Wealth Management account with ICICI on June 18th, 2023 [https://www.technofino.in/community...rd-possibility-for-a-0-balance-account.13693/] , with the understanding that it was a zero minimum balance account. However, today, I received a notification that i need to maintain 25,000 INR minimum balance.

This sudden change has left me perplexed, as it contradicts the terms I agreed upon during the account opening. I am reaching out to the community to inquire if anyone else has faced a similar situation with their wealth management accounts. Additionally, I am seeking suggestions on how to address this issue with the bank and, if possible, revert my account to a zero minimum balance status.

If you have any insights, advice, or experiences to share, I would greatly appreciate it. Understanding the steps others have taken in similar situations could be beneficial as I navigate through this unexpected change.

Thank you in advance for your support, and I look forward to hearing from fellow community members.

Several received same similar response. One of the tf reported that rm threatened to downgrade the ac.

 

[varunsridharan]

Several received same similar response. One of the tf reported that rm threatened to downgrade the ac.

in that case i will be happy to close the account

 

[panu24]

I opened my Wealth Management account with ICICI on June 18th, 2023 [https://www.technofino.in/community...rd-possibility-for-a-0-balance-account.13693/] , with the understanding that it was a zero minimum balance account. However, today, I received a notification that i need to maintain 25,000 INR minimum balance.

This sudden change has left me perplexed, as it contradicts the terms I agreed upon during the account opening. I am reaching out to the community to inquire if anyone else has faced a similar situation with their wealth management accounts. Additionally, I am seeking suggestions on how to address this issue with the bank and, if possible, revert my account to a zero minimum balance status.

If you have any insights, advice, or experiences to share, I would greatly appreciate it. Understanding the steps others have taken in similar situations could be beneficial as I navigate through this unexpected change.

Thank you in advance for your support, and I look forward to hearing from fellow community members.

Go through last few pages of below threads, this is already in discussion since more than a month that downgrades will be happening and they happened for some now.

ICICI Wealth Management Account Holders please share your experience.

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.

www.technofino.in

Regarding icici wealth account

recently 3days back i opened icici wealth account and debit card also issued. i already have one icici savings account and i linked new wealth account to old account mobile number i already asked CC abt the same they said u can use both accounts. QUERY IS after linking wealth account still...

www.technofino.in

 

[deadshot]

WM has been no longer zero mab ..
Please read last few pages for more .

Was trying to open WM account with 10L cheq