So, my case is tricky. With an initial funding of 10L, I opened a wealth account for both my father and myself - may be 2 years back. A few months ago, I enrolled in family banking and added my wife and mother underneath. Initially, all of us had wealth accounts, but recently, all of ours got downgraded. My father's and mine have a 0 MAB privilege, while my wife's and mother's accounts have a 25k balance requirement. I'm not sure about the next steps. Any suggestions on what to do next? Should I ask the branch to open a new wealth account with a 10L initial funding and re-link my family to that account? Apart from this, I also hold a salary account, but the last time the branch suggested keeping the salary account separate and opening a new wealth account.
