y e s, but they will ask 5/10L Initial Funding citing this and that reason for NTB IF can be negotiated to under 5L
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IDFC First Wealth Account Eligibility Requirement and Benefits - Discussion
- Thread starter Quantum
- Start date
- Replies 629
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Sobirvs
TF Ace
yep, also u might had used diff ph no too as idfc won't let u open acc with same ph no if your acc was dormant, if it was closed then idk. You might be able to change ph no later though.
You can open using your old number no issues even if you account was dormant or closed, only problem is it has to be opened offline.
Sobirvs
TF Ace
No bro, wrong here. I tried getting my dad to open idfc savings. This is literally a week back. But online he couldn't open as he already had a idfc domarnt current account. I have attached the screenshots below. Now, then he had to visit branch and branch said offline only they can open with cheque, so he did that but idfc denied saying can't use same phone number for opening new acc, so he gave his alternative no. for offline saving acc.
Also the branch said even if you close your dormant current acc, it still "might" not work coz the customer id will remain , just the acc will be gone.
I still insisted they open with my dad's main no, so then they said they will try with main no. first , and if not then alternative. When the acc opened finally now, they said they tried with main no. it didn't work, so they tried with laternative and it worked.
Now that the acc is open they said you can change ph no, from the app itself, but I haven't tried it. They said the cheque didn't clear yet but my dad was able to access acc from website and app. They told me if you try changing no. right now, the team might block acc for security reasons thinking it's fraud.
To be on a safer side they told me chnage ph no after a month or so. So we haven't changed ph no. yet.
Sobirvs
TF Ace
yep, 1-2 days only.
idfc even came to my dad's shop coz earlier check was bit old and had some issue so my dad gave a new check, so this took 1 day anyways, next day the acc was opened.
in ur case it might be opened even sooner
Offline means via pen and paper. When you close an account or already have an account in the same bank you cannot open a new account online. Because your old customer ID remains active.
Yes, they can open a new account using the same number, but before doing that they have to ask the operations team to bypass the error. The problem is that every branch is unaware of or interested in going the extra mile for the customer. Also, they will not get any commission for opening the account so insisted on opening using the secondary number.
As the process will be time-consuming and they won't get any monetary benefits, so choose to open the account using the easiest way.
I have visited a branch in Bangalore and enquired about wealth. They said for 10 lakh but later negotiated to 5 lakh IP but said that I want instant activation to wealth and they said okay. But due to holding of CC, I haven't been offered Wealth and I said that I can't give them 5 lakh IP then. They said they will raise mannual request and I negotiated to 30k IP only and on that only they have taken Wealth upgradation request and it upgraded to Wealth as well. And now they are also not demanding for 5 lakh maintenance.
So lucky got Wealth at 30k IP in Bangalore.
So lucky got Wealth at 30k IP in Bangalore.
sambitpatro
TF Premier
As of now we don't need to maintain any balance for wealth banking. But maybe in future they will start asking us to maintain the ORV of 10 lakhs. Good to know that u got wealth with 30k. Even I was being asked to fund 10lakh for 3 months but got it by maintaining 5lakh for 3 months.
Which Branch in Bangalore bro ?