Hey everyone,
I wanted to share my recent experience with upgrading my IDFC FIRST Bank account from a regular account to a Wealth account. I hope this can help those of you who are considering doing the same.
I came across a few articles on Technofino where people talked about how they got their accounts upgraded from an IDFC regular account to an IDFC Wealth account. These stories got me curious, so I decided to look into it myself.
I reached out to my Relationship Manager (RM) at IDFC FIRST Bank to discuss the upgrade. He informed me that the official balance requirement for an IDFC Wealth account is ₹10 lakhs. However, he mentioned that if I could maintain a balance of around ₹5 lakhs and also take out a term plan, he could assist me with the upgrade.
So, I went ahead and maintained the suggested balance and got a term plan. Within 10 days, my account was upgraded! I received a welcome kit along with a Wealth Debit Card, which comes with a range of exclusive benefits.
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Eligibility Criteria for IDFC Wealth Account Upgrade
Based on what I've gathered, here are the key criteria to upgrade to an IDFC Wealth account:
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If anyone is considering upgrading their account, I highly recommend talking to your RM to explore your options. It made a huge difference for me, and the benefits of the Wealth account are definitely worth it. (To note: value given above are also negotiable based on how clever your RM is)
