IDFC Wealth / Select Bank account not possible anymore with IP

[sparkit]

Last Month I have enquired IDFC branch near me about Select/ Wealth program.
They told me they need 3L/ 10L respectively. And then I negotiated for Wealth account with 5 Lakh IP.

And today when I went to the same branch to create Wealth account with 5 Lakh IP, They told me that very recently their app is updated and cannot directly open Wealth/ select account. I have to maintain atleast for 1 month and then they will raise the request.

They also confirmed it again by showing the app itself.

And the guy told me, he have already mailed their higher officials about this and will tell me if anything possible to open directly.

Anyone opened wealth/select through IP very recently?

 

[theflash]

No, previously there is a feature in the app to select the banking program wealth / select. Now they have removed it.

Nothing like that they're just fooling around.

 

[hellobois]

Yes, we can pay through Unipay or where the MCC is Utility.
You can read more about different cards and their payment platform here

Sbi Unipay is deaddddddddddd.

Search another platform bro.

 

[jyothisthaliath]

I wish to get Wealth account for my wife. She gave 5 Lacs cheque today for opening account. My RM says he can get it converted to Wealth 100% as he has done for many people. They even came down to my home for opening account, bhai felt like crying 😭 She is only having credit card and no other relationship with IDFC. Fingers crossed for Wealth upgrade

 

[sparkit]

I wish to get Wealth account for my wife. She gave 5 Lacs cheque today for opening account. My RM says he can get it converted to Wealth 100% as he has done for many people. They even came down to my home for opening account, bhai felt like crying 😭 She is only having credit card and no other relationship with IDFC. Fingers crossed for Wealth upgrade

Why what’s the issue now? Today only you gave the cheque right? It will take few days

 

[jyothisthaliath]

Why what’s the issue now? Today only you gave the cheque right? It will take few days

No issue. Just posting my experience. Many people here got it by funding 10 Lacs. So if it can be done by 5 Lacs, then it's great right?

 

[sparkit]

No issue. Just posting my experience. Many people here got it by funding 10 Lacs. So if it can be done by 5 Lacs, then it's great right?

Oh great! I thought there was some issues like I faced above.

 

[msankadi]

Sbi Unipay is deaddddddddddd.

Search another platform bro.

SBI unipay is now Undertaker

 

[hellobois]

No issue. Just posting my experience. Many people here got it by funding 10 Lacs. So if it can be done by 5 Lacs, then it's great right?

Can you pls share the details of your RM?
I would love to have such a good RM 😉 😁.
I was hoping to open IDFC wealth account soon.

 

[Ak Singh]

No issue. Just posting my experience. Many people here got it by funding 10 Lacs. So if it can be done by 5 Lacs, then it's great right?

In which city they are opening with 5l initial funding?

 

[jyothisthaliath]

In which city they are opening with 5l initial funding?

Mumbai bro. They are not opening directly. They said they will keep the funds and initiate for approval of Wealth. He said he has done it for many people.

 

[jyothisthaliath]

Can you pls share the details of your RM?
I would love to have such a good RM 😉 😁.
I was hoping to open IDFC wealth account soon.

Sure please DM

 

[UdayTr]

No issue. Just posting my experience. Many people here got it by funding 10 Lacs. So if it can be done by 5 Lacs, then it's great right?

Lol and here my RM said 10l needed for new account and 30l for existing ones, I was like wtf loyalty is being penalized. Later on though the same RM reached out and was asking for a "long term relationship" basically EULIP and all. Had to finally go to different branch to get the upgrade done.

 

[sadhunath]

Lol and here my RM said 10l needed for new account and 30l for existing ones, I was like wtf loyalty is being penalized. Later on though the same RM reached out and was asking for a "long term relationship" basically EULIP and all. Had to finally go to different branch to get the upgrade done.

lol.. BTW Did you eventually upgrade for 10L balance in Savings account or lower?

 

[UdayTr]

lol.. BTW Did you eventually upgrade for 10L balance in Savings account or lower?

10 only I was maintaining for wealth, branch official simply raised the request

 

[wealth_chaser]

I think 10L is the standard for them to convert account into wealth. I also opened account in search of wealth account benefits, I kept 5+ lacs from 2 months. I got a call from my RM last week so I asked if my account get converted to wealth or not, he said I can convert to select but for wealth you’ll need 10L balance or 15L FD.

 

[Wealth is my birth right!]

I think 10L is the standard for them to convert account into wealth. I also opened account in search of wealth account benefits, I kept 5+ lacs from 2 months. I got a call from my RM last week so I asked if my account get converted to wealth or not, he said I can convert to select but for wealth you’ll need 10L balance or 15L FD.

10l balance for a quarter we get auto upgrade offer to wealth

 

[wealth_chaser]

10l balance for a quarter we get auto upgrade offer to wealth

Didn’t knew that. I have ~6 lacs right now, eager to convert it to wealth account as I have to travel in 2-3 months, and want to enjoy international lounge access. I tried credit cards for international lounge i.e. for AU zenith+ got rejected on the spot when applying 🤷‍♂️

 

[Wealth is my birth right!]

Didn’t knew that. I have ~6 lacs right now, eager to convert it to wealth account as I have to travel in 2-3 months, and want to enjoy international lounge access. I tried credit cards for international lounge i.e. for AU zenith+ got rejected on the spot when applying 🤷‍♂️

auto is done by system quarter to quarter
no hdfc cards?

 

[wealth_chaser]

auto is done by system quarter to quarter
no hdfc cards?

I’m confused which one I should get. I already have HDFC millenia but credit limit is not that much (1.25L). I want to try to get LTF card. Their system is also weird, I have account with them, I keep minimum 2L (from almost 2 years) but still they don’t convert me to Classic banking. I tried customer support but they said it can only be generated automatically, nothing they can do.

 

[Wealth is my birth right!]

I’m confused which one I should get. I already have HDFC millenia but credit limit is not that much (1.25L). I want to try to get LTF card. Their system is also weird, I have account with them, I keep minimum 2L (from almost 2 years) but still they don’t convert me to Classic banking. I tried customer support but they said it can only be generated automatically, nothing they can do.

my spouse just had 2l for a month and got classic eventhough we dont have plans
we spent it later
reg lounge tata neu try to get