• Hey there! Welcome to TFC! View fewer ads on the website just by signing up on TF Community.

Impact of HDFC Bank and HDFC merger

  • Thread starter Thread starter rajat30
  • Start date Start date
  • Replies Replies 5
  • Views Views 888

rajat30

TF Select
VIP Lounge
Hi, the merger of HDFC Bank and HDFC will be live from July 1. Basis this, already know a couple of things. FD rates from HDFC will reduce to the bank rates, and new applications only via bank.
Question regarding credit cards, I know HDFC offers card upgrades basis relationship with HDFC bank overall. Now I do not have any FDs in bank due to lower rates, but have a substantial amount in HDFC Limited, so will this be accounted for in my overall relationship, and can I ask for an upgraded card basis the new NRV? If so, how long should I wait prior to approaching for this?
Will appreciate any details of this merger, which impacts the banking relationship too.
Thanks
 
  • Like
Reactions: Rkr
Hi, the merger of HDFC Bank and HDFC will be live from July 1. Basis this, already know a couple of things. FD rates from HDFC will reduce to the bank rates, and new applications only via bank.
Question regarding credit cards, I know HDFC offers card upgrades basis relationship with HDFC bank overall. Now I do not have any FDs in bank due to lower rates, but have a substantial amount in HDFC Limited, so will this be accounted for in my overall relationship, and can I ask for an upgraded card basis the new NRV? If so, how long should I wait prior to approaching for this?
Will appreciate any details of this merger, which impacts the banking relationship too.
Thanks
Its goods as we will be able to get offers more frequently from merged subsidiaries more often in effiecient and seamless way...Bad part is ,more mails and sms from HDFC is expecred to come in upcoming days😁😁
 
Back
Top