Indusind Bank Partner Account Suggestion

[TheTrickySid]

A few days ago when I visited Indus bank the employee told me a offer on opening of indus partner account wherein I have to deposit a cheque of rs 2L at opening which I can withdraw as soon as account gets opened and the account then remains zero balance and he also assured that they don't downgrade accounts like HDFC in case of non maintenance of mab.

Is it worth opening the account??

 

[007]

Yup those are mostly foreign benefits.
Those don't really matter a lot in my opinion unless someone does a lot of foreign trips.

Yeah depends on person to person. I am just saying what you shared was incomplete. You said only debit cards are more in Partner.

 

[TheTrickySid]

Yeah depends on person to person. I am just saying what you shared was incomplete. You said only debit cards are more in Partner.

Sorry Sir

 

[Souvik]

Nope there are additional benefits too.
Like 0% markup fee, unlimited cash withdrawals outside India too, etc. Check and compare SOC for both accounts, available on their website.

Even I feel that the Exclusive one is better to have my eyes set.

 

[007]

Sorry Sir

No problem bro.
It would be better to check the website and SOC (schedule of charges) for complete info, if you are considering to open it! @Souvik

 

[TheTrickySid]

Even I feel that the Exclusive one is better to have my eyes set.

Yes definitely exclusive is better,
But it will come with a 1L mab
Whereas patner is 0Mab

 

[007]

Even I feel that the Exclusive one is better to have my eyes set.

Look if you can maintain the MAB, I would suggest you to go with Exclusive. You will also get 6 zero balance add-on accounts for your family.

 

[TheTrickySid]

Look if you can maintain the MAB, I would suggest you to go with Exclusive. You will also get 6 zero balance add-on accounts for your family.

4 accounts are also available in Patner as well.
Just saying

 

[TheTrickySid]

These are for partner account?

No it's for Exclusive

 

[Souvik]

Yes definitely exclusive is better,
But it will come with a 1L mab
Whereas patner is 0Mab

MAB seems to be fine with me, looking forward to leverage most benefits out of a premium account. The partner one however does have TimesPrime membership which I can ignore.

 

[Souvik]

No problem bro.
It would be better to check the website and SOC (schedule of charges) for complete info, if you are considering to open it! @Souvik

Right, makes sense.

 

[Bob78900]

1 patner account dc benefits = 2 exclusive account dc benefits

Because partner account gets 2 DC
Rest all benefits are same
The only downside is in patner you won't get a dedicated RM whereas in exclusive you will get a RM

Brother if i open partner account will i get pre-approved offers and who will.get pre-approved offers ?

 

[TheTrickySid]

Brother if i open partner account will i get pre-approved offers and who will.get pre-approved offers ?

You will get pre approved offer

For the question who will get I am assuming you are asking about which one among the two account holder, I am not pretty sure about this but as it is a joint account any one of the two account holders can avail the offer.

 

[007]

I got 2 add ons with my 25K MAB Indus one

Hmm. It's 4 add-ons for Partner and Select account, 6 for Exclusive.

 

[TheTrickySid]

MAB seems to be fine with me, looking forward to leverage most benefits out of a premium account. The partner one however does have TimesPrime membership which I can ignore.

If you want to experience the leverage of premium account and you are fine with MAB you can give pioneer account a try😁
Its zero balance with 10L initial funding 😉

 

[Bob78900]

You will get pre approved offer

For the question who will get I am assuming you are asking about which one among the two account holder, I am not pretty sure about this but as it is a joint account any one of the two account holders can avail the offer.

Yes you assumed right

 

[Bob78900]

If you want to experience the leverage of premium account and you are fine with MAB you can give pioneer account a try😁
Its zero balance with 10L initial funding 😉

Aftet that we can withdraw?

 

[Souvik]

If you want to experience the leverage of premium account and you are fine with MAB you can give pioneer account a try😁
Its zero balance with 10L initial funding 😉

Thats not a bad idea comparatively, the Pioneer offering seems to be quite good, do you have it ?

Edit: I do see this maybe a 1L AQB account too as the website says..

A Savings Account or Current Account with an Average Quarterly Balance of Rs. 10,00,000 (group based) and above.
Alternatively, a Net Relationship Value of Rs. 30,00,000 (group based) and above with an Average Quarterly Balance of Rs. 1,00,000 (group based) and above in a Savings or Current Account. https://bank.indusind.com/pioneer/about-us/criterion.html

 

[TheTrickySid]

Thats not a bad idea comparatively, the Pioneer offering seems to be quite good, do you have it ?

Edit: I do see this maybe a 1L AQB account too as the website says..

A Savings Account or Current Account with an Average Quarterly Balance of Rs. 10,00,000 (group based) and above.
Alternatively, a Net Relationship Value of Rs. 30,00,000 (group based) and above with an Average Quarterly Balance of Rs. 1,00,000 (group based) and above in a Savings or Current Account. https://bank.indusind.com/pioneer/about-us/criterion.html

 

[TheTrickySid]

Aftet that we can withdraw?

Yes

 

[Batmanbaba]

No charges doesn't mean that its a zero balance account.... Bank has full right to downgrade... And whenever we will visit rm with zero balance or less balance... Beizzati alag..... I guess partner offer is the best bet currently....