realrrishi
TF Buzz
Is there any tips & trick to get kotak HNI account without keep huge funds & without maintaining AQB & MAB . Currently Holding Axis Burgundy.
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Kotak HNI Banking Without Maintaining AQB
- Thread starter realrrishi
- Start date
helloworld
TF Legend
You got Burgundy without maintaining AQB & MAB?
realrrishi
TF Buzz
Yes, But Currently having Salary Account also my friend having icici wealth account without MAB & IDFC Wealth Account without maintaining. He hardly keep 10k in icici wealth account & 25k IDFC wealth. So is there any possibility with kotak ?
helloworld
TF Legend
icici wealth: https://www.technofino.in/community...-wealth-rm-regarding-downgrade-trigger.17052/
you may open any premium account but downgrade always possible with any account. these are not 0 mab accounts.
Post in thread 'Downgrade experience on HNI Banking Programs!' https://www.technofino.in/community...nce-on-hni-banking-programs.21271/post-477230
Alt: you can switch salary there.. salary accounts always in all banks don't need to maintain without MAB & QAB, no worries there.
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I stopped maintaining AQB 8 months ago, still not downgraded 🤞
realrrishi
TF Buzz
Approx how much you are maintaining (how much money) past 8 month.
45k
helloworld
TF Legend
If not today then tomorrow. The point here is no lifetime having benefits without maintaining MAB or QAB for premium accounts, it can happen anytime for anyone.
For 2 years, I enjoyed HDFC Preferred without maintaining any eligibility and now its downgraded or kept to SavingsMax. This is how it is, rather than finding tricks, it would be better if we just open the account and enjoy as long as it lasts.
As per OP request, there are no tricks it works as long as it can and when its the time we have to look alternative.
Post in thread 'Downgrade experience on HNI Banking Programs!' https://www.technofino.in/community...nce-on-hni-banking-programs.21271/post-477230
It is happening in ICICI, HDFC and happens in other banks too. Now a days, systems are updating with new criteria frequently and eliminating not beneficial accounts from their HNI accounts. It's all business.
I’m having ICICI wealth management account from 2.5 years, maintaining 15-20k AMB.
Regarding axis I’m making the most use of burgundy debit card for 1k BMS BOGO offer, even if my acc gets downgraded & card becomes chargeable I have now worries.
But yes, eventually they’ll get downgraded if requirements are not met.
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