UHNI Savings Account Bank suggestion

[sehgal.v7]

Do you have any recommendations for banks offering UHNI savings accounts? Can provide IF of up to 5cr? Will withdraw mostly all later and keep in money market funds.

Looking at HDFC / Axis currently.

 

[sidp]

Do you have any recommendations for banks offering UHNI savings accounts? Can provide IF of up to 5cr? Will withdraw mostly all later and keep in money market funds.

Looking at HDFC / Axis currently.

At 5cr ip, hdfc circle head will come to your home to collect your docs. 😅 if you already don't have infinnia( what am i even saying) , you should negotiate for infinnia metal ltf cc and infinity dc ltf before you give the ip. And take it in writing.

Jokes aside, you should look at dbs, hsbc for much better service.

 

[Vasuki]

Do you have any recommendations for banks offering UHNI savings accounts? Can provide IF of up to 5cr? Will withdraw mostly all later and keep in money market funds.

Looking at HDFC / Axis currently.

Hdfc won't give your their utra hni program
IMPERIA you can get at 5 lakh 💀

Axis will downgrade if you don't maintain be it burgundy or burgundy private

IDFC PRIVATE VERY EASILY AT 1 CR
INDUSIND PIONNER OR ABOVE

ICICI WEALTH MANAGEMENT IS VAGUE TERM WITH TOO MANY FLAVOURS

People will suggest Bob opulence but for it you have to wait 3 month
So it's kicks itself out of list

 

[sehgal.v7]

At 5cr ip, hdfc circle head will come to your home to collect your docs. 😅 if you already don't have infinnia( what am i even saying) , you should negotiate for infinnia metal ltf cc and infinity dc ltf before you give the ip. And take it in writing.

Jokes aside, you should look at dbs, hsbc for much better service.

Yea, made the mistake with Yes Bank few months bank. Got verbal communication for LTF approval for Yes Private CC and but never received.
BM opened Yes Grandeur instead of Yes Private, gave IF of 2Cr. Promised to get converted into Private in a month and Yes Private CC LTF within 15 days (based on 10cr ITR). Didn't receive Yes Private CC, nor account got upgraded to Private even after 2months.

Last week asked for free locker (included in Yes Grandeur) and they asked FD of 20k. And that was the trigger point, gave them a lovely talk and closed account same day.

 

[sehgal.v7]

Hdfc won't give your their utra hni program
IMPERIA you can get at 5 lakh 💀

Axis will downgrade if you don't maintain be it burgundy or burgundy private

IDFC PRIVATE VERY EASILY AT 1 CR
INDUSIND PIONNER OR ABOVE

ICICI WEALTH MANAGEMENT IS VAGUE TERM WITH TOO MANY FLAVOURS

People will suggest Bob opulence but for it you have to wait 3 month
So it's kicks itself out of list

Don't mind keeping funds in respective bank demat account.

 

[Vasuki]

Don't mind keeping funds in respective bank demat account.

Hdfc ,axis , don't consider demat as nrv .

 

[Riya Sharma]

Hdfc ,axis , don't consider demat as nrv .

Really? I thought Axis Burgundy did.

 

[Vasuki]

Really? I thought Axis Burgundy did.

Thread 'Axis Burgundy Private: Eligibility criteria update' https://www.technofino.in/community/threads/axis-burgundy-private-eligibility-criteria-update.33243/