Wealth/HNI account of which bank is the best with zero MAB

[codenerd]

I am planning to get a wealth/ equivalent HNI account in either of the banks:-
Axis Burgundy
Indusind Pioneer
ICICI Wealth
IDFC Wealth (Upgrade in progress from Select but too much unnecessary drama)

I am fine with initial funding of 5-10 lakhs but only if I can withdraw most of it in sometime and just keep 1-2 lakhs max or maybe even zero balance.

Please suggest me great alternatives or the best one which even gives premium debit/credit card also and not just some stupid VISA platinum variant.

 

[Tosh]

Family Banking yes it's available
MAB is 10L for wealth or 3L salary credited per month

 

[Chaitanya-a]

What's the MAB required for IDFC Wealth? Is there any scheme of Family Banking in IDFC?

10L is the required MAB and initial deposit. Yes, they allow Family banking. Pretty good for group account coz they don't have non-maintenance charges.

 

[kshitij_0]

10L is the required MAB and initial deposit. Yes, they allow Family banking. Pretty good for group account coz they don't have non-maintenance charges.

How many family members are allowed? Can you explain Wealth account benefits briefly? Like Most Practical Benefits

 

[Chaitanya-a]

How many family members are allowed? Can you explain Wealth account benefits briefly? Like Most Practical Benefits

I don't think there is any limit. Only condition is they should be your family member/business partner.

Wealth account has no extraordinary benefits other than higher limits for everything. Premium DC & pre-approved offer for Wealth CC. Complimentary airport pickups and drops. And most importantly, good relationship with bank.

 

[adi654]

Guys i have a query regarding axis Burgundy account.
Usually 3L net salary and TRV 30 L
IN TRV its mentioned...Fd,Demat holding worth 1 cr etc,life insurance.
Life insurance how does this fit in criteria ??does that depend upon the sum insured or cash value.(ex 1 cr sum insured )???
Experts plz revert back??

 

[xiddy]

Update: Account has been merged under my old customer ID. The older account still shows 2L maintenance but I guess it will go away after a while. Coming back to LTF Sapphiro, since this is a new account, and I meet the 1L+ PM salary requirement posted before, how do I apply for it? My RM can only waive the annual fees on Sapphiro, I will still have to pay the 6.5K joining fees. Not worth it, IMO.

 

[H2O]

Salary accounts are officially 0 MAB bro
Even imperia is 0mab if it's salary account 😂

That's not correct, i have salary account and yet they are not upgrading to Imperia.