Which bank will give super premium card on LTF on 1.5cr initial deposit

[ankitfintech]

Hi I want to know which bank will offer their super premium credit card as LTF on deposit of 1.5cr for 6 months. Since I get the card as LTF, I should not worry about keeping the amount permanently.. Axis burgundy private as FYF? ICICI Emeralde LTF? Axis reserve as LTF? Others?

Background - I have sold shares of my company in Nasdaq and I have received approx 1.5cr amount which is currently parked as cash in US brokerage account. I can park this money in Indian Bank for around 6 months after which I need to use the same amount for purchasing residential property or deposit the money in CAGS bank account for avoiding taxes..

 

[D₹V]

HDFC for sure . One guy got INFINIA direct with 1 CR ITR even. So you're eligible for sure because you're giving them business.

But not LTF.

 

[Bugs Bunny]

Take Infinia ltf from hdfc bank, surely they'd get you.

 

[Rahul Gupta]

HDFC for sure . One guy got INFINIA direct with 1 CR ITR even. So you're eligible for sure because you're giving them business.

But not LTF.

Bro my nrv is above 1 cr with hdfc and i am stuck with millennia that too paid.

 

[jack333]

Bro my nrv is above 1 cr with hdfc and i am stuck with millennia that too paid.

Kya karte ho bhai. Kal hi BM ko milo bolo ya to LTF infinia kara de nahi to closure form de de

 

[D₹V]

Bro my nrv is above 1 cr with hdfc and i am stuck with millennia that too paid.

Close it sir & direct apply after 6 months.

 

[D₹V]

Kya karte ho bhai. Kal hi BM ko milo bolo ya to LTF infinia kara de nahi to closure form de de

+1

 

[TheTrickySid]

HDFC for sure . One guy got INFINIA direct with 1 CR ITR even. So you're eligible for sure because you're giving them business.

But not LTF.

I guess there is difference between ITR and initial funding

 

[Rahul Gupta]

Kya karte ho bhai. Kal hi BM ko milo bolo ya to LTF infinia kara de nahi to closure form de de

He dont care bro. Fsmily banking ke liye bhi January m request kara tha abhi complete hua. Btw mera business h.

 

[TheTrickySid]

Bro my nrv is above 1 cr with hdfc and i am stuck with millennia that too paid.

Put you RM and BM to work

 

[Rahul Gupta]

Put you RM and BM to work

They are useless.

 

[D₹V]

I guess there is difference between ITR and initial funding

Yes, but he said he'll maintain 1.5 cr around 6 months, which will lead to pre approved Infinia even.

Also, he might have ITR above 1 cr maybe , he can also apply directly, bank might issue LTF if getting business.

 

[D₹V]

He dont care bro. Fsmily banking ke liye bhi January m request kara tha abhi complete hua. Btw mera business h.

Complain on Twitter bro, BM daura daura aaega.

Or complaint to regional head.

 

[TheTrickySid]

They are useless.

Don't give them business.
Else you can raise a complaint or send an email to priority support expressing bad experience with your RM and BM and quote that you are thinking to close your relationship due to this horrible service.

 

[jack333]

He dont care bro. Fsmily banking ke liye bhi January m request kara tha abhi complete hua. Btw mera business h.

Are close karne ko thodi bol raha hoon. Bas BM se form mangna hai. Or open a new imperia account of someone else in family and pre negotiate for LTF infinia

 

[SSV]

Hi I want to know which bank will offer their super premium credit card as LTF on deposit of 1.5cr for 6 months. Since I get the card as LTF, I should not worry about keeping the amount permanently.. Axis burgundy private as FYF? ICICI Emeralde LTF? Axis reserve as LTF? Others?

Background - I have sold shares of my company in Nasdaq and I have received approx 1.5cr amount which is currently parked as cash in US brokerage account. I can park this money in Indian Bank for around 6 months after which I need to use the same amount for purchasing residential property or deposit the money in CAGS bank account for avoiding taxes..

To start with,
You can keep 1 cr with ICICI just for a week or until your Emeralde LTF is granted , that could be 1 or 2 days..

 

[ankitfintech]

Yes, but he said he'll maintain 1.5 cr around 6 months, which will lead to pre approved Infinia even.

Also, he might have ITR above 1 cr maybe , he can also apply directly, bank might issue LTF if getting business.

I have ITR OF 1CR -1.25Cr primarily due to shares offered by my company for the last 4 years with 60% coming from shares.. But ITR doesn't help in procuring premium cards as LTF as banks are primarily interested in their business. Salary in hand and initial deposit brings them business whereas ITR doesn't.

 

[D₹V]

I have ITR OF 1CR -1.25Cr primarily due to shares offered by my company for the last 4 years with 60% coming from shares.. But ITR doesn't help in procuring premium cards as LTF as banks are primarily interested in their business. Salary and initial deposit brings them business whereas ITR doesn't.

True.

But even if annual fees is charged by Infinia, they give RP equal to fees on renewal too.

So good deal to take . Only loss is GST.

 

[Bugs Bunny]

Bro my nrv is above 1 cr with hdfc and i am stuck with millennia that too paid.

My goodness tum log kaise seh lete ho bhaii ye sab? Mera 1cr nrv ho maii literally aise smjhu ki bank meraa apna haii and hdfc haii agar to infinia+dcb+millenia+tata neu infinity teeno card ltf lu mai and this is not at all exxageratation maine isse bahut kam NRV me apne kaam krvaye hai

 

[Bugs Bunny]

He dont care bro. Fsmily banking ke liye bhi January m request kara tha abhi complete hua. Btw mera business h.

Care cure to apne aap krlega bhaii jab account closure ki mail imperia banking me daali apne aap sab care hojegi within seconds. Banl won't loose a customer with 1cr nrv for sure