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..

 

[Akashn]

Close it sir & direct apply after 6 months.

Why 6 months??? 🤔

 

[Bugs Bunny]

Bro they ask for ITR and my itr is not enough for infinia and current credit limit on millennia is 2.4 lac.

bro if you have 1cr lying in account koi itr matter nee krti mail draft kro imperia services pe and kamal dekho

 

[D₹V]

Why 6 months??? 🤔

Cooling period in HDFC sir

 

[Akashn]

Cooling period in HDFC sir

After closing card there is cooling period?? 😱

 

[D₹V]

After closing card there is cooling period?? 😱

I think so, others might confirm.

 

[4uziaul]

After closing card there is cooling period?? 😱

If you recently applied for a card, got it approved, and then closed it, there is a cooling-off period. However, if it's an old card that's more than 6 months old, you can safely apply again immediately after closing your last card.

 

[Akashn]

If you recently applied for a card, got it approved, and then closed it, there is a cooling-off period. However, if it's an old card that's more than 6 months old, you can safely apply again immediately after closing your last card.

Thank you 😀

 

[D₹V]

If you recently applied for a card, got it approved, and then closed it, there is a cooling-off period. However, if it's an old card that's more than 6 months old, you can safely apply again immediately after closing your last card.

Thanks for clarification ❤️.

 

[SSV]

If you recently applied for a card, got it approved, and then closed it, there is a cooling-off period. However, if it's an old card that's more than 6 months old, you can safely apply again immediately after closing your last card.

Guruji @4uziaul ka GYAN lesson:

 

[shrewdoc]

Bro they ask for ITR and my itr is not enough for infinia and current credit limit on millennia is 2.4 lac.

Doesn't matter dude. First try complaining to Imperia Banking CC if you have one.
If no satisfactory response from them (which would be rare), just ask your RM/BM for account closing forms and give a short warning that you're moving to some other bank. See the magic happening.

 

[jack333]

Bro they ask for ITR and my itr is not enough for infinia and current credit limit on millennia is 2.4 lac.

They can take approval for waiver of itr, existing card limit and last 6 month spending on existing card criterias

 

[jack333]

If you recently applied for a card, got it approved, and then closed it, there is a cooling-off period. However, if it's an old card that's more than 6 months old, you can safely apply again immediately after closing your last card.

There is no cooling down period for offline applications after card closure. Only 6m from last card application

 

[4uziaul]

There is no cooling down period for offline applications after card closure. Only 6m from last card application

Wohi toh maine bola 🤣

 

[Zacobite]

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..

all of them 🙂 however no guarantee of what they will do if u close the deposit

 

[h2v]

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.

Not for everyone I guess. I have DCB card with over 12L limit. Tried a lot to get an Infinia. Didn't work out. Have more than 1Cr ITR - did mention them my salary and ITR. That didn't help either. Maybe, I am pretty bad at negotiating. 😕

 

[varun__goel_]

Not for everyone I guess. I have DCB card with over 12L limit. Tried a lot to get an Infinia. Didn't work out. Have more than 1Cr ITR - did mention them my salary and ITR. That didn't help either. Maybe, I am pretty bad at negotiating. 😕

Tried sending docs to chennai?

 

[h2v]

Tried sending docs to chennai?

No. Talked to my RM and then escalated to escalation.cc@hdfcbank.com and grievance.redressalcc@hdfcbank.com.

 

[D₹V]

Not for everyone I guess. I have DCB card with over 12L limit. Tried a lot to get an Infinia. Didn't work out. Have more than 1Cr ITR - did mention them my salary and ITR. That didn't help either. Maybe, I am pretty bad at negotiating. 😕

@Jatin Mangla negotiation expert 😔.

 

[Bugs Bunny]

@Jatin Mangla negotiation expert 😔.

My gawwd broo I'm poor at negotiations tbh it's just getting the right people/channels at the right time but haan itna haii 1cr ki itr/sb haii to definately I'll eat up the bank. Maii to banko par ehsan krne lag jau apni nrv ka hi 😂

 

[D₹V]

Found it on HDFC Millennia Envelope 🙂.

My gawwd broo I'm poor at negotiations tbh it's just getting the right people/channels at the right time but haan itna haii 1cr ki itr/sb haii to definately I'll eat up the bank. Maii to banko par ehsan krne lag jau apni nrv ka hi 😂