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Yes First Savings Account with 5L Initial Funding

muralimr

TF Buzz
VIP Lounge
Dear Members

I was offered Yes First Savings account with Initial Funding of 5Lakhs. Please suggest is it worth to apply Yes First account?

I was told that this is 0AMB account and no downgrade happens if there are no funds in account. I have ICICI Wealth and HDFC Imperia accounts.

Thanks
 

Vasuki

TF Pioneer
Contributor
RML Group
VIP Lounge
Dear Members

I was offered Yes First Savings account with Initial Funding of 5Lakhs. Please suggest is it worth to apply Yes First account?

I was told that this is 0AMB account and no downgrade happens if there are no funds in account. I have ICICI Wealth and HDFC Imperia accounts.

Thanks
Any update .
 

Vasuki

TF Pioneer
Contributor
RML Group
VIP Lounge
I had opened with promise of zero AMB wih 5lakh initial funding but there is nothing in writing

After two months i got calls from Mumbai office asking me to maintain 8lakh MAB..

Local branch people says ignore those calls

I donot recommend opening SB without written 0 zero AMB from Yes bank
Hehe
Zero amb meaning - no non maintenance charges
So keeping keeping zero amb doesn't do harm

Ofcourse any hni account will have to be maintained & branch PPL are in many bank responsible for hni program not customer care.


Thanks for insights..
Any benefits you got because of it!
 
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