Hey everyone! Just wanted to share my experience which might help others who have a similar profile.
Background:
My in-hand (net) salary is less than ₹2 lakhs per month. Because of this, none of the ICICI agents or bank officers were interested in processing my request for the ICICI Emeralde Private Metal card.
I really wanted this card, as my CTC is close to ₹50 lakhs, but since my net salary was lower (due to deductions), they kept declining.
The workaround:
I decided to approach my corporate Relationship Manager (RM) directly. I reached out to the corporate head, explained my CTC and showed them all my deductions (superannuation, NPS, shares, etc.).
They initially said they’d check and needed time. After a few follow-ups, they agreed — but on one condition:
Open a Salary + Demat 3-in-1 account with ICICI.
I agreed immediately.
Documents & Application Process:
When the application was logged, it showed a limit of ₹25 lakhs, which surprised me.
However, the application did not move forward for 3–4 days because the credit team was not happy with my low net salary.
My corporate RM stepped in, discussed with the regional head, and finally convinced the credit team to approve it.
Final outcome:
Key takeaway:
All thanks to my corporate RM, who pushed it internally. If you have a high CTC but lower net salary due to deductions, try going through the corporate channel rather than regular sales agents.
Happy to answer any questions! Let me know if you want more details on the documents or steps.
Background:
My in-hand (net) salary is less than ₹2 lakhs per month. Because of this, none of the ICICI agents or bank officers were interested in processing my request for the ICICI Emeralde Private Metal card.
I really wanted this card, as my CTC is close to ₹50 lakhs, but since my net salary was lower (due to deductions), they kept declining.
The workaround:
I decided to approach my corporate Relationship Manager (RM) directly. I reached out to the corporate head, explained my CTC and showed them all my deductions (superannuation, NPS, shares, etc.).
They initially said they’d check and needed time. After a few follow-ups, they agreed — but on one condition:
Open a Salary + Demat 3-in-1 account with ICICI.
I agreed immediately.
Documents & Application Process:
- Opened the new account.
- After 2 days, they asked for my CTC letter and deduction proofs for approval.
- They took OTPs (for the card application and Aadhaar e-KYC).
- Application was logged and I got SMS + email confirmation.
- I could track it on this ICICI tracking link — it initially showed “Application login in progress”.
When the application was logged, it showed a limit of ₹25 lakhs, which surprised me.
However, the application did not move forward for 3–4 days because the credit team was not happy with my low net salary.
My corporate RM stepped in, discussed with the regional head, and finally convinced the credit team to approve it.
Final outcome:
- Status changed to “In sanction stage”.
- Underwriting processed the card and finalized with a ₹12 lakh limit (instead of ₹25 lakh initially shown).
- Card was finally approved, despite my low net salary.
Key takeaway:
All thanks to my corporate RM, who pushed it internally. If you have a high CTC but lower net salary due to deductions, try going through the corporate channel rather than regular sales agents.
Happy to answer any questions! Let me know if you want more details on the documents or steps.
