Eligibility Criteria for ICICI Emeralde Private Metal - Discussion

[Prem03]

I’m eligible as self employed by ITR, yet my home branch is not ready to take my application saying that I do not meet their requirements lol. ITR > 50L.

My new home loan from ICICI just got disbursed for 2 Cr, I’ve emailed them that if they do not apply EPM for me - I’ll be happy to transfer my loan to another institution. They’ve raised an escalation and sent an email to my home branch. Let’s see how this goes

I meet the salary criteria but Sales Manager is saying I am not getting approvals because PPOP is zero.

I asked him why it is zero when I have home loans going on but he told it is not counted in PPOP. The simple solution he said is to create a 50 lakh FD and he can get the approval easily. I said, get lost

 

[kvndsz512]

Bhai ne har angle se bajayi hai ICICI ki

daba kar rakha hu xD ek bar toh closure ka scene aa gaya toh zonal head sab aaye the Ghar 😂

 

[BVCBVC is verified member.]

I meet the salary criteria but Sales Manager is saying I am not getting approvals because PPOP is zero.

I asked him why it is zero when I have home loans going on but he told it is not counted in PPOP. The simple solution he said is to create a 50 lakh FD and he can get the approval easily. I said, get lost

Home loan will be considered for PPOP as per my RM. He wants to complete his FD targets with this deal. Escalate to BM, if you’re eligible.

 

[Nishan11]

I meet the salary criteria but Sales Manager is saying I am not getting approvals because PPOP is zero.

I asked him why it is zero when I have home loans going on but he told it is not counted in PPOP. The simple solution he said is to create a 50 lakh FD and he can get the approval easily. I said, get lost

It's true though, loan is not counted for PPOP.

They mostly ask for big FDs or saving balance in wealth/private account.

 

[BVCBVC is verified member.]

It's true though, loan is not counted for PPOP.

But my RM had different answer. Is that true?

 

[Nishan11]

But my RM had different answer. Is that true?

It's what my RM told. Different RM says Different thing. So can't be fully sure.

 

[rudr_26]

If anyone has salary account with 3L credit per month, EPM could be offered as per some representative. No FD or non sense needed.

 

[techstrom007]

If anyone has salary account with 3L credit per month, EPM could be offered as per some representative. No FD or non sense needed.

cc representative ? And salary credit in any bank or ICICI ?

 

[Ayushsingh_2001]

cc representative ? And salary credit in any bank or ICICI ?

I got it have salary account with hdfc and didn’t fulfill ppop criteria . Everything depends on rm/bm and there effort

 

[Hackmebro]

I complaint to ICICI PNO stating I was promised upgrade to Emeralde metal by home loan dept post disbursement and now they are not responding, they’ve escalated the matter. If they do not respond, will escalate till RBI. Let’s see.

 

[Bodhi]

I complaint to ICICI PNO stating I was promised upgrade to Emeralde metal by home loan dept post disbursement and now they are not responding, they’ve escalated the matter. If they do not respond, will escalate till RBI. Let’s see.

Do you have anything in writing or voice recording?

 

[rudr_26]

cc representative ? And salary credit in any bank or ICICI ?

Other Salary account may work as other member said. Contact RM.

 

[Hackmebro]

Do you have anything in writing or voice recording?

WhatsApp chats and acknowledgment.

 

[PrinceHeart]

I complaint to ICICI PNO stating I was promised upgrade to Emeralde metal by home loan dept post disbursement and now they are not responding, they’ve escalated the matter. If they do not respond, will escalate till RBI. Let’s see.

 

[makman]

update : got my epm in within a week started showing in netbanking yesterday night itself

the process was very seamless

the rm just took approvals (3 days for approvals) then raised an sr for upgrading my old emerald cc and had just asked from my existing emerald cc no (3 days for upgrading)

no otp
no docs
he even didnt log it in the system or anything
no application number too

smoothest every cc process for me till date

so tbh even if u have decent trv of say 50L to 1cr u can get it no need of itr or salary requirement..

@1RC one more additional to my icici cc collection xD soon sapphiro rupay incoming xD from rubyx to epm would be having all cards and all variants 😂

Can the SR be raised for upgrading Sapphiro to EPM post the approvals in place? Or does it have to be emeralde?

 

[theXfactor]

Can the SR be raised for upgrading Sapphiro to EPM post the approvals in place? Or does it have to be emeralde?

It doesn't have to be from Emeralde series. Just that someone from the bank like RM needs to initiate EPM application.

 

[Nishan11]

Can the SR be raised for upgrading Sapphiro to EPM post the approvals in place? Or does it have to be emeralde?

They can request for upgrade on sapphiro or any other icici credit card having good credit limit. Having Emeralde PVC definitely has some slight advantage.

RM needs to send memo for card upgrade approval to EPM after taking your existing card details. Then it all depends on customer profile/relationship with bank & efficiency of RM/BM.