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Axis burgundy savings AQB question

iamraghav

TF Neo
So an employee of axis is bugging my dad to get axis Burgundy savings. My dad asked her to make one in my name. We own a business, and need a lot of cash to run it, I can arrange 5 lakhs for a day but maintaining 10 lakhs in my bank account everyday is not possible, because i can use that money to fund day to day operation of my business. Now she is asking that because we live in sub urban area, i can get that burgundy savings by depositing just 5 lakhs and keeping that in for a couple of days ONCE IN A YEAR. I am suspecting a scam or a deliberate need to just fulfill some goals on her part. Now my questions are should I take this offer? If i open an account and it gets downgraded what are charges i will face. Also, is this a scam?
 
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