Burgundy Private

[hirenspare]

Hi,

Eligibility criteria on the website says maintaining TRV of 5 Cr. I have read somewhere that they actually open Burgundy Private relationship with much lower TRV. Can anyone share their experience on how much TRV was expected.

Thanks..

 

[MilesMax]

Based on recent conversations with Axis, the eligibility criteria seems to be:

Burgundy:
- Monthly salary credit of 3L
- AQB - 10 Lacs

Burgundy Private:
- Salary credit of 5L or
- NRV 5cr (could be negotiated to 1cr as mentioned above)

Does the salary credit value change based on city tier?
I read somewhere in the forum that you can negotiate the salary credit also, say 2L for burgundy account. Have you heard anything about that?

 

[alphapiper]

Have heard the same as well. Better to check with your RM.

Does the salary credit value change based on city tier?
I read somewhere in the forum that you can negotiate the salary credit also, say 2L for burgundy account. Have you heard anything about that?

 

[stenian1000]

I had discussion with Axis Burgundy Private Advisor few months back in Bangalore and he mentioned there is no such criteria for account opening. You can open the account with 5L or 10L cheque but would need to maintain NRV ~1cr by mid-year or end of year else the account will be degraded. Again, this can vary advisor by advisor.

Hi, can you give me contact details of your Burgundy Private Advisor in Blore. My RM and BM are useless. Axis customer care is also of no use.

 

[drabhishekladdha]

Based on recent conversations with Axis, the eligibility criteria seems to be:

Burgundy:
- Monthly salary credit of 3L
- AQB - 10 Lacs

Burgundy Private:
- Salary credit of 5L or
- NRV 5cr (could be negotiated to 1cr as mentioned above)

Salary criteria of 5L ? Is it true ?
Any one having it based on salary only ?