IDFC Downgrade Email

[Vrushank]

Dear Customer



Thank you for being a valued customer of IDFC FIRST Wealth - Premium Banking Program.



We wish to inform you that your account(s) do not meet the FIRST Wealth program maintenance criteria. We request you to kindly fund your account within 30 days to avoid discontinuation of program benefits. Non-maintenance of program criteria will lead to account reclassification without any further communication.



Kindly Guide me i Have 2 Add On Accounts as Well.



Any Charges Applicable For Debit Card?



What Should I Do Now?



@vaibhav111 @SSV

 

[financewizard]

Dear Customer



Thank you for being a valued customer of IDFC FIRST Wealth - Premium Banking Program.



We wish to inform you that your account(s) do not meet the FIRST Wealth program maintenance criteria. We request you to kindly fund your account within 30 days to avoid discontinuation of program benefits. Non-maintenance of program criteria will lead to account reclassification without any further communication.



Kindly Guide me i Have 2 Add On Accounts as Well.



Any Charges Applicable For Debit Card?



What Should I Do Now?



@vaibhav111 @SSV

Speak with your RM. Usually they will be able to assist you. Alternative way - usually IDFC checks for AMB only at end of the month - once every quater. So just fund the account during the end of that month and withdraw it in start of next month.

 

[Vrushank]

What Happens if i Don't maintain? Any Downgrade Charges applicable?

 

[AlgoTrader]

same here, but i wont maintain, they can downgrade

 

[desiviru]

What Happens if i Don't maintain? Any Downgrade Charges applicable?

No downgrade charges applicable. The benefits of program will be withdrawn. DC will continue to work as they should but will provide benefit of normal account. Better bring it down to one like Select account by talking to RM.