IDFC First Wealth Account eligibility requirement and benefits

[Quantum]

Hello,

IDFC website doesn't seem to list the eligibility criteria for opening an IDFC First Wealth Account.
From your recent first hand experience, could you please share the eligibility criteria?
Does the criteria need to be maintained throughout the lifetime of the Wealth account, similar to Axis Burgundy account, to avoid account downgrade?
Also, what credit cards one can expect or negotiate to get offered?
FYI, I'm not an existing IDFC customer.
Thanks!

 

[Chitra007]

Your location ??

location is Delhi

 

[jetesh]

location is Delhi

Ok, Share your number in DM, i will ask my RM to call you tomorrow.

 

[Survivor35]

Ok, Share your number in DM, i will ask my RM to call you tomorrow.

Would you be able to open WM account in Hyd.

 

[jetesh]

Would you be able to open WM account in Hyd.

Lets try, share your number and nearest branch details in DM.

 

[badrisrinivas9]

Lets try, share your number and nearest branch details in DM.

Were you able to achieve this in hyd? I want to open new account

 

[TheGuy]

location is Delhi

I deposited 10L in my bank account last week and requested for a Wealth program at the branch with a bank employee. He sent me a link to approve for privilege banking and replied that just wait till next week and your existing account will be upgraded to wealth. It's been a week and till now my bank account has not been upgraded to wealth and also that bank employee is not picking his phone. Should I wait for few more days?

Any Update?
I called my local branch guy, he agreed but then hasn't responded to last text. Will call him today.

 

[Chitra007]

Any Update?
I called my local branch guy, he agreed but then hasn't responded to last text. Will call him today.

No update.
I visited branch and escalated the matter, they raised a ticket to upgrade my account but there is no update on ticket from last three days.

 

[Rajat94]

Got my IDFC regular saving account converted to Wealth account in LESS THAN 24 HRS!

I have been maintaining 25k AMB in my account.
Yesterday I called my VRM and told her that I would like to convert my acc to wealth. She asked me to fund my acc with 10L and then she will take the request.
I did fund transfer over the call itself and then she took my consent for upgradation.
Today I have already received Wealth onboarding mail from IDFC.