Indus Grandé Savings Account - Discussion

[tryabp]

Official Link: https://www.indusind.com/in/en/personal/accounts/saving-account/indus-grande.html
Brochure & SOB Attached

Key Features:
- Free Locker
- Free Pinnacle Credit Card
- Free Signature Debit Card*
- Free Grande Debit Card
- Paid Pioneer Debit Card

Additional Benefits:
- Family Banking to 8 add-on accounts
- Special Interest rates on loan
- Dedicated RM & SM
- Bookmyshow 1+1 Offer for 1000Rs (Only Card that gives 1000Rs discount on non-movie tickets)


Surrogate Option:
- Average Balance 5 lac
OR
- Life insurance 2 lac
- General Insurance 50k
- Salary 2.5 lac
- Personal Loan 15 lac
- Home Loan 1.5 cr


Please add your inputs, i will update this thread accordingly.
BM convinced me to upgrade to this account instead of Exclusive, so have opened this account yesterday. I will post unboxing and welcome kit photos once i receive it.
Update: Attached Welcome Kit Photos. Nothing fancy. Just normal plastic debit card along with some documentation received.
Update: Customer Care has denied Free Signature Debit Card. I will still try from BM / RM. Hence i am opening Exclusive Accounts for family members and after getting Signature DC i will link them to Grande and then apply for PInnacle CC.

Tip : If you have higher variant account like Pioneer /Grande then you wont get Signature DC for free! For that you have to open/upgrade to signature account first >> Get free Signature DC / Exclusive World DC >> Upgrade a/c to Grande >> Get free Grande DC / Free Pinnacle CC >> Upgrade to Pioneer >> Get free Pioneer DC. And finally you will have all DC for free.

UPDATE:
1. If you are existing CC holder of Indus then you need to have floor limit for Pinnacle as it will be applied in split limit. (3 lac before split)
2. If you have 2 Indus CC then it becomes more complicated as 3rd can be applied in offline mode only on split limit basis and there is no option to get Pinnacle free in offline application.
3. Workaround is to apply for any free card in split limit basis offline through agent / branch and then upgrade it online using Grande Scheme Code to Pinnacle.

 

[Souvik]

Everyone is in SALES!

Thats exactly right, I have done an internship back in 2007 in one of India's leading banks and I noticed it back then and the situation has detoriated even further now. Branch banking is mostly a sales channel/outlet, more so in private banks, in government banks they are anyways not interested to work even. Operations guys in banks have sales targets, and most of the incentives are on selling products which are not profitable for customers, but for banks/insurance companies. People still believe bankers and hence get trapped.

I am almost sure these Young bankers program, Bank PO exams are effectively a sophisticated way to train and make good salesmen out of candidates.

 

[MusicalMind]

Thats exactly right, I have done an internship back in 2007 in one of India's leading banks and I noticed it back then and the situation has detoriated even further now. Branch banking is mostly a sales channel/outlet, more so in private banks, in government banks they are anyways not interested to work even. Operations guys in banks have sales targets, and most of the incentives are on selling products which are not profitable for customers, but for banks/insurance companies. People still believe bankers and hence get trapped.

I am almost sure these Young bankers program, Bank PO exams are effectively a sophisticated way to train and make good salesmen out of candidates.

Yeah, situation is very much deteriorated now for a brief time I worked at Axis bank they won't give promotion for doing operations or helping customers only way to get promotion is to complete sales target or get fired everyday I need to sit till 11 pm at branch also have work on Sundays too

 

[Enthusiast]

Indus Exclusive with Pinnacle as Surrogate is best account in Indusind. But if you have option to go for Grande then it offers more perks than Exclusive.

Pioneer is 10 lac funding account.

Salary account with Indus Exclusive, Which one to try for LTF? Pinnacle or any other card from super premium category

 

[tryabp]

Salary account with Indus Exclusive, Which one to try for LTF? Pinnacle or any other card from super premium category

Pinnacle or Indulge.

 

[simplegarv]

Official Link: https://www.indusind.com/in/en/personal/accounts/saving-account/indus-grande.html
Brochure & SOB Attached

Key Features:
- Free Locker
- Free Pinnacle Credit Card
- Free Signature Debit Card*
- Free Grande Debit Card
- Paid Pioneer Debit Card

Additional Benefits:
- Family Banking to 8 add-on accounts
- Special Interest rates on loan
- Dedicated RM & SM
- Bookmyshow 1+1 Offer for 1000Rs (Only Card that gives 1000Rs discount on non-movie tickets)


Surrogate Option:
- Average Balance 5 lac
OR
- Life insurance 2 lac
- General Insurance 50k
- Salary 2.5 lac
- Personal Loan 15 lac
- Home Loan 1.5 cr


Please add your inputs, i will update this thread accordingly.
BM convinced me to upgrade to this account instead of Exclusive, so have opened this account yesterday. I will post unboxing and welcome kit photos once i receive it.
Update: Attached Welcome Kit Photos. Nothing fancy. Just normal plastic debit card along with some documentation received.
Update: Customer Care has denied Free Signature Debit Card. I will still try from BM / RM. Hence i am opening Exclusive Accounts for family members and after getting Signature DC i will link them to Grande and then apply for PInnacle CC.

Tip : If you have higher variant account like Pioneer /Grande then you wont get Signature DC for free! For that you have to open/upgrade to signature account first >> Get free Signature DC / Exclusive World DC >> Upgrade a/c to Grande >> Get free Grande DC / Free Pinnacle CC >> Upgrade to Pioneer >> Get free Pioneer DC. And finally you will have all DC for free.

It's the worst account of IndusInd Bank... as many branches don't get bonus for opening exclusive account & pioneer account... so, they launched IndusInd Grande for those branches.

 

[tryabp]

Thats exactly right, I have done an internship back in 2007 in one of India's leading banks and I noticed it back then and the situation has detoriated even further now. Branch banking is mostly a sales channel/outlet, more so in private banks, in government banks they are anyways not interested to work even. Operations guys in banks have sales targets, and most of the incentives are on selling products which are not profitable for customers, but for banks/insurance companies. People still believe bankers and hence get trapped.

I am almost sure these Young bankers program, Bank PO exams are effectively a sophisticated way to train and make good salesmen out of candidates.

True!

 

[simplegarv]

Salary account with Indus Exclusive, Which one to try for LTF? Pinnacle or any other card from super premium category

Get Pinnacle or Indulge for making the account LTF.

 

[Souvik]

Yeah, situation is very much deteriorated now for a brief time I worked at Axis bank they won't give promotion for doing operations or helping customers only way to get promotion is to complete sales target or get fired everyday I need to sit till 11 pm at branch also have work on Sundays too

Sad to hear that buddy, it has become too sales centric nowadays. And I do not see this improving anytime soon, rather it would be more gross over time. Today I saw a tweet from Raghuram Rajan and he spoke about resignation from a SBI employee who cited bad behavior from seniors and impractical stress as reasons to leave SBI. Profit seeking has reached abysmal levels, the fact is everyone from top till bottom of the hierarchy know it and are silently still a part of it for their paycheck.

 

[Enthusiast]

Pinnacle or Indulge.

RM saying only pinnacle is possible for LTF, not Indulge...

 

[tryabp]

RM saying only pinnacle is possible for LTF, not Indulge...

Go for Pinnacle LTF, you will have Exclusive account. Indulge you can anyway get later. And in future if you are paying then go for Pionner Metal Heritage than indulge.

 

[D7162]

Indus Exclusive with Pinnacle as Surrogate is best account in Indusind. But if you have option to go for Grande then it offers more perks than Exclusive.

Pioneer is 10 lac funding account.

What more perks ?

 

[tryabp]

What more perks ?

Grande debit card gives 1000Rs BMS offer on non movie tickets.
Free Pinnacle Card (if eligible)

 

[Aquarius]

Does they give pinnacle credit card with pioneer account

 

[Tejo]

Does they give pinnacle credit card with pioneer account

Yes if you satisfy income eligibility.

 

[tryabp]

Does they give pinnacle credit card with pioneer account

Only if u r eligible. C2C is 1.5 lac, ITR 12 lac, or pre approved as per cibil.

 

[CARDBITRAGE]

Only if u r eligible. C2C is 1.5 lac, ITR 12 lac, or pre approved as per cibil.

I think it's 2L for c2c and 1.5L for card upgrade.

 

[Aquarius]

I think it's 2L for c2c and 1.5L for card upgrade.

Its better to apply c2c

 

[tryabp]

I think it's 2L for c2c and 1.5L for card upgrade.

yes officially its 2 lac but my agent told me that he can take approval for 1.5 lac as well.

 

[sxchzy]

yes officially its 2 lac but my agent told me that he can take approval for 1.5 lac as well.

vistara and indulge are also given as a surrogate?

 

[tryabp]

vistara and indulge are also given as a surrogate?

Indulge & Pinnacle Credit Card only