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.

 

[drvenkat]

I m not maintaining balance, using surrogate. But still i will negotiate with BM.

which surrogate are u using.can it bany credit card?

 

[Tejo]

@S S V @tryabp @CardGame : Need help!

So, last month I opened up a Grande Savings account, and today I asked the Branch Manager to downgrade it to Exclusive. That guy is super insistent on keeping the Grande account for at least one quarter, stating he won't get approval from higher authorities before that for the downgrade. I asked him to provide it in writing, but he said to trust his words and our relationship. Grande isn't very beneficial, and it's not about the funds but there's no point in maintaining a 5L MAB unnecessarily. (I was also falsely told by the Branch Manager that if I open up a Grande account and then downgrade to Exclusive, my debit card will still stay as Grande LTF, allowing me to enjoy Grande debit card benefits, which is a loophole in their system.<-- I got carried away by this & opened up this account ). After some pushing from my end, he said he will check and let me know further. Do you suggest I write to the nodal officer about this?

Indus nodal officer do nothing ....

As you just opened ac with initial fund and without completing a quarter .... you asked for downgrade.

 

[RakeshNH.kaviyaih]

sabko milta hai pinnacle credit card?

Yeah .annual income must be 12 lakhs

 

[phoenix1386]

I have been a longstanding IndusInd Select Savings account holder. I went at this rather inversely. I applied for Legend credit card two months ago and got it in about a week. Then, over call for something two days after receiving it, I discovered I was being offered Pinnacle upgrade at 15k fees with 12k return as Amazon voucher, so I took it. Also, upgraded my Select Savings to Exclusive.

Now, the thing is, my spends may exceed 50k in 3 months. Is it remotely possible to email them and ask for waiver of that 3k fee balance? 😂

Update: They continually refused giving Amazon Voucher for two months. I proceeded to finally plant their behinds on the ombudsman's stick and 3 days later, 15k + 2700 was reversed. So, card upgrade became essentially free.

As that Munnabhai song went, "bamboo mein hai dum, Vande Mataram!"

 

[codenerd]

Okay, let’s try via my agent who helped me to get my LTF pinnacle on split basis..
Today I got my true LTF Pinnacle
DM me..

DMed you for the same!

 

[sanarora]

can a 2.5L salary credit be a citeria for not maintaining 5L balance & get a grande account..?

 

[Vasuki]

can a 2.5L salary credit be a citeria for not maintaining 5L balance & get a grande account..?

Go with pioneer
Talk to bm

 

[sanarora]

Go with pioneer
Talk to bm

as in try to get pioneer in 2.5-3L salary credit..?

 

[Vasuki]

as in try to get pioneer in 2.5-3L salary credit..?

Yes open with 10 lakh IP

They are not downgrading Pioneer as of now as my rm told me.

So have a word with a branch

 

[sanarora]

Yes open with 10 lakh IP

They are not downgrading Pioneer as of now as my rm told me.

So have a word with a branch

i already have an exclusive account with 1L balance requirement so ur suggesting i keep 10L upgrade to pioneer & then later on just have salary credit but not maintain 10 Balance & that should be fine..?

 

[Vasuki]

i already have an exclusive account with 1L balance requirement so ur suggesting i keep 10L upgrade to pioneer & then later on just have salary credit but not maintain 10 Balance & that should be fine..?

Y es
Talk to bm if rm is not knowledgeable just take it in email that they won't downgrade

Talk to them
They will be happy to onboard you


If you already have exclusive
Go for icici wm or axis burgundy salary account

 

[sanarora]

Y es
Talk to bm if rm is not knowledgeable just take it in email that they won't downgrade

Talk to them
They will be happy to onboard you


If you already have exclusive
Go for icici wm or axis burgundy salary account

thanks soo much for the idea ill try to have a word with them..! i have a axis burgundy account already & dont want to open another fresh thing with icici..

 

[sanarora]

Y es
Talk to bm if rm is not knowledgeable just take it in email that they won't downgrade

Talk to them
They will be happy to onboard you


If you already have exclusive
Go for icici wm or axis burgundy salary account

currently my salary comes in hdfc & they have offred me zero upgrades in limt enhancement also inspite of being imperia customer & every month salary credit since 5 years.. ( maybe because i have regalia & tata neu , some say if u have a cobranded hdfc card the algorithm dosent offer u any upgrades)

 

[Vasuki]

currently my salary comes in hdfc & they have offred me zero upgrades in limt enhancement also inspite of being imperia customer & every month salary credit since 5 years.. ( maybe because i have regalia & tata neu , some say if u have a cobranded hdfc card the algorithm dosent offer u any upgrades)

Hdfc isn't worth salary account

 

[sanarora]

Hdfc isn't worth salary account

I 100% agree..!

 

[SonyTom]

thanks soo much for the idea ill try to have a word with them..! i have a axis burgundy account already & dont want to open another fresh thing with icici..

There is so much negativity around axis burgundy these days. How has been your experience?

 

[sanarora]

There is so much negativity around axis burgundy these days. How has been your experience?

So overall customer service wise its been a good experience, but recently the rapidly changing cc benifits have earned it a bad name, the banking services are solid. Axis Burgundy private & HSBC premier both i have had very good banking service experience.

 

[SonyTom]

So overall customer service wise its been a good experience, but recently the rapidly changing cc benifits have earned it a bad name, the banking services are solid. Axis Burgundy private & HSBC premier both i have had very good banking service experience.

Thanks bro. Since this is OT, not continuing the conversation here.