My ICICI Emeralde Private Metal Card EPM Journey — Approved with < 2L net salary!

[vchouksey80]

How did you find corporate RM? My company also has tie up with icici, and our company is A grade for them.

My RM decline EPM request after collecting all documents, my in hand salary is 2LPM, and have 15% annual bonus and have NPS deduction, still it's not enough for them

 

[Dazzwilliams]

folks, sort your taxes ASAP!

But how ?

 

[Virtual King]

How is a trading ac different from demat?

Essential Difference
Demat Account - An account where all shares, bonds, futures and options (F&O), exchange-traded funds (ETFs), mutual funds, etc are stored in electronic format (i.e. De-materialised (and hence the name Demat) form).

Trading Account - An account to buy and sell shares and carry out transactions. It acts as an interface between your bank account and demat account. Trading accounts work alongside Demat accounts i.e. the shares etc that you buy on a trading account are stored in your demat account.

Sources - here and here.

Hope this helps. 🙂

 

[astrogod91]

That's fantastic news. I have been trying to get the card, but no luck, my CTC(fixed +variable) is 54 lakhs INR, in hand 2.75 lakhs INR monthly. Approached the relationship manager (is corporate RM different)? Told me that credit team wanted me to create existing account to wealth account with maintaining balance of 10 lakhs INR. I have 3 in1 salary-demat account with icici as well.

 

[navdeep22]

That's fantastic news. I have been trying to get the card, but no luck, my CTC(fixed +variable) is 54 lakhs INR, in hand 2.75 lakhs INR monthly. Approached the relationship manager (is corporate RM different)? Told me that credit team wanted me to create existing account to wealth account with maintaining balance of 10 lakhs INR. I have 3 in1 salary-demat account with icici as well.

what was your last years ITR with salary only?

 

[AvinashInfEme]

That's fantastic news. I have been trying to get the card, but no luck, my CTC(fixed +variable) is 54 lakhs INR, in hand 2.75 lakhs INR monthly. Approached the relationship manager (is corporate RM different)? Told me that credit team wanted me to create existing account to wealth account with maintaining balance of 10 lakhs INR. I have 3 in1 salary-demat account with icici as well.

I have a similar problem. Lower CTC, but in hand around 2.5. Even corporate RM is denying the card, saying that I don't meet the criteria

The funny part is, I actually GOT the card last year but didn't activate it. I had asked for it as an upgrade from emeralde plastic, but on receiving the card, I was told that I would have to pay the full fees and not just the difference. So I didn't activate the card. More fool me.

Now I'm running behind the RMs with no end in sight. Sighh