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

 

[Kabir_1112]

I have an emeralde plastic and I was approached by icici agent for upgrade. But now he has done a new credit card application instead of the upgrade of my current emeralde card and my emeralde private metal is approved. Should I proceed with it as a new application and close my current plastic emeralde card? Or continue using emeralde plastic and reject new application.

 

[CC_Exuberant]

I have an emeralde plastic and I was approached by icici agent for upgrade. But now he has done a new credit card application instead of the upgrade of my current emeralde card and my emeralde private metal is approved. Should I proceed with it as a new application and close my current plastic emeralde card? Or continue using emeralde plastic and reject new application.

If it’s approved then get the card first and then close the plastic one.

 

[one2ka4]

Hey everyone! Just wanted to share my experience which might help others who have a similar profile.
Background:

My in-hand (net) salary is less than ₹2 lakhs per month. Because of this, none of the ICICI agents or bank officers were interested in processing my request for the ICICI Emeralde Private Metal card.

I really wanted this card, as my CTC is close to ₹50 lakhs, but since my net salary was lower (due to deductions), they kept declining.


The workaround:

I decided to approach my corporate Relationship Manager (RM) directly. I reached out to the corporate head, explained my CTC and showed them all my deductions (superannuation, NPS, shares, etc.).


They initially said they’d check and needed time. After a few follow-ups, they agreed — but on one condition:
Open a Salary + Demat 3-in-1 account with ICICI.

I agreed immediately.

Documents & Application Process:

• Opened the new account.
• After 2 days, they asked for my CTC letter and deduction proofs for approval.
• They took OTPs (for the card application and Aadhaar e-KYC).
• Application was logged and I got SMS + email confirmation.
• I could track it on this ICICI tracking link — it initially showed “Application login in progress”.

Surprise & hurdles:

When the application was logged, it showed a limit of ₹25 lakhs, which surprised me.

However, the application did not move forward for 3–4 days because the credit team was not happy with my low net salary.

My corporate RM stepped in, discussed with the regional head, and finally convinced the credit team to approve it.

Final outcome:

• Status changed to “In sanction stage”.
• Underwriting processed the card and finalized with a ₹12 lakh limit (instead of ₹25 lakh initially shown).
• Card was finally approved, despite my low net salary.

Key takeaway:

All thanks to my corporate RM, who pushed it internally. If you have a high CTC but lower net salary due to deductions, try going through the corporate channel rather than regular sales agents.


Happy to answer any questions! Let me know if you want more details on the documents or steps.

Hey man. How much time did it take in each stage?

 

[soodlic]

Hey everyone! Just wanted to share my experience which might help others who have a similar profile.
Background:

My in-hand (net) salary is less than ₹2 lakhs per month. Because of this, none of the ICICI agents or bank officers were interested in processing my request for the ICICI Emeralde Private Metal card.

I really wanted this card, as my CTC is close to ₹50 lakhs, but since my net salary was lower (due to deductions), they kept declining.


The workaround:

I decided to approach my corporate Relationship Manager (RM) directly. I reached out to the corporate head, explained my CTC and showed them all my deductions (superannuation, NPS, shares, etc.).


They initially said they’d check and needed time. After a few follow-ups, they agreed — but on one condition:
Open a Salary + Demat 3-in-1 account with ICICI.

I agreed immediately.

Documents & Application Process:

• Opened the new account.
• After 2 days, they asked for my CTC letter and deduction proofs for approval.
• They took OTPs (for the card application and Aadhaar e-KYC).
• Application was logged and I got SMS + email confirmation.
• I could track it on this ICICI tracking link — it initially showed “Application login in progress”.

Surprise & hurdles:

When the application was logged, it showed a limit of ₹25 lakhs, which surprised me.

However, the application did not move forward for 3–4 days because the credit team was not happy with my low net salary.

My corporate RM stepped in, discussed with the regional head, and finally convinced the credit team to approve it.

Final outcome:

• Status changed to “In sanction stage”.
• Underwriting processed the card and finalized with a ₹12 lakh limit (instead of ₹25 lakh initially shown).
• Card was finally approved, despite my low net salary.

Key takeaway:

All thanks to my corporate RM, who pushed it internally. If you have a high CTC but lower net salary due to deductions, try going through the corporate channel rather than regular sales agents.


Happy to answer any questions! Let me know if you want more details on the documents or steps.

Is it LTF or chargeable?

 

[navdeep22]

Is it LTF or chargeable?

Chargeable . .

 

[abhishek]

How to earn >40L ?

 

[shashank08]

How to earn >40L ?

Per month ???

 

[Wealth is my birth right!]

How to earn >40L ?

Improved skill sets and additional passive income 😊

 

[m4b]

Improved skill sets and additional passive income 😊

If you can just blabber random things, you can get any amount till the company finds out that the person is just useless. I happen to know a few.

 

[Wealth is my birth right!]

If you can just blabber random things, you can get any amount till the company finds out that the person is just useless. I happen to know a few.

Additional tip to use AI for blabbering too😉

 

[m4b]

Additional tip to use AI for blabbering too😉

yea, I started automating few of my works. VISIBILITY 🌚

 

[Kabir_1112]

If it’s approved then get the card first and then close the plastic one.

Approved. Now I have 2.25L points on plastic emeralde. What would be the best option to use my points before closing the plastic card??