Regarding Idfc wealth program

[usha rani]

Hello everyone
I opened wealth account around a year back with initial funding of ten Lakh withdrawn from account after few days after having discussion with branch staff and they said they will not downgrade my account.
After that i use receive mails from idfc that program criteria is not met but branch says no issue and the account will not be downgraded.
But today i receive mail from idfc mentioning my customer id and it is mentioned that account will be downgraded within next 30 days if criteria not met.I think this time they will downgrade my account and hence i need your suggestion to how to stay in wealth variant or if anyone has experienced such situation in past then what can be possible solution.

 

[cardio_guycardio_guy is verified member.]

Same problem discussed here.

Post in thread 'IDFC Downgrade Email'

Today at 8:17 AM

We shud opt for account type which we can manage..Just for status symbol, if we opt for higher variant then bank will not allow the same as each perk offered by bank comes at a cost.


It is a myth that bank check balance only once in a quarter...Average quarterly balance means, they do sum total of eod balance and divide by 90.


Downgrade the account that can be easily managed rather begging RM. Do not listen to half baked information on this forum.

• sunit123

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It has some answers too. Pls check there.