Tricks for getting ICICI Wealth Management

[Sreerag]

Is there any ways for getting ICICI Wealth Management upgrade? Already have 2 Privilege accounts with them which are individual. I prefer having family banking (3 accounts)
AQB is pretty low but having CCs with them of 2.4L and 2.8L limit

Any tips would be appreciated. Initial funding not recommended but anything upto 2L okay (at last case scenario only)

 

[pgarg24]

+1

 

[anirban.choudhury]

Is there any ways for getting ICICI Wealth Management upgrade? Already have 2 Privilege accounts with them which are individual. I prefer having family banking (3 accounts)
AQB is pretty low but having CCs with them of 2.4L and 2.8L limit

Any tips would be appreciated. Initial funding not recommended but anything upto 2L okay (at last case scenario only)

An upgrade would be difficult as they generally do upgrades for NRV 25 lakhs
Only option will be IP but that too 5 lakhs will be needed at least . There are no such tricks in casa

 

[Sreerag]

An upgrade would be difficult as they generally do upgrades for NRV 25 lakhs
Only option will be IP but that too 5 lakhs will be needed at least . There are no such tricks in casa

What is IP?

I have seen many people's account getting upgraded automatically. What is the criteria?

 

[pgarg24]

An upgrade would be difficult as they generally do upgrades for NRV 25 lakhs
Only option will be IP but that too 5 lakhs will be needed at least . There are no such tricks in casa

Sry but can you explain a bit more.. what do you mean by IP here?

 

[anirban.choudhury]

What is IP?

Initial Pooling/Funding/Remittance

 

[anirban.choudhury]

I meant a new account with initial funding of 5 lakhs

 

[Sreerag]

I meant a new account with initial funding of 5 lakhs

I have seen many people's account getting upgraded automatically. What is the criteria?

 

[pgarg24]

Initial Pooling/Funding/Remittance

So basically do a 5lac inital funding and then can we remove the money..? Or we would have to mandatorily keep average balance or they would demote the account varient..?

 

[anirban.choudhury]

I have seen many people's account getting upgraded automatically. What is the criteria?

Not sure about others , but mine was upgraded based on net salary deposit .
Wealth has a variant called wealth salary account , requirement for that is 3 lakhs net salary deposit

 

[anirban.choudhury]

So basically do a 5lac inital funding and then can we remove the money..? Or we would have to mandatorily keep average balance or they would demote the account varient..?

Generally ICICI doesn’t downgrades but no one can guarantee that

 

[saucy]

Does NRV also include FDs?

 

[anirban.choudhury]

Does NRV also include FDs?

It depends from bank to bank
I’m base of ICICI it does includes as part of TRV

 

[pgarg24]

It depends from bank to bank
I’m base of ICICI it does includes as part of TRV

What? Fd included? I have account grouping with my parents and including fd trv should cross 25l.. however they only upgraded us to privilege banking.. where should I drop the mail for this? Bank RM was of no help since either they are not aware of this or they lied.

 

[anirban.choudhury]

What? Fd included? I have account grouping with my parents and including fd trv should cross 25l.. however they only upgraded us to privilege banking.. where should I drop the mail for this? Bank RM was of no help since either they are not aware of this or they lied.

Bank RM won’t be able to help , try to connect with some wealth management RM they would most probably be able to help

 

[Sreerag]

What? Fd included? I have account grouping with my parents and including fd trv should cross 25l.. however they only upgraded us to privilege banking.. where should I drop the mail for this? Bank RM was of no help since either they are not aware of this or they lied.

What are you looking for at ICICI WM? Any extraordinary benefit on upgrade or just upgrading for better customer care?

 

[pgarg24]

What are you looking for at ICICI WM? Any extraordinary benefit on upgrade or just upgrading for better customer care?

Good debit card(visa infinte or MC world), nil annual charges for debit card, no MAB required etc etc...

Wealth Management / Private Banking Account - ICICI Bank Ltd

www.icicibank.com

 

[anirban.choudhury]

Good debit card(visa infinte or MC world), nil annual charges for debit card, no MAB required etc etc...

Wealth Management / Private Banking Account - ICICI Bank Ltd

www.icicibank.com

+ complementary Cibil access

 

[pgarg24]

+ complementary Cibil access

Is it annual cibil subscription?

 

[anirban.choudhury]

Is it annual cibil subscription?

You get complementary Cibil subscription with wealth account , the subscription is valid till wealth status is maintained