HELP WITH Bank account opening
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Hey guys, can someone help me with a doubt .So iam thinking of opening a 25000 savings account with IDFC. So my doubt is if i create a fixed deposit of 25000 from my savings account , will it be considered as TRV, so that i dont have to worry about maintaining the Average Monthly Balance (25000). If yes, Can i take first wow card against the same FD without creating separate FD for the card. Thank you. (IDFC or HDFC).
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https://www.desidime.com/comments/permalink/9672591
i was just wondering ,apps like jupiter Need 10k nrv/amb to be a pro . but that nrv includes bank balance, pots, fd, digital gold. so if have fd of 5k, digital gold of 2k, and pots if 2k, and my balance is 1k. im still a pro ( making it total as 10k NRV)
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MAB/QAB is always in terms of balance in savings account
NRV/TRV is a super set having savings account balance, FD, RD etc combined
so, you'll have to maintain MAB of Rs. 25k in savings account and for Wow CC, FD has to be created separately I suppose.