https://www.desidime.com/comments/permalink/9784924
Zero AMC means zero charges even if a make balance 0 ?
ICICI Bank - Zero Balance - Zero AMB - Wealth Management Account - How to Open Instantly?
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I would like to know the easiest way to open Wealth Management Account Instantly with ICICI Bank anyone know any easy way from experience?
Here the following suggestions found from other Dimers here
1. Maintain an MAB of 25L for 6 months, and approach the branch for an upgrade.
2. Close the account, walk into any branch with a 5L cheque (negotiated down from 10L) to open a 0 MAB Wealth Management account (black).
so is the above methods works even till now?
or any other more methods to explore for short cut to open Wealth Management Account with zero AMB
Disclaimer
We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
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https://www.desidime.com/comments/permalink/9785347
Yes, I should have mentioned Zero AMB my bad, correct it in topic, yes i was referring Zero AMB, so ya zero charge for 0 balance
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https://www.desidime.com/comments/permalink/9785014
Don't open that way I did like that but now are They have send me mail stating if I am not maintaining 25 lakh within next 20 days they are downgrading my account to 25k mab account.
Now it's a huge headache for me now I have to put my work aside going to their branch since it's a newly opened account I need to pay the penalty also.
Total time and money waste.
https://www.desidime.com/comments/permalink/9785345
Ah thanks for the info:) Will be careful then:))
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https://www.desidime.com/comments/permalink/9785236
Open indie account... Much better zero balance account.. With visa signature card ltf for initial funding of 50000.....u can withdraw the money after account opening..
https://www.desidime.com/comments/permalink/9785367
Ya good idea @batmanBABA
but I am using offline account process with voter id and PAN (not using aadhaar online because I dont want to link everything under same roof of aadhaar) so how to get this done without aadhar? 100% of time Indusind dont open account without aadhaar.
Side note: PAN is linked with aadhaar so i dont wanna give aadhar with everything
Previously when I asked IndusInd bank by visiting branch they said aadhaar is mandatory even for branch offline account opening looooooool but in the form that I need to submit to bank or any financial institution it will CLEARLY say "I voluntarily submit Aadhaar seeding and Aadhar data access for opening account" such bizarre rules forced by some of the bank like IndusInd and some of the other financial institutions to process account opening only using Aadhaar
There is nothing mandatory about aadhaar in their forms yet the bank officials will ask aadhaar and say aadhaar is mandatory lol lazy people to reduce paper processing lol
as they are lazy for this , i am not sure how lazy they will be with their offered services
Also RBI says aadhaar is not mandatory to open bank accounts, bank can open account using any OVD (official valid documents)
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https://www.desidime.com/comments/permalink/9788485
Having a salary of 3L per month gets wealth account instantly(salary account)
https://www.desidime.com/comments/permalink/9789601
Mhm i need monthy 3Lakh ah... thats trouble 😳
https://www.desidime.com/comments/permalink/9801381
They automatically upgraded my Gold or Platinum MAB 50k account to Wealth when I maintained the required AMB for a couple of months. However, they downgraded it within a couple of months when I didn't maintain the necessary balance and sent a mail regarding the required relationship value. I don't fully understand how it works. I asked my Relationship Manager (RM), and he mentioned that these days they are a bit strict. He has seen many downgrades, and I haven't bothered much since then.
What are you expecting from the wealth program?
https://www.desidime.com/comments/permalink/9802989
oh i see:)
My only expectation is zero balance from ICICI bank account, just looking for it on how to achieve zero balance AMB
https://www.desidime.com/comments/permalink/9802988
@harshak9045 oh i see:)
My only expectation is zero balance from ICICI bank account, just looking for it on how to achieve zero balance AMB
https://www.desidime.com/comments/permalink/9917187
latest update: I visited nearest ICICI bank branch they said minimum AMB is 50,000 kinda like they can make 10,000 but for 2 months one has to maintain 50,000 on account as transactions as its year end march
They even forgot that 25k AMB account lol now they just want 50k, insane
no good lol ICICI is just hunting cash cows nothing more... sad sad
https://www.desidime.com/comments/permalink/9917193
First of all how to get 25L 
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Don't open that way I did like that but now are They have send me mail stating if I am not maintaining 25 lakh within next 20 days they are downgrading my account to 25k mab account.
Now it's a huge headache for me now I have to put my work aside going to their branch since it's a newly opened account I need to pay the penalty also.
Total time and money waste.