HNI Banking Is a Scam | Do You Really Need HNI Bank Account? 🔥🔥🔥

Friends, High Net-worth Banking, also known as HNI Banking, is a premium banking program available in India. Generally, you need to maintain an account balance of about 10 lakhs or have 30 lakhs in investments with a bank to enroll in its HNI banking program. The balance or investment requirements can vary between banks. On paper, we receive many benefits from an HNI banking program, but do we really need it? Is HNI banking worth the money we are investing? Does a dedicated relationship manager really help us?
Personally, I hold many HNI banking accounts such as IndusInd Pioneer, ICICI Wealth, HDFC Imperia, IDFC Wealth, Axis Burgundy, Kotak League and few more. In this video, I will share my experiences and try to reveal the real truth about HNI Banking.
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[@imashwinikr]

Free locker - Never available RM - Equal to salesman/saleswoman for ULIPs or endowments plans, Mutual Funds - only regular not direct. So, only service I personally found beneficial is free Debit card , that’s it!

[@paulson2008]

I totally agree...for instance for my exclusive account in INDUSIND , the RM lady called me and starting sweet talking to me and saying sir if you don't open a Rs.50,000 FD today I cannot go home. I kept rejecting the prospect of doing the FD then she started begging if you don't open I can't go home today. Then finally she told you open it today then close it when you need it.

[@saneworld9418]

Really 😅

[@XzAnkit]

❤😮

[@karthikyadavar245]

Wtf 😂

[@kragi2]

I have HDFC Imperia. Got it as I maintained 10L for a month. Later it is being continued. My RM never calls me to sell anything. He only calls on my Birthday to wish me. Such a nice RM 😅

[@birendrakumarchourasiya2307]

Rice 🍚 RM😂 chawal waale Relationship manager 😂

[@Naveen-rm7fx]

Rice😂

[@Naveen-rm7fx]

Rice😂

[@IFennecYouCODM]

😂😂😂

[@roninr8199]

10l of balance or 10l of FD?

[@am0072]

very well said, I have a titanium privilege account with ICICI bank, and do have an RM, who only calls me for selling loans or banks products. When I ask him/her for any help never gets it actually.

[@heysuvajit]

Instantly hit the like button when he mentioned about the RM were there only to destroy your wealth 😂😂

[@sastrych7866]

YES I TOO HOLD THE FOLLOWING ACCOUNTS 1. AXIS BURGUNDY 2. ICICI WEALTH 3. IDFC WEALTH 4. HDFC CLASSIC (1L MAB) 5. AU ROYALE etc but to be frank .... 1. RM dont have any product knowledge 2. they beg you for maintaining funds 3. they beg you for opening demat accnts 4. they beg you for opening FD 5. they beg you to maintain more than MAB 6. any important work they will definitely tell us to contact customer care and they can;t help in this CONCLUSION : its very rare to find a knowledgeable and informative and helpful RM ... if you can find nothing like it but most of the cases what this man is telling its 100000% true

[@kareemjamal6538]

You are right. I have hdfc imperia account from past 2 years and have been asking for a free locker from past one year which is not available but if you are ready to make an FD it is suddenly available and the in branch staff is worst same as SBI Bank.

[@tushargoyal2582]

Even free locker service with HNI bank account is also a scam. They always keep saying that currently no locker is free so can't provide you right now. And RM always call to provide loans and sell low interest products only. The only benefit with HNI bank account I found it is debit card (which is useful in my case due to free 1+1 lounge access without any min. spend).

[@heysuvajit]

If someone is able to maintain balance in HNI banking then I assume he/she is a high spender. So better opt for a super premium credit card.

[@bhanuagarwal7861]

I totally agree. I used to have with Axis Bank. Trust me it's worst thing. They said 50% on lockers but never gave me that. I had 9L FD with them but when I asked for select FD card as LTF then they rejected that too saying we can't give as LTF. Finally I broke all investments with Axis.

[@rounakkarmakar06]

Yes I have an HDFC preferred account, and obviously they are RM call me to take insurance take ulip plan take FD, and other products like that. Yes a normal savings account is more than enough for ourselves

[@sunshinelife7055]

Most rms have very low knowledge of the hni banking products

[@tushargathade2380]

Completely agreed with you

[@tousifahmed6931]

mere pass icici ,hdfc , indus low net worth wala account hai😁 jisme RM dia hai aur maine unko block kar rakkha hai. maine Low net worth account sirl debit card free k lye rakkha hai aur agar sms alert free hai to aur accha. Mai nai chahta k agar saal me savings me pada mera paisa agar 1000 rs intrest de aur usme se 700 rs debit card and sms alert lee jaae to dukh hota hai.

[@AshishKumar-gy4ec]

Totally Agree. I upgraded my HDFC Regular Account in Classic for 6-7 Month Ago but still didn't get LifeTime Debit card. And When call RM, she always say it will come. She only calls for Loan related Product.

[@sahilagar]

You can do it yourself via netbanking… debit card never comes automatically. Also any paid card will automatically become LTF

[@AshishKumar-gy4ec]

@@sahilagar There is No Option of That Card which is Shown at the Time of Upgrade

[@sumitsikriwal8898]

Exactly they call just for loan proposals

[@NirajShukla-ih3pp]

My self totally agree with you

[@RaghuMahajan]

classic banking by HDFC - tried family banking. The RM threatened to do investment to add family member to group.

[@anumodprakasam6647]

Threatened 😮

[@arnabghosh6875]

You talked facts😊

[@kabirsinghania7917]

10-30 Lacs maintain karke 7% interest FD pe leke saari facilities free mein milna(almost) and best CC bhi mil jaana saath mein to fir dikkat bhi kya hai.RM ko bhao na do khud pareshaan karna chodd dete hai. Scam to kahi se bhi nahi hai.

[@birendrakumarchourasiya2307]

Main axis burgundy ac me maintain kar rha hoon isse accha mujhe koi or nhi lga mere maintain krne par mere credit card ki limit 1lakh 30k se 5lakh tak increase kar diya sirf mail se or yehi pehle maintain nhi kr rha tha toh increase nhi kar rha tha

[@indra_sinha]

You rock!!

[@gemsfactz]

25K accounts are best. More or less these facilities r available there. Beyond that it doesn't make any sense

[@rrishugupta]

I agree, I have both HDFC & ICICI, RM's don;t know stuff and not available when needed. Really pathetic services of RM's.

[@tamiltravel1515]

Considering HDFC doesn't charge for non maintanance of funds and also doesn't downgrade, We can open Imperia with 10L and transfer everything elsewhere and still enjoy all Imperia benefits.

[@birendrakumarchourasiya2307]

After one year your account will be downgrade

[@NSG2810]

Not sure but my HDFC imperia RM told me that if i dont maintain MAB then after 6 months my account will be downgraded.

[@birendrakumarchourasiya2307]

@@NSG2810 my already downgraded my account from imperia

[@GYANENDRAKUMARPANDEY]

Wait for few months it will be downgraded

[@birendrakumarchourasiya2307]

@@GYANENDRAKUMARPANDEY right ✅️ mera v downgrade ho chuka hai ek saal baad imperia se preferred me downgrade ho gya

[@roninr8199]

I have nearly 15 years of account with hdfc. Pteffered account holder from past 5 years which means keeping more than 15 lakhs in account. My worst complaint is bank is not ready to upgrade my card to infinia even though my spends are huge plus using dcb from past 5 years. RM says to give 60 lakhs itr 😂😂😂when many regalia users got free upgrade to infinia. Next year my dcb would get renewed again and if I don't get infinia I would change my account to 10k Balance account 😂😂 I too experienced with hdfc RM always calls to take polices begs to open FD with her referral. ICICI made my account wealth even though I just have around 3k Balance. Will move some money to them

[@111rhishishranjan2]

bro ur are mistaken , for hdfc preferred average monthly balance is 2 lakh only, u have to maintain, u can convert your preferred account to imperial as per i remember whose average monthly balance needed is 10 lakh which you could easly afford as you are keeping 15 lpa there. so , i must say upgrade your preferred account first then you will get life time free infinia card bro .

[@roninr8199]

@@111rhishishranjan2 you can check in youtube. Many imperial users too didn't get. My question here is when bank has given infinia upgrade to regalia users who don't even have proper spending and with 5l limit then they can give to existing old users too. In the the end it's their wish there is no concrete reasons for giving. And who keeps 10 lakhs in Balance for a card. Maximum would invest their amount like I did. The interest cost I would be loosing would be more than card fees of 15k. As of now I am able to meet 5 lakhs spend with my dcb making my card free. If banks gives infinia it's a bonus or I would invest my 15 lakhs else where.

[@abhishek12333]

U r right

[@parimaldas8127]

এক্সসেলেন্ট 👍

[@rashant9277]

Mujhe toh smjh nahi jata agar RM tumhe ulip chipka rha toh bhai ye tumhara decision hai lene ka ya nahi … simple bolo na tumhe khud hi ek simple no bolne ka dhang nahi … i too have my hdfc RM … he too called me for Ulip and fd … i said it’s my money and i know where to invest so don’t waste my time calling again … good bye and take care

[@Abhishekkumar-tz1lo]

hdfc preffered is scam , RM invest your money at one the wrost instrument of universe to fullfil their target , not recommended

[@dnandakishore1842]

HNI banking has less charges and the bank will support you for all the needs

[@sandeeptiwari-ur8jg]

Like ?

[@JOhnyJUnior008]

debit card charges and family non maintenance charge is good.

[@piyushgupta4248]

Bhai yehh 0 balance m bhi mil jaayega, except for Debit card charges.

[@birendrakumarchourasiya2307]

​@@piyushgupta4248 bhai tum nhi samjhe normal 0bal or isme asman jamin ka fark hai woh Jan dhan khata hai usme restrictions h

[@navpreetsinghchahal1847]

Hello @technofino Sir. I am unable to register with your TF community. Can you help me, please?

[@reader9978]

It depends on the RM, If its a sales person then 👎 otherwise it's 👍

[@AnindyaOjha]

Yes, I hold 2 HNI Account 1> ICICI WM 2> IDFC Slect for me its depends on the individual person if he/she can extract the max benefits or not from those accounts. Also individual financial knowledge is also necessary before doing any investment so that your RM cant trick you to invest in some plans. I am happy with the services. And I don't maintain the minimum MAB/TRV in any of these accounts. Lucking my RM is good & he knows I don't investest in those plans so they never calls regarding any plans. For majority its enough to have simple SB account but if you are keeping such kind of funds or eligible for HNI accounts my suggestion will be to take it. I don't support investment into a plan for HNI account upgrade if its not useful for you.

[@Raj-qw8cw]

सब से घटीया RM होते है