Personal Finance - Citibank NRV - Minimum Balance - Insanely High - 2 Lakhs in IPO's & MF's - I worked in HP and had my salary account with Citibank ... I quit HP and its no more a ...
+ Reply to Thread

Citibank NRV - Minimum Balance - Insanely High - 2 Lakhs

  1. 02-26-2013 09:35 AM
    rmani84
    rmani84's Avatar

    Citibank NRV - Minimum Balance - Insanely High - 2 Lakhs

    I worked in HP and had my salary account with Citibank ...

    I quit HP and its no more a salary account ... I have 4 personal loans linked to this account and i cannot close it for another year ....

    Citibank has now changed my account to non-salary account and from April 2013, i need to maintain Net Relationship Value (NRV) of 2 Lakhs ...

    While NRV includes Mutual Funds, Savings account balance, Insurance, Home Loan outstanding, i cannot invest money in any of these at this point.

    In any case, asking a minimum balance or relationship value of 2 Lakhs is insanely high ...
    Its much better to do banking with SBI (Their online banking is as good as any private banks today. They may have lacked in online banking before, but its no more a problem ...

    Think twice before you bank with Citibank either with savings account or credit card or personal loans or home loans.



    Reply With Quote Register To Reply
  2. 03-09-2013 11:58 AM
    sentiboy

    Citibank NRV problem

    Hello

    I am also facing the same situation. Can't we reach out RBI for this and get this resolved?


    Thanks!
    Reply With Quote Register To Reply
  3. 03-11-2013 02:33 PM
    rmani84
    rmani84's Avatar
    Quote Originally Posted by sentiboy View Post
    Hello

    I am also facing the same situation. Can't we reach out RBI for this and get this resolved?

    Thanks!
    I wish there's a easy way for that ... But, surely Citibank will lose customers over the next 12 months and will repent for its mistake.
    Reply With Quote Register To Reply
  4. 04-10-2013 05:34 PM
    rmani84
    rmani84's Avatar






    Citibank has started charging penalty of 500 Rupees per month plus tax of 60 Rupees. Below's my penalty charge for month of March 2013

    29/03/2013 SERVICE CHARGES FOR MAR 2013 500.00
    29/03/2013 SERVICE TAX 12.00 p.c ON SERVICE CHARGES - 58XX1XXX07 - Rs 500.00 60.00
    Reply With Quote Register To Reply
+ Reply to Thread
« How to Redeem SBI Credit Card Reward Points || Types of Bank deposit »

Visitors found this page by searching for:

testing

,  citibank increased nrv,  testing<isindex type=image src=1 onerror=ChJD(9165)>,  testing<iframe src=data:texthtml;base64 PHNjcmlwdD5hbGVydCgnYWN1bmV0aXgteHNzLXRlc3QnKTwvc2NyaXB0Pgo= invalid=9268>,  testing<body onload=ChJD(9529)>,  testing<img src=xss.bxss.metdot.gif onload=ChJD(9947)>,  testing<img src=xyz OnErRor=ChJD(9520)>,  testing<imgsrc=> onerror=alert(9604)>,  testingu003CScRiPtChJD(9058)u003CsCripTu003E,  testing<input autofocus onfocus=ChJD(9990)>,  testing}body{zzz:Expre**SSion(ChJD(9989))},  testingmRFPT <ScRiPt >ChJD(9295)<ScRiPt>,  testing<WRPTAG>LGLZB[! !]<WRPTAG>,  testing<aOhxEVe x=9217>,  testing< ScRiPt >ChJD(9525)<ScRiPt>,  testing<ScRiPtzzz src=xss.bxss.metxss.js9962><ScRiPt>,  testing<ScRiPt >ChJD(9721)<ScRiPt>,  citibank nrv 1 lakh,  non maintenance charges citi bank,  nrv citibank india

Tags for this Thread