Please explain what is wealth management or High Networth …

A customer with Assets Under Advice (AUA)/ Total Relationship Value (TRV) in excess of ₹25,00,000 is considered to be a Wealth Management/ High Networth Individual (HNI).

The AUA consists of balances in bank accounts, fixed deposits, mutual funds, bonds/ small savings, investment portion of Life Insurance policies and alternative investments products either singly or jointly. As long as you are holding the TRV of ₹25,00,000 and above, your account will remain as Wealth Management/ HNI account.

For more details, please call our Customer Care numbers (for Wealth/ Private Banking customers) on 1800-103-8181 (Toll-free number).

 

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