Saving Accounts in HDFC Bank

Commercial banks (like ICICI, HDFC, etc.), co-operative banks (like Saraswat,
Cosmos, etc.), public sector banks (like State bank of India, Bank of India, etc.)
and postal departments accept deposits by way of opening saving bank account
with them.
The 'saving account' is generally opened in bank by salaried persons or by the
persons who have a fixed regular income. This facility is also given to students,
senior citizens, pensioners, and so on.

Saving accounts are opened to encourage the people to save money and collect
their savings.
In India, saving account can be opened by depositing र100 (approx. US $2) to
र5000 (approx. US $100). The saving account holder is allowed to withdraw
money from the account as and when required. The interest which is given on
saving accounts is sometime attractive, but often nominal.
At present, the rate of interest ranges between 4% to 6% per annum in India.
The interest rates vary as per the amount of money deposited (lying) in the
saving bank account, scheme opted, and its maturity range. It is also subject to
current trend of banking policies in a country.

Savings Account
HDFC Bank has a savings account for all your needs, from no-frills, zero
deposit to feature-rich, customised accounts.
You can access your savings account to bank 24x7 through a wide network of
branches and ATMs as well as facilities such as Netbanking, MobileBanking
and PhoneBanking. In addition, get great offers and privileges via the debit card
that comes with your savings account.

Features of Saving Account

The main features of saving account in bank are as follows:
The main objective of saving account is to promote savings.
Ø There is no restriction on the number and amount of deposits. However,
in India, mandatory PAN (Permanent Account Number) details are
required to be furnished for doing cash transactions exceeding र50,000.
Ø Withdrawals are allowed subject to certain restrictions.
Ø The money can be withdrawn either by cheque or withdrawal slip of the
respective bank.
Ø The rate of interest payable is very nominal on saving accounts. At
present it is between 4% to 6% p.a in India.
 Ø Saving account is of continuing nature. There is no maximum period of
holding.
Ø A minimum amount has to be kept on saving account to keep it
functioning.
Ø No loan facility is provided against saving account.
Ø Electronic clearing System (ECS) or E-Banking are available to pay
electricity bill, telephone bill and other routine household expenses.
Ø Generally, equated monthly installments (EMI) for housing loan, personal
loan, car loan, etc., are paid (routed) through saving bank account.

Advantages of Saving Account

The advantages of saving account are as follows:

Ø Saving account encourages savings habit among salary earners and others
who have fixed income.
Ø It enables the depositor to earn income by way of saving bank interest.
Ø Saving account helps the depositor to make payment by way of issuing
cheques.
Ø It shows income of a salaried and other person earned during the year.
Ø Saving account passbook acts as an identity and residential proof of the
account holder.
Ø It provides a facility such as Electronic fund transfer (EFT) to other
people's accounts.
Ø It helps to do online shopping via facility like internet banking.
Ø It aids to keep records of all online transactions carried on by the account
holder.
Ø It provides immediate funds as and when required through ATM.
Ø The bank offers number of services to the saving account holders.
 v SavingsMax Account
• Earn higher interest on idle money with automatic sweep-in facility
• Lifetime Platinum Debit Card
• Be safe with accident hospitalisation cover of ! 1 lakh
• Get free unlimited number of cash withdrawals at ATMs

Ø Total Insurance Cover up to Rs.1.29 Cr!

Ø Free Platinum Debit card with upto 1% CashBack
Ø Higher Interest Rates with Money Maximizer

FEATURES
• Stay Protected with our Free Insurance Cover
• Accidental hospitalisation cover of Rs. 1,00,000
• Daily cash allowance* of Rs. 1,000 per day of hospitalisation for a
maximum of 15 days (reimbursement cover, and is only available for the
first holder of the account)
• Accidental death insurance cover of Rs. 10,00,000
• Restricted to deaths caused by vehicular accidents (road/rail/air) only
• For the claims to be processed, at least 1 Point Of Sales (POS) purchase
should be made using the Debit Card in the 3 months prior to the date of
the accident
• Death Cover by Air / Road / Rail - Sum Insured up to Rs. 10 lac on your
Platinum Debit Card (Debit Card should be active at retail OR on-line
stores at least once every 30 days to keep the free Personal Death
Insurance cover on their Debit Card active)
• Additional International Air Coverage of flat Rs.1 Crore on purchase of
air ticket using your Debit Card
• Fire & Burglary for the items purchased under Debit Card (upto 90 days)
- Sum assured Rs. 200,000
• Loss of checked baggage - Sum assured Rs. 2,00,00 (For any Claims
under Fire & Burglary Insurance/ Loss of checked baggage Insurance to
be accepted & processed, the cardholder should have carried out at least 1
purchase transaction using the Debit Card, within 3 months prior to the
event date)
* Conditions Apply

Easy Banking with Your Debit Card

• Free lifetime Platinum Debit Card for the primary account holder with a
daily cash withdrawal limit of Rs. 1,00,000 and shopping limit of Rs.
5,00,000
• Upto 1% CashBack on every Platinum Debit Card transaction
 • Unlimited Free ATM transactions on HDFC and Non-HDFC bank ATMs
with the Platinum Debit Card
• Free lifetime Woman's Advantage/International Debit Card for all
account holders
• Cross-Product Benefits
• 50% discount on locker rental, calculated on a pro-rata basis for the first
year of allotment
• Free folio maintenance charges on a Demat account for the first year
• Transact with Ease
• Free cash withdrawal and balance enquiries at all HDFC Bank ATMs and
non-HDFC Bank domestic ATMs
• Free demand drafts on HDFC Bank locations, up to Rs. 1 lakh per day
• Free passbook facility for all individual account holders
• Free lifetime BillPay & InstaAlerts for all account holders
• Free passbook available at home branch for individual account holders
• Free e-mail statements
• Easy banking with facilities like NetBanking, PhoneBanking and
MobileBanking that allow you to check your account balance, pay utility
bills, or even stop cheque payments via SMS
• Enjoy Special Discounts and Offers
• Get up to 90% finance on the on-road price of a vehicle and 7 year tenure
when you apply for an Auto Loan
• Save Rs. 2,375 and get a 50% discount on the processing fees when you
apply for a Two Wheeler Loan
• 50% discount on the issuance charges when you load a minimum of USD
2,000 (orequivalent) on a Forex Plus Card at any branch
• 50% discount on the issuance of a Gift Plus Card when you load a
minimum of Rs. 5,000 on the card through the branch or via NetBanking
• Make the Most of Your Money
• MoneyMaximizer: Earn higher interest on idle money in your account by
requesting for our automatic sweep out facility where surplus funds are
automatically put in a fixed deposit.
Sweep-In: If at any time your savings account starts to run low on funds, the
Fixed Deposit will be automatically dissolved to meet the short fall.

ELIGIBILITY
1. Resident Individuals (sole or joint account)
2. Hindu Undivided Families
3. Foreign Nationals Residing in India*
4. Minor above the age of 10 years are eligible to open self operated minor
account and an ATM/Debit card can be issued to the Minor
 5. *Foreign Nationals residing in India may open a SavingsMax Account by
temporarily attaching an undertaking (QA 22 Form) stating their sources
of credit with a copy of their residence permit

Minimum Balance Requirements

• The Average Monthly Balance (AMB) in the SavingsMax Account
should be > or = Rs. 25,000 or maintain requisite FD Relationship as per
branch location
• If the specified AMB or requisite FD Relationship is not maintained,
transaction charges may be applicable
• The bank will notify the customer in advance by SMS/email/letter in the
first month of non-maintenance of the required AMB in the account
• If the minimum balance is not restored in the month following a notice of
shortfall, the following penal charges will be levied for all months,
including the month of notice, until the AMB/AQB is maintained:

AMB in Slabs (in Rupees) Service Charges in Case of Non-Maintenance*

>= 20,000 to < 25,000 Rs. 300/-
>= 15,000 to < 20,000 Rs. 600/-*
>= 10,000 to < 15,000
>= 5,000 to < 10,000
0 to < 5000
*6% of the Maximum Shortfall in the AMB slab of Rs. 600, whichever is lower.

vWomen's Savings Account

• Get EasyShop Woman’s Debit Card for all your spending needs
• Earn up to ! 1 cash back on every ! 200 spent
• Enjoy 2% lower interest rate on two-wheeler loan

FEATURES
• EasyShop Woman's Advantage Debit Card
Up to 0.50% CashBack every time you use your Debit Card to shop or pay*
• Daily cash withdrawal limit of Rs. 25,000
• Shopping limit of Rs. 1,75,000
• 50% off locker rental fees for the first year^
* CashBack not applicable on xxxxxx
• ^ Calculated on a pro-rata basis for the first year of allotment on your
Womans Advantage Debit card
Enjoy Special Discounts and Offers
• Compare and shop on SMARTBUY
https://offers.smartbuy.hdfcbank.com/
• Offers and CashBack on Grocery, Utility Bills, Movies, etc., on PayZapp
• FREE folio maintenance charges on Demat account for the first year
• Exciting Offers on ForexPlus &GiftPlus cards

Transact with Ease

• Manage your own limits on your Debit Card – International and
Domestic Limits
• Bank the way you like with NetBanking, PhoneBanking and
MobileBanking
• Free Payable-at-Par 25 leaves multi-city cheque book every year
• Free passbook for all individual account holders
• Transfer funds online to any bank across the country with Free NEFT /
RTGS online
• Free BillPay facility. Exciting Offers on BillPay through PayZapp, Debit
Card Standing instructions

Stay Protected with our Free Insurance Cover

• Total Insurance Cover of Rs. 45 Lakhs without paying any premium!
• Accidental hospitalization cover Rs. 1,00,000
• Accidental Death cover Rs. 15,00,000
• Death cover on international air Rs. 25,00,000
• Fire and Burglary cover Rs. 2,00,000
• Loss of checked-baggage Rs. 2,00,000
• Daily cash allowance* of Rs. 1,000 per day of hospitalization for a
maximum of 10 days (reimbursement cover, and is only available for the
first holder of the account)
• Accidental death insurance cover of Rs. 15,00,000 (Restricted to deaths
caused by vehicular accidents (road/rail/air) only)(Rs. 10,00,000 is
covered under the account and additional Rs. 5,00,000 on Woman’s
advantage Debit card)(Women’s account claims to be processed, at least
1 Point Of Sales (POS) purchase should be made using the Debit Card in
the 3 months prior to the date of the accident, Debit Card should be active
at retail OR on-line stores at least once every 30 days to keep the free
Personal Death Insurance cover on their Debit Card active)
• Additional International Air Coverage of flat Rs.25 Lakhs on purchase of
air ticket using your Debit Card
• Fire & Burglary for the items purchased under Debit Card (upto 90 days)
- Sum assured Rs. 2,00,000
 • Loss of checked-in baggage - Sum assured Rs. 2,00,000 (For any Claims
under Fire & Burglary Insurance/ Loss of checked baggage Insurance to
be accepted & processed, the cardholder should have carried out at least 1
purchase transaction using the Debit Card, within 3 months prior to the
event date)

Make the Most of Your Money

MoneyMaximizer: Earn higher interest on surplus funds in your account with
automatic sweep-out to a Fixed Deposit. In case, you are run short of funds in
your account, your Fixed Deposit will be automatically dissolved to meet the
short fall.

Statements & alerts

• FREE monthly electronic statements
• InstaAlert: Instant transaction alerts through SMS and email

Loans and Credit cards

• Preferential pricing on loans
• Access to Super Premium Credit cards
• Pre-approved Loans with instant disbursal.

ELIGIBILITY
Opening deposit
• You need to be an Indian citizen or a foreign national residing in India for
more than 180 days
• You can open a Women’s Savings Account with a minimum deposit of:
10,000 (metro and urban branches)
! 5,000 (semi-urban and rural branches)

v Regular Savings Account

• Get a free personalised chequebook
• Choose rewards debit card or Rupay Premium debit card.an International
Debit Card that suits your needs
• Pay your bills safely and conveniently with BillPay service

Enjoy Special Discounts & Offers

• Take advantage of exclusive discounts and offers through our online
shopping portal offers.smartybuy.hdfcbank.com
Other Added Benefits
• Get a Safe Deposit Lockers
• Save more with Super Saver Facilities on your account
• Easy Banking with Your Debit Card
• Never overspend - Get Millennia Debit Card (metro/urban locations) or a
Rupay Premium Debit Card (semi-urban & rural locations) with your
Regular Savings Account.

Enjoy a host of benefits and features on your Debit Card

• Offers on your Millennia Debit Card
• Offers on your Rupay Platinum Debit Card

Cross-Product Benefits
• Annual Maintenance Charge (AMC) waived off for the first year for your
first Demat Account

Transact with Ease

• Our wide network of branches and over 12,259 ATMs ensure all your
banking needs are met, no matter where you are
• Our NetBanking, PhoneBanking and MobileBanking facilities allow you
to check your account balance, pay utility bills, stop cheque payments
and more from wherever you are
• BillPay allows you to pay your utility bills with ease. You can set
instructions for payments over the phone or online
• Make use of our free passbook and email statement facilities

Enjoy a Customised Banking Experience

Get personalised cheques with your name printed on each cheque leaf for
enhanced security.

ELIGIBILITY
The following people are eligible to open a Regular Savings Account:
• Resident Individuals (sole or joint account)
• Hindu Undivided Families
• Foreign Nationals Residing in India*
• Minor above the age of 10 years are eligible to open self operated minor
account and an ATM/Debit card can be issued to the Minor
*Foreign Nationals should be residing in India for a period greater than 180
days and must possess: A valid passport, a valid visa, FRRO (Foreign Region
Registration Office) Certificate, and a Residential Permit
Minimum Balance Requirements
• To open a Savings Regular Account, a minimum initial deposit of Rs.
10,000 is required for urban branches, Rs. 5,000/- for Semi-urban
branches and Rs. 2,500 for rural branches
• It is mandatory to maintain a minimum average monthly balance of Rs.
10,000 for urban branches, Rs.5000 for semi-urban branches, and an
average quarterly balance of Rs. 2500 or a Fixed Deposit of Rs.10,000 for
a minimum tenure of 1 year 1 day for rural branches
• If the required average balance is not maintained in savings account, the
following non-maintenance charges will be levied:
Balance Non-Maintenance Charges*
AMB Slabs
(in Rupees) Metro & Urban Semi Urban
AMB Requirement -Rs 10,000/- AMB Requirement –Rs. 5,000/-
>=7,500 to < 10,000 Rs. 150/- NA
>=5,000 to < 7,500 Rs. 300/- NA
>=2,500 to < 5,000 Rs. 450/- Rs. 150/-
0 to < 2,500 Rs. 600/- Rs. 300/-

*Service Tax + Cess applicable

• AMB – Average Monthly Balance

AQB Slabs (in Rupees) Balance Non-Maintenance Charges* (per quarter) -

Rural Branches
>= 1000 < 2,500 Rs. 270/-
0 - <1000 Rs. 450/-

v Senior Citizen's Account

• Get accident hospitalisation reimbursement cover of ! 50,000 per annum
• Claim a daily cash allowance of ! 500 per day for 15 days hospitalisation
• Enjoy Preferential rates on fixed deposits (FDs)

Stay Protected with our Free Insurance Cover

• Total Insurance Cover of more than Rs. 38 Lakhs without paying any
premium for primary holder !
• Accidental hospitalization cover Rs. 50,000
• Accidental death cover Rs. 5,00,000
 • Death cover on international air Rs. 25,00,000
• Daily cash allowance* of Rs. 500 per day of hospitalization for a
maximum of 15 days per year for each day of hospitalisation due to an
accident.
• For the above Insurance on account claims to be processed, at least 1
Point Of Sales (POS) purchase should be made using the Debit Card in
the 3 months prior to the date of the accident
• Death Cover by Air / Road / Rail - Sum Insured up to Rs. 5 lac on your
Rewards debit card (Debit Card should be active at retail OR on-line
stores at least once every 30 days to keep the free Personal Death
Insurance cover on their Debit Card active)
• Additional International Air Coverage of flat Rs.25 Lakhs on purchase of
air ticket using your Debit Card
• Fire & Burglary for the items purchased under Debit Card (upto 90 days)
- Sum assured Rs. 200,000
• Loss of checked baggage - Sum assured Rs. 2,00,00 (For any Claims
under Fire & Burglary Insurance/ Loss of checked baggage Insurance to
be accepted & processed, the cardholder should have carried out at least 1
purchase transaction using the Debit Card, within 3 months prior to the
event date)

Debit Card
• Free Rewards International Debit Card free for the first applicant
• Daily cash withdrawal limit of Rs 50,000 and shopping limit of Rs 2.75
lakh per day
• If the first applicant is a woman and new to the bank, our special
Woman's Advantage Debit Card with attractive offers & discounts can be
opted for Free of cost
• Merchant Discounts: Apollo Pharmacy - Apollo Pharmacy - 20% off on
Apollo branded products
• Rewards Point Programme
• 5% savings on your everyday spends on partner merchants. Enjoy up to
2000* Reward points per month.
• Shop with big brands across categories like Grocery, Fuel, Railways,
Online & Pharmacy to earn your monthly reward points
• Grocery - Big Bazaar
• Fuel - BPCL (on HDFC Bank terminals)
• Online Shopping – Snapdeal
• PayZapp – All Payments, One App, One Click.
• Railway – IRCTC
• Pharmacy - Apollo Pharmacy
• Online - Smart Buy - One Stop Shop for all your needs
Make the Most of Your Money
• Preferential rates on Fixed Deposits
• No TDS deduction for FD interest up to Rs.50,000

Transact with Ease

• Higher Shopping Limits & Offers to cater to your needs
• Free Cash transactions with a maximum limit of Rs.25,000 per day
• Doorstep Banking services i.e Cash Pickup / Instrument Pickup and Cash
Delivery available on call for Senior citizens. Click here to know more
• Manage your own limits on your Debit Card – International and
Domestic Limits
• Bank the way you like with NetBanking, PhoneBanking and
MobileBanking
• Free passbook for all individual account holders
• Transfer funds online to any bank across the country with Free NEFT /
RTGS online
• Free BillPay facility. Exciting Offers on BillPay through PayZapp, Chillr,
Debit Card SI

Statements & alerts

• FREE monthly electronic statements
• InstaAlert: Instant transaction alerts through SMS and email

Loans and Credit cards

• Preferential pricing on loans
• Access to Super Premium Credit Card
• Pre-approved Loans with instant disbursal.

ELIGIBILITY
To open a Senior Citizens Account:
• An Indian citizen (sole or joint)
• 60 years of age and above
• The first applicant must be a senior citizen, for joint accounts

Opening deposit & balance

You require to maintain an average monthly balance of ! 5,000
 v Kids Advantage Account
• Get International Debit Card for children with guardian consent
• Get free education insurance cover of ! 1 lakh
• Build up a future fund with ! 1,000 every month

FEATURES
Make the Most of Your Money
MoneyMaximizer: Earn higher interest on surplus funds in your account with
automatic sweep-out to a Fixed Deposit. In case, you are run short of funds in
your account, your Fixed Deposit will be automatically dissolved to meet the
short fall.

Debit Card
• Option to give the child an ATM/Debit card
• The card can be used by the child to withdraw Rs. 2,500 at ATMs and
spend Rs. 10,000 at stores per day
• FREE cash withdrawals at any other bank's ATM*

Special Products
• Dream Deposit: Save for specific goals by linking a Dream Deposit to
your account. Click here to know more
• Systematic Investment Plan - Invest small amounts on a weekly or
monthly basis in Mutual funds through our online Investment Services
account.

Transact with Ease

• Bank the way you like with NetBanking, PhoneBanking and
MobileBanking
• Transfer funds online to any bank across the country with Free NEFT /
RTGS online
• Free BillPay facility. Exciting Offers on BillPay through PayZapp, Chillr,
Debit Card SI

Secured Future of your child!

• FREE Education Insurance cover of Rs.1,00,000/- incase of of death of
the parent or guardian in a road, rail or air accident.
• Set up regular transfers to your kids account using Standing Instructions
.
Statements & alerts
• FREE monthly electronic statements
• InstaAlert: Instant transaction alerts through SMS and email
Special benefits
• Compare and shop on SMARTBUY
https://offers.smartbuy.hdfcbank.com/
• Exciting Offers on Forex & GiftPlus Card

v Institutional Savings Account

• Manage donations and fees through Cash Management Services
• Link account to HDFC Bank payment gateway easy collection
• Simplify payments to employees, vendors, etc. by going online

Transact with Ease

• Free & unlimited Demand Drafts at HDFC Bank locations
• Payable at Par cheque book with no usage charge
• Free Outstation Cheque Collection at HDFC Bank locations across the
country
• Manage collections of fees, donations etc. through various online modes
by linking this account with our Payment Gateway, POS terminals,
Payment Kiosk etc.
• You can also use our vast branch network for collection of donations,
fees etc. The collections will be facilitated by our Cash Management
Services team.
• Online payments like salary payments, vendor payments etc. can be
facilitated through our corporate payment software, Enet
• Easy banking with facilities like NetBanking, PhoneBanking and
MobileBanking that allow you to check your account balance, pay utility
bills, or even stop cheque payments via SMS
• You can also avail free monthly account statements OR opt to avail daily
/ weekly /monthly statements on email.

ELIGIBILITY
Institutional Savings Account can be opened by
• Primary Co-operative Credit Society which is being financed by the bank.
• Khadi and Village Industries Boards.
• Agriculture Produce Market Committees.
• Societies registered under the Societies Registration Act, 1860 or any
other corresponding law in force in a State or a Union Territory except
societies registered under the State Co-operative Societies Acts and
specific state enactment creating Land Mortgage Banks. .
 • Companies governed by the Companies Act, 1956 which have been
licensed by the Central Government under Section 25 of the said Act, or
under the corresponding provision in the Indian Companies Act, 1913
and permitted, not to add to their names the words ‘Limited’ or the words
‘Private Limited’.
• Institutions other than those mentioned in clause (i) below and whose
entire income is exempt from payment of Income-tax under the Income-
Tax Act, 1961.
• Government departments / bodies / agencies in respect of grants/
subsidies released for implementation of various programmes / Schemes
sponsored by Central Government / State Governments subject to
production of an authorisation from the respective Central / State
Government departments to open savings bank account.
• Development of Women and Children in Rural Areas (DWCRA).
• Self-help Groups (SHGs), registered or unregistered, which are engaged
in promoting savings habits among their members.
• Farmers’ Clubs – Vikas Volunteer Vahini – VVV.
•
As per RBI guidelines, Savings Account cannot be opened for
• Government departments/bodies depending upon budgetary allocations
for performance of their functions
• Municipal Corporations or Municipal Committees
• Panchayat Samitis
• State Housing Boards
• Water and Sewerage/Drainage Boards/State Text Book Publishing
Corporations/ Societies/Metropolitan Development Authority / State/
District Level Housing Co-operative Societies (6) Any political party or
any trading/business or professional concern, whether such concern is a
proprietary or a partnership firm or a company or an association

v Basic Savings Bank Deposit Account

• Enjoy a zero balance savings account
• Avail of a free Rupay Card to access your account
• Get 4 free cash withdrawals at branch per month

FEATURES
Make the Most of Your Money
• Avail Safe Deposit Locker and Super Saver facilities.
• Transact with Ease
• Free passbook facility for all individual account holders
 • Enjoy free cash and cheque deposits at branches and ATMs.
• Access your account with your free Rupay Card
• 4 free per Month including ATM/RTGS/NEFT/Clearing/Branch Cash
Withdrawal/ Transfer/Internet Debits/ Standing Instructions/EMI, etc. In
case of more than 4 withdrawals in a month, the bank would convert the
existing BSBD account to Regular Savings Account and all rules and
charges as per Regular Savings Account would be applicable.
• Free lifetime BillPay
• Free InstaQuery facility
• Free e-mail statements
• Easy banking with facilities like NetBanking, PhoneBanking and
MobileBanking that allow you to check your account balance, pay utility
bills, or even stop cheque payments via SMS

ELIGIBILITY
The following people are eligible to open a Basic Savings Bank Deposit
Account:
• Resident Individuals (sole or joint account)
• Hindu Undivided Families
• Customer should not be having existing BSBD Account with any other
Bank.
• Customer should not be holding any other Savings account with HDFC
Bank.
• Minor above the age of 10 years are eligible to open self operated minor
account and an ATM/Debit card can be issued to the Minor
• Minimum Balance Requirement
• No Initial Payment is required to open a 'Basic Savings Bank Deposit'
account and No Average Monthly Balance needs to be maintained.

v Government Scheme Beneficiary Savings Account

• Choose a premium debit card to match your banking needs
• Enjoy higher cash transaction limits of Rs.10 Lakh/ month
• Get easy payment option with free BillPay facility

FEATURES
Exclusive Benefits
• Zero Balance account
• Higher cash transaction limits of Rs.10 Lakh/ month
 • Personal Accidental Death Cover / Permanent Disability Cover up to 2
Lacs provided your Rupay premium debit card is active on POS in last 30
days
• 5% Cashback on Utility Payments upto Rs.50/month on Rupay Premium
debit card
• Complimentary Lounge Program (2 Per Quarter) - International and
Domestic Lounge on Rupay Premium debit card
• Annual Maintenance Charge (AMC) waived off for the first year for your
first Demat Account

Transact with Ease

• Our wide network of branches and ATMs ensure all your banking needs
are met, no matter where you are
• Our NetBanking, PhoneBanking and MobileBanking facilities allow you
to check your account balance, pay utility bills, stop cheque payments
and more from wherever you are
• BillPay allows you to pay your utility bills with ease. You can set
instructions for payments over the phone or online
• Make use of our free passbook and email statement facilities Enjoy
Special Discounts & Offers
• Take advantage of exclusive discounts and offers through our online
shopping portal offers.smartybuy.hdfcbank.com

Easy Banking with Your Debit Card

• Never overspend - Get Rupay Premium Debit Card with your Savings
Account
• Offers on your Rupay Platinum Debit Card
• 24/7 Concierge Service
• Zero Liability Insurance cover upto 4 Lacs

Enjoy a Customised Banking Experience

• Get personalised cheques with your name printed on each cheque leaf for
enhanced security
• Dedicated Relationship program manager under respective programs
• Get Safe Deposit Lockers
• Save more with Super Saver Facilities on your account

ELIGIBILITY
• Resident Individuals (sole or joint account) are eligible to open a Savings
Beneficiary Account
 • Minor above the age of 10 years are eligible to open self operated minor
account and an ATM/Debit card can be issued to the Minor
• Minimum Balance Requirements - Nil balance account with zero IP

v Basic Savings Bank Deposit Account (BSBDA)

Small Account
• Enjoy a zero-deposit, zero balance account
• Avail of a free Rupay Card to access your account
• Get 4 free withdrawals at ATMs per month

FEATURES
Easy Banking with Your Debit Card
• Free Rupay card to access your account

Transact with Ease

• Free passbook facility for all individual account holders
• Enjoy free cash and cheque deposits at branches and ATMs.
• Access your account with your free Rupay Card
• 4 free withdrawals per Month including
ATM/RTGS/NEFT/Clearing/Branch Cash Withdrawal/ Transfer/Internet
Debits/ Standing Instructions/EMI, etc.
• Free lifetime BillPay
• Free InstaQuery facility
• Free e-mail statements

ELIGIBILITY
You are eligible to apply for a BSBDA Small Account if
• You do not have any other banking relationship with HDFC Bank
• You are a resident individual and do not have complete KYC. That is,
you do not have
• Photo ID proof as per the bank’s acceptable list of documents.
• Address proof as per the bank’s acceptable list of documents.
• Listed below are the criteria required to operate a BSBDA Small Account

As a BSBDA Small Account holder you are subject to the following

transactional limits
• The total balance in your account should not exceed Rs. 50,000 at any
point of time or
• The total credits in all your account should not exceed Rs. 1,00,000 at any
point of time or
 • The total withdrawals and transfers in your account should not exceed Rs.
10,000 in a month
• If the balance in all your account exceeds Rs. 50,000, no further credit
transactions will be permitted in your Small account till such time the
balance goes below Rs. 50,000

If the aggregate of credits in a financial year exceeds Rs. 1,00,000 no further

credit transactions will be permitted in your Small account till the end of that
financial year

If the withdrawals and transfers exceed Rs. 10,000 no further debit transactions
will be permitted in your Small account till the end of that calendar month

KYC Monitoring
• As a Small Account holder you are required to submit to the Bank:
• An evidence of having applied for valid KYC (as per the acceptable list
of KYC specified for BSBDA Small Accounts) within 12 months of
account opening
• Actual KYC (ID proof, Address proof and Photograph) as per the Bank's
acceptable list of KYC within 24 months of account opening

v Saving Farmers Account

• Get a free - ATM card to access your account
• Enjoy 5 free transactions at HDFC Bank ATMs
• Get easy payment option with free BillPay facility

FEATURES
Stay Protected with our Free Insurance Cover
• Free Personal Accidental Death Cover of upto Rs. 10 Lakh on Rupay
platinum debit card
• Fire & Burglary for the items purchased under Debit Card (upto 90 days)
- Sum assured Rs. 200,000
• Loss of checked baggage - Sum assured Rs. 2,00,00 (For any Claims
under Fire & Burglary Insurance/ Loss of checked baggage Insurance to
be accepted & processed, the cardholder should have carried out at least 1
purchase transaction using the Debit Card, within 3 months prior to the
event date)
• Debit Card should be active at retail OR on-line stores at least once every
30 days to keep the free Personal Death Insurance cover on their Debit
Card active
Debit Card
• Never overspend - Get a Rupay Premium Debit Card with your Savings
Farmers Account.
• Offers on your Rupay Premium Debit Card – Click here
• 5% CashBack on Utility Bill payments made with your Debit Card upto
Rs.50/month

Transact with Ease

• ATM withdrawal limit of Rs.25,000 & POS limit of Rs. 2.75 lakhs per
day on your Rupay card to cater to your everyday needs & requirements
• Easy banking with facilities like NetBanking, PhoneBanking and
MobileBanking that allow you to check your account balance, pay utility
bills, or even stop cheque payments via SMS
• Free Payable-at-Par 25 leaves multi-city cheque book every year
• Free passbook facility for all individual account holders

Bank from your home, office or on the go with NetBanking, PhoneBanking and
MobileBanking

Payments
• Transfer funds online to any bank across the country with Free NEFT /
RTGS online
• Free BillPay facility. Exciting Offers on BillPay through PayZapp, Chillr,
Debit Card SI

Statements & alerts

• Stay up to date with your account with free monthly account statements /
email statements/ passbook
• Be informed of transactions instantly with free email alerts (InstaAlert
Facility)

Loans and Credit cards

• Get preferential pricing on loans and get access to our Super Premium
Credit cards
• Pre-approved limits on Loans. Check your NetBanking for more details

Enjoy Special Discounts and Offers

• Lounge Access on your Rupay Premium Debit card Click to know more
• Free folio maintenance charges on a Demat account for the first year
ELIGIBILITY
To open an HDFC Bank Savings Farmers Account:
• You must be a resident Indian (sole or joint account)
• Owing agricultural land or having income from agricultural resources
• You belong to Hindu Undivided Family of Farmer’s profile
• You must not hold a previous banking relationship with HDFC Bank
• Savings Farmers Account is available for farmers only at selected
branches

Opening deposit & balance

• You can open a Savings Farmers account with a minimum deposit of !
2,500
• You need to maintain average half-yearly balance of ! 2,500

v DigiSave Youth Account

• Digital Platforms for all your needs
• First year free Times Points Debit card
• Round the year offers on all categories

FEATURES
Enjoy Special Discounts & Offers*
• Take advantage of exclusive discounts and offers through our online
shopping portal offers.smartybuy.hdfcbank.com
• Amazing offers every month on Recharge, Travel, Movies, Shopping via
PayZapp Click here to know more
• Special activation offer on first transaction of Rs.250 or more on PayZapp
• Rs.250 off on Movies by maintaining the required balance & being active
digitally every month on HDFC Bank platforms
• 5% Cashback up to Rs.100 every month by setting Standing Instructions
on your Debit card for Bill Payment
(*Terms & Conditions Apply on all above offers. Detailed T&C available on
offer page of respective platforms like PayZap, SmartBUY, NetBanking, etc.)

Debit card
• First year Free Times Points Debit Card with domestic shopping limit of
! 3.5 lakhs (at merchant outlet & Online store) and ATM cash withdrawal
limit of ! 1 lakh per day
• Minimum discount of 10% and more on online lifestyle, entertainment,
dining and grocery*
• Earn 2 Times Points for every Rs. 150 spent at shopping
 • Welcome Benefit of 500 Times Points on your first shopping at Point of
Sale or online merchant establishments with Times Points DebitCard

Insurance
Insurance Cover upto Rs.1.18 Cr as below -
• Free Personal Accidental Death Cover upto Rs.10 lakhs* on Times Points
Debit Card.
• International Air coverage of flat Rs.1 Crore on purchase of air ticket
using your Debit Card. Click here to know more
• Fire & Burglary Protection of Rs. 2 Lakhs. You are insured for the items
purchased using Debit Card (upto 6 months) - Sum assured Rs. 200,000.
• Checked Baggage Insurance Sum of Rs. 2 lakhs. Applies if the insured is
travelling on tour and / or on holidays to location within India, to the
intrinsic value of the accompanied personal baggage belonging to the
card holder, so lost because of fire, theft, burglary and accident of
travelling vehicle.
• Zero Liability-No liability towards any fraudulent transactions on the
Debit Card that takes place 30 days prior to reporting the Card loss. This
protection is only applicable for Point Of Sale, subject to a maximum cap
of Rs. 4 Lakhs.

Payments
• Transfer funds online to any bank across the country through NEFT /
RTGS / UPI online
• Free BillPay facility
• Split Bills with your friends on the go with BHIM on MobileBanking
App
• Pay Bills or Book a Cab on HDFC Bank OnChat - All you need to do is
open up your Facebook Messenger, find 'HDFC Bank OnChat', and just
say ‘Hi’
• Missed Call Recharge - You, and your family & friends can now recharge
your mobile phones just by giving a missed call to 73 08 08 08 08. For
more details

Special Benefits & Features

• Special Offers on Education Loan & Forex Cards Offering
• Education Loan – Special rates & pricing Click here to know more
• Forex Card – Issuance Fee waiver within 90 days. Discounts on Books,
Food, Shopping, Accommodation & travel across 41,000 partners
covering 130 countries.
Investments & Deposits
• Annual Maintenance Charge (AMC) waived off for the first year for your
first Demat Account. Trading charges & fees as applicable
• Dream Deposit: Build a deposit experience giving you the flexibility to
deposit money whenever it is available and make your dreams a reality.
Invest small timely savings starting from Rs.1,000 to build towards your
goal. Click here for details
• Systematic Investment Plan - Invest small amounts on a weekly or
monthly basis in Mutual funds from a young age through our Investment
Services account which is linked to the DigiSave account

Statements & alerts

• Free e-mail statements / passbook
• Free mandatory mobile and e-mail alerts

ELIGIBILITY
The following people are eligible to open a DigiSave Account
• Resident Individuals (sole or joint account)
• Individual should of age 18 years to 25 years

Minimum Balance Requirements

• To open a DigiSaveAccount, a minimum initial deposit of Rs. 5,000 is
required for Metro/ Urban branches, Rs. 2,500/- for Semi-urban / rural
branches
• It is mandatory to maintain a minimum average monthly balance of Rs.
5,000 for Metro/ Urban branches, Rs.2,500 for semi-urban / rural
branches
• If the required average balance is not maintained in savings account, the
following non-maintenance charges will be levied:

Balance Non-Maintenance Charges*

AMB Slabs
(in Rupees) Metro & Urban Semi Urban/ Rural
AMB Requirement -Rs 5,000/- AMB Requirement –Rs. 2,500/-
>=2,500 to < 5,000 Rs. 150/- NA
0 to < 2,500 Rs. 300/- Rs. 150/-
The HDFC Bank Regular Savings Account Rates & Fees are as
follows:

Ø Description of Charges Regular Savings Account

Minimum Average Balance Requirements
Metro / Urban branches: AMB Rs.10,000/-,
Semi-Urban Branches: AMB Rs.5,000/- ,
Rural Branches: AQB Rs.2,500/- or Fixed Deposit of Rs. 10,000 for minimum 1
year 1 day period

Ø Charges applicable on non-maintenance

Balance Non-Maintenance Charges*
AMB Slabs
(in Rs.) Metro & Urban Semi Urban
AMB Requirement -Rs 10,000/- AMB Requirement –Rs. 5,000/-
>=7,500 to < 10,000 Rs. 150/- NA
>=5,000 to < 7,500 Rs. 300/- NA
>=2,500 to < 5,000 Rs. 450/- Rs. 150/-
0 to < 2,500 Rs. 600/- Rs. 300/-
* plus taxes as applicable
AMB – Average Monthly Balance
AQB Slabs (in Rs.) Balance Non-Maintenance Charges* (per quarter) -
Rural Branches
>= 1000 < 2,500 Rs. 270/-
0 - <1000 Rs. 450/-

*plus taxes as applicable

AQB – Average Quarterly Balance

Ø Cheque book Free - 25 cheque leaves per financial year

Ø Additional chequebook of 25 leaves will be charged @ Rs 75/- per
chequebook.
Ø Issue of duplicate/adhoc statements
• Soft Copy -
Last 5 years statement through NetBanking - No charge
eStatement on registered E-mail ID - No charge
• Physical copy -
Ø Branch - Rs 100/-
Ø PhoneBanking (Non IVR) - Rs.75/-
Ø PhoneBanking (IVR), NetBanking, MobileBanking, & ATM - Rs.50/-
• For Senior Citizen
Branch - Rs.50/-
PhoneBanking (Non IVR) - Rs.50/-
PhoneBanking (IVR), NetBanking, MobileBanking, & ATM - Rs.30/- (w.e.f 1st
July'13)
Ø Passbook issuance* Free
Ø Duplicate passbook issuance* Rs 100/-
Ø Managers cheques/demand drafts- Issuance/re-issuance - At HDFC Bank
locations
DD/MC Issuance Charges Through Branch
Upto Rs. 10,000 - Rs. 50/- Above Rs.10,000 - Rs.5 per 1000 on entire
amount (min Rs.75/- & max Rs.10,000)
Only DD amount upto Rs 100,000 for Preferred/Imperia & Rs 50,000 for other
customers accepted at PhoneBanking
DD request through Netbanking
Upto Rs. 10 Lakhs Rs. 50/- + corr. bank charges if applicable (effective 1st
Dec'2014)
Third party DD* uptoRs. 1 Lakhs Rs. 50/- + corr. bank charges if
applicable (effective 1st Dec'2014)
*Third Party Registration required (customers registered for third party transfers
have a maximum limit of 10 lakh per customer id and hence can issue multiple
DDs of 1 lakh up to 10 lakh and send it to the beneficiary address).
Ø Managers cheque/demand drafts - Cancellation/revalidation Rs. 100
( Nil charges for Managers cheque/demand drafts - Cancellation/revalidation up
to Rs.1000/-)
( w.e.f 1st Jan 2016 )
Demand drafts issued - At non HDFC Bank locations
Rs. 50 plus charges as outlined below:
Upto Rs. 500 Rs. 10
Above Rs. 500 to Rs. 1000 Rs. 15
Above Rs. 1000 to Rs. 5000 Rs. 25
Above Rs. 5000 to Rs. 10,000 Rs. 30
Above Rs. 10000 Rs. 5 per 1000 or part thereof (min Rs 75/- to max Rs
10,000/-)
Ø Cheque collection - Local clearing zone Free
Ø Collection of outstation cheques - our bank locations
Ø Charges for cheques drawn on Branch locations Regular Savings
Account
Upto Rs 5,000 Rs. 25/-,
Rs. 20/- for rural branches/senior citizens account
Rs. 5,001/- to Rs. 10,000/- Rs. 50/-,
Rs. 40/- for rural branches / senior citizens account
Rs. 10,001/- to Rs. 1,00,000/- Rs. 100/-
Rs. 1,00,001/- and above Rs. 150/-
 Ø Cheques drawn on Speed Clearing Branches - at non CTS locations
Regular Savings Account
Upto Rs. 1,00,000 No charges
Rs. 1,00,001 and above Rs. 140 /- per instrument
Ø Cheques drawn on Speed Clearing Branches - at CTS locations No
charge
Effective 1st December'14 "Charges on FD receipts / Govt challans/Treasury
bills-challans / Refund orders/Vouchers/Instruments (not in cheque form)
deposited for collection would be levied as per correspondent bank charges
Ø Collection of outstation cheques - Other locations
Ø Charges for cheques drawn on Non-Branch locations Regular
Savings Account
Upto Rs 5,000 Rs. 25/-,
Rs. 20/- for rural branches/senior citizens account
Rs. 5,001/- to Rs. 10,000/- Rs. 50/-,
Rs. 40/- for rural branches/senior citizens account
Rs. 10,001/- to Rs. 1,00,000/- Rs. 100/-
Rs. 1,00,001/- and above Rs. 150/-
Ø Cheques drawn on Speed Clearing Branches - at non CTS locations
Regular Savings Account
Upto Rs. 1,00,000 No charges
Rs. 1,00,001 and above Rs. 140 /- per instrument
Ø Cheques drawn on Speed Clearing Branches - at CTS locations No
charge
Effective 1st December'14 "Charges on FD receipts / Govt challans/Treasury
bills-challans / Refund orders/Vouchers/Instruments (not in cheque form)
deposited for collection would be levied as per correspondent bank charges
Ø Cheque return charges drawn on us - Local
Due to insufficient funds -
Each cheque return will be charged for Rs.500 /- (Effective 1st Dec'17)
Charges due to funds transfer cheque return - Rs. 350/-
Due to technical reasons - Rs. 50/- per instance.
Ø Cheques deposited - Returned Unpaid (Effective 1st Dec'17) Rs.200/-
per instance
Ø Balance enquiry - At branch Free
Ø Balance certificate Current year - Free; previous year - Rs. 50
Ø Interest certificate Rs. 50 per instance
Ø TDS certificate Free
Ø Account Closure (from account opening date) Upto 14 days - Nil
15 days upto 12 months - Rs 500/- ( Rs 300/- for Senior Citizens)
Beyond 12 months - Nil
( w.e.f 1st July'13 )
Ø Photo attestation Rs 100/- per instance ( Nil for Senior Citizens )
( w.e.f 1st July'13 )
Ø Address confirmation Rs 50/- per instance
Ø Stop payment ( request from customer not to honour cheque issued )
charges Particular cheque - Rs. 100 (free through NetBanking), range
of cheques - Rs. 200 (free through NetBanking)
Ø Standing Instructions Rs. 25/- per transaction plus remittance charge (
w.e.f 1st July'13 )
Ø Unarranged overdraft Rs. 100 per occasion + 18% interest pa
Ø Old records/copy of paid cheques Upto 1 year - Rs. 50 per record;
above 1 year - Rs. 100 per record
Ø Activation of dormant account No charges
Ø Branch transactions (Includes only Cheque deposit/Cheque
issuance/Funds Transfer Debit/NEFT/RTGS)
(Charges over and above standard remittance charges for Fund Transfer / NEFT
/ RTGS .Remittance charges applicable starting first transaction onwards)
- In case the AMB in the previous month account is equal to or above Rs
50000/- No charges would be levied
- In case the AMB is below Rs 50,000/- 15 txn free/month would be permitted
and charge of Rs 75/txn would be levied 16th transaction onwards. ( w.e.f 1st
July'13 )

Ø Number of Cash transactions(Cumulative of Deposit and Withdrawal) 4

free cash transactions per month

5th transaction onwards - Rs.150/- per transaction (plus taxes as applicable)

would be levied
Value of Cash transactions(Cumulative of Deposit and Withdrawal) Home
Branch
2 lakh ---Free per month per account.
Above 2 lakh---Rs.5/- per thousand or part thereof, subject to a minimum of
Rs.150/-(plus taxes as applicable)

Non-Home Branch:
Ø Cash transactions value upto Rs.25,000/- per day –No charge
Above Rs.25,000/- ---Rs.5/- per thousand or part thereof, subject to a minimum
of Rs.150/- (plus taxes as applicable)
Third party Cash transaction (Cumulative of Deposit and Withdrawal) Upto a
limit of Rs.25,000/- per day ---Rs.150/- (plus taxes as applicable) Above
Rs.25,000/- not allowed

Ø For Senior Citizen customers, Kids/Minor Accounts, while the limit of

Rs.25000/- per day will be applicable , the accounts will not be charged
Cash Handling charges Withdrawn effective 01st March, 2017
Local cheque deposited for outstation accounts No charge
PhoneBanking - IVR Free
PhoneBanking - Non IVR
Free
Ø ATM card Free
Ø ATM card - Replacement charges Rs. 200 (plus taxes as applicable)
(w.e.f 1st Dec'14)
Ø Debit Card Charges
Ø All fees will attract taxes as applicable
Ø Debit Card Variant Issuance FeeAnnual/Renewal Fee Replacement
Charges
Regular Card Rs. 150 Rs. 150 Replacement/Reissuance Charges
for Debit Cards - Rs. 200 + applicable taxes (W.e.f 1st Dec’16)
Rupay Premium Rs. 200 (w.e.f 1st Mar'18) Rs. 200 (w.e.f 1st Mar'18)
EasyShop Women's Advantage Rs. 200 (w.e.f 1st Mar'18) Rs. 200 (w.e.f
1st Mar'18)
EasyShop Titanium Rs. 250 Rs. 250
EasyShop Titanium Royale Rs. 400 Rs. 400
Rewards Card Rs. 500 Rs. 500
EasyShop Platinum Rs. 750 Rs. 750
Ø ATM / Debit Card Card - Transaction Charge (Effective 1st Sep'19)
HDFC BANK ATMs Other Bank ATMs
Financial Transactions - First 5 free per month across all Cities

Ø Non Financial Transactions - No charge

(a) In Top 6 cities** : First 3 Transactions free per month (Financial + Non
Financial)

(b) Non Top 6 cities : First 5 Transactions free per month (Financial + Non
Financial)
**Top 6 Cities - Transactions done in Mumbai, New Delhi, Chennai, Kolkata,
Bengaluru and Hyderabad ATMs

Ø Transactions over and above free limit will be charges as under:

Cash withdrawal - Rs. 20 plus taxes per transaction

Non-Financial Transaction - Rs. 8.5 plus taxes per transaction at Non HDFC
Bank ATMs
 Ø Debit Card - Transaction charge - non HDFC Bank international ATMs
Rs. 25 per balance enquiry & Rs. 125 per cash withdrawal (plus
taxes as applicable)

Ø The Bank will charge cross-currency mark-up of 3.5% on foreign

currency transactions carried out on Debit Cards. The exchange rate used
will be the VISA/Master Card wholesale exchange rate prevailing at the
time of transaction
Ø Debit Card PIN regeneration charge Rs. 50 (plus taxes as applicable)
Ø Decline charge for insufficient balance Transactions declined at
other bank ATMs anywhere in the world or at a merchant outlet outside
India due to insufficient funds will be charged at Rs. 25 per transaction
(plus taxes as applicable)
Ø BillPay This service is free w.e.f 1st August'2011
Ø InstaPay Rs. 10 (plus taxes as applicable) per transaction
Ø InstaAlert Rs.15 per quarter, effective 1st April 2013 (plus taxes as
applicable)
Ø Customers who have selected only"Email" as the delivery channel for
receiving InstaAlerts will not be charged
Ø Visa Money Transfer Rs. 5 (plus taxes as applicable) per transaction
Ø NEFT Charges - Inward NIL
Ø NEFT Charges- outward (online mode) Free (effective 1st Nov'17)
Ø NEFT charges - outward (Branch)
Amounts up to Rs. 1 lac - Rs.2 (plus GST) per transaction
Amounts above Rs.1 lac - Rs.10 (plus GST) per transaction
Ø NEFT Charges for Indo-Nepal transactions Customers having
NSBL*A/c - Rs 20/-
Customers having non-NSBL* A/c:
Upto Rs 5,000 - Rs 70/-
Above Rs 5,000 - Rs 95/-
• Nepal State Bank Ltd
RTGS - Outward (online mode) Free (effective 1st Nov'17)
RTGS - Outward (Branch)
Rs. 2 Lac & above - Rs. 15 (plus GST) per transaction
RTGS - Inward NIL
Ø IMPS (Immediate Payment Service) – Outward Charges Effective
January 01, 2017
Amount upto Rs 1 to Rs 1,00,000 ----Rs.5/- (plus taxes as applicable) per
transaction
Amount above Rs 1,00,001 to Rs 2,00,000 ----Rs.15/- (plus taxes as applicable)
per transaction
Ø IMPS (Immediate Payment Service) - Inward NIL
MobileBanking NIL
NetBanking Free
Ø ECS / ACH (Debit) Return Charges Rs 500/- + taxes per instance.
Any deliverable returned by courier due to negative reasons (no such
consignee/consignee shifted and no such address) Rs 50/- per instance
TIN re-generation (requests received at the branch for physical dispatch) Rs
50/- per instance
Ø IPIN re-generation (requests received at the branch for physical dispatch)
Rs 100/- per instance
Ø Standing Instruction rejects Rs 200/- per instance
One time Mandate Authorisation Charges per mandate (Physical /
Online) ! 100/- + GST (effective 1st July 2019)