Category | HDFC Regular Savings Account |
Minimum Balance Requirement | Rs. 10,000 (metro/urban branches) Rs. 5000 (semi-urban branches) Rs.2,500 (Rural Branches) |
Interest Rate | 4% per annum |
Debit Card Type | International Debit Card |
Eligibility Criteria |
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Services Provided with HDFC Regular Savings Account
Sweep-in Facility | Yes |
Net Banking | Yes |
BillPay | Yes |
Mobile Banking | Yes |
Safe Deposit Lockers | Yes |
InstaPay | Yes |
InstaAlert | Yes |
Features of HDFC Regular Savings Account
Accessibility | Over 11000 ATMs and a wide network of branches across India |
Sweep-in Facility | Fixed Deposit will be automatically dissolved to meet shortage of funds in Savings Account |
BillPay | Pay frequent utility bill payments over the phone or online. |
Demat Account | Annual Maintenance Charge (AMC) waived off for the 1st year |
Cash withdrawals | Free cash withdrawals at ATMs of other Banks |
Fees and Charges Applicable on HDFC Regular Savings Account
Account closure | Within 14 days of account opening - No charges levied From 15 days to 12 months - Rs 500/- ( For Senior citizens - Rs 300/-) After 12 months from account opening - No charges levied |
Passbook issuance | Free of charge |
Issue of duplicate statements | Branch - Rs 100/- Phone Banking ( Non IVR) – Rs.75/- Net Banking, Phone Banking, Mobile Banking - IVR & ATM - Rs 50/- |
Additional chequebook | Rs 75/- |
Interest certificate | Rs. 50 |
Standing instructions | Rs. 25 + remittance charge. (per transaction) |
TDS Certificate | Free |
Activation of dormant account | Free |
Debit Card - Annual Fee | Rs.150 per year |
Replacement charges | Replacement of a damaged card – free; Replacement of a lost card - Rs. 200 |
Add-on debit card | Rs.150 annually |
Standing Instruction rejects | Rs. 200 |
GST of 18% is applicable on all banking products and services from July 1, 2017 onwards.