Whoever said wishes don’t come true hasn’t explored our offers!

HDFC Senior Citizens Account

HDFC Senior Citizens Account offers exclusive services and banking facilities to senior citizens in India, and offer them various privileges and enhanced savings.

Highlights of HDFC Senior Citizens Account

Bank HDFC Bank
Category HDFC Senior Citizens Account
Minimum Balance Requirement Rs. 5,000 (urban/semi-urban)
Interest Rate 4% per annum
Debit Card EasyShop International Debit Card
Eligibility Criteria
  • Residents of India who fall within the age group of 60 years and above, can open a Senior Citizen’s Account.
  • For a joint account, a senior citizen will have to be the primary/first applicant.

Services Provided with HDFC Senior Citizens Account

BillPay Yes
InstaAlert Yes
Net Banking Yes
Standing Instructions Yes
Mobile Banking Yes

Features of HDFC Senior Citizens Account

Withdrawal Limit Rs.25,000/- (daily)
Shopping Limit Rs.1.25 Lakhs (daily)
Payable-at-Par (PAP) chequebooks Issued free of charge
Passbook Free
Alerts SMS and Email transaction alert available.
Online Trading Account Special concessions offered
Demat Account
  • Annual maintenance charge (AMC) is waived the first year
  • Avail a discount of Rs.250/- on AMC from the second year onwards
  • Enjoy free dematerialisation of physical shares for lifetime. This offer is applicable only on the first Demat account that has been linked to the customer’s Senior Citizen’s account.

Benefits of HDFC Senior Citizens Account

Accidental hospitalization cover Rs. 50,000 per annum
Cash Allowance Claim a cash allowance of Rs.500 per day for upto 15 days once in a year, for each day of hospitalisation due to an accident.
Online Trading Accounts Preferential account opening charge of only Rs.599
Travellers’ cheques Free
Fixed Deposit Avail preferential rates on FDs

Fees and Charges Applicable on HDFC Senior Citizens Account

Minimum balance Rs. 5,000
Charges on non-maintenance of minimum balance AMB Slab of between 2,500 to Rs. 5,000 , Charges levied for non-maintenance = Rs. 150/-
AMB Slab from less than Rs.2,500/-, charge for non-maintenance is Rs. 300.
Additional chequebook Rs 75/-
Issue of duplicate/adhoc statements Branch - Rs 50/- for each statement
Non IVR Phone Banking - Rs.50/- for each statement
Net Banking , Mobile Banking, Phone Banking - IVR & ATM - Rs 30/- for each statement
Cheque return charges Due to insufficient funds - charge on first cheque returned is - Rs 350/- and from then on charge will be Rs 750/- per instance.
Charge levied on funds transfer cheque return - Rs. 350/-
Charge levied on cheque return due to technical reasons such as date not mentioned, post dated, sign mismatch, etc. - Rs. 50/-.
Cheques deposited and returned unpaid Rs 80/- per instance
Hold Statement Rs.400 charged annually
Manager’s cheque/demand drafts - Cancellation Rs.40
TDS Certificate Free
ATM card - Replacement Rs.200
ATM / Debit Card Card - Transaction Charge Unlimited free transactions on HDFC as well as non HDFC Bank ATMs
TIN regeneration Rs 50/-

GST of 18% is applicable on all banking products and services from July 1, 2017 onwards.

Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

This Page is BLOCKED as it is using Iframes.