Features
Eligibility
Fees and Charges
Features | Regular Collection Account |
Average Quarterly Balance (AQB) | ₹10,000/- |
Non-Maintenance Charges (Per Quarter) | ₹1,500/- |
Note: Cash deposit limits will lapse if AQB maintained is less than 75% of required product AQB | |
Cash Transactions | |
Combined Cash Deposit Limit @ any HDFC Bank branch (monthly) | Deposit up to ₹2 lakh cash free per month or 25 transactions (whichever is breached first) at any HDFC Bank branches; Charges @ ₹3.5 per ₹1,000/-, minimum ₹50 per transaction beyond free limits |
Cash deposit in low denomination notes i.e., ₹50 and below @ any HDFC Bank Branch (monthly) | 1. Cash deposit in notes = Free up to ₹10,000/- per month, beyond free limit chargeable at 2% of cash deposit in low denomination notes |
Operational Limit for Cash Deposit @Non-Home Branch (per day) | ₹10,000/- |
Non-Cash Transactions | |
Local / Intercity Cheque Collection | Free |
Bulk Transactions* | Free up to 50 transactions per month. Charges ₹30/- per transaction beyond free limits |
Outstation cheque collection @ Clean Location (per instrument charges) | Up to ₹25,000 - ₹50, |
NEFT/RTGS/IMPS Transactions | |
NEFT / RTGS / IMPS Collections | Free |
Account Closure Charges | |
Closure: Up to 14 days - No Charge | |
Common Charges | |
Balance Inquiry, TDS Certificate & Address Confirmation (request received at branch) | Free |
Balance Confirmation Certificate & Interest Certificate, Signature, Photograph Verifications (request received at branch) | ₹100 |
Old Records/Copy of Paid Cheque (request received at branch) | ₹80 per record |
Standing Instructions | Nil |
Re-generation of Phone Banking IPIN (request received at branch for physical dispatch) | ₹40/- per request |
InstaAlert | Email – Free; SMS - 20 paise/SMS (charged on monthly basis) |
Duplicate / Adhoc Statement Requests | i) ₹50/- per statement through NetBanking, MobileBanking, PhoneBanking (IVR), ATM |
Cheques Deposited Returned Unpaid | Local and Outstation - ₹200/- per instrument |
* Bulk transactions include count of all Cheque clearing and Fund Transfer Transactions
Terms & Conditions
- For Accounts maintaining an AQB less than required product AQB as of previous quarter will be charged ₹25 each for next 3 monthly statements
- All Free limits will lapse if AQB maintained is less than 75% of required Product AQB
- GST as applicable will be levied
Glossary
- AQB - Average Quarterly Balance
- Mode of Calculation of AQB - Average of daily closing balances of each day spread over a period of 3 months (calendar quarter)
- NMC - Non maintenance Charges which are levied to the customer in case of non-maintenance of AQB