SAVINGS ACCOUNTS

At HDFC Bank, we offer you 2 options for Savings Accounts. Take a look Non Resident External Non Resident Ordinary Savings Account (NRE) Savings Account (NRO) Purpose
Meant for foreign exchange earned outside India and transferred to India. Meant to keep the money you earn or acquire in India before and after becoming an NRI.

Currency
Indian Rupees Indian Rupees

Minimum account opening amount

INR 10,000 (Urban) INR 5,000 (Semi-Urban) INR 10,000 (Urban) INR 5,000 (Semi-Urban)

Interest Rate
4% p.a. 4% p.a.

Repatriation
The Principal and interest earned are fully repatriable RBI allows repatriation only up to one million USD per financial year for bonafide purposes (e.g. education, medical expenses etc)

Taxation
Interest earned is exempt from tax (i.e. tax- free) Interest is taxable under Indian income tax

Joint Account
This account can be held jointly with other non-resident Indian(s). This account can be held jointly with resident or non-resident Indian(s).

Mandate holders

An Indian resident can be authorized to operate the account and provided with an ATM card for the account

An Indian resident can be authorized to operate the account and provided with an ATM card for the account

Basic Savings Bank Deposit Account

Personal Products Accounts & Deposits Savings Accounts Basic Savings Bank Deposit Account

Looking for a Basic Savings Bank Deposit Account? Already have a Basic Savings Bank Deposit Account? Features
Free ATM card to access your account Free IVR based PhoneBanking* Four Free Cash withdrawal per month
*Conditions Apply Know more

Benefits

International Debit Card available on request Use NEFT funds transfer Safe Deposit Locker, Sweep-In and Super Saver *Conditions Apply Know more Click here for eligibility criteria.

Contact Us

Download application form

Nearest branch

Select State / City

Select State / City

Expand All What features and benefits are offered with a Basic Savings Bank Deposit Account?

You will get some exclusive features and benefits with your HDFC Bank Basic Savings Bank Deposit Account: Access a wide network of branches and ATMs across the country to meet all your banking needs. Free NetBanking for convenient banking. Use National Electronic Funds Transfer (NEFT) to transfer funds from your HDFC Bank account to any account in another Bank at locations specified by the RBI. Enjoy Free IVR based PhoneBanking (Agent assisted calls will be charged*). Get free quarterly account statements. Access your account with your free ATM Card. Enjoy free cash and cheque deposits at branches and ATMs. Get free cash withdrawals at any bank's ATM with your Debit Card*. Use 4 free cash withdrawals per month at branches. Additional cash withdrawals at branches in the month will be charged at Rs. 50 per transaction. Get an International Debit Card on request at your branch at Rs. 100 per annum (plus applicable rates). Get your first cheque book free and subsequent cheque books at Rs. 5 per leaf. Avail of our free InstaQuery facility. Use free BillPay, your instant solution to pay all your frequent utility bills. You can also give instructions for payments over the phone or through the Internet*. Get free InstaAlerts via email or SMS. Avail of Safe Deposit Locker, Sweep-In and Super Saver facilities. Get Free Email statements. Bank conveniently with facilities like NetBanking, Phonebanking and MobileBanking check your account balance, pay utility bills or stop cheque payments all via SMS. What are the eligibility criteria to open a Basic Savings Bank Deposit Account? Any resident individual (sole or joint) or Hindu Undivided Family can open a Basic Savings Bank Deposit Account. 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. What are the fees and charges applicable?

Description of Charges Minimum Balance (Average Monthly Balance)

Basic Savings Bank Deposit Account ZERO

Charges on non maintenance thereof Cheque Book

NA

1st PAP Chequebook free.Any cheque book intended subsequently will be charged at Rs5/- per cheque leaf.Available on demand. Monthly statements to be Collected from branch. Quarterly statements sent by post Branch - Rs 100/PhoneBanking ( Non IVR) - Rs.75/NetBanking, Mobile Banking, PhoneBanking - IVR & ATM - Rs 50/Rs. 400 per year Free Rs 100/-

Account Statements - Free

Issue of duplicate / adhoc statements

Hold Statement Passbook issuance* Duplicate passbook issuance* Managers Cheques/Demand Drafts- Issuance/Re-issuance On HDFC Bank Locations

DD request through Branch

Upto Rs.

Rs.50

10,000

Rs. 40 (Senior Citizens / Individuals in Rural areas) Rs. 30 through Phonebanking

Above Rs.10,000 & upto Rs. 50,000

Rs. 75/** (Rs. 30 through Phonebanking) Rs. 60 (Senior Citizens / Individuals in Rural areas) **Only DD amount upto Rs 100,000 for Preferred/Imperia & Rs 50,000 for other customers accepted at Phonebanking

Above Rs. 50,000 & upto Rs. 1 Lakh

Rs. 2.50 per 1000 or part thereof (Min Rs. 150)

Above Rs. 1 Lakh

Rs. 2 per 1000 or part thereof (Max Rs 10,000/-)

DD request through Netbanking

Upto Rs. 1 Lakh

Rs .30+(Corr. Bank charges if applicable)

Third party DD* upto Rs. 1 Lakhs

Rs .30+(Corr. Bank charges if applicable)

(*Third Party Registration required.Customers registered for Third Party Transfers have a maximum limit of 10 lacs per cust id and hence can issue multiple DDs of 1 lacs upto 10 lacs and send it to the beneficiary address)

Managers Cheque/Demand Drafts - Cancellation / Revalidation Demand Drafts- Issued - On Non HDFC Bank Locations

Rs. 50 Rs. 40 (Senior Citizens / Individuals in Rural areas)

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. 10,000

Rs. 3 per 1000 or

to Rs. 1 Lakh

part thereof

Above Rs. 1 Lakh

Rs. 6 per 1000 or part thereof (Min Rs 300 - to Max Rs 10,000/-)

Cheque Collection - Local Clearing Zone Collection of outstation cheques - our bank locations

Free

Charges for cheques drawn on Branch locations

Basic Savings Bank Deposit 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

Rs. 150/-

above

cheques drawn on Speed Clearing Branches

Basic Savings Bank Deposit Account

Upto Rs. 1,00,000

No charges

Rs. 1,00,001/- and above

Rs. 140 /- per instrument

Collection of outstation cheques - other locations

Charges for cheques drawn on Non-Branch locations

Basic Savings Bank Deposit 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/-

cheques drawn on Speed Clearing Branches

Basic Savings Bank Deposit Account

Upto Rs. 1,00,000

No charges

Rs. 1,00,001/- and above

Rs. 140 /- per instrument

Cheque return charges drawn on us - Local

Due to Insufficient funds First cheque return in a quarter - Rs 350/From second cheque return in the same quarter Rs 750/- per return

Due to technical reasons ( eg. - Date not mentioned, post dated, sign mismatch, etc ) - No charge

Cheques deposited returned unpaid Balance Enquiry - at Branch Balance Certificate

Charge of Rs 100/- per instance.

Free Current year - Free, Previous year Rs. 50

Interest Certificate TDS Certificate Account Closure

Rs. 50 Free Upto 14 days - Nil 15 days upto 6 months - Rs 500/6 months upto 12 months - Rs 500/Beyond 12 months - Nil Rs 100/- per instance Rs 100/- per instance Rs 50/- per instance Particular Cheque - Rs. 50 (Free through Phonebanking and NetBanking), Range of Cheques Rs. 100 (Free through Phonebanking and Net banking) Setting up Rs. 150, Rs. 25 per transcation plus remittance charge NA Upto 1 year - Rs. 50 per record,

Photo Attestation Signature Attestation Address Confirmation Stop Payment Charges

Standing Instructions

Unarranged overdraft Old records/copy of paid

cheques Activation of dormant account Interbranch transactions through teller counters - Cash transactions. (by self at home & non home branches, and third party at home branch) Third party cash transactions at non-home branches through teller counters Local Cheque deposited for outstation accounts Phonebanking - IVR Phonebanking - Non IVR

Above 1 year - Rs. 100 per record No charges - Cash transaction value upto Rs. 50,000/ per day - No charge - Above Rs. 50,000/- Rs 5/- per 1,000/- on the full amount

Upto a limit of Rs.50,000 per day Rs.100 (plus taxes). Above Rs.50,000 - Not allowed No Charge

Free

Rs. 50 per call (Agent assisted calls).

ATM Card ATM Card - Replacement charges Debit Card - Annual Fee -

Free Rs. 100 (plus taxes)

Rs. 100 per year (plus taxes)

Regular Debit Card - Annual Fee - Gold Debit Card - Annual Fee Women's Card Debit Card - Renewal Fee Regular Debit Card - Renewal Fee - Gold Debit Card - Renewal Fee Women's Card Debit Card - Replacement charges Rs. 500 per year (plus taxes) Rs.100 per year (plus taxes)

Rs. 100 per year (plus taxes)

Rs. 500 per year (plus taxes) Rs.100 per year (plus taxes)

Replacement of a damaged card No charges & Replacement of a lost card - Rs. 100 (plus taxes) (for all card types) Rs. 15 per balance enquiry & Rs. 110 per cash withdrawal (plus taxes)

Debit Card - Transaction Charge - Non HDFC Bank International ATMs PIN regeneration charge Decline charge for insufficient balance

Rs. 50(plus taxes) 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) Add-on Debit Card - Regular Add-on Debit Card - Gold Card Add-on Debit Card - Women's Card BillPay Rs. 100 per year (plus taxes) Rs. 500 per year (plus taxes) Rs. 100 per year (plus taxes)

This service is free w.e.f 1st August'2011 Rs. 10 (plus taxes) per transaction Free Rs. 20 (plus taxes) per transaction NIL

InstaPay InstaAlert Visa Money Transfer NEFT Charges - Inward NEFT Charges- outward

Amounts up to Rs. 10,000 - Rs.2.5 (exclusive of taxes) per transaction Amounts from Rs.10,001 to Rs.1 lakh - Rs. 5 (exclusive of taxes) per transaction

Amounts above Rs. 1 lakh up to Rs. 2 lakh - Rs. 15 (exclusive of taxes) per transaction Amounts above Rs.2 lakh Rs.25 (exclusive of taxes) per transaction 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

NEFT Charges for Indo Nepal transactions

RTGS - Outward

Above Rs. 2 Lakhs to 5 Lakhs - Rs. 25 (inclusive of taxes) per transaction Above Rs 5 Lakhs - Rs. 50 (inclusive of taxes) per transaction NIL Free Free - Rs 350/- would be levied on first instance of ECSreturn in a quarter. - Rs 750/- would be levied, second instance onwards in the same quarter.

RTGS - Inward Mobilebanking Netbanking ECS (Debit) Return Charges

Cash transactions (Cash deposits & withdrawals)

4 free cash withdrawal transaction at branches Additional transactions at Rs 50/per transaction (plus taxes) Cash Deposits - unlimited free

ATM / Debit Card - Transaction charge - non HDFC Bank Domestic ATMs

Free for first 5 transactions in a month From 6th transaction onwards - Cash withdrawal - Rs. 20/transaction (inclusive of taxes) Non-Financial Transaction - Rs. 8.5/transaction (exclusive of taxes) per transaction

Click here to view charges applicable before 1st January 2012 *at home branch for account holders (individuals) Effective 1st April 2012, all fees and charges, mentioned in the Tariff of charges, will attract Service Tax @12% and Education Cess @3% of the Service Tax amount