Know Basic Savings Bank Deposit Account Farmers Fees and Charges

Description Charges
Minimum Average Balance Requirements NIL
Charges Applicable on Non-Maintenance NA
Cheque Book Free
Issue of Duplicate/Ad Hoc Statements -
Soft Copy No charge
Last 5 years statement through NetBanking No charge
eStatement on registered E-mail ID No charge
Physical copy  
Branch ₹100
PhoneBanking (Non IVR) ₹75
PhoneBanking (IVR), NetBanking, MobileBanking, & ATM ₹50
For Senior Citizen  
Branch ₹50
PhoneBanking (Non IVR) ₹50
PhoneBanking (IVR), NetBanking, MobileBanking, & ATM ₹30 (effective July 1, 2013)
Passbook issuance Free
Duplicate passbook issuance ₹100
Managers cheques/demand drafts - Issuance/re-issuance Free (As per specified limit in withdrawals section)
Managers cheque/demand drafts - Cancellation/revalidation ₹100 (Nil charges up to ₹1,000, effective January 1, 2016)
Demand drafts issued - At non HDFC Bank locations Free (As per specified limit in withdrawals section)
Cheque collection - Local clearing zone Free
Collection of outstation cheques - Our bank locations Charges for cheques drawn on Branch locations
Regular Savings Account  
Up to ₹5,000 ₹25, ₹20 for rural branches/senior citizens account
₹5,001 to ₹10,000 ₹50, ₹40 for rural branches/senior citizens account
₹10,001 to ₹1 lakh ₹100
Above ₹1 lakh ₹150
Cheques drawn on Speed Clearing Branches - at non-CTS locations Regular Savings Account
Up to ₹1 lakh No charges
Above ₹1 lakh ₹140 per instrument
Cheques drawn on Speed Clearing Branches - at CTS locations No charge
Cheque return charges drawn on us - Local  
Due to insufficient funds Each cheque return will be charged for ₹500, effective December 1, 2017
Charges due to funds transfer cheque return ₹350
Due to technical reasons ₹50 per instance
Cheques deposited - Returned Unpaid ₹200 per instance, effective December 1, 2017
Balance enquiry - At branch Free
Balance certificate Current year - Free; previous year - ₹50
Interest certificate ₹50 per instance
TDS certificate Free
Account Closure (from account opening date)  
Up to 14 days Nil
15 days up to 12 months ₹500, ₹300 for Senior Citizens)
Beyond 12 months Nil, effective July 1, 2013
Photo attestation ₹100 per instance
Nil for Senior Citizens, effective July 1, 2013
Address confirmation ₹50 per instance
Stop payment (request from customer not to honour cheque issued) charges  
Particular cheque ₹100 (free through NetBanking)
Range of cheques ₹200 (free through NetBanking)
Standing Instructions ₹25 per transaction plus remittance charge, effective July 1, 2013
Unarranged overdraft ₹100 per occasion plus 18% interest pa
Old records/copy of paid cheques  
Up to 1 year ₹50 per record
Above 1 year ₹100 per record
Activation of dormant account No charges
All Withdrawals & Deposits at Branch (Home/Non Home) Unlimited Deposits allowed; Free withdrawals up to 4 per month through various methods
Local cheque deposited for outstation accounts No charge
PhoneBanking - IVR/Non IVR Free
ATM card Free
ATM card - Replacement charges ₹200 (plus taxes as applicable) effective December 1, 2014
Debit Card Charges  
Rupay Debit Card Issuance Free
Replacement/Reissuance Charges for Debit Cards ₹200 plus applicable taxes, effective December 1, 2016
ATM/Debit Card Transaction Charge Free
Debit Card PIN regeneration charge ₹50 (plus taxes as applicable)
Decline charge for insufficient balance ₹25 per transaction (plus taxes as applicable)
BillPay Free
InstaPay ₹10 (plus taxes as applicable) per transaction
Visa Money Transfer Free
NEFT Charges - Inward Free
NEFT Charges - Outward (online mode) Free, effective November 1, 2017
NEFT Charges - Outward (Branch) Free (As per specified limit in withdrawals section)
NEFT Charges for Indo-Nepal transactions Free (As per specified limit in withdrawals section)
RTGS - Outward (online mode) Free (As per specified limit in withdrawals section)
RTGS - Outward (Branch) Free (As per specified limit in withdrawals section)
RTGS - Inward Free
IMPS (Immediate Payment Service) – Outward Free (As per specified limit in withdrawals section)
IMPS (Immediate Payment Service) - Inward Free
MobileBanking Free
NetBanking Free
ECS/ACH (Debit) Return Charges ₹500 plus taxes per instance
Deliverable returned by courier ₹50 per instance
TIN re-generation ₹50 per instance
IPIN re-generation ₹100 per instance
Standing Instruction Rejects ₹200 per instance
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Click here for Terms and Conditions

Frequently Asked Questions

Yes, the Basic Savings Bank Deposit Account for Farmers incurs certain fees and charges including IPIN regeneration, TIN re-generation, standing instruction rejects, and more.

No, it is not. Like all Savings Accounts, the interest income earned on the Basic Savings Bank Deposit Account Farmers is eligible for taxation as per Indian Income Tax laws.

HDFC Bank does not levy a monthly fee on the Basic Savings Bank Deposit Account for Farmers. However, an annual account maintenance fee, as well as charges for specific services requested by the account holder may apply.