Biz Elite+ Account Fees and Charges

 

Features Biz Elite+ Account
Average Quarterly Balance (AQB) Metro & Urban – ₹5 lakh
Semi-Urban & Rural – ₹2.5 lakh
Non-Maintenance Charges (per quarter) Metro & Urban – ₹8,000
Semi-Urban & Rural – ₹4,000
Zero NMC Criteria* Zero NMC, if Quarterly Credit Volume through ME/PG/MPOS is ≥ ₹15 lakh


Note: 

Free limits across Cash Deposit / Cash Withdrawal / Total Transactions / Cheque Leaves / DD & PO will lapse if the AQB maintained is less than 75% of the required product AQB. 
* Zero NMC Charges for the second quarter of account opening if the customer is digitally active. Digital activation includes Debit Card Activation (on ATM or POS), Bill Pay usage and NetBanking or MobileBanking activation within the first 2 months of account opening.

Download Fees & Charges effective 1st August 2025

Cash Transactions
Type Details
Combined Cash Deposit at Home Location, Non-Home Location & Cash Recycler Machines** (Monthly Free Limit) Free up to ₹75 lakh per month or 15× Current Month AMB (whichever is higher), capped at ₹75 crore.
Beyond free limits: ₹4 per ₹1,000 (min ₹50 per transaction)
Cash deposit in low denomination coins and notes i.e. ₹20 and below @ any HDFC Bank Branch Cash deposit in notes = Chargeable at 4% of cash deposit in low denomination notes 

Cash deposit in coins = Chargeable at 5% of cash deposit in coins
Operational Limit for Cash Deposit (Non-Home Branch per day) ₹5 lakh
Cash Withdrawal – Home Branch Unlimited Free
Cash Withdrawal – Non-Home Branch (Monthly Free Limit*) Free up to 15× Current Month AMB (capped at ₹75 crore);
Beyond limit: ₹2 per ₹1,000 (min ₹50 per transaction)
Daily Third-Party Cash Withdrawal (Non-Home Branch) ₹50,000 per transaction

 

Non-Cash Transactions
Type Details
Local & Intercity Cheque Collection/Payments & Fund Transfer Free
Total Transactions* (Monthly Free Limits) Unlimited free
Demand Drafts/Pay Orders (at Bank Location) Unlimited Free
Demand Drafts (Correspondent Bank Location) Free up to ₹30 lakh/month; then ₹1.50 per ₹1,000 (min ₹50 per instrument)
Cheque Leaves – Monthly Free Limit Unlimited Free
Outstation Cheque Collection at Clean Location (per instrument) Up to ₹5,000: ₹25/-
₹5,001 - ₹10,000: ₹50/-
₹10,001 - ₹25,000: ₹100/-
₹25,001–₹1 lakh: ₹100/-
Above ₹1 lakh: ₹150/-
*Total Transactions includes the count of Cash Deposit, Cash Withdrawal, Cheque Clearing, and Fund Transfer Transactions.

 

Electronic Transactions
Type Details
NEFT Payments Free via Branch & NetBanking
RTGS Payments Free via Branch & NetBanking
IMPS Payments Free
NEFT / RTGS / IMPS Collections Free

 

Debit Cards (Only for Individuals and Sole Proprietors)
Card Type Easyshop Business* ATM Card
Annual Fee per card Free Free
Daily ATM Limit ₹1,00,000 ₹10,000
Daily Merchant POS Limit ₹5,00,000 Not Applicable

 

*Also available for partnership firms & limited companies' Current Accounts. If the Mode of Operation (MOP) is conditional, all Authorised Signatories must sign the form jointly.

*For security, the ATM cash withdrawal limit is capped at ₹0.5 lakh/day and ₹10 lakh/month for the first 6 months from account opening. For accounts older than 6 months: ₹2 lakh/day and ₹10 lakh/month. Implemented immediately.

ATM Usage
Transaction Type Non-Financial Financial
HDFC Bank ATMs Free Free
Domestic (Non-HDFC Bank ATMs) – Max 5 free/month (max 3 in top 6 cities: Mumbai, Delhi, Chennai, Kolkata, Bengaluru, Hyderabad)
Charges beyond free limit: ₹23 per transaction
International* ₹25 per transaction ₹125 per transaction

 

*Transaction decline charge due to insufficient funds at other banks’ ATM or merchant outside India – ₹25 per transaction

Update: Effective 1st April 2026, UPI cash withdrawals at ATMs/CRMs are included as part of monthly free ATM transaction limits. Post completion of free limit, Rs. 23+taxes per transaction will apply.

Account Closure Charges  
Closure Period Charge
Up to 14 Days No Charge
15 Days to 6 Months ₹2,000
6 Months to 12 Months ₹1,000
Beyond 12 Months No Charge

 

Fees & Charges (Past Records)

Download Fees & Charges effective from 1st April, 2025

Click here to learn more about the HDFC Bank Biz Elite+ Account

Disclaimer: Terms and conditions apply. HDFC Bank Biz Elite+ Account approvals are at the sole discretion of HDFC Bank Limited and are subject to documentation and verification as per the Bank's requirements. Interest rates are subject to change. Please check with your RM or the closest bank branch for current interest rates.

Frequently Asked Questions

For the Biz Elite+ Account, the AQB is ₹5 lakh in metro and urban areas, and ₹2.5 lakh in semi-urban and rural areas. Maintaining this balance helps avoid non-maintenance charges and enjoy full account features.

If AQB is not maintained, Biz Elite+ Account holders in metro/urban areas pay ₹8,000 per quarter, while those in semi-urban/rural areas pay ₹4,000 per quarter as non-maintenance charges.

To avoid non-maintenance charges on your Biz Elite+ Account, ensure a quarterly credit volume of ₹15 lakh or more via ME, PG, or MPOS, or stay digitally active in the second quarter post-opening.

A Biz Elite+ Account is digitally active when the user activates the debit card at an ATM/POS, uses bill pay, and has either NetBanking or MobileBanking active within the first two months of account opening.

Biz Elite+ Account holders enjoy free cash deposits up to ₹75 lakh or 15 times the current month's AMB, whichever is higher. Charges beyond the limit are ₹3.5 per ₹1,000, with a minimum of ₹50 per transaction.

For Biz Elite+ Accounts, deposits in ₹50 and lower denominations are free up to ₹10,000 monthly. Additionally, a 2% charge is applied to the deposit amount. Coin deposits are free up to ₹1,000; 5% is charged thereafter.

Biz Elite+ Account holders can deposit up to ₹5 lakh per day at non-home branches. This helps ensure convenient business operations across different branch locations without immediate fees within the set limit.

Biz Elite+ Account holders can withdraw cash up to 15 times the current month’s AMB for free at non-home branches. Beyond this, a fee of ₹2 per ₹1,000 applies, with a minimum charge of ₹50 per transaction.

The Biz Elite+ Account allows daily third-party cash withdrawals up to ₹50,000 per transaction at non-home branches. This ensures secure handling of funds by authorised representatives outside the home branch.

No, cheque collections (local/intercity), fund transfers, and cheque payments are completely free for Biz Elite+ Account holders, supporting smooth, high-volume business transactions without extra fees.

Biz Elite+ Account holders get unlimited free Demand Drafts and Pay Orders at HDFC Bank locations. At correspondent bank locations, drafts are free up to ₹30 lakh monthly. Beyond that, charges apply at ₹1.50/₹1,000.

Yes, Biz Elite+ Account users can send and receive NEFT, RTGS, and IMPS payments completely free, whether done via branch, NetBanking, or MobileBanking. This feature supports seamless, cost-effective digital transactions.

The Biz Elite+ Account provides an EasyShop Business debit card with no annual fees. The card includes ₹1 lakh ATM and ₹5 lakh POS daily limits, offering convenient access to funds for individual and sole proprietors.

With the Biz Elite+ Account, HDFC Bank ATM transactions are free. For non-HDFC domestic ATMs, up to 5 monthly transactions are free (max 3 in top 6 cities). Extra usage costs ₹21, rising to ₹23 from May 2025.

Biz Elite+ Account closure is free within 14 days or after 12 months. Closing between 15 days to 6 months costs ₹2,000; from 6 to 12 months, the fee is ₹1,000. Timing your closure helps avoid charges.