Biz Lite+ Account - Eligibility

 

You are eligible to open a Biz Lite+ Account if you fall under the following criteria:

  • Resident Individual

  • Hindu Undivided Family

  • Sole Proprietorship Firms

  • Partnership Firms

  • Limited Liability Partnership Firms

  • Private and Public Limited Companies

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

Disclaimer: Terms and conditions apply. HDFC Bank Biz Lite+ 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

The Biz Lite+ Account offers a combined monthly free cash deposit limit of up to ₹2 lakh or 6 times the current month’s Average Monthly Balance (AMB), whichever is higher, capped at ₹10 crore.

Yes, unlimited cash withdrawals at your home branch are free, while withdrawals at non-home branches are free up to 6 times the current month’s AMB, subject to a maximum limit of ₹10 crore per month.

You get up to 50 cheque leaves per ₹1 lakh of your current month’s AMB, with a maximum cap of 1000 cheque leaves monthly.

Yes, it offers up to 30 free demand drafts or pay orders per ₹1 lakh of the current month's AMB, with a maximum limit of 1,000 per month.

You can perform up to 100 free transactions for every ₹1 lakh of your current month’s AMB, capped at 2000 transactions monthly.

Yes, all NEFT and RTGS payments and collections made via NetBanking are free of charge.

The account includes complimentary shopkeeper insurance up to ₹3,00,000 and cyber insurance coverage up to ₹2,00,000.

By maintaining a quarterly transaction volume of ₹3 lakh or more through POS, SmartHub Vyapar App, or Payment Gateway, you can unlock the balance commitment waiver.

Yes, if your transaction volume through Soundbox reaches ₹1,00,000 per month, you will receive a waiver on its monthly rental charges.

The account offers an annual fee waiver for the Business Credit Card in the first year, provided you meet the spending criteria.

You can enjoy up to 5% savings on tax payments made using the Business Debit Card linked to the Biz Lite+ Account.

It offers multiple digital payment solutions, including ME, MPOS, MEAPP, BHIM UPI, Bharat QR, and Payment Gateway, with zero non-maintenance charges when meeting certain quarterly transaction volumes.

You get access to NetBanking for Business with bulk payments, invoice creation, GST filing automation, and integration with accounting software like Tally and Zoho.

Yes, through SmartGateway Payment Link, you can send payment links via SMS or email and track payments with analytics on a dedicated dashboard.

The account offers free cheque pick-up, doorstep cash collection in select locations, multiple banking channels, instant alerts, bill pay, standing instructions, and benefits on the Business Debit Card, including cashback and travel insurance.