Current Account for Hospitals and Nursing Homes Fees & Charges

Fees and Charges of Current Account for Hospitals and Nursing Homes

Description of Charges Current Account for Hospitals and Nursing Homes
Average Quarterly Balance (AQB) ₹40,000
Non Maintenance Charges ₹2,400 per quarter, if AQB below ₹40,000
Mode of calculation of minimum average quarterly balance Average of daily closing balances of each day spread over 3 months.
Cheque leaves (Payable at Par) - Free Limit
(Customers can request a maximum of 100 cheque leaves through net banking. For requests above 100 cheque leaves, customers need to visit the branch.)
200 leaves per month
Charges beyond free limit ₹2 per cheque leaf
Account Statement Free (Monthly)
Duplicate/Ad Hoc Statement
Requests through direct banking channels ₹50 per statement through ATM/mobile Banking/net banking and Phone Banking (IVR)
At branch or phone banking (Non-IVR) ₹100 per statement through branch; ₹75 per statement through phone banking (non-IVR)
Hold Statement Facility ₹400 per year
Demand Draft / Pay Order Remittance Facility
Demand Drafts (DDs) payable HDFC Bank locations (Issued from any branch) / Duplicate DDs Up to 30 free Demand Drafts per month.
Above 30 DDs: ₹25 per DD
Pay Orders (POs) - on HDFC Bank locations (Issued from Any Branch) / Duplicate (POs) Up to 30 free (POs) per month.
Above 30 POs: ₹25 per PO
Issue of Demand Drafts (DDs)/ Duplicate DDs (correspondent tie-up) ₹2 per ₹1,000, minimum ₹50 per transaction
DD/PO cancellation/ revalidation ₹100 per instrument
NEFT/EFT transactions
Payments (At branch) Up to ₹10,000: ₹2.50 per transaction 
₹10,001 to ₹1 lakh: ₹5 per transaction
₹1 lakh to ₹2 lakh: ₹15 per transaction
Above ₹2 lakh: ₹25 per transaction
*plus applicable taxes.
Collections Free
RTGS transactions
Payments (At branch) ₹2 lakh to ₹5 lakh: ₹25 per transaction.
₹5 lakh and above: ₹50 per transaction.
*plus applicable taxes.
Collections Free
NEFT/RTGS payments are free through net banking
Local transactions (at home branch locations)
Local cheque collection and payment Free
Account to account fund transfer within HDFC bank Free
Anywhere transactions (Except Dahej)
Account to account fund transfer within HDFC bank location Free
Clearing Transactions – Payments at all HDFC bank location Free
Clearing Transactions – Collections at all HDFC bank location Free
Bulk transactions Maximum of 150 transactions per month.
Beyond 150 charges: ₹10 per transaction would be levied.
*inclusive of all local/anywhere clearing and funds transfer transactions.
Outstation Cheque Collection
Outstation cheque collection at bank location Up to ₹1lakh: ₹25 per instrument
Above ₹1lakh up to ₹2 lakh: ₹50 per instrument
Above ₹2lakh up to ₹3lakh: ₹100 per instrument
Above ₹3lakh: ₹150 per instrument
Outstation cheque collection at correspondent bank location and clean location (non-correspondent bank location) and non-MICR cheque Up to ₹25,000: ₹50 per instrument
Above ₹25,000 up to ₹1 lakh: ₹100 per instrument
Above ₹1 lakh: ₹150 per instrument
Cheque Collections through Speed Clearing Up to ₹1 lakh: NIL
Above ₹1 lakh: ₹40 per instrument
Bouncing of cheques, local 
cheques drawn on us
Due to insufficient funds Up to 2 instruments per month: ₹500 per instrument; On 3rd instrument onwards - ₹750 per instrument
Due to technical reasons No charge
Cheques Deposited Returned Unpaid Local Cheque: ₹100 per instrument and outstation cheque: ₹150 per instrument
Doorstep Banking
Cash pick-up services (within municipal city limits)
Cash pick-ups to ₹1 lakh ₹150 per pick-up
Cash pick-ups beyond ₹1 lakh up to ₹2 lakh ₹200 per pick-up
Cash pick-ups beyond ₹2 lakh up to ₹3 lakh ₹300 per pick-up
Cash beyond the above limits can be offered. For further details on charges please contact your branch manager
Cash transactions
Cash deposit
Cash deposit at home branch location Up to ₹10 lakh free per month or 50 transactions whichever is less.
Deposits over ₹10 lakh or 50 transactions will be charged at ₹3 per ₹1,000, minimum ₹50 per transaction.
Limit on Inter-branch deposits (within home branch city) Cash deposits at non-home branches within the home branch city are subject to a maximum of ₹1 lakh per account per day.
Cash deposit non-home location Charges at ₹3.50 per ₹1,000, minimum ₹50 per transaction.
Maximum deposit allowed up to ₹1lakh per day.
Free Cash deposit limit will lapse for the accounts where AQB/AMB/HAB maintained is less than 75% of required product AQB/AMB/HAB i.e. Customers will be charged from the 1st transaction for cash deposit.
Cash withdrawal
Cash withdrawal-home branch Free
Cash withdrawal-non home branch - Inter-city and Intra-city Free cash withdrawals up to ₹50,000 per day
Charges at ₹2/1000, min ₹50 per transaction, beyond the limit.
Third-party cash withdrawal is allowed only up to a maximum ₹50,000 per transaction.
Miscellaneous
Balance inquiry ₹25
TDS certificate Free
Balance confirmation certificate ₹50
Interest certificate ₹50
Cheque status per instance ₹25
Photo Verification charges ₹100
Address confirmation charges ₹100
Signature Verification charges ₹100
Setting up of standing instructions Nil
Hold statement facility ₹400 per year
Any deliverable returned by courier due to negative reasons (no such consignee shifted and no such address) ₹50 per instance
SI rejects Up to 3 returns: ₹350 per instance
4th return onward: ₹750 per instance
ECS (Debit) return charges, quarterly charges. Up to 3 returns: ₹350 per instance
4th return onward ₹750 per instance
Old Records / Copy of Paid Cheque
Up to 1 year ₹50 per record
Above 1 year ₹100 per record
Common charges for debit/ATM cards
Replacement of damaged card Free
Replacement of lost card ₹200
Copy retrieval request ₹100
Re-issuance of PIN ₹50 plus taxes
ATM Usage:
Transaction Type Balance Inquiry Cash Withdrawal
HDFC Bank ATMs Free Free
Non-HDFC Bank ATMs
Domestic On all transactions, financial and non-financial, charges applicable at ₹20 per transaction
International*
*The bank will charge a cross-currency mark-up of 3.5% on foreign currency transactions carried out on debit cards. The exchange rate used will be the VISA/MasterCard wholesale exchange rate prevailing at the time of transaction. ₹25 per transaction ₹125 per transaction
Stop payment charges
Particular cheque ₹100 (Free through phone banking)
Range of cheques ₹250 (Free through phone banking)
Account Closure Charges
Up to 14 days Nil
15 days to 6 months ₹1000
6 months -12 months ₹500
More than 12 months Nil
Transactions through phone banking
Fax of last 9 transactions statement free through phone banking Free
Interactive voice response (IVR) and agent assisted Free
Regeneration of phone banking (TIN) at branch or phone banking ₹50 per request
Charges on all IMPS Outgoing transactions:
Slabs (₹) Charges Exclusive of GST (₹)
Up to 1 lakh 5
1lakh to 2 lakh 15
Debit card Business EasyShop
  Regular Gold Woman’s
Annual fee per card ₹250 annually ₹100 annually ₹500 annually ₹100 annually
Daily ATM limit ₹50,000 ₹25,000 ₹50,000 ₹25,000
Daily merchant establishment Point-of-sale limit ₹75,000 ₹40,000 ₹75,000 ₹40,000

All charges are exclusive of GST as applicable from time to time

  • $ available at select locations. You need to register with the bank to avail of these services. Please contact your branch manager for further details.

  • Accounts with AQB less than ₹ 40,000 as of the previous quarter will be charged ₹25 each for the next 3 monthly statements.

  • Available for Partnership firms and limited company current accounts which have operating instructions as 'Singly'

Frequently Asked Questions

There are certain fees and charges associated with the Current Account for Hospitals and Nursing Homes, click here to know more.