Current Account for Professionals Fees & Charges

Fees and Charges of Current Account for Professionals

 

Features Current Account for Professionals
Average Quarterly Balance (AQB) ₹10,000
Non-Maintenance Charges (per quarter) ₹1,500
 
Cash Transactions
Combined Cash Deposit Limit at any HDFC Bank branch (monthly)

Deposit up to ₹10 lakh cash free per month or
25 transactions (whichever is breached first) at
any HDFC Bank branches


Charges: ₹3.5 per ₹1,000 minimum ₹50 per
transaction beyond free limits
Cash deposit in low denomination notes i.e.
₹50 and below at any HDFC Bank Branch
(monthly)

Cash deposit in notes: Free up to ₹10,000 per
month, beyond free limit chargeable at 2% of a
cash deposit.


Cash deposit in coins: Free up to ₹1,000 per
month, beyond free limit chargeable at 5% of a
cash deposit.
Operational Limit for cash deposit at the non-home branch (per day) ₹1lakh
Cash withdrawal limit at the home branch Free
Cash withdrawal limit at the non-home branch

No free limit


Charges: ₹2 per ₹1,000, minimum ₹50 per
transaction

Non - Cash Transactions

Local / Intercity Cheque Collection/Payments and Fund Transfer Free
Demand Drafts (DD) / Pay Orders (PO)
at bank location		 Free up to 30 DD / PO each per month
Demand Drafts (DD) at correspondent bank location Charges: ₹2 per ₹1,000
Minimum ₹50 per instrument.
Cheque Leaves - monthly free limit Free up to 50 cheque leaves
Charges: ₹3 per leaf beyond free limits
Speed Clearing
(per instrument charges)		 Up to ₹1 lakh: NIL
Above ₹1 lakh: ₹140
Outstation cheque collection at bank
location (per instrument charges)		 Up to ₹50,000: ₹50
₹50,001 to ₹1 lakh: ₹100
Above ₹1 lakh: ₹150
Outstation cheque collection
Correspondent Bank Location
(per instrument charges)		 Up to ₹25,000: ₹50
₹25,001 to ₹1 lakh: ₹100
Above ₹1 lakh: ₹150
Outstation cheque collection at clean
location
(per instrument charges)		 Up to ₹25,000: ₹50
₹25,001 to ₹1 lakh: ₹100
Above ₹1 lakh: ₹150
Bulk transactions: Count of all cheque
clearing and fund transfer transactions		 Free up to 75 transactions
Charges: ₹30 per transaction beyond free limits 

Electronic Transactions

NEFT payments Up to ₹1 lakh: ₹2
Above ₹1 lakh: ₹10
(Free through NetBanking)
RTGS payments Above ₹2 lakh: ₹15
(Free through NetBanking)
IMPS Payments ₹0 - ₹1,000: ₹3.5
₹1,001 - ₹1 lakh: ₹5
₹1 lakh to ₹2 lakh: ₹15
NEFT / RTGS / IMPS Collections Free

Debit Card (Only for Individuals and Sole Proprietorships)

Features EasyShop Business* ATM Card
Annual Fee per card ₹250 Free
Daily ATM limit ₹1 lakh ₹10,000 
Daily Merchant Establishment
Point of Sale limit		 ₹5 lakh NA
*Also available for partnership firms and limited company current accounts. In case, the
MOP (Mode of Operation) is conditional, all AUS (Authorized Signatories) must sign the
form jointly.

Note:

  • ATM cash withdrawal limit is capped at ₹50,000/day and ₹10 lakh/month for the first 6 months from the Account opening date.     
  • For accounts older than 6 months, the ATM cash withdrawal limit is capped at ₹2 lakh/day and ₹10 lakh/month, effective immediately.   

ATM Usage

ATM Transactions at HDFC Bank
ATM		 Unlimited Free
ATM Transactions - Financial and Non-
Financial at non-HDFC Bank ATM)

Maximum of 5 transactions free in a month with a cap of a maximum of 3 free transactions in top 6 cities.


Charges beyond free limits: ₹20 per transaction.


-Transactions done in Mumbai, New Delhi,
Chennai, Kolkata, Bengaluru and Hyderabad
ATMs will be considered as Top 6 cities


-Revised tariff of ₹21 per transaction will be
applicable from January 01, 2022.
   

Account Closure Charges

Closure: Up to 14 days No Charge
Closure: 15 days to 6 months ₹500
Closure: 6 months to 12 months ₹250
Closure: Beyond 12 months No Charge

Frequently Asked Questions

No, the Current Account for Professionals is not free.

There are certain fees and charges associated with the Current Account for Professionals.