| Description of Charges | Institutional Current Account |
|---|---|
| Average Quarterly Balance (AQB) | NIL |
| Non-maintenance charges (per quarter/half yearly) | NA |
| Cash Transactions | |
| Cash Deposit Limit at any HDFC Bank Branch - Monthly Limit | Free up to ₹50 lakhs or 50 transactions per month (whichever is breached first); |
| Charges @ ₹4 per ₹ 1000, minimum ₹50 per transaction beyond free limits | |
| Cash deposit in low denomination notes i.e. ₹ 50 and below @ any HDFC Bank Branch (monthly) | Cash deposit in notes = Free up to ₹ 10,000/- per month, beyond free limit chargeable at 2% of cash deposit in low denomination notes (excluding 50 denomination note) |
| Cash deposit in coins = Free up to ₹ 5,000/- per month, beyond free limit chargeable at 2% of cash deposit in coins | |
| Operational Limit for Cash transactions at Non-Home Branch (per day) | ₹ 1,00,000/- |
| Cash Withdrawal Limit at Home Branch | Free |
| Cash Withdrawal Limit at Non-Home Branch (Daily Limit) | Free limit : ₹ 1,00,000/- per day; |
| chargeable @ ₹ 2/- per ₹ 1,000/-, | |
| minimum ₹ 50/- per txn beyond free limits | |
| Non - Cash Transactions / Other Charges | |
| Local / Intercity Cheque Collection/ | Free |
| Payments & Fund Transfer | |
| Bulk Transactions - Monthly | Free upto 300 txns |
| Charges @ ₹ 35 per transaction beyond free limits | |
| Cheque Leaves - Monthly | Free upto 500 cheque leaves |
| Charges @ ₹ 3/- per leaf beyond free limits | |
| Demand Drafts (DD)/ Pay Orders (PO) at Bank Location | Unlimited Free |
| Demand Drafts (DD)/ Pay Orders (PO) at Correspondent Bank location | Charges @ ₹ 2/- per ₹ 1000/- ; |
| minimum ₹ 50/- per instrument | |
| Demand Drafts (DD) / Pay Orders (PO) - Cancellation / Revalidation | Free |
| Outstation Cheque Collection at Clean Location | Free |
| ECS / ACH Return Charges (in a month) | Upto 3 returns - Rs. 350/- per instance; 4th return onwards - Rs. 750/- per instance |
| Standing Instructions - Set up and Rejection Charges (in a month) | Setup charges - Nil Rejection - Upto 3 returns - Rs 350/- per instance; 4th return onward Rs 750/- per instance |
| Cheque return charges drawn on HDFC bank/Fund Transfer Cheque Return Charges | For the first 2 instances -₹ 500 per instrument, 3rd instance and above -₹ 750 per instrument, Due to Technical Reasons - Free |
| Cheque Deposited - Return unpaid | ₹ 200 per instrument |
| One time Mandate Authorisation Charges | ₹ 40 per mandate |
| (Physical / Online) | |
| Interest Certificate / Balance Confirmation Certificate/ Photo Attestation / Signature Verification / Issue of Adhoc or Duplicate Statement at Non-IVR/Balance Enquiry - at Branch | Free |
| Issue of duplicate / adhoc statement - at branch | ₹ 100 per instrument |
| TDS Certificate / Address Confirmation | Free |
| Any Deliverable returned by courier due to negative reasons(no such consignee/ consignee shifted and no such address) | ₹ 50 per instance |
| Old Records / Copy of paid cheques | Free |
| Stop Payment Charges | Particular Cheque - Rs100/- (Free through Phone Banking) |
| Range of Cheques - Rs 200/- (Free through Phone Banking) | |
| IPIN Regeneration Charges (Physical Dispatch) | Free |
| 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 |
All fees and charges are exclusive of taxes. The charges mentioned in the tariff will attract Goods & Services Tax as applicable. The above-mentioned charges will remain same until further intimation.
Institutional Current Account - OD / Limit Variant
If you wish to avail Overdraft against Deposit/other limits in your Institutional Current account, Debit/ATM Card will not be offered in this case. All the remaining features and charges linked to this account will be similar to Institutional Current account.