| Features | Institutional Current Account | |
|---|---|---|
| Average Quarterly Balance (AQB) Average Half Yearly Balance (HAB) |
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 @ ₹3.5 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) |
1. Cash deposit in notes: Free up to ₹ 10,000/- per month, beyond free limit chargeable at 2% of cash deposit in low denomination notes 2. Cash deposit in coins: Free up to ₹ 1,000/- per month, beyond free limit chargeable at 5% 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/ Payments & Fund Transfer |
Free |
| Bulk Transactions - Monthly Free Limit | Free upto 300 txns Charges @ ₹ 30 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 |
| ACH Return Charges (in a month) | For the first 3 transactions - ₹ 350 per transaction; 4th transaction and above - ₹ 750 per transaction |
| Standing Instructions - Set up and Rejection Charges (in a month) |
Set up - Nil; Rejection: Upto 3 returns - ₹ 350/- per instance, 4th return onward - ₹ 750/- per instance |
| Inward Cheque Return (in a month) | For the first 2 instances - ₹ 500 per instrument, 3rd instance and above - ₹ 750 per instrument, Funds Transfer Cheque Return - ₹ 350 per instrument, Due to Technical Reasons - Free |
| Cheque Deposited - Return unpaid | ₹ 200 per instrument |
| One time Mandate Authorisation Charges (Physical / Online) |
₹ 40 per mandate |
| Interest Certificate / Balance Confirmation Certificate/ Photo Attestation / Signature Verification / Issue of Adhoc or Duplicate Statement at Branch | Free |
| 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 - ₹ 100, (Free through Phone Banking) Range of Cheques - ₹ 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 |
| Fees & Charges (Past Records) | |
| 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 |