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Fees and Charges of Max Advantage Current Account

Enclosed below are HDFC Bank Max Advantage Current Account fees and charges

 

Features Metro and Urban Semi Urban and Rural
Average Quarterly Balance (AQB) ₹ 5,00,000 ₹ 2,50,000
Non-Maintenance Charges (per quarter) ₹ 8,000 ₹ 4,000

 

Note: Free limits across Cash Deposit / Withdrawal / Total Transactions / Cheque leaves / DD & PO will lapse if AQB maintained is less than 75% of required product AQB.
Download Fees & Charges effective 1st August’2025

 

Cash Transactions

 

Features Details
Combined Cash Deposit at Home Location, Non-Home Location & Cash Recycler Machines** (Monthly Free Limit) Free up to 12 times of Current Month AMB (Upper Cap - ₹75 Crore) at any HDFC Bank Branch / Cash Recycler Machines; Beyond free limits, standard charges @ ₹4 per ₹1000, minimum ₹50 per transaction
Cash deposit in low denomination coins and notes i.e. ₹20 and below @ any HDFC Bank Branch (Monthly) Cash deposit in notes = Nil free limits; chargeable at 4% of cash deposit in low denomination notes Cash deposit in coins = Nil free limits; chargeable at 5% of cash deposit in coins
Operational Limit for Cash Deposit @ Non-Home Branch (Per Day) ₹ 5,00,000
Cash Withdrawal Limit @ Home Branch Free
Cash Withdrawal Limit @ Non-Home Branch (Monthly)

Free: 12 times of Current Month AMB (Upper Cap – ₹ 75 crores)

Charges: ₹ 2 per ₹ 1,000 (Min ₹ 50 per transaction) beyond free limit
Daily Third-Party Cash Withdrawal Limit @ Non-Home Branch ₹ 50,000 per transaction

 

**Effective 1st August 2025, ₹50/- per transaction would be applicable for Cash Deposits through Cash Recycler Machines during 11 PM to 7 AM on all calendar days.

 

Non-Cash Transactions

 

Features Details
Local / Intercity Cheque Collection/Payments & Fund Transfer Free
Total Transactions - Monthly Free Limit Free up to 150 transactions for every slab of ₹1 Lakh of Current Month AMB balance maintained (Upper Cap – 3000 transactions); Charges @ ₹50 per transaction beyond free limits
Demand Drafts (DD)/Pay Orders (PO) @ Bank Location Unlimited Free
Demand Drafts (DD) @ Correspondent Bank Location

Free up to ₹30 lakhs per month

Charges: ₹1.50 per ₹1,000 (Min ₹50 per instrument) beyond free limit
Cheque Leaves - Monthly Free Limit

Free 100 cheque leaves per ₹1 lakh of Current Month AMB (Upper Cap – 2000 cheque leaves)

Charges: ₹3 per leaf beyond free limit
Outstation Cheque Collection at Clean Location (Per Instrument Charges)

Up to ₹5,000: ₹25/-

₹5,001 - ₹10,000: ₹50/-

₹10,001 - ₹25,000: ₹100/-

₹25,001–₹1 lakh: ₹100/-

Above ₹1 lakh: ₹150/-

 

*Total Transactions includes count of Cash Deposit, Cash Withdrawal, Cheque Clearing and Fund Transfer Transactions.

 

Electronic Transactions

 

Transaction Type Charges
NEFT Payments Free on NetBanking & Mobile Banking; Branch Banking = Up to ₹10K: ₹2 per transaction, Above ₹10K up to ₹1 Lakh: ₹4 per transaction, Above ₹1 Lakh up to ₹2 Lakh: ₹14 per transaction, Above ₹2 Lakh: ₹24 per transaction
RTGS Payments Free on NetBanking & Mobile Banking; Branch Banking = ₹2 Lakh to ₹5 Lakh: ₹20 per transaction, Above ₹5 Lakh: ₹45 per transaction
IMPS Payments Up to ₹1000: ₹2.5, Above ₹1000 up to ₹1 Lakh: ₹5, Above ₹1 Lakh up to ₹2 Lakh: ₹15
NEFT / RTGS / IMPS Collections Free

 

Debit Cards

 

Features Business Card ATM Card
Annual Fee per Card Free Free
Daily ATM Withdrawal Limit ₹1,00,000 ₹ 10,000
Daily POS (Merchant Establishment) Limit ₹5,00,000 Not Applicable

 

*Also available for partnership firms & limited company current accounts. In case, the MOP (Mode of Operation) is conditional, all AUS (Authorized Signatories) have to sign the form jointly.
*For Security reasons, ATM cash withdrawal limit is capped at ₹ 0.5 Lakhs per day and ₹ 10 Lakhs per month for first 6 months from Account opening date.  
For accounts older than 6 months, ATM cash withdrawal limit is capped at ₹ 2 Lakhs per day and ₹ 10 Lakhs per month. This is implemented with immediate effect. 

 

ATM Usage

 

Features Details
ATM Transactions @ HDFC Bank ATMs Unlimited Free
ATM Transactions (Financial & Non-Financial) @ Non-HDFC Bank ATMs

Maximum 5 free transactions per month Note: Only 3 free transactions allowed in Top 6 cities (Mumbai, New Delhi, Chennai, Kolkata, Bengaluru, Hyderabad)

Charges beyond free limit: ₹ 21 per transaction

 

Note: With effect from 1st May 2025, ATM transaction charge rate beyond free limit of ₹21 + taxes would be revised to ₹23 + taxes, wherever applicable.

 

Account Closure Charges

 

Closure Period Charges
Up to 14 days No Charge
15 days to 6 months ₹ 2,000
6 months to 12 months ₹ 1,000
Beyond 12 months No Charge

 

Fees & Charges (Past Records)

 

Click here to view Fees & Charges for Max Advantage Current Account before 1st October’2023
Click here to view Fees & Charges for Max Advantage Current Account before 1st December’2024
Click here to view Fees & Charges for Max Advantage Current Account before 1st August’2025

 

  • Click here to read the Terms & Conditions of the Max Advantage Current Account.

Frequently Asked Questions

The Max Advantage Current Account is a specially designed current account by HDFC Bank that offers dynamic pricing, cost-efficiency, unlimited free NEFT/RTGS/IMPS transfers, and an AQB waiver based on quarterly volumes. It provides a host of benefits and services tailored to meet the banking needs of businesses.

The combined cash deposit limit is 12 times the current month AMB with an upper cap of ₹75 crore. The cash withdrawal limit from non-home branches is also 12 times the current month AMB with an upper cap of ₹75 crore.

The Max Advantage Current Account offers several benefits. Dynamic pricing ensures cost efficiency with balance increases. It allows depositing and withdrawing cash up to 12 times the current month's AMB at HDFC Bank branches. There are also unlimited free NEFT/RTGS/IMPS transfers. AQB waiver is based on quarterly volumes through various channels. Additionally, customers can enjoy digital payment and collection solutions such as ME/MPOS/MEAPP/BHIM UPI/Bharat QR and Payment Gateway.

Max Advantage Current Account is best suited for Traders, Manufacturers, Distributors, EXIM (export/import) customers who are involved in large businesses with turnover of ₹ 5 crores and above.

AQB Requirement: ₹5,00,000/- (Metro & Urban Locations) & ₹ 2,50,000/- (Semi-Urban & Rural Locations)

NMC varies with location as follows:

  • ₹ 8,000/- per quarter (Metro & Urban Locations)

  • ₹ 4,000/- per quarter (Semi-Urban & Rural Locations)

AQB waiver basis ₹30 lakh quarterly volumes through POS/SmartHub Vyapaar App/Payment Gateway

Customer may avail Zero NMC benefit in quarter subsequent to account opening quarter, if he/she is active on all 3 digital services (i.e. Net-Banking/ Mobile-Banking, Debit Card (ATM/ POS transaction) and Bill Pay) within first 2 months of account opening.

Additionally, the customer will enjoy Zero NMC if the credit throughput value through ME/MPOS/MEAPP in a quarter is ₹30 lakh or more.

Following are the key features of Max Advantage Current Account:

  • Combined Cash Deposit (Anywhere in India) – 12 times of current month AMB (Upper cap of ₹75 crore per month)

  • Cash Withdrawal (Non-Home Branch)- 12 times of current month AMB (Upper cap of ₹75 crore per month)

  • Cash Withdrawal is FREE at Home Branch 

  • DD/ PO (Bank Location) – Unlimited Free

  • DD/ PO (Corr. Bank Location) – Free up to ₹30 lakh per month

  • Cheque Leaves – Free 100 cheque leaves for every slab of ₹1 lakh of current month AMB balance maintained (Upper Cap of 2000 cheque leaves per month)

  • Total Transaction (includes count of Cash Deposit, Cash Withdrawal, Cheque Clearing and Fund Transfer Transactions) – 150 transactions for every slab of ₹ 1 lakh of current month AMB balance maintained. (Upper Cap of 3000 transactions per month) 

  • Unlimited Free NEFT/RTGS/IMPS transactions

Max Advantage Current Account offers multiplier benefits for cash deposit transactions. The free limit offered is 12 times of current month AMB (Home + Non-home location). This is capped at a maximum of ₹75 crore per month.

Cash withdrawal is completely free for home branch. In case of non-home branch, customer is offered a free limit up to 12 times current month AMB; capped at a maximum of ₹75 crore per month.

Following are the free limits for issuing DD/POs

  • DD/POs (Bank Location) – Unlimited Free

  • DD/POs (Correspondent Bank Location) – Free up to ₹30 lakh per month

Cheque Leaves – Free 100 cheque leaves for every slab of ₹1 lakh of current month AMB balance maintained (Upper Cap of 2000 cheque leaves per month)

Max Advantage Current Account offers multiplier benefits for Total transactions - Free limit of 150 transactions for every slab of ₹1 lakh of current month AMB balance maintained. There’s an upper Cap of 3000 transactions per month

(Note: Total Transactions include count of Cash Deposit, Cash Withdrawal, Cheque Clearing and Fund Transfer Transactions)

NEFT / RTGS payments through branch/online mode and IMPS transactions are offered FREE to Max Advantage Current Account customers.

Bank anytime, anywhere in person at a branch or ATM, from your laptop or mobile. Click here for more details.