Plus Current Account

Fees & Charges of Plus Current Account

Enclosed below are HDFC Bank Plus Current Account fees and charges

 

Features Plus Current Account
Average Quarterly Balance (AQB) ₹ 1,00,000
Non-Maintenance Charges (per quarter)

AQB of ₹50,000 or above – ₹1,500/-

AQB less than ₹50,000 – ₹6,000/-
Daily Third Party Cash Withdrawal Limit ₹50,000/- per transaction at Non-Home Branch

 

Note: Cash deposit limits 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 Lakh or 50 transactions (whichever is breached first) at any HDFC Bank Branch / Cash Recycler Machines;

Beyond free limits, standard charges @ ₹4 per ₹1000, minimum ₹50 per transaction beyond free limits
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 (Daily)

₹1,00,000/- per day

Charges: ₹2 per ₹1,000, minimum ₹50 per transaction beyond free limits
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
Bulk Transactions – Monthly Free Limit* Free up to 250 transactions; Charges @ ₹35 per transaction beyond free limits
Charges beyond free bulk transactions ₹30/- per transaction
Cheque Leaves – Monthly Free Limit Free up to 300 cheque leaves
Charges beyond free cheque leaves ₹3/- per leaf
Outstation Cheque Collection @ Clean Location (Per Instrument)

- Up to ₹25,000: ₹50/-

- ₹25,001 to ₹1,00,000: ₹100/-

- Above ₹1,00,000: ₹150/-
Demand Drafts (DD)/Pay Orders (PO) @ Bank Location

Free up to 50 DD/PO per month

Charges beyond free limit: ₹1 per ₹1,000; Min ₹50, Max ₹3,000 per instrument
Demand Drafts (DD) @ Correspondent Bank Location ₹2 per ₹1,000; Minimum ₹50 per instrument

 

Note: Bulk transactions include all cheque clearing and fund transfer transactions.

 

NEFT / RTGS / IMPS 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 ₹ 1,000 ₹2.5 per transaction
  Above ₹1000 up to ₹1 Lakh ₹ 5 per transaction
  Above ₹ 1 Lakh up to ₹2 Lakh ₹ 15 per transaction
NEFT / RTGS / IMPS Collections Any Amount Free

 

Debit Cards

Debit Card ATM Card
Annual Fee per card Free
Daily ATM limit ₹10,000
Daily Merchant Establishment Point of Sale limit NA
# 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 lakh 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 lakh per day and ₹ 10 lakh per month. This is implemented with immediate effect. 

 

ATM Usage

ATM Transaction Type Free Usage Charges Beyond Free Limit
At HDFC Bank ATMs Unlimited Free None
At Non-HDFC Bank ATMs - Maximum 5 free transactions per month
- Within Top 6 cities (Mumbai, New Delhi, Chennai, Kolkata, Bengaluru, Hyderabad): Max 3 free txns		 ₹ 21/- per transaction (till 30 April 2025)
    ₹ 23/- + taxes per transaction (effective 1 May 2025)

 

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

 

Account Closure Charges

Closure Period Charges
Up to 14 days No Charge
15 days to 6 months ₹ 1,000
6 months to 12 months ₹ 500
Beyond 12 months No Charge

 

Fees & Charges (Past Records)

Click here to view Fees & Charges for Plus Current Account before 1st October’2023

Click here to view Fees & Charges for Plus Current Account before 1st January’ 2016

Click here to view Fees & Charges for Plus Current Account before 1st December’2024

Click here to view Fees & Charges for Plus Current Account before 1st August’2025

Click here to read the Terms & Conditions of a Plus Current Account.

Frequently Asked Questions

A Plus Current Account is a feature-packed account offered by HDFC Bank. It provides various benefits such as free cash deposits, local/intercity cheque collection, payment services, and more.

With a Plus Current Account, you can deposit up to ₹12 lakh per month or 50 transactions (whichever is reached first) at any HDFC Bank branch.

Yes, to maintain a Plus Current Account, you need to have an average quarterly balance (AQB) of ₹1 lakh.

The HDFC Bank Plus Current Account offers a range of benefits for businesses, including easy online account opening in India. It provides free monthly cash deposits and withdrawal limits, making it cost-effective. Eligibility is open to sole proprietors, partnerships, and private and public limited companies, ensuring accessibility for a wide range of businesses.

Plus Current Account is best suited for Traders, Manufacturers, Distributors, EXIM (export/import) customers who are involved in small - medium businesses, with turnover ranging from ₹1 crore up to ₹ 5crore.

AQB Requirement – ₹1,00,000/- (across all locations)

NMC charges are as follows:

  • ₹1,500/- if balance maintained >= ₹ 50,000; and

  • ₹6,000/- if balance < ₹ 50,000

Following are the key features of Plus Current Account:

  • Free Cash deposit up to ₹12 lakh or 50 transactions (whichever is breached first) at any any HDFC Bank Branches
  • Unlimited free Cash Withdrawal at Home Branch
  • Free cash withdrawal of up to ₹ 1 lakh per day at non home Branch
  • Free local/ intercity cheque collection & payment within HDFC Bank Branch locations.
  • Free payment and collection through RTGS and NEFT
  • Free up to 50 DDs / POs each, per month, payable at HDFC Bank branch locations.
  • 300 free "at-par" cheque leaves per month
  • Free payment and collection through RTGS and NEFT
  • Free monthly account statement
  • Free Insta-Alerts to alert on happening of select transactions in your account
  • Free Business Debit Card
  • Bulk payments to vendors and salary payments to employees hassle-free with ENET, our superior online banking platform. With ENET, you will get the benefits of bulk cheque / Demand Draft Printing, Salary upload, Tax payments, etc. through a single upload file. You can have multiple layers of authorisation to ensure complete control
  • Other services like Trade & Forex, CMS, POS, Payment Gateway and Doorstep Banking. Forex services include FOREX Travellers’ Cheques, FOREX Cash and a FOREX Plus Card when you travel

Plus Current Account offers the following free limits for cash deposits:

  • Free Cash deposit up to ₹12 lakh or 50 transactions (whichever is breached first) at any HDFC Bank Branches

Customers are offered unlimited cash withdrawal at Home Branch.

In the case of non-home Branch, Plus Current Account offers free cash withdrawal up to ₹1 lakh per day.

  • Zero NMC Charges for 2nd quarter of account opening if customer is Digitally active. Digital Activation comprises of Debit Card Activation (on ATM or POS), Bill Pay usage and Net Banking or Mobile Banking active within first 2 months of account opening

  • Additional Criteria for Waiving NMC Charges provided Quarterly Credit Volume through ME/PG/MPOS is either more than or equal to 7 lakh

Plus Current Account offers following free limits for issuing DDs/POs:

  • DD/POs (Bank Location) – 50 DDs and 50 POs free per month

  • DD/POs (Correspondent Bank Location) – No free limits

Plus Current Account offers customers 300 cheque leaves free per month.

Plus Current Account offers 250 free Bulk transactions per month

(Note: Bulk transactions include all Local & Anywhere clearing and Fund transfers)

Free NEFT / RTGS payments via both Net-banking/ Mobile-Banking and Branches

IMPS charges on outgoing transactions (through NetBanking & MobileBanking) are as follows:

  • Up to ₹1,000: ₹3.5/- per transaction,

  • Above ₹1,000 and up to ₹1 lakh: ₹5/- per transaction

  • Above ₹1 lakh and up to ₹2 lakh: ₹15/- per transaction (charges exclusive of GST)

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