| Features | Premium Current Account |
|---|---|
| Average Quarterly Balance (AQB) | ₹25,000 |
| Non-Maintenance Charges (per quarter) | ₹1,800 |
| Note: Cash deposit limits will lapse if AQB maintained is less than 75% of required product AQB | |
Know fees and charges of Premium Current Account
| Features | Premium Current Account |
|---|---|
| Average Quarterly Balance (AQB) | ₹25,000 |
| Non-Maintenance Charges (per quarter) | ₹1,800 |
| Note: Cash deposit limits will lapse if AQB maintained is less than 75% of required product AQB | |
Cash Transactions
| Combined cash deposit limit at any HDFC Bank branch (monthly) | Deposit up to ₹3 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 ₹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 cash deposit. |
| 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 deposit at non-home branch, per day. | ₹25,000 |
| Cash withdrawal limit at home branch | Free |
| Cash withdrawal limit at non home branch | ₹25,000 per day Charges: ₹2 per ₹1,000, minimum ₹50 per transaction. |
| Daily Third Party Cash Withdrawal limit at Non-Home Branch | ₹50,000 per transaction |
Non - Cash Transactions
| Local / Intercity Cheque Collection/Payments and Fund Transfer | Free |
|---|---|
| Bulk Transactions* - Monthly Free Limit | Free up to 75 transaction. Charges at ₹30 per transaction beyond free limit. |
| Cheque Leaves - Monthly Free Limit | Free up to 100 cheque leaves. Charges at ₹3 per leaf beyond free limit. |
| Speed Clearing (per instrument charges) |
Instrument Value up to ₹1 lakh: No charges Instrument value 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 at 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 ₹50,000: ₹50 ₹50,001 to ₹1 lakh: ₹100 Above ₹1 lakh: ₹150 |
| Demand Drafts (DD)/ Pay Orders (PO) at Bank Location | Up to ₹50,000: ₹40 ₹50,001 to ₹1 lakh - ₹25 Above ₹1 lakh: FREE |
| Demand Drafts (DD) at correspondent Bank location | Charges: ₹2 per ₹1,000; Minimum ₹50n per instrument |
* Bulk transactions includes count of all Cheque clearing and Fund Transfer Transactions
NEFT/RTGS/IMPS Transactions
| NEFT payments | Up to ₹1 lakh: ₹2 Above ₹1 lakh: ₹10 Note: Free via Net banking. |
|
|---|---|---|
| RTGS payments | Above ₹2 lakh: ₹15Note: Free via Net banking. | |
| IMPS Payments | ₹0 - ₹1000 | ₹3.50 per transaction |
| ₹1001 - ₹1 lakh | ₹5 per transaction | |
| Above ₹1 lakh | ₹15 per transaction | |
| NEFT / RTGS / IMPS Collections | Free | |
Debit Cards
| Debit Card | 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. | ||
*For Security reasons, ATM cash withdrawal limit is capped at ₹0.5 lakh per day and ₹10 lakh 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 at HDFC Bank ATM | Unlimited Free |
|---|---|
| ATM Transaction at non- HDFC Bank ATM | No Free Limits, charges: ₹21 per transaction |
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 |
Yes, the Premium Current Account incurs certain fees and charges, including requirements for maintaining an average quarterly balance and non-maintenance charges per quarter.
Monthly charges for Premium Current Account differ from service to service.