Rera Account

What's in store for you?

Indian oil card1

More benefits than ever before

Seamless Account Setup

  • Experience a seamless RERA Account opening process with the convenience of using a single set of documentation for opening RERA Master Collection, RERA Project  and RERA Transaction Bank accounts.

Easy Regulatory Compliance

  • Project receivables are deposited and distributed as per RERA regulations with a 70:30 sweep setup  

  • Transactions are fully aligned with RERA state rules to ensure compliance with regulations.

Escrow Expertise for Funded Projects

  • Get a dedicated escrow desk to ensure smooth transaction processing for all your RERA and Escrow accounts 

Digital & Banking Benefits

  • Simplify collections and payments with HDFC Bank’s digital solutions

  • Book Fixed Deposit and enjoy attractive interest rate

View More

Additional Benefits

Wondering if you are eligible?

The following are the eligibility criteria to open a RERA Current Account:

  • Promoters/Developers of residential or commercial real estate projects can open RERA Accounts.
  • The projects must be registered (or need to be registered) under the RERA Act, 2016, with the respective state or union territory RERA / RERA authority.

    • Eligible Projects
     

    Projects which can be registered under RERA include:
     

  • Development of residential projects.
  • Development of commercial infrastructure projects, such as shops, offices and godowns.
  • Any ongoing projects for which the completion certificate is still pending.
  • Plot sale projects.
Startup Current Account

More About RERA Current Account

HDFC Bank’s RERA Current Account ensures smooth compliance and fund management. The account is specifically crafted for real estate developers registering their project with RERA authority. With a seamless sweep setup, digital fund management and dedicated expert support, HDFC Bank makes it easier for you to focus on your projects while we handle your banking needs.

HDFC Bank offers a tailored solution for RERA-registered real estate developers, designed to ensure full regulatory compliance and ease of fund management. 

  • Zero balance commitment, with no hidden fees or account maintenance charges.

  • Customisable account number, project-specific accounts, and integrated Fixed-Deposit options as per state-specific RERA directions.

  • Seamless 70:30 sweep setup as mandated by RERA regulations, helping to simplify fund segregation and project tracking. 

  • Fully digital collection and payment solutions, including POS, QR, mobile, and NetBanking—backed by expert support and escrow services for funded projects.

With the HDFC Bank RERA Current Account, you get access to a suite of value‑added services designed to support your real estate development needs:

  • Project Insurance Solutions tailored to safeguard construction and assets.

  • Custom Loan Options & Working Capital Finance to support project funding requirements.

  • Doorstep Banking including convenient cash or cheque pickup and delivery 

  • Dedicated Escrow Support & Specialist Guidance for seamless fund management and compliance.

  • Enhanced Digital Tools for collections, payments, tracking, and Fixed Deposit sweeps, customised to your project’s needs.

Experience seamless digital banking for your RERA-linked Expense Account through HDFC Bank’s Mobile Banking and NetBanking platforms. You can monitor all transactions in real‑time, download statements on-demand, and use HDFC’s ENet digital solution—designed for businesses, for streamlined payments and collections.

Frequently Asked Questions

A RERA Current Account ensures 70% of buyer payments are held securely in a separate RERA account, preventing fund diversion and ensuring money is used strictly for land acquisition and construction costs. It promotes timely project delivery, enforced through regulated withdrawals tied to progress certifications from engineers, architects, and CAs.

You can transact online from transaction account*

*T&C apply

The Real Estate (Regulation and Development) Act, 2016 mandates developers to have a RERA (Real Estate Regulated Authority) Account for project fund management. A developer must deposit 70% of project receivables from the allottees into the designated project account.  This ensures that the funds are used solely for land acquisition and construction costs. Withdrawals from these accounts can only be made based on project completion stages which are certified by a project engineer, architect and chartered accountant. These accounts must be audited annually, with reports submitted to the RERA authority. Non-compliance with RERA Account can result in penalties, compensation to buyers and freezing of the project account. 
 

A RERA Account can be opened by real estate developers or promoters of residential, commercial or plot-sale projects registered (or to be registered) under the RERA Act, 2016. These projects must be registered with the respective state or union territory RERA/RERA authority.

A RERA Account ensures that funds collected from buyers are used solely for the project they invested in. This prevents fund diversion, ensures timely project completion and builds trust by aligning with RERA regulations designed to protect buyer interests.

Money can be withdrawn from a RERA Bank Account only in proportion to the project’s completion stage. Withdrawals must be certified by a chartered accountant, engineer and architect to ensure that the funds are used for project-specific purposes as per RERA rules.