Saksham Current Account Fees & Charges

Know fees and charges of Saksham Current Account

Features Saksham Current Account
Average Half Yearly Balance (HAB) ₹10,000 
Non-Maintenance Charges (per half year) No charge for 2 calendar half years (including the account opening half year)
₹1,500 (3rd half-year onwards) *
CASH TRANSACTIONS
Cash Deposit Limit at Home Location -
Monthly Limit
Free up to ₹50 lakh per month or 50 transactions
(whichever is breached first)
Charges at ₹3 per ₹1,000 minimum ₹50 per transaction beyond free limits
Cash Deposit Limit at Non-Home Location -
Monthly Limit
No free limit
Charges at ₹3.5 per ₹1,000, minimum ₹50 per transaction
Operational Limit for Cash Deposit at Non-Home Branch (per day) ₹5 lakh
Cash Withdrawal Limit at Home Branch Free
Cash Withdrawal Limit at Non-Home Branch (Daily Limit) ₹1 lakh per day
Charges at ₹2 per ₹1,000, minimum ₹50 per transaction beyond free limits
NON - CASH TRANSACTIONS
Local / Intercity Cheque Collection/Payments & Fund Transfer Free
Total Transactions (count of Cash Deposit, Cash Withdrawal, Cheque clearing and Fund Transfer transactions) Free up to 300 transactions
Charges at ₹10 per transaction beyond free limits
Cheque Leaves - Monthly Free Limit Free up to 500 cheque leaves
Charges at ₹2 per leaf beyond free limits
Speed Clearing
(per instrument charges)
Free
Outstation Cheque Collection at Bank Location
(per instrument charges)
Free
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 ₹25,000 - ₹50
₹25,001 to ₹1 lakh- ₹100
Above ₹1 lakh - ₹150
Demand Drafts (DD)/ Pay Orders (PO) at Bank Location Unlimited Free
Demand Drafts (DD) at Correspondent Bank location Charges at ₹2 per ₹1000 ; Minimum ₹50 
ELECTRONIC TRANSACTIONS    
NEFT payments Up to ₹1 lakh – ₹2; Above 1 lakh – ₹10 
(Free through NetBanking)
RTGS payments Above ₹2 lakh – ₹15 
(Free through NetBanking)
IMPS Payments Free
NEFT / RTGS / IMPS Collections Free
DEBIT CARD (only for Individuals and Sole proprietorships)
Debit Card EasyShop Business# ATM Card
Annual Fee per card Free 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) have to sign the form jointly.
ATM Usage
ATM transactions (at HDFC Bank ATM) Unlimited Free
ATM transactions (at Non- HDFC Bank ATM) Maximum of 5 transactions free in a month with a cap of Maximum 3 free transactions in Top 6 cities at Non-HDFC Bank ATM.
Note:
Transactions done in Mumbai, New Delhi, Chennai, Kolkata, Bengaluru and Hyderabad ATMs will be considered as Top 6 cities)
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
ACH Charges
1 to 3 transactions in a month ₹350 per transaction
Fourth instance and beyond ₹750 per transaction
Note: Cash deposit limits will lapse if HAB maintained is less than 75% of required product HAB
* Accounts maintaining less than ₹10,000 quarterly balance as of previous quarter will be charged ₹25 each for next 3 monthly statements

Frequently Asked Questions

A Current Account is typically a Zero-interest Account, which is why it enjoys tax-free status. Since the Saksham Account is a type of Current Account, it also enjoys the benefits of being a Tax-free Account.

Yes, the Saksham Current Account has certain fees and charges for cash withdrawal, cash deposit, NEFT payments, and other related services.