Saksham Current Account Fees & Charges

Know fees and charges of Saksham Current Account

Description of Charges Saksham Current Account
Managers Cheque/Demand Draft cancellation / Revalidation Free
Old records/copy of paid cheques Free
Photo Attestation / Signature Verification Free
Balance Inquiry- At Branch Free
Regeneration of IPIN (request received at branch for physical dispatch) Free
Balance confirmation certificate / Interest certificate Free
Outstation Cheque collection - Clean Location Free
Cheque Return Charges (Inward) due to Technical Reasons Free
Issue of Duplicate / Adhoc statement - Direct Banking Channels (NetBanking / Mobile Banking / PhoneBanking (IVR) / ATM) Free
Issue of Duplicate / Adhoc statement at Branch or Phone Banking (Non-IVR) Branch : ₹ 100/- per statement; Phone Banking (Non IVR) : Free
Combined Cash Deposit at Home & Non Home Location ₹ 50 Lakhs or 50 transactions free per month; thereafter chargeable at ₹ 4/- per ₹ 1000/-, minimum of ₹ 50/-
Bulk Transaction (Includes count of all Cheque clearing and Fund Transfer transactions)
Total Transaction (Includes count of Cash Deposit, Cash Withdrawal, Cheque Clearing and Fund Transfer Transactions)
Free Transaction : 300 per month. Beyond Free limit : ₹ 35/- per transaction
Cash Deposit in Low Denomination notes/coins i.e. ₹ 50 and below @ any HDFC Bank Branch (monthly) 1. Cash deposit in notes : Free up to ₹ 10,000/- per month, beyond free limit chargeable at 2% of cash deposit in low denomination notes (excluding 50 denomination note) 2. Cash deposit in coins : Free up to ₹ 5,000/- per month, beyond free limit chargeable at 2% of cash deposit in coins
Cheques drawn on us :
Cheque Return Charges due to Insufficient Funds
(Including Fund Transfer Cheque Returns)
Upto 2 instruments per month ₹ 500/- per instrument;
On 3rd onwards ₹ 750/- per instrument.
Cash Withdrawal - Home Branch Free
Cash Withdrawal - Non Home Branch Free: Up to ₹1, 00,000/- per day. Charges: ₹2 per 1,000/-, minimum ₹50/- per transaction. Third party cash withdrawal allowed only up to maximum ₹ 50,000/- per transaction.
Cheque Leaves Free 500 cheque leaves per month. Charges ₹ 3/- per leaf beyond free limit.
Managers Cheque/Demand Drafts - Issuance on HDFC Bank locations Free
TDS certificate Free
Anywhere (Inter-city) Cheque Collections/Payments and Fund Transfer Free
Address Confirmation Free
BillPay Free
Cheque Status per instance Free
Managers Cheque/Demand Drafts - Issuance on Non HDFC Bank Locations ₹2 per ₹1,000/-, Minimum ₹50 per instrument
One time Mandate Authorisation Charges (Physical / Online) ₹40/- per mandate
Account Closure Upto 14 days & beyond 12 months - Nil ; 15 days to 6 months - ₹ 500/- ; 6 months to 12 months - ₹ 250/-
ACH/ECS Return Quaterly: Upto 3 returns - ₹ 350/- per instance ; 4th return onward ₹ 750 /-per instance
Any Deliverable Returned by Courier due to Negative Reasons (no such consignee/ consignee shifted and no such address) ₹ 50/- per instance
Cheque Deposited Return Unpaid - Local & Outstation Free Up to 3 returns per month; beyond free limit : ₹ 200/- per instrument
Cheque Return Charges (Drawn on HDFC bank) Up to 2 instruments per month - ₹ 500/- per instrument; from 3rd instrument onwards - ₹ 750/- per instrument
Non Maintenance of AQB charges No charges for fist two calendar half-yea₹ (including the account opening half-year)
HAB: ₹ 10,000/-
₹ 1,500/- per half-year from 3rd half-year onwards.
Standing Instructions - Set up and Rejection (Monthly Charges) Setup charges - Nil ; Rejection - Upto 3 returns - ₹ 350/- per instance; 4th return onward ₹ 750/- per instance
Stop Payment Particular Cheque - ₹ 100/- (Free through Phone Banking). Range of Cheques - ₹ 200/- (Free through Phone Banking)

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.