Biz Ultra Account

What’s in store for you?

Trade Services

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Trade Services

More benefits than ever before

Account Benefits:

  • AQB Waiver with ₹7 Lakh+ quarterly transactions via Soundbox/PoS.*

  • Up to 12x Free Cash Deposit on your Account Balance.*

  • Free Business & Payment Protection Insurance up to ₹7.5 Lakhs.*

Digital Benefits:

  • Zero Non-Maintenance 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, NetBanking or MobileBanking active within first 2 months of account opening.

  • Enjoy free NEFT, RTGS, IMPS transactions through Branch and NetBanking.

  • Make seamless digital bulk payments with NetBanking for Business.

+Additional Benefits:

  • Rental waiver on Soundbox / PoS basis monthly volume.*

  • BizPower Credit Card: Save up to ₹1.3 Lakhs* + 1st year fee waiver (₹75k spends / 90 days of issuance).*

  • Up to 40% off on business spends via SmartBuy BizDeals.*

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Additional Benefits

Wondering if you are eligible?

You can open a Biz Ultra+ Current Account if you fall under any of the following categories:

  • Resident Individual
  • Hindu Undivided Family​
  • Sole Proprietorship Firms
  • Partnership Firms
  • Limited Liability Partnership Firms
  • Private and Public Limited Companies
Startup Current Account

Know More About Biz Ultra+ Current Account

Fees & Charges

Enclosed below are Biz Ultra+ Current Account fees and charges:

  • Average Quarterly Balance (AQB):

    • Metro & Urban: ₹2,00,000/- 
    • Semi Urban & Rural: ₹1,00,000/-    
  • Non-Maintenance Charges (per quarter):

    • Metro and Urban: ₹5,000 per quarter; 
    • Semi Urban and Rural: ₹3,000 per quarter

Note: Free limits across Cash Deposit / Cash Withdrawal / Total Transactions / Cheque Leaves / DD & PO will lapse if AQB maintained is less than 75% of the required product AQB

Cash Transactions  

  • Combined Cash Deposit Limit at Home Location, Non-Home Location & Cash Recycler Machines (per month): Free up to ₹25 Lakh per month or 12 times of Current Month AMB, whichever is higher (Upper Cap - ₹50 Crore)
  • Cash Deposit in Low Denomination Coins and Notes i.e. ₹20 and below @ any HDFC Bank Branch (per month):
    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 at Non-Home Branch (per day): ₹5,00,000
  • Cash Withdrawals at Home Branch: Unlimited Free
  • Cash Withdrawals at Non-Home Branch (per month): Free up to 12 times of Current Month AMB* (Upper Cap – ₹50 crore); beyond free limits, ₹2 per ₹1,000, minimum ₹50 per transaction

Non-Cash Transactions

  • Local & Intercity Cheque Collection / Payments and Fund Transfers: Free

  • Total Transactions* - Monthly Free Limits: Free 200 transactions for every ₹1 Lakh of Current Month AMB (Upper Cap – 4000 transactions)*

  • Demand Drafts (DD) / Pay Orders (PO) at Bank Location: Free up to 75 DD/PO per month for every ₹1 Lakh of Current Month AMB (subject to max 1000 DD/PO)*
  • Cheque Leaves – Monthly Free Limits: Free 150 cheque leaves for every ₹1 Lakh of current month AMB (Upper Cap – 2500 Cheque Leaves)*

*Total transactions includes Cash Deposit, Cash Withdrawal, Cheque Clearing and Fund Transfer Transactions

Click here to view the details of the fees and charges.

Card Reward and Redemption

Added Delights

  • Complimentary Business Insurance up to ₹7,50,000* & Payment Protection Insurance up to ₹3,00,000* Click Here to know more details

  • Unlock balance commitment waiver on accounts with quarterly transaction volume of ₹7 lakh or more through POS / SmartHub Vyapar App / Payment Gateway

  • Enjoy monthly rental waiver on POS with a transaction volume of ₹3 lakh* at Metro & Urban locations, ₹2 lakh* at SURU locations

  • Get an Annual Fee Waiver on the Business Credit Card for the first year upon meeting the spend criteria*

  • Save up to ₹1.3 Lakhs annually with BizPower Credit Card*

  • Get Overdrafts and Working Capital Loans for business expansion*

  • Enjoy up to 40% off on business purchases via SmartBuy BizDeals*

*Terms & Conditions Apply 

Card Reward and Redemption

Merchant Solutions

  • Enjoy cashless & seamless Banking through Digital Products i.e. ME / MPOS / MEAPP / BHIM UPI / Bharat QR or Payment Gateway 

  • Zero Non-Maintenance Charges, if credit transaction value through ME / PG / MPOS is either more than or equal to ₹7 lakh in any quarter 

  • Enjoy monthly rental waiver on POS with a transaction volume of ₹3 lakh* at Metro & Urban locations, ₹2 lakh* at SURU locations 

  • Zero Non-Maintenance 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 NetBanking or MobileBanking active within first 2 months of account opening 

  • Avail ME / PG / MPOS / QR / UPI based solutions through SmartHub Vyapar App, MobileBanking, PayZapp etc. 

*Terms & Conditions Apply

Card Reward and Redemption

Digital Banking Services

  • Easy access and transaction processing through 'NetBanking for Business' – An innovative banking solution for business customers
    Below highlighted are the key features: 
    • All in one view of all accounts
    • Manage Inputter-Authorizer Task
    • Add Bulk Beneficiaries and Bulk Payments
    • Easy and Instant Digital Invoice Creation 
    • ​​​​​​​Automate GST Calculation & Filing
    • ​​​​​​​Exclusive Integration with Tally and Zoho
    • Manage Working Capital Limits 
  • MobileBanking Application - Make over 150+ banking transactions on the new app, recharge your mobile, pay bills, pay credit card dues, recharge your DTH, transfer money instantly, manage your demat portfolio, order currency notes or travel card for foreign travel, make UPI payments and much more.
    ​​​For more details, please click here.
  • SmartGateway Payment Link Solution – Explore ease of collection using Payment Links. Mentioned below are the key highlights: 
    • Collect payments remotely from customers via SMS or email links
    • Generate single or bulk payment links using API
    • Get payment link analytics using the in-built dashboard
  • SmartHub Vyapar – An integrated platform for merchants, which offers payments, banking, lending and several business growths enabling value added services. 
    For more details, please click here

 

Card Management & Control

Additional Services for Convenience

  • Transactions enabled through Internet, NetBanking, MobileBanking, Branch, Phone Banking, IVR & Non IVR (Asset Assisted) and HDFC Bank ATM 
  • All Cheque transactions i.e. Payment & Collections being local/anywhere or Fund Transfer within HDFC Bank and Cheque pick up services 
  • Insta Alert, Bill Pay and Standing Instructions (Set up) 
  • Outstation Cheque Collection at HDFC Bank Branch / Speed Clearing
  • Doorstep banking services – cash and cheque pick up offered at select locations
  • Free Business Debit Card 
  • Enjoy benefits on Business Debit Card:
    • Get up to ₹9000 CashBack every year, 5% on Tax payment & 1% CashBack on select retail and online shopping
    • Spend based complimentary lounge access at select domestic airports twice per calendar quarter  
    • Up to ₹10 lakh Personal Accidental Death Cover (Rail/ Road/ Air)
    • International Air Coverage of flat ₹1 crore on purchase of air ticket using your Business Debit Card 
    • ₹5 lakh for retail / online shopping and ₹1 lakh for ATM withdrawals 

For more details, you may click here to read this in detail. 

*Terms & Conditions Apply 

Card Reward and Redemption

Most Important Terms & Conditions

  • *The Most Important Terms and Conditions for each of our banking offerings features all the specific terms and conditions that govern their use. You must go through it thoroughly to fully understand the terms and conditions applicable to any banking product you choose.

Redemption Limit

Frequently Asked Questions

HDFC Bank Biz Ultra+ Account is a Current Account Variant designed for medium sized businesses in the expansion stage, looking to grow their business multifold. Basis the applied conditions & eligibility criteria, it offers higher cash transaction limits, special benefits under premier banking program*, insurance cover at concessional rates, special deals on cards & asset solutions*

The non-maintenance charges for the HDFC Bank Biz Ultra+ Account are ₹5,000 per quarter for Metro and Urban branches, and ₹3,000 per quarter for Semi-Urban and Rural branches.

Biz Ultra+ Account is designed for Medium sized businesses having multiple units / operations, expanding across geographies

For Metro & Urban Locations: ₹2,00,000/-; For Semi Urban & Rural Locations: ₹1,00,000/- 

  • Zero Non-Maintenance Charges, if Quarterly Credit Volume through ME/PG/MPOS is either more than or equal to ₹7 lakh. 

  • Zero Non-Maintenance 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 NetBanking or MobileBanking active within first 2 months of account opening. 

  • Free Cash Deposit (at any HDFC Bank Branch / Cash Recycler Machines) of up to ₹25 Lakh per month or 12 times of Current Month AMB*, whichever is higher

  • Cash Withdrawals free up to 12 times of Current Month AMB* at HDFC Bank Non-Home Branch. 

  • RTGS and NEFT Payments free through Branch and NetBanking. 

  • Balance commitment waiver basis ₹7 lakh or more quarterly volumes through ME / PG / MPOS.

Cash Deposits are free up to ₹25 lakh per month or 12 times of Current Month AMB, whichever is higher (Upper Cap – ₹50 crore). 

Free Cash Deposit (at any HDFC Bank Branch / Cash Recycler Machines) of up to ₹25 Lakh per month or 12 times of Current Month AMB*, whichever is higher (Upper Cap - ₹50 Crore)

DD/POs are free up to 75 DD/POs per month for every slab of ₹1 lakh of Current Month AMB* maintained (subject to maximum of 1000 DD/PO). 

150 Cheque Leaves are free for every slab of ₹1 lakh of Current Month AMB* maintained (Upper Cap – 2500 Cheque Leaves). 

Free up to 200 transactions for every slab of ₹1 lakh of Current Month AMB* maintained (Upper Cap – 4000 transactions).  

Free RTGS, NEFT and IMPS transactions through Branch and NetBanking. 

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