Additional Benefits
Wondering if you are eligible?
Documents required to get you started
Know more about Max Advantage Current Account
-
Application Process
-
Fees & Charges
-
Additional Features
-
Business Debit Card
-
Most Important Terms and Conditions
Ways to open a Bank Account
Fees and Charges of Max Advantage Current Account
Enclosed below are HDFC Bank Max Advantage Current Account fees and charges
| Features | Metro and Urban | Semi Urban and Rural |
|---|---|---|
| Average Quarterly Balance (AQB) | ₹ 5,00,000 | ₹ 2,50,000 |
| Non-Maintenance Charges (per quarter) | ₹ 8,000 | ₹ 4,000 |
Note: Free limits across Cash Deposit / Withdrawal / Total Transactions / Cheque leaves / DD & PO will lapse if AQB maintained is less than 75% of required product AQB.
Download Fees & Charges effective 1st August’2025
Cash Transactions
| Features | Details |
|---|---|
| Combined Cash Deposit at Home Location, Non-Home Location & Cash Recycler Machines** (Monthly Free Limit) | Free up to 12 times of Current Month AMB (Upper Cap - ₹75 Crore) at any HDFC Bank Branch / Cash Recycler Machines; Beyond free limits, standard charges @ ₹4 per ₹1000, minimum ₹50 per transaction |
| Cash deposit in low denomination coins and notes i.e. ₹20 and below @ any HDFC Bank Branch (Monthly) | 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 @ Non-Home Branch (Per Day) | ₹ 5,00,000 |
| Cash Withdrawal Limit @ Home Branch | Free |
| Cash Withdrawal Limit @ Non-Home Branch (Monthly) | Free: 12 times of Current Month AMB (Upper Cap – ₹ 75 crores) Charges: ₹ 2 per ₹ 1,000 (Min ₹ 50 per transaction) beyond free limit |
| Daily Third-Party Cash Withdrawal Limit @ Non-Home Branch | ₹ 50,000 per transaction |
**Effective 1st August 2025, ₹50/- per transaction would be applicable for Cash Deposits through Cash Recycler Machines during 11 PM to 7 AM on all calendar days.
Non-Cash Transactions
| Features | Details |
|---|---|
| Local / Intercity Cheque Collection/Payments & Fund Transfer | Free |
| Total Transactions - Monthly Free Limit | Free up to 150 transactions for every slab of ₹1 Lakh of Current Month AMB balance maintained (Upper Cap – 3000 transactions); Charges @ ₹50 per transaction beyond free limits |
| Demand Drafts (DD)/Pay Orders (PO) @ Bank Location | Unlimited Free |
| Demand Drafts (DD) @ Correspondent Bank Location | Free up to ₹30 lakhs per month Charges: ₹1.50 per ₹1,000 (Min ₹50 per instrument) beyond free limit |
| Cheque Leaves - Monthly Free Limit | Free 100 cheque leaves per ₹1 lakh of Current Month AMB (Upper Cap – 2000 cheque leaves) Charges: ₹3 per leaf beyond free limit |
| Outstation Cheque Collection @ Clean Location (Per Instrument Charges) | Up to ₹25,000 – ₹50 ₹25,001 to ₹1 lakh – ₹100 Above ₹1 lakh – ₹150 |
*Total Transactions includes count of Cash Deposit, Cash Withdrawal, Cheque Clearing and Fund Transfer Transactions.
Electronic Transactions
| Transaction Type | Charges |
|---|---|
| NEFT Payments | Free on NetBanking & Mobile Banking; Branch Banking = Up to ₹10K: ₹2 per transaction, Above ₹10K up to ₹1 Lakh: ₹4 per transaction, Above ₹1 Lakh up to ₹2 Lakh: ₹14 per transaction, Above ₹2 Lakh: ₹24 per transaction |
| RTGS Payments | Free on NetBanking & Mobile Banking; Branch Banking = ₹2 Lakh to ₹5 Lakh: ₹20 per transaction, Above ₹5 Lakh: ₹45 per transaction |
| IMPS Payments | Up to ₹1000: ₹2.5, Above ₹1000 up to ₹1 Lakh: ₹5, Above ₹1 Lakh up to ₹2 Lakh: ₹15 |
| NEFT / RTGS / IMPS Collections | Free |
Debit Cards
| Features | Business Card | ATM Card |
|---|---|---|
| Annual Fee per Card | Free | Free |
| Daily ATM Withdrawal Limit | ₹1,00,000 | ₹ 10,000 |
| Daily POS (Merchant Establishment) Limit | ₹5,00,000 | Not Applicable |
*Also available for partnership firms & limited company current accounts. In case, the MOP (Mode of Operation) is conditional, all AUS (Authorized Signatories) have to sign the form jointly.
*For Security reasons, ATM cash withdrawal limit is capped at ₹ 0.5 Lakhs per day and ₹ 10 Lakhs per month for first 6 months from Account opening date.
For accounts older than 6 months, ATM cash withdrawal limit is capped at ₹ 2 Lakhs per day and ₹ 10 Lakhs per month. This is implemented with immediate effect.
ATM Usage
| Features | Details |
|---|---|
| ATM Transactions @ HDFC Bank ATMs | Unlimited Free |
| ATM Transactions (Financial & Non-Financial) @ Non-HDFC Bank ATMs | Maximum 5 free transactions per month Note: Only 3 free transactions allowed in Top 6 cities (Mumbai, New Delhi, Chennai, Kolkata, Bengaluru, Hyderabad) Charges beyond free limit: ₹ 21 per transaction |
Note: With effect from 1st May 2025, ATM transaction charge rate beyond free limit of ₹21 + taxes would be revised to ₹23 + taxes, wherever applicable.
Account Closure Charges
| Closure Period | Charges |
|---|---|
| Up to 14 days | No Charge |
| 15 days to 6 months | ₹ 2,000 |
| 6 months to 12 months | ₹ 1,000 |
| Beyond 12 months | No Charge |
Fees & Charges (Past Records)
Click here to view Fees & Charges for Max Advantage Current Account before 1st October’2023
Click here to view Fees & Charges for Max Advantage Current Account before 1st December’2024
Click here to view Fees & Charges for Max Advantage Current Account before 1st August’2025
- Click here to read the Terms & Conditions of the Max Advantage Current Account.
Frequently Asked Questions
The Max Advantage Current Account is a specially designed current account by HDFC Bank that offers dynamic pricing, cost-efficiency, unlimited free NEFT/RTGS/IMPS transfers, and an AQB waiver based on quarterly volumes. It provides a host of benefits and services tailored to meet the banking needs of businesses.
The combined cash deposit limit is 12 times the current month AMB with an upper cap of ₹75 crore. The cash withdrawal limit from non-home branches is also 12 times the current month AMB with an upper cap of ₹75 crore.
The Max Advantage Current Account offers several benefits. Dynamic pricing ensures cost efficiency with balance increases. It allows depositing and withdrawing cash up to 12 times the current month's AMB at HDFC Bank branches. There are also unlimited free NEFT/RTGS/IMPS transfers. AQB waiver is based on quarterly volumes through various channels. Additionally, customers can enjoy digital payment and collection solutions such as ME/MPOS/MEAPP/BHIM UPI/Bharat QR and Payment Gateway.
Max Advantage Current Account is best suited for Traders, Manufacturers, Distributors, EXIM (export/import) customers who are involved in large businesses with turnover of ₹ 5 crores and above.
AQB Requirement: ₹5,00,000/- (Metro & Urban Locations) & ₹ 2,50,000/- (Semi-Urban & Rural Locations)
NMC varies with location as follows:
₹ 8,000/- per quarter (Metro & Urban Locations)
₹ 4,000/- per quarter (Semi-Urban & Rural Locations)
AQB waiver basis ₹30 lakh quarterly volumes through POS/SmartHub Vyapaar App/Payment Gateway
Customer may avail Zero NMC benefit in quarter subsequent to account opening quarter, if he/she is active on all 3 digital services (i.e. Net-Banking/ Mobile-Banking, Debit Card (ATM/ POS transaction) and Bill Pay) within first 2 months of account opening.
Additionally, the customer will enjoy Zero NMC if the credit throughput value through ME/MPOS/MEAPP in a quarter is ₹30 lakh or more.
Following are the key features of Max Advantage Current Account:
Combined Cash Deposit (Anywhere in India) – 12 times of current month AMB (Upper cap of ₹75 crore per month)
Cash Withdrawal (Non-Home Branch)- 12 times of current month AMB (Upper cap of ₹75 crore per month)
Cash Withdrawal is FREE at Home Branch
DD/ PO (Bank Location) – Unlimited Free
DD/ PO (Corr. Bank Location) – Free up to ₹30 lakh per month
Cheque Leaves – Free 100 cheque leaves for every slab of ₹1 lakh of current month AMB balance maintained (Upper Cap of 2000 cheque leaves per month)
Total Transaction (includes count of Cash Deposit, Cash Withdrawal, Cheque Clearing and Fund Transfer Transactions) – 150 transactions for every slab of ₹ 1 lakh of current month AMB balance maintained. (Upper Cap of 3000 transactions per month)
Unlimited Free NEFT/RTGS/IMPS transactions
Max Advantage Current Account offers multiplier benefits for cash deposit transactions. The free limit offered is 12 times of current month AMB (Home + Non-home location). This is capped at a maximum of ₹75 crore per month.
Cash withdrawal is completely free for home branch. In case of non-home branch, customer is offered a free limit up to 12 times current month AMB; capped at a maximum of ₹75 crore per month.
Following are the free limits for issuing DD/POs
DD/POs (Bank Location) – Unlimited Free
DD/POs (Correspondent Bank Location) – Free up to ₹30 lakh per month
Cheque Leaves – Free 100 cheque leaves for every slab of ₹1 lakh of current month AMB balance maintained (Upper Cap of 2000 cheque leaves per month)
Max Advantage Current Account offers multiplier benefits for Total transactions - Free limit of 150 transactions for every slab of ₹1 lakh of current month AMB balance maintained. There’s an upper Cap of 3000 transactions per month
(Note: Total Transactions include count of Cash Deposit, Cash Withdrawal, Cheque Clearing and Fund Transfer Transactions)
NEFT / RTGS payments through branch/online mode and IMPS transactions are offered FREE to Max Advantage Current Account customers.
Bank anytime, anywhere in person at a branch or ATM, from your laptop or mobile. Click here for more details.