Veer Account

A Veer Account is an exclusive banking service offered by HDFC Bank for employees of defence units. It provides various benefits such as zero minimum balance requirement, unlimited ATM transactions, comprehensive insurance coverage, and a pension account.

The Millennia Debit Card issued with this Account comes with a domestic shopping limit of ₹3.5 lakh and an ATM withdrawal limit of ₹50,000 per day. You also get unlimited* ATM transactions across all bank ATMs. Click here to know the complete limit details for the Defence Salary Account.

No, there is no minimum deposit required to open a Veer Account in India with HDFC Bank.

• Zero balance Salary Account with no minimum balance requirement
• Salary family account included pension account
• Instant welcome kit with Millennia Debit Card and chequebook
• Unlimited ATM transactions on any bank ATM

• Complimentary domestic airport lounge access
• Cashback and discounts on Debit Card spends
• Enjoy personal accident insurance and air accident cover (coverage amounts mentioned above)*
• Fire and burglary coverage for items purchased under the Debit Card

The following are the broad Terms & Conditions of the captioned cover on salary account

• Accidental Death resulting from bodily injury due accident only.

• Accidental Death resulting from bodily injury which directly and independently of all other causes results in Death within twelve (12) months of the event date.

• On the event date, the account holder Is a bonafide employees (aged less than 70 years) of the organisation to whom the specific offer has been extended. 

• Is holding a Salary Account under the Corporate Salary Account Program with HDFC Bank and has received salary credit in the month or month prior.

• Should have carried out at least one purchase transaction using the Debit Card, within 6 months prior to the date of loss.

• In case of Air Accidental Death claim ticket should have been purchased using Debit Card linked to Salary Account.

• Cover provided only to the primary account holder. 
• Click here to know more.

In case an arrangement exists, we request you to visit the nearest branch along with a letter. The letter should have your complete name and account number and state that you have joined the corporate and want to convert your account to a salary account

A Defence ID can be accepted as a Photo ID document. 

The indicative time taken for the realisation of outstation cheques is given below: 

Cheques drawn where HDFC Bank has a branch, credit will be given on receipt of clear funds in:

• Main metro locations (Mumbai, Chennai, Kolkata, New Delhi): 7 working days

• Metro centers and state capitals (other than those of North-Eastern states and Sikkim): Maximum period of 10 working days.

• In all other centres where we have branches: maximum period of 14 working days.

• Cheques drawn on non-branch locations where we have a tie-up with correspondent banks, credit will be given on receipt of clear funds: Within a maximum period of 14 working days

• Cheques drawn on non-branch locations where we do not have a tie-up with correspondent banks, credit will be given on receipt of clear funds: Within a maximum period of 14 working days

For more details on the outstation cheque collection policy, click here. For other queries, Contact Us.

To be eligible, you must be employed with a Defence unit.