Note: No new accounts will be clubbed under Family Savings Group Account. This is valid only for existing accounts.
All members with individual HDFC Bank accounts are eligible.
A Family Savings Group (FSG) can have at least 2 and a maximum of 4 accounts.
Non-Resident (NR) accounts are also eligible for grouping.
Accounts such as Savings Max, Current, and HUF accounts cannot be included in an FSG.
The Group ID is determined by the Customer ID of the primary account holder.
The primary account holder must not be a minor.
Definition of Family: A family is constituted by spouses, parents, children, siblings, grandparents, or grandchildren.
To qualify for a Family Savings Group (FSG) Account, all members with individual HDFC Bank accounts are eligible to participate. A Family Savings Group can comprise at least 2 and up to 4 accounts, which may include Non-Resident (NR) accounts. However, certain accounts like Savings Max, Current, and HUF accounts are not eligible for inclusion in an FSG. The primary account holder's Customer ID serves as the Group ID, and it's essential that the primary account holder is not a minor.
Eligibility for Family Savings Group Account extends to all members holding individual HDFC Bank accounts. A Family Savings Group (FSG) may comprise at least 2 and a maximum of 4 accounts, including Non-Resident (NR) accounts. However, certain accounts such as Savings Max, Current, and HUF accounts are ineligible for inclusion in an FSG. The Group ID is assigned based on the Customer ID of the primary account holder, who must not be a minor.