Common Savings Account Fees and Charges

Description of Charges Applicable to -
Savings Max Account / Regular Savings Account / Women’s Savings Account /Super Kids Savings Account / Kids Advantage Account / Senior Citizen’s Account / DigiSave Youth Account / Saving Farmers Account
 
Issue of duplicate/ad hoc statements Soft Copy:
Current and previous year statement through NetBanking: No charge
E- Statement on registered E-mail ID: No charge
Physical copy:
Branch: ₹100
PhoneBanking (Non IVR): ₹75
PhoneBanking (IVR), Net Banking, Mobile Banking, and ATM: ₹50
For Senior Citizen:
Branch: ₹50
Phone Banking (Non IVR): ₹50
Phone Banking (IVR), Net Banking, Mobile Banking, and ATM: ₹30, effective July 1, 2013.
 
Passbook issuance* Free  
Duplicate passbook issuance* ₹100, for Senior citizens: ₹90, effective March 1, 2021.  
Manage cheque/Demand Drafts Cancellation/revalidation ₹45, for Senior citizens, ₹40, effective August 1, 2022.  
Demand Drafts (issued) - on non-HDFC Bank locations ₹50 plus charges as outlined below:
Up to ₹500
₹10
Above ₹500 to ₹1,000
₹15
Above ₹1,000 to ₹5,000
₹25
Above ₹5,000 to ₹10,000
₹30
Above ₹10,000
₹5 per 1,000 or part thereof (minimum ₹75 to maximum ₹10,000)
 
  For Senior citizens, effective March 1, 2021.
₹45 plus charges as outlined below:
Up to ₹500
₹10
Above ₹500 to ₹1,000
₹15
Above ₹1,000 to ₹5,000
₹25
Above ₹5,000 to ₹10,000
₹30
Above ₹10,000 to ₹1 lakh
₹3 per 1,000
Above ₹1 lakh
₹6 per 1,000 or part thereof (maximum ₹10,000)
 
Cheque collection - Local clearing zone Free  
Cheque return charges drawn on us - Local Due to insufficient funds, effective August 1, 2021

Return in a month
1st - ₹450, Senior citizen: ₹400
2nd r- ₹500, Senior citizen: ₹450
3rd onwards - ₹550, Senior citizen: ₹500

Due to funds transfer cheque return
₹350, Senior citizen: ₹315

Due to technical reasons
Click here to know the technical rejections
₹50, Senior citizen: ₹45.
 
Cheques deposited - returned unpaid, effective December 1, 2017. ₹200 per instance  
Balance enquiry - At branch Free  
Balance Certificate Free, effective August 01, 2022  
Interest Certificate Free, effective August 01, 2022  
TDS Certificate Free  
Account Closure (from account opening date) Up to 14 days: NIL
15 days up to 12 months: ₹500, Senior citizens: ₹300
Beyond 12 months: NIL, effective July 01, 2013.
 
Photo attestation ₹100 per instance, Senior Citizens: NIL, effective July 1, 2013.  
Address confirmation Free, effective August 1, 2022.  
Stop payment charges Particular cheque: ₹100, free through Net Banking
Range of cheques: ₹200, free through Net Banking
For Senior Citizens: Effective March 1, 2021
Particular cheque: ₹90, free through NetBanking
Range of cheques: ₹180, free through NetBanking
 
Old records/copy of paid cheques Up to 1 year: ₹50 per record; above 1 year: ₹100 per record.
Effective August 1, 2021: ₹80 per record, Senior citizen: ₹72 per record.
 
Activation of dormant account No charges  
Local cheque deposited for outstation accounts No charge  
Phone Banking -IVR Free  
Debit Card (transaction charge) - Non-HDFC Bank international ATMs ₹25 per balance enquiry and ₹125 per cash withdrawal

The Bank will charge cross-currency mark-up of 3.5% on foreign currency transactions carried out on Debit Cards. The exchange rate used will be the VISA/MasterCard wholesale exchange rate prevailing at the time of transaction.
 
Debit Card PIN regeneration charge ₹50  
Decline charge for insufficient balance Transactions declined at other bank ATMs anywhere in the world or at a merchant outlet outside India due to insufficient funds will be charged at ₹25 per transaction  
BillPay Free  
Visa Money Transfer ₹5 per transaction  
NEFT charges - Inward NIL  
NEFT charges - outward (online mode) Free, effective November 1, 2017.  
NEFT charges - outward (Branch) Up to ₹1 lakh - ₹2 per transaction
Above ₹1 lakh - ₹10 per transaction

For Senior Citizens, effective March 1, 2021
Up to ₹1 lakh - ₹1.8 per transaction
Above ₹1 lakh - ₹9 per transaction
 
NEFT Charges for Indo-Nepal transactions Customers having NSBL* account: ₹20
Customers having non-NSBL* account
Up to ₹5,000 - ₹70
Above ₹5,000 - ₹95
*Nepal State Bank limited.
 
RTGS charges - Inward NIL  
RTGS charges- Outward (Online mode) Free, effective November 1, 2017 (effective 1st Nov'17)  
RTGS charges– Outward (Branch) ₹2 lakh and above: ₹15 per transaction

For Senior Citizens: Effective March 1, 2021
₹2 lakh and above: ₹13.5 per transaction
 
  Note: RTGS is now available 24x7 (except 11.30 PM to 12.30 AM, due to cut-off)  
IMPS (Immediate Payment Service) – Outward Charges with effect from October 01, 2020
Amount up to ₹1,000: ₹3.50 per transaction
Amount above ₹1,000 to ₹1 lakh: ₹5 per transaction
Amount above ₹1 lakh to ₹2 lakh: ₹15 per transaction ​​​​​​​
 
IMPS (Immediate Payment Service) - Inward NIL  
Mobile Banking Free  
Net Banking Free  
Any deliverable returned by courier due to negative reasons (no such consignee/consignee shifted and non-existent address) ₹50 per instance  
TIN regeneration (requests received at the branch for a physical dispatch) Free, effective August 1, 2022  
IPIN regeneration (requests received at the branch for a physical dispatch) ₹40 per instance, for Senior citizen: ₹36 per instance, effective August 1, 2021  
SI rejects ₹200 per instance  
One time Mandate Authorisation Charges per mandate (Physical / Online) ₹40 For Senior citizen: ₹36, effective August 1, 2021.  
Signature Attestation ₹100, Senior citizen - ₹90  
ECS /ACH Return Charges Return in a month
1st: ₹450, Senior citizen: ₹400)
2nd: ₹500, Senior citizen: ₹450
3rd onwards: ₹550, Senior citizen: ₹500)
 
InstaAlert Charges Click here to view charges  
Cardless Cash Withdrawal ₹25 plus taxes per transaction

Frequently Asked Questions

Yes, the Savings Account with HDFC Bank incurs certain fees and charges.

No, the Savings Account is not tax-free. Any interest income earned on Savings Account deposits, wherein the annual income from the interest exceeds ₹10,000, is subject to taxation, as per your Income Tax slab.

No, Savings Accounts typically do not incur a monthly fee. However, you may be charged an annual fee towards the maintenance/usage of the ATM-cum-Debit Card issued with the corresponding Savings Account. Fees are also levied for certain add-on services like additional Cards and cheque books, among other things.