Government Scheme Beneficiary Savings Account Fees & Charges

Description of Charges Savings Beneficiary Account
Minimum Average Balance Requirements NIL
Charges applicable on non-maintenance NIL
Value of Cash transactions - Self 
(Cumulative of Deposit and Withdrawal)
Home Branch:
10 lakh: Free per month per account.
Above 10 lakh: ₹5 per thousand or part thereof, subject to a minimum of ₹150
Non-Home Branch:
Cash transactions value up to ₹25,000 per day: No charge
Above ₹25,000: ₹5 per thousand or part thereof, subject to a minimum of ₹150
Cheque book Free: 25 cheque leaves per financial year
Additional cheque book of 25 leaves will be charged at ₹75 per cheque book
Issue of duplicate/ad hoc statements Soft Copy -
Current and previous year statement through Net Banking: No charge
e-Statement on registered E-mail ID: No charge
Physical copy -
Branch - ₹100
Phone Banking (Non IVR) - ₹75
Phone Banking (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 
Managers cheques/demand drafts- Issuance/re-issuance - At HDFC Bank locations DD/MC Issuance Charges Through Branch
  Up to ₹10,000 - ₹50  Above ₹10,000 - ₹5 per 1000 on entire amount.
Minimum ₹75 and maximum ₹10,000)
  Only DD amount up to ₹1lakh for Preferred/Imperia and ₹50,000 for other customers accepted at Phone Banking
  DD request through NetBanking
  Up to ₹10 lakh ₹50 plus correspondent bank charges if applicable, effective December 1, 2014
  Third party DD* up to₹1 lakh ₹50 plus correspondent bank charges if applicable, effective December 1, 2014
  *Third Party Registration required (customers registered for third party transfers have a maximum limit of 10 lakh per customer id and hence can issue multiple DDs of 1 lakh up to 10 lakh and send it to the beneficiary address)
Managers cheque/demand drafts - Cancellation/revalidation ₹100
NIL charges for Managers cheque/demand drafts: Cancellation/revalidation up to ₹1000.
Effective, January 1, 2016
Demand drafts issued - At non HDFC Bank locations ₹50 plus charges as outlined below:
  Up to ₹500 ₹10
  Above ₹500 to ₹1000 ₹15
  Above ₹1000 to ₹5000 ₹25
  Above ₹5000 to ₹10,000 ₹30
  Above ₹10000 ₹5 per 1000 or part thereof, minimum ₹75 to maximum ₹10,000.
Cheque collection - Local clearing zone Free  
Collection of outstation cheques - our bank locations Charges for cheques drawn on Branch locations Regular Savings Account
  Up to ₹5,000 ₹25, 
₹20 for rural branches/senior citizens account
  ₹5,001 to ₹10,000  ₹50, 
₹40 for rural branches / senior citizens account
  ₹10,001 to ₹1lakh ₹100 
  Above ₹1 lakh ₹150 
  Cheques drawn on Speed Clearing Branches - at non CTS locations Regular Savings Account
  Up to ₹1 lakh No charges
  Above ₹1 lakh ₹140 per instrument
  Cheques drawn on Speed Clearing Branches - at CTS locations No charge
  Effective December 1, 2014, Charges on FD receipts / Govt challans/Treasury bills-challans / Refund orders/Vouchers/Instruments (not in cheque form) deposited for collection would be levied as per correspondent bank charges.
Collection of outstation cheques - Other locations Charges for cheques drawn on Non-Branch locations Regular Savings Account
  Up to ₹5,000 ₹25, 
₹20 for rural branches/senior citizens account
  ₹5,001 to ₹10,000  ₹50, 
₹40 for rural branches/senior citizens account
  ₹10,001 to ₹1lakh ₹100 
  Above ₹1 lakh ₹150 
  Cheques drawn on Speed Clearing Branches - at non CTS locations Regular Savings Account
  Up to ₹1 lakh No charges
  Above ₹1 lakh ₹140 per instrument
  Cheques drawn on Speed Clearing Branches at CTS locations No charge
  Effective December 1, 2014, charges on FD receipts / Govt challans/Treasury bills-challans / Refund orders/Vouchers/Instruments (not in cheque form) deposited for collection would be levied as per correspondent bank charges.
Cheque return charges drawn on us - Local Due to insufficient funds:
Each cheque return will be charged for ₹500, effective December 1, 2017
  Charges due to funds transfer cheque return: ₹350
  Due to technical reasons: ₹50 per instance
Cheques deposited - Returned Unpaid (Effective 1st Dec'17) ₹200 per instance
Balance enquiry - At branch Free
Balance certificate Current year - Free; previous year - ₹50
Interest certificate ₹50 per instance
TDS certificate Free
Account Closure (from account opening date) Up to 14 days: NIL
15 days up to 12 months: ₹500, Senior citizen: ₹300
Beyond 12 months: NIL
Effective July 1st, 2013.
Photo attestation ₹100 per instance, Senior citizen: NIL
Effective July 1st, 2013
Address confirmation ₹50 per instance
Stop payment (request from customer not to honour cheque issued) charges Particular cheque: ₹100
Range of cheques: ₹200
*Both free through Net Banking
Standing Instructions ₹25 per transaction plus remittance charge, effective July 1, 2013
Old records/copy of paid cheques Up to 1 year: ₹50 per record; above 1 year:₹100 per record
Activation of dormant account No charges
Branch transactions (Includes only Cheque deposit/Cheque issuance/Funds Transfer Debit/NEFT/RTGS)
(Charges over and above standard remittance charges for Fund Transfer / NEFT / RTGS .Remittance charges applicable starting first transaction onwards)
In case the AMB in the previous month account is equal to or above ₹50,000 No charges would be levied.
In case the AMB is below ₹50,000 15 transaction free/month would be permitted and charge of ₹75/transaction would be levied 16th transaction onwards, effective July 1, 2013
Number of Cash transactions (Cumulative of Deposit and Withdrawal) 4 free cash transactions per month
5th transaction onwards - ₹150 per transaction would be levied
Third party Cash transaction (Cumulative of Deposit and Withdrawal) Up to a limit of ₹25,000 per day: ₹150 Above ₹25,000 not allowed 
For Senior Citizen customers, Kids/Minor Bank Accounts, while the limit of ₹25,000 per day will be applicable, the accounts will not be charged
Cash Handling charges Withdrawn effective March 1, 2017
Local cheque deposited for outstation accounts No charge
Phone Banking - IVR Free
Phone Banking - Non IVR Free
ATM card Free
ATM card - Replacement charges ₹200, effective December 1, 2014.
Debit Card Charges 
All fees will attract taxes as applicable
Debit Card Variant Issuance Fee Annual/Renewal Fee Replacement Charges
      Replacement/Reissuance charges for Debit Cards : ₹200 plus applicable taxes.
Effective December 1, 2016.
Rupay Premium Lifetime Free
Regular Card ₹150 ₹150
EasyShop Woman's Advantage  ₹200, effective March 1, 2018 ₹200, effective March 1, 2018
EasyShop Titanium ₹250 ₹250
EasyShop Titanium Royale ₹400 ₹400
Rewards Card ₹500 ₹500
EasyShop Platinum ₹750 ₹750
ATM / Debit Card Card transaction charge, effective September 2019. HDFC BANK ATMs Other Bank ATMs
  Financial Transactions: First 5 free per month across all cities.
Non Financial Transactions - No charge
In Top 6 cities: First 3 Transactions free per month (Financial plus Non-Financial)
Non-Top 6 cities : First 5 Transactions free per month (Financial plus Non-Financial)
  Note: Top 6 cities - Transactions done in Mumbai, New Delhi, Chennai, Kolkata, Bengaluru and Hyderabad ATMs
Transactions over and above free limit will be charges as under:
Cash withdrawal: ₹20 plus taxes per transaction
Non-Financial Transaction: ₹8.5 plus taxes per transaction at Non HDFC Bank ATMs
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 This service is free, effective August 1, 2011.
InstaPay ₹10 per transaction
Visa Money Transfer ₹5 per transaction
NEFT Charges - Inward NIL
NEFT Charges- outward (online mode) Free (effective 1st Nov'17)
NEFT charges - outward (Branch) Amounts up to ₹10,000: ₹2.5 per transaction
Amounts from ₹10,001 to ₹1 lakh: ₹5 per transaction
Amounts above ₹1 lakh up to ₹2 lakh: ₹15 per transaction
Amounts above ₹2 lakh: ₹25 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 Ltd
RTGS - Outward (online mode) Free, effective November 1, 2017
RTGS - Outward (Branch) Above ₹2 lakh 5lakh: ₹25 per transaction
Above ₹5 lakh: ₹50 per transaction
RTGS - Inward NIL
IMPS (Immediate Payment Service) – Outward Charges Effective January 01, 2017 
Amount up to ₹1 to ₹1lakh – ₹5 per transaction
Amount above ₹1 lakh to ₹2 lakh: ₹15 per transaction
IMPS (Immediate Payment Service) - Inward NIL
Mobile Banking NIL
Net Banking Free
ECS / ACH (Debit) Return Charges ₹350 would be levied on first instance of ECS return in a quarter. 
₹750 would be levied, second instance onwards in the same quarter.
Any deliverable returned by courier due to negative reasons (no such consignee/consignee shifted and no such address) ₹50 per instance
TIN re-generation (requests received at the branch for physical dispatch) ₹50 per instance
IPIN re-generation (requests received at the branch for physical dispatch) ₹100 per instance
Standing Instruction rejects ₹200 per instance
Insta Alerts Click here to know more

*At home branch for account holders (individuals)
Note: 
-Service/Transaction charges will be applied in the current month based on the AMB maintained in the account in the previous month
-Service/Transaction charges based on non - maintenance of AMB (as specified above) do not apply to Preferred, Corporate Salary and Super Saver customers
-All fees and charges are exclusive of taxes. The charges mentioned in the tariff will attract Goods & Services Tax as applicable

Frequently Asked Questions

Yes, the Government Scheme Beneficiary Savings Account incurs certain fees and charges.
Refer to the table given above for clarity.