Institutional Savings Account Fees & Charges

Description of Charges Institutional Savings Account
Minimum Balance (Average Monthly Balance) Zero
Charges on non maintenance thereof NIL
Cheque Book Free
Account Statements - Monthly Free
Issue of duplicate / ad hoc statements Physical copy Branch - ₹100
Managers Cheques/Demand Drafts- Issuance/Re-issuance - On HDFC Bank Locations Free
Managers Cheque/Demand Drafts - Cancellation / Revalidation Free
Demand Drafts- Issued - On 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 ₹10,000 to ₹1 Lakh ₹3 per 1000 or part thereof
  Above ₹1 Lakh ₹6 per 1000 or part thereof, minimum ₹300 to maximum ₹10,000.
Cheque Collection - Local Clearing Zone Free
Collection of outstation cheques - our bank locations Free
Charges for cheques drawn on non HDFC Branch locations Free
Cheque return charges drawn on us For the first instance in a month: ₹450
2nd instance in the same month: ₹500
3rd instance and above in the same month: ₹550
Charges due to funds transfer cheque return: ₹350
  Due to Technical reasons: ₹50 per instance.
Note: Technical reason include date not mentioned, post dated, sign mismatch
Cheques deposited returned unpaid ₹200 
Balance Enquiry - at Branch Free
Balance Certificate Free
Interest Certificate Free
TDS Certificate Free
Account Closure (from account opening date) Up to 14 days: NIL
15 days up to 12 months: ₹500
Beyond 12 months: NIL
Photo Attestation Free
Signature Attestation Free
Address Confirmation Free
Stop Payment Charges Particular Cheque (through Branch) : ₹100
Range of Cheque (through Branch) : ₹200
*Free through Net Banking
Standing Instructions Setting up charges: NIL
Old records/copy of paid cheques Free
Cash transactions (Cash deposits & withdrawals) by self & third party at home branch Free
Cash transactions (Cash deposits & withdrawals) by self & third party at non home branch  Up to 5 lacs/day - Free,
Above ₹ 5,00,000/- ₹ 5 per thousand or part there of will be levied on the full amount
Local Cheque deposited for outstation accounts No Charge
ECS / ACH (Debit) Return Charges 1st instance in a month: ₹450 per transaction
2nd instance in a month: ₹500 per transaction
3rd instance and above in a month: ₹550 per transaction
Any Deliverable returned by courier due to negative reasons (no such consignee/ consignee shifted and no such address) ₹50 per instance
IPIN Regeneration (requests received at the branch for physical dispatch) Free
Standing Instructions rejects 1st return: ₹200 per instance
2nd return onward - ₹250 per instance
Mandate registration charges ₹40
InstaAlerts Click here to know more
All fees and charges are exclusive of taxes. The charges mentioned in the tariff will attract Goods & Services Tax as applicable. The above-mentioned charges will remain same until further intimation.
If you wish to avail Overdraft against Deposit in your Institutional Savings account, Debit/ATM Card will not be offered in this case. All the remaining features and charges linked to this account will be similar to Institutional Savings account.

Frequently Asked Questions

Yes, there are certain fees and charges of Institutional Savings Account. The HDFC Bank Institutional Savings Account, charges for interbranch transactions (transactions at non-account branches) through teller counters include: ₹350/- for the first instance of ECS return in a quarter, and ₹750/- for the second instance onwards in the same quarter.