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 - Free Monthly statements
Issue of duplicate / ad hoc statements Soft Copy -
Current and previous year statement through NetBanking - No charge
eStatement 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
Hold Statement ₹400 per year
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
Collection of outstation cheques - other locations Charges for cheques drawn on Non-Branch locations Trust Account
  Up to Rs 10,000 ₹25 
  ₹10,000 to ₹1lakh ₹100 
  ₹1lakh and above ₹150 
  Cheques drawn on speed clearing branches - Free
Cheque return charges drawn on us For the first instance in a month: ₹450
Charges due to funds transfer cheque return: ₹450
2nd instance in the same month: ₹500
3rd instance and above in the same month: ₹550
  Due to Technical reasons: ₹50 per instance.
Note: Technical reason include date not mentioned, post dated, sign mismatch
Cheques deposited returned unpaid ₹100 
Balance Enquiry - at Branch Free
Balance Certificate ₹100
Interest Certificate ₹100
TDS Certificate Free
Account Closure (from account opening date) Up to 14 days: NIL
15 days up to 6 months: ₹500
6 months up to 12 months: ₹500
Beyond 12 months: NIL
Photo Attestation ₹100 per instance
Signature Attestation ₹100
Address Confirmation ₹100
Stop Payment Charges Particular Cheque: ₹50
Range of Cheques: ₹100
*Both free via Phone Banking and Net Banking
Standing Instructions Setting up charges: NIL
₹25 per transaction plus remittance charge
Old records/copy of paid cheques ₹80
Activation of dormant account No charges
Branch transactions (Includes only Cheque deposit/Cheque issuance/Funds Transfer Debit) Free
Inter Branch transactions (transaction at non account branch) through teller counters - Funds Transfer Free
Inter Branch transactions including Third party (transaction at non account branch) through teller counters - Cash transactions. Cash transactions up to ₹5 lakh free per day
Above ₹5 lakh a charge of ₹5 per 1,000 will be levied on the full amount
Cash transactions at Home Branch Free
Local Cheque deposited for outstation accounts No Charge
Phone Banking - IVR Free
Phone Banking - Non IVR Free
InstaPay ₹10 plus applicable taxes, per transaction
Visa Money Transfer ₹5 plus applicable taxes, per transaction
NEFT Charges - Inward Free
NEFT Charges- outward Free
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 charges - outward (Branch) Free
RTGS - Inward Free
MobileBanking NIL
NetBanking Free
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
TIN/IPIN Regeneration (requests received at the branch for physical dispatch) ₹40
Standing Instructions rejects ₹200 per instance
Debit Card Charges
  Business# ATM Card
Annual Fee per Card ₹250 Free
Daily ATM Limit ₹1 lakh ₹10,000
Daily Merchant Establishment Point of Sale Limit ₹5 lakh NA
Forex Transactions The bank will charge a 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
Mandate registration charges ₹40
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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.