| 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 | 1st return - ₹500 2nd return onwards - ₹550 |
|
| Due to Technical reasons: ₹50 per instance. Note: Technical reason include date not mentioned, post dated, sign mismatch |
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| 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 Rs. 5,00,000/- Rs.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 | Return In a month | |
| 1st instance in a month: ₹500 per transaction | ||
| 2nd return onwards 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.
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.