Savings Max Account

What's in store for you

More rewards than ever before

Insurance Benefits

  • Accidental Hospitalisation cover of ₹1 lakh

Cross-Product Benefits

  • Locker service available at a 50% discount for the first year

Transaction Benefits

  • Unlimited cash withdrawals and balance enquiries across HDFC Bank ATMs

Check out the deals

  • CashBack and discounts with Debit Card: 5% CashBack on shopping via PayZapp and SmartBuy.

  • SmartBuy Offer: Click here

  • PayZapp offer: Click here

  • UPI offers: Click here

  • NetBanking offers: Click here

  • BillPay offers: Click here

Savings Max Account

Key Benefits

Know more about Savings Max Account

Value Chart

Savings up to ₹26,000*

Product Features SAVINGS
Personal Accidental Death Cover of ₹10 lakh on your SavingsMax Account* ₹1,500 per year
Personal Accidental Hospitalisation cover of ₹ 1 lakh per annum* ₹1,000 per year
Personal Accidental Death Cover of ₹15 lakh on your Platinum Debit Card* ₹2,600 per year
Air Accident Cover of ₹3 Cr* ₹1,200 per year
Waiver on Platinum Debit Card charges for the primary holder ₹850 per year
Waiver on Platinum Debit Card charges for the secondary holder ₹850 per year
CashBack on Swiggy, Bookmyshow, international spends with Debit Card ₹9,000 per year
50% off on Lockers rental for the first year on SavingsMax account
(Assuming Medium / Small sized locker)		 ₹3,000 per year
Domestic Airport Lounge Access - 2 per quarter on Platinum Debit Card
(assuming 4 usage per year)		 ₹6,000 per year
Total savings ₹26,000

* Terms and Conditions Apply

Value Chart

Fees & Charges

  • Account Opening Charges: Nil
  • Average Monthly Balance (AMB): AMB for Metro / Urban / Semi Urban/ Rural - ₹25,000 or having an FD Relationship with the Bank (₹1.50 lakh in Metro/ Urban location & ₹1 lakh in Semi Urban/Rural location). Non-maintenance charges applicable*
  • Check Depositing Charges: Nil for cheque deposited into your account in a city other than the city, in which your account is located
  • Charges for Payable at Par Cheques: Nil for cheques issued in a city outside your account charges.
  • Issue Of Duplicate / Adhoc Online Statement: No charge for last 5 years statement through NetBanking or e-Statement on registered E-mail ID
  • Issue Of Duplicate/Adhoc Offline Statement (Physical Copy): ₹100 for Regular Account holders, ₹50 for Senior Citizen Account holders

To check the comprehensive list of savings fees and charges, please click here.

Fees & Charges

Loan Offers

  • Up to 90% financing on the on-road price of your vehicle and a 7-year tenure

  • Save ₹2,375 with a 50% discount on processing fees for Two-Wheeler Loans

Additional product features over and above the value proposition

Deals & Offers

Check out the deals

CashBack and discounts with Debit Card: 5% CashBack on shopping via PayZapp and SmartBuy.

SmartBuy Offer: Click here

PayZapp offer: Click here

UPI offers: Click here

NetBanking offers: Click here

BillPay offers: Click here

Special Discounts and Offers

  • Get up to 90% finance on the on-road price of a vehicle and 7-year tenure when you apply for an Auto Loan
  • Save ₹2,375 and get a 50% discount on the processing fees when you apply for a Two-Wheeler Loan 
  • 50% discount on the issuance charges when you load a minimum of USD 2,000 (or equivalent) on a Forex Plus Card at any branch 
  • 50% discount on the issuance of a Gift Plus Card when you load a minimum of ₹5,000 on the card through the branch or via NetBanking 
Additional product features over and above the value proposition

Most Important Terms and Conditions

  • *The Most Important Terms and Conditions for each of our banking offerings features all the specific terms and conditions that govern their use. You must go through it thoroughly to fully understand the terms and conditions applicable to any banking product you choose.
Additional product features over and above the value proposition

Wondering if you are eligible?

The following are eligible to open an HDFC Bank Savings Max Account:

  • Resident Individual (sole or joint account)
  • Hindu Undivided Families
  • Foreign Nationals Residing in India*
  • Minor above the age of 10 years

*Foreign Nationals residing in India may open a Savings Max Account by temporarily attaching an undertaking (QA 22 Form) stating their sources of credit with a copy of their residence permit

 

Savings Max Account

Documents required to get you started

Officially Valid Documents (OVDs) for establishing Proof of Identity And Mailing Address

OVD (any 1)

  • Passport 
  • Aadhaar card
  • Voter ID 
  • Driving licence
  • Job Card
  • Letter issued by the National Population Register

**Proof of possession of Aadhaar (any 1):

  • Aadhaar letter issued by UIDAI
  • E-Aadhaar only downloaded from UIDAI website
  • Aadhaar Secure QR Code
  • Aadhaar Paperless Offline e-KYC
  • Click here to see the complete documentation details.

Ways to open a Bank Account

Frequently Asked Questions

To apply for an HDFC Bank Savings Max Account, visit the HDFC Bank website or any branch. Fill out the application form, submit the required documents (ID proof, address proof, and photograph), and deposit the minimum required amount. Alternatively, you can also apply online through the HDFC Bank website or mobile app. 

Yes, you need to provide identity proof (Aadhaar Card, PAN Card), address proof (latest utility bill, passport), and income proof (latest salary slips for salaried individuals, income tax returns for self-employed individuals) to open a Savings Max Account. 

The HDFC Bank Savings Max Account offers several benefits to account holders. These include total insurance cover up to ₹3.29 crore, providing financial security for you and your family. Account holders can earn higher interest rates on idle money with the MoneyMaximizer facility, ensuring that your money works harder for you. Finally, the account provides free insurance cover, offering peace of mind for you and your loved ones. 

Grow your savings today with flexible, safe and easy banking.

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