To check the comprehensive list of savings fees and charges, please click here.
Click here for terms and conditions.
The HDFC Bank Savings Max Account is not tax-free. Interest earned on this account is subject to tax as per the Income Tax Act, 1961. However, senior citizens are eligible for a higher exemption limit on interest income from deposits under Section 80TTB of the Income Tax Act.
Yes, there may be charges associated with the HDFC Bank Savings Max Account. These can include account maintenance fees, transaction charges, and fees for additional services like cheque books and SMS alerts. It's advisable to check with the bank for the most current information on fees and charges before opening an account.