Savings Max Account

What's in store for you

Key Benefits

Know more about Savings Max Account for Citizen

Value Proposition

Product Features

SAVINGS

Cyber Cover of ₹25,000*

₹ 500

Personal Accidental Death Cover of ₹10 Lakh on your Savings Max 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 Crore*

₹ 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

₹ 3,000 per year

(Assuming Medium / Small sized locker)

Domestic Airport Lounge Access - 2 per quarter on Platinum Debit Card

₹ 6,000 per year

(assuming 4 usage per year)

Total savings

₹ 26,500

Additional product features over and above the value proposition

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.
  • Click Doorstep Banking to know more
Additional product features over and above the value proposition

Wondering if you are eligible?

You can open an HDFC Bank Senior Citizen’s Account if you are:

  • A resident individual aged 60 years or above
  • For Joint Accounts, the primary account holder must be a senior citizen
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

Surplus funds can move into Fixed Deposit through the MoneyMaximizer facility.

It is a premium Savings Account with smart savings, protection, digital banking and Debit Card benefits.

Yes,  doorstep banking is available subject to serviceability and applicable conditions.

Yes, on 50% first-year locker rental discount is available, subject to availability and terms.

Yes, Cyber Fraud Cover is available subject to eligibility and product terms.

Yes, eligible customers can enjoy Platinum Debit Card benefits as per product terms.

Save smarter with benefits for your golden years

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