Savings Max Account

Key Benefits

Know more about Savings Max Account for Women

Value Proposition

Product Features

SAVINGS

Lifestyle Brand vouchers

₹ 300

Medibuddy Health check-up

₹ 2,000

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

₹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

₹ 28,300

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 Customer, w.e.f. 1-Aug'23, is eligible for cumulative voucher value of INR 300 from Amazon/Nykka/ Zepto/ InstaMart if the Debit card is active every month (90 days from account opening) and Product Average Quarterly Balance as per T&C is maintained in SB Max account for the quarter from next month of Account opening. This offer is a one-time offer with account opening.

MediBuddy - Free health check-up for the customers, subject to debit card active within the first 30 days of account opening and product benchmarks being met.

FD cushion is not applicable for claiming merchant benefits. Only successful debit card transactions will be considered and reversals on any transactions will not be considered as successful debit card transactions. ATM transactions or withdrawals will not be considered under successful debit card transactions.

Merchant alliance offers are not eligible for account upgrades and will be provided only on new account opening. However, the Customer will be eligible for other product benefits on Investments / Transaction benefits like ATM, Cash, Cheque book/ etc. will be eligible. Any downgrade in the product (to Other Savings account) would lead to the Customer for not being eligible for Merchant Alliance benefits.

Bank reserves the right to change/ modify/ withdraw/ suspend the offers from time to time.

Customer would be eligible for all the subject debit card offers only once and cannot re-apply for the offers. The offers can be availed only once by the customer and would not be applicable for another account opened under the same product

In case of any issue relating to the above offer including any dispute or discrepancy or non-receipt of voucher or on my/our eligibility, HDFC Bank’s decision shall be final and binding on me/us in all respects.

Vouchers will be sent to you on your registered mobile number and email ID. The Bank will not be responsible or liable in case the above offer is not configured or could not be availed due to any restrictions including DNC/ NDNC or any delay, congestion on any telephone network or line or issues related to computer on-line system, servers or providers, website or mobile app or any other reason beyond the control of HDFC Bank.

Additional product features over and above the value proposition

Wondering if you are eligible?

Female Resident Individual (sole or joint account - The first account holder should be a woman.)

  • Hindu Undivided Families
  • Foreign Nationals Residing in India*

*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

It is a premium Savings Account with smart savings, lifestyle, health and banking benefits.

Eligible customers can receive vouchers from participating brands, subject to offer terms.

Yes, a complimentary MediBuddy health check-up is available, subject to eligibility.

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

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

Save smarter with benefits made for women.