Speciale Senior Citizen Savings Account

  • For consolidated Savings Fees and Charges Click here.

Frequently Asked Questions

Specialé Senior Citizen Savings Account incurs certain fees and charges.
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No, the HDFC Bank Specialé Senior Citizen Savings Account is not tax-free. Interest earned on savings accounts is taxable as per the Income Tax Act, of 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, Specialé Senior Citizen Savings Account incurs certain fees and charges.
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