What is the minimum saving account balance in HDFC?
Minimum Balance Requirements
Some variants of HDFC Bank Savings Account also offer features like unlimited cash withdrawals at ATMs and zero-balance maintenance requirement, which further adds to the appeal of a Savings Account..
What happens if minimum balance is not maintained HDFC?
So, if the AMB is below ₹2,500 in an urban branch account, the charges are ₹600 per month while if the AMB is less than ₹10,000 but above ₹7,500, the charge is ₹150. The charges are divided into four slabs, including these two.08-Jul-2020
Which bank has lowest minimum balance?
List of All Banks Savings Account Interest Rates and Minimum Balance 2022
HDFC Bank's Basic Savings Bank Deposit Account (BSBDA), provides access to the best banking services, without requiring that you maintain a minimum balance. With our BSBDA account, you can access banking services across multiple branches ATMs and branches around the country.
Which HDFC account is best?
Best Zero Balance Savings Account Of October 2022
Which bank is best for zero balance?
Latest Interest Rate for Zero Balance Savings Account
You won't be able to terminate your account online if you have a negative balance. To make the amount zero, you can make an online money transfer into the account. However, you must visit the branch to finish the account closure process and submit the account closure form.14-Aug-2022
How do you avoid minimum balance?
You can link your fixed deposit account and savings account to enable funds transfer between the two. In this way, you can avoid the minimum average balance from going below the threshold value.25-Feb-2022
In semi-urban branches, the regular savings account holders are required to maintain an average balance of ₹ 5,000 every month.HDFC Bank.
Can I have 2 savings account in HDFC?
At HDFC Bank, there is a Savings Account for all your needs. While there's no limit to how many Savings Account you can have, there are a few things to consider before signing up for more than one.
Axis Bank and HDFC Ltd are two of the most popular private sector banks in the country.Comparison Between Axis Bank and HDFC Home Loans.
Which type of HDFC account is zero balance?
Basic Savings Account
The minimum average monthly amount for the bank's regular savings accounts is Rs 10,000 for metro areas, Rs 5,000 for semi-urban areas, and Rs 2,000 for rural areas.03-Aug-2022
What is minimum balance in SBI?
Minimum balance in SBI bank savings account 1000 monthly in rural areas. In semi-urban areas, the AMB is Rs. 2000, and in the metro city, the account holder has to maintain an AMB of Rs. 3000.06-Sept-2022
Top Savings Bank Accounts of 2022
How does HDFC minimum balance work?
The minimum balance limit in case of HDFC Bank is Rs 10,000 for urban branches and Rs 5,000 for semi-urban branches. According to new rules announced by SBI, account holders will have to maintain the monthly balance or else they will invite a penalty ranging from Rs 20 (rural branches) to Rs 100 in (metro cities).08-Mar-2017
HDFC Bank has an average customer rating of 4.5. In contrast, SBI has an average customer rating of 3.6, based on which it is clear that HDFC Bank has a high customer service focus, an easy process and a quick turnaround.
Which account is best SBI or HDFC?
SBI is preferred for a home loan and HDFC bank is the preferred choice when it comes to personal banking. SBI is known for its low-interest rates whereas HDFC bank is the preferred choice when it comes to the quality of banking services.03-Jul-2021
What is the minimum saving account balance in HDFC?