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You are here: Personal Banking > Accounts & Deposits > SavingsMax Account         

Savings Max
Features and Benefits
Eligibility
Fees & Charges
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HDFC Bank High Interest Savings Account
Welcome to a world of convenience. Presenting SavingsMax account, loaded with maximum benefits to make your banking experience a pleasure. By maintaining an average monthly balance of just Rs. 25,000/- you get a host of premium services from HDFC Bank absolutely free*.

Features & Benefits
Free unlimited transactions: Cash withdrawal and balance enquiry, at all HDFC Bank ATMs & at all non HDFC Bank domestic ATMs using your HDFC Bank Debit Card
Free Titanium Royale Debit Card for primary account holder for lifetime of the account. Titanium Royale Debit Card for other account holders at Rs 250/- p.a.
Free Woman's Advantage/International Debit Card for all account holders for lifetime of the account.
Free Payable-at-Par chequebook, without any usage charges.
Free Demand Drafts on HDFC Bank locations, upto a limit of
Rs. 1 lac per day.
Self/Third Party Cash Deposit/Withdrawal at non-home branches, upto Rs 50,000/- per day free. Above Rs 50,000 a charge of Rs 5 per thousand on the full amount would be applicable.
Optional "MoneyMaximizer" (sweep- out) facility for conversion of your surplus money into high earning fixed deposits, at the threshold of Rs.1,25,000/- . In the event of the balance in SavingsMax account exceeding / reaching Rs.1,25,000/-, the amount in excess of Rs.1,00,000/- will be swept out in to a Fixed Deposit with a minimum value of Rs.25,000/- for a 1year 1day period *
Free BillPay & InstaAlerts for all account holders for lifetime of the account.
Free Monthly Statement of Account.
50% off on the Locker rental calculated on a pro-rata basis and applicable only for the year of allotment.
Folio maintenance charges on Demat account free for first year.
Free NetBanking, PhoneBanking & MobileBanking.
Free Passbook facility available at home branch for account holders (individuals).
Free Email Statement facility .
Special Privileges
Insurance Benefits (applicable from 1st Aug 09)
  • Enjoy an Accidental Hospitalization cover of Rs. 1 lac per annum on your SavingsMax account.

  • You can also claim daily cash allowance* at Rs.1,000/- per day for a maximum of 15 days per year, for each day of hospitalization due to an accident.

    • This is a re-imbursement cover, extended only to the first holder of the SavingsMax account.
    • It would be applicable after the completion of the 1st calendar quarter, post the quarter of a/c opening.
      Eg. If the SavingsMax a/c is opened in August 2009, the insurance benefit will apply only from January 2010.
    • For the claim to be accepted & processed, the first holder of the SavingsMax account should have fulfilled the below 2 conditions -
      • Maintained an Average Monthly Balance of Rs. 25,000/- in the calendar month previous to the month of the date of accident.
      • Should have done at least 1 purchase - point of sale (POS) transaction at a merchant establishment using the Debit Card in the previous 3 months before the date of accident.
For further Terms & Conditions please click here
Preferential pricing on new Online Trading Accounts
  • Account opening charges Rs.399/- only (Regular pricing at Rs. 799/-)
  • 1 lac of trade volumes free (Valid for 3 calendar months post the online trading a/c opening month)
* Conditions Apply.
  Apply Now
    Just fill the Online Application Form and our representative will get in touch     with you shortly.

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