Senior Citizens Account

Your priorities are ours too! Take advantage of benefits designed specially to meet your needs – from day to day banking, health and investments.

Apply now for an HDFC Bank Senior Citizens Account.

Take Care

  • Accidental Hospitalisation Cover of Rs 50,000* per annum
 

Special Benefits

  • Preferential rates on Fixed Deposits
  • Special concessions on the first new Demat Account opened:
  • Special concessions on new Online Trading Accounts:

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Account Services

  • Free passbook facility for all account holders (individuals)
  • Free PhoneBanking, NetBanking and InstaAlert
  • Free e-statment facility
 

Debit Card

  • EasyShop International Debit Card free for life (for the first applicant)
    • Cash withdrawal limit of Rs 25,000 per day
    • Shopping limit of Rs 1.25 lakh per day

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Average Monthly Balance Calculator

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Contact Number
Ahmedabad
6160 6161

What features and benefits are offered with a Senior Citizens Savings account?

Features

You will get some exclusive privileges with your Senior Citizens account, just so that you know we care.

  • Shop with pride with your EasyShop International Debit Card, offered free for life to the primary account holder. You can spend up to Rs. 1.25 lacs per day at any point of sale (POS).
  • Enjoy cash withdrawals of up to Rs. 25,000 per day on your debit card at any HDFC Bank ATM.
    If the first applicant is a woman and new to the bank, our special free Woman’s Advantage Debit Card with cash withdrawals of up to Rs. 25,000 per day and shopping (point of sale) limit of Rs. 1.25 lacs per day will be issued by default
  • Withdraw cash for free at any bank’s ATM*
  • Payable-at-Par (PAP) chequebooks are issued free. With this facility, outstation cheques issued by you (for clearing) will be treated as local cheques, at any HDFC Bank location. What's more, there are no usage charges for availing the PAP facility.
  • Free passbook facility for all account holders (individuals)
  • Use PhoneBanking, MobileBanking, NetBanking and BillPay facility absolutely free for all your banking needs.
  • Avail free SMS alerts to know the transactions in your account.Get free Email statements.
  • National Electronic Funds Transfer (NEFT) facility is available.
  • Bank conveniently with facilities like NetBanking, PhoneBanking and MobileBanking – check your account balance, pay utility bills or stop cheque payments all via SMS.

*Conditions apply

Are there any special offers for senior citizens?

As a senior citizen, you can enjoy a host of benefits on your account:

  • Get preferential rates of FDs
  • Avail of special offers on Demat accounts
    • No annual maintenance charge (AMC) for the first year
    • Discounted AMC of Rs 250/- from second year onwards
      Dematerialisation of physical shares free for lifetimeThe offer is applicable only for the first
      Demat account linked to your Senior Citizens account
  • Special offers on new Online Trading Account
    • Account opening charges for only Rs. 599
  • Free travellers’ cheques

Insurance Benefits*

  • Get accidental hospitalisation cover of Rs. 50,000 per annum. This is a reimbursement cover for the first applicant.
  • Claim a daily cash allowance* once a year at Rs. 500 per day, for a maximum of 15 days per year, for each day of hospitalisation due to an accident. You just need to use your HDFC Bank Debit Card at a merchant establishment for purchase transactions.
    Note: Your claim will be processed only if you have used your HDFC Bank Debit Card at a merchant establishment at least once in the previous 6 months from the date of hospitalisation

    * Conditions apply

What are the eligibility criteria to open a Senior Citizens account?

Get details on eligibility criteria & documents required for HDFC Bank Senior Citizens Account

All resident individuals (sole or joint) in the age group of 60 years and above are eligible to open the Senior Citizens Account.
In the case of a joint account, the first applicant has to be a senior citizen.

Minimum Balance Requirement

  • A minimum deposit of Rs. 5,000/- is required to open a Senior Citizens Account and thereafter an Average Monthly Balance (AMB) of the same amount has to be maintained.
  • Non-maintenance of required AMB will invite charges of Rs.100/- per month.
  • Transaction charges will be applicable in case the specified AMB has not been maintained in the previous month.

What are the fees and charges of Senior Citizens Account ?

Enclosed below are HDFC Bank Senior Citizens Account fees and charges

Description of ChargesSenior Citizens Account
Minimum balance (average monthly balance) Rs. 5,000 (urban/semi-urban)
Charges applicable on non-maintenance If AMB of Rs 5,000 is not maintained - Rs 100/- per month would be levied.
Cheque book Free - 25 cheque leaves per calendar quarter
Additional chequebook of 25 leaves will be charged @ Rs 50/- per chequebook
PAP cheque book usage charges No charges
Issue of duplicate/adhoc statements Branch - Rs 100/-
PhoneBanking ( Non IVR) - Rs.75/-
NetBanking, Mobile Banking, PhoneBanking - IVR & ATM - Rs 50/-

For Senior Citizen

Branch - Rs 50/- per statement
• PhoneBanking ( Non IVR) - Rs.50/- per statement
• NetBanking , MobileBanking, PhoneBanking – IVR & ATM - Rs 30/- per statement
( w.e.f 1st July'13 )
Hold statement Rs. 400 per year
Passbook issuance* Free
Duplicate passbook issuance* Rs 100/-
Managers cheques/demand drafts (issuance/re-issuance) - At HDFC Bank locations
DD request through Branch
Upto Rs. 10,000 Rs. 40 (senior citizens/individuals in rural areas)
Rs. 30 through PhoneBanking
Above Rs.10,000 & upto Rs. 50,000 Rs. 60** (senior citizens/individuals in rural areas)
Rs. 30 through PhoneBanking
**Only DD amount upto Rs 100,000 for Preferred/Imperia & Rs 50,000 for other customers accepted at PhoneBanking
Above Rs. 50,000 & upto Rs. 1 lakh Rs. 2.50 per 1000 or part thereof (min Rs. 150)
Above Rs. 1 lakh Rs. 2 per 1,000 or part thereof (max Rs 10,000/-)
DD request through NetBanking
Upto Rs. 1 lakh Rs. 30+(Correspondent Bank charges if applicable)
Third party DD* upto Rs. 1 lakh Rs. 30+(Correspondent Bank charges if applicable)
(*Third party registration required. Customers registered for third party transfers have a maximum limit of 10 lakh per cust id and hence can issue multiple DDs of Rs 1 lakh upto Rs 10 lakh and send it to the beneficiary address)
Managers cheque/demand drafts - Cancellation/revalidation Rs. 50
Rs. 40 (senior citizens/individuals in rural areas)
( Nil charges for Managers cheque/demand drafts - Cancellation/revalidation up to Rs.100/-)
( w.e.f 1st July'13 )
Demand Drafts (issued) - At non-HDFC Bank locations
Rs. 50 plus charges as outlined below:
Upto Rs. 500 Rs. 10
Above Rs. 500 to Rs. 1000 Rs. 15
Above Rs. 1,000 to Rs. 5,000 Rs. 25
Above Rs. 5,000 to Rs. 10,000 Rs. 30
Above Rs. 10,000 to Rs. 1 lakh Rs. 3 per 1,000 or part thereof
Above Rs. 1 lakh Rs. 6 per 1,000 or part thereof (min Rs 300 to max Rs 10,000/-)
Cheque Collection - Local Clearing Zone Free
Collection of outstation cheques - our bank locations
Charges for cheques drawn on Branch locations Senior citizens account
Upto Rs 5,000 Rs. 20/-
Rs. 5,001/- to Rs. 10,000/- Rs. 40/-
Rs. 10,001/- to Rs. 1,00,000/- Rs. 100/-
Rs. 1,00,001/- and above Rs. 150/-
Cheques drawn on Speed Clearing Branches - at non CTS locations Senior Citizens Account
Upto Rs. 1,00,000 No charges
Rs. 1,00,001/- and above Rs. 140/- per instrument
Cheques drawn on Speed Clearing Branches - at CTS locations No charge
Collection of outstation cheques - Other locations
Charges for cheques drawn on non-branch locations Senior Citizens Account
Upto Rs 5,000 Rs. 20/-
Rs. 5,001/- to Rs. 10,000/- Rs. 40/-
Rs. 10,001/- to Rs. 1,00,000/- Rs. 100/-
Rs. 1,00,001/- and above Rs. 150/-
Cheques drawn on Speed Clearing Branches - at non CTS locations Senior Citizens Account
Upto Rs. 1,00,000 No charges
Rs. 1,00,001/- and above Rs. 140 /- per instrument
Cheques drawn on Speed Clearing Branches - at CTS locations No charge
Cheque return charges drawn on us - Local
Due to Insufficient funds -
First cheque return in a quarter - Rs 350/-
From second cheque return in the same quarter – Rs 750/- per return
Charges due to funds transfer cheque return - Rs. 350/-
Due to technical reasons ( eg. - Date not mentioned, post dated, sign mismatch, etc ) - No charge
Cheques deposited - Returned unpaid Charge of Rs 80/- per instance would be levied for senior citizens
Cheques deposited - Outward
Rs. 50
Rs. 100 on non-maintenance of min balance
Balance enquiry - At branch Free
Balance Certificate Current year - Free; previous year - Rs. 50
Interest Certificate Rs. 50
TDS Certificate Free
Account closure

Upto 14 days - Nil

15 days upto 12 months - Rs 500/- ( Rs 300/- for Senior Citizens)

Beyond 12 months - Nil
( w.e.f 1st July'13 )

Photo attestation Rs 100/- per instance ( Nil for Senior Citizens )
( w.e.f 1st July'13 )
Address confirmation Rs 50/- per instance
Stop payment charges Particular cheque - Rs. 50 (free through PhoneBanking and NetBanking); range of cheques - Rs. 100 (free through PhoneBanking and NetBanking)
Standing instructions Rs. 25 per transcation plus remittanceremittance are also different. charge
( w.e.f 1st July'13 )
Unarranged overdraft NA
Old records/copy of paid cheques Upto 1 year - Rs. 50 per record; above 1 year - Rs. 100 per record
Activation of dormant account No charges
Branch transactions (includes only cheque deposit/cheque issuance/funds transfer debit/NEFT/RTGS)
- In case the AMB in the previous month account is equal to or above Rs 50000/- No charges would be levied
- In case the AMB is below Rs 50,000/- 15 txn free/month would be permitted and charge of Rs 75/txn would be levied 16th transaction onwards. ( w.e.f 1st July'13 )

Cash transactions (Cash deposits & withdrawals) by self at home & Non-home branches
Number Cap 5 free cash transactions per month would be permitted and Rs 100/- per txn would be levied 6th transaction onwards (plus taxes)
Cash transactions (Cash deposits & withdrawals) by self at home & Non-home branches
Value Cap Home Branch - No limit
Non Home branch:
- Cash transaction value upto Rs. 49,999/ per day - No charge
- Above Rs. 49,999/- Rs 5/- per 1,000/- on the full amount (plus taxes)
Cash handling for cash deposit at home branch For non-managed customers

- Cash deposit value upto Rs 1 lakh/day - No charge
- Above Rs 1 lakh - Rs 25/- per Rs 50,000 or part thereof.

Charge will be levied for the full amount.
Third Party Transactions at Home & Non - Home branch
Value Cap Upto a limit of Rs.49,999 per day - Rs.100 (plus taxes). Rs.50,000 & Above - Not allowed (w.e.f 1st September'13) For Senior Citizen customers, Kids / Minor accounts, while the current limits will be applicable, the accounts will not be charged
Local Cheque deposited for outstation accounts No Charge
Phonebanking - IVR Free
Phonebanking - Non IVR
Free
Rs. 50 per call on non maintenance of Min balance for transactions that are available on IVR but are done through the PhoneBanking executive.
ATM Card Free
ATM Card - Replacement charges Rs. 100 (plus taxes)
ATM Card - Transaction charge for Non-Partner banks NA
Debit Card - Annual Fee - Regular Free for life time for 1st applicant
Rs.100 per year (plus taxes) for other applicants
Debit Card - Annual Fee - Women's Card Free for lifetime for 1st applicant
Rs. 100 per year (plus taxes) for other applicants
Debit Card - Renewal Fee - Regular Free for lifetime for 1st applicant
Rs. 100 per year (plus taxes) for other applicants
Debit Card - Renewal Fee - Women's Card Free for lifetime for 1st applicant
Rs. 100 per year (plus taxes) for other applicants
Debit Card - Replacement charges Replacement of a damaged card - No charges & Replacement of a lost card - Rs. 100 (plus taxes) (for all card types)
Debit Card - Transaction Charge - HDFC Bank ATMs Free
Debit Card - Transaction Charge - Non HDFC Bank Domestic ATMs A total of 5 free ATM financial and non-financial transactions per month

Additional transactions Rs. 20/- (inclusive of taxes) per transaction for ATM Cash Withdrawals

Rs. 8.50/- (exclusive of taxes) per transaction for ATM non-financial transactions
Debit Card - Transaction Charge - Non HDFC Bank International ATMs Rs. 15 per balance enquiry & Rs. 110 per cash withdrawal (plus taxes)

The Bank will charge cross-currency mark-up of 3.5% on foreign currency transactions carried out on Debit Cards. The exchange rate used will be the VISA/Master Card wholesale exchange rate prevailing at the time of transaction
PIN regeneration charge Rs. 50 (plus taxes)
Decline charge for insufficient balance Transactions declined at other Bank ATMs anywhere in the world or at a Merchant outlet outside India due to insufficient funds will be charged at Rs. 25 per transaction (plus taxes)
Add-on Debit Card - Regular Rs. 100 per year (plus taxes) - One add-on card free for the first year
Add-on Debit Card - Women's Card Rs. 100 per year (plus taxes)
BillPay This service is free w.e.f 1st August'2011
InstaPay Rs. 10 (plus taxes) per transaction
InstaAlert Free
Visa Money Transfer Rs. 5 (plus taxes) per transaction
NEFT Charges - Inward NIL
NEFT Charges- outward
  • Amounts up to Rs. 10,000 - Rs.2.5 (exclusive of taxes) per transaction
  • Amounts from Rs.10,001 to Rs.1 lakh - Rs. 5 (exclusive of taxes) per transaction
  • Amounts above Rs. 1 lakh up to Rs. 2 lakh - Rs. 15 (exclusive of taxes) per transaction
  • Amounts above Rs.2 lakh – Rs.25 (exclusive of taxes) per transaction
NEFT Charges for Indo Nepal transactions Customers having NSBL*A/c - Rs 20/-
Customers having Non-NSBL* A/c:
Upto Rs 5,000 - Rs 70/-
Above Rs 5,000 - Rs 95/-
* Nepal State Bank Ltd
RTGS - Outward
  • Above Rs. 2 Lakhs to 5 Lakhs - Rs. 25 (inclusive of taxes) per transaction
  • Above Rs 5 Lakhs - Rs. 50 (inclusive of taxes) per transaction
RTGS - Inward NIL
IMPS (Immediate Payment Service) – Outward
Charges effective 10th May-14
  • Amount up to Rs. 10,000 - Rs.3.5 (exclusive of taxes) per transaction
  • Amount above Rs.10,000 to Rs.1 lakh - Rs. 5 (exclusive of taxes) per transaction
  • Amount above Rs. 1 lakh up to Rs. 2 lakhs - Rs. 15 (exclusive of taxes) per transaction
IMPS (Immediate Payment Service) - Inward NIL
Mobilebanking NIL
Netbanking Free
ECS (Debit) Return charges - Rs 350/- would be levied on first instance of ECS return in a quarter.
- Rs 750/- would be levied, second instance onwards in the same quarter.
Any Deliverable returned by courier due to negative reasons (no such consignee/ consignee shifted and no such address) Rs 50/- per instance
TIN/IPIN Regeneration (requests received at the branch for physical dispatch) Rs 50/- per instance
Standing Instruction rejects Rs 200/- per instance

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