Basic Savings Bank Deposit Account

A zero balance Savings Account with a free ATM card, giving you access to one of the widest ATM networks across the country to meet all your banking needs.

Features

*Conditions Apply

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Contact Number
Ahmedabad
6160 6161

What features and benefits are offered with a Basic Savings Bank Deposit Account?

Features

You will get some exclusive features and benefits with your HDFC Bank Basic Savings Bank Deposit Account:

  • Access a wide network of branches and ATMs across the country to meet all your banking needs.
  • Free NetBanking (on request) for convenient banking.
  • Use National Electronic Funds Transfer (NEFT) to transfer funds from your HDFC Bank account to any account in another Bank at locations specified by the RBI.
  • Enjoy Free IVR based PhoneBanking (Agent assisted calls will be charged*).
  • Free passbook facility for all account holders (individuals)
  • Access your account with your free ATM Card.
  • Enjoy free cash and cheque deposits at branches and ATMs.
  • Get free cash withdrawals at any bank's ATM with your Debit Card*.
  • Use 4 free cash withdrawals per month at branches. Additional cash withdrawals at branches in the month will be charged at Rs. 50 per transaction.
  • Get an International Debit Card on request at your branch at Rs. 100 per annum (plus applicable rates).
  • Get your first cheque book free and subsequent cheque books at Rs. 5 per leaf.
  • Avail of our free InstaQuery facility.
  • Use free BillPay, your instant solution to pay all your frequent utility bills. You can also give instructions for payments over the phone or through the Internet*.
  • Avail of Safe Deposit Locker, Sweep-In and Super Saver facilities.
  • Get Free Email statements.
  • Bank conveniently with facilities like NetBanking, PhoneBanking and MobileBanking – check your account balance, pay utility bills or stop cheque payments all via SMS.

*Refer to the Service & Fees Brochure

What are the eligibility criteria to open a Basic Savings Bank Deposit Account?

Get details on eligibility criteria & documents required for HDFC Bank Basic Savings Bank Deposit Account

Any resident individual (sole or joint) or Hindu Undivided Family can open a Basic Savings Bank Deposit Account.

Minimum Balance Requirement

  • No Initial Payment is required to open a 'Basic Savings Bank Deposit' account and No Average Monthly Balance needs to be maintained.

What are the fees and charges of Basic Savings Bank Deposit Account ?

Enclosed below are HDFC Bank Basic Savings Bank Deposit Account  fees and charges

Description of ChargesBasic Savings Bank Deposit Account
Minimum Balance (Average Monthly Balance) ZERO
Charges on non maintenance thereof NA
Cheque Book 1st PAP Chequebook free.Any cheque book intended subsequently will be charged at Rs5/- per cheque leaf.Available on demand.
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 - On HDFC Bank Locations
DD request through Branch
Upto Rs. 10,000 Rs.50
Rs. 40 (Senior Citizens / Individuals in Rural areas)
Rs. 30 through Phonebanking
Above Rs.10,000 & upto Rs. 50,000 Rs. 75/** (Rs. 30 through Phonebanking)
Rs. 60 (Senior Citizens / Individuals in Rural areas)

**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 1000 or part thereof (Max Rs 10,000/-)
DD request through Netbanking
Upto Rs. 1 Lakh Rs .30+(Corr. Bank charges if applicable)
Third party DD* upto Rs. 1 Lakhs Rs .30+(Corr. Bank charges if applicable)
(*Third Party Registration required.Customers registered for Third Party Transfers have a maximum limit of 10 lacs per cust id and hence can issue multiple DDs of 1 lacs upto 10 lacs 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/-)
Demand Drafts- Issued - On 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. 1000 to Rs. 5000 Rs. 25
Above Rs. 5000 to Rs. 10,000 Rs. 30
Above Rs. 10,000 to Rs. 1 Lakh Rs. 3 per 1000 or part thereof
Above Rs. 1 Lakh Rs. 6 per 1000 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 Basic Savings Bank Deposit Account
Upto Rs 5,000 Rs. 25/-,
(Rs. 20/- for Rural branches / Senior Citizens Account)
Rs. 5,001/- to Rs. 10,000/- Rs. 50/-,
(Rs. 40/- for Rural branches / Senior Citizens Account)
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 Basic Savings Bank Deposit 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 Basic Savings Bank Deposit Account
Upto Rs 5,000 Rs. 25/-,
(Rs. 20/- for Rural branches / Senior Citizens Account)
Rs. 5,001/- to Rs. 10,000/- Rs. 50/-,
(Rs. 40/- for Rural branches / Senior Citizens Account)
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 Basic Savings Bank Deposit 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
Due to technical reasons ( eg. - Date not mentioned, post dated, sign mismatch, etc ) - No charge
Cheques deposited returned unpaid Charge of Rs 100/- per instance.
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 Net banking)
Standing Instructions Rs. 25 per transcation plus remittance 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
Third party cash transactions at home & non-home branches through teller counters Upto a limit of Rs.49,999 per day - Rs.100 (plus taxes). Above Rs49,999/-Not allowed
Local Cheque deposited for outstation accounts No Charge
Phonebanking - IVR Free
Phonebanking - Non IVR
Rs. 50 per call (Agent assisted calls).
ATM Card Free
ATM Card - Replacement charges Rs. 100 (plus taxes)
Debit Card - Annual Fee - Regular Rs. 100 per year (plus taxes)
Debit Card - Annual Fee - Women's Card Rs.100 per year (plus taxes)
Debit Card - Renewal Fee - Regular Rs. 100 per year (plus taxes)
Debit Card - Renewal Fee - Women's Card Rs.100 per year (plus taxes)
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 - 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)
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 Rs.15 per quarter, effective 1st April 2013 (excl of tax)
Customers who have selected only"Email" as the delivery channel for receiving InstaAlerts will not be charged
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 Free
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.
Cash transactions (Cash deposits & withdrawals) 4 free cash withdrawal transaction at branches
Additional transactions at Rs 50/- per transaction (plus taxes)

Cash Deposits - unlimited free

ATM / Debit Card - Transaction charge - non HDFC Bank Domestic ATMs Free for first 5 transactions in a month From 6th transaction onwards - Cash withdrawal - Rs. 20/transaction (inclusive of taxes) Non-Financial Transaction - Rs. 8.5/transaction (exclusive of taxes) per transaction

Click here to view charges applicable effective 1st September 2013

Click here to view charges applicable before 1st January 2012

*at home branch for account holders (individuals)

Note : Service/Transaction charges will be applied in the current month based on the AMB maintianed in the account in the previous month
Service/Transaction charges based on non - maintainence of AMB (as specified above) do not apply to Preferred , Corporate Salary & SuperSaver customers
The PhoneBanking charges will apply on transaction that are available on the IVR but are done through the PhoneBanking Executive

Effective 1st April 2012, all fees and charges, mentioned in the Tariff of charges, will attract Service Tax @12% and Education Cess @3% of the Service Tax amount.

 

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