What is ISA?

Investment Services Account gives you complete control over your mutual funds- to purchase, redeem and switch funds and investment preferences at will. For a nominal, flat quarterly maintenance fee, enjoy the freedom to Invest as you please with the added convenience of investing from the comfort of your home through NetBanking.

Features of ISA

  • Perform the following transactions through NetBanking:
    1. Purchase
    2. Redemption
    3. Switch
  • HDFC Bank Savings Account linked to the account, which is debited on purchases of Mutual Funds
  • Customers are authenticated / validated based on a unique Internet Password (IPIN) for NetBanking
  • NAV and other details for all holdings can be viewed easily
  • Redemption and Dividend Payout is directly credited to your Account
  • Only Mutual Funds that are purchased through the Investment Services Account can be redeemed through this service


  • The applicant needs to be an existing bank account holder, since a customer ID is mandatory.
  • The applicant needs to be  Compliant. KYC compliance has been made mandatory for investments in Mutual Funds irrespective of the amount. For NRI customers (Non-face to face): The KYC compliant acknowledgement copy is required to be attested by the Indian embassy
  • The Savings Bank Account status has to be Single or Either/Survivor.
  • The Account Opening Application Form has to be signed by all the Bank Account Holders.

Fees and Charges

Investment Services Account (ISA) maintenance charges per quarter are Rs. 250/- for resident customers and Rs .500/- for NR customers.

With effect from 1st October 2015, HDFC Bank has "Opted-out" for transaction charge.

GST of 18% as per Government Regulations is applicable on Quarterly Maintenance Charges for Investment Services Account (ISA).

Cut Off Time