e-Commerce Current Account

Features

E-Comm Current Account

Average Quarterly Balance (AQB)

₹ 25,000

Non-Maintenance Charges (per quarter)

₹ 1,800

CASH TRANSACTIONS

Combined Cash Deposit at Home Location, Non-Home Location & Cash Recycler Machines** (Monthly Free Limit)

Free up to higher of ₹3 Lakh or 6 times the Current Month AMB or 40 transactions, whichever is breached first (subject to maximum of ₹100 Lakh); 
Charges @ ₹4 per ₹1000, minimum of ₹50 per transaction beyond free limits

Cash deposit in low denomination coins and notes i.e. ₹20 and below @ any HDFC Bank Branch (Monthly)
 

1. Cash deposit in notes = Nil free limits; chargeable at 4% of cash deposit in low denomination notes

2. Cash deposit in coins = Nil free limits; chargeable at 5% of cash deposit in coins

Operational Limit for Cash Deposit @Non-Home Branch (per day)

₹ 1,00,000

Cash Withdrawal Limit @ Home Branch

Free

Cash Withdrawal Limit @ Non Home Branch (Daily Limit)

₹ 1,00,000 per day
Charges @ ₹ 2 per ₹ 1,000, minimum ₹ 50 per transaction beyond free limits

NON - CASH TRANSACTIONS

Local / Intercity Cheque Collection/Payments & Fund Transfer

Free

Bulk Transactions (count of all Cheque clearing and Fund Transfer transactions) - Monthly Free Limit

Free up to 200 transactions;
Charges @ ₹35 per transaction beyond free limits

Cheque Leaves - Monthly Free Limit

Free up to 300 cheque leaves
Charges @ ₹ 3 per leaf beyond free limits

Outstation cheque collection @ Clean Location
(per instrument charges)

Up to ₹ 25,000 - ₹ 50
₹ 25,001 to ₹ 1,00,000 - ₹ 100
Above ₹ 1,00,000 - ₹ 150

Demand Drafts (DD)/ Pay Orders (PO) @ Bank Location

Free 50 DD/PO per month. Charges ₹ 1/- per ₹ 1000/-,
Min ₹ 50/- and Max ₹ 3,000/- per instrument beyond free limit

Demand Drafts (DD) @ Correspondent Bank location

Charges @ ₹ 2 per ₹ 1000 ; Minimum ₹ 50

ELECTRONIC TRANSACTIONS

NEFT payments

Free

RTGS payments

Free

IMPS Payments

Up to ₹1000:

₹2.5 per transaction

Above ₹1000 up to ₹1 Lakh:

₹ 5 per transaction

Above ₹1 Lakh up to ₹2 Lakh:

₹ 15 per transaction

NEFT / RTGS / IMPS Collections

Free

DEBIT CARDS (only for Individuals and Sole proprietorships)

Debit Card

EasyShop Business#

ATM Card

Annual Fee per card

Rs 350/- plus taxes

Free

Daily ATM limit

₹ 1,00,000

₹ 10,000

Daily Merchant Establishment Point of Sale limit

₹ 5,00,000

NA

# Also available for partnership firms & limited company current accounts. In case, the MOP (Mode of Operation) is conditional, all AUS (Authorized Signatories) have to sign the form jointly.

*For Security reasons, ATM cash withdrawal limit is capped at ₹ 0.5 Lakhs per day and ₹ 10 Lakhs per month for first 6 months from Account opening date.   
For accounts older than 6 months, ATM cash withdrawal limit is capped at ₹ 2 Lakhs per day and ₹ 10 Lakhs per month. This is implemented with immediate effect.  
*Revised Business Debit Card charges are effective from 1st August’2024

ATM Usage

ATM transactions (@ HDFC Bank ATM)

Unlimited Free

ATM transactions (@ Non- HDFC Bank ATM)

Maximum of 5 transactions free in a month with a cap of Maximum 3 free transactions in Top 6 cities @ Non-HDFC Bank ATM
(transactions done in Mumbai, New Delhi, Chennai, Kolkata, Bengaluru and Hyderabad ATMs will be considered as Top 6 cities)

Note: With effect from 1st May 2025, ATM transaction charge rate beyond free limit of Rs. 21 + taxes would be revised to Rs. 23 + taxes, wherever applicable.

ACCOUNT CLOSURE CHARGES

Closure: Up to 14 days

No Charge

Closure: 15 days to 6 months

₹ 1,000

Closure: 6 months to 12 months

₹ 500

Closure: Beyond 12 months

No Charge

ACH Return Charges

1 to 3 transactions in a month

₹ 350 per transaction

Fourth instance and beyond

₹ 750 per transaction

Other Charges

One time Mandate Authorisation Charges (Physical / Online)

₹ 40 per mandate

Note: Cash deposit limits will lapse if AQB maintained is less than 75% of required product AQB