Note : 

  • All fees and charges are exclusive of taxes. The charges mentioned in the tariff will attract Goods & Services Tax as applicable

Enclosed below are HDFC Bank Institutional Current Account fees and charges

FeaturesInstitutional Current Account
Average Quarterly Balance (AQB) /
Average Half Yearly Balance (HAB)
Non-Maintenance Charges (per quarter / half yearly)NA
Combined Cash Deposit Limit @ any HDFC Bank 
Branch - Monthly Limit
Free up to ₹50 lakhs per month or 50 transactions (whichever is breached first)
Charges @ ₹3.5 per ₹ 1000, minimum ₹50 per transaction beyond free limits
Operational Limit for Cash transactions @Non-Home Branch (per day)₹ 1,00,000/-
Cash Withdrawal Limit @ Home BranchFree
Cash Withdrawal Limit @ Non Home Branch (Daily Limit)₹ 1,00,000/- per day
Charges @ ₹ 2/- per ₹ 1,000/-, minimum ₹ 50/- per txn beyond free limits
Local / Intercity Cheque Collection/Payments & Fund TransferFree
Bulk Transactions (count of all Cheque clearing and Fund Transfer transactions) - Monthly Free LimitFree upto 300 txns
Charges @ ₹ 10 per transaction beyond free limits
Cheque Leaves - Monthly Free LimitFree upto 500 cheque leaves
Charges @ ₹ 2/- per leaf beyond free limits
Speed Clearing (per instrument charges)Free
Outstation Cheque Collection @ Bank Location (per instrument charges)Free
Outstation Cheque Collection @ Correspondent Bank Location (per instrument charges)Upto ₹ 10,000 - ₹ 25/-
₹ 10,001 to ₹ 1,00,000- ₹ 100/-
Above ₹ 1,00,000 - ₹ 150/-
Demand Drafts (DD)/ Pay Orders (PO) @ Bank LocationUnlimited Free
Demand Drafts (DD) @ Correspondent Bank locationCharges @ ₹ 2/- per ₹ 1000/- ; Minimum ₹ 50/-
NEFT paymentsFree
RTGS paymentsFree
IMPS PaymentsFree
NEFT / RTGS / IMPS CollectionsFree
Debit CardEasyShop Business#ATM Card
Annual Fee per card₹ 250; free for the first yearFree
Daily ATM limit₹ 1,00,000₹ 10,000
Daily Merchant Establishment Point of Sale limit₹ 5,00,000NA
# 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.
ATM Usage
ATM Txns (@ HDFC Bank ATM)Unlimited Free
ATM Txns (@ Non- HDFC Bank ATM)Cash withdrawal and non-financial transaction - ₹ 21 per transaction from first transaction onwards.
Closure: Up to 14 daysNo Charge
Closure: 15 days to 12 months₹ 500/-
Closure: Beyond 12 monthsNo Charge

ACH Return Charges
For the first 3 transactions in a month₹350 per transaction
4th transaction and above in a month₹750 per transaction

Other Charges
One time Mandate Authorisation Charges (Physical / Online)₹ 40 per mandate

Inward Cheque Return

For the first 2 instances in a month - ₹500 per instrument
3rd instance and above in the same month - ₹750 per instrument

Charges due to funds transfer cheque return - ₹350 per instrument

Insta Alert charges

From current ₹ 3 /- per quarter  
20 Paise/SMS + 18 % GST
Effective 1st January 2022. Applicable for Saving, Current & Salary A/C customers.

Please note- 

The revised charges are effective Jan'2022, therefore customers will be charged next month i.e. Feb 2022 first week.  

Per SMS cost is 20 Paise + 18% GST and charging will be done on monthly basis. 

Exempted base segments will remain the same 

The above-mentioned charges will remain same until further intimation