FEES & CHARGES


Enclosed below are HDFC Bank Merchant Advantage Current Account fees and charges


Description of ChargesMerchant Advantage Current Account
Minimum Balance (Average Monthly Balance)₹ 25,000/-
Non-Maintenance Charges per month₹ 600 per month
Mode of calculation of minimum average monthly balanceAverage of daily closing balances of each day spread over a period of one month.
Cheque Book Charges (Issued by Bank)

( Customer can request for maximum 100 cheque leaves through NetBanking. For requests above 100 cheque leaves customer needs to visit the branch.)

Payable-at-par
50 cheque leaves Free per month. Charges ₹ 3/- per leaf beyond 50 leaves
Other Current Account facilities
Monthly Account Statement+Free
Issue of Duplicate / Adhoc StatementBranch - ₹ 100/- 
PhoneBanking ( Non IVR) - ₹ 75/- 
NetBanking , Mobile Banking, PhoneBanking - IVR & ATM - ₹ 50/- 
Remittance facility through own Bank
Demand Drafts (DD) / Pay Orders (PO) payable at HDFC Bank Locations (Issued at any branch)Nil free limit. Charges ₹ 1/- per ₹ 1000/-, Min ₹ 50/- and Max ₹ 3000/- per instrument beyond free limit
NEFT Transactions :
Payments(At branch)Free on NetBanking & Mobile Banking;
Branch Banking =
Up to ₹10K: ₹2 per transaction,
Above ₹10K up to ₹1 Lakh: ₹4 per transaction,
Above ₹1 Lakh up to ₹2 Lakh: ₹14 per transaction,
Above ₹2 Lakh: ₹24 per transaction
CollectionsFree
RTGS Transactions :
Payments(At branch)Free on NetBanking & Mobile Banking;
Branch Banking = 
₹2 Lakh to ₹5 Lakh: ₹20 per transaction,
Above ₹5 Lakh: ₹45 per transaction
CollectionsFree
NEFT/RTGS payments are free through netbanking
Local Transactions (At home branch location)
Local cheques collections & paymentsFree
Account to Account Fund Transfer within HDFC BankFree
Anywhere Transactions
Account to Account Fund Transfer within HDFC BankFree
Payments at HDFC Bank LocationsFree.
Collections at HDFC Bank LocationsFree
Bulk Transactions (Monthly Limit)Free up to 50 transactions; Charges @ ₹35 per transaction beyond free limits
Remittance facility through other Bank
Issue of Demand Drafts (DD) / Duplicate DD (Correspondent tieup)₹ 1.50 per ₹ 1000/- Minimum ₹ 50/- per DD
DD-Cancellation / Revalidation₹60 per instance
Cheque Collection
Outstation Cheque Collection at Clean Location
Instrument ValueCharges
Upto ₹ 25,000/-₹ 50/- per instrument
Above ₹ 25,000/- and upto ₹  1,00,000/-₹ 100/- per instrument
Above ₹ 1,00,000/-₹ 150/- per instrument
Bouncing of cheques- Local
Cheques Drawn on us
Due to Insufficient Funds

Upto 2 instruments per month ₹ 500/- per instrument; on 3rd onwards ₹ 750/- per instrument
Due to funds transfer cheque return - ₹ 350/- per instrument

Due to Technical Reasons

₹ 50/- per instrument (e.g. - Date not mentioned, post-dated, sign mismatch, etc.)

Cheques Deposited Returned Unpaid

Local & Outstation - ₹ 200/- instrument

Doorstep Banking **
Cash Pickup Charges (within municipal city limits)
Upto Rs 1 lacRs 200/- per pickup
Beyond Rs 1 lac and upto Rs 2 lacRs 225/- per pickup
Beyond Rs 2 lac and upto Rs 4 lacRs 350/- per pickup
Cash beyond the above limits can be offered, for further details on charges please contact your Branch Manager
Cash Transactions
Cash Deposit

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

Free up to 4 times of Current Month POS transaction value or 25 transactions, whichever is breached first; Charges @ ₹4 per ₹1000, minimum ₹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
Limit on Inter-Branch deposits (Within Home Branch CityCash deposit at non home Branches within home branch city subject to maximum of ₹ 50,000/- per account per day
Free Cash deposit Limit will lapse for the account if AQB/AMB/HAB maintained is less than 75% of required product AQB/AMB/HAB i.e. Customer will be charged from 1st transaction of cash deposit.
Cash Withdrawal
Cash Withdrawal-Home BranchFree at Home Branch
Cash Withdrawal-Non Home Branch-Intracity & IntracityFree cash withdrawal upto ₹ 50,000/- per day beyond which charges @ ₹ 2/1000, min ₹ 50/- per transaction. Third party cash withdrawal allowed only up to maximum ₹ 50,000 per transaction.
Miscellaneous
Balance enquiryFree
TDS CertificateFree
Balance Confirmation₹ 100/-
Interest Certificate₹ 100/-
Cheque Status per instanceFree
Photo Verification₹ 100/- per instance
Address ConfirmationFree
Signature Verification₹ 100/- per instance
ECS (Debit) Return Charges
(Quarterly Charges)
Upto 3 returns - ₹ 350/ instance
4th return onward ₹ 750 /instance
Setting up of Standing InstructionsNil
Any Deliverable returned by courier due to negative reasons (no such consignee/ consignee shifted and no such address)₹ 50/- per instance
SI rejectsUpto 3 returns - 250/instance
4th return onward 750/instance
Old Records / Copy of Paid Cheque
₹200 per record
Common Charges for Debit / ATM Cards
Replacement of damaged cardFree
Replacement of Lost card₹ 200/-
Copy Retrieval Request₹ 100
Re-Issuance of PIN₹ 50 (plus taxes)
ATM Usage
ATM Txns (@ HDFC Bank ATM)Unlimited Free
ATM Txns (@ Non- HDFC Bank ATM)No Free Limits, Charges @ ₹ 21/- per transaction

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.

Stop Payment Charges
Particular cheque

₹ 100/- (Free through Net Banking and Phone Banking)

Range of cheques

₹ 200/- (Free through Net Banking and Phone Banking)

Account Closure:
Up to 14 daysNo Charge
15 days to 6 months₹ 500/-
6 months upto 12 months₹ 250/-
Beyond 12 monthsNo Charge
Activation of Dormant / inoperative accountNo Charge
InstaAlert / Mobile Banking
Insta AlertNil
Transactions through PhoneBanking:
Interactive Voice Response (IVR)Free
Non-IVR-Agent assisted-For accounts maintaining AQBFree
Charges on all IMPS Outgoing transactions:
Up to ₹1000:₹2.5,
Above ₹1000 up to ₹1 Lakh:₹5,
Above ₹1 Lakh up to ₹2 Lakh:₹15

All charges are exclusive of GST as applicable from time to time

+For accounts maintaining AMB less than ₹ 25,000/- as of previous qtr will be charged ₹ 25 each for next 3 montly statement

**Available at Select locations.You need to register with the Bank for availing these services, please contact your Branch Manager for further details.

Download Fees & Charges effective 1st August'25


                                                                                                                      Fees and Charges (Past Records) 


Click here to view Fees & Charges for Merchant Advantage Current Account before 1st January' 2016 Click here to view change in Fees & Charges for Merchant Advantage Current Account before 1st March’ 2015 Click here to view Fees & Charges for Merchant Advantage Current Account before 1st December, 2014 Click here to view Fees & Charges for Merchant Advantage Current Account before 1st November, 2013 Click here to view charges applicable before 1st September,2010 Download Fees & Charges effective 1st November'22 Download fees & charges effective 1st October'23 Download Fees & Charges effective 1st December'24