FEES & CHARGES
Enclosed below are HDFC Bank Merchant Advantage Current Account fees and charges
Description of Charges | Merchant Advantage Current Account | ||||||||
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Minimum Balance (Average Monthly Balance) | ₹ 25,000/- | ||||||||
Non-Maintenance Charges per month | ₹ 600 per month | ||||||||
Mode of calculation of minimum average monthly balance | Average 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.) |
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Other Current Account facilities | |||||||||
Monthly Account Statement+ | Free | ||||||||
Issue of Duplicate / Adhoc Statement | Branch - ₹ 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 | ||||||||
Collections | Free | ||||||||
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 | ||||||||
Collections | Free | ||||||||
NEFT/RTGS payments are free through netbanking | |||||||||
Local Transactions (At home branch location) | |||||||||
Local cheques collections & payments | Free | ||||||||
Account to Account Fund Transfer within HDFC Bank | Free | ||||||||
Anywhere Transactions | |||||||||
Account to Account Fund Transfer within HDFC Bank | Free | ||||||||
Payments at HDFC Bank Locations | Free. | ||||||||
Collections at HDFC Bank Locations | Free | ||||||||
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 |
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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 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 lac | Rs 200/- per pickup | ||||||||
Beyond Rs 1 lac and upto Rs 2 lac | Rs 225/- per pickup | ||||||||
Beyond Rs 2 lac and upto Rs 4 lac | Rs 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 City | Cash 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 Branch | Free at Home Branch | ||||||||
Cash Withdrawal-Non Home Branch-Intracity & Intracity | Free 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 enquiry | Free | ||||||||
TDS Certificate | Free | ||||||||
Balance Confirmation | ₹ 100/- | ||||||||
Interest Certificate | ₹ 100/- | ||||||||
Cheque Status per instance | Free | ||||||||
Photo Verification | ₹ 100/- per instance | ||||||||
Address Confirmation | Free | ||||||||
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 Instructions | Nil | ||||||||
Any Deliverable returned by courier due to negative reasons (no such consignee/ consignee shifted and no such address) | ₹ 50/- per instance | ||||||||
SI rejects | Upto 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 card | Free | ||||||||
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 days | No Charge | ||||||||
15 days to 6 months | ₹ 500/- | ||||||||
6 months upto 12 months | ₹ 250/- | ||||||||
Beyond 12 months | No Charge | ||||||||
Activation of Dormant / inoperative account | No Charge | ||||||||
InstaAlert / Mobile Banking | |||||||||
Insta Alert | Nil | ||||||||
Transactions through PhoneBanking: | |||||||||
Interactive Voice Response (IVR) | Free | ||||||||
Non-IVR-Agent assisted-For accounts maintaining AQB | Free | ||||||||
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) |