FEES & CHARGES


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


Description of ChargesMerchant Advantage Plus Current Account
Minimum Balance (Average Monthly Balance)Rs. 100,000/-
Non-Maintenance Charges per monthRs 1,000 per 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
200 cheque leaves Free per month. Charges Rs 3/- per leaf beyond 200 leaves
Other Current Account facilities
Issue of Duplicate / Adhoc StatementBranch - Rs 100/-
PhoneBanking ( Non IVR) - Rs.75/-
NetBanking , Mobile Banking, PhoneBanking - IVR & ATM - Rs 50/-
Mode of calculation of minimum average monthly balanceAverage of daily closing balances of each day spread over a period of one month.
Remittance facility through own Bank
Demand Drafts (DD) / Pay Orders (PO) payable at HDFC Bank Locations (Issued from any branch)Free 50 DD/PO per month. Charges ₹ 1/- per ₹ 1000/-, Min ₹ 50/- and Max ₹ 3000/- per instrument beyond free limit
NEFT/EFT Transactions :
PaymentsFree
CollectionsFree
RTGS Transactions :
PaymentsFree
CollectionsFree
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 Transaction ChargesAll above transaction are subject to a maximum of 150 transaction per month beyond which charges @ Rs.30/- per transaction would be levied. Includes all Local/Anywhere clearing & Funds transfer transactions
Remittance facility through other Bank
Issue of Demand Drafts (DD) / Duplicate DD (Correspondent tieup)Rs 1.50 per Rs.1000/- Minimum Rs.50/- per DD
DD-Cancellation / RevalidationRs.100/- per instrument
Cheque Collection
Outstation Cheque Collection at Clean Location
Instrument ValueCharges
Upto Rs 25,000/-Rs 50/- per instrument
Above Rs 25,000/- and upto Rs 1,00,000/-Rs 100/- per instrument
Above Rs 1,00,000/-Rs 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)
Cash Pickup upto Rs 1 LacRs 150/- per pickup
Cash Pickup beyond Rs 1 Lac and upto Rs 2 LacRs 200/- per pickup
Cash Pickup beyond Rs 2 Lac and upto Rs 3 LacRs 300/- 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 Limit @ any HDFC Bank Branches (monthly)

Free 4 times Current month POS transaction value per month or 50 transactions whichever is breached first; Charges @ ₹ 3.5/- per ₹ 1,000/-, minimum ₹ 50/- per transaction beyond free limits

Cash deposit in low denomination notes i.e. Rs 50 and below @ any HDFC Bank Branch (monthly)1. Cash deposit in notes = Free up to ₹ 10,000/- per month, beyond free limit chargeable at 2% of cash deposit in low denomination notes
2. Cash deposit in coins = Free up to ₹ 1,000/- per month, beyond free limit 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 Rs.1,00,000/- per account per day
Free Cash deposite 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 Rs.50,000/- per day beyond which charges @ Rs.2/1000, min Rs.50/- per transaction. Third party cash withdrawal allowed only up to maximum Rs. 50,000 per transaction.
Miscellaneous
Balance enquiryFree
TDS CertificateFree
Balance Confirmation CertificateRs.100/-
Interest CertificateRs. 100/-
Cheque Status per instanceFree
Photo VerificationRs 100/- per instance
Address ConfirmationFree
Signature VerificationRs 100/- per instance
ECS (Debit) Return Charges
(Quarterly Charges)
Upto 3 returns - Rs. 350/ instance
4th return onward Rs. 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)Rs 50/- per instance

Re-generation of IPIN (request received at branch for physical dispatch)

₹ 40/- per request

SI rejectsUpto 3 returns - 250/instance
4th return onward 750/instance
Old Records / Copy of Paid Cheque
Rs.80 per record
Common Charges for Debit / ATM Cards
Replacement of damaged cardFree
Replacement of Lost cardRs.200/-
Copy Retrieval RequestRs.100
Re-Issuance of PINRs.50 (plus taxes)
ATM Usage
ATM Txns (@ HDFC Bank ATM)Unlimited Free

ATM Txns -  Financial & Non-Financial 

(@ HDFC Bank ATM)

Maximum of 5 Txns Free in a month with a cap of Maximum 3 free Txns in Top 6 cities @ Non-HDFC Bank ATM

(Txns done in Mumbai, New Delhi, Chennai, Kolkata, Bengaluru and Hyderabad ATMs will be considered as Top 6 cities)

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 monthsRs 1,000/-
6 months upto 12 monthsRs 500/-
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>Free
Charges on all IMPS Outgoing transactions:
₹ 0 - ₹ 1000₹ 3.50/- per txn
₹ 1001 - ₹ 100000₹ 5/- per txn
Above ₹ 100000₹ 15/- per txn
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