Check out Eligibility Criteria for Premium Current Account

All You Need To Know

The following are eligible to open a Premium Current Account

Resident Individual
Hindu Undivided Family
Sole Proprietorship Firms
Partnership Firms
Limited Liability Partnership Firms
Private and Public Limited Companies

Enclosed below are HDFC Bank Premium Current Account fees and charges
Features	Premium Current Account
Average Quarterly Balance (AQB)	₹ 25,000/-
Non-Maintenance Charges (per quarter)	₹ 1,800/-
CASH TRANSACTIONS
Cash Deposit Limit @ Home Location - Monthly LimitCash Deposit Limit @ Home Location - Monthly Limit	Free upto ₹ 3 lacs per month or 25 txns (whichever is breached first) Charges @ ₹ 3/- per ₹ 1,000/-, minimum ₹ 50/- per txn beyond free limitsFree upto ₹ 3 lacs per month or 25 txns (whichever is breached first) Charges @ ₹ 3/- per ₹ 1,000/-, minimum ₹ 50/- per txn beyond free limits
Cash Deposit Limit @ Non-Home Location - Monthly LimitCash Deposit Limit @ Non-Home Location - Monthly Limit	No free limit Charges @ ₹ 3.5/- per ₹ 1,000/-, minimum ₹ 50/- txnNo free limit Charges @ ₹ 3.5/- per ₹ 1,000/-, minimum ₹ 50/- txn
Operational Limit for Cash Deposit @Non-Home Branch (per day)	₹ 25,000/-
Cash Withdrawal Limit @ Home Branch	Free
Cash Withdrawal Limit @ Non Home Branch (Daily Limit)	₹ 25,000/- per day Charges @ ₹ 2/- per ₹ 1,000/-, minimum ₹ 50/- txn beyond free limits₹ 25,000/- per day Charges @ ₹ 2/- per ₹ 1,000/-, minimum ₹ 50/- txn beyond free limits
NON- CASH TRANSACTIONS
Intercity Cheque Collection/Payments & Fund Transfer	Free
Bulk Transactions (coutn of all Cheque clearing and Fund Transfer transactions) - Monthly Free Limit	Free upto 75 txns Charges @ ₹ 10/- per transaction beyond free limits Free upto 75 txns Charges @ ₹ 10/- per transaction beyond free limits
Cheque Leaves - Monthly Free Limit	Free upto 100 cheque leaves Charges @ ₹ 2/- per leaf beyond free limitsFree upto 100 cheque leaves Charges @ ₹ 2/- per leaf beyond free limits
Speed Clearing (per instrument charges)Speed Clearing (per instrument charges)	Instrument Value upto ₹ 1 lac - No charges Instrument value above ₹ 1 lac - ₹ 140/-Instrument Value upto ₹ 1 lac - No charges Instrument value above ₹ 1 lac - ₹ 140/-
Outstation Cheque Collection @ Bank Location (per instrument charges)Outstation Cheque Collection @ Bank Location (per instrument charges)	Upto ₹ 50,000 - ₹ 50/- ₹ 50,001 to ₹ 1,00,000 - ₹ 100/- Above ₹ 1,00,000 - ₹ 150/-Upto ₹ 50,000 - ₹ 50/- ₹ 50,001 to ₹ 1,00,000 - ₹ 100/- Above ₹ 1,00,000 - ₹ 150/-
Outstation Cheque Collection @ Correspondent Bank Location (per instrument charges)	Upto ₹ 25,000 - ₹ 50/- ₹ 25,001 to ₹ 1,00,000 - ₹ 100/- Above ₹ 1,00,000 - ₹ 150/-
Outstation cheque collection @ Clean Location (per instrument charges)	Upto ₹ 25,000 - ₹ 50/- ₹ 25,001 to ₹ 1,00,000 - ₹ 100/- Above ₹ 1,00,000 - ₹ 150/-
Demand Drafts (DD)/ Pay Orders (PO) @ Bank Location	Upto ₹ 50,000 - ₹ 40/- ₹ 50,001 to ₹ 1,00,000 - ₹ 25/- Above ₹ 1,00,001 - FREE
Demand Drafts (DD) @ Correspondent Bank location	Charges @ ₹ 2/- per ₹ 1,000/- ; Minimum ₹ 50/- per instrument
ELECTRONIC TRANSACTIONS
NEFT payments	Upto ₹ 1 lac – ₹ 2/- ; Above 1 lac – ₹ 10/- (Free through Netbanking)
RTGS payments	Above ₹ 2 lac – ₹ 15/- (Free through Netbanking)
IMPS Payments	Upto ₹ 1 lac- ₹ 5/- per txn, Above ₹ 1 lac – Upto 2 lac- ₹ 15/- per txn
NEFT / RTGS / IMPS Collections	Free
DEBIT CARD
Debit Cards	No Free Debit Card
ATM Txns (@ HDFC Bank ATM)	Unlimited Free
ATM Txns (@ Non- HDFC Bank ATM)	No Free Limits, Charges @ ₹ 20/- per transaction
ACCOUNT CLOSURE CHARGES
Closure: Up to 14 days	No Charge
Closure: 15 days to 6 months	₹ 500/-
Closure: 6 months to 12 months	₹ 250/-
Closure: Beyond 12 months	No Charge

Terms and Conditions

Documentation

1. What are the documents required for opening a Current Account of a sole proprietorship firm?

Category A (government issued documents)

License / registration certificate issued, in the name of the entity, by / under:

Municipal authorities such as Shop & Establishment certificate / Trade License,
Registering authority in the name of practicing firm like Certificate of Practice issued by Institute of Chartered Accountants of India, Institute of Cost Accountants of India and Institute of Company Secretaries of India,
Indian Medical Council,
Food and Drug Control Authorities

Category B (other documents)

Latest Professional Tax / GST Returns filed in name of firm, duly acknowledged. Profession Tax/GST Returns cannot not be accepted along with registration certificate under respective acts e.g. Professional Tax/GST Return cannot be accepted with Professional Tax /GST Registration Certificate),
TAN Allotment Letter, in name of firm / proprietor (subject to firm’s name appearing in address) or TAN registration details (available online),
Bank account statement, in the name of firm, for last six months with satisfactory operations subject to obtaining IP cheque from the same account provided this account is maintained with a Nationalized / private / foreign bank or Regional Rural / Cooperative Banks (for customers in rural / village areas). This document cannot be accompanied with ITR as Category A document.
Certificate issued by a Chartered / Cost Accountant (as per Annexure – G) confirming existence of the firm, containing name and address of firm along with name of the proprietor. The name of Chartered / Cost Accountant to be validated from chartered / cost accountants’ directory. In case Certificate has been issued by Chartered Accountant, certificate to contain UDIN number which needs to be verified by the Branch in ICAI website and attach printout of verification carried out.

*Note* This is only indicative list. Please visit your nearest branch for details

2. What are the documents required for opening a Current Account of Limited Liability Partnership?

Following documents are required for opening a Current Account of Limited Liability Partnership:

Incorporation Document, Limited Liability Partnership Agreement
Certificate of Incorporation
List of all existing Designated Partners of LLP along with Designated Partner Identification Number (DPIN) issued by the Central Government
Resolution passed at the meeting of Designated Partners for the particular relationship, which the LLP plans to have with the bank
KYC of Designated Partners/Authorised Signatories

3. What are the documents required for opening Current Account of a company?

Following documents are required for opening Current Account of a company:

Private Limited Companies

Memorandum of Association (MOA)
Articles of Association (AOA)
Certificate of Incorporation
Latest list of directors duly signed by any Director/Company Secretary /Authorised Signatory
Board Resolution (BR) duly signed by the directors of the company
INC-21 and INC-20A will be required as applicable

Limited Companies

Memorandum of Association (MOA)
Articles of Association (AOA)
Certificate of Incorporation
Certificate of Commencement of Business
Latest list of directors duly signed by any Director/Company Secretary/Authorised Signatory
Board Resolution (BR) duly signed by the Directors/Company Secretary of the Company
INC-21 and INC-20A will be required as applicable

4. Can an individual open a Current Account?

Yes. Documentation will be that of an individual, i.e. identity proof and address proof.

List of acceptable documents for proof of Identity

Passport [not expired]
MAPIN card [issued by NSDL]
PAN (Permanent Account Number) card
Election /Voter’s card - subject to being accompanied by a Self-signed cheque drawn on
Nationalized/Private Sector/ Foreign Banks.
Photo ID card issued by any of the following organizations/Institutions
Central Government or any of its Ministries.
Statutory / Regulatory authorities
State Govt. or any of its Ministries
Public Sector Undertaking (established under GOI or State Govt.)
State Govt. of J&K1
Bar council
Senior Citizen card issued by State/Central Govt.
Govt. of India to Persons of Indian Origin [PIO card]
Defence Dept. / Ministry of defence for Defence personnel & their dependents
Public Financial institutions / Public sector banks
Permanent Driving license [not expired] - subject to being accompanied by a Self-signed cheque drawn on
Nationalized/ Private Sector / Foreign Banks

List of acceptable documents for proof of Address

Passport {Not Expired}.
Permanent Driving license {Not Expired}
Election /Voter’s card issued by Election Commission of India
Proof of possession of Aadhaar / printout of e-Aadhaar (not older than 30 days) / eKYC (Biometric / OTP based)
Job card issued by NREGA duly signed by an officer of the State Government
Letter issued by the National Population Register containing details of name & address

Note: For all non-individual entities, regulatory/industry specific document for running regulatory business and CKYC annexures are also required.

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Premium Current Account Eligibility Criteria

All You Need To Know

FEATURES

ELIGIBILITY

FEES & CHARGES

FAQs

Documentation

Manage Your Accounts

Tools & Calculators

Ways To Bank

Phone Banking

in the current economy

Premium Current Account Eligibility Criteria

All You Need To Know

FEATURES

ELIGIBILITY

FEES & CHARGES

FAQs

Documentation

Manage Your Accounts

Tools & Calculators

Ways To Bank

Phone Banking

Difference Between Current Account & Savings Account

in the current economy