Mumbai, also known as the city of dreams, offers opportunities and growth for those who are looking for it. Whether you move to the city for a job or to pursue your education, or have been a lifelong resident, the city has something for everyone. However, it is also densely populated and an expensive place to live in. When you live in Mumbai, simply saving money is not enough! You need to use your idle funds to generate wealth too. Thus, when you open a Regular Savings Account at HDFC Bank, you can safely store your funds while earning additional income. Continue reading to learn more about how opening a Savings Account in Mumbai can help you.
What are the Features and Benefits of Opening a Savings Account in Mumbai?
When you open a Savings Account in Mumbai at HDFC Bank, you can enjoy the following features and benefits:
- Attractive Interest Rates:
Depositing your income in the HDFC Bank Savings Account allows you to enjoy the opportunity to earn additional income. HDFC Bank offers attractive interest rates which, when applied to the amount parked in your Savings Account, enable you to earn decent additional income. The funds thus earned can go a long way in helping you manage the costs of living in a metropolitan city like Mumbai.
- Debit Card:
When you open an HDFC Bank Savings Account, you also get offered a Debit Card. You can keep your lifestyle and financial needs in mind while choosing the Debit Card. You can make the most of the benefits and offers on your Debit Card to save money when possible. Enjoy swift cashless transactions and pay for your purchases with a quick swipe or a few taps.
Ease of Transaction:
The HDFC Bank Savings Account enables you to conduct day-to-day transactions with the utmost ease. At HDFC Bank, you can access an extensive network of 6000+ branches and 16,000+ ATMs to carry out your banking activities. You can also handle your accounts from anywhere, at any time, with the HDFC Bank NetBanking and PhoneBanking facilities. From checking your balance to paying utility bills, the HDFC Bank Savings Account, and the associated internet banking, helps you do it all!
Charges:
At HDFC Bank, you can open a Regular Savings Account at affordable and reasonable charges. You can keep the account active by maintaining a considerably low minimum balance requirement. Further, you also get access to a Demat Account, and the Annual Maintenance Charges (AMC) for the same are waived off for the first year.
Added Benefits:
Apart from these benefits, an account opening at HDFC Bank also allows you to enjoy other exclusive perks. The Regular Savings Account grants you access to a safe deposit locker to store your precious belongings. Also, you can make the most of the Super Saver facilities to save more money! With a plethora of offers and discounts, the HDFC Bank Savings Account is an asset in a city like Mumbai.
Eligibility Criteria and Documentation:
HDFC Bank strives to make Savings Bank Accounts in Mumbai as accessible as possible. Thus, we set basic eligibility criteria and ask for minimal paperwork. You can also open the HDFC Bank Savings Account online from the comfort of your own home. Avoid the hassle of a commute to a bank branch and waiting in long queues. With just a few clicks, you can enjoy all the benefits offered via an HDFC Bank Savings Account.
To open an HDFC Bank Savings Account online, you can follow the steps given below:
- Log onto the HDFC Bank portal.
- Fill out the application form and attach the documents required.
- Complete the KYC (Know Your Customer) process, now possible online.
- Begin using your HDFC Bank Savings Account as soon as you receive your customer ID and account number.
No matter what Mumbai has in store for you, the HDFC Bank Savings Account has you covered. Click here to open your HDFC Bank Savings Account today!
*Terms and conditions apply. The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances.
