The following people are eligible to open a Basic Savings Bank Deposit Account:

  • Resident Individuals (sole or joint account)
  • Hindu Undivided Families
  • Customer should not be having existing BSBD Account with any other Bank. 
  • Customer should not be holding any other Savings account with HDFC Bank. 
  • Minor above the age of 10 years are eligible to open self operated minor account and an ATM/Debit card can be issued to the Minor

Minimum Balance Requirement

  • No Initial Payment is required to open a 'Basic Savings Bank Deposit' account and No Average Monthly Balance needs to be maintained.