HDFC BSBDA (Basic Savings Bank Deposit) Small Account gives access to almost every banking service such as Debit Card, chequebook, passbook, NEFT, RTGS, net banking, phone banking, mobile banking, Demand Drafts, and a lot more. You can open this account despite not having complete KYC. But you need to submit the same within 24 months of account opening. For balance lower than Rs. 50 lakhs, the applicable interest rate is 3.00%. The interest rate is 3.50% for a balance over Rs. 50 lakhs. The interest is calculated daily and credited quarterly.
In this post below, we will discuss HDFC Bank BSBDA Small Account features, eligibility criteria, fees and charges for the savings account, and FAQs.
Here are the features of this HDFC Bank Savings Account:
Here are the eligibility norms for HDFC Basic Savings Bank Deposit Small Account:
The transaction and service charges will apply for the current month. The same will be according to the average monthly balance you maintain the acc. for the last month. The fees for HDFC Basic Savings Bank Deposit Small Account are exclusive of taxes and shall attract GST as applicable.
Nepal State Bank Ltd. Account of the Customer: Rs. 20
Customers for the non-bank account:
HDFC Basic Savings Bank Deposit Small Account FAQs:
Rs. 20 is chargeable for Debit Card transactions on non-HDFC Bank international ATM. The bank will apply a cross-currency mark-up of 3.5% on transactions of foreign currency. The VISA/Master Card exchange rate applies during a transaction. Rs. 50 is for PIN regeneration.
Charges for a cheque drawn at bank locations for a regular savings account:
At non-CTS locations, cheques drawn on Speed Clearing Branches:
The same charges apply for cheques drawn on non-branch locations for a regular savings account. There are no charges for cheques drawn on Speed Clearing Branches at CTS locations. For cheques drawn on speed clearing branches at non-CTS locations, no charges for up to Rs. 1 lakh. The charges are Rs. 140 per instrument for an amount of Rs. 1,00,001 and over.
Free and unlimited deposits. You can make 4 withdrawals maximum in a month free-of-cost through any mode such as cash at ATM, IMPS, branch, NEFT, Clearing, RTGS, MC/DD issuance, etc. From the 5th instance onward, the fee is according to the type of withdrawal mode:
The charges are Rs. 50 + charges as given below:
Issuance Charges for DD/MC Through Branch:
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