HDFC Bank BSBDA Small Account
The HDFC BSBDA Small account is a zero balance savings accounts having no frills and easy to use ATM card to make transactions. The ATM card lets you transact from anywhere in India. Let us comprehend the highlights of the saving account:
The interest rate offered on HDFC BSBDA Small account is 4%.
One gets free access to RuPay Debit cards, which is also the ATM card.
Any individual resident of India can apply for HDFC BSBDA Small account.
The new customer will have to get through all the KYC requirements done before opening the account. The required ID proof and address proof should be submitted as per the rules of opening an HDFC BSBDA Small account.
The KYC documents can be flexibly submitted within 12 months of opening the account. The actual KYC documentation should be however provided within 24 hours of opening the account.
Features of HDFC BSBDA Small account
Using the RuPay Debit card, one gets 5 free ATM cash withdrawals every month.
The passbook facility is free for all the account holders.
The cheque book facility is offered at Rs 5 per leaf.
The cheque and cash deposits at branches at ATMs are free of cost.
Charges and fee applicable for HDFC BSBDA Small account
There are no charges applicable on average monthly balance or non-maintenance of the account.
The passbook issuance and TDS certificate costs are nil.
Rs 400 are charged for a duplicate passbook.
Rs 50 are charged on a cheque for stop payment fees. Further, Rs 100 is charged for a range of cheques. There are no costs applicable in the case of Phone banking and net banking.
Rs 50 applicable as fee generation charge.
Mobile banking and net banking are free
Interest certificate costs you Rs 50.