HDFC Bank Family Savings Group Account helps you to pool savings bank (SB) accounts of your family members under one group. Then you get additional benefits for all the members of the group account (acc.). You can also continue with the services available for the respective accounts. Thus, the advantage is doubled, and the members can maximize returns with a high rate of interest. Also, you can shop, pay bills, transfer funds at no/minimal charges.
In this post, we will cover topics such as HDFC Family Savings Account for Group features, eligibility criteria, fees and charges, FAQs.
Here are the features:
Here is more information:
The below-mentioned eligibility criteria for existing members. No new accounts can be clubbed under this scheme. A family is accounted as spouse, mother, father, daughter, son, sister, brother, grandchild, or grandparent. Here are the norms for those who could apply for the acc.
Here are the details:
Here are the frequently asked questions:
Here is the information:
Per account, Rs. 2 lakhs are possible for free every month
No charge for value up to Rs. 25,00 per day
Here is what you must know:
For other bank ATM transactions, get 5 transactions free in a month. The cap for such transactions in the top 6 cities is 3
Charges for transactions over the free limit are:
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