HDFC Current Account

Below mentioned table shows the list of online current account variants provided by HDFC Bank. It is to be noted that HDFC Current Account minimum balance requirement varies from one account to another. Hence this factor is to be kept in mind while choosing the type of HDFC Bank current account.

HDFC Current Account	Primary Features
Max Advantage Current Account	Free NEFT / RTGS / IMPS Unlimited DD at bank location
Ascent Current Account	Multiplier advantages across all transactions 50 DD and POs free (per month)
Activ Current Account	30 DD and POs free (per month) Cash & Cheque pickups and cash deliveries
Plus Current Account	50 DD and 50 POs a month free from any HDFC branch Free local / intercity cheque collection & payment
Premium Current Account	Free DD above Rs.1 lakh Secure pick-up and delivery of cash and cheques with Doorstep Banking
Regular Current Account	Free local or intercity cheque collection and payment Quick alert on transactions via InstaAlert Service
Smartups for Startups	Avail allied services for startups at special rates Get a choice of 2 accounts as per the requirement
Saksham Current Account	Zero non-maintenance charges for 2 calendar half years Avail Doorstep Banking facility
E-Commerce Current Account	Nodal Account to manage aggregator business PPI Escrow Account for online wallet
Current Account for Professionals	30 DD and 30 POs a month free from any HDFC Bank branch Free local or intercity cheque collection and payment
Agri Current Account	Free local or intercity cheque collection and payment Free DD above Rs.50,000
Government / Institutional Current Account (HDFC Zero Balance Current Account)	No HDFC Bank current account minimum balance requirement Unlimited and free DD and PO
RFC– Domestic Account	Open account in 3 currencies – USD, EUR, GBP Get professional rates on conversion to local currency
Exchange Earners Foreign Currency Account	Can be opened in USD / Euro / GBP currencies Retain forreing exchange in the currency

The customers get the privilege of free NEFT, RTGS and IMPS transactions plus free and unlimited DD at bank location.

Primary Features	Charges
Average Quarterly Balance (AQB)	Metro and Urban: Rs.5 lakh Rural and Semi-Urban: Rs.2.5 lakh
Non-Maintenance Charges	Metro and Urban: Rs.8000 per quarter Rural and Semi-Urban: Rs.4000 per quarter
Cash Deposit Limit	Free up to 12 times of current month AMB
Cash Withdrawal (Home Branch)	Free
Cash Withdrawal (Non-Home Branch)	Free up to 12 times of current month AMB
Cheque Leaves	Free up to 100 cheque leaves
Local & intercity cheque collection & payments	Free (unlimited value)
Bulk Transaction Limit	Free up to 150 transactions
DD / PO	Free
NEFT / RTGS / IMPS transactions	Free
Account Closure Charges	Beyond 12 months: Free
Eligible Customers	Resident Individual, HUF, Sole Proprietorship Firms, Private & Public Limited Companies

Get up to 100 cheque leaves for free and local and intercity cheque collection and payments free for unlimited value.

Primary Features	Charges
Average Quarterly Balance (AQB)	Metro and Urban: Rs.50,000 Rural and Semi-Urban: Rs.25,000
Non-Maintenance Charges	Rs.3000 per quarter
Cash Deposit Limit	Free up to 10 times of current month AMB
Cash Withdrawal (Home Branch)	Free
Cash Withdrawal (Non-Home Branch)	Free up to 10 times of current month AMB
Cheque Leaves	Free up to 100 cheque leaves
Local & intercity cheque collection & payments	Free (unlimited value)
DD / PO	50 DD / PO for Rs.1 lakh of balance maintained
NEFT / RTGS transactions	Free
Account Closure Charges	Beyond 12 months: Free
Eligible Customers	Resident Individual, HUF, Sole Proprietorship Firms, Private & Public Limited Companies

This account comes with a low minimum balance requirement of just Rs,10,000. Get 500 cheque leaves free per month.

Primary Features	Charges
Average Quarterly Balance (AQB)	Rs.10,000 (all locations)
Non-Maintenance Charges	Rs.1500 per half year
Cheque Leaves	500 leaves free per month
Local & intercity cheque collection & payments	Free (unlimited value)
Closure Charges	Beyond 12 months: Free
Eligible Customers	Resident Individual, HUF, Sole Proprietorship Firms, Private & Public Limited Companies

The customers get the advantage of cash deposit limit of Rs.10 lakh and free cash withdrawal from home branch.

Primary Features	Charges
Average Quarterly Balance (AQB)	Rs.1 lakh
Non-Maintenance Charges	Rs.50,000 and above: Rs.1500 per quarter Less than Rs.50,000: Rs.6000 per quarter
Cash Deposit Limit (Home Branch)	Rs.10 lakh or 50 transactions
Cash Withdrawal (Home Branch)	Free
Cash Withdrawal (Non-Home Branch)	Rs.1 lakh per day
Cheque Leaves	300 cheque leaves free per month
DD / PO	Free up to 50 DD / POs per month
NEFT / RTGS	Free
Account Closure Charges	Beyond 12 months: Free

Avail free NEFT, RTGS and IMPS transactions plus free cash withdrawal from home branch.

Primary Features	Charges
Average Quarterly Balance (AQB)	Rs.25,000
Non-Maintenance Charges	Rs.1800 per quarter
Cash Deposit Limit	Free up to Rs.3 lakh per month
Cash Withdrawal (Home Branch)	Free
Cash Withdrawal (Non-Home Branch)	Free up to Rs.25,000 per day
Cheque Leaves	Free up to 100 cheque leaves
DD / PO	Above Rs.1 lakh – Free
NEFT / RTGS / IMPS transactions	Free through net banking
Account Closure Charges	Beyond 12 months: Free
Eligible Customers	Resident Individual, HUF, Sole Proprietorship / Partnership, Partnership Firm, Limited Company, Trust, Foreign Institutional Investor, Foreign National residing in India, Limited Liability Partnership, Association / Club

This variant comes with a low minimum balance requirement of Rs,10,000. Get NEFT and RTGS transactions free via net banking.

Primary Features	Charges
Average Quarterly Balance (AQB)	Rs.10,000
Non-Maintenance Charges	Rs.1500 per quarter
Cash Deposit Limit	Free up to Rs.2 lakh per month
Cash Withdrawal (Home Branch)	Free
Cash Withdrawal (Non-Home Branch)	Charges at Rs.2 / Rs.1000, min Rs.50 per transaction
Cheque Leaves	Nil
Local & intercity cheque collection & payments	Free (unlimited value)
Bulk Transaction Limit	Maximum of 50 transactions per month
DD / PO	Above Rs.1 lakh – Free
NEFT / RTGS transactions	Free via net banking
Account Closure Charges	Beyond 12 months: Free
Eligible Customers	Resident Individual, HUF, Sole Proprietorship / Partnership, Limited Company / Limited Liability Partnership, Trust / Association / Club / Society

This account requires no maintenance of balance for the first 2 quarters. Get a free cash withdrawal limit of Rs 5 lakh per month.

Primary Features	Charges
Average Quarterly Balance (AQB)	Zero AQB requirement for first 2 quarters
Non-Maintenance Charges	Rs.1800 per quarter
Cash Deposit Limit	Free up to 12 times current month AMB
Cash Withdrawal (Home Branch)	Free
Cash Withdrawal (Non-Home Branch)	Free up to Rs.5 lakh per month
Cheque Leaves	Free 100 cheque leaves per month
Local & intercity cheque collection & payments	Free (unlimited value)
Bulk Transaction Limit	Maximum of 200 transactions per month
DD / PO	Free up to 50 DD / POs per month
NEFT / RTGS / IMPS transactions	Free via net banking
Account Closure Charges	Beyond 12 months: Free
Eligible Customers	Proprietorship, Partnerships, Limited Liability Partnership (LLP), Private limited companies and Limited companies

The users get 500 cheque leaves for free. The account comes with the average half yearly balance requirement of Rs.10,000.

Primary Features	Charges
Average Half Yearly Balance (HAB)	Rs.10,000
Non-Maintenance Charges	Rs.1500 per half year
Cash Deposit Limit	Free up to 12 times current month AMB
Cheque Leaves	Free 500 cheque leaves
DD / PO	Unlimited Free
NEFT / RTGS / transactions	Free via net banking
Account Closure Charges	Beyond 12 months: Free
Eligible Customers	Resident Individual, HUF, Sole Proprietorship Firms, Partnership Firms, Private & Public Limited Companies

The variant provides free cash withdrawal (from home branch) to the users. Get 300 cheque leaves free per month.

Primary Features	Charges
Average Quarterly Balance (AQB)	Rs.25,000
Non-Maintenance Charges	Rs.1800 per quarter
Cash Deposit Limit	Higher of Rs.3 lakh per month or 6 times of AMB of current month
Cash Withdrawal (Home Branch)	Free
Cash Withdrawal (Non-Home Branch)	Free up to Rs.1 lakh per day
Cheque Leaves	300 cheque leaves free per month
Local & intercity cheque collection & payments	Free (unlimited value)
Bulk Transaction Limit	Maximum of 200 transactions per month
DD / PO	Up to 50 DD / POs free per month
NEFT / RTGS / IMPS transactions	Free
Account Closure Charges	Beyond 12 months: Free
Eligible Customers	HUF, Sole Proprietorship, Partnership / Limited Liability Partnership, Private / Public Limited Company

This account variant is ideal for large value transactions. Get a cash deposit limit of Rs.10 lakh per month and minimum balance requirement of Rs.10,000.

Primary Features	Charges
Average Quarterly Balance (AQB)	Rs.10,000
Non-Maintenance Charges	Rs.1500 per quarter
Cash Deposit Limit	Rs.10 lakh per month
Cash Withdrawal (Home Branch)	Free
Cash Withdrawal (Non-Home Branch)	No free limits
Cheque Leaves	50 leaves per month
Local & intercity cheque collection & payments	Free (unlimited value)
Bulk Transaction Limit	75
DD / PO	Free up to 30 DD / POs each free per month
NEFT / RTGS transactions	Free via net banking
Account Closure Charges	Beyond 12 months: Free

Free NEFT and RTGS transactions via net banking plus get monthly cash deposit limit of Rs.10 lakh.

Primary Features	Charges
Average Quarterly Balance (AQB)	Rs.10,000
Non-Maintenance Charges	Rs.1500 per half year
Cash Deposit Limit	Rs.10 lakh per month
Cash Withdrawal (Home Branch)	Free
Cash Withdrawal (Non-Home Branch)	No free limits
Cheque Leaves	50 leaves per month
Local & intercity cheque collection & payments	Free (unlimited value)
Bulk Transaction Limit	100
DD / PO	Free above Rs.50,000
NEFT / RTGS transactions	Free via net banking
Account Closure Charges	Beyond 12 months: Free
Eligible Customers	Resident Individual, Hindu Undivided Family, Sole Proprietorship/Partnership, Limited Company/Limited Liability Partnership, Trust/Association/Club/Society

This is a zero balance HDFC Current Account. Get a free cash deposit limit of up to Rs.50 lakh per month.

Primary Features	Charges
Average Quarterly Balance (AQB)	Zero
Non-Maintenance Charges	Nil
Cash Deposit Limit	Free up to Rs.50 lakh per month
Cash Withdrawal (Home Branch)	Free
Cash Withdrawal (Non-Home Branch)	Free up to Rs.1 lakh per day
Cheque Leaves	Free 500 cheque leaves per month
Local & intercity cheque collection & payments	Free (unlimited value)
Bulk Transaction Limit	Maximum of 300 transactions per month
DD / PO	Free
NEFT / RTGS transactions	Free via net banking
Account Closure Charges	Beyond 12 months: Free
Eligible Customers	Trusts, Associations, Societies, Clubs, Non-Profit Organisations, Government Organisations

This variant can be opened in 3 currencies. The users can get a free monthly account statement.

Primary Features	Charges
Available in currencies	USD, EUR and GBP
Currency Conversion	Can be converted to local money anytime
Foreign Exchange	Retain foreign exchanges in currency in which it is earned
Account Statement	Free monthly account statement
Eligibility Criteria	Resident Indian National with an existing HDFC Bank Savings or Current Account

This variant is available in 17 currencies. The users have the privilege to easily track funds via free monthly statement.

Primary Features	Charges
Available in currencies	17 currencies- USD, EUR, GBP, CAD, SAR etc.
Currency Conversion	Can be converted to local money anytime
Foreign Exchange	Retain foreign exchanges in currency in which it is earned
Account Statement	Track funds via free monthly statement
Eligibility Criteria	Resident Indian National with an existing HDFC Bank Savings or Current Account

Account Type	Primary Features
	Average Quarterly Balance (AQB)	Non-maintenance charges (per quarter)	Cash Deposit	Cash Withdrawal (non-home branch)
Max Advantage Current Account	Rs.5 lakh (metro & urban)	Rs.8000 (metro & urban)	Free up to 12 times of current AMB	Free up to 12 times of current AMB
Ascent Current Account	Rs.50,000 (metro & urban)	Rs.3000	Free up to 10 times of current AMB	Free up to 10 times of current AMB
Activ Current Account	Rs.10,000	Rs.1500 (per half year)	NA	NA
Plus Current Account	Rs.1 lakh	Rs.1500 (for Rs 50,000 & above)	Rs.10 lakh	Rs.1 lakh per day
Premium Current Account	Rs.25,000	Rs.1800	Free up to Rs.3 lakh per month	Free up to Rs.25,000 per day
Regular Current Account	Rs.10,000	Rs.1500	Free up to Rs.2 lakh per month	Charges at Rs.2 / Rs.1000
Smartup Alpha Current Account	Zero	Rs.1800	Free up to 12 times of current AMB	Free up to Rs.5 lakh per month
Saksham Current Account	Rs.10,000 (HAB)	Rs.1500 per half year	Free up to 12 times of current AMB	NA
E-Commerce Current Account	Rs.25,000	Rs.1800	Free up to 6 times of current AMB	Free up to Rs.1 lakh per day
Current Account for Professionals	Rs.10,000	Rs.1500	Rs.10 lakh per month	NA
Agri Current Account	Rs.10,000	Rs.1500 per half year	Rs.10 lakh per month	NA
Government / Institutional Current Account	Zero	NA	Free up to Rs.50 lakh per month	Free up to Rs.1 lakh per day

The customers can apply for HDFC Bank Current Account online as well as offline. Below listed are the steps one needs to follow for HDFC Bank current account opening.

Online

• Visit the HDFC Bank’s official website and go to the ‘Current Account’ section.
• Choose the preferred account type. It is to be noted that the requirement of minimum balance in HDFC Current Account may vary from one account variant to another.
• Click on the ‘Apply online’ section and proceed further.
• In the newly opened page, login using HDFC Current Account ‘Net banking’ or ‘Mobile Number & Verification Code’ and proceed further. Look at the below displayed picture for better understanding

• Fill all the required details like product variant, name, mobile number, type of entity, PAN Card number etc. Have a look at the below given picture

• Having filled all the details, agree to the terms and conditions of the bank & proceed furtheThe bank will contact the applicant for confirmation and further documentation

Offline

The customers can visit the nearest HDFC Bank branch and fill the HDFC Bank Current Account opening form and submit it will all the required KYC acceptable documents.

HDFC Current Account documents (common)

Proof of identity such as PAN Card, Voter ID Card, Passport, Driving License Proof of Address: Telephone bill, Electricity Bill Proof of existence of the business

Below mentioned is the list of documents required to establish proof of the existence of the business:

Proof of Existence (Business)

Registration and License issued by Municipal authorities GST registration certificate Registration certificate issued by Professional Tax authorities Certificate issued by State Government RBI or SEBI registration certificate License by FSSAI An import-export licence issued by the Director General of Foreign Trade

Proof of Address for business

TAN Property registration documents Water tax or Property tax bills Title deeds or rental registration documents Existing bank account statements

For NRI Customers (additional documents)

Customer declaration including the following: The funds will come from NRO / NRE or FCNR The firm is not involved in print media, agricultural activities or real estate business

For Limited Liability Partnership

Certificate of Incorporation Partnership agreement List of DPID issued by Ministry of Corporate Affairs KYC of designated partners A resolution showing that the Designated Partner is authorised to be a signatory

For Companies

Memorandum and Article of Association Certificate of Incorporation Certificate of Commencement of Business List of Directors Board Resolution appointing signatories

Q. Is there any HDFC Zero Balance Current Account?

A. Yes, SmartUp Alpha Current Account and Government / Institutional Current Account are both Zero Balance Current Accounts offered by HDFC Bank.

Q. How can one check HDFC Current Account status?

A. One can check the HDFC Current Account opening status by contacting the bank’s customer care or directly visiting the nearest bank branch for the details.

Q. What is HDFC Bank Current Account interest rate?

A. HDFC Bank does not provide any interest rate on any of the current account variants offered by the bank.

Q. What are HDFC Current Account charges on non-maintenance of balance?

A. The non-maintenance charges differ from one current account variant to another.