HDFC Bank Savings Account – Interest Rate, Types, Eligibility, Documents required

HDFC Bank offers as many as 14 different types of savings accounts including a basic salary account to savings max, women’s special account, BSBDA, senior citizen special account & more. On this page, you can check and compare the latest HDFC Bank savings account interest rates applicable in 2025 while knowing how to open HDFC savings account online, the documents required to open a savings account and more.

HDFC Savings Account Interest Rates 2025

Bank Balance	Interest Rate (% p.a.)
Less than Rs. 50 Lakh	3.00
Of and Above Rs. 50 Lakh	3.50

Note: The above-mentioned HDFC Bank savings account interest rates are updated as on 8th January 2025.

Also Read: Top Savings Account Interest Rates

Types of HDFC Bank Savings Accounts

1. HDFC Regular Savings Account	2. HDFC Women’s Savings Account
3. HDFC Savings Max Account	4.HDFC Specialé Gold and Specialé Platinum
5.HDFC DigiSave Youth Account	6. HDFC Senior Citizen’s Account
7.HDFC Kids Advantage Account	8. HDFC Basic Savings Bank Deposit Account
9.HDFC Super Kids Savings Account	10. HDFC Instant Savings Account Online

HDFC Bank Savings Account Features & Benefits

1. HDFC Regular Savings Account

Particulars	Details
Average Monthly Balance (AMB)	Metro / Urban branches: Rs.10,000 Semi-Urban Branches: Rs.5,000 Rural Branches: Rs.2,500* or FD of Rs. 10,000 for min. 1 year 1 day *Average Quarterly Balance
Eligibility Criteria	Indian residents (Minors above the age of 10 years can open a self-operated minor account)
ATM Charges & Monthly withdrawal limit	Free first 5 transactions per month in HDFC ATMs Rs. 2 lakh/month (no charges) 3rd party cash transaction: Rs. 25,000/day
Cheque Book Facility	Free – 25 cheque leaves per financial year Additional chequebook @ Rs. 100 (Rs. 75 for senior citizens)
Debit Card	Offered with following variants: Millennia Debit Card MoneyBack Debit Card Rupay Premium EasyShop Woman’s Advantage EasyShop Titanium Royale Rewards Card EasyShop Platinum, etc.
Other Features	Netbanking, Mobile Banking Free passbook & email statement facility Safe Deposit Lockers Access to HDFC credit card offers

2. HDFC Bank Women’s Savings Account

Particulars	Details
Average Monthly Balance (AMB)	Rs. 10,000 (Metro / Urban branches) Rs. 5,000 (Semi-Urban / Rural branches) *Non-maintenance charges: Rs. 150 – Rs. 600
Eligibility Criteria	Resident women only (single) For a joint account, the first account holder should be a woman Foreign national residing in India (woman)
Monthly withdrawal limit	Rs. 2 lakh per month per account (Rs. 5 per thousand charged thereafter)
Cheque Book Facility	Free payable-at-par multi-city cheque book half-yearly (25 leaves)
Debit Card	Cashback of Re. 1 on every Rs. 200 spent on applicable categories (Daily cash withdrawal limit: Rs. 25,000)
Other Features	Free passbook and e-mail statements Two-wheeler loan at up to 3.5% lower interest rate Accidental Death Cover of Rs. 10 lakhs Accidental Hospitalization Cover of Rs. 1 lakh Daily shopping limit of Rs. 2.75 lakh

3. HDFC Bank Savings Max Account

Particulars	Details
Average Monthly Balance (AMB)	Rs. 25,000 or FD of Rs. 1.5 lakh in Metro/Urban branches Rs. 1 lakh in Semi-Urban/Rural branches (Non-maintenance charges: Rs. 300 – Rs. 600)
Eligibility Criteria	Resident Individuals (sole or joint account) Hindu Undivided Families Foreign nationals residing in India Minor above the age of 10 years (self-operated minor account)
ATM Charges & Monthly withdrawal limit	Free unlimited cash withdrawals and balance enquiries at all HDFC Bank ATMs and non-HDFC domestic ATMs 5 free cash transactions per month – Any branch Rs 2 lakh per month per account (Rs. 5 per thousand charged thereof)
Cheque Book Facility	Free – 25 cheque leaves per financial year (up to Rs. 100/chequebook thereof)
Debit Card	Complimentary Platinum Debit card with up to 1% Cashback Daily cash withdrawal limit of Rs. 1 lakh Shopping limit of Rs. 5 lakh
Other Features	Insurance coverage of up to Rs. 3.29 crore(including personal death cover, accident hospitalization cover, international air coverage when booked ticket via debit card, etc.) Free demand drafts on HDFC Bank locations, up to Rs. 1 lakh per day 50% discount on locker rental Free lifetime BillPay & InstaAlerts for all account holders (beneficial for joint account holders) Up to 90% finance on the on-road price of a vehicle when applied for an HDFC Auto Loan No Demat AMC for the first year

4. HDFC Specialé Gold and Specialé Platinum

Particulars	Details
Average Quarterly Balance (AQB)	Variant 1 (Gold): Rs. 1 lakh or FD of Rs. 4 lakh Variant 2 (Platinum): Rs. 3 lakh or FD of Rs. 8 lakh Non-maintenance charges/quarter: Rs. 299 – Rs. 999
Eligibility Criteria	Indian residents
ATM Charges & Monthly withdrawal limit	Gold: 5 free cash transactions/month (up to Rs. 5 lakh) Platinum: 10 free cash transactions/month (up to Rs. 15 lakh
Cheque Book Facility	Free chequebook
Debit Card	Lifetime free HDFC Platinum debit card with unlimited free ATM transactions (Daily domestic shopping: Rs. 5 lakh) (Daily domestic ATM withdrawal: Rs. 1 lakh)
Other Features	Customized account number (If the initial deposit is more than Rs. 5 lakh) Locker charges waived: Gold: @ 50% for 1st year; Platinum: Free     for 1st year Fund transfer facilities: – NEFT/IMPS/RTGS/UPI – free online – NEFT/RTGS – charged at branch Free DD of up to Rs. 1 lakh/day (Gold) Free DD – no limit (Platinum)

For complete details: HDFC Speciale

5.HDFC Bank DigiSave Youth Account

Particulars	Details
Average Monthly Balance (AMB)	Metro / Urban branches: AMB Rs. 5,000/ Semi-Urban / Rural Branches: AMB Rs. 2,500/-Non-maintenance charges: Rs. 150 – Rs. 300
Eligibility Criteria	Resident Individuals of 18 years to 25 years old only (sole/jointly)
ATM Charges & monthly withdrawal limit	First 5 financial transactions free per month – HDFC ATMs First 3 financial transactions free per month- Non-HDFC ATMs Cash transactions at the branch: Rs. 1.25 lakh free/month
Debit Card	Debit cum ATM card issued (Min. annual fee: Rs. 150) First year free MoneyBack Debit Card with daily domestic shopping limit of Rs. 3 lakh ATM cash withdrawal limit of Rs. 25,000 per day
Other Features	5% Cashback up to Rs. 100 every month  (when standing Instructions set on a debit card for bill payments) Cashback on debit card: up to Rs. 4,800/year Insurance Cover of up to Rs. 1.14 crore Special Offers on Education Loan Dream Deposit: Start with small savings of Rs. 1,000 SIP facility (Mutual Funds) Free e-mail statements/passbook Free mobile and e-mail alerts

6.HDFC Senior Citizen’s Account

Particulars	Details
Average Monthly Balance (AMB)	Rs. 5,000
Eligibility Criteria	All resident individuals (sole or joint) in the age group of 60 years and above
ATM Charges & Monthly withdrawal limit	Free transaction of Rs. 2 lakh per month per account 4 free cash transactions per month
Cheque Book Facility	Free chequebook per financial year (25 leaves) Additional cheque book of 25 leaves @ Rs. 75
Debit Card	Different variants available
Other Features	Accident hospitalisation cover of Rs. 50,000 p.a. Preferential rates on FDs Free lifetime BillPay, email statements, SMS & InstaAlerts Free travellers’ cheques

7. HDFC Kids Advantage Account

Particulars	Details
Average Monthly Balance (AMB)	Rs. 5,000
Eligibility Criteria	Minors (up to 18 years old) By parent or legal guardian having a savings account in HDFC Bank
Cash withdrawal limit	Cash transactions up to Rs. 2 lakh per month per account (no charges) Rs. 5 per thousand charged thereof 4 free cash transactions per month
Debit Card	HDFC Kid’s Advantage Debit Card issued Replacement charges: Rs. 200 + taxes
Other Features	Free Education Insurance cover: Rs. 1 lakh (on the death of parent/guardian by vehicular accident) Option to set standing instructions for monthly fund transfer from parent’s account to the child’s account MoneyMaximizer Sweep-out facility: If balance reaches Rs. 35,000, excess of Rs. 25,000 to be transferred to FD of 1 year and 1 day Free ATM/international debit card issued Free passbook facility

8. HDFC Basic Savings Bank Deposit Account (BSBDA)

Particulars	Details
Average Monthly Balance (AMB)	Not required
Eligibility Criteria	Resident individuals & HUF (Should not have another savings account with any other bank) Minors above 10 years are also eligible to open self-operated account
Withdrawal limit	4 free withdrawals (cash, NEFT, RTGS, IMPS, DD, etc.) Rs. 150 per transaction thereof
Cheque Book Facility	Free chequebook per financial year (25 leaves) Additional chequebook @ Rs. 100 (Rs. 75 for senior citizen)
Debit Card	Free ATM/Rupay debit card
Other Features	Free passbook, email statements and lifetime BillPay Free TDS certificate issued (basis solicitation)

9. HDFC Bank Super Kids Savings Account

Particulars	Details
Average Monthly Balance (AMB)	Rs. 1,00,000 or FD relationship of Rs. 4,00,000
Eligibility Criteria	Minor (up to 18 years old) By parents or legal guardian having a savings account in HDFC
Cash withdrawal limit	5 free cash withdrawals per month Rs. 150 per transaction thereof
Debit Card	Issues to minors above 3 years of age Replacement charges: Rs. 200 + taxes
Other Features	WhiteHat Jr – Promo code/ Udemy E-Gift voucher worth Rs. 5,000 NetMeds gift voucher worth Rs. 1,000/Apollo Pharmacy E-Gift worth Rs. 1,000/MediBuddy membership voucher worth Rs. 999 Hamleys E-Gift card/Myntra E-Gift card/Firstcry E-Gift card worth Rs. 1,000 Free education insurance cover of Rs. 5,00,000 in the event of death of the parent/guardian Option to set standing instructions for monthly fund transfer from parent’s account to the child’s account Money Maximizer facility: Automatic transfer of funds over and above Rs. 2,00,000 to an FD account Deposit experience giving a child the flexibility to deposit funds whenever available with small savings starting from Rs. 1,000 Free ATM transactions at all HDFC Bank ATMs and non-HDFC Bank domestic ATMs Free passbook facility
Cheque Book Facility	Free 25 cheque leaves per financial year Additional cheque book of 25 leaves @Rs. 100

10. HDFC Instant Savings Account Online

Particulars	Details
Average Monthly Balance (AMB)	Depends on the type of account
Eligibility Criteria	Individuals who are 18 years of age and above Resident individuals who do not have an existing HDFC account or salary account
Steps to open the account	Enter the details as per your Aadhar card Validate the details using the OTP Complete other account-related information Submit
Cash withdrawal limit	Limit depends on the type of account
Debit Card	You can withdraw money from HDFC Bank ATM without a Debit Card by simply pressing the cardless option on the ATM
Other Features	Send money and pay bills within 48 hours of account opening Transfer money to your account instantly Instant account number Instant access to Net/Mobile Banking
Cheque Book Facility	Depends on the type of account

Other HDFC Bank Savings Accounts

Some other savings accounts offered  HDFC Bank are given below:

HDFC Basic Savings Bank Deposit Account (BSBDA) Small Account	HDFC Government Scheme Beneficiary Account
HDFC Institutional Savings Account	HDFC Savings Farmers Account

How to Open an HDFC Savings Account 

Most HDFC savings accounts can be opened online as well as offline. The bank has eradicated the need to perform KYC documentation through video KYC.

Steps to Open HDFC Bank Savings Account Online

An applicant won’t have to visit the bank branch to open the HDFC Bank savings account online. Even the offline KYC is not required as it can get authenticated using the video KYC. Follow the steps mentioned below to open HDFC Bank savings account online:

1. Visit the HDFC Netbanking portal or open the mobile banking app
2. Click on “Open Instantly” against your selected savings account option
3. Provide your mobile number and date of birth and verify using the OTP
4. Provide your name and then authenticate using the Aadhaar card or other KYC documents
5. Enter your contact details such as email ID and address as mentioned in the Aadhaar card
6. The bank may ask a few additional details
7. Once the application is complete, authenticate using video KYC
8. After successful verification, your bank account will be opened instantly

Steps to Open HDFC Bank Savings Account Offline

You can open an HDFC Savings account offline by visiting a nearby HDFC Bank branch. Here are the steps that you need to follow for the same:

1. Visit the HDFC Bank branch and request for an account opening form
2. Fill the form with required details and attach self-attested copies of the proof of address and identity
3. Submit the form and documents and provide original Aadhaar and PAN for verification
4. Submit the demand draft or check or cash for depositing the amount in the bank account
5. After proper verification, your bank account will be opened

You will get a savings account welcome kit containing the ATM card, chequebook and MITC documents.

How to Close an HDFC Savings Account

Follow these 3 simple steps to close your HDFC savings account offline, as online it is not permitted:

Step 1: To close your HDFC savings account, make sure there is no pending amount to be settled with the bank or the negative account balance remains zero.
Step 2: You are required to download and fill up the account closure form with all the required details.
Step 3: Visit your nearest HDFC bank branch and submit the application form along with relevant documents.

Documents Required for Opening an HDFC Savings Account

• PAN Card
• Address & Identity Proof (any of the following)
  • Aadhaar Card
  • Voter’s Card
  • Driving License
  • Passport
  • Certificate issued by the government (Central/State), etc.
• Passport-sized photograph(s)

FAQs

Q. Is Aadhaar mandatory to open an HDFC Bank account?

Ans. No. According to the latest guidelines, you are not required to provide your Aadhaar Card to open an HDFC bank account. This is applicable to all banks in the country.

Q. Will my HDFC Savings Account be deactivated, if it is not used for a long period of time?

Ans. Yes, if you do not perform any deposit or withdrawal transaction from your bank account for a minimum of 2 years, it shall be blocked and the status will be called ‘Dormant’. However, to re-activate your account you shall need to visit the nearest bank branch to submit your KYC along with the account activation request form.

Q. How can I add a nominee to my savings account in HDFC Bank via netbanking?

Ans. By following the below mentioned simple steps you can add a nominee via net banking:
Step 1: Login via netbanking by using your user ID and password
Step 2: Search and click on the request section of the ‘Accounts’ tab
Step 3: Select ‘View/Update’ nomination details
Step 4: Select the respective account you want to to update the nominee.
Step 5: Further, you may click on ‘Modify’ to modify the nominee details, as well as you can add a new nominee and replace an existing one
Step 6: After filling in all the details, click on ‘Confirm’

Q. Can I open a savings account in HDFC with zero balance?

Ans. Yes, you can open a HDFC Basic Savings Bank Deposit (BSBD) savings account . It is a Zero balance account, wherein you are not required to maintain any monthly balance.

Q. What is the minimum balance for HDFC savings account?

Ans. The minimum average balance for HDFC savings accounts is Rs. 10,000 for metro and urban areas, Rs. 5000 for semi-urban and Rs. 2500 for rural areas.

Q. How can I transfer my HDFC savings account to another branch of the bank?

Ans. You can transfer your HDFC savings account to a different branch by submitting an account transfer form, which needs to be signed by all the applicants. However, your account number, cheque book, debit card, etc. remains the same even after the transfer,

Q. What is the best HDFC Bank savings account interest rate?

Ans. At present, for balances below Rs. 50 lakh, HDFC savings account interest rate is 3% p.a. and for balances of Rs. 50 lakh or above the interest rate is 3.50% p.a.

Q. How frequently is interest credited to my HDFC savings account?

Ans. Interest earned on your HDFC savings account balance is credited to your account on a quarterly basis.

Q. Is it possible to change my HDFC savings account from one account type to a different one?

Ans. Yes, you can change/upgrade your HDFC savings account type based on your needs. Please contact your relationship manager, the nearest HDFC bank branch or the customer service to get assistance with the same.

Note: The information on this page may not be updated. Kindly refer to the bank website to check the latest information.