HDFC Bank offers a variety of savings account options. They have a solution to meet your daily banking demands, no matter what age group you belong to. You can choose from Digi Save Senior Citizen Account, Mahila Savings Account, or Yuva Account and avail the facilities that are offered in these types of savings bank accounts. HDFC savings account includes state-of-the-art banking features and services. Customers can choose the account that best suits their needs and a personal relationship manager is always ready to help them. HDFC Bank offers a wide range of accounts from Basic Salary Account to Savings Max, Mahila Special Account, BSBDA, Senior Citizen Special Account and more. In this article, you will also get to know about HDFC Bank benefits, eligibility, how to open and more.
HDFC Bank Savings Account Interest Rate
| hdfc bank savings account balance | hdfc bank savings interest rate |
| Less than Rs 50 lakh | 3.00% p.a. |
| Above Rs 50 lakh | 3.50% p.a. |
HDFC Saving Account opening overview
| Topic | Open HDFC Saving Account online |
| Organization | HDFC Bank Ltd. |
| Bank | HDFC |
| Article type | Bank Account |
| Account type | Saving Account |
| Requirements | Please read article carefully |
| Charges | nill |
| Official website | www.hdfcbank.com |
Benefits of HDFC Bank Savings Account
- You can carry out transactions through this savings account.
- Through this savings account you can pay electricity bills, recharge, and online shopping etc.
- Customers of this bank can withdraw money from ATM.
- All account holders get ATM cards from this bank.
- Depositors can nominate any beneficiary as a nominee for their savings account.
Bank Eligibility
- Eligibility for this saving account must be Indian.
- Any minor above 10 years of age can open this account on his/her own.
- This account is available to resident individuals between the ages of 18 and 25 years as a single account or a joint account.
HDFC Savings Account Documents Required
- Aadhar Card
- Pan Card
- Passport Size Photo
- Email Id
- Mobile Number
How to open zero Balance Account
- To open a zero balance account in HDFC Bank, you need to visit its official website.
- You have to click on the Insta Account option here. Here you will see different account types. Like – gold & platinum account, Insta Account, Savings Max Account, Women’s Savings Account, Regular Savings Account. From these, you have to select Insta Account.
- After that you will have to enter the mobile number. In this, the same mobile number has to be entered which is linked to the Aadhar card.
- To open an account, you will have to enter your Aadhaar card number here. To open an account, it is necessary to have KYC documents. But if you have an Aadhaar card, then your account will be opened without going to the bank branch. Apart from this, you will also get a kit which will contain debit card, checkbook. This kit will be sent to you by post.
- Now click on “Aadhaar Authentication” to verify Aadhaar. After this click on “request verification code”.
- After that an OTP will be sent to your mobile, which you will have to enter.
- Now you have to choose the type of account like savings account, salary account, current account. Here you choose regular savings account.
- After that you have to select the bank branch. To select the bank branch, first select your state and city.
- Now the person will have to fill all his information – like name, address, email ID etc.
- Now tick the facility you want from the bank facilities shown in front of you.
- After completing the steps mentioned above, your account will be opened. After this, if you want to get KYC done, then you have two options for this.
- In video KYC, the bank will complete your KYC through video call.
- In this, you will have to go to the bank with KYC documents.
- In this way your zero balance account can be opened in the bank.
How to Open HDFC Bank Savings Account
- Go to HDFC Bank net port and open mobile banking app.
- Click on “Open Quickly” against your selected savings account option.
- Then enter your mobile number and date of birth and verify using OTP.
- Enter your name, authenticate using Aadhaar card and other KYC documents.
- Enter your details in Aadhar Card like Email ID and Address.
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- The bank may ask for some additional details.
- Once the application is complete, authenticate using Video KYC.
- After completing all the information your account will be opened.
How to Open HDFC Bank Savings Account Offline
- Go to HDFC Bank branch and ask for account opening form.
- Fill the requested information in the form and attach the documents with the form.
- Submit demand draft or cheque or cash to deposit amount in bank account.
- After proper verification your bank account will be opened.
How to close a savings account
- To close your HDFC savings account, ensure that there is no pending amount for settlement with the bank or the negative account balance is zero.
- You need to download and fill the account closure form with all the required details.
- After that go to the nearest bank branch and submit the application form by attaching the form with the documents. Your account will be closed.
Frequently Asked Questions Related to Savings Account
What is the best HDFC Bank savings account interest rate?
Currently, for balance less than Rs 50 lakh, the HDFC savings account interest rate is 3% per annum and for balance of Rs 50 lakh and above the interest rate is 3.50% per annum.
Is Aadhaar required to open an account in HDFC Bank?
No. You do not need to show your Aadhaar card to open an account in HDFC Bank as per the latest standards. This is true for all banks in the country.
What should be the minimum balance in HDFC Bank?
The minimum opening amount required to open an HDFC Bank Regular Savings Account is Rs 7,500 at metro/urban branches, Rs 5,000 for semi-urban branches and Rs 2,500 for rural branches.