Established in August 1994 HDFC Bank is one of the leading banks in India with its head office in Mumbai. To date, the bank has over 7860 branches along with 20352 ATMs. The bank operates in every nook and corner of the country. The bank caters to retail, corporate, as well as agricultural sectors. The bank provides various products and services to its customers to make their banking experience delightful.
Different Types of Products and Services Provided by HDFC Bank
The different types of products and services provided by HDFC Bank are:
- HDFC Deposits
- HDFC Loans
- HDFC Cards
- Investment Options
- Insurance
- HDFC Bank Banking Services
HDFC Bank Deposit Accounts
HDFC Bank provinces various types of deposit accounts like:
Savings Accounts
The bank has exclusive savings accounts designed for women, senior citizens, youth, and elite customers. The details of HDFC Bank Savings Accounts are given below:
Type of Account | Primary Features |
Regular Savings Account | Resident individuals, HUFs, and foreign nationals residing in India can applySave more with Super Saver facilitiesLocker facility providedMillennia debit card is provided in urban and metro areas and MoneyBack debit card is provided in semi-urban and rural areasAMB: Rs. 2500 or FD of Rs. 10000 in rural branches, Rs. 5000 in semi-urban branches and RS. 10000 in metro branches25 cheque leaves free in a yearMonthly free cash transaction limit: Up to Rs. 2.00 lakhs for account holders and Rs. 25000 for third-party transactions Free HDFC Net Banking, mobile banking and e-statements.Free HDFC passbook provided |
Savings Max Account | Individuals, HUFs, and foreign nationals residing in India can applySelf-operated accounts for minors above 10 yearsAMB: Rs. 25000 or FD of Rs. 1.5 lakhs in Metro and Urban branches of Rs. 1.00 lakh in semi-urban and rural branchesAccidental hospitalisation covers up to Rs. 1.00 lacAccidental death insurance cover up to Rs. 10.00 lacsFree lifetime Platinum debit cardUnlimited free ATM transactions |
Women’s Savings Account | The first account holder should be a womanIndividuals and foreign nationals residing in India (women only) can applyAMB: Rs. 10000 in Urban and Metro branches, Rs. 5000 in semi-urban branches and Rs. 2500 in rural branchesAutomatic sweep-out facility availableAccidental hospitalisation cover up to Rs. 1.00 lacAccidental death insurance covers up to Rs. 10.00 lacsPayable at-par cheque book facilityFree HDFC passbook, HDFC net banking and mobile banking, and e-statementsDiscounted interest rates for retail loans  |
DigiSave Youth Account | Resident individuals aged between 18 years and 25 yearsMinimum initial deposit of Rs. 5000 for urban/metro branches and Rs. 2500 for semi-urban and rural branchesExclusive offers and discounts through online portalsMoney Back Debit card free for the first yearInsurance covers up to 1.14 croresRelaxations in Education loan |
Senior Citizens Account | All resident Indians in the age group of 60 years can applyA minimum balance of Rs. 5000 is requiredAccidental hospitalisation covers of Rs. 5000025 cheque leaves free in a yearFree travellers chequesFree SMS alertsDifferent variants of debit card issued4 free cash transactions per month |
Kids Advantage Account | Minor up to 18 years of ageThe account will be operated by parents/guardians having an account with HDFC BankCash transactions up to Rs. 2.00 lakhs free per monthHDFC Kids Advantage Debit Card issuedFree Education Insurance Cover of Rs.1.00 lac on the accidental death of parent/guardianMoney Maximiser sweep-out facility availableFree ATM International card issuedFree HDFC passbook |
Basic Savings Deposit Account | AMB: Not specifiedIndividuals and HUF as well as minors above 10 years can apply4 free withdrawals in a month by cash, NEFT/RTGS/IMPS/DD25 cheque leaves free per yearFree ATM RuPay Debit CardFree HDFC passbook and e-statements |
Other HDFC Savings Accounts
3-IN-1 Smart Invest | Speciale Gold and Speciale Platinum Account |
Speciale Senior Citizens Savings Account | Super Kids Savings Account |
Institutional Savings Account | Basic Savings Bank Deposit Account-Small Account |
Government Scheme Beneficiary Savings Account | NRE Women’s Account |
NRE Elite Savings Account | NRO Elite Account |
NRE/NRO Super Kids Savings Account | Savings Farmers Account |
Current Accounts
For efficient finance management of businesses, Corporates, Companies, etc. HDFC provides an array of current account variants. They are:
Type of Account | Primary Features | Common Features |
Advantage Current Account | AQB: Rs 5.00 lacs for urban and metro branches and Rs. 2.50 lacs for semi-urban and rural branchesCombined cash deposit facility anywhere in the country up to 12 times the AMB of the current month. Maximum: up to Rs. 75 croresUnlimited DD at bank locationbanking | Individuals, Sole Proprietorship and Partnership Firms, LLPs, HUFs, and Private and Public Limited Companies can open an accountFree 100 cheque leaves for every 1 lakh balanceFree NEFT/RTGS transactionFree business debit cardFree HDFC net banking/mobile banking |
Active Current Account | AQB: Rs. 10000Combined cash deposit facility anywhere in the country up to 12 times the AMB of the current month. Maximum: up to Rs. 50 crores30 DDs free for every 1 lac balance maintained at the bank location | |
Ascent Current Account | AQB: Rs. 50000 in urban and metro branches and Rs. 25000 in semi-urban and rural branchesCombined cash deposit facility anywhere in the country up to 12 times the AMB of the current month. Maximum: up to Rs. 50 crores50 DDs free for every 1 lac balance maintained at the bank location | |
Premium Current Account | AQB: Rs. 25000Cash transactions of up to Rs. 3.00 lacs free in any HDFC branches |
Other Current Accounts in HDFC Bank
Regular Current Account | Plus Current Account |
Premium Current Account | Vyapar Current Account |
Smart Ups for Startups | Saksham Current Account |
Business Solutions for E-Commerce Industry | Current Accounts for Professionals |
Agri Current Account | Institutional Current Account |
RFC Domestic Account | EEFC Current Account |
NRE Current Account | NRO Current Account |
HDFC Bank Cards
HDFC Bank provides both debit cards as well as credit cards.
The popular debit cards of the bank are:
- Millenia Debit Card
- MoneBack Debit Card
- Infiniti Debit Card
- Easyshop Imperia Platinum Chip Debit Card
- Vishesh Debit Card
- Times Points Debit Card
The popular credit cards of the bank are:
- Regalia Gold Credit Card
- Diners Club Privilege Credit Card
- Business Regalia Credit Card
- Business MoneyBack Credit Card
- PayTm HDFC Business Credit Card
- Corporate Platinum Credit Card
- Corporate Premium Credit Card
HDFC Bank Loans
There is a loan for every purpose in HDFC Bank. The loan options available in the bank are given below:
Type of Loan | Primary Features |
Personal Loan | Purpose: For any urgent financial requirement Eligibility: Individuals employed in Government organisations, Public or Private Ltd Companies, Corporates with a minimum salary of Rs. 25000/- can apply Amount: Depends on income and repayment capacity Tenure: 3 months to 72 months. Maximum: Rs, 40.00 lakhs |
Home Loan | Purpose: For the purchase of a flat/row house/ or a bungalow from private developers, Government Development Authorities like DDA, MHADA, etc or Co-operative Housing Societies Amount: 75% to 90% of the value of the project subject to repayment capacity. Tenure: Maximum 30 years |
Education Loan | Eligibility: Resident Indian between 16 years and 35 years. Students should have procured enrolment in recognised institutions inland or abroad. Purpose: For studies inland or abroad. Amount: Up to Rs. 150 lacs. Rs. 50 lacs provided without collateral security Tenure: 1-year moratorium after the completion of the course. Maximum 15 years for repayment |
HDFC Bank Express Car Loan | Purpose: For the purchase of a new car Eligibility: Individuals, Self-employed individuals and professionals can apply Amount: 100% on-road price of the car. Maximum: up to Rs. 10.00 crores Tenure: 12 months to 84 months |
Business loan | Purpose: To invest in business expansion or for working capital Eligibility: Businesses with a minimum turnover of Rs. 40.00 lakhs Amount: Rs. 50.00 lakhs and maximum Rs. 75 lakhs in select locations without collateral security. Tenure: 12 months to 48 months |
Other HDFC Bank Loans
Paperless Personal Loan | EV Car Loan |
EV Bike Loan | Two-Wheeler Loan |
Super Bike Loan | Doctor Loan |
Easy EMI Consumer Loan | Salary Plus Loan |
Rural Loans | Loan Against Credit Card |
Gold Loan | Loan Against Property |
Loan Against Securities | Loan Against Rent Receivables |
Loan for Professionals | Government Sponsored Schemes |
HDFC Bank Investment Options
The investment options of HDFC Bank are by way of Term Deposits for higher returns. The bank provides various flexible variants under term deposit:
Type of Deposit | Primary Features |
Regular Term Deposit | Tenure: 7 days to 10 years Higher interest rate on FD for Senior Citizens Can open the deposit online FD rate from 3% to 7.25% depending on the tenure |
HDFC Bank Health Care FD | Provides the benefits of a Fixed Deposit along with the safety of Hospitalisation Cover Minimum deposit: Rs. 5.00 lacs Maximum deposit: Rs. 1.90 crores Tenor: 1 year to 10 years FD rates similar to Regular TD rates |
Tax Saver Deposit Scheme | To claim a tax deduction benefit Maximum investment Rs. 1.50 lacs Tenor: 5 years |
Non-withdrawal deposit | Quarterly and monthly interest payout option No premature/partial withdrawal not permitted Minimum deposit: Rs.2.00 crores Tenor: 1 year to 10 years |
FCNR Deposits | Deposit can be maintained in accepted foreign currency (6 global currencies) Both principal and interest repatriable Tax exemption on the entire deposit Tenor: 1 year to 5 years |
HDFC Bank Banking Services
The bank provides various digital channels to avail several banking services as well as a variety of payment options as given below:
- Internet Banking and Mobile Banking: For online access to your account 24 x 7 to avail of several fund-based and non-fund-based transactions.
- FASTag: Buy and recharge FASTag online through the bank’s website
- SmartHub Portal: For hassle-free payment of education fees online
- SMS Banking: You can get your account balance as well as HDFC statement by sending an SMS to 7308080808
- Missed Call Service: Give a missed call to 1800-270-3333 and get your account balance/HDFC statement via SMS
HDFC Bank Customer Care
For general queries, you can contact HDFC Bank Customer Care in the following ways:
- Call the HDFC Bank Customer Care Number 1800 202 6161 or 1860 267 6161 anywhere in India
- For customers travelling abroad, the HDFC Bank Customer Care Number is +9122 61606160
- For customers of HDFC Imperia Account, customers having HDFC Diners Black Card or Infinia Credit Card have a dedicated HDFC Bank Customer Care Number i.e. +9122 61717606
HDFC Bank FAQ’s:-
Resident Individuals, HUFs, and foreign nationals residing in India can open a savings account with HDFC Bank.
Yes. The dedicated savings account for women is HDFC Women’s Savings Account.
Women are given concessions in several retail loan accounts. A special rate is applied for processing charges and interest for women borrowers in these accounts.
A higher rate at 0.75% over the regular FD rates with Senior Citizen Care FD offer for regular fixed deposits of senior citizens of less than 5 crores.
The maximum investment permitted in a Taxer Saver Deposit is Rs.1.50 lacs.