Question: Which Account Is Best In HDFC Bank?

Which account is best in HDFC?

Types of HDFC Bank Savings AccountsFamily Savings Group Account.Senior Citizens Account.DigiSave Youth Account.Kids Advantage Account.Government/Institutional Savings Account.Basic Savings Bank Deposit Account (BSBDA Account)Government Scheme Beneficiary Savings Account.BSBDA Small Account.More items….

How many types of accounts are there in HDFC Bank?

18 typesHDFC Bank offers 18 types of current accounts to serve the needs of different businesses. Current accounts largely deal with liquid deposits does not limit the number of transactions in a day and easily allows for the withdrawal of funds.

Which bank has lowest minimum balance?

List of All Banks Savings Account Interest Rates and Minimum Balance 2020List of Savings Account BanksMinimum Balance Required(INR)Andhra Bank0/5//100/1000Axis Bank0/10000/25000/100000Bank of Baroda0/5/1000Bank of India500/5000/10000/20000/10000033 more rows

Which bank is better HDFC or Icici?

ICICI Bank scored higher in 2 areas: Work-life balance and Culture & Values. HDFC Bank scored higher in 6 areas: Overall Rating, Career Opportunities, Compensation & Benefits, Senior Management, CEO Approval and Positive Business Outlook. Both tied in 1 area: % Recommend to a friend.

Which is better HDFC or Axis?

It also had a higher net interest margin (for the March 2012 quarter) of 4.2%, compared with 3.55% and 3.01% for Axis Bank and ICICI Bank, respectively. … Despite this, its Capital Adequacy Ratio (CAR) was a healthy 18.52%, compared to a measly 13.66% for Axis Bank and 16.5% for HDFC Bank.

Can I have 2 HDFC accounts?

You can add up to 5 Bank accounts at one time. Currently, these five Bank accounts have to be from HDFC Bank, Citibank, ICICI Bank, HSBC India, Standard Chartered Bank. You can add or delete accounts as and when you choose to.

What is HDFC classic account?

Benefits for Classic Customers: # Free Transaction turnover of Rs 2.5 Lakh in delivery segment valid for 6 months from account opening. … Classic customers will enjoy the benefit of issuing free DDs up to Rs 1,00,000 per day at HDFC Bank locations.

Which is best credit card of HDFC?

Best HDFC Credit Cards in India 2020JetPrivilege HDFC Diners Club: Unlimited lounge access.HDFC Bank Diners Club Miles Card: Up to 6 international airport lounge visits.HDFC Bank Regalia First Card: 8 domestic airport lounge visits, 8% rewards rate on domestic travel.

What are the benefits of HDFC preferred customer?

Personalised service. At HDFC bank it is our endeavour to nurture a truly personal relationship with you. Your Relationship Manager will cater to all your banking and financial services needs. … Relationship pricing. Up to 50% off on Processing fees for Loans for Preferred Banking customers*

Can I open HDFC account online?

Apply online. Yes, it is true, you can open a Savings Account All you really need is your mobile number, to initiate the process. In fact, the procedure does not vary much. You simply upload your form and documents online, instead of going to the bank yourself.

What is preferred banking in HDFC?

A preferred banking customer will have a few eligibility criteria to honor, which is generally linked to his bank amount balance. … Hold at least one Savings or Current account, sole or joint, with HDFC Bank.

Can I open zero balance account in HDFC Bank?

HDFC Bank zero balance savings account can be opened by any resident individual who is not having an existing relationship with the bank and do not have complete KYC. A zero balance basic savings account can be opened with HDFC Bank which will have certain transactional and operational limits.

What are 4 types of bank accounts?

And then from there, you can branch out into different types of bank accounts where your money can really start to add up.Checking Account. The most basic type of bank account is the checking account. … Savings Account. … Money Market Deposit Account. … Certificate of Deposit (CD) … 4 Most Common Types of Bank Accounts.

What is the minimum balance in HDFC Bank?

For regular savings accounts held in HDFC Bank’s metro and urban branches, the customer is required to maintain an average monthly balance of ₹ 10,000 to avoid penalty charges, according to the lender’s website – hdfcbank.com. In semi-urban branches, an average of ₹ 5,000 is required.

Which HDFC card give airport lounge access?

Best Credit Cards in India for Airport Lounge Access 2020Best Airport Lounge Credit CardsBest OverallJetPrivilege HDFC Diners ClubHigh SpendHDFC Diners Club BlackTravel PerksCiti PrestigeICICI Sapphiro Amex4 more rows•Feb 20, 2020

Is HDFC Bank Safe?

BS Banking Annual 2019: Indian banks safe, say SBI, HDFC Bank chiefs. The Indian banking system is safe and is focused to protect customers’ interests, according to the chiefs of the two largest banks in the country — State Bank of India (SBI) and HDFC Bank.

Can I open 2 bank accounts with the same bank?

You can open multiple savings accounts at the same bank or at several different banks. There are many reasons having multiple accounts can be useful, and it doesn’t impact your credit, so there’s little reason not to open extra savings accounts if you find it helpful to do so.

What is the fine for not maintaining minimum balance in HDFC?

Balance Non-Maintenance Charges*AMB Slabs (in Rs.)Metro & UrbanSemi Urban>=7,500 to < 10,000Rs. 150/-NA>=5,000 to < 7,500Rs. 300/-NA>=2,500 to < 5,000Rs. 450/-Rs. 150/-2 more rows

What is HDFC Imperia?

These Terms and Conditions (the “Terms”) apply to and regulate the operation of the three tiers of the Programmes namely Imperia / Preferred / Classic Banking Programme (the “Programme”) offered by HDFC Bank (the “Bank”) to eligible Savings/Current account holders (the “Account Holder(s)”).

What are the 3 types of savings accounts?

While there are several different types of savings accounts, the three most common are the deposit account, the money market account, and the certificate of deposit. Each one starts with the same basic premise: give your money to the bank and in return the money will earn interest.

What is HDFC Digisave youth account?

Youth Savings Account is a type of savings account crafted for today’s youth. This youth savings account offers various benefits on digital banking, cards, loans and offers on food, recharge, movies, travel, etc. The distinct features of the bank account make it a perfect savings account for today’s youth and students.