HDFC Bank
Content
HOUSING DEVELOPMENT FINANCE CORPORATION(HDFC BANK): The housing development finance corporation limited (HDFC) was amongst the first to receive an "in-principle" approval from the reserve bank of India (RBI) to set up a bank in the private sector, as part of RBI liberalization of Indian banking industry in 1994. The bank wasin corporate in Aug. 1994 in the name of HDFC Bank Ltd. With its registered office in Mumbai, India, HDFC Bank commenced operations as scheduled commercial bank in January 1995.
HDFC Bank is the fifth or sixth largest bank in India by assets and the second largest bank by market capitalization as of February 24, 2012. The bank was promoted by the Housing Development Finance Corporation, a premier housing finance company (set up in 1977) of India. HDFC Bank has 1,986 branches and over 5,471 ATMs, in 996 cities in India, and all branches of the bank are linked on an online real-time basis.
BOARD OF DIRECTOR Mr. Jagdish kapoor, (Chairman) Mr. Aditya Puri, (Managing Director) VICE PRESIDENT AND COMPANY SECRETARY Mr. Sanjany Dongre AUDITOR M/s P.C Hansotia & Co.Chartered Accountant REGISTERED OFFICE HDFC BANK HOUSE Senapati Bapat Mart,Lower Parel,M u m b a i 4 0 0 1 3 Tel. No. 66521000 F a x N o . 2 4 9 6 0 7 3 7 Website : www. hdfcbank.com
Some important awards that the Bank won:
Asia Money 2012 Finance Asia Asian Banker International Excellence in Retail Financial Services Awards 2012
- Best Domestic Bank in India - Best Managed Company - Best Retail Bank in India - Best Banc assurance
- Best Risk Management ICAI Awards 2011 Business world Best Bank award Financial Express Best Bank Survey 2010-11 CNBC TV18's Best Bank & Financial Institution Awards Dun & Bradstreet Banking Awards 2011 ISACA 2011 award for IT Governance IBA Productivity Excellence Awards 2011 DSCI (Data Security Council of India) Excellence Awards 2011 Euro money Awards for Excellence 2011 FINANCE ASIA Country Awards 2011: India Excellence in Financial Reporting Best Bank Best in Strength and Soundness - 2nd Best in the Private Sector Best Bank Best Private Sector Bank - SME Financing Best practices in IT Governance and IT Security New Channel Adopter (Private Sector) Security in Bank Best Bank in India - Best Bank - Best Cash Management Bank - Best Trade Finance Bank Strongest Bank in Asia Pacific Best Bank
Asian Banker Bloomberg UTV’s Financial Leadership Awards 2011
Awards for our MD, Mr. Aditya Puri:
Finance Asia CNBC TV18's Best Bank & Financial Institution Awards
Best CEO Outstanding Finance Professional
Business focus
HDFC Bank deals with three key business segments. - Wholesale Banking Services, Retail Banking Services, Treasury. It has entered the banking consortia of over 50 corporates for providingworking capital finance, trade services, corporate finance, and merchant banking. It is also providing sophisticated product structures in areas of foreign exchange and derivatives, money markets and debt trading And Equity research.
Distribution network: HDFC Bank is headquartered in Mumbai and as of March 31, 2012, the Bank’s distribution network was at 2,544 branches and 8,913 ATMs in 1,399 cities as against 1,986 branches and 5,471 ATMs in 996 cities as of March 31,2011.
The Housing Development Finance Corporation Limited (HDFC) was amongst the first to set up a bank in the private sector under the approval from RBI. The bank was incorporated in August 1994 in the name of 'HDFC Bank Limited’ with its registered office in Mumbai. HDFC Bank keeps the credit of the first bank in India to launch an International Debit Card in association with VISA (Visa Electron). As a fast growing bank it has a network of 2,544 Branches and 9,709 ATM's in India.
Moreover, HDFC Bank's ATM network can be accessed by all domestic and internationalV i s a / M a s t e r C a r d , V i s a E l e c t r o n / M a e s t r o , P l u s / C i r r u s a n d A m e r i c a n E x p r e s s Credit/Charge cardholders.
Personal loan:::
Overview
Whatever the occasion, HDFC Personal Loan can help. The procedure is simple, documentation is minimal and approval is quick.Borrow up to Rs 15, 00,000 for any purpose depending on your requirements with Flexible Repayment options.If you are an existing Bank Customer or an Auto Loan customer with a clear repayment of 12 months or more from any of HDFC approved financiers or HDFC bank, you can get a hassle free personal loan (without income documentation).
Loan Feature
Loan Amount Upto Rs 15,00,000/- depending on your income and repayment capacity.
Interest Rate
Salaried/Self Employed - 15.75% to 22.25%
Tenure
12 to 60 months.
Pre Payment Charges
Upto 4% of the Principal Outstanding.
Service Charges
Loan Processing Charges are upto 2%
Eligibility Criteria : Personal Loan
Salaried
Self
Age
21-60 Years
Self Employed (Individuals):21-65 Years; Self employed (Professionals):25-65 Years
Income
Minimum Net Monthly Income: At least Rs. 10,000/- per month net income (Rs. 15,000/- in Mumbai, Delhi, Bangalore, Chennai and Hyderabad, Rs. 12,000 in Calcutta, Ahmedabad and Cochin)
Self employed (Professionals):Minimum Annual Income-Rs. 100000 ;Self Employed (Individuals):Minimum Annual Income-Rs. 100000
Job Experience
Minimum 2 years in employment and minimum 1 year in the current organization
Self employed (Professionals):4 to 7 years depending on profession;Self Employed (Individuals):3 years in current organisation, with 5
years of total experience
Residence Proof Information Not Available
Information Not Available
Docs Required : Personal Loan
Salaried
Self
ID Proof
Passport Copy/ Voters ID card/ Driving Licence
Passport Copy/ Voters ID card/ Driving Licence
Address Proof
Copy of ration card/telephone or electricity bill/rental agreement/passport
Ration card/telephone or electricity bill/rental agreement/passport copy/trade license/sales tax certificate/Establishment/ Sales Tax certificate
DOB Proof
Not Required
Not Required
Other Charges : Personal Loan
Description of Charges Personal Loan Up to 2.50% of the loan amount subject to a minimum of Rs. 1000 Salaried:No pre-payment permitted until repayment of 12 Prepayment EMIs Self Employed:No pre-payment permitted until repayment of 6 EMIs Charges for late payment of EMI @ 24 % p.a on amount outstanding from date of default
Loan Processing Charges
Charges for changing from fixed to floating rate of interest Not applicable Stamp Duty & other statutory charges Cheque swapping charges Cheque Bounce Charges As per applicable laws of the state Rs 500/- per event Rs 450/- per cheque bounce
Statement Charges (per statement)/ Repayment Schedule Rs 500/-
Legal / incidental charges
At actual
Gold loan: Features:
Instant loans available on the gold jewellery you own Repayments only by servicing regular interest on the loan. No EMIs! Assured security of your gold jewellery.
Docs required:
Here is a list of documents you will need to submit:
Your Identity Proof (Passport Copy/ Voters ID card/ Driving License). An address proof document (Ration card/ Telephone Bill/ Electricity Bill/ Rental Agreement/ Passport copy/Trade license /Shop & Est License / Sales Tax certificate). Signature Proof (Passport Copy/Driving License/Banker's verification/cheque) 2 passport size photographs.
Other charges:
Fees
Amount to be paid
Loan Processing Charges
Upto 1.5% of loan amount
Valuation Fee
Upto Rs. 350
Charges for late payment of loan amount
2% p.a. as penal interest over and above applicable rate of interest.
Stamp Duty & other statutory charges
Nil
Cheque swapping charges
Not Applicable
Bounce Cheque Charges
Not Applicable
Statement Charges (per statement)
Not Applicable
Home loan:
Overview
HDFC Bank brings, HDFC home loans to your doorstep. Over 3 decades of exclusive experience, a dedicated team of experts and a complete package to meet all your housing finance needs, HDFC Home Loans, help you realize your dream.
Loan Feature
Loan Amount Up to 80% of the cost of the property
Interest Rate
Information not available
Tenure
Upto 15 years
Pre Payment Charges
Up to 1.5% of original loan
Service Charges Information not available
Eligibility Criteria : Home Loan
Salaried
Self
Age
21-60 years
25-65 years
Income
Information not available
Information not available
Job Experience
Information not available
Information not available
Residence Proof
Valid Residence proof
Valid Residence proof
Docs Required : Home Loan
Salaried
Self
ID Proof
PAN card/Voters ID/ Passport/Driving License/Other Valid ID
PAN card/Voters ID/ Passport/Driving License/Other Valid ID
Address Proof
Recent telephone bill/electricity bill/property tax receipt/passport/voters ID/Driving Licence
Recent telephone bill/electricity bill/property tax receipt/passport/voters ID/Driving Licence
DOB Proof
10th class certificate/certificate of birth
10th class certificate/certificate of birth
Other Charges : Home Loan
Charges for late payment of EMI : 2% per month Cheque swapping charges : Rs.500/Bounce Cheque Charges : Rs.500/Duplicate Statement Charges (per statement) : Rs.100/- per page, Maximum Rs300/-
Education loan:
Overview
With HDFC bank student education loans, pursue your dream higher studies without worrying for financial assistance. HDFC provides student education loans for all Graduate, Post-Graduate, Engineering, Medical, MBA , Vocational Courses (Multi-Media, ERP) offered by recognized institutions in India and abroad.
Loan Feature
Loan Amount Loans upto Rs.15 Lakhs for Education in India and upto Rs.20 Lakhs for Education abroad
Interest Rate
Information not available
Tenure
Repayment to start 1 year after course completion / 6 months after obtaining employment (whichever is earlier). Loan available upto tenure of 7 years including moratorium period
Pre Payment Charges
Upto 4% of the Principal Outstanding after 6 months of repayment
Service Charges
Processing Fee: Upto a maximum 2% of the loan amount
Eligibility Criteria : Education Loan
Salaried
Self
Age
16 - 35 yrs
16 - 35 yrs
Income
Income Criteria Not Available
Income Criteria Not Available
Job Experience
Information not available
Information not available
Residence Proof
Valid Residence proof
Valid Residence proof
Docs Required : Education Loan
Salaried
Self
ID Proof
Co-Applicants Passport Copy/ Voters ID card/ Driving Licence/Copy of PAN Card/Other valid ID
Co-Applicants Passport Copy/ Voters ID card/ Driving Licence/Copy of PAN Card/Other valid ID
Address Proof
Passport/Voters ID/Driving License/Latest Electricity bill/Latest Landline Telephone Bill/Any other Valid Address proof
Passport/Voters ID/Driving License/Latest Electricity bill/Latest Landline Telephone Bill/Any other Valid Address proof
DOB Proof
Birth Certificate
Birth Certificate
Other Charges : Education Loan
� Description of Charges�
Amount of Charges
@ 24 % p.a. on amount outstanding from date of default Upto Rs. 500/- per event Upto Rs. 1000/Upto Rs. 450/- per Bouncing
As per applicable laws of the state
Charges for late payment of EMI Cheque swapping charges Loan cancellation / re-booking charges / Re-scheduling Bounce Cheque Charges
Stamp Duty and other atatutory charges
Legal / incidental charges
At actual
Car loan:
Overview
Just decide on the make & model, and the HDFC New Car Loan will bring it to your driveway in no time.Covers the widest range of cars and multi-utility vehicles in India.If you have had a Preferred Account or a Corporate Salary Account with HDFC Bank for more than six months, you can get fast approvals on your loans with minimal documentation and better Interest Rates
Loan Feature
Loan Amount Borrow up to 3 - 6 times your annual income. Avail up to 100% finance on your favorite car**
Interest Rate
Information not available
Tenure
12 to 60 Months
Pre Payment Charges
3% to 6% after six months of availing the loan
Processing Fee: Up to 2.5 Lakhs : Rs.2625/Over Rs. 2.5 Lakhs up to 4 Lakhs : Rs.3650/Service Charges Over Rs. 4 Lakhs to 5 Lakhs : Rs.4100/Over Rs. 5 Lakhs up to 10 Lakhs : Rs.4450/Over 10 Lakhs : Rs.4950/-
Eligibility Criteria : Car Loan
Salaried
Self
Age
21-65 Years
21-65 Years
Income
Minimum Rs. 100000 p.a including the income of spouse
Net profit Rs. 60000 p.a for standard cars and Rs.100000 p.a. for mid-sized and premium cars
Job Experience
1 year in current employment and minimum 2 years of employment Atleast 3 years in business
Residence Proof
Telephone: Must at residence
Telephone: Must at residence ; Private & Public Limited Company:Telephone-One phone at least at business
Docs Required : Car Loan
Salaried
Self
ID Proof
Passport copy, PAN Card, Voters Id car, driving licence( Laminated, Recent, Legible)
Passport copy, PAN Card, Voters Id car, driving licence( Laminated, Recent, Legible)
Address Proof
Ration card/Driving licence/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy PAN Card.
Self Employed:Ration card/Driving licence/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy PAN Card;Partnership Firms & Private Limited Company : Telephone Bill/Electri
DOB Proof
Birth Certificate or 10th Class Passing Certificate
Birth Certificate or 10th Class Passing Certificate
Other Charges : Car Loan
Description of Charges Stamp Duty Late Payment Penalty
Cheque swapping charges Loan cancellation / re-booking charges Legal, Repossession & Incidental charges
New Car Loans At actuals 2% per month
Rs 500/Rs 1000/At actuals
Loan against property:
Overview
Would like to leverage your property without giving it on rent or selling it? HDFC Bank brings to you Loan Against Property (LAP). You can now take a loan against your residential or commercial property, to expand your business, plan a dream wedding, fund your child's education and much more.
Loan Feature
Loan Amount 4% of the outstanding principal
Interest Rate
N.A.
Tenure
Upto 50% of value of the property
Pre Payment Charges
4% of the outstanding principal
Service Charges
Loan Processing Charges: 2% of the loan amount Pre-payment charges: 4% of the outstanding principal (pre-payment is allowed only after 6 months) Charges for late payment of EMI: 2 % per month on overdue EMI amount Charges for changing from fixed to floating rate of interest: 0.25% of the loan amount
Eligibility Criteria : Loan Against Property
Salaried
Self
Age
Age criteria not provided
Age criteria not provided
Income
Income criteria not provided
Income criteria not provided
Job Experience
Job experience not provided
Job experience not provided
Residence Proof
Residence proof not provided
Residence proof not provided
Docs Required : Loan Against Property
Salaried
Self
ID Proof
PAN card/voters ID/ passport/driving license
PAN card/voters ID/ passport/driving license
Address Proof
Recent telephone bill/electricity bill/property tax receipt/passport/voters ID
Recent telephone bill/electricity bill/property tax receipt/passport/voters ID
DOB Proof
10th class certificate
10th class certificate
Business loan:
Overview
We provide business loan for short or long term financial needs of business organizations. A lot of times it is important for businessmen to acquire a certain amount of money for running their enterprise. It is well known that without the required capital no business can run. For any business whether in initial stage or in growth phase, capital is required to keep up the momentum.
Loan Feature
Loan Amount Minimum Rs 5 Lac
Interest Rate
N.A.
Tenure
Not mentioned
Pre Payment Charges
Not mentioned
Service Charges
Service charges not provided
Eligibility Criteria : Business Loan
Self
Age
Age criteria not provided
Income
Income criteria not provided
Job Experience
Job experience not provided
Residence Proof
Residence proof not provided
Docs Required : Business Loan
Self
ID Proof
Passport, driving license
Address Proof
Electricity bill, phone bill
DOB Proof
10th class certificate
Accounts and deposits:::::: Savings account: Features:
Wide network of branches and over 7300 ATMs to meet all your banking needs, no matter where you are located. Bank conveniently with facilities like NetBanking and MobileBanking – check your account balance, pay utility bills or stop cheque payments all via SMS. Never overspend – shop using your International Debit Card that reflects the actual balance in your savings account. Personalised cheques with your name printed on each cheque leaf for enhanced security. Take advantage of BillPay – an instant solution so you can pay all your frequent utility bill payments. Instruct for payments over the phone or through the Internet. Avail of facilities like Safe Deposit Lockers, Sweep-In and Super Saver facilities on your account. Free cash withdrawals at any other Bank's ATMs* Free Payable-at-Par chequebook, without any usage charges. Free InstaAlerts for all account holders for lifetime of the account. Free passbook facility available at home branch for account holders (individuals). Free Email Statement facility.
Eligibility criteria:
A Regular Savings Account is for anyone who is a:
A resident individual (sole or joint account) A Hindu undivided family A foreign national
If you are a foreign national, you have to be residing in India for a period greater than 180 days and you have to provide us with:
A valid passport A valid Visa FRRO (Foreign Regional Registration Office) Certificate Residential permit
Minimum Balance Requirement
A minimum deposit of Rs. 10,000 (metro/urban branches), Rs. 5000 (semi-urban/rural branches) is required to open an account and thereafter an average monthly balance of the same amount has to be maintained.
Please note: It is mandatory to maintain a minimum average monthly balance (AMB) of Rs. 10,000 (metro/urban branches), Rs. 5000 (semi-urban/rural branches). If the balance is not maintained, the following service charges will be levied: For urban/metro branches: If AMB in the account is between Rs 5,000 to Rs 10,000, a charge of Rs 250/- per month would be levied. If AMB is less than Rs 5,000, a charge of Rs 350/- per month would be levied. Semi urban/rural: If AMB in the account is between Rs 2,500 to Rs 5,000, a charge of Rs 250/- per month would be levied. If AMB is less than Rs 2,500, a charge of Rs 350/- per month would be levied.
Fees and charges applicable:
Description of Charges Minimum Balance - Average Monthly Balance (AMB) Cheque book
Regular Savings Account Rs. 10,000 (Metro / Urban branches), Rs. 5, 000 (Semi-Urban / Rural branches) Free - 25 cheque leaves per calendar quarter Additional chequebook of 25 leaves will be charged @ Rs 50/per chequebook Rs. 5 per leaf on non-maintenance of min. balance Monthly statements to be collected from branch. Quarterly statements sent by post Upto 14 days - Nil 15 days upto 12 months - Rs 500/Beyond 12 months - Nil
Account statements - Free Account closure
Salary account: Features:
Zero Balance Savings Account Free payable at par cheque book @ 25 cheque leaves per quarter 5 Free transactions per month at Non- HDFC Bank ATMs in India Free for life International Debit Card for the primary applicant with ATM cash withdrawal limit of Rs 25,000 per day and POS usage limit of Rs.40,000 per day. Add-on International debit card for secondary holder (Free for the first year) Free Personal Accidental Death Cover of Rs. 1 lakh* Anywhere Banking across our extensive Branch and ATM network Free Quarterly Account Statements Free Monthly Account statements by e-mail (Optional) Free Passbook facility available at home branch for account holders Free DDs /MCs up to Rs. 25,000 per instrument payable at HDFC Bank branch locations Free mobile and e-mail alerts (InstaAlerts Facility) Free Utility payment facility (BillPay) Free Phonebanking, MobileBanking and NetBanking Electronic Funds Transfer options (NEFT / RTGS)
Fees and charges applicable:
Description of Charges
Regular Salary Account
Minimum Balance (Average Monthly Balance)
NIL
Account Statements - Free
Monthly statements to be Collected from branch.
Quarterly statements sent by post
Account Closure
Upto 14 days - No Charge 15 days upto 12 months - Rs 500/Beyond 12 months - No Charge
ATM Card
Free
Mobilebanking
Free
Netbanking
Free
Current account: Features:
Get convenient inter-city banking and free cheque payments anywhere. Free Collections of funds through RTGS and NEFT Free Payments through NEFT. Nominal charges for RTGS payments Transfer funds across cities between HDFC Bank accounts at a nominal charge of Rs.15 per transactions Get a payable-at-par cheque book at a nominal price. Enjoy Doorstep Banking* for your convenience and security. Cash and cheque pick-ups and cash deliveries can be arranged from your doorstep, through a reputed agency. Get 24-hour PhoneBanking, NetBanking and MobileBanking to check your account balance and transaction details, find out the status of your cheques or stop cheque payments.
Eligibility criteria:
You are eligible to operate a Regular Current account if you fall under any of the following categories:
Resident Individual Hindu Undivided Family Sole Proprietorship Partnership Limited company Trust Association/Club/ Society Foreign Institutional Investor Foreign national residing in India Limited Liability Partnership
Fees and charges applicable:
Description of Charges
Regular Current Account
Current Accounts with Cheque facility
Minimum Balance (Average Quarterly Balance)
Rs. 10,000/-
Mode of calculation of minimum average quarterly balance
Average of daily closing balances of each day spread over a period of three months.
Cheque Book Charges (Issued by Bank)
Payable-at-par
Charges Rs 2/- per leaf
Account Statement
Free (Monthly)+
Local Transactions (At home branch location)
Local cheques collections & payments
Free
Account to Account Fund Transfer within HDFC Bank
Free
Cash Deposit
Cash Deposit-Home Branch Location
Free upto Rs.2 lacs per month or 25 transactions, whichever is lower. Deposit in excess of Rs.2 lacs or 25 transactions will be charged @ Rs.3 per 1000, minimum Rs.50
Cash Deposit -Non Home location
Cash Deposit - Non-Home Location - Maximum Rs.10,000 per day. Charges @ Rs. 3.5 per 1000, min Rs.50 per transaction
Cash Withdrawal
Cash Withdrawal-Home Branch
Free at Home Branch
Cash Withdrawal-Non Home Branch-Intercity & Intracity
Cash Withdrawal charges @ Rs.2/1000, min Rs.50 per transaction.Third party cash withdrawal allowed only up to maximum Rs. 50,000 per transaction.
Deposits: Fixed deposits: Features:
Easy investments with high returns Flexibility and security in one offering Higher rate of interest on Fixed Deposits for Senior Citizens
Eligibility criteria:
Below are the individuals and groups eligible for a Regular Fixed Deposit:
Residents Hindu undivided families Sole proprietorship firms Partnership firms Limited companies Trust accounts
A few things to note:
An initial deposit of Rs. 5,000/- is required to open a Fixed Deposit.Effective 01st April 2010, PAN is mandatory to book Fixed Deposits if the total Fixed Deposit holding per customer id per branch exceeds 50,000/-
Recurring deposits: Features:
An investment as small as Rs 500 (and in multiples of Rs 100 there after) or as large as Rs 14,99,900/- per month A minimum tenure of 6 months (and in multiples of 3 months thereafter) up to a maximum tenure of 10 years. For a much smaller investment per month, get interest rates equal to that of regular Fixed Deposits. TDS is not applicable on the Interest earned by Recurring Deposits as per current income tax rules. Grace Days Facility is 5 days. If the installment is paid within 5 days of the installment due date, the customer will not be charged any penalty.
Eligibility criteria:
Resident individuals Hindu Undivided Families
Demat account: Features:
No Account Opening charges 1st year waiver on Annual Folio Maintenance Charges Transaction linked Annual Folio Maintenance charge from 2nd year onwards (More you transact, Lesser you pay) No stamp duty on transfer of securities held in Demat form Auto credit of rights / bonus / public issue / dividend through ECS Holding / Transaction details through HDFC Bank Net Banking Pledging of securities
Safe deposit locker: Features:
Wide availability of locker locations and sizes Access to safe-deposit lockers at all branches, no matter where your account is held. Lockers are rented for one year, and rent is payable in advance.
Eligibility criteria:
Lockers can be hired by individuals, limited companies, associations and trusts To use a locker, you should hold a Savings or Current account with HDFC Bank
Nomination facility:
Nomination on safe-deposit lockers enables HDFC Bank to release the contents to the nominee of the hirer, in the event of the death of the hirer. If a locker is held jointly, and one of the hirers dies, the contents can only be removed jointly by the nominee(s) and the survivors The nomination facility is available to both single and joint hirers For sole hirers, the nomination can be made in favour of just one individual Unpaid locker rentals are recovered from the nominee If a locker is hired for a minor, the nomination will be made by someone lawfully entitled to act on behalf of the minor
Fees and charges applicable:
Locker rates vary for different branches in various sizes, hence customers are requested to get in touch with respective branch. Terms and conditions:
Lockers can be allotted individually as well as jointly. The Locker holder is permitted to add or delete names from the list of persons who can operate the Locker or have access to it locker. Loss of key is to be immediately informed to the base branch
Surrendering lockers:
Lockers are to be surrendered only basis a written request from the Customer (in person) duly signed by all Locker holders. Any exceptions will be handled on a case-to-case basis.
Contents of the letter should clearly state that the locker has been vacated & all the belongings have been removed. If the locker is surrendered in the middle of the financial year, rent collected for the remaining months will NOT be refunded to the customer.
CARDS: Credit cards: 1. featured cards: a. regalia cards
b. jet privilege HDFC bank world
c. platinum edge
d. platinum plus credit card
2. super premium: a. infinia
3. professional: a. doctors superia
b. doctors platinum
c. teachers platinum
4. premium travel: a. titanium edge
5. premium women: a. solitaire premium credit card
b. solitaire credit card
6. premium: a. world masterCard credit card
b. visa signature credit card
7. regular: a. platinum plus credit card
b. titanium credit card
c: womans gold credit card
d: gold credit card
8. commercial: a. business platinum credit card
b. corporate platinum credit card
c. corporate world master credit card
d: corporate visa signature credit card
debit cards: 1. easy shop imperia platinum chip debit card
2.
EasyShop Platinum Debit Card
3.
EasyShop Titanium Royale Debit Card
4.
EasyShop Gold Debit Card
5. EasyShop Titanium Debit Card
6. EasyShop International Debit Card
7. EasyShop International Business Debit Card
8. EasyShop Womans Advantage Debit Card
9. EasyShop NRO Debit Card
Prepaid cards 1. ForexPlus Card 2. ForexPlus Chip Card 3. ForexPlus Platinum Card 4. GiftPlus Card 5. Mudra Gift Plus Card 6. FoodPlus Card 7. MoneyPlus Card
Insurance: Life insurance:
HDFC Life Click 2 Protect Plan
Secure your family’s future in quick, easy steps Get a life cover online upto 10 crore at nominal cost Enjoy tax benefits on premium upto 1 lakh
HDFC SL YoungStar Super Premium
Save for your child's future in advance Chose from two great insurance cover options Create a customized plan depending on your child's needs
HDFC Loan Cover Term Assurance Plan
Choice of taking the plan on a single life basis or a joint life (first claim) basis Flexibility to choose the life cover to be paid to your family in case of your unfortunate demise
HDFC Term Assurance Plan
High cover at a very nominal cost Optional benefits to cover other eventualities Choice of premium payment options: regular premium or single one-time premium
HDFC Life Sampoorn Samridhi Insurance Plan
Enhanced Cash and Cover option on maturity Lump sum payment to your family in case of your unfortunate demise
HDFC Savings Assurance Plan
No underwriting or extensive documentation required Tax benefits under Section 80C and 10(10D)* of Income Tax Act 1961
HDFC Single Premium Whole of Life Insurance Plan
Whole of life plan aimed at providing long-term real growth of your money Convenience with no need to undergo any medical tests Single premium investment plan
HDFC SL ClassicAssure Insurance Plan
Pay your premiums only for 7 years Choose your Sum Assured as per your need
Health insurance:
Health Suraksha
Great way to optimally cover your family for healthcare expenses at an affordable rate Get cashless claims service at more than 3500 network hospitals
Critical Illness - Silver Plan
A cover for 7 major critical illnesses provided under this policy Receive your lump sum payment after the very first diagnosis of your critical illness Avail requisite funds for treatment costs and associated expenses for critical illness for self or any family member
Critical Illness - Platinum Plan
A cover for 15 major critical illnesses provided under this policy Avail requisite funds for treatment costs and associated expenses for critical illness for self or any family member Receive your lump sum payment after the very first diagnosis of your critical illness
HDFC Critical Care Plan
Choose the Sum Assured rending from Rs. 2 lakh to Rs. 20 lakh according to your needs Tax benefits are available under section 80D under Income Tax Act, 1961
Personal Accident Insurance Plan A
Get Protection against hospital expenses, injuries, disability and death. Accident cover for yourself and your family under one insurance policy Get a comprehensive accident insurance for a sum Insured of Rs. 15 – 75 lakh
Personal Accident Insurance Plan B
Range of Sum Insured available from Rs.2.5 lakh to Rs.15 lakh Extend the cover to your entire family including dependent parents and dependent children in a single policy The individual stands protected for sickness in India and personal accident cover worldwide.
Motor insurance:
Commercial Vehicle Insurance
Ensure smooth business operations by covering risk arising out of Accidental Loss or damage to your vehicle, third party liability and injury or death involving your commercial vehicle Make use of over 1600+ authorized networks of garages across India for cashless claims with this policy Emergency assistance services such as towing, ambulance, claims assistance, are also provided
Private Car Insurance
Avail of HDFC ERGO's Private Cars Insurance at over 1600+ authorized network of garages across India Get discounts based on age, professions and membership of the Automobile Association Get complete coverage of liability towards third parties along with owner-driver accident cover.
Travel insurance:
Features
Protect your travels against any loss, delay or damage. Instant Online Policy Issuance Choose from a range of policies for individuals ranging in the age group of 6 months to 70 years.
Benefits
Get cashless hospitalisation No medical / health check-up Emergency assistance will be available to you on call 24x7 if you need to make international travel claims.
Home insurance: Features:
Complete Protection: Avail of protection for both your home and its contents Optional cover: Along with extensive coverage, a low cost optional cover for burglary, including theft and larceny is also offered. Premium discounts: You can avail of a premium discount 15% for security features at your home Minimum Documentations: Minimum & uncomplicated documentation required for this policy.
Premium banking: Imperia banking:
Benefits
Personalised attention from dedicated Relationship Manager Investment Services to help you make the right choice for your assets Relationship Pricing across products like loans, foreign remittances and so on
Eligibility criteria:
Membership to the HDFC Bank Imperia Programme is by invitation only. To be eligible for the exclusive benefits you need to: Maintain a minimum Average Monthly Balance of Rs.30 Lakhs across all your Savings and Fixed Deposit* accounts. OR Maintain an Average Quarterly Balance of Rs.10 Lakhs in your Savings account. OR Maintain an Average Quarterly Balance of Rs.15 Lakhs in your Current account
Preferred banking:
Features and Benefits
Dedicated Relationship Manager Customised Investment Solutions Relationship Pricing Business Solutions
Eligibility criteria:
You are eligible for the HDFC Bank Preferred Programme ** if you:
Hold at least one Savings or Current account, sole or joint, with HDFC Bank. Maintain a minimum Average Monthly balance of Rs. 15 Lakhs across all your accounts (Savings, Current and Fixed Deposits*) OR Maintain an Average Quarterly Balance of Rs. 2 Lakhs in your Savings account. OR Maintain an Average Quarterly Balance of Rs. 5 Lakhs in your Current account. The requisite balance can be maintained over your accounts and over those of your immediate family members.
Classic banking:
Features and Benefits
Dedicated Personal Banker Relationship Preferential pricing. Exclusive privileges
Eligibility criteria:
You can avail of these privileges as an HDFC Bank Classic customer if you maintain an account with us in your individual capacity and meet the following criteria:
A minimum Average Quarterly Balance of Rs.1 Lakh in a Savings Bank account (this can be maintained across Savings Bank accounts held by you and your immediate family (i.e. spouse/ parents/ children) OR A minimum Average Monthly Balance of Rs. 5 Lakhs in a combination of Savings Bank accounts and Term Deposits (this can be maintained across accounts held by you and your immediate family (i.e. spouse/ parents/ children).
HDFC Bank is the fifth or sixth largest bank in India by assets and the second largest bank by market capitalization as of February 24, 2012. The bank was promoted by the Housing Development Finance Corporation, a premier housing finance company (set up in 1977) of India. HDFC Bank has 1,986 branches and over 5,471 ATMs, in 996 cities in India, and all branches of the bank are linked on an online real-time basis.
BOARD OF DIRECTOR Mr. Jagdish kapoor, (Chairman) Mr. Aditya Puri, (Managing Director) VICE PRESIDENT AND COMPANY SECRETARY Mr. Sanjany Dongre AUDITOR M/s P.C Hansotia & Co.Chartered Accountant REGISTERED OFFICE HDFC BANK HOUSE Senapati Bapat Mart,Lower Parel,M u m b a i 4 0 0 1 3 Tel. No. 66521000 F a x N o . 2 4 9 6 0 7 3 7 Website : www. hdfcbank.com
Some important awards that the Bank won:
Asia Money 2012 Finance Asia Asian Banker International Excellence in Retail Financial Services Awards 2012
- Best Domestic Bank in India - Best Managed Company - Best Retail Bank in India - Best Banc assurance
- Best Risk Management ICAI Awards 2011 Business world Best Bank award Financial Express Best Bank Survey 2010-11 CNBC TV18's Best Bank & Financial Institution Awards Dun & Bradstreet Banking Awards 2011 ISACA 2011 award for IT Governance IBA Productivity Excellence Awards 2011 DSCI (Data Security Council of India) Excellence Awards 2011 Euro money Awards for Excellence 2011 FINANCE ASIA Country Awards 2011: India Excellence in Financial Reporting Best Bank Best in Strength and Soundness - 2nd Best in the Private Sector Best Bank Best Private Sector Bank - SME Financing Best practices in IT Governance and IT Security New Channel Adopter (Private Sector) Security in Bank Best Bank in India - Best Bank - Best Cash Management Bank - Best Trade Finance Bank Strongest Bank in Asia Pacific Best Bank
Asian Banker Bloomberg UTV’s Financial Leadership Awards 2011
Awards for our MD, Mr. Aditya Puri:
Finance Asia CNBC TV18's Best Bank & Financial Institution Awards
Best CEO Outstanding Finance Professional
Business focus
HDFC Bank deals with three key business segments. - Wholesale Banking Services, Retail Banking Services, Treasury. It has entered the banking consortia of over 50 corporates for providingworking capital finance, trade services, corporate finance, and merchant banking. It is also providing sophisticated product structures in areas of foreign exchange and derivatives, money markets and debt trading And Equity research.
Distribution network: HDFC Bank is headquartered in Mumbai and as of March 31, 2012, the Bank’s distribution network was at 2,544 branches and 8,913 ATMs in 1,399 cities as against 1,986 branches and 5,471 ATMs in 996 cities as of March 31,2011.
The Housing Development Finance Corporation Limited (HDFC) was amongst the first to set up a bank in the private sector under the approval from RBI. The bank was incorporated in August 1994 in the name of 'HDFC Bank Limited’ with its registered office in Mumbai. HDFC Bank keeps the credit of the first bank in India to launch an International Debit Card in association with VISA (Visa Electron). As a fast growing bank it has a network of 2,544 Branches and 9,709 ATM's in India.
Moreover, HDFC Bank's ATM network can be accessed by all domestic and internationalV i s a / M a s t e r C a r d , V i s a E l e c t r o n / M a e s t r o , P l u s / C i r r u s a n d A m e r i c a n E x p r e s s Credit/Charge cardholders.
Personal loan:::
Overview
Whatever the occasion, HDFC Personal Loan can help. The procedure is simple, documentation is minimal and approval is quick.Borrow up to Rs 15, 00,000 for any purpose depending on your requirements with Flexible Repayment options.If you are an existing Bank Customer or an Auto Loan customer with a clear repayment of 12 months or more from any of HDFC approved financiers or HDFC bank, you can get a hassle free personal loan (without income documentation).
Loan Feature
Loan Amount Upto Rs 15,00,000/- depending on your income and repayment capacity.
Interest Rate
Salaried/Self Employed - 15.75% to 22.25%
Tenure
12 to 60 months.
Pre Payment Charges
Upto 4% of the Principal Outstanding.
Service Charges
Loan Processing Charges are upto 2%
Eligibility Criteria : Personal Loan
Salaried
Self
Age
21-60 Years
Self Employed (Individuals):21-65 Years; Self employed (Professionals):25-65 Years
Income
Minimum Net Monthly Income: At least Rs. 10,000/- per month net income (Rs. 15,000/- in Mumbai, Delhi, Bangalore, Chennai and Hyderabad, Rs. 12,000 in Calcutta, Ahmedabad and Cochin)
Self employed (Professionals):Minimum Annual Income-Rs. 100000 ;Self Employed (Individuals):Minimum Annual Income-Rs. 100000
Job Experience
Minimum 2 years in employment and minimum 1 year in the current organization
Self employed (Professionals):4 to 7 years depending on profession;Self Employed (Individuals):3 years in current organisation, with 5
years of total experience
Residence Proof Information Not Available
Information Not Available
Docs Required : Personal Loan
Salaried
Self
ID Proof
Passport Copy/ Voters ID card/ Driving Licence
Passport Copy/ Voters ID card/ Driving Licence
Address Proof
Copy of ration card/telephone or electricity bill/rental agreement/passport
Ration card/telephone or electricity bill/rental agreement/passport copy/trade license/sales tax certificate/Establishment/ Sales Tax certificate
DOB Proof
Not Required
Not Required
Other Charges : Personal Loan
Description of Charges Personal Loan Up to 2.50% of the loan amount subject to a minimum of Rs. 1000 Salaried:No pre-payment permitted until repayment of 12 Prepayment EMIs Self Employed:No pre-payment permitted until repayment of 6 EMIs Charges for late payment of EMI @ 24 % p.a on amount outstanding from date of default
Loan Processing Charges
Charges for changing from fixed to floating rate of interest Not applicable Stamp Duty & other statutory charges Cheque swapping charges Cheque Bounce Charges As per applicable laws of the state Rs 500/- per event Rs 450/- per cheque bounce
Statement Charges (per statement)/ Repayment Schedule Rs 500/-
Legal / incidental charges
At actual
Gold loan: Features:
Instant loans available on the gold jewellery you own Repayments only by servicing regular interest on the loan. No EMIs! Assured security of your gold jewellery.
Docs required:
Here is a list of documents you will need to submit:
Your Identity Proof (Passport Copy/ Voters ID card/ Driving License). An address proof document (Ration card/ Telephone Bill/ Electricity Bill/ Rental Agreement/ Passport copy/Trade license /Shop & Est License / Sales Tax certificate). Signature Proof (Passport Copy/Driving License/Banker's verification/cheque) 2 passport size photographs.
Other charges:
Fees
Amount to be paid
Loan Processing Charges
Upto 1.5% of loan amount
Valuation Fee
Upto Rs. 350
Charges for late payment of loan amount
2% p.a. as penal interest over and above applicable rate of interest.
Stamp Duty & other statutory charges
Nil
Cheque swapping charges
Not Applicable
Bounce Cheque Charges
Not Applicable
Statement Charges (per statement)
Not Applicable
Home loan:
Overview
HDFC Bank brings, HDFC home loans to your doorstep. Over 3 decades of exclusive experience, a dedicated team of experts and a complete package to meet all your housing finance needs, HDFC Home Loans, help you realize your dream.
Loan Feature
Loan Amount Up to 80% of the cost of the property
Interest Rate
Information not available
Tenure
Upto 15 years
Pre Payment Charges
Up to 1.5% of original loan
Service Charges Information not available
Eligibility Criteria : Home Loan
Salaried
Self
Age
21-60 years
25-65 years
Income
Information not available
Information not available
Job Experience
Information not available
Information not available
Residence Proof
Valid Residence proof
Valid Residence proof
Docs Required : Home Loan
Salaried
Self
ID Proof
PAN card/Voters ID/ Passport/Driving License/Other Valid ID
PAN card/Voters ID/ Passport/Driving License/Other Valid ID
Address Proof
Recent telephone bill/electricity bill/property tax receipt/passport/voters ID/Driving Licence
Recent telephone bill/electricity bill/property tax receipt/passport/voters ID/Driving Licence
DOB Proof
10th class certificate/certificate of birth
10th class certificate/certificate of birth
Other Charges : Home Loan
Charges for late payment of EMI : 2% per month Cheque swapping charges : Rs.500/Bounce Cheque Charges : Rs.500/Duplicate Statement Charges (per statement) : Rs.100/- per page, Maximum Rs300/-
Education loan:
Overview
With HDFC bank student education loans, pursue your dream higher studies without worrying for financial assistance. HDFC provides student education loans for all Graduate, Post-Graduate, Engineering, Medical, MBA , Vocational Courses (Multi-Media, ERP) offered by recognized institutions in India and abroad.
Loan Feature
Loan Amount Loans upto Rs.15 Lakhs for Education in India and upto Rs.20 Lakhs for Education abroad
Interest Rate
Information not available
Tenure
Repayment to start 1 year after course completion / 6 months after obtaining employment (whichever is earlier). Loan available upto tenure of 7 years including moratorium period
Pre Payment Charges
Upto 4% of the Principal Outstanding after 6 months of repayment
Service Charges
Processing Fee: Upto a maximum 2% of the loan amount
Eligibility Criteria : Education Loan
Salaried
Self
Age
16 - 35 yrs
16 - 35 yrs
Income
Income Criteria Not Available
Income Criteria Not Available
Job Experience
Information not available
Information not available
Residence Proof
Valid Residence proof
Valid Residence proof
Docs Required : Education Loan
Salaried
Self
ID Proof
Co-Applicants Passport Copy/ Voters ID card/ Driving Licence/Copy of PAN Card/Other valid ID
Co-Applicants Passport Copy/ Voters ID card/ Driving Licence/Copy of PAN Card/Other valid ID
Address Proof
Passport/Voters ID/Driving License/Latest Electricity bill/Latest Landline Telephone Bill/Any other Valid Address proof
Passport/Voters ID/Driving License/Latest Electricity bill/Latest Landline Telephone Bill/Any other Valid Address proof
DOB Proof
Birth Certificate
Birth Certificate
Other Charges : Education Loan
� Description of Charges�
Amount of Charges
@ 24 % p.a. on amount outstanding from date of default Upto Rs. 500/- per event Upto Rs. 1000/Upto Rs. 450/- per Bouncing
As per applicable laws of the state
Charges for late payment of EMI Cheque swapping charges Loan cancellation / re-booking charges / Re-scheduling Bounce Cheque Charges
Stamp Duty and other atatutory charges
Legal / incidental charges
At actual
Car loan:
Overview
Just decide on the make & model, and the HDFC New Car Loan will bring it to your driveway in no time.Covers the widest range of cars and multi-utility vehicles in India.If you have had a Preferred Account or a Corporate Salary Account with HDFC Bank for more than six months, you can get fast approvals on your loans with minimal documentation and better Interest Rates
Loan Feature
Loan Amount Borrow up to 3 - 6 times your annual income. Avail up to 100% finance on your favorite car**
Interest Rate
Information not available
Tenure
12 to 60 Months
Pre Payment Charges
3% to 6% after six months of availing the loan
Processing Fee: Up to 2.5 Lakhs : Rs.2625/Over Rs. 2.5 Lakhs up to 4 Lakhs : Rs.3650/Service Charges Over Rs. 4 Lakhs to 5 Lakhs : Rs.4100/Over Rs. 5 Lakhs up to 10 Lakhs : Rs.4450/Over 10 Lakhs : Rs.4950/-
Eligibility Criteria : Car Loan
Salaried
Self
Age
21-65 Years
21-65 Years
Income
Minimum Rs. 100000 p.a including the income of spouse
Net profit Rs. 60000 p.a for standard cars and Rs.100000 p.a. for mid-sized and premium cars
Job Experience
1 year in current employment and minimum 2 years of employment Atleast 3 years in business
Residence Proof
Telephone: Must at residence
Telephone: Must at residence ; Private & Public Limited Company:Telephone-One phone at least at business
Docs Required : Car Loan
Salaried
Self
ID Proof
Passport copy, PAN Card, Voters Id car, driving licence( Laminated, Recent, Legible)
Passport copy, PAN Card, Voters Id car, driving licence( Laminated, Recent, Legible)
Address Proof
Ration card/Driving licence/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy PAN Card.
Self Employed:Ration card/Driving licence/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy PAN Card;Partnership Firms & Private Limited Company : Telephone Bill/Electri
DOB Proof
Birth Certificate or 10th Class Passing Certificate
Birth Certificate or 10th Class Passing Certificate
Other Charges : Car Loan
Description of Charges Stamp Duty Late Payment Penalty
Cheque swapping charges Loan cancellation / re-booking charges Legal, Repossession & Incidental charges
New Car Loans At actuals 2% per month
Rs 500/Rs 1000/At actuals
Loan against property:
Overview
Would like to leverage your property without giving it on rent or selling it? HDFC Bank brings to you Loan Against Property (LAP). You can now take a loan against your residential or commercial property, to expand your business, plan a dream wedding, fund your child's education and much more.
Loan Feature
Loan Amount 4% of the outstanding principal
Interest Rate
N.A.
Tenure
Upto 50% of value of the property
Pre Payment Charges
4% of the outstanding principal
Service Charges
Loan Processing Charges: 2% of the loan amount Pre-payment charges: 4% of the outstanding principal (pre-payment is allowed only after 6 months) Charges for late payment of EMI: 2 % per month on overdue EMI amount Charges for changing from fixed to floating rate of interest: 0.25% of the loan amount
Eligibility Criteria : Loan Against Property
Salaried
Self
Age
Age criteria not provided
Age criteria not provided
Income
Income criteria not provided
Income criteria not provided
Job Experience
Job experience not provided
Job experience not provided
Residence Proof
Residence proof not provided
Residence proof not provided
Docs Required : Loan Against Property
Salaried
Self
ID Proof
PAN card/voters ID/ passport/driving license
PAN card/voters ID/ passport/driving license
Address Proof
Recent telephone bill/electricity bill/property tax receipt/passport/voters ID
Recent telephone bill/electricity bill/property tax receipt/passport/voters ID
DOB Proof
10th class certificate
10th class certificate
Business loan:
Overview
We provide business loan for short or long term financial needs of business organizations. A lot of times it is important for businessmen to acquire a certain amount of money for running their enterprise. It is well known that without the required capital no business can run. For any business whether in initial stage or in growth phase, capital is required to keep up the momentum.
Loan Feature
Loan Amount Minimum Rs 5 Lac
Interest Rate
N.A.
Tenure
Not mentioned
Pre Payment Charges
Not mentioned
Service Charges
Service charges not provided
Eligibility Criteria : Business Loan
Self
Age
Age criteria not provided
Income
Income criteria not provided
Job Experience
Job experience not provided
Residence Proof
Residence proof not provided
Docs Required : Business Loan
Self
ID Proof
Passport, driving license
Address Proof
Electricity bill, phone bill
DOB Proof
10th class certificate
Accounts and deposits:::::: Savings account: Features:
Wide network of branches and over 7300 ATMs to meet all your banking needs, no matter where you are located. Bank conveniently with facilities like NetBanking and MobileBanking – check your account balance, pay utility bills or stop cheque payments all via SMS. Never overspend – shop using your International Debit Card that reflects the actual balance in your savings account. Personalised cheques with your name printed on each cheque leaf for enhanced security. Take advantage of BillPay – an instant solution so you can pay all your frequent utility bill payments. Instruct for payments over the phone or through the Internet. Avail of facilities like Safe Deposit Lockers, Sweep-In and Super Saver facilities on your account. Free cash withdrawals at any other Bank's ATMs* Free Payable-at-Par chequebook, without any usage charges. Free InstaAlerts for all account holders for lifetime of the account. Free passbook facility available at home branch for account holders (individuals). Free Email Statement facility.
Eligibility criteria:
A Regular Savings Account is for anyone who is a:
A resident individual (sole or joint account) A Hindu undivided family A foreign national
If you are a foreign national, you have to be residing in India for a period greater than 180 days and you have to provide us with:
A valid passport A valid Visa FRRO (Foreign Regional Registration Office) Certificate Residential permit
Minimum Balance Requirement
A minimum deposit of Rs. 10,000 (metro/urban branches), Rs. 5000 (semi-urban/rural branches) is required to open an account and thereafter an average monthly balance of the same amount has to be maintained.
Please note: It is mandatory to maintain a minimum average monthly balance (AMB) of Rs. 10,000 (metro/urban branches), Rs. 5000 (semi-urban/rural branches). If the balance is not maintained, the following service charges will be levied: For urban/metro branches: If AMB in the account is between Rs 5,000 to Rs 10,000, a charge of Rs 250/- per month would be levied. If AMB is less than Rs 5,000, a charge of Rs 350/- per month would be levied. Semi urban/rural: If AMB in the account is between Rs 2,500 to Rs 5,000, a charge of Rs 250/- per month would be levied. If AMB is less than Rs 2,500, a charge of Rs 350/- per month would be levied.
Fees and charges applicable:
Description of Charges Minimum Balance - Average Monthly Balance (AMB) Cheque book
Regular Savings Account Rs. 10,000 (Metro / Urban branches), Rs. 5, 000 (Semi-Urban / Rural branches) Free - 25 cheque leaves per calendar quarter Additional chequebook of 25 leaves will be charged @ Rs 50/per chequebook Rs. 5 per leaf on non-maintenance of min. balance Monthly statements to be collected from branch. Quarterly statements sent by post Upto 14 days - Nil 15 days upto 12 months - Rs 500/Beyond 12 months - Nil
Account statements - Free Account closure
Salary account: Features:
Zero Balance Savings Account Free payable at par cheque book @ 25 cheque leaves per quarter 5 Free transactions per month at Non- HDFC Bank ATMs in India Free for life International Debit Card for the primary applicant with ATM cash withdrawal limit of Rs 25,000 per day and POS usage limit of Rs.40,000 per day. Add-on International debit card for secondary holder (Free for the first year) Free Personal Accidental Death Cover of Rs. 1 lakh* Anywhere Banking across our extensive Branch and ATM network Free Quarterly Account Statements Free Monthly Account statements by e-mail (Optional) Free Passbook facility available at home branch for account holders Free DDs /MCs up to Rs. 25,000 per instrument payable at HDFC Bank branch locations Free mobile and e-mail alerts (InstaAlerts Facility) Free Utility payment facility (BillPay) Free Phonebanking, MobileBanking and NetBanking Electronic Funds Transfer options (NEFT / RTGS)
Fees and charges applicable:
Description of Charges
Regular Salary Account
Minimum Balance (Average Monthly Balance)
NIL
Account Statements - Free
Monthly statements to be Collected from branch.
Quarterly statements sent by post
Account Closure
Upto 14 days - No Charge 15 days upto 12 months - Rs 500/Beyond 12 months - No Charge
ATM Card
Free
Mobilebanking
Free
Netbanking
Free
Current account: Features:
Get convenient inter-city banking and free cheque payments anywhere. Free Collections of funds through RTGS and NEFT Free Payments through NEFT. Nominal charges for RTGS payments Transfer funds across cities between HDFC Bank accounts at a nominal charge of Rs.15 per transactions Get a payable-at-par cheque book at a nominal price. Enjoy Doorstep Banking* for your convenience and security. Cash and cheque pick-ups and cash deliveries can be arranged from your doorstep, through a reputed agency. Get 24-hour PhoneBanking, NetBanking and MobileBanking to check your account balance and transaction details, find out the status of your cheques or stop cheque payments.
Eligibility criteria:
You are eligible to operate a Regular Current account if you fall under any of the following categories:
Resident Individual Hindu Undivided Family Sole Proprietorship Partnership Limited company Trust Association/Club/ Society Foreign Institutional Investor Foreign national residing in India Limited Liability Partnership
Fees and charges applicable:
Description of Charges
Regular Current Account
Current Accounts with Cheque facility
Minimum Balance (Average Quarterly Balance)
Rs. 10,000/-
Mode of calculation of minimum average quarterly balance
Average of daily closing balances of each day spread over a period of three months.
Cheque Book Charges (Issued by Bank)
Payable-at-par
Charges Rs 2/- per leaf
Account Statement
Free (Monthly)+
Local Transactions (At home branch location)
Local cheques collections & payments
Free
Account to Account Fund Transfer within HDFC Bank
Free
Cash Deposit
Cash Deposit-Home Branch Location
Free upto Rs.2 lacs per month or 25 transactions, whichever is lower. Deposit in excess of Rs.2 lacs or 25 transactions will be charged @ Rs.3 per 1000, minimum Rs.50
Cash Deposit -Non Home location
Cash Deposit - Non-Home Location - Maximum Rs.10,000 per day. Charges @ Rs. 3.5 per 1000, min Rs.50 per transaction
Cash Withdrawal
Cash Withdrawal-Home Branch
Free at Home Branch
Cash Withdrawal-Non Home Branch-Intercity & Intracity
Cash Withdrawal charges @ Rs.2/1000, min Rs.50 per transaction.Third party cash withdrawal allowed only up to maximum Rs. 50,000 per transaction.
Deposits: Fixed deposits: Features:
Easy investments with high returns Flexibility and security in one offering Higher rate of interest on Fixed Deposits for Senior Citizens
Eligibility criteria:
Below are the individuals and groups eligible for a Regular Fixed Deposit:
Residents Hindu undivided families Sole proprietorship firms Partnership firms Limited companies Trust accounts
A few things to note:
An initial deposit of Rs. 5,000/- is required to open a Fixed Deposit.Effective 01st April 2010, PAN is mandatory to book Fixed Deposits if the total Fixed Deposit holding per customer id per branch exceeds 50,000/-
Recurring deposits: Features:
An investment as small as Rs 500 (and in multiples of Rs 100 there after) or as large as Rs 14,99,900/- per month A minimum tenure of 6 months (and in multiples of 3 months thereafter) up to a maximum tenure of 10 years. For a much smaller investment per month, get interest rates equal to that of regular Fixed Deposits. TDS is not applicable on the Interest earned by Recurring Deposits as per current income tax rules. Grace Days Facility is 5 days. If the installment is paid within 5 days of the installment due date, the customer will not be charged any penalty.
Eligibility criteria:
Resident individuals Hindu Undivided Families
Demat account: Features:
No Account Opening charges 1st year waiver on Annual Folio Maintenance Charges Transaction linked Annual Folio Maintenance charge from 2nd year onwards (More you transact, Lesser you pay) No stamp duty on transfer of securities held in Demat form Auto credit of rights / bonus / public issue / dividend through ECS Holding / Transaction details through HDFC Bank Net Banking Pledging of securities
Safe deposit locker: Features:
Wide availability of locker locations and sizes Access to safe-deposit lockers at all branches, no matter where your account is held. Lockers are rented for one year, and rent is payable in advance.
Eligibility criteria:
Lockers can be hired by individuals, limited companies, associations and trusts To use a locker, you should hold a Savings or Current account with HDFC Bank
Nomination facility:
Nomination on safe-deposit lockers enables HDFC Bank to release the contents to the nominee of the hirer, in the event of the death of the hirer. If a locker is held jointly, and one of the hirers dies, the contents can only be removed jointly by the nominee(s) and the survivors The nomination facility is available to both single and joint hirers For sole hirers, the nomination can be made in favour of just one individual Unpaid locker rentals are recovered from the nominee If a locker is hired for a minor, the nomination will be made by someone lawfully entitled to act on behalf of the minor
Fees and charges applicable:
Locker rates vary for different branches in various sizes, hence customers are requested to get in touch with respective branch. Terms and conditions:
Lockers can be allotted individually as well as jointly. The Locker holder is permitted to add or delete names from the list of persons who can operate the Locker or have access to it locker. Loss of key is to be immediately informed to the base branch
Surrendering lockers:
Lockers are to be surrendered only basis a written request from the Customer (in person) duly signed by all Locker holders. Any exceptions will be handled on a case-to-case basis.
Contents of the letter should clearly state that the locker has been vacated & all the belongings have been removed. If the locker is surrendered in the middle of the financial year, rent collected for the remaining months will NOT be refunded to the customer.
CARDS: Credit cards: 1. featured cards: a. regalia cards
b. jet privilege HDFC bank world
c. platinum edge
d. platinum plus credit card
2. super premium: a. infinia
3. professional: a. doctors superia
b. doctors platinum
c. teachers platinum
4. premium travel: a. titanium edge
5. premium women: a. solitaire premium credit card
b. solitaire credit card
6. premium: a. world masterCard credit card
b. visa signature credit card
7. regular: a. platinum plus credit card
b. titanium credit card
c: womans gold credit card
d: gold credit card
8. commercial: a. business platinum credit card
b. corporate platinum credit card
c. corporate world master credit card
d: corporate visa signature credit card
debit cards: 1. easy shop imperia platinum chip debit card
2.
EasyShop Platinum Debit Card
3.
EasyShop Titanium Royale Debit Card
4.
EasyShop Gold Debit Card
5. EasyShop Titanium Debit Card
6. EasyShop International Debit Card
7. EasyShop International Business Debit Card
8. EasyShop Womans Advantage Debit Card
9. EasyShop NRO Debit Card
Prepaid cards 1. ForexPlus Card 2. ForexPlus Chip Card 3. ForexPlus Platinum Card 4. GiftPlus Card 5. Mudra Gift Plus Card 6. FoodPlus Card 7. MoneyPlus Card
Insurance: Life insurance:
HDFC Life Click 2 Protect Plan
Secure your family’s future in quick, easy steps Get a life cover online upto 10 crore at nominal cost Enjoy tax benefits on premium upto 1 lakh
HDFC SL YoungStar Super Premium
Save for your child's future in advance Chose from two great insurance cover options Create a customized plan depending on your child's needs
HDFC Loan Cover Term Assurance Plan
Choice of taking the plan on a single life basis or a joint life (first claim) basis Flexibility to choose the life cover to be paid to your family in case of your unfortunate demise
HDFC Term Assurance Plan
High cover at a very nominal cost Optional benefits to cover other eventualities Choice of premium payment options: regular premium or single one-time premium
HDFC Life Sampoorn Samridhi Insurance Plan
Enhanced Cash and Cover option on maturity Lump sum payment to your family in case of your unfortunate demise
HDFC Savings Assurance Plan
No underwriting or extensive documentation required Tax benefits under Section 80C and 10(10D)* of Income Tax Act 1961
HDFC Single Premium Whole of Life Insurance Plan
Whole of life plan aimed at providing long-term real growth of your money Convenience with no need to undergo any medical tests Single premium investment plan
HDFC SL ClassicAssure Insurance Plan
Pay your premiums only for 7 years Choose your Sum Assured as per your need
Health insurance:
Health Suraksha
Great way to optimally cover your family for healthcare expenses at an affordable rate Get cashless claims service at more than 3500 network hospitals
Critical Illness - Silver Plan
A cover for 7 major critical illnesses provided under this policy Receive your lump sum payment after the very first diagnosis of your critical illness Avail requisite funds for treatment costs and associated expenses for critical illness for self or any family member
Critical Illness - Platinum Plan
A cover for 15 major critical illnesses provided under this policy Avail requisite funds for treatment costs and associated expenses for critical illness for self or any family member Receive your lump sum payment after the very first diagnosis of your critical illness
HDFC Critical Care Plan
Choose the Sum Assured rending from Rs. 2 lakh to Rs. 20 lakh according to your needs Tax benefits are available under section 80D under Income Tax Act, 1961
Personal Accident Insurance Plan A
Get Protection against hospital expenses, injuries, disability and death. Accident cover for yourself and your family under one insurance policy Get a comprehensive accident insurance for a sum Insured of Rs. 15 – 75 lakh
Personal Accident Insurance Plan B
Range of Sum Insured available from Rs.2.5 lakh to Rs.15 lakh Extend the cover to your entire family including dependent parents and dependent children in a single policy The individual stands protected for sickness in India and personal accident cover worldwide.
Motor insurance:
Commercial Vehicle Insurance
Ensure smooth business operations by covering risk arising out of Accidental Loss or damage to your vehicle, third party liability and injury or death involving your commercial vehicle Make use of over 1600+ authorized networks of garages across India for cashless claims with this policy Emergency assistance services such as towing, ambulance, claims assistance, are also provided
Private Car Insurance
Avail of HDFC ERGO's Private Cars Insurance at over 1600+ authorized network of garages across India Get discounts based on age, professions and membership of the Automobile Association Get complete coverage of liability towards third parties along with owner-driver accident cover.
Travel insurance:
Features
Protect your travels against any loss, delay or damage. Instant Online Policy Issuance Choose from a range of policies for individuals ranging in the age group of 6 months to 70 years.
Benefits
Get cashless hospitalisation No medical / health check-up Emergency assistance will be available to you on call 24x7 if you need to make international travel claims.
Home insurance: Features:
Complete Protection: Avail of protection for both your home and its contents Optional cover: Along with extensive coverage, a low cost optional cover for burglary, including theft and larceny is also offered. Premium discounts: You can avail of a premium discount 15% for security features at your home Minimum Documentations: Minimum & uncomplicated documentation required for this policy.
Premium banking: Imperia banking:
Benefits
Personalised attention from dedicated Relationship Manager Investment Services to help you make the right choice for your assets Relationship Pricing across products like loans, foreign remittances and so on
Eligibility criteria:
Membership to the HDFC Bank Imperia Programme is by invitation only. To be eligible for the exclusive benefits you need to: Maintain a minimum Average Monthly Balance of Rs.30 Lakhs across all your Savings and Fixed Deposit* accounts. OR Maintain an Average Quarterly Balance of Rs.10 Lakhs in your Savings account. OR Maintain an Average Quarterly Balance of Rs.15 Lakhs in your Current account
Preferred banking:
Features and Benefits
Dedicated Relationship Manager Customised Investment Solutions Relationship Pricing Business Solutions
Eligibility criteria:
You are eligible for the HDFC Bank Preferred Programme ** if you:
Hold at least one Savings or Current account, sole or joint, with HDFC Bank. Maintain a minimum Average Monthly balance of Rs. 15 Lakhs across all your accounts (Savings, Current and Fixed Deposits*) OR Maintain an Average Quarterly Balance of Rs. 2 Lakhs in your Savings account. OR Maintain an Average Quarterly Balance of Rs. 5 Lakhs in your Current account. The requisite balance can be maintained over your accounts and over those of your immediate family members.
Classic banking:
Features and Benefits
Dedicated Personal Banker Relationship Preferential pricing. Exclusive privileges
Eligibility criteria:
You can avail of these privileges as an HDFC Bank Classic customer if you maintain an account with us in your individual capacity and meet the following criteria:
A minimum Average Quarterly Balance of Rs.1 Lakh in a Savings Bank account (this can be maintained across Savings Bank accounts held by you and your immediate family (i.e. spouse/ parents/ children) OR A minimum Average Monthly Balance of Rs. 5 Lakhs in a combination of Savings Bank accounts and Term Deposits (this can be maintained across accounts held by you and your immediate family (i.e. spouse/ parents/ children).
