Quick Answer: What Is The Minimum Balance To Open An Account In HDFC Bank?

Which account is best in HDFC Bank?

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….

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 is the minimum balance to open an account in SBI bank?

Rs. 10,000What is the minimum amount required for opening Current Account in SBI? SBI Current Account minimum balance is Rs. 10,000.

Which bank has lowest minimum balance?

ICICI Basic Savings Account.HDFC BSBDA Small Savings Account.SBI Basic Savings Bank Account.Axis Bank Small Basic Savings Account.Indus Small Savings Account.Standard Chartered Bank’s Basic Banking Account.RBL Bank’s Abacus Digital Savings Account.IDFC Bank Pratham-savings account (BSBDA)

Can I deposit 5 lakhs in my account?

Individuals who deposit cash above Rs. 2.5 lakh and senior citizens who deposit cash above Rs. 5 lakh may be scrutinised. Any amount within the specified limit will be excluded from scrutiny considering that the money is from household savings, cash withdrawals, earlier income, and so on.

Which bank allows online account opening?

You choose to open a savings account online as well as operate it via Internet Banking and the Axis Mobile App or visit your nearest Axis Bank branch to do so.

What are the requirements to open a bank account in HDFC?

HDFC bank account opening documents requiredProof of Identity – Passport, Driving license, Voter’s ID card, etc.Proof of address – Passport, Driving license, Voter’s ID card, etc.PAN card.Form 16 (only if PAN card is not available)2 latest passport size photographs.Qualification certificate (Optional)

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 the minimum amount required to open a bank account?

The minimum salary to open a bank account in Dubai is AED 3000. If your salary fits this requirement, you can easily open a Current or Savings Account in Dubai. There are many savings accounts in Dubai where you can create a strong financial backup, offering a certain amount of interest every month.

What is monthly Ave balance?

Unlike the common perception among account holders that Monthly Average Balance (MAB)means that a stipulated amount of money is parked in their account at all times, the former is actually the sum total of the amount of money at the end of each day of the month divided by number of days of the month.

Which bank is best for opening account?

8 Best Zero Balance Savings Account In IndiaIDFC First Bank Pratham Savings Account. … YES Bank Smart Salary Advantage. … IndusInd Bank-Indus Online Savings Account. … DBS-DigiSavings. … Kotak Mahindra Bank-811 Digital Bank Account. … HDFC Bank – Basic Savings Bank Deposit Account. … SBI – Basic Savings Bank Deposit Account. … Standard Chartered Basic Savings Bank Deposit Account.