How can I close my HDFC Bank account permanently?

It is not possible to close HDFC Bank Accountonline because your physical presence is required to know yourreason for the closure of your account. To closeHDFC Account, we have to go the Branch where wehave opened the Account ? NO, You can go any of yournearest HDFC Branch to close youraccount.

It is not possible to close HDFC Bank Accountonline because your physical presence is required to know yourreason for the closure of your account. To closeHDFC Account, we have to go the Branch where wehave opened the Account ? NO, You can go any of yournearest HDFC Branch to close youraccount.

Furthermore, can we close bank account online? How to Close a Bank Account Online.Online bill payments, electronic fund transfers and mobiledeposits have lessened the need to visit a bank branch toconduct business. However, when it comes to closing an accountonline it is not quite as simple as hitting”delete”.

In this manner, is there any charges for closing HDFC bank account?

For closure of savings account, an HDFCBank customer, depending on the nature and tenure ofthe account, will have to pay a fee of Rs 500 and ifthe average monthly balance falls below Rs 20,000 innonurban centres, it will charge Rs 500 amonth, according to its website listing various chargeseffective January 2012.

Can I close my HDFC Bank account with negative balance?

In response to an email sent by TOI, HDFC Banksaid it “does not allow the balance in a savingsaccount to go negative due to imposition of charges fornon-maintenance of minimum balance“. The statementadded that there are no charges for reactivation of theaccount in future.

What is minimum balance in HDFC?

With service Tax and other cess, the amount ismore than Rs 600. The minimum balance limit in case ofHDFC Bank is Rs 10,000 for urban branches and Rs 5,000 forsemi-urban branches.

Can I close my HDFC salary account online?

No, there is no way to close any accountonline. You just need to drop in to any of the HDFC BankBranch and ask then for the Account Closure Form. If youhave your Debit Card and Chequebook with you, you can takethem along with you or you can declare them destroyed on theclosure form.

Is there any charge for closing a bank account?

Generally, if the account is closed withina year, account closure charges are levied by thebank. These are known as bank account closing charges.However, the bank doesn’t charge anything if a personcloses the bank account within 14 days of openingit.

Can I transfer my HDFC account online?

there is no option of transferring your HDFC BankAccount Online from one branch to another. The onlyoption to transfer your account is that you have to visitthe HDFC Bank branch where you want to get your accounttransferred and ask for the account transferform.

How do I close my savings account?

Visit or call your local bank’s branch, and ask to speakwith a personal banker to close your savings account.Or you can choose to submit your request in a bank accountclosing letter to initiate the process, according to Bank ofAmerica close account instructions.

What is the minimum balance in HDFC Bank salary account?

Features and Benefits of HDFC Bank RegularSalary Account As already mentioned, the HDFC Bank RegularSalary Account is a zero-balance account. In otherwords, there is no requirement for a minimum balance.Customers holding this salary account are eligible for thefree Personal Accident Cover of Rs. 1 lakh.

What happens when you close a bank account with negative balance?

When your leave your deposit account negativeyour bank can impose fees, freeze the account andeventually close it. Bank accounts that areclosed with negative balances are often reported tocredit agencies and show up on your credit report as unpaiddebts.

How can I transfer my HDFC account to another branch?

Following is the process to be followed to transfer youraccount from one branch to another: An account transfer form, signed by all applicants, given atany of our branches. We recommend that you submit the form at thebranch that you want your account transferred to. There will be no change in your account number.

What is debit card annual fee HDFC?

For the Coral debit card, the bank chargesa joining fee of Rs 499 and an annual fee of the sameamount, according to its website. For its Platinum debitcard, HDFC Bank charges a fee of Rs 750 as anannual renewal fee. The annual card fee of YesBank’s First World debit card is Rs2499.

What is the penalty for not maintaining minimum balance in HDFC Bank?

HDFC Bank Minimum Balance Rules Shortfall >=2,500 to < 5,000 then the accountholder is charged Rs. 450 in Metro & Urban and Rs. 150 ischarged to Semi Urban account holders.

Does HDFC charge for debit card?

JetPrivilege HDFC Bank World DebitCard Replacement/Reissuance Charges for Debit Cards -Rs. 200 + applicable taxes (W.e.f 1st Dec’16). Platinum DebitCard** Rs. 750 + applicable taxes. Times Points DebitCard** Rs. 650 + applicable taxes.

How is AMB calculated?

Banks calculate the average monthlybalance by adding together each daily closing account balancethroughout the month. The bank divides the sum of the daily accountbalances by the number of days in the month.

How can I close my SBI account online?

Step 1 Walk into your SBI branch. The bank executive will provide you the Account Closure RequestForm or CDSL. You can also download the SBI Account Closure formfrom SBI website. Fill the form to close the account. You need to fill the complete form mentioning followingdetails:

What is MC issued in HDFC Bank statement?

Manager’s Check/Demand Draft. A Manager’sCheck(MC) is a cheque issued by the bank,payable to a payee as indicated by the person who buys theMC. It is often used in situations when the beneficiary doesnot accept cash or personal cheques.