If customers keep a fixed deposit account of ten thousand rupees for one year in the bank, then they will be exempt from the penalty.
HDFC Bank customers are required to maintain a minimum balance (AMB) in their regular savings accounts.
If customers fail to make monthly average balances, then they will have to pay the penalty.
For regular savings accounts at HDFC Bank branches located in metros and urban areas, customers are required to save an average monthly savings of Rs 10,000. In semi-urban (semi-urban) branches, customers have to keep an average of Rs 5,000 in their accounts.
In this news, we are telling you about how much money will have to be saved in the HDFC bank account.
The average monthly balance for regular savings accounts in HDFC Bank’s metro and urban branches is Rs 10,000.
According to the HDFC Bank website, customers in semi-urban branches are required to maintain a monthly average (AMB) balance of 5000.
HDFC Bank customers in rural branches are required to maintain a quarterly balance (ABQ) of Rs 2500.
If customers keep a fixed deposit account of ten thousand rupees for one year in the bank, then they will be exempt from the penalty.
HDFC Bank charges up to Rs 150-600 (excluding taxes) for insufficient balance in regular savings accounts in metro, urban and semi-urban branches.
