- How can I close my HDFC Bank account permanently?
- Is HDFC zero balance account available?
- What will happen if minimum balance is not maintained in HDFC?
- How long can your bank account be negative?
- Can a bank close your account and keep the money?
- Will bank account automatically close?
- Is it possible to close HDFC Bank account online?
- Is there any charges for closing HDFC bank account?
- What is the minimum balance charges in HDFC?
- Is it compulsory to close bank account?
- Can we close bank account online?
- How long does it take to close out a bank account?
- Can I close my HDFC account with negative balance?
- How many transactions are free in HDFC?
- How long does it take to close HDFC bank account?
- Can I close my account with a negative balance?
- Is closing your bank account bad?
- What is the minimum balance in HDFC?
How can I close my HDFC Bank account permanently?
Steps to Close HDFC Bank Account Simply transfer all the money to some other account through NEFT, RTGS or IMPS.
The balance in your account should be Zero.
Now you can go to the nearest branch and approach the bank executive.
Obtain an account closure form from the executive and fill in the form with correct details..
Is HDFC zero balance account available?
HDFC Bank, India’s second-largest bank, provides the facility of zero balance savings account with which the individuals can avail the basic banking facilities under several restrictions. … A zero balance basic savings account can be opened with HDFC Bank which will have certain transactional and operational limits.
What will happen if minimum balance is not maintained in HDFC?
For savings account in metro cities, HDFC Bank may charge you as much as 600 rupees for not maintaining the minimum balance. With service Tax and other cess, the amount is more than Rs 600. The minimum balance limit in case of HDFC Bank is Rs 10,000 for urban branches and Rs 5,000 for semi-urban branches.
How long can your bank account be negative?
Time Varies. As a matter of policy, banks vary the time they take to close negative accounts based on the size of the overdraft and the banking history with the consumer. This is where banking loyalty works in your favor. Many typically wait 30 to 60 days before doing so, while others may wait four months.
Can a bank close your account and keep the money?
As soon as you receive notice that your bank has closed your account, you need to take immediate action in order to be able to continue to pay your bills and manage your money. … The bank can hold any money that you currently owe in overdraft fees and charges, but you may need that money to pay your rent and other bills.
Will bank account automatically close?
According to the RBI’s norm, if a customer discontinues using his or her account for 12 consecutive months then banks will automatically make then inactive, and more than extra inactive 12 months will make it a dormant account. So, we are here to guide you as to how you can close your inactive bank account.
Is it possible to close HDFC Bank account online?
You Can Not Close Your HDFC Bank Account online. The Account Holder Need to Visit their HDFC Bank branch for Account Closure Request. You can Download the HDFC Account Closure Form Online and Submit to Your Branch to Close Account.
Is there any charges for closing HDFC bank account?
For closure of savings account, an HDFC Bank customer, depending on the nature and tenure of the account, will have to pay a fee of Rs 500 and if the average monthly balance falls below Rs 20,000 in nonurban centres, it will charge Rs 500 a month, according to its website listing various charges effective January 2012.
What is the minimum balance charges in HDFC?
Minimum Balance RequirementsBalance Non-Maintenance Charges*AMB Slabs (in Rupees)Metro & UrbanSemi Urban>=5,000 to < 7,500Rs. 300/-NA>=2,500 to < 5,000Rs. 450/-Rs. 150/-0 to < 2,500Rs. 600/-Rs. 300/-2 more rows
Is it compulsory to close bank account?
If your bank account is no longer useful, best is to close the account. The bank starts deducting charges for non maintenance of minimum balance. …
Can we close bank account online?
You cannot close your bank account online. You need to visit your home branch where you opened the account. So you need to walk into the home branch where you have an account and request them for account closure.
How long does it take to close out a bank account?
Closing a bank account can take anywhere between a day and several months, depending on multiple factors.
Can I close my HDFC account with negative balance?
Either manager will close the account or the account will be dormant….. … For account closure we need to make it positive, if do not want to close then no need to pay but your -ve amount will be increase month by month. We may required hdfc in future for any loan so i think its better to pay and close the account.
How many transactions are free in HDFC?
5ATM feesRevised ATM Charge StructureAccount TypeNo of Free Transactions per month at HDFC Bank ATMsSavings & Salary AccountFree Transactions -5Current Account (Flexi, Plus, Max, Apex, Ultima, Merchant Advantage Plus & Supreme Current Account)Unlimited1 more row
How long does it take to close HDFC bank account?
Usually HDFC Account will close in 7 Business days. Other cases it will take 2 weeks. If you done with the above steps, you would be able to close your bank account in a hassle free manner. You’ll be communicted about closure of your account via E-mail and you registered Mobile Number after the process is done.
Can I close my account with a negative balance?
No. You cannot close your bank account with a negative balance. You may only close it after bringing your balance to positive and paying the bank penalties. However, your bank can force closure of your account if you fail to satisfy your debt within the time your bank allows you to do so.
Is closing your bank account bad?
Closing a bank account won’t directly affect your credit. It could, however, cause you difficulties and affect your credit score if it’s been closed with a negative balance.
What is the minimum balance in HDFC?
Rs. 10,000Minimum balance requirement to open a savings account in HDFC Bank is Rs. 10,000 for metro Urban branches Rs. 5,000 For Semi Urban branches Rs. 2,500 for Rural branches is required to open a Savings Regular Account.