Common Savings Account Fees and Charges

For consolidated savings fees and charges of a Savings Account, Click here.

Frequently Asked Questions

Yes, the Savings Account with HDFC Bank incurs certain fees and charges.

No, the Savings Account is not tax-free. Any interest income earned on Savings Account deposits, wherein the annual income from the interest exceeds ₹10,000, is subject to taxation, as per your Income Tax slab.

No, Savings Accounts typically do not incur a monthly fee. However, you may be charged an annual fee towards the maintenance/usage of the ATM-cum-Debit Card issued with the corresponding Savings Account. Fees are also levied for certain add-on services like additional Cards and cheque books, among other things.