E-commerce Current Account
Transaction features and benefits ideally suited for you
Transaction features and benefits ideally suited for you- Flexibility to deposit / withdraw cash across any of the HDFC Bank Branches for free*
- Free local / anywhere cheque collection and payment.
- Free RTGS / NEFT / Fund Transfer payment.
- Doorstep Banking Services
- AQB Requirement – Rs. 25,000
*refer detailed schedule of fees and charges.
NetBanking Platform
HDFC Bank offers you a comprehensive range of transactions across multiple products through its NetBanking channel. Just log in to NetBanking and conduct 200+ transactions from the comfort of your home or office. Some of the transactions are:
- Check your account balances and download 5 year account statement in 5 formats, instantly
- Pay your Taxes online
- View your Tax Credit Satement (Form 26 AS)
- Request for a Demand Draft/ Chequbook
- Request Stop Payment of a Cheque/ Hotlist you Debit Card/ Credit Card
Doorstep Banking
- No queues at the Branch- Bank at your doorstep
- Dedicated courier agencies for cheque pick up
- Dedicated cash in transit agents for cash pick-up and delivery secured by a comprehensive insurance cover
- Multiple verifications and identifications process to ensure security.
- UPI
Business Debit Card
Enjoy multiple benefits on Business Debit Card:
a) Get up to ₹9000 CashBack every year, 5% on Tax payment & 1% CashBack on select retail and online shopping
b) 8 complimentary visits at select domestic airport lounge (2 per quarter)
c) Up to ₹ 10 lakhs Personal Accidental Death Cover (Rail/ Road/ Air)
d) International Air Coverage of flat Rs. 1 Crore on purchase of air ticket using your Business Debit Card.
e) ₹ 5 lakhs for retail / online shopping and ₹ 1 lakh for ATM withdrawals
For more details, you may click here to read on this in detail.
Cash Management
- Range of products under our collection services to make your cheque realisation and Banking more efficient
- Track cheque collection across the country and facilitate easy reconciliation
- Customised MIS of cheque collected – Dealer / Location / Branch details / Cheque realised.
Trade & Forex Services
- Array of trade and foreign exchange services comprising of Import / Export Bills, Issuance of Letter of Credit, Bank Guarantees, Remittances, Forex Card, FCY Cash, DD and Travellers cheque.
- Competitive Exchange Rates
- Quick turnaround time
- Dedicated trade desks spread across the countryRelationship with leading Banks in 18 major currencies
- World Wide recognition
Enclosed below are HDFC Bank E-Comm Current Account fees and charges
| Features | E-Comm Current Account | |
| Average Quarterly Balance (AQB) | ₹ 25,000 | |
| Non-Maintenance Charges (per quarter) | ₹ 1,800 | |
| CASH TRANSACTIONS | ||
| Combined Cash Deposit Limit @ any HDFC Bank Branches - Monthly Limit | Combined Limit @ any HDFC Bank Branches Free up to Higher of ₹ 3 lacs OR 6 times the current month AMB OR 40 transactions whichever is breached first, (subject to maximum ₹ 100 lacs) Charges @ ₹ 3.5 per ₹ 1,000, minimum ₹ 50 per transaction beyond free limits | |
| Cash deposit in low denomination notes i.e. Rs 50 and below @ any HDFC Bank Branch (monthly) | 1. Cash deposit in notes = Free up to ₹ 10,000/- per month, beyond free limit chargeable at 2% of cash deposit in low denomination notes | |
| 2. Cash deposit in coins = Free up to ₹ 1,000/- per month, beyond free limit chargeable at 5% of cash deposit in coins | ||
| Operational Limit for Cash Deposit @Non-Home Branch (per day) | ₹ 1,00,000 | |
| Cash Withdrawal Limit @ Home Branch | Free | |
| Cash Withdrawal Limit @ Non Home Branch (Daily Limit) | ₹ 1,00,000 per day Charges @ ₹ 2 per ₹ 1,000, minimum ₹ 50 per transaction beyond free limits | |
| NON - CASH TRANSACTIONS | ||
| Local / Intercity Cheque Collection/Payments & Fund Transfer | Free | |
| Bulk Transactions (count of all Cheque clearing and Fund Transfer transactions) - Monthly Free Limit | Free up to 200 transactions Charges @ ₹ 30 per transaction beyond free limits | |
| Cheque Leaves - Monthly Free Limit | Free up to 300 cheque leaves Charges @ ₹ 3 per leaf beyond free limits | |
| Speed Clearing (per instrument charges) | Up to ₹ 1 lac - Free Above ₹ 1 lac - ₹ 15 | |
| Outstation Cheque Collection @ Bank Location (per instrument charges) | ₹ 20 | |
| Outstation Cheque Collection @ Correspondent Bank Location (per instrument charges) | Up to ₹ 35,000 - ₹ 50 ₹ 35,001 to ₹ 1,00,000 - ₹ 100 Above ₹ 1,00,000 - ₹ 150 | |
| Outstation cheque collection @ Clean Location (per instrument charges) | Up to ₹ 25,000 - ₹ 50 ₹ 25,001 to ₹ 1,00,000 - ₹ 100 Above ₹ 1,00,000 - ₹ 150 | |
| Demand Drafts (DD)/ Pay Orders (PO) @ Bank Location | Free up to 50 DD/PO each Charges @ ₹ 25 per instrument beyond free limits | |
| Demand Drafts (DD) @ Correspondent Bank location | Charges @ ₹ 2 per ₹ 1000 ; Minimum ₹ 50 | |
| ELECTRONIC TRANSACTIONS | ||
| NEFT payments | Free | |
| RTGS payments | Free | |
| IMPS Payments | ₹ 0 - ₹ 1000 | ₹ 3.50 per transaction |
| ₹ 1001 - ₹ 100000 | ₹ 5 per transaction | |
| Above ₹ 100000 | ₹ 15 per transaction | |
| NEFT / RTGS / IMPS Collections | Free | |
DEBIT CARDS (only for Individuals and Sole proprietorships) | ||
| Debit Card | EasyShop Business# | ATM Card |
| Annual Fee per card | ₹ 250 | Free |
| Daily ATM limit | ₹ 1,00,000 | ₹ 10,000 |
| Daily Merchant Establishment Point of Sale limit | ₹ 5,00,000 | NA |
| # Also available for partnership firms & limited company current accounts. In case, the MOP (Mode of Operation) is conditional, all AUS (Authorized Signatories) have to sign the form jointly. | ||
| ATM Usage | ||
| ATM transactions (@ HDFC Bank ATM) | Unlimited Free | |
| ATM transactions (@ Non- HDFC Bank ATM) | Maximum of 5 transactions free in a month with a cap of Maximum 3 free transactions in Top 6 cities @ Non-HDFC Bank ATM (transactions done in Mumbai, New Delhi, Chennai, Kolkata, Bengaluru and Hyderabad ATMs will be considered as Top 6 cities) | |
| ACCOUNT CLOSURE CHARGES | ||
| Closure: Up to 14 days | No Charge | |
| Closure: 15 days to 6 months | ₹ 1,000 | |
| Closure: 6 months to 12 months | ₹ 500 | |
| Closure: Beyond 12 months | No Charge | |
| ACH Charges | ||
| 1 to 3 transactions in a month | ₹ 350 per transaction | |
| Fourth instance and beyond | ₹ 750 per transaction | |
| Other Charges | ||
| One time Mandate Authorisation Charges (Physical / Online) | ₹ 40 per mandate | |
| Note: Cash deposit limits will lapse if AQB maintained is less than 75% of required product AQB | ||