HDFC Bank has announced a comprehensive revision of service charges for certain banking services. These changes apply to savings, salary and non-resident accounts, with effect from August 1, 2025.
The bank
has reduced the cash transaction limits, decreased the number of free cheque leaves and revised IMPS, NEFT charges.
Here are the changes done by HDFC Bank:
Cash deposits and withdrawals
HDFC Bank has reduced the number of free monthly cash transactions. Earlier, the cap limit for self and third-party transactions was Rs 2 lakh, but it has now been reduced to Rs 1 lakh per month per account. There are still four free transactions per month; beyond that, there is an Rs 150 fee per transaction.
Cheque Book charges
As against the earlier limit of 25 free leaves per year, HDFC Bank will now offer one cheque book of 10 leaves per year free of cost. Additional cheque books will be charged at Rs 4 per leaf. This means Rs 40 for 10 leaves for regular citizens and Rs 36 for senior citizens, compared to the earlier Rs 100 for regular customers and Rs 75 for senior citizens for 25 leaves.
NEFT charges
Earlier, cash handling charges were Rs 2 for amounts up to Rs 1 lakh and Rs 1.20 for senior citizens. For amounts above Rs 1 lakh, the charges were Rs 10 for regular customers and Rs 9 for senior citizens.
Now, HDFC Bank has introduced four slabs. For amounts up to Rs 10,000, the charges are Rs 2 for regular customers and Rs 1.80 for senior citizens. For amounts between Rs 10,000 and Rs 1 lakh, the charges are Rs 4 for regular customers and Rs 3.60 for senior citizens.
For amounts between Rs 1 lakh and Rs 2 lakh, the charges are Rs 14 for regular customers and Rs 12.60 for senior citizens and for amounts above Rs 2 lakh, the charges are Rs 24 for regular customers and Rs 21.60 for senior citizens.
RTGS charges
The bank has now created two slabs for higher transaction amounts as compared to the earlier single slab of Rs 2 lakh and above. Earlier, the charges were Rs 15 for regular customers and Rs 13.50 for senior citizens. Now, for transactions between Rs 2 lakh and Rs 5 lakh, the charges are Rs 20 for regular customers and Rs 18 for senior citizens.
For transactions above Rs 5 lakh, the charges are Rs 45 for regular customers and Rs 40.50 for senior citizens.
IMPS charges
The slabs remain the same, but the bank has revised the changes. For amounts up to Rs 1,000, the charges have been reduced to Rs 2.50 from Rs 3.50 for regular customers and to Rs 2.25 from Rs 3 for senior citizens.
For amounts between Rs 1,000 and Rs 1 lakh, the charges remain the same at Rs 5 for regular customers, but for senior citizens, they have increased to Rs 4.50 from Rs 3. For amounts above Rs 1 lakh, the charges remain unchanged for regular customers at Rs 15, while for senior citizens, they have increased to Rs 13.50 from Rs 10.
ECS and cheque return charges
HDFC Bank has increased the return charges by Rs 50 and has now divided them into two categories, as compared to three categories earlier. For the first return, the charges are Rs 500 for regular customers and Rs 450 for senior citizens.
For the second return, the charges are Rs 550 for regular customers and Rs 500 for senior citizens. The technical return fee remains unchanged at Rs 50 for regular customers and Rs 45 for senior citizens.
Other charges
Earlier, the charge for IPIN regeneration was Rs 40 for regular customers and Rs 36 for senior citizens, but it is now free. Services such as Balance Certificate, Interest Certificate, and Address Confirmation is free of cost.
For old records or copies of paid cheques, the earlier charges were Rs 80 for regular customers and Rs 72 for senior citizens. Now, the charges are Rs 100 per instance for regular customers and Rs 90 per instance for senior citizens.
