HDFC Bank raised minimum balance requirements criteria after ICICI Bank

[tuhin]

I am not sure but I found this news from various other news portals:

After ICICI Bank, HDFC Bank Raises Minimum Balance For New Savings Account - Check Latest Rates

Amid a growing divide in MAB policies among lenders after ICICI Bank increased its minimum average balance to Rs 50,000, private lender HDFC Bank followed suit by elevating MAB to Rs 25,000 effective from August 1, 2025 for new savings accoutn holders.

www.republicworld.com

After Icici, HDFC bank has also raised MAB to 25K

 

[BhaiyaJi]

Axis when ?

 

[tuhin]

Axis when ?

Wait for a while 😉

 

[2025]

Seems like fake or planted news.

https://www.hdfcbank.com/personal/s...nts/regular-savings-accounts/fees-and-charges

 

[ashokbishnoi]

Was not fake. They were kind of trying to test the water. They even had a pdf where they revised the charges for all accounts. That pdf has been taken offline, but I am attaching the copy.

 

[tuhin]

Was not fake. They were kind of trying to test the water. They even had a pdf where they revised the charges for all accounts. That pdf has been taken offline, but I am attaching the copy.

Sorry I didn't get any 25K MAB anywhere in this PDF

 

[girish3456]

Seems that's wrong information.

Refer:

Regular Savings Account Eligibility - Check Eligibility Criteria for Regular Savings Account | HDFC Bank

Regular Savings Account Eligibility - Find here the eligibility criteria to open Regular Savings Account at HDFC Bank. Know more about terms & conditions, charges & other requirements to apply for Regular Savings Account.

www.hdfcbank.com

 

[SSV]

See this breaking news...

Post in thread 'ICICI New Savings Account Users MAB Updated - August 1st 2025' https://www.technofino.in/community...ab-updated-august-1st-2025.43281/post-1088431

 

[ashokbishnoi]

Sorry I didn't get any 25K MAB anywhere in this PDF

I am not saying about MAB. I am saying that they had already uploaded and later taken down pdf related to charges. Maybe, regarding MAB too, the news might be true as they are kind of testing the response by leaking to media before finalizing and updating the pdf/website.

 

[ashokbishnoi]

See this breaking news...

Post in thread 'ICICI New Savings Account Users MAB Updated - August 1st 2025' https://www.technofino.in/community...ab-updated-august-1st-2025.43281/post-1088431

View attachment 106597

So, HDFC news will also turn out to be false now as ICICI has backtracked.

 

[tuhin]

I am not saying about MAB. I am saying that they had already uploaded and later taken down pdf related to charges. Maybe, regarding MAB too, the news might be true as they are kind of testing the response by leaking to media before finalizing and updating the pdf/website.

It can be another PR Stunt, negative publicity 😆

I don't think HDFC Bank will join this race soon, it can be , but definitely at a later phase only as HDFC Bank is always more or less retail oriented bank & they are successful in this game.

I was expecting similar hike from the most elegant, vibrant, dil se open Axis Bank 😆😆😆😆

 

[ashokbishnoi]

It can be another PR Stunt, negative publicity 😆

I don't think HDFC Bank will join this race soon, it can be , but definitely at a later phase only as HDFC Bank is always more or less retail oriented bank & they are successful in this game.

I was expecting similar hike from the most elegant, vibrant, dil se open Axis Bank 😆😆😆😆

Could be a PR stunt, but it was bad one as in a business based on trust a negative publicity dents the image of the brand in the longer run. One thing that we can't ignore is that they were already trying hard to entice so called premium customers to bank with them only, for past 2-3 years. They opened accounts only after at least 1 Lakh initial funding.

 

[tuhin]

Could be a PR stunt, but it was bad one as in a business based on trust a negative publicity dents the image of the brand in the longer run. One thing that we can't ignore is that they were already trying hard to entice so called premium customers to bank with them only, for past 2-3 years. They opened accounts only after at least 1 Lakh initial funding.

Hmmm, more or often, their associates are also doing many false promises to reach the target. Now a days, you can't do branch banking in any top private banks like Hdfc or icici or axis. Either, they don't have available cash in their counter or unnecessary pushing for insurance products. It's better to bank with some other psbs where customer footprints are comparatively less.

 

[ashokbishnoi]

Hmmm, more or often, their associates are also doing many false promises to reach the target. Now a days, you can't do branch banking in any top private banks like Hdfc or icici or axis. Either, they don't have available cash in their counter or unnecessary pushing for insurance products. It's better to bank with some other psbs where customer footprints are comparatively less.

Fully agree. We even have a word for this banking model overly dependent on cross selling - Bancassurance. Private banks are these days notorious for pushing these products often at the detriment of unsuspecting and gullible customers. Just have a look at the image about commission banks earn froim selling these so called for-the-benefit-of-customer insurance products.

 

[harsh_ujjwal]

Hope HDFC will follow suit. ICICI brought down it's MAB criteria.

 

[Prem03]

Seems like fake or planted news.

https://www.hdfcbank.com/personal/s...nts/regular-savings-accounts/fees-and-charges

View attachment 106579

No, it's not fake. It's there in many news articles.

Banks hike Minimum Balance Requirement: ICICI बैंक: 50000, HDFC बैंक: 25000... जब इतना पैसा रखना ही होगा खाते में तो कहां जाएगी बेचारी जनता? - hdfc bank icici bank and other pvt banks increase minimum balance requirements common man worried minimum balance hike - Navbharat Times https://share.google/dwlNANCdiNoPQmL64

Now the problem is after publishing this news, ICICI reduced the MAB to 15k, so in a hurry HDFC tried to stop this news and hence the result is in front of you. It has been published by many but some of them stopped.

HDFC is like ye L laga diye ICICI ne.
And the ICICI reaction is

 

[tuhin]

No, it's not fake. It's there in many news articles.



Now the problem is after publishing this news, ICICI reduced the MAB to 15k, so in a hurry HDFC tried to stop this news and hence the result is in front of you. It has been published by many but some of them stopped.

HDFC is like ye L laga diye ICICI ne.
And the ICICI reaction is

View attachment 106617

Hamare Open Dil Se kaha hain? Axis 😆

 

[AkashnAkashn is verified member.]

Locking this thread after HDFC clarification