What is annual maintenance charge in the context of a savings bank account?

[nangkong]

I was in the process of opening an HDFC account online and on the page where the customer has to select an account type, I saw this:

What does Annual Maintenance Charge exactly mean here? I looked it up and it probably means the annual fees of the debit card, but I still am not completely sure and would really appreciate it if somebody could please confirm it for me. Also, if it is indeed the charges for the DC, does it mean that I can ask to be issued the most rewarding DC HDFC can provide as part of my welcome kit and use it for free (waived off) for the first year?

 

[Vasuki]

I was in the process of opening an HDFC account online and on the page where the customer has to select an account type, I saw this:

What does Annual Maintenance Charge exactly mean here? I looked it up and it probably means the annual fees of the debit card, but I still am not completely sure and would really appreciate it if somebody could please confirm it for me. Also, if it is indeed the charges for the DC, does it mean that I can ask to be issued the most rewarding DC HDFC can provide as part of my welcome kit and use it for free (waived off) for the first year?

If you don't maintain 5000 . U won't be charged 300 rs non maintenance charges.
For a year .
For dc u will be charged.

If u below 25 open hdfc digi youth account.
Free dc fy

 

[nangkong]

If you don't maintain 5000 . U won't be charged 300 rs non maintenance charges.
For a year .
For dc u will be charged.

If u below 25 open hdfc digi youth account.
Free dc fy

You sure its for the account balance and not the DC?

 

[Vasuki]

You sure its for the account balance and not the DC?

Y e e s

 

[nangkong]

Y e e s

Ok. Thanks again, sir.

 

[iNokia]

I was in the process of opening an HDFC account online and on the page where the customer has to select an account type, I saw this:

What does Annual Maintenance Charge exactly mean here? I looked it up and it probably means the annual fees of the debit card, but I still am not completely sure and would really appreciate it if somebody could please confirm it for me. Also, if it is indeed the charges for the DC, does it mean that I can ask to be issued the most rewarding DC HDFC can provide as part of my welcome kit and use it for free (waived off) for the first year?

Legal version of this

 

[moneyMaker]

Alag hi nakhre hai banks ke.

 

[Cc_creditguy]

If you don't maintain 5000 . U won't be charged 300 rs non maintenance charges.
For a year .
For dc u will be charged.

If u below 25 open hdfc digi youth account.
Free dc fy

After 25 what will happen

 

[Vasuki]

After 25 what will happen

You can open till 25 .. after 25 no idea i will tell u after 4 yrs 😍

 

[NShah]

I was in the process of opening an HDFC account online and on the page where the customer has to select an account type, I saw this:

What does Annual Maintenance Charge exactly mean here? I looked it up and it probably means the annual fees of the debit card, but I still am not completely sure and would really appreciate it if somebody could please confirm it for me. Also, if it is indeed the charges for the DC, does it mean that I can ask to be issued the most rewarding DC HDFC can provide as part of my welcome kit and use it for free (waived off) for the first year?

i think dc annual fee
When you open an online savings account in HDFC Bank, HDFC offers Millenia DC which is free for the first year.

 

[Cc_creditguy]

You can open till 25 .. after 25 no idea i will tell u after 4 yrs 😍

Bro actually I'm having acc in hdfc can I change my account to this account??

 

[Vasuki]

Bro actually I'm having acc in hdfc can I change my account to this account??

Y.e s .
U can
.i changed from normal sb to digi youth recently
Online

 

[Cc_creditguy]

Y.e s .
U can
.i changed from normal sb to digi youth recently
Online

Okk my account is salary account what should I do now ??

 

[varun__goel_]

i think dc annual fee
When you open an online savings account in HDFC Bank, HDFC offers Millenia DC which is free for the first year.

Nhi, dc fees to lgegi

I would recommend not take any chance and maintain mab. Though it will remain 0 for few months, but you won't get to know when it is restored to original mab. For me it changed within 5-6 months

 

[Vasuki]

Okk my account is salary account what should I do now ??

https://applyonline.hdfcbank.com/xpressway.html?icid=hdfc_now_xpressway

Check this
Login with number otp
Go to account variant chnage

 

[varun__goel_]

Okk my account is salary account what should I do now ??

When you have salary account then why you want to make it a savings acc🙂

 

[Cc_creditguy]

When you have salary account then why you want to make it a savings acc🙂

Coz it's a 10k account ri8 ??

 

[varun__goel_]

Coz it's a 10k account ri8 ??

Salary is 0mab brother afaik🙂

 

[Cc_creditguy]

Salary is 0mab brother afaik🙂

Ohh it thought it's a 10k mab acc 🥲

 

[Vasuki]

Ohh it thought it's a 10k mab acc 🥲

Untill u r receiving salary its zero Balance.
Every salary account ( if categorzied as salary account) its zero balance.

If u just get salary & didn't convert then u might have to maintain