How to open HDFC Bank savings account online

How to open HDFC Bank savings account online

New Delhi: Anybody can open an HDFC Bank savings account online. There are up to 17 different types of savings accounts on offer by the private lender. These are tailored according to factors like gender, age, etc of account holders. One may open any of these types according to one’s needs.

HDFC Bank FD rates

HDFC Bank savings account interest rate

Currently, account holders get 3 per cent interest rate on savings accounts with HDFC Bank for balances of less than Rs 50 lakh. While, for balances above Rs 50 lakh, the private lender pays 3.50 per cent interest. This can be found in the following table: 

Savings Bank balance
Revised Rate w.e.f 11th June, 2020

Rs. 50 lakh and above
3.50%

Below Rs 50 lakh
3.00%

Documents needed for HDFC Bank savings account opening

Aadhaar
PAN Card
Mobile Number

How to open HDFC Bank Savings Account online?

Visit the website of the HDFC Bank to open a savings account. Follow these steps for HDFC Bank account opening online process:

Go to  www.hdfcbank.com/personal/save/accounts/savings-accounts
Select the type of savings account you want to open
Click on ‘Open Instantly’
Opt for Video KYC and verify yourself online. An HDFC Bank official will contact you on a video call and verify your documents.
A Savings account will be opened in your name
After that the lender will send your Debit Card in next 15 – 25 days.
Along with the plastic money, you will also get a Customer ID and account number.
Log into net banking and create password. And you are all set to operate your savings account.

Latest bank FD rates

HDFC Bank savings account minimum balance

The minimum balance requirement varies with different types of savings accounts and the location of the account holder.

For instance, if you want to open an HDFC Bank Regular Savings Account, then, a minimum initial deposit of Rs 7,500 is required if the branch is in urban India.
The minimum balance requirement is Rs 5,000 if you open the account at semi-urban branches.
The minimum balance requirement is Rs 2,500 in case of rural branches.

 HDFC Bank savings account opening online: Here’s how you can open a new bank account with HDFC Bank. Know interest rate offered.  Personal Finance Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today