I am planning to open an account in the HDFC Bank Limited and came to know about the No frills account on this bank. Will you provide basic details about No Frills Account of HDFC Bank along with Eligibility & Account Operation and also provide address and contact details of this bank?
HDFC Bank Limited is an Indian banking and financial services company headquartered in Mumbai, Maharashtra.
No Frills saving account details:
Eligibility & Account Operation
The following are eligible to open a ‘No Frills’ Savings Account:
Resident Individuals (sole or joint account).
Hindu Undivided Families.
No Initial Payment is required to open a ‘No Frills’ account and No Average Monthly Balance needs to be maintained.
Customer can open a No Frills Savings account if he:
Does not have a bank account & has an annual income of less than or equal to Rs. 50,000/- or
Does not have a bank account & is a beneficiary under a Government Welfare Scheme
HDFC Bank House
Senapati Bapat Marg,
Mumbai – 400 013.