HDFC Bank: HDFC Bank has implemented new rules for savings and salary accounts, which has increased the charges on cash transactions. Now 4 cash transactions every month will be free, and charges will be levied on more than Rs 1 lakh.
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HDFC Bank: HDFC Bank has implemented new rules for its savings and salary accounts, which can affect the pockets of small and middle class customers. From now on, the rules for cash transactions i.e. cash deposit and withdrawal in the bank have changed. Earlier, cash transactions up to Rs 2 lakh were free every month, but now this limit has been reduced to Rs 1 lakh. Apart from this, only 4 cash transactions will be free every month. If you deposit or withdraw cash more than this, then a fee of Rs 150 will have to be paid every time. These changes have come into effect from August 16, 2025.
A charge of Rs 5 will be levied
If you make a cash transaction of more than Rs 1 lakh, then a charge of Rs 5 will be levied on every Rs 1,000, but at least Rs 150 will have to be paid. If you are depositing money in someone else’s account, i.e. third-party transaction, then you can deposit a maximum of Rs 25,000 in a day. Even if you deposit more than this, a fee of Rs 150 will be charged. These rules can become a cause of trouble for those who frequently go to the bank to deposit or withdraw cash.
Charges for fund transfer changed
HDFC has also changed the charges for fund transfer. If you send money through NEFT, then a fee of Rs 2 will be charged for up to Rs 10,000, Rs 4 for Rs 10,000 to 1 lakh, Rs 14 for Rs 1 lakh to 2 lakh and Rs 24 for more than 2 lakh. For RTGS, you will have to pay Rs 20 for Rs 2 lakh to 5 lakh and Rs 45 for more than Rs 5 lakh. For IMPS transfer, the fee is Rs 2.50 for up to Rs 1,000, Rs 5 for Rs 1,000 to 1 lakh and Rs 15 for more than 1 lakh.
Changes in rules related to chequebook
The rules of chequebook have also changed. Now only one chequebook of 10 pages will be available free in a year in savings account, earlier 25 pages chequebook was free. After this, 4 rupees will have to be paid for every additional page. Senior citizens will get a little discount in this. If you take balance certificate, interest certificate or address confirmation, then a fee of 100 rupees will be charged for this. For senior citizens it is 90 rupees. For old records or copy of cheque, 80 rupees will have to be paid.
Charges for senior citizens
If your cheque is returned for any reason, such as due to less money, then a charge of 450 rupees will be levied for the first time, 500 rupees for the second time and 550 rupees from the third time. This charge is slightly less for senior citizens. However, IPIN regeneration has now been made free, earlier it used to cost 40 rupees.
These new rules will affect those customers more who frequently go to the bank and do cash transactions. If you are also an HDFC customer, pay attention to your spending and transaction habits so that you can avoid additional charges. You can reduce these charges by increasing the use of digital payments like UPI or net banking.
