The account holder can download the HDFC Bank account closure form online and fill it with all the relevant details. But they'll be required to visit the branch with the form and documents to close their bank account. The closure process cannot be completed online.
Is there any charges to close HDFC bank account?
According to the HDFC Bank website, for closure of savings account, the Bank customer, depending on the nature and tenure of his account, will have to pay a fee of Rs500 and if the average monthly balance falls below Rs20,000 in non-urban centres, it will charge Rs500 a month.
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Can I close my HDFC account with negative balance?
You won't be able to terminate your account online if you have a negative balance. To make the amount zero, you can make an online money transfer into the account. However, you must visit the branch to finish the account closure process and submit the account closure form.
View complete answer on www.dochub.com
Is there any charges to close HDFC Bank account?
According to the HDFC Bank website, for closure of savings account, the Bank customer, depending on the nature and tenure of his account, will have to pay a fee of Rs500 and if the average monthly balance falls below Rs20,000 in non-urban centres, it will charge Rs500 a month.
View complete answer on www.dochub.com
Can a bank account be closed permanently?
Businesses that provide bank accounts are generally entitled to close them – just as their customers are. But you should treat your customers fairly. You shouldn't close an account because of unfair bias or unlawful discrimination. And you shouldn't usually close an account without giving reasonable notice.
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What happens if HDFC balance is not maintained?
For insufficient balances in standard savings accounts held at HDFC Bank's metro, urban, and semi-urban branches, there is a fine of between Rs. 150 and Rs. 600 (excluding of taxes).
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Can I close HDFC account online?
Currently, you can not close your bank account online. However, you can download the account closure form from the HDFC website and visit the branch to close your account.
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How do I permanently close my bank account?
Cancel your bank account. Many financial institutions allow you to do this online, but it could require a phone call to customer service or a visit to a local bank branch. Some banks and credit unions may require you to fill out an account closure request form or submit a written request.
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Can I close my bank account anytime I want?
You can close most bank accounts whenever you like without being charged. It's usually just a case of getting in touch with your bank. But if you're overdrawn, you'll have to pay off what you owe.
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Can I close my account with negative balance?
If your account is in the negative, the bank typically will not allow you to close the account. If the balance remains negative for long enough, however, the bank might decide to close the account and send the unpaid balance to collections.
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How can I close my HDFC account with minus balance?
You won't be able to terminate your account online if you have a negative balance. To make the amount zero, you can make an online money transfer into the account. However, you must visit the branch to finish the account closure process and submit the account closure form.
View complete answer on www.dochub.com
Is there any charges for closing HDFC Bank account?
This article gave you a clear insight into the HDFC Bank Account Closure Charges. Though, HDFC bank does not charge its customers any closing amount if its account holder closes his bank account within fourteen days of opening or after a period of one year.
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