- Can I close my HDFC Bank account with negative balance?
- How long does it take to close HDFC bank account?
- Can we close bank account online?
- What is the minimum balance charges in HDFC?
- Can I close my HDFC account online?
- Is there any charges for closing bank account?
- What happens if bank account is not used?
- Can a bank account be closed due to inactivity?
- Is HDFC zero balance account available?
- What is the charge for not maintaining minimum balance in HDFC?
- Is it compulsory to close bank account?
- Is it bad to close a bank account?
- Can I withdraw closing balance?
- Do I have to close my bank account when I leave Dubai?
- Can I open zero balance account in HDFC Bank?
Can I close my HDFC Bank account with negative balance?
Either manager will close the account or the account will be dormant…..
For account closure we need to make it positive, if do not want to close then no need to pay but your -ve amount will be increase month by month.
We may required hdfc in future for any loan so i think its better to pay and close the account..
How long does it take to close HDFC bank account?
Bank Will Verify all the Document You have Submitted along with the HDFC Closure Form. Once Verified, Your Account will be closed within 7 to 10 Working Days.
Can we close bank account online?
You cannot close your bank account online. You need to visit your home branch where you opened the account. So you need to walk into the home branch where you have an account and request them for account closure.
What is the minimum balance charges in HDFC?
Metro, Urban And Semi-Urban BranchesAverage Monthly Balance (AMB)Charges (excluding taxes)>=7,500 to < 10,000Rs. 150/-NA>=5,000 to < 7,500Rs. 300/-NA>=2,500 to < 5,000Rs. 450/-Rs. 150/-0 to < 2,500Rs. 600/-Rs. 300/-1 more row•Nov 15, 2019
Can I close my HDFC account online?
Note: You can’t close HDFC Bank account online, but account closure form can be downloaded online. To close your account in an easy way, ensure that you drain out all the funds parked in your account. … The balance in your account should be Zero. Now you can go to the nearest branch and approach the bank executive.
Is there any charges for closing bank account?
Generally, if an account is closed within 14 days of the opening of an account, banks don’t charge any additional charges. However, any closure of the account after 14 days but before a year might attract account closure charges. Also, closure of an account after 1 year normally does not attract closure charges.
What happens if bank account is not used?
If a current account or savings account is left inactive for a specified period of time it will be declared dormant by the bank, meaning it’s inactive or no longer in use. But if there’s any money left in it, you may still be able to track down the account and reclaim any funds.
Can a bank account be closed due to inactivity?
Yes, a bank can and often do close accounts for inactivity, usually after a certain period of time, typically 12 to 24 months. … Sometimes banks may close your account for inactivity without notice.
Is HDFC zero balance account available?
You can open a Savings Account, but you don’t have to maintain a minimum balance for it. Despite this, the bank will still provide the usual facilities that come with a regular Savings Account. As the name of the account implies, this is a zero-balance account. … Consequently, there is no penalty in case of zero balance.
What is the charge for not maintaining minimum balance in HDFC?
For savings account in metro cities, HDFC Bank may charge you as much as 600 rupees for not maintaining the minimum balance. With service Tax and other cess, the amount is more than Rs 600. The minimum balance limit in case of HDFC Bank is Rs 10,000 for urban branches and Rs 5,000 for semi-urban branches.
Is it compulsory to close bank account?
If your bank account is no longer useful, best is to close the account. The bank starts deducting charges for non maintenance of minimum balance. …
Is it bad to close a bank account?
Closing an account may save you money in annual fees, or reduce the risk of fraud on those accounts, but closing the wrong accounts could actually harm your credit score. … And consider keeping enough accounts open so your total balances on all open cards is less than 35% of the total credit limits.
Can I withdraw closing balance?
Withdrawal balance excludes pending transaction amount such as unprocessed transactions, yet to be cleared funds. Closing balance: A closing balance is the sum of the total available at the end of an accounting period / reporting period. This includes amount pertaining to pay order, cheque, demand draft, etc.
Do I have to close my bank account when I leave Dubai?
Bank accounts, credit cards and loans If you have outstanding debts you may not be able to leave the country or you may be stopped and arrested if you try to come back to, or even transit through the UAE. … Close any bank accounts if no longer required. Request a bank clearance letter for your employer.
Can I open zero balance account in HDFC Bank?
HDFC Bank zero balance savings account can be opened by any resident individual who is not having an existing relationship with the bank and do not have complete KYC. A zero balance basic savings account can be opened with HDFC Bank which will have certain transactional and operational limits.