HDFC Institutional Savings Account

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HDFC Institutional Savings Account

Manage funds seamlessly with the Institutional Savings Account. Enjoy high-interest rates, bulk transaction benefits, and secure banking for institutions.

  • cheque availibilty
  • penalty for nonmaintenance
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Details for HDFC Institutional Savings Account

The Institutional Savings Account is designed for organizations, NGOs, and institutions, offering secure banking with high-interest rates and bulk transaction facilities. Enjoy seamless fund management, easy withdrawals, and exclusive benefits tailored to institutional needs, ensuring smooth financial operations.

₹
Interest Rate

3.50% p.a

₹
Withdrawal Limit

Not available

₹
Transaction Limit

Not available

Minimum Balance Required

  • Nil

Additional Benefits

  • Free & unlimited Demand Drafts at HDFC Bank locations
  • Payable at Par cheque book with no usage charge
  • Free Outstation Cheque Collection at HDFC Bank locations across the country
  • Manage collections of fees, donations etc. through various online modes by providing HDFC Bank Collect Now which enables online and offline collection modes.
  • You can also use our vast branch network for collection of donations, fees etc.
  • Online payments like salary payments, vendor payments etc. can be facilitated through our corporate payment portal
  • Easy banking with facilities like NetBanking, PhoneBanking and MobileBanking that allow you to check your account balance, pay utility bills, or even stop cheque payments via SMS
  • You can also avail free monthly account statements OR opt to avail daily / weekly /monthly statements on email.
  • Cash transactions up to ₹ 5 lac free per day; above ₹ 5 lac a charge of ₹ 5/- per 1,000/- will be levied on the full amount

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