HDFC Bank has implemented new rules for its savings and salary accounts, which may affect the pockets of small and middle class customers. From now on, the rules for cash transactions i.e. depositing and withdrawing cash in the bank have changed.
Earlier, cash transactions up to Rs 2 lakh per month were free, but now this limit has been reduced to Rs 1 lakh. Apart from this, only 4 cash transactions per month will be free. If you deposit or withdraw more than this, then a fee of Rs 150 will have to be paid each time. These changes have come into effect from August 16, 2025.
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There will be a charge of Rs. 5.
If you make a cash transaction of more than Rs 1 lakh, there will be a charge of Rs 5 for every Rs 1,000, but a minimum of Rs 150 will have to be paid. If you are depositing money into someone else’s account, i.e. third-party transactions, then you can deposit a maximum of Rs 25,000 in a day. If you deposit more than this, there will still be a fee of Rs 150. These rules can be a hassle for people who frequently visit banks to deposit or withdraw cash.
Changed charges for fund transfers
HDFC has also changed the charges for fund transfers. If you send money through NEFT, the fee will be Rs 2 for up to Rs 10,000, Rs 4 for Rs 10,000 to Rs 1 lakh, Rs 14 for Rs 1 lakh to 2 lakh and Rs 24 for more than Rs 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 transfers, 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 Rs 1 lakh.
Changes in rules related to chequebooks
The rules for cheque books have also changed. Now in a savings account, only one cheque book of 10 pages will be available free in a year, earlier a cheque book of 25 pages was available free. After this, Rs 4 will have to be paid for each additional page. Senior citizens will get a small discount in this. If you take a balance certificate, interest certificate or confirmation of address, then a fee of Rs 100 will be charged for it. For senior citizens, it is Rs 90. Rs 80 will have to be paid for a copy of old records or cheques.
Expenses for senior citizens
If your cheque is returned for any reason, such as insufficient funds, then a charge of Rs 450 will be levied for the first time, Rs 500 for the second time and Rs 550 for the third time. This charge is slightly less for senior citizens. However, IPIN regeneration has now been made free, earlier it cost Rs 40.
These new rules will mostly affect customers who visit banks frequently and transact in cash. 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.
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