How do we check monthly average balance in HDFC Bank?

[crazyuploader]

Hello,

I've been trying to check monthly average balance for quite a while now, and for some reason I'm not able to get any option in HDFC Bank Mobile app or its NetBanking. Any place where I'm missing? Or HDFC Bank shows monthly average balance at all?

Regards.

 

[Tejo]

Hello,

I've been trying to check monthly average balance for quite a while now, and for some reason I'm not able to get any option in HDFC Bank Mobile app or its NetBanking. Any place where I'm missing? Or HDFC Bank shows monthly average balance at all?

Regards.

In net banking, mobile app

Currently for new young customers they are not charging I.e no mab

 

[Tejo]

Hello,

I've been trying to check monthly average balance for quite a while now, and for some reason I'm not able to get any option in HDFC Bank Mobile app or its NetBanking. Any place where I'm missing? Or HDFC Bank shows monthly average balance at all?

Regards.

1. Login to net banking
2. Click on account number

1. Login
2. Account summary
3. Expand total available balance. |>
4. Click on account number

 

[Rohith_Kumar_Sp]

1. Login to net banking
2. Click on account number

1. Login
2. Account summary
3. Expand total available balance. |>
4. Click on account number

It shows the avg balance to maintain 0

But I want to see the monthly avg balance.

 

[Rohith_Kumar_Sp]

Calculate yourself.
Pick a Calculator , in less than 5 minutes Your AMB will be visible on Calculator Screen

How would I possible know what my balance is everyday of the year to calculate? And doing it for 336 days, seems too much work.

 

[VISHESH_BANSAL]

How would I possible know what my balance is everyday of the year to calculate? And doing it for 336 days, seems too much work.

I thought you want to know for a particular month like Previous Month.

End of the day balance is available in statement.

You just need to waste 30 minutes for calculating AMB of 12 months.
And another 5-10 minutes to download required statements

 

[saucy]

@Rohith_Kumar_Sp brother, of your looking for account upgrade, don't need to check for whole year, Bansal bhai wala method is fine there.
For whole year - AYB would be there, but nobody tracks it.
if you still want it, call you RM or phone banking agent.
apparently this type of fuddu work is what RMs are best at

 

[Rohith_Kumar_Sp]

I though you want to know for a particular month like Previous Month.

End of the day balance is available in statement.

You just need to waste 30 minutes for calculating AMB of 12 months

Is wish there we a way to get chatgpt to take input and do this with a a prompt lol.

 

[pprakash11]

Is wish there we a way to get chatgpt to take input and do this with a a prompt lol.

Chat GPT will leak your account balance, lol.

 

[saucy]

Is wish there we a way to get chatgpt to take input and do this with a a prompt lol.

It's there. It's called chat gpt4

 

[saucy]

Chat GPT will leak your account balance, lol.

It'd laugh first.

(Not on you rohith Bhai, on whoever uses it for this)

 

[VISHESH_BANSAL]

@Rohith_Kumar_Sp brother, of your looking for account upgrade, don't need to check for whole year, Bansal bhai wala method is fine there.
For whole year - AYB would be there, but nobody tracks it.
if you still want it, call you RM or phone banking agent.
apparently this type of fuddu work is what RMs are best at

Correct use of RM defined by @saucy

Insurance Poilcy️
Credit Card️
To find AMB️

 

[crazyuploader]

In net banking, mobile app

Currently for new young customers they are not charging I.e no mab

Is this some offer or something? I'm seeing 0 required MAB from past 3 months or so. And also I don't mean that one, I mean my average balance for a month. Weird we can't see in HDFC Bank

 

[crazyuploader]

Calculate yourself.
Pick a Calculator , in less than 5 minutes Your AMB will be visible on Calculator Screen

So basically we have to calculate ourselves, what a pain

 

[Tejo]

Is this some offer or something? I'm seeing 0 required MAB from past 3 months or so. And also I don't mean that one, I mean my average balance for a month. Weird we can't see in HDFC Bank

Several it shows 0 only.

I opted digi savings ac I.e 5k ac.

I didn't maintained 5k on Average in a both, at they didn't charged any fee.

 

[crazyuploader]

Several it shows 0 only.

I opted digi savings ac I.e 5k ac.

I didn't maintained 5k on Average in a both, at they didn't charged any fee.

I'm holding a SavingsMax account with them, and just yesterday I had withdrew 3k which got my balance to like 23k, deposited those 3k in an hour or two making my balance once again over 25k. I worried my MAB might fall under 25k for this month and here you're telling they didn't charge you anything!

BTW I heard day's end balance is considered for the day, is it true? So like if I take out money in the daytime and by evening deposit back, I should be fine

 

[VISHESH_BANSAL]

BTW I heard day's end balance is considered for the day, is it true? So like if I take out money in the daytime and by evening deposit back, I should be fine

Yes It is fine, but do not do such withdrawals/deposits midnight I.e just before 12 AM

 

[Tejo]

I'm holding a SavingsMax account with them, and just yesterday I had withdrew 3k which got my balance to like 23k, deposited those 3k in an hour or two making my balance once again over 25k. I worried my MAB might fall under 25k for this month and here you're telling they didn't charge you anything!

BTW I heard day's end balance is considered for the day, is it true? So like if I take out money in the daytime and by evening deposit back, I should be fine

Hdfc still follows old aged method.

Only day end I.e 23:59 balance will be considered as average balance of the day. Even the hdfc says this type method only to calculate mab.

https://www.hdfcbank.com/personal/tools-and-calculators/amb-calculator

You are max ac, once ask rm

 

[VISHESH_BANSAL]

Hdfc still follows old aged method.

Only day end I.e 23:59 balance will be considered as average balance of the day. Even the hdfc says this type method only to calculate mab.

https://www.hdfcbank.com/personal/tools-and-calculators/amb-calculator

You are max ac, once ask rm

What is the new age method to calculate AMB ? Explain (20 Marks)

 

[Tejo]

What is the new age method to calculate AMB ? Explain (20 Marks)

In the old method, whole average day balance are not considered.

In New method, mab is average of whole average day balance of days of a month.

Hour, minutes, milliseconds balance are also considered.

For example federal neo banking jupiter, considers hourly balance.