How much initial funding required for HDFC Savings Max account ?

[CreditLife]

What is the initial funding required to open HDFC Savings Max account ? Bank representative have asked for 5 lakhs initial funding but didn't find anything on the website.

Savings Max Account - Open Savings Max Account for Max Savings with HDFC Bank

HDFC Bank Offers Savings Max Account with Max Savings and high interest rate that helps you save more money. Apply Online to open your savings max account at HDFC Bank.

www.hdfcbank.com

 

[cleverpappu]

25K MAB updation can take upto two months

 

[SahilKr24]

Yes, I also called customer care and they said in their system kyc is done and all pan photo and signature are visible, still I was apprehensive as the mb showed kyc as pending. Seems like a common problem now. Will wait this saturday and update on what happens with welcome kit. I need the debit card to enable TPT it seems.
Still have to see when nb updates to reflect 25K MAB and all.

Update: Today I got sms on how to set atm PIN, and when I checked in mb, kyc status is showing Y.
No sms about welcome kit yet

 

[varun__goel_]

Update: Today I got sms on how to set atm PIN, and when I checked in mb, kyc status is showing Y.
No sms about welcome kit yet

Wait till monday

 

[SahilKr24]

Wait till monday

Got the message about welcome kit being sent with debit card around 9pm but no awb tracking number. After KYC changed to Y everything is happening rapidly.

 

[Mysterio_6174]

I currently have a regular savings account and I'm a preferred program member. I'd like to open a Savings Max account. Is it possible to do this online? I'd like to maintain both accounts, the regular and the Savings Max. Will I need to undergo VKYC again since I already have a regular account?

 

[varun__goel_]

I currently have a regular savings account and I'm a preferred program member. I'd like to open a Savings Max account. Is it possible to do this online? I'd like to maintain both accounts, the regular and the Savings Max. Will I need to undergo VKYC again since I already have a regular account?

Better to open offline if second a/c.

 

[cleverpappu]

Got the message about welcome kit being sent with debit card around 9pm but no awb tracking number. After KYC changed to Y everything is happening rapidly.

Call customer care to get AWB no

 

[vine]

@Rkr
With zero charges for EasyShop/Millenia debit card, which salary/savings account we can open with HDFC bank?

 

[Rkr]

@Rkr
With zero charges for EasyShop/Millenia debit card, which salary/savings account we can open with HDFC bank?

If your salary is between 15k to 1Lac then the will give you Regular saving account and if above 1Lac then Classic Salary account.All salary account varriant comes with zero AmB..

 

[shivamk]

Bank representative has contacted me few days back so as a courtesy I have reached out. After the confirmation from rkr bro I have opened the account online 🚀

The local branch executive asked me 5L FD as well and then said least we can do is 3L FD. I denied as I want to park minimum funds in FD. I have two doubts regarding online application:

1. Is there a way I can choose Millennia Debit card rather than the Platinum one, while applying itself or they will send Platinum by default and I wil lgave to close it and get Millennia?

2. If I choose 1L/1.5L FD route will it allow me to choose FD tenure since HDFC is offering better interest rates on 2 years FD?

Can someone please help with this?

 

[dadofjohnwick]

The local branch executive asked me 5L FD as well and then said least we can do is 3L FD. I denied as I want to park minimum funds in FD. I have two doubts regarding online application:

1. Is there a way I can choose Millennia Debit card rather than the Platinum one, while applying itself or they will send Platinum by default and I wil lgave to close it and get Millennia?

2. If I choose 1L/1.5L FD route will it allow me to choose FD tenure since HDFC is offering better interest rates on 2 years FD?

Can someone please help with this?

take lite.
directly apply online. process was pretty smooth when i did a month back. once i got the netbanking details, just deposited 25k and that's it, I didn't have to do anything else.
welcome kit can take 7-10 days to come; but with savingsmax you get platinum by default.
however, once you setup your account; then there is an option to take the millenia dc; as a replacement for platinum dc.

 

[shivamk]

take lite.
directly apply online. process was pretty smooth when i did a month back. once i got the netbanking details, just deposited 25k and that's it, I didn't have to do anything else.
welcome kit can take 7-10 days to come; but with savingsmax you get platinum by default.
however, once you setup your account; then there is an option to take the millenia dc; as a replacement for platinum dc.

Awesome, does net banking provide an option to choose FD instead of initial funding?

 

[varun__goel_]

Awesome, does net banking provide an option to choose FD instead of initial funding?

There's no requirement of IF while opening account online. You have trf money after acc is opened

If you want go via FD route, just open account and do a FD as per requirement. Nothing else has to be done. You can choose your own tenure, but IG min is 6 months for MAB waiver. Just after creating FD, shoot a mail confirming waiver of MAB in lieu of FD

 

[shivamk]

There's no requirement of IF while opening account online. You have trf money after acc is opened

If you want go via FD route, just open account and do a FD as per requirement. Nothing else has to be done. You can choose your own tenure, but IG min is 6 months for MAB waiver. Just after creating FD, shoot a mail confirming waiver of MAB in lieu of FD

That sounds great. Thanks!

 

[varun__goel_]

That sounds great. Thanks!

Check soc once for min tenure.