HDFC Current Account


HDFC Current Account is a specialized banking solution designed for businesses, professionals, and entrepreneurs to manage high transaction volumes efficiently. It provides seamless banking services with exclusive benefits such as unlimited transactions, overdraft facilities, and digital banking solutions. Whether you are a startup, SME, or a large corporation, an HDFC Bank Current Account ensures smooth financial operations with flexible features and a variety of account options.

For businesses looking for a hassle-free HDFC Current Account Opening, HDFC Bank offers digital and branch-based solutions, including a zero balance current account in HDFC for eligible customers.


The HDFC Current Account offers high transaction limits, free digital banking, and benefits for businesses. With various account variants, it provides flexible cash deposit/withdrawal options, free NEFT/RTGS, and business debit card perks.

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Table of Contents:

Eligibility For HDFC Current Account

To open an HDFC Current Account, individuals and businesses must meet certain eligibility criteria. You are eligible if you fall under any of the following categories:

  • Resident Individual
  • Hindu Undivided Family (HUF)
  • Sole Proprietorship Firms
  • Partnership Firms
  • Limited Liability Partnership (LLP) Firms
  • Private and Public Limited Companies

Note: The Regular Current Account Variant is applicable only for Non-Metro Locations. For a smooth HDFC Current Account Opening Online, ensure you have the required KYC documents such as PAN Card, business registration proof, and address verification.

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Documents Required For HDFC Current Account

To open an HDFC Current Account, you must provide specific documents based on your business type. Below is the list of required documents:

1. Documents Required for Sole Proprietorship Firms

Document Type Accepted Documents
Government-Issued Documents Registration Certificate from Municipal Authorities (Shop & Establishment Certificate/Trade License)
Registration from Professional Regulatory Authorities (Chartered Accountants, Medical Council, etc.)
Registration from Food and Drug Control Authorities
Other Supporting Documents Latest Professional Tax/GST Returns filed in the firm’s name
TAN Allotment Letter (if the firm’s name appears in the address)
Bank Account Statement (last 6 months with satisfactory transactions)
Certificate from a Chartered Accountant confirming business existence

2. Documents Required for Limited Liability Partnership (LLP)

Document Type Accepted Documents
Business Registration Incorporation Document & LLP Agreement
Certification Certificate of Incorporation
Government Records List of Designated Partners (DPIN) issued by the Government
Internal Resolutions Board Resolution signed by Designated Partners
KYC Compliance KYC of Designated Partners/Authorized Signatories

3. Documents Required for Private & Public Limited Companies

Document Type Private Limited Company Public Limited Company
Business Registration Memorandum of Association (MOA) & Articles of Association (AOA) MOA & AOA
Certification Certificate of Incorporation Certificate of Incorporation & Certificate of Commencement of Business
Directors List Latest Director List signed by an authorized signatory Latest Director List signed by an authorized signatory
Internal Resolutions Board Resolution (BR) authorizing account opening Board Resolution (BR) authorizing account operations
Regulatory Compliance INC-21 & INC-20A (if applicable) INC-21 & INC-20A (if applicable)

4. Documents Required for Individuals

Individuals can apply for an HDFC Individual Current Account by providing proof of identity and address.

Document Type Accepted Documents (Any One Required)
Proof of Identity Passport (Not Expired)
PAN Card
Voter ID
Aadhaar Card (Biometric or OTP-based e-KYC)
Photo ID issued by Government or Regulatory Bodies
Proof of Address Passport (Not Expired)
Driving License (Not Expired)
Voter ID
Aadhaar Card (older than 30 days) or e-KYC
Utility Bill (Electricity, Telephone, Gas - not older than 3 months)

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HDFC Current Account Fees & Charges

The fees and charges associated with an HDFC Current Account vary depending on the type of service and transaction. Below is a detailed breakdown:

1. Account Services

Service Charges
Balance Inquiry Free
Cheque Status per Instance Free
Balance Confirmation Certificate & Interest Certificate ₹100
Signature, Photograph Verifications ₹100
TDS Certificate & Address Confirmation Free

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2. Transactions Through Phone Banking

Service Charges
IVR & Non-IVR (Agent Assisted) Free
Re-generation of IPIN (Physical Dispatch at Branch) ₹40 per request

3. Bill Pay and InstaAlert Services

Service Charges
Bill Pay Free
Email InstaAlert Free
SMS InstaAlert Free (except for Regular & Premium Variants: 20 paise/SMS, charged monthly)

4. Duplicate/Adhoc Statement Requests

Request Mode Charges
Through Direct Banking Channels (NetBanking, Mobile Banking, Phone Banking-IVR, ATM) ₹50 per statement
At Branch or Phone Banking (Non-IVR) ₹100 per statement at Branch, ₹75 through Phone Banking (Non-IVR)

5. Doorstep Banking (Cash Pickup Limit & Charges)

Cash Pickup Limit Charges per Pickup
Up to ₹1,00,000 ₹200 per pickup
₹1,00,000 – ₹2,00,000 ₹225 per pickup
₹2,00,000 – ₹4,00,000 ₹350 per pickup

Note: Cash pickup beyond these limits can be arranged at select locations. Contact your branch for more details.

6. Debit Card Charges (For Individuals & Sole Proprietors)

Feature EasyShop Business Debit Card ATM Card
Annual Fee per Card ₹250 Free
Daily ATM Withdrawal Limit ₹1,00,000 ₹10,000
Daily Merchant POS Limit ₹5,00,000 NA

Note: Available for partnership firms & limited company current accounts. If the Mode of Operation (MOP) is conditional, all Authorized Signatories must sign the form jointly.

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Features of HDFC Current Account

The HDFC Current Account offers a range of banking solutions tailored for businesses, professionals, and entrepreneurs, ensuring seamless transactions, high cash deposit limits, and exclusive digital banking benefits.

  • Free Non-Cash Services – Free local/intercity cheque collection, RTGS/NEFT transactions, and fund transfers within HDFC Bank.
  • High Cash Deposit Limit – Deposit up to ₹2 lakhs free per month at HDFC Bank branches.
  • 24/7 Digital Banking – Access account via NetBanking, Mobile Banking, and PhoneBanking with InstaAlert updates.
  • Doorstep Banking – Secure cheque and cash pickup/delivery through authorized agencies.
  • Business Debit Card Benefits – Up to ₹9,000 Cashback, airport lounge access, and ₹1 crore air travel insurance.
  • Security & Protection – ₹10 lakh accidental insurance and ₹5 lakh online shopping protection.

HDFC Current Account For SMEs

HDFC Bank offers a variety of Current Accounts for SMEs to cater to different business needs. These accounts come with features like high cash deposit limits, free transactions, and additional benefits for specific industries. Below is a list of all SME current accounts offered by HDFC Bank.

List of HDFC SME Current Accounts

Current Account Type Key Features
Max Advantage Current Account Dynamic pricing, deposit & withdrawal up to 12 times AMB, unlimited NEFT/RTGS/IMPS
Ascent Current Account Cash deposit & withdrawal up to 10 times AMB, free DD/PO for 1 lac balance, AQB waiver on POS transactions
Activ Current Account Same as Ascent with additional speed clearance benefits
Plus Current Account Free cash deposit up to ₹10 lakhs, faster realization of outstation cheques
Premium Current Account Free cash deposit up to ₹3 lakhs/month, ₹25,000 daily withdrawal at non-home branches

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1. Max Advantage Current Account

Designed for businesses looking for cost-efficient banking with dynamic pricing benefits.

Feature Details
Dynamic Pricing Ensures cost-efficiency with increased transaction volume
Cash Deposit & Withdrawal Up to 12 times the Average Monthly Balance (AMB) at any HDFC branch
NEFT/RTGS/IMPS Unlimited free transactions
AQB Waiver On quarterly volumes through POS/SmartHub Payment Gateway

2. Ascent Current Account

Ideal for businesses requiring high-volume transactions and cheque handling.

Feature Details
Transaction Benefits Cash deposit & withdrawal up to 10 times AMB
Free DD/PO 30 free per month for every ₹1 lakh balance
AQB Waiver On ₹3 lakh quarterly volumes via POS/SmartHub Payment Gateway

3. Active Current Account

It offers similar benefits to Ascent but with faster cheque clearance.

Feature Details
Dynamic Pricing Ensures cost-efficiency at all times
Cheque Benefits Faster realization of outstation cheques

4. Plus Current Account

Best suited for businesses with high cash deposit requirements.

Feature Details
Cash Deposit Limit ₹10 lakhs per month
Withdrawal Benefits Free home branch cash withdrawal, up to ₹1 lakh at non-home branches
Cheque Benefits Faster realization for outstation cheques

5. Premium Current Account

Offers higher withdrawal and deposit limits for businesses.

Feature Details
Cash Deposit Limit ₹3 lakhs per month or 25 transactions
Withdrawal Limit ₹25,000 per day at non-home branches
Cheque Book Free 100 leaves per month

6. Regular Current Account

A basic business account with free transactions and cheque collection.

Feature Details
Cash Deposit Limit ₹2 lakhs per month
Free Transactions Free local/intercity cheque collection & payments
Alerts InstaAlert service for transaction updates

7. Startup Current Account

Ideal for new businesses and startups with zero non-maintenance charges.

Feature Details
Zero Charges No non-maintenance charges for the first 4 quarters
Startup Offers Exclusive benefits for startup businesses

8. Saksham Current Account

Designed for businesses with fluctuating transaction volumes.

Feature Details
Zero Maintenance No charges for 2 years
High Cash Deposit Limit ₹50 lakhs per month

9. E-Comm Current Account

Designed for e-commerce businesses with high transaction volumes.

Feature Details
Cash Deposit Limit ₹3 lakhs or 6 times AMB
High Withdrawal Limit ₹10 lakhs per day

10. Current Account for Professionals

This current account is suitable for consultants, freelancers, and professionals with high deposits.

Feature Details
Cash Deposit Limit ₹10 lakhs per month
Free Cheque Books Payable-at-par cheque books

11. Agri Current Account

This current account is designed for agriculture-based businesses.

Feature Details
Cash Deposit Limit ₹10 lakhs per month
Withdrawal Benefits Free home branch cash withdrawal

12. Institutional Current Account

Ideal for NGOs, trusts, and societies with no minimum balance requirements.

Feature Details
Cash Deposit Limit ₹50 lakhs per month
Zero Balance No average balance requirement

13. RFC - Domestic Account

This current account is suitable for businesses dealing in foreign exchange.

Feature Details
Multi-Currency Holding USD, EUR, GBP
Preferential Conversion Rates For local currency conversion

14. EEFC - Exchange Earners Foreign Currency Account

This current account is designed for businesses earning in foreign currencies.

Feature Details
Multi-Currency Holding Retain earnings in foreign currency
Conversion Benefits Preferential exchange rates

HDFC Current Account Variant Calculator

The HDFC Current Account Variant Calculator is a smart tool that helps businesses find the most suitable HDFC Current Account based on their annual turnover, industry segment, or transaction type. This interactive tool simplifies the selection process by providing instant recommendations tailored to your business needs.

Image shows of Interactive HDFC Current Account Variant Calculator for businesses

Steps to Use the HDFC CA Variant Calculator

  1. Visit the Calculator Page: Go to the HDFC CA Variant Calculator.
  2. Choose Your Selection Criteria:
    • Select "Annual Turnover and Segment" to get recommendations based on your revenue and industry.
    • Or choose "Transaction Type" to find an account based on cash deposits, withdrawals, or digital banking needs.
  3. Enter Business Details:
    • For Annual Turnover & Segment:
      • Choose your business segment (e.g., SME, corporate, service provider).
      • Select your annual turnover (e.g., Up to ₹50 lakh, ₹50 lakh - ₹5 crore, Above ₹5 crore).
    • For Transaction Type:
      • Select the most frequent transactions your business requires (e.g., cash deposits, withdrawals, digital transactions).
  4. Click on "Suggest Accounts"
    • The tool will instantly display the best-suited HDFC Current Account based on your inputs.
  5. Apply Online: Review the recommended account variants and proceed with HDFC Current Account Opening Online or explore additional details.

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Frequently Asked Questions

Individuals, sole proprietors, partnerships, LLPs, private/public limited companies, trusts, and associations can open an HDFC Current Account with valid KYC documents.

The minimum balance varies by account type, ranging from ₹10,000 to ₹5,00,000. Some variants, like the Startup Current Account, offer zero balance facilities.

Yes, non-maintenance charges apply, varying by account type. Some accounts, like Saksham and Startup Current Accounts, have waived charges for a specific period.

Free RTGS/NEFT, high cash limits, business debit card benefits, digital banking access, free cheque book.

Typically, 100 free cheque leaves per ₹1 lakh balance maintained, but it varies by account type.

Cash deposit and withdrawal limits depend on the account type. Some accounts offer up to ₹10 lakhs of free deposits per month, while non-home branch withdrawals may have limits or charges.

Yes, you can start the HDFC Current Account opening online through the HDFC website.

For individuals & proprietors: PAN, Aadhaar, Voter ID, or Passport. Businesses & LLPs need incorporation certificate, MOA/AOA, GST registration, partnership deed, and board resolution.

Yes, benefits include cashback on tax payments, free airport lounge access, zero maintenance for select accounts, and digital banking perks.

Use HDFC NetBanking, MobileBanking app, or InstaAlerts for real-time transaction updates, fund transfers, and account management.

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Please read the Terms & Conditions carefully as deemed & proceed at your own discretion.

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