HDFC Bank higher transaction costs ahead: Cash transactions, NEFT, IMPS charges from August 1, 2025

After ICICI Bank hiking savings account average minimum balance for new customers in metros, HDFC Bank has announced a comprehensive revision of service charges, impacting cash transactions, cheque services, certificate issuance, and electronic fund transfers. The changes include reduced free transactions, increased per-transaction charges, and revised fees for NEFT, RTGS, IMPS, and ECS/ACH returns, with differentiated rates for senior citizens and premium account holders.

The revision in fees and charges for savings, salary, and NRI accounts, is effective from August 1, 2025.
HDFC Bank customers will get 4 free cash transactions per month; beyond this, a charge of Rs 150 per transaction will apply. The free monthly value limit for self and third-party transactions at any branch has been reduced from Rs 2 lakh to Rs 1 lakh per account. Beyond this limit, charges will be Rs 5 per Rs 1,000 or part thereof, subject to a minimum of Rs 150. The third-party daily cash transaction limit is Rs 25,000 per day at any branch; transactions above this amount are not permitted.

Also read: Has ICICI Bank taken a U-turn on Rs 50,000 monthly average balance? Here’s what it’s website shows

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Balance Certificate, Interest Certificate charges

Earlier, balance certificate, interest certificate, and address confirmation were free of charge, while old records, copy of paid cheques cost Rs 80 for regular customers and Rs 72 for senior citizens. Now, effective per instance, the charge for all these services is Rs 100 for regular customers and Rs 90 for senior citizens when availed physically at branch premises.

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ECS/ACH return charges

From August 1, 2025, the charges have been revised to Rs 500 for the 1st return (Senior Citizen – Rs 450) and Rs 550 for the 2nd return onwards (Senior Citizen – Rs 500).

Also read: ICICI Bank’s hike in monthly average balance: How it compares with other private and PSU banks

Earlier, the charges were Rs 450 for the 1st return (Senior Citizen – Rs 400), Rs 500 for the 2nd return (Senior Citizen – Rs 450), and Rs 550 from the 3rd return onwards (Senior Citizen – Rs 500).

HDFC Bank cheque return charges

For cheque return charges for financial reasons, the charges are Rs 500 for the first return (Rs 450 for senior citizens) and Rs 550 for the second return onwards (Rs 500 for senior citizens).
If a cheque is returned for technical reasons, the charge is Rs 50 (Rs 45 for senior citizens). Technical cases refer to missing date, post-dated cheques, or signature mismatch.

RTGS transaction through branch

Earlier, RTGS charges were Rs 15 for transactions of Rs 2 lakh and above (Rs 13.5 for senior citizens). Now, they are Rs 20 for transactions between Rs 2 lakh and Rs 5 lakh (Rs 18 for senior citizens) and Rs 45 for transactions above Rs 5 lakh (Rs 40.5 for senior citizens).

NEFT transaction through branch

From August 1, 2025, the revised charges will be as follows
Up to Rs 10,000 – Rs 2 (Rs 1.80 for senior citizens),
Rs 10,000 to Rs 1 lakh – Rs 4 (Rs 3.60 for senior citizens),
Rs 1 lakh to Rs 2 lakh – Rs 14 (Rs 12.60 for senior citizens),
Above Rs 2 lakh – Rs 24 (Rs 21.60 for senior citizens).

Earlier, NEFT transactions through branches were charged at Rs 2 (Rs 1.80 for senior citizens) for amounts up to Rs 1 lakh and Rs 10 (Rs 9 for senior citizens) for amounts above Rs 1 lakh .

Online IMPS transaction

From August 1, 2025, the revised charges will be: For amounts up to Rs 1,000 – Rs 2.50 for regular customers and Rs 2.25 for senior citizens; Rs 1,000 to Rs 1 lakh – Rs 5 for regular customers and Rs 4.50 for senior citizens; and above Rs 1 lakh – Rs 15 for regular customers and Rs 13.50 for senior citizens. Speciale Gold/Platinum account holders will continue to enjoy NIL charges.