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StartUp Current Account (HDFC Bank)

HDFC Bank · hdfc.bank.in Free Beginner India

HDFC Bank's current account for startups, with the fees on the page: an average quarterly balance of Rs 50,000 waived for the first 4 quarters and a non-maintenance charge of Rs 3,000 a quarter after that. A DPIIT certificate is asked for only if you have one.

  • The balance waiver lasts 4 quarters; budget for Rs 50,000 average balance from the fifth quarter.
  • Missing the balance costs Rs 3,000 a quarter, so set a reminder before the waiver ends.
  • The same page lists HDFC's collateral-free CGSS lending for DPIIT-recognised startups.
Open on hdfc.bank.in ↗

It answers 2 questions

  1. Which bank is best for a startup current account in India?
  2. How do I open a current account for my business?

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