How To Close HDFC Bank Account | Online OR Without Visiting Branch | Closure Charges

HDFC Bank was founded in the year 1994 by Hasmukh Thakordas Parekh. The Housing Development Finance Corporation (HDFC) starts operating as a commercial in January 1995. The registered head office of HDFC bank is in Mumbai. HDFC bank is famed for its service, but it comes at a high cost because you must keep a particular amount of money in your account on a regular basis. If you’ve had enough of paying non-maintenance fees, it’s definitely time to terminate your HDFC Bank Account. The procedure of closing an account is really straightforward, and you can close your HDFC account in just a few steps. Here we are sharing steps on How to Close HDFC Bank Account.

Close HDFC Bank Account

You have previously opened savings, current, FD, or RD account with HDFC. If you’re looking for ways to terminate your HDFC account both online and offline, here’s a fast guide on “How to Close HDFC Bank Account online and offline?”

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How To Close HDFC Bank Account

You can easily close your account offline by going to your local HDFC branch. It is suggested that you go to the local branch. To close your account, complete the instructions below.

HDFC account termination form
  • Print the form after that.
  • Fill in all of the essential information on the form, such as account number, name, and address.
  • Double-check that you’ve entered all of the information accurately.
  • Sign the declaration of account closure form.
  • You must have a photo ID, a bank passbook, a checkbook, and an ATM card with you.
  • Withdraw any funds that are available in your account. On the last day of the month, the account must have a zero balance.
  • Hand over the completed paperwork to the bank staff. They will properly guide you through the rest of the process. This is how you can HDFC Bank Account

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How Do I Close My HDFC Bank Account Online?

Customers of HDFC Bank are not permitted to terminate their accounts online.

How Can You Close Your HDFC Bank Account If You Have A Negative Balance?

You can close your account with a negative balance using the same procedure as before. Continue with the same steps until you reach step 7. To verify that the account has zero balance, you must clear the negative balance by transferring or depositing an equal amount. Now complete Step 8.

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How Can I Close My HDFC Bank Account Without Going To A Branch?

It is always advised that you terminate your account at the nearest branch. If you are unable to visit the bank, you can mail your account closure application to the nearest or home HDFC branch via postal or courier service.

How Can I Close My HDFC Bank Account On The Internet?

Through Net banking, you can close your account. HDFC has announced that it will not be able to process any net banking account closure requests.

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How to Close HDFC Account Online with a Negative Balance?

You won’t be able to terminate your account online if you have a negative balance. To make the amount zero, you can make an online money transfer into the account. However, you must visit the branch to finish the account closure process and submit the account closure form.

HDFC Account Closure Charges

If someone wants to close his / her HDFC bank account within 14 days of opening, then there will be no charge for it. But in case, if the account remains open for more than 14 days and less than 12 months, and now you want to close it, then you will be charged a number of rupees 500 or the amount of money in your account whichever is less.

Time periodCharges
14 Days of Account OpeningNill
15 Days -12 Months of Account Opening.Rs.200 or balance in the A/c (whichever is lower)
12 Months after Account OpeningNill

Frequently Asked Questions (FAQ’s)

How do I close my HDFC bank account with a negative balance online?

With one additional step, repeat the above steps for account closure. This stage is depositing or transferring an equal amount to your negative account to bring your account balance to zero.

What is the procedure for closing my HDFC bank account online?

Your HDFC account cannot be closed online.

How can I close my HDFC account without having to go to a branch?

You can close your account without going to the bank by mailing or couriering an account closure application to the nearest or home branch.

What is the procedure for closing an HDFC bank account with a negative balance?

You must eliminate the negative balance so that your account closes with a zero balance. To complete the process, go to the nearest branch, fill out the account closure form, and follow the bank authorities’ instructions.

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