How to check minimum balance required in HDFC in just 1 minute?

Every Bank now requires a Minimum Balance. Even a Basic savings account requires you to maintain an Average Monthly Balance. If you have an HDFC Bank account, you must know the minimum balance required to avoid charges. In this guide, we will see how to check Minimum balance required in HDFC bank account online.

What thing you should have to know minimum balance in HDFC?

1. You must know the HDFC customer ID or UserID to access Internet Banking.
2. You should also know HDFC Net banking Password. Forgot the password? Change your password by reading this guide.
3. You must have the HDFC App Quick Access PIN to log in to the app.

How to check Minimum balance required in HDFC?

You can check the Average Monthly balance (MAB) from internet banking and Mobile App.

Method 1 – How to check minimum balance required in HDFC using HDFC APP?

1. LOGIN to the HDFC Mobile App. If you haven’t registered on the app yet, follow this guide – How to register on HDFC mobile App.
2. Once you log in to the app, tap on the “Balance”.
3. Then select the “Show Account Details” option.
4. On the same page, you can now check the “Required Monthly Average Balance” in Rupees.

Also Read – How to see virtual debit card in HDFC bank online?

Method 2 – How to check minimum balance required in hdfc using Netbanking?

1. Open HDFC Bank website on your computer/smartphone browser – hdfcbank.com
2. Click on the LOGIN button to log in to your netbanking account.
3. Then enter Customer ID or User ID to log in.
4. Also, enter the correct HDFC netbanking Password.
5. Once you log in to your account, from the main page, click on the “Account Summary” option from the left side menu.
6. Now, click on the balance shown on the screen.
7. Now, on the same screen, click on “Account Number” option.
8. From the new screen, you can view your account details along with the Monthly minimum balance required in HDFC Account.

Also Read – HDFC bank statement download in just 1 minute

HDFC Saving Account Minimum Balance Requirement –

Saving account varients with HDFC bank have minimum balance requirements –

Account Type	Location	MAB
Regular Saving	Metro & Urban	10,000
Regular Saving	Semi-Urban	5,000
Rural	Rural	2,500
SavingsMax Account	All	25,000
Women Savings Account	Metro & Urban	10,000
Women Savings Account	Semi-Urban	5,000
Women Savings Account	Rural	2,500

Is there any Zero Balance Account in HDFC?

All regular HDFC Bank account has Monthly Balance Requirements, Salary Account, and HDFC Instasave Account(1 Yr Validity only).

What is Monthly Average Balance in HDFC?

Every savings account holder should maintain a minimum balance in their account to avoid charges. Based on the Account variant the Monthly Average Balance (MAB) is different.

Basically, MAB is a monthly average balance that is calculated over a month.

Monthly Average Balance Calculations –

Balance in Account	for Days	MAB
10,000	30	10,000
20,000	30	20,000
20,000	15	10,000
30,000	10	10,000
3 Lakh	1	10,000

According to this table, there is no need to keep all the money all the time in the bank. If you have to use the remaining Rs. 10,000 in account today, make sure to keep Rs. 20,000 for next day to make the average of Rs. 10,000.

Also Read – How to change Address in HDFC bank online?

Summary –

In this guide, we have seen two methods on how to check the minimum balance required in hdfc. If you have any doubts/queries regarding the information provided in this article, let me know in the comment section below.