A Detailed guide on merchant accounts by HDFC Bank, including types of accounts, fees, payment processing, and more. It is a great resource for businesses looking to accept payments from customers.
1. Minimum account balance (MAB) or average quarterly balance Banks require Current Account holders to maintain a minimum amount as account balance on average within a quarter or month. For example, the minimum account balance for a regular Current Account with HDFC Bank is Rs 10,000. But, ...
The concept of Savings Account is simple. It is an account with a bank of your choice, where you can deposit a part of your income as savings. There are, however, different types of Savings Accounts. Usually, these are simple variants of the main idea. Most banks have similar variants,...
30 September, 2024SynopsisYou can avail of discounts on iPhone purchases using a Credit Card.Discounts are typically available on both online and in-store purchases.PayZapp enables you to earn cashback and reward points when you use select HDFC Bank Credit Cards...
extra premium on account of underwriting or payment frequency and rider premiums, if any2 For more details, please refer “Enhanced Benefit for High Premium Policies” section in the Sales brochure.Plan Variants:Guaranteed Income option – A plan option which offers maturity benefit in the form of...
(100-age as entry) years2Applicable only to Deferred income plan optionPlan Variants.Immediate Income option– An option that provides regular income by way of cash bonuses (if declared), from 1st policy year and provides lump sum at maturity thereby creating a legacy for your loved one....