HSBC Savings Account

Highlights

Bank Category Minimum AQB (Average Quarterly Balance) Interest Rate Card Offered
Main Features

HSBC Bank Regular Rs 25 4% ATM cum Debit Card

The HSBC Savings Account has no hidden costs: o You can automatically transfer extra savings from your savings account to a fixed deposit, through a standing instruction, to enable you to earn higher interest. o You are also eligible for a fee waiver on HSBC credit cards. o Introducing Card-to-Card Transfer facility - a funds transfer service that enables you to transfer money in an easy, fast, convenient and safe manner using the VISA MONEY TRANSFER service from VISA. o HSBC Demat Account services with waiver on account opening charges. o Keep track of your account with free quarterly account statements. o Free personalized chequebook. o Buy mutual fund products offered by select mutual fund houses. o Choose from a range of insurance products offered by Tata AIG. o Manage your account, make transactions, pay your bills and much more by taking advantage of HSBC's free Internet Banking facilities. International debit card: Use the international debit card to make purchases at 3,50,000 merchant establishments in India and at 26 million across the world. Withdraw cash from over 23,500 HSBC/Visa/Plus ATMs in India and from over 1 million VISA ATMs across the world. Credit card: Get an HSBC credit card that lets you access your Savings Account at HSBC ATMs worldwide. Perform banking transactions like cash withdrawals, balance inquiries and transfer of funds. You can also withdraw cash from your HSBC Current / Savings Account at any of our VISA / MasterCard ATMs worldwide. Special relationship discounts: Our HSBC customers (for 6 months or more) are entitled to a 0.5% discount on the upfront processing fee for Home loans and Personal/Professional loans and on the annual service charges for Asset Link.

Fees & charges Charges for non maintenance of minimum quarterly average balance ATM transaction at own bank Rs. 750 per quarter Account not operated for more than 2 years Rs. 150 per quarter Free

A total of 10 sale transactions per month (including Market Trade, Off Market Trade and Inter depository transactions) are free of cost for each Demat account. Each ISIN (International Security Identification Number) delivered in a Delivery Instruction Form (DIF), will be considered as a separate delivery transaction. If a single ISIN is delivered multiple times during the month, each delivery will constitute as a separate transaction. The charges will also be applicable to HSBC Premier customers. Cash withdrawal at ATMs in India Cash withdrawal at ATMs in outside India Debit Card Fees Balance inquiry at own bank Balance inquiry at Other banks Other bank VISA ATM cash withdrawals - Rs. 55 per withdrawal. In case of Debit Card plus 2 free transactions per month. Subsequent withdrawals will incur standard charge. Other bank VISA ATM cash withdrawals Rs. 120 per withdrawal HSBC Group ATM transactions (outside India) Rs. 120 per withdrawal Free (HSBC Premier only) Annual fee (except HSBC Premier) Rs. 150 (Rs. 400 in case of debit card Plus) Free balance enquiries (India) Rs. 15 per enquiry In case of Debit Card plus 2 free transactions per month. Subsequent enquires will incur standard charge. balance enquiries (outside India) Rs.15 per enquiry HSBC Group ATM transactions (outside India) Rs. 15 per enquiry Free (HSBC Premier only) Replacement of lost / damaged Debit card Rs. 100 Free (HSBC Premier only) Card Replacement Fee (outside India) Rs. 100 + international courier cost of Rs. 700 Statement of Accounts each quater (mailed to account holders) Free Duplicate Statements Rs. 150 per statement Free personalized chequebook Account closure in less than 6 months Rs. 500

Replacement of Debit Card

Statement/Duplicate Account Statement Cheque Books Closure of Account

Services & Features Overdraft Facility Reward Points Internet Banking Phone Banking Mobile Banking SMS Alerts No No Yes No No No

Documents

Your completed account opening form A passport-size photograph of yourself and all other accountholders, which must be signed across the front. One document each from the following two categories: Proof of individual's identity: o Passport o Voter's ID o Driving licence o Government ID card o Defence ID card o Photo ration card o Photo PAN card Proof of residence: o Passport o Telephone bill o Electricity bill o Ration card o Society outgoing bill

Life Insurance Policy

Notes: Please produce the original document for each photocopy submitted. Please fill the form in CAPITAL LETTERS. Please countersign any overwriting. Please avail of the nomination facility.

Terms & Conditions

Show All Saving Accounts