After ICICI Bank, the country’s big private bank HDFC has also increased the minimum balance of its savings account. Earlier there was a limit of Rs 10,000, which has now increased to Rs 25,000. If you do not have this amount in your account, then the bank can impose charge. But this rule will only apply to the customers who have opened a new account after 1 August 2025. The old customers have not yet made any difference.
HDFC Bank has made a major change in the rules related to its savings account, which has been implemented especially for the branches of metro cities and urban areas. Now customers with account in these areas will have to keep at least Rs 25,000 in their account at all times. If the account balance goes below this limit, the bank will charge charge every month.
Earlier, the minimum balance for savings account in urban areas was Rs 10,000, which has now been increased by two and a half times to Rs 25,000. The bank says that this change has been done keeping in mind the rising banking cost and operational expenses.
Rules have also been changed for rural branches
This rule is not limited to urban areas only. HDFC Bank has also increased the limit of minimum balance in semi-urban ie semi-urban branches. Earlier it was necessary to keep only Rs 5,000 in these areas, but now it has been made mandatory to keep Rs 25,000 here too. At the same time, rules have also been changed for rural branches. Earlier, a minimum balance of Rs 5,000 was to be kept in the villages, which has now been increased to Rs 10,000.
However, this change will not have any effect on salary account and BSBDA (Basic Saving Bank Deposit Account). These accounts provide zero-balance facilities, that is, it is not necessary to have minimum balance.
ICICI Bank has already changed
Prior to HDFC Bank, ICICI Bank also surprised customers by changing its savings account rules. Customers who open a new savings account at ICICI Bank will have to maintain a minimum balance of Rs 50,000, which was just Rs 10,000 earlier. This change is also applicable since 1 August 2025 and currently old customers have been exempted from it. In this way, while government banks are moving towards eliminating the mandatory minimum balance, private banks are stringent rules.