HDFC Bank has surprised customers by increasing the minimum balance requirement for savings accounts, similar to ICICI Bank’s recent move. From 1 August 2025, new savings account holders in metro and urban areas will need to maintain Rs 25,000 instead of the earlier Rs 10,000. Check the latest HDFC Bank savings account interest rates and minimum balance requirements for 2025. Find out how to maximize your savings with competitive rates and easy maintenance! HDFC Bank has announced a steep increase in the minimum balance requirement for its savings accounts, bringing it in line with moves by some other private lenders. According to the HDFC Bank’s website, "It is mandatory to maintain a minimum average monthly balance of Rs.10,000 or fixed deposit of Rs 1 lakh for minimum 1 year 1 day period (w.e.f 1st July’22) for urban branches, average monthly balance of Rs. 5000 or fixed deposit of Rs 50,000 for minimum 1year 1 day period (w.e.f 1st July’22) for ...
