Hot Deal

hdfc saving farmer account

440°
Deal Cadet
the_dev

Is this for all? If yes then what are the charges and benefits of this account?

21 Comments  |  
12 Dimers
  • Sort By
Finance Ninja Finance Ninja
Link Copied

Eligibility-

  1. Resident Individual Farmers (sole or joint account) are eligible to open a Savings Farmers Account
  2. Minimum Balance Requirements – Rs.2,500 Half-yearly balance requirement

Charges-

  1. Minimum Average Balance Requirement – Rs. 2,500 Average Half Yearly Balance
  2. Debit Card Charges- Regular Card (Rupay Premium By Default)- 150 Issuance+150 AMC

https://www.hdfcbank.com/personal/save/accounts...

Deal Subedar Deal Subedar
Link Copied

They should have provided No minimum Balance and free debit card to farmers! Because due to fear of subsidy reversal and meager savings, farmers are unable to maintain minimum balance.

View 1 more reply
Deal Lieutenant Deal Lieutenant
Link Copied

It should be only for those farmers, who use excess chemicals in their fields.

Finance Ninja Finance Ninja
Link Copied

Anyone can open this account, if your family member is farmer.

for example – Farmer’s son, daughter, wife, father or mother.

View 4 more replies
Finance Ninja Finance Ninja
Link Copied

If you want to Get Pre-Approved Offers Like Credit Cards or loans in Future, Do not Go with this, Go with Regular Savings A/c.

Banks Generally don’t give offers to these Customers like Zero Balance A/c, PMJDY A/c, Farmers A/c and Student A/c.

They think you have not ability to Go for the Higher Variant,thats why they will hesitate to give you Loan/Credit Card.

Deal Cadet Deal Cadet
Link Copied

Are youth savings account eligible for these offers if they keep MAB close to 20k

Helpful Helpful
Link Copied

Anyone can apply it online, KYC need to be done at branch. PAN and Aadhaar enough.

I have this acc. No issuance charges for debit card(for personalized they may charge). You will get instant kit including DC after KYC at branch. 5K need to be deposited during KYC.

Finance Ninja Finance Ninja
Link Copied

In HDFC Yes!

But Do Good Transaction like Debit Card and Recharge and Bill Payment from there App,in these bank thinks that you like there Services and Products then,in that Case they will Offer you,Note UPI Transaction Bank doesn’t count Do NEFT/RTGS/IMPS Transfer like Transfer or receive in your account.

Deal Cadet Deal Cadet
Link Copied

@the_dev i have this account and its no less than regular account, within 3 months from opening i applied for moneyback CC and it was approved, right now i have Regalia with 6 lakh limit, its a gud variant with low MAB and u dont need to be a farmer to open this account.

Deal Cadet Deal Cadet
Link Copied

MAB for non farmers?

View 5 more replies
replyuser
Click here to reply
Reply