How to Close HDFC Bank Account Online (Easy Steps) (2024)

FAQs

How to Close HDFC Bank Account Online (Easy Steps)? ›

A: Unfortunately, you cannot close your HDFC Bank account online, and you have to visit the branch to submit the closure form. You can download the closure form online only.

The account holder can download the HDFC Bank account closure form online and fill it with all the relevant details. But they'll be required to visit the branch with the form and documents to close their bank account. The closure process cannot be completed online.

Cancel your bank account. Many financial institutions allow you to do this online, but it could require a phone call to customer service or a visit to a local bank branch. Some banks and credit unions may require you to fill out an account closure request form or submit a written request.

Steps to Close HDFC Bank Account

The easiest way to do this is through net banking. Simply transfer all the money to some other account through NEFT, RTGS or IMPS. The balance in your account should be Zero. Now you can go to the nearest branch and approach the bank executive.

Banks often give you three options for closing a bank account: Visit a bank branch, submit a written cancellation request or call customer service.

Close the Account and Request a Written Letter

You may need to visit the bank in person, call a customer service phone number or submit your request in writing. If you didn't already move your money out, you will receive the balances in your accounts in the form of a check.

While many banks and credit unions don't charge such a fee, others may charge between $5 and $50 to customers who don't hold onto their account for more than a few months.

Your bank could slowly drain the money away

This either leads to the account holder noticing that the bank is taking their money, or eventually the bank fees will bring the account balance down to $0 -- at which point, the bank will just close the account due to inactivity.

How do you check whether my HDFC account is closed or not? ›

If you want to know whether your bank account is active or has been deactivated, you can get the same information by calling your bank customer care number. For this, you have to give some details of your bank account to the customer care executive, such as your name, bank account number, bank branch name, etc.

Some variants of HDFC Bank Savings Account also offer features like unlimited cash withdrawals at ATMs and zero-balance maintenance requirement, which further adds to the appeal of a Savings Account..

For urban and metro branches, the minimum average balance is Rs.10,000. For rural and semi-rural branches the minimum average balance is Rs.5,000.

If you want to close your account, you should call your bank or credit union or go in person and give them your account information. Once you have made a request, state law generally requires banks or credit unions to close your account in a reasonable amount of time.

What documentation is needed to close a bank account? Answer. All account information, including account holder name, address, account number, associated mobile number, signature, original passbook and original chequebook (if issued).

Closing an account may save you money in annual fees, or reduce the risk of fraud on those accounts, but closing the wrong accounts could actually harm your credit score. Check your credit reports online to see your account status before you close accounts to help your credit score.

Banks don't charge for closure within 14 days of opening of an account. Any closure of the account after 14 days but before 1 year may be subject to account closure charges. Normally, closure of an account after 1 year are not subject to closure charges.

You can either visit the bank branch and submit the application to the branch manager or you can send the application along with the documents to the branch manager's email. Generally, it may take up to 5 to 10 days for the bank to close your account. Make sure to write the application properly and in a proper format.

You can close the bank account by visiting your home branch or raising a request through customer care services.

For example, if you close an account while the balance is negative or a bank closes your account because it's overdrawn for an extended period, the negative balance could go to a third-party collection agency. That could lead to your credit report being marred.