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HDFC  Bank’s DigiSave Youth Account

Youth Savings Account is a type of savings account crafted for today’s youth. This youth savings account offers various benefits on digital banking, cards, loans and offers on food, recharge, movies, travel, etc.

The distinct features of the bank account make it a perfect savings account for today’s youth and students.

Who can open DigiSave Youth Account?


As the bank account is a youth savings account, it is open for individuals between 18 years to 25 years.

Resident Individuals can open an individual account or joint account.

Are there any minimum balance requirements?

Yes. Customers with metro and urban branches need to maintain a minimum average monthly balance of Rs.5,000. The minimum balance for semi-urban and rural branches is Rs.2500.

Moreover, a minimum initial deposit that customers need to deposit while opening the account is Rs.5,000 for metro/urban branches, Rs.2,500 for semi-urban / rural branches.

What are the features of Digisave Youth Account?


Here are some of the features of Digisave Youth Account:

Discounts and Offers:

You can take advantage of discounts and offers by shopping through the bank’s shopping portal offers.smartybuy.hdfcbank.com. Amazing offers are up for grabs every month on recharge, travel, movies, shopping through PayZapp. A special activation offer on the first transaction of Rs.250 or more on PayZapp is also available for new users.

Several ways to bank

Customers can carry out banking transactions from home, office or when you are on the go through mobile banking, net banking and phone banking facilities. Account holders can also visit the nearest bank branch or ATMs.

Multiple Payment Modes

Customers can transfer funds online to any bank across the country through any payment mechanism such as NEFT, RTGS or UPI. Also, BillPay facility is also available.  

Individuals can split bills with friends through the BHIM on Mobile Banking App.

You can pay bills or Book a Cab through Facebook Messenger. Just open Facebook Messenger, find ‘HDFC Bank OnChat’, and just say ‘Hi’.

Mobile phone is now an integral part in everyone’s lives. You can now recharge you and your loved one’s mobile phones by giving a missed call to 73 08 08 08 08.

Investments & Deposits

The bank encourages its customers to save and investing. The Annual Maintenance Charge (AMC) of the demat account is waived off for the first year. You can start saving as little as Rs.1,000 in a recurring deposit(RD).

Customers can also start investing in mutual funds through the bank’s unique investment services.

Debit card

Customers receive Millennia Debit Card free for the first year. The debit card comes with a shopping limit of Rs. 3.5 lakhs (at merchant outlet and online stores) and ATM cash withdrawal limit of Rs. 50,000 per day.

Also, you can get up to Rs.4800 cashback every year.

Special benefits

Account holders of this account receive special offers on education loan and Forex Cards. The special interest rates and charges on education loans make it easier for students to pursue their dream education.

Statements and alerts

Customers receive free e-mail statements, passbook and free mandatory mobile and e-mail alerts.

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