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HDFC Women Saving Account

HDFC Bank is one of the popular private banks in the country. It offers various financial products from savings account to loans. HDFC woman saving account is a women savings account that is specifically meant for women customers.

This savings account is a complete solution for today women’s and takes care of the banking, investment and lifestyle needs. Women can enjoy special benefits like preferential pricing on products including loans, offers & cashback on shopping and free insurance cover.

Features of HDFC Woman Saving Account:

Avail EasyShop Woman’s Advantage Debit Card

hdfc women saving account
Source: HDFC Bank

Do you love shopping and you are looking out for way to maximize your shopping experience? EasyShop Woman’s Advantage Debit Card, a debit card especially meant women account holders allows you to do that as much more.

Here are some of the benefits of EasyShop Woman’s Advantage Debit Card:

  • Get cashback of up to 0.50% every time you use the debit card
  • Daily shopping limit of up to Rs.1.75 lakh
  • Daily cash withdrawal limit of Rs. 25,000
  • Get 50% off  on locker rental fees for the first year

Special Discounts and Offers

Customers get attractive offers and cashback while paying utility bills, grocery bills, movie tickets through PayZapp. Account holders can also shop on Smartbuy through which they can compare the prices of the different products and receive discounts. Travel, shopping, grocery, restaurant, healthcare are some of the categories that are available at discounted prices. Also, there are offers on ForexPlus &GiftPlus cards.

Carry out transaction with ease

The bank account gives customers the facility to carry out transactions through the channel of their convenience whether it is online banking or phone banking through free NEFT and RTGS. You can also set domestic and international limits on your debit card, set up your utility bills on autopay along with a free pass book for every customer.

Get free insurance cover

We don’t know when things might go wrong. Hence, it is always better to stay protected and insurance helps you to overcome financial problems arising out of these problems. Account holders of HDFC women saving account get various insurance covers such as life, accident cover, travel insurance along with fire and burglary insurance. It comes with a total insurance cover of Rs.45 lakhs, accidental hospitalisation cover of Rs.1 lakh, accidental death cover of Rs.15 lakhs etc.

Earn higher interest on idle cash

The MoneyMaximizer Facility (Sweep-out facility) of HDFC Bank helps to earn higher interest by converting the surplus cash lying in your savings account to fixed deposits. These fixed deposits or term deposits are created automatically based on the predefined limits and there is no need to contact the bank or create new FDs. Auto renewal facility is also applicable. In case of a shortfall of funds, the deposit from the fixed deposits is credited to the savings account.

Easily avail loans and credit cards

Customers of HDFC women saving account can avail loans and credit cards at attractive rates. Pre-approved loans with instant disbursal and low interest rate and charges are also available.

Eligibility Criteria for HDFC Women Saving Account

  • The first account holder of HDFC Bank Woman Savings Account should be a woman. In the case of a joint account, the second holder should be a resident Indian individual.
  • To open the HDFC Bank Woman Savings Account, a minimum initial deposit of Rs. 10,000, Rs. 5,000 and Rs.2,500 is required for Metro & Urban branches, Semi-urban & Rural branches and Rs. 2,500 for rural branches respectively.
  • The account also comes with minimum average balance. Customers in the metro and urban branches and semi-urban and rural areas need to maintain an average minimum balance of Rs.10,000 and Rs.5,000 respectively.

How to open an HDFC Bank Women Saving Account

It is easy to open an HDFC Bank account for woman. All you need to do is submit your identity proof and address proof along with your latest passport size photographs. The identity proof and address proof may also be the same if the document suffices. Submit your self-attested copies and take the originals for verification purpose.

You can also open an HDFC Bank Woman Account online. It is a three-step procedure. You need to submit an online form. Next, the bank representative will come to collect the documents. You will receive the account kit.

To know and compare the different women savings account, click here.

Click here to open an HDFC Bank Savings Account.


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