Closing an HDFC bank account appears to be a simple task, but you need to follow some strict procedures to avoid delays and extra charges. HDFC users who want to know “how to close HDFC bank accounts” will get the complete information in this article. If you wish to close your HDFC bank account, you may need to pay some charges under certain conditions.
Important Points before Closing the HDFC Bank Account
Some important points that you must remember before closing your HDFC bank account are mentioned below:
- Deactivate all Auto Payments: If there are any autopayments active on your account, you must close all the autopayments and then apply for the account closing process.
- Open a Second Bank Account: Opening a new bank account is very important if you wish to leverage all banking services. You can open a new bank account in the same bank or another bank.
- Keep your Bank Statements: You must keep a copy of your bank statements safe with you, even after closing the bank account. Before you apply for bank closure, make sure to take out a copy of the statement for future use.
- Pay all Dues: If there are loans or dues active on your account, you must clear them off; otherwise, your account closure request will not be approved.
- Keep Necessary Documents Ready: The bank will ask you to submit some documents like credit cards, chequebooks, ID proofs, etc., while closing the account. Keep all the documents ready before closing the bank account.
Reasons for HDFC Bank Account Closure
There can be various reasons for HDFC bank account closing. Some of the common reasons are mentioned below:
- Multiple Bank Accounts: If you have multiple bank accounts and it’s becoming a hassle to manage them properly, you can apply for bank account closure.
- Poor Customer Service: In case you are not happy with the customer service, you can close the bank account. Many users close their bank accounts because of unresolved queries.
- Excess Charges on Transactions: If your bank is deducting excess charges on transactions, you can close the bank account with a simple process.
- Unable to Maintain a Minimum Balance: HDFC has a strict policy for maintaining the minimum balance. If you are unable to maintain the minimum balance, you must close the bank account to avoid low-balance charges.
- Relocation: If you are relocating to another country, you can choose to close the bank account to avoid additional charges.
How to Download the HDFC Account Closing Form?
To close the HDFC bank account, you need to download the HDFC bank account closure form. The steps are mentioned below:
- Visit the HDFC personal bank website.
- Press “Menu” and then “Forms Centre”. Now click “center personal and account closure.
- Click it to download.
- Take a printout, fill it accurately.
How to Close an HDFC Bank Account Online?
HDFC Bank does not allow you to close the account online. However, you can download the HDFC bank account closure form online. You can initiate the closure request using NetBanking or Customer Care, but the final process will be completed offline.
How to Close an HDFC Bank Account Offline?
To close your HDFC bank account offline, you can follow the steps below:
- Go to the HDFC bank official website and download the account closure form.
- Fill the form with accurate details.
- Visit your HDFC bank branch with all the required documents and the closure form.
- Submit it to the bank executive to start the closing procedure.
How to Close an HDFC Bank Account Online Permanently?
If you are planning to close your HDFC bank account permanently, you can follow the steps below:
- Firstly, withdraw all the money from your bank account.
- Download the account closure form from the official HDFC website.
- Fill in the details accurately in the form with capital letters.
- Go to the nearest HDFC branch with all the documents.
- Submit all the papers to the bank branch to close the bank account.
How to Close an HDFC Bank Account with a Negative Balance?
You can close your HDFC bank account even if you have a negative balance. Here are the steps to follow:
- Make the payment to the bank to make your bank account balance zero.
- Download the HDFC account closure form and fill it with accurate information.
- Go to the nearest HDFC bank branch and submit the application form and documents.
- Your account closure process will be initiated.
Charges for Closing HDFC Bank Account
HDFC Bank charges you some fees for closing the bank account, such as:
| Closure Time | Applicable Charges |
| Within 14 days of opening the bank account | Free |
| After 14 days of opening an account and within 1 year | Rs. 500
Rs. 300 for senior citizens |
| After 1 year | Free |
| You May Like to Read: HDFC Infinia Credit Card
Conclusion
You must know the accurate account closing process for HDFC Bank for a smooth experience. The process is very simple. You need to download the account closure form and submit it to the bank branch. Also, you must close the loans, auto payment, and pay the required balance to close the bank account successfully. You may need to pay the closing charges if you are closing the bank account within 1 year of opening the account.
How to Close HDFC Bank Account – FAQs
What is the HDFC bank account closing charge?
Ans. HDFC Bank usually doesn’t charge any account closing charges, but if you are closing the bank account after 24 days and before 1 year of opening an account, you need to pay charges of Rs. 500.
What are the important documents for the HDFC bank account closing process?
Ans. You need to submit the documents for the HDFC bank account, such as a properly filled closure form, address proof, ID proof, and unused cheques and debit cards.
How to close hdfc bank account without visiting the branch?
Ans. No, you cannot close the HDFC bank account without visiting the bank. You can initiate the closing procedure through NetBanking and download the closure form online. The final process will be done in the bank branch only.
How to close my hdfc bank account before 1 year?
Ans. Yes, you can easily close the HDFC bank account within 1 year, but there will be some charges applicable.
What is the process to change my HDFC bank account to a zero balance?
Ans. You can reach the HDFC bank branch and apply for an HDFC bank account conversion to a zero balance. However, there will be some different transitions and banking policies.
