How many types of accounts are there in HDFC Bank?

How many types of accounts are there in HDFC Bank?

Accounts and Deposits Choose from a wide range HDFC Bank’s Savings, Current, Salary & Rural Accounts. Our accounts allow you to access your bank anytime, anywhere through a wide network of branches and ATMs, and facilities like Netbanking, Phonebanking and Mobilebanking.

How can I open HDFC Smartup account?

Read more on how to open a start up Business Account through SmartUp. If you are looking to avail HDFC Bank SmartUp?…

Personal loan Fixed deposit Credit Card
Savings Account Car Loan EasyEMI

How can I add multiple beneficiary in HDFC Bank?

Via NetBanking

  1. Step1. Login to NetBanking using your NetBanking ID and Password and then go to > Funds Transfer > Request > Add a Beneficiary.
  2. Step2. Select the “Transaction Type” from Funds Transfer section in NetBanking and click on the “GO” icon.
  3. Step3. Select account, beneficiary and enter the relevant details.
  4. Step4.

What is bulk transaction in HDFC Bank?

Bulk Transaction Charges. All transactions are subject to a maximum of 500 transactions per month, beyond which charges @ Rs. 8/- per transaction would be levied. Includes all Local / Anyhwere clearing and transfer transactions. Remittance facility through other Bank.

How many transactions are free in HDFC?

ATM fees

Revised ATM Charge Structure
Current Account (Flexi, Plus, Max, Apex, Ultima, Merchant Advantage Plus & Supreme Current Account) Unlimited At Metro ATMs – 3 Free Transactions At Non Metro ATMs – 5 Free Transactions

Can I deposit 2 lakh cash in my HDFC account?

HDFC Bank! Here customer should note that, deposits of up to Rs 2 lakh is free per account per month in home branches. If you are a third-party person, then upto Rs 25,000 per day cash deposit is allowed. If limit exhausted then, Rs 150 will be levied.

What is the maximum cash deposit for HDFC Bank?

Product Type Per Transaction Limit Per Day Limit
Savings A/c Rs. 25,000 Rs. 2,00,000
Current A/c Rs. 2,00,000 Rs. 6,00,000

Can I deposit 10 lakhs in my account?

Thus, as cash deposits and withdrawals of Rs 10 lakh or more in a bank account in a financial year are required to be reported to the tax authorities, you need to be careful if you are exceeding the prescribed threshold. This limit is Rs 50 lakh and more in case of current accounts.

How much tax do I pay on 10 lakhs?

Tax Rate for Individual Taxpayers for FY 2020-21 (AY 2021-22)

Tax Slab Old Rates New Rates
Income from 2.5 Lakh – 5 Lakh 5% 5%
Income from 5 Lakh – 7.5 Lakh 20% 10%
Income from 7.5 Lakh – 10 Lakh 20% 15%
Income from 10 Lakh – 12.5 Lakh 30% 20%

How much tax do I pay on 7.5 lakhs?

The finance minister announced that individuals with an annual income between Rs 5 lakh and Rs 7.5 lakh would pay 10% tax, and those earning Rs 7.5 lakh to Rs 10 lakh 15%. Under the old regime, with deductions, these individuals pay 20% income tax.

How can I save tax if I earn 20 lakh?

But the good news is you can still manage to pay Zero (NIL) income tax on salary of up to Rs 20 lakhs (Salary here means cost to company)….Tax Deductions

  1. Section 80C Exemption – 1,50,000.
  2. NPS 80CCD(1B) Tax Exemption – 50,000.
  3. Medical Insurance (Self & Parents) – 60,000.
  4. Interest on Education Loan – 50,000.

What is the tax on 5 lakhs?

Tax rate for individuals (below 60 years) and HUFs:

Tax Slabs Tax Rates
Income up to Rs.2.5 lakhs NIL
Income between Rs.2.5 lakhs and Rs.5 lakhs 10% of amount exceeding Rs.2.5 lakhs
Income between Rs.5 lakhs to Rs.10 lakhs 20% of amount exceeding Rs.5 lakhs
Income above Rs.10 lakhs 30% of amount exceeding Rs.10 lakhs

Which amount is tax free?

Individual having , an annual income of up to Rs 5 lakh has effectively been made tax free by offering a rebate under Section 87A of the Income Tax Act, 1961. People who have an annual income of over Rs 50 lakh have to pay an additional surcharge on the amount of the income tax.

How do you write 5 lakhs?

In the abbreviated form, usage such as “₹5L” or “₹5 lac” (for “5 lakh rupees”) is common. In this system of numeration, 100 lakh is called one crore and is equal to 10 million.

Which car is best for 5 lakhs?

Top 5 Cars Under 5 Lakh

Model Price in New Delhi
Tata Tiago Rs. 4.99 – 6.95 Lakh*
Renault KWID Rs. 3.32 – 5.48 Lakh*
Maruti Alto 800 Rs. 2.99 – 4.70 Lakh*
Maruti Celerio Rs. 4.65 – 6.00 Lakh*

How much is 3 lakhs?

As you can see, 3 lakh is the same as 0.3 million.

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