financial12345
KF Mentor
What is the meaning of standard banking and Classic banking
HDFC Bank account classification
- Thread starter financial12345
- Start date
17ysaurabh
KF Mentor
In Classic Banking, you get a dedicated manager to handle your requests. You can upgrade your debit card to a platinum debit card. Apart from that, the rest is related to investments and all.
You need to maintain an average monthly balance of Rs. 1 lakh.
You need to maintain an average monthly balance of Rs. 1 lakh.
financial12345
KF Mentor
OK it's at
OK it's type a account variant or what
17ysaurabh
KF Mentor
Yes, it is a type of account. However, you can upgrade from Standard to Classic if you are eligible.
financial12345
KF Mentor
But in website this type of salary account is not showing
Priyankjn51
KF Ace
Hi ,
Let me tell you the heirarchy of HDFC Bank account as I am an account holder of itself.
Level 1
Standard
Level 2
Classic
Level 3
Preferred
Level 4
Imperia
So standard banking is the base level with some banking facilities but going on further you have different limits and charges as mentioned below
What are the differences between 1. Classic 2. Preferred 3. Imperia accounts of HDFC bank? What can one do to upgrade?
Nice question.
In HDFC BANK there are three type of groups for customer.
1.CLASSIC
2.PREFERRED
3.IMPERIA
1. CLASSIC CUSTOMER:-
For being a classic customer in HDFC Bank,you have to maintain a min balance average balance of Rs 1lac in saving a/c
or Rs 2 lac average quarterly balance in current a/c
or Rs 5 lac average monthly combination balance in saving ,current a/c and FDs.
Benefits:-
Dedicated Relationship Manager
NIL annual issuance fee for classic platinum debit card.
NIL Non-maintainence charges for minimum balances.
NIL charges on DD/MC up to 1 lac per day.
NIL charges for usage HDFC BANK as well as Non HDFC BANK ATMs.
NIL charges on RTGS/NEFT through online mode.
NIL charges for issuance cheque books and monthly statement.
NIL charges for Bill pay , insta alert and standing instructions.
Up to 50% off on processing fee for all loans.
25% discount on locker rent (only for one locker per group).
5 paise better rates on rate card for forex transactions.
2. PREFERRED CUSTOMER:-
For being a preferred customer in HDFC Bank,you have to maintain a min balance average balance of Rs 2lac in saving a/c
or Rs 5 lac average quarterly balance in current a/c
or Rs 15 lac average monthly combination balance in saving ,current a/c and FDs.
Benefits:-
Dedicated Relationship Manager
NIL annual issuance fee for preferred platinum debit card.
NIL Non-maintainence charges for minimum balances.
NIL charges on DD/MC up to 1 lac per day.
NIL charges for usage HDFC BANK as well as Non HDFC BANK ATMs.
NIL charges on RTGS/NEFT through online mode.
NIL charges for issuance cheque books and monthly statement.
NIL charges for Bill pay , insta alert and standing instructions.
Up to 50% off on processing fee for all loans.
50% discount on locker rent (only for one locker per group).
8 paise better rates on rate card for forex transactions.
40% disconut in Multicurrency card issunace fees.
Any other query is welcomed
Thank you
Let me tell you the heirarchy of HDFC Bank account as I am an account holder of itself.
Level 1
Standard
Level 2
Classic
Level 3
Preferred
Level 4
Imperia
So standard banking is the base level with some banking facilities but going on further you have different limits and charges as mentioned below
What are the differences between 1. Classic 2. Preferred 3. Imperia accounts of HDFC bank? What can one do to upgrade?
Nice question.
In HDFC BANK there are three type of groups for customer.
1.CLASSIC
2.PREFERRED
3.IMPERIA
1. CLASSIC CUSTOMER:-
For being a classic customer in HDFC Bank,you have to maintain a min balance average balance of Rs 1lac in saving a/c
or Rs 2 lac average quarterly balance in current a/c
or Rs 5 lac average monthly combination balance in saving ,current a/c and FDs.
Benefits:-
Dedicated Relationship Manager
NIL annual issuance fee for classic platinum debit card.
NIL Non-maintainence charges for minimum balances.
NIL charges on DD/MC up to 1 lac per day.
NIL charges for usage HDFC BANK as well as Non HDFC BANK ATMs.
NIL charges on RTGS/NEFT through online mode.
NIL charges for issuance cheque books and monthly statement.
NIL charges for Bill pay , insta alert and standing instructions.
Up to 50% off on processing fee for all loans.
25% discount on locker rent (only for one locker per group).
5 paise better rates on rate card for forex transactions.
2. PREFERRED CUSTOMER:-
For being a preferred customer in HDFC Bank,you have to maintain a min balance average balance of Rs 2lac in saving a/c
or Rs 5 lac average quarterly balance in current a/c
or Rs 15 lac average monthly combination balance in saving ,current a/c and FDs.
Benefits:-
Dedicated Relationship Manager
NIL annual issuance fee for preferred platinum debit card.
NIL Non-maintainence charges for minimum balances.
NIL charges on DD/MC up to 1 lac per day.
NIL charges for usage HDFC BANK as well as Non HDFC BANK ATMs.
NIL charges on RTGS/NEFT through online mode.
NIL charges for issuance cheque books and monthly statement.
NIL charges for Bill pay , insta alert and standing instructions.
Up to 50% off on processing fee for all loans.
50% discount on locker rent (only for one locker per group).
8 paise better rates on rate card for forex transactions.
40% disconut in Multicurrency card issunace fees.
Any other query is welcomed
Thank you
financial12345
KF Mentor
I mean to say there are different bank account in different category like saving,salary,current &rural accounts.
1. Salary ACCOUNT
a Premeium Salary Account
b Regular Saving account
C Defence salary Account
d premium salary account with Mullenia Debit Card and Many more etc.....
2. Saving Account
a.
b and many more
Then what about the standard, classic ,proffered and imperia I personally saw on hdfc bank website these are not available in the above mention category
Priyankjn51
KF Ace
You are correct these are not bank account types directly these are banking services types with some distinct privileges based on your value relationship with bank with any of above mentioned bank account.
You can take these as levels which are achieved as more as you bank.
Example - As in game we play in different modes(here different bank accounts) and based on our game it is decided the level of a player.
You can take these as levels which are achieved as more as you bank.
Example - As in game we play in different modes(here different bank accounts) and based on our game it is decided the level of a player.
financial12345
KF Mentor
That means for every account category there is 4 levels isn't
17ysaurabh
KF Mentor
Yes, it doesn't. I don't think you can directly open a Classic or Preferred account. As @Priyankjn51 said, it is more like different levels/privileges of account that you can unlock based on your certain criteria.
I opened an HDFC account with Standard Banking. Eventually, based on my monthly account balance and usage, I was offered the option to upgrade to Classic Banking.
Priyankjn51
KF Ace
Not exactly as of you have BSBDA account it will not have these classic to imperia services as it having maximum capacity of 50000 only .
So depend on you account and limit you can go for these banking services upgradation.
KRISH#7171
KF Ace
The word STANDARD, CLASSIC, PREFFERD, IMPERIA is mentioned just below HDFC bank logo on Website OR App (Kindly Notice next time)
Basically its a type of account you own, facilities also
HDFC saving account 22 types
HDFC salary account 08 types
NRI saving account 06 types
Current account 17 types
and many more types of accounts area available at HDFC bank, and this all types of accounts are managed by mentioned categories
Beyond that HDFC Bank also has other types of facilities under HDFC Credila, HDFC Securities, HDFC Mutual Fund, HDFC Life, HDFC ERGO, HDFC Pension, HDB Financial Services, HDFC Sales, HDFC Capital and many more
financial12345
KF Mentor
As you said that there are 8 salary account can you tell me what are they
KRISH#7171
KF Ace
1 basic salary account
2 regular salary account
3 premium salary account
4 premium salary account with multiple debit cards
5 defense salary account
6 3 in 1 smartinvest salary account
7 government salary account
8 family salary account
And every types has its own criteria to get open, usage, maintenance, minimum balance and more
financial12345
KF Mentor
Now in these which one is classic , standard and imperia , preferred
financial12345
KF Mentor
Yeh Samaja nahi Aya please simple karke samjhaoo
KRISH#7171
KF Ace
If you own any kind of account in HDFC bank, it may
1. Any Saving account
2. Any Salary account
3. Any other kind of account
& When you maintain balance in same then Main Accounts (Saving OR Salary OR Current OR NRI ) accounts are classifies as below
Note : Some categories & all benefits as per account are changeable
financial12345
KF Mentor
Thanks a lot
