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RBL Bank Savings Account vs HDFC Bank Savings Account

Interest Rate

Up to 6.25% p.a.
3.00% - 3.50% p.a.

Minimum Balance

Zero Balance Savings Account
Rs. 10,000 for Urban branches; Rs. 5,000 for Semi Urban branches; Rs. 2,500 for Rural branches

Monthly Average balance

Rs. 5000
Rs. 10,000 for urban branches; Rs.5000 for semi-urban branches; Average quarterly balance of Rs. 2500 or FD of Rs.10,000 for minimum 1 year 1 day for rural branches

Features

Free transfer of funds using NEFT & RTGS 

Phone Banking | Mobile Banking | SMS Banking & Alerts | E-Statement | Internet Banking | Online Bill Payment Services

Get free Replacement of Damaged card 

 Higher Fixed Deposit rates 

Unlimited free transactions at RBL Bank's ATMs             

Sweep-In/Email and SMS Alerts

E-Statement

Payable-at-par Chequebook

BillPay

NetBanking and MobileBanking

ATM facility

Documents Required

* Aadhaar number and PAN number

* Two passport size photographs

* Completely filled application form

* Passport, Voter ID, driving license

* Salaried employees will might be asked to submit bonafide authorization letter from its employer and salary slips

* A filled-up application form

* Passport, Voter ID card, PAN card, Permanent Driving license, Aadhar card, NREGA job card, or ID card issued by central or state governments, PSUs, scheduled commercial banks

* Employment Proof

* Latest passport size photographs


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