The minimum balance required in HDFC Bank savings account varies based on the type of account and the location of the branch. For urban branches, a minimum initial deposit of Rs. 10,000 is required to open a savings account, and it is mandatory to maintain a minimum average monthly balance of Rs. 10,000 or a fixed deposit of Rs. 1 lakh for a minimum of 1 year 1 day period (w.e.f 1st July’22). For semi-urban branches, the minimum initial deposit is Rs. 5,000, and the minimum average monthly balance is Rs. 5,000 or a fixed deposit of Rs. 50,000 for a minimum of 1 year 1 day period. For rural branches, the minimum initial deposit is Rs. 2,500, and the minimum average monthly balance is Rs. 2,500 or a fixed deposit of Rs. 25,000 for a minimum of 1 year 1 day period (w.e.f 1st July’22)
. However, the minimum balance requirement may vary based on the type of account and the location of the branch. For instance, senior citizens and youth accounts may have a lower minimum balance requirement
