If you are not satisfied with the services offered by your HDFC Bank, you are free to close it at any point of time. The procedures to close an account like this vary with each bank. However, there are certain criteria that an individual has to meet before he or she can close an account. In case you have not been a regular customer of HDFC Bank and want to transfer funds to their account, you need to open an HDFC bank account. In order to close an account, you need to pay certain charges of Rupees 500.
Once you have received Rupees 500, you need to fill in an HDFC bank account closure form. The form is available at HDFC branches or online. You will need to enclose all the bills and current balances you have in your account. You also need to provide the bank with the mailing address of the receiver. Another important requirement of the bank would be that you must have a valid passport or visa. The bank may also ask you for additional information such as your social insurance number.
HDFC does not offer any convenience to its customers who want to close bank accounts. HDFC cannot provide you with a service to close it. You can only close it through the means of a banking institution other than HDFC. HDFC accepts cheques and cash payments only. It cannot process any withdrawal of money from your account.
Once you have submitted your details to the HDFC branch, you would receive a closure notice. The duration of the closure would depend on the amount of money in your account. You can either apply for a new loan or transfer the funds. If you transfer the monthly balance, the closure will become permanent. On the other hand, if you apply for a new loan, the amount of time taken for the completion of the process will vary.
How to Close HDFC Bank Account ?
If you are planning to close a checking account, you can follow the procedure as prescribed by the bank branch. First, you would fill up the HDFC bank account closure form. The closing procedure will take place within 24 hours. Once the form has been submitted and approved by the concerned branch, you would receive a closure notice. This would be sent to your email address. If you do not have an email address, you can write to the concerned branch or visit the nearest branch.
How to close HDFC bank accounts is quite easy. The first step is to find out whether you have another account in the name of your former employer. It may be difficult to find out, because your previous employer may not have informed the bank that you intend to open a new account. If you have an account in your name, you can visit the nearest branch and provide your identification. The manager will let you know whether your account will be closed or not.
The second step in how to close HDFC bank account online is to make use of the savings account closure procedure. In this process, you would submit your proof of identification. Once the manager receives your identification, the bank representative would inform you about the debit card number you provided. The debit card number is important because the representative will use this to close your account. You can also ask the concerned branch to print out the closure notice so that you can keep a record of it.
It is important to note that you cannot close HDFC savings and loans until you have received the certificate of closure. However, you are advised to request for the certificate as soon as possible. It is necessary for you to obtain this in order to avoid any inconvenience in the future. If you fail to provide the required information, the bank could take months before it informs you of its decision regarding your HHFCC bank account closure. This means that it could take up to six months before you get the closure notice.