HDFC Salary Account Variants and Salary Criterion

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Last Comment 2021-12-15

2021-12-13

Axis has 3 types of salary accounts – Prime, Priority and Burgandy with salary requirements of 25K, 1L and 3L per month respectively and don’t have any minimum balance requirements for them.

I think HDFC also has similar 3 variants – Classic, Preferred and Imperia. But I don’t see anywhere the salary requirements for them. There is only mention of AQB criterion. So, do hdfc don’t have zero balance classic/preferred/imperia accounts?

Can somebody please clarify?

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https://www.desidime.com/comments/permalink/8142504

prem4998

2021-12-15

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All 3 hdfc premium variants are zero balance accounts if opened with high initial deposit(speak to branch RM). Or if you open a salary account(zero balance) with them then they will offer you an upgrade to classic or higher variant based on your transactions. Waiting period will be atleast 3-4 months. Might take a year.

https://www.desidime.com/comments/permalink/8143920

Knight11

2021-12-15

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So, it doesn’t depend on salary credit? Just the transactions? That seems vague or subjective.

Edit: While opening, the hdfc representative said all accounts are preferred. But currently I see it’s just standard. So, maybe they will change it later.