Need A Financial Product Forums Bank Accounts & Deposits Minimum average quarterly balance in HDFC Salary account Minimum-average-quarterly-balance-in-HDFC-Salary-account_REPLY

#47278
samkapoor77
Keymaster

Once the credit of salary stops in account, it automatically gets converted to normal savings account. Therefore, you will be liable to pay the penalty charges before closing your account. Try to negotiate the charges with bank manager.