What is the minimum balance in HSBC?

The minimum AQB required to be maintained for HSBC Savings Account is INR150,000. The AQB is calculated by adding the end of day balances for each day in the quarter and dividing it by the number of days in that quarter.

What is the minimum balance in HSBC bank India?

HSBC Bank Savings account Charges

Product Minimum Balance
Regular Savings Account Rs. 10,000 for metro Urban branches Rs. 5,000 For Semi-Urban branches Rs. 2,500 for Rural branches is required to open a Savings Regular Account
Women’s Savings Account Rs. 10,000 Metro Urban branches,Rs. 5,000 Semi Urban-Rural branches

What is the minimum savings account balance?

The minimum average monthly balance requirement is Rs. 10,000 for metro cities, Rs. 5,000 for semi-urban cities and Rs. 2,500 for rural cities.

Which bank has no minimum balance?

Latest Interest Rate for Zero Balance Savings Account

Bank Name of zero-balance savings account Interest rate
Kotak Mahindra Bank 811 4% to 6%
Standard Chartered Bank Basic Banking Account 0.5% to 4.90%
HDFC Bank Basic Savings Bank Deposit Account 3.50% to 4%
Axis Bank Basic Savings Account 3.50% to 4%

How much do I need to open a HSBC bank account?

Checking Account Fees and Features

HSBC Checking Accounts at a Glance
Fees and Features HSBC Premier Basic Banking
Minimum opening deposit $75,000 OR direct deposits totaling at least $5,000 a month $0
Monthly service charge $50 $1
Out-of-network ATM withdrawal fee $0 $2.50

Is HSBC a government bank?

HSBC was the world’s 40th-largest public company, according to a composite measure by Forbes magazine. HSBC is organised within three business groups: Commercial Banking, Global Banking and Markets, and Wealth and Personal Banking….HSBC.

HSBC headquarters at Canary Wharf, London
Type Public limited company

What is the minimum balance for HSBC choice checking?

To qualify for the HSBC Choice Checking College $100 Welcome Deposit during the Offer Period, you must: (1) be at least 18 years of age; (2) list student as your occupation on your application; (3) deposit within your account a minimum Qualifying Balance of $25 or more in New Money within 30 calendar days of account opening and (4) maintain a

How to open HSBC account?

– currently reside in an eligible country or region – maintain a minimum Total Relationship Balance, if you’re new to the bank, or – maintain monthly minimum deposits, investments, or an HSBC mortgage – be aged 18 or above, except for children who apply for an eligible account in the US, Australia or Canada

What is HSBC Savings interest rate?

Manage and transact on your savings account, pay your bills and much more by taking advantage of HSBC’s Personal Internet Banking. Interest Rate for NRE/NRO/Resident Saving Accounts – 2.00% p.a. for balances up to INR10 Cr and 2.50% p.a. for balances of INR10 Cr and above, effective from 13 September 2021.

How do I open a HSBC bank account?

original passport (for all customers)

  • valid residence visa (for non-GCC National customers only)
  • original Emirates Identification Card (for all customers)
  • proof of UAE residence in the form of either a utility bill/rental agreement/title deed/employment letter
  • original labour card/work ID (for female applicants on father’s/husband’s sponsorship)