Global Trade Solutions
Get the edge in the competitive international market
Manage your cash flow effectively.
Financing that keeps up with your business growth.
As per the Central Government directive, from 15 November 2015, there is new levy of Swachh Bharat Cess @0.5% on value of all taxable services. With this, the effective rate of tax would be 14.5%. The revised tax will be applicable on all fees and charges that are levied by us.
Please note as per Govt. Notification No.14/2015 dated 19 May 2015, Service Tax @14% will be applicable on our fees and charges with effect from 01 June 2015.
With effect from 01 September 2012, charges for collection of Foreign Currency cheques are revised. For details please refer to our business tariff.
With effect from 08 November 2011, Business PhoneBanking service will be available between 07:00 - 21:00 IST for general enquiries. For IVR transactions, IVR enquiries and for emergency services like lost card reporting and stop cheque instructions our phone banking service will be available 24 hours a day, 7 days a week.
We wish to inform you that with effect from 15 October 2011, any request for retrieval of past record of debit instructions given to your account, within a period of one year no charges will be levied and request beyond a period of one year charges will be levied as per the tariff schedule. For details on charges please refer the latest tariff schedule.
With effect from 01 July 2011, service charges for overseas outward remittances have been revised. Click here to view the updated tariff and service charges applicable for your current account.
In line with the RBI circular no. DPSS.CO.CHD.No.1671 / 03.06.01 / 2010-11 the cheque collection service charges applicable for Savings Account customers will be revised w.e.f. 01 April 2011. Click here for the updated tariff and charges for savings accounts.
With effect from 01 June, 2011, cheque collection charges applicable for all current account customers have been revised. Click here to view the updated tariff and service charges applicable for your current account.
Our Business Banking Current Account offerings have been revised. With effect from 01 March 2008, we would be glad to serve you with our 'Business Vantage' and 'Business Select' Current Account propositions.
With effect from 15 May 2014, our 'Business Account' and 'HSBC Direct for Business' Current Account propositions have been discontinued.
With effect from 01 April 2010, the interest on savings bank account will be calculated on a daily product balance basis. Interest will be paid out at half yearly rest with effect from 01 October 2010. For the period after 01 October 2010, savings account interest for the half year from April to September would be credited in the following month of October and interest for the half year from October to March would be credited in the following month of April.