No Frills Savings Account

Our HSBC No Frills Savings Account makes it convenient for you to avail world-class banking privileges at a nominal cost.

Know more

• Features & Benefits
• Documents Required to Open an Account
• Service Charges and Fees
• Account Rules

No Frills Savings Account allows you to bank with HSBC with a zero minimum balance requirement i.e. you can maintain this account without any minimum or average balance requirement. The No Frills Savings Account is aimed at making your banking transaction simple and convenient. You don't even need to take the trouble of visiting the branches, you can choose to simply avail of our Internet or Phone Banking facilities and bank from the comforts of your house.

The HSBC No Frills Savings Account has no hidden costs.

• You can access your account through any VISA ATM in India with your HSBC debit card. One FREE debit card will be available per account
• Internet Banking and Phone Banking facility each available at a nominal annual fee of Rs. 99 only
• 1 FREE branch transaction per month. This transaction should be of the nature of cash deposit only. Additional transactions (over and above the 1 FREE transaction), will be charged a fee of Rs. 50 per transaction
• Keep a track of your account with Free Monthly E-statements. You will receive a mail every month to your internet banking messages inbox as well as your personal email address (provided your personal email id is registered with the Bank) informing you when your E-Statement is ready.
• You can also collect your monthly paper statements from your branch of account by visiting your branch of account in person to collect the same
• Monthly statements will only be available for collection in the branch for the preceding month (i.e. please visit the branch in April 2010 to collect your March 2010 statement)

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International debit card

Use the international debit card to make purchases at 3,50,000 merchant establishments in India and 26 million across the world. Withdraw cash from over 23,500 HSBC / Visa ATM's in India and from over 1 million VISA ATM's across the world (refer section on service charges for applicable transaction charges).

HSBC credit card

You can also choose to apply for an HSBC credit card that gives you the freedom from carrying cash and enables you to make purchases at over 18 million merchant establishments in India while enjoying various value-added benefits that enrich your life.