Account closure charges

Closed within 14 days of account opening: ₹0.00 · Closed between 14 days and 1 year of account opening: ₹500.00 · Closed post 1 year of account opening: ₹0.00

When this charge applies

Axis savings-account closure timing rule surfaced in the current fees master and independently corroborated by current Digital Savings terms. Product-specific schedules should still be selected where Axis publishes an override.

Within 14 days of opening: ₹0.00 · 15 days up to 1 year: ₹300.00 · 15 days up to 1 year: ₹1,000.00 · Beyond 1 year: ₹0.00 · Closure due to death of holder: ₹0.00

When this charge applies

Applies to Bank of Baroda Savings Bank Account schemes.

Within 14 days of opening: ₹0.00 · 15 days up to 12 months: ₹250.00 · Beyond 12 months: ₹0.00 · Closure due to death of account holder: ₹0.00

When this charge applies

Bank of India savings accounts.

Within 14 days of opening: ₹0.00 · Beyond 14 days and within 1 year: ₹750.00 · Beyond 1 year: ₹375.00

When this charge applies

Canara Bank Current, Overdraft and Cash Credit accounts closed in the stated windows. GST is additional.

₹100.00

When this charge applies

Canara Bank recurring deposits closed prematurely within one year of opening. GST is additional.

Within 14 days of opening: ₹0.00 · Beyond 14 days and within 1 year: ₹200.00 · Beyond 1 year: ₹100.00

When this charge applies

Canara Bank savings accounts closed in the stated windows. GST is additional.

Closed within 14 days of account opening: ₹0.00 · Closed after 14 days but within 12 months: ₹300.00 · Closed after 12 months: ₹0.00

When this charge applies

Savings Bank account. No closure charge within 14 days; Rs300 after 14 days but within 12 months; Nil after 12 months. Current table also states no closure charge on death and branch transfer is not account closure.

Savings Bank — Rural / Senior Citizens: ₹200.00 · Savings Bank — Other: ₹300.00 · Current account: ₹400.00

When this charge applies

Federal Bank liability products closed within 12 months of account opening. The charge differs by account variant and every published variant is named with its own figure in the variant table. No charge if the account is closed within 14 days of the first deposit. GST is additional.

Up to 14 days — standard: ₹0.00 · 15 days up to 12 months — standard: ₹500.00 · 15 days up to 12 months — Senior Citizen: ₹300.00 · Beyond 12 months — standard/Senior Citizen: ₹0.00

When this charge applies

Explicitly supported by current HDFC BSBDA fee page; the same timing/standard amount and senior-citizen variant are independently present on multiple current HDFC savings-family pages. Do not automatically apply to every HDFC account/product without exact product selection.

₹0 (Free)

When this charge applies

Indian Bank accounts closed on transfer to another branch, on the death of the account holder, and accounts held as Basic Savings Bank Deposit Accounts or small accounts, by students, or by pensioners without cheque facility. The schedule states no closure charge for any of these.

Within 14 days of opening: ₹0.00 · Within 1 year of opening — individuals: ₹750.00 · Within 1 year of opening — non-individuals: ₹1,000.00 · After 12 months: ₹0.00

When this charge applies

Indian Bank Current, Overdraft and OCC accounts closed in the stated windows. The categories the schedule exempts from any closure charge are stored as their own rule. GST is additional.

Within 14 days of opening: ₹0.00 · Within 1 year of opening — non-cheque-operated: ₹250.00 · Within 1 year of opening — cheque-operated: ₹500.00 · After 12 months: ₹0.00

When this charge applies

Indian Bank Savings Bank accounts closed in the stated windows. The concessional and the no-charge categories the same table lists are each stored as their own rules, so this rule carries the standard figures only. GST is additional.

₹150.00

When this charge applies

Indian Bank Savings Bank accounts closed within one year of opening, held by individual account holders in rural areas. The schedule states this concessional charge for both the cheque-operated and the non-cheque-operated savings rows. GST is additional.

₹0 (Free)

When this charge applies

J&K Bank Basic Saving Bank Deposit Account only.

₹0 (Free)

When this charge applies

Applies to all Kotak Everyday Savings and Kotak 811 accounts closed at branch or online.

Within 14 days of opening: ₹0.00 · 15 days to 12 months (Metro / Urban): ₹300.00 · 15 days to 12 months (Rural / Semi-Urban): ₹150.00 · Beyond 12 months: ₹0.00 · BSBDA (Zero Balance Account): ₹0.00

When this charge applies

Punjab National Bank savings accounts.

Closed within 14 days of account opening: ₹0.00 · Closed after 14 days but within 12 months: ₹500.00 · Closed after 12 months: ₹0.00

When this charge applies

Savings Bank account. Free within 14 days; Rs500 after 14 days but within 12 months; free after 12 months. Exemptions include closure due to death, BSBD accounts, loan accounts and specified Government PFMS accounts.

₹500.00

When this charge applies

RBL Bank savings accounts on the standard schedule, closed within 6 months of account opening. Waived if the account is closed within 14 days of account opening, and waived for senior citizens. Seniors First Savings carries no closure charge at all and is stored as its own product rule. The schedule states no charge for closure after 6 months, so none is recorded. Taxes are additional.

₹0 (Free)

When this charge applies

RBL Bank Seniors First Savings Account only; the schedule states account closure is free for this product, so the standard within-6-months charge on the same schedule does not apply to it.

₹0 (Free)

When this charge applies

SBI BSBDA Branch Channel only.

Within 14 days of opening: ₹0.00 · After 14 days and before 12 months — individual: ₹750.00 · After 14 days and before 12 months — others: ₹1,000.00 · After 12 months: ₹0.00

When this charge applies

UCO Bank Current and Cash Credit accounts. Charges are exclusive of GST.

₹0 (Free)

When this charge applies

UCO Bank Basic Savings Bank Deposit Accounts and small accounts. The schedule states no closure charge for them, so the savings closure bands do not apply.

Within 14 days of opening: ₹0.00 · After 14 days and before 12 months: ₹350.00 · After 12 months: ₹0.00

When this charge applies

UCO Bank savings accounts with cheque book. The schedule states no closure charge for BSBDA and small accounts, which is stored as its own rule. Charges are exclusive of GST.

Within 14 days of opening: ₹0.00 · After 14 days and before 12 months: ₹250.00 · After 12 months: ₹0.00

When this charge applies

UCO Bank savings accounts without cheque book. The schedule states no closure charge for BSBDA and small accounts, which is stored as its own rule. Charges are exclusive of GST.