HDFC Bank — New Savings Accounts

HDFC Bank launched:

  • Max for Seniors
  • Max for Her

Max for Seniors

  • Target group: Senior citizens
  • Cyber insurance: up to ₹25,000
  • Debit-card-linked accidental death cover: up to ₹3.19 crore
  • Auto Sweep facility
  • Additional FD interest: 0.5%

Max for Her

  • Target group: Women
  • Accidental death cover: up to ₹3.19 crore
  • Additional accident cover: up to ₹10 lakh
  • Health check-up
  • Airport lounge access
  • Discount on locker charges

UPSC Focus: Banking | Financial inclusion | Women | Senior citizens