HDFC Bank has announced significant updates to the eligibility criteria for its Preferred Banking Programme, offering customers more flexible ways to qualify for premium services. These revisions, including the introduction of a new Total Relationship Value (TRV) option, will be effective from October 1, 2025.
Key Updates to Eligibility:
Customers can now qualify for HDFC Preferred Banking by meeting any one of the following criteria:
- Savings Account: Maintain an average monthly balance of ₹4 Lakhs (Revised).
- Current Account: Maintain an average quarterly balance of ₹6 Lakhs (Revised).
- Retail Liability Accounts: Maintain an average monthly balance of ₹20 Lakhs (Revised).
- Corporate Salary Account: Receive a net monthly salary of ₹2 Lakhs or more (Revised).
- NEW: Total Relationship Value (TRV): Maintain a TRV of ₹50 Lakhs or more across all eligible HDFC Bank accounts.
Understanding Total Relationship Value (TRV):
TRV represents the aggregate value of your holdings and relationships with HDFC Bank. It includes balances across your Savings Accounts, Current Accounts, Fixed Deposits, Outstanding Loan amounts, and Investment Accounts. This new option provides a comprehensive and flexible pathway for customers to enjoy the benefits of Preferred Banking.
These changes aim to cater to diverse financial management styles, ensuring continued access to priority services, faster turnaround times, and personalized banking experiences.
