How to Make Online Money Transfer in HDFC Bank
Transferring money online has become an essential part of our daily lives, and HDFC Bank, one of India’s leading private sector banks, offers a seamless and secure platform for online money transfers. Whether you need to send money to a friend, pay bills, or transfer funds to your savings account, HDFC Bank’s online money transfer services are designed to cater to your needs. In this detailed guide, we will walk you through the process of making an online money transfer in HDFC Bank.
Creating an HDFC Bank Account
Before you can start making online money transfers, you need to have an HDFC Bank account. If you don’t already have one, you can visit your nearest HDFC Bank branch or apply online. Here’s a step-by-step guide to creating an HDFC Bank account:
- Visit the HDFC Bank website or download the HDFC Bank mobile app.
- Select “Open an Account” and choose the type of account you want to open (savings, current, etc.).
- Fill in the required details, such as your personal information, address, and employment details.
- Upload the necessary documents, such as identity proof, address proof, and PAN card.
- Submit the application and wait for the bank to verify your documents.
- Once your account is activated, you can proceed to make online money transfers.
Registering for Online Banking
Once you have an HDFC Bank account, you need to register for online banking to make online money transfers. Here’s how to register for HDFC Bank’s online banking service:
- Log in to your HDFC Bank account on the website or mobile app.
- Select “Online Banking” and click on “Register for Online Banking.”
- Enter your account details and choose a username and password.
- Submit the application and wait for the bank to send you a confirmation message.
- Activate your online banking account by following the instructions provided in the confirmation message.
Adding Beneficiaries
Before you can transfer money online, you need to add beneficiaries to your HDFC Bank account. Here’s how to add a beneficiary:
- Log in to your HDFC Bank online banking account.
- Select “Manage Beneficiaries” from the menu.
- Click on “Add Beneficiary” and enter the details of the person or entity you want to add as a beneficiary.
- Enter the account number, IFSC code, and other required details.
- Submit the application and wait for the bank to verify the details.
- Once the beneficiary is added, you can proceed to make an online money transfer.
Transferring Money Online
Now that you have an HDFC Bank account, registered for online banking, and added beneficiaries, you can start making online money transfers. Here’s how to transfer money online:
- Log in to your HDFC Bank online banking account.
- Select “Fund Transfer” from the menu.
- Choose the type of transfer you want to make (NEFT, RTGS, IMPS, etc.).
- Select the beneficiary from the list of added beneficiaries.
- Enter the amount you want to transfer and review the details.
- Enter the transaction password or use your biometric authentication to authorize the transfer.
- Once the transfer is confirmed, you will receive a confirmation message on your registered mobile number and email address.
Understanding Fees and Limits
It’s important to understand the fees and limits associated with online money transfers in HDFC Bank. Here’s a table summarizing the key information:
| Transaction Type | Maximum Amount | Transaction Fee |
|---|---|---|
| NEFT | Up to 鈧?0,000 per transaction | Free for transactions up to 鈧?0,000; 鈧? for transactions above 鈧?0,000 |
