Are you trying to add a beneficiary to your HDFC bank account? Then it’s a very simple process, and in this post, I am going to tell you how you can do this.
What Is Beneficiary In HDFC Account?
In order to transfer funds to any person from your HDFC Netbanking users are required to add the beneficiary. So Beneficiaries are those to whom you want to transfer the fund.
Suppose you want to transfer the funds to a “XYZ” person. So in order to transfer the fund from your HDFC net banking, you have to add XYZ person account details under your beneficiary.
how to add beneficiary in HDFC NetBanking?
Method 1: Using Internet Banking
- First, go to the HDFC Netbanking login page.
- Login to your account with your NetBanking details.
- Tap Fund Transfer from the top menu.
- Tap Request.
- Tap Add Beneficiary.
- Choose from the transaction type, such as IMPS, transfer within the bank, etc.Â
- Fill your beneficiary account details.
- Once all information is filled tap Add.
- Review all the information, and confirm.
- You will receive an OTP on your registered Email or phone number.
- Enter the OTP.
- You are done, now you have to wait around thirty minutes in order to activate your beneficiary.
Method 2: Using HDFC App
- Download HDFC Netbanking app.
- Login to your Account.
- Tap the Menu icon from the top left corner.
- Tap Pay.
- Then tap Money Transfer from the sub-menu.
- Tap Add New Payee.
- Choose the Transfer type.
- Now tap the Account category and choose if the beneficiary has an HDFC bank account or a non-HDFC bank account.
- Enter the beneficiary account details.
- Tap continue.
- Review the details and tap confirm.
- You will receive an OTP on your registered Email or phone number.
- Enter the OTP.
- You are done, now you have to wait around thirty minutes in order to activate your beneficiary.
FAQs | Frequently Asked Questions
If you want to transfer the fund from your HDFC Netbanking without adding a beneficiary then the only way is to make an IMPS transfer using MMID. If you don’t know MMID means Mobile Money Identification Number which is a seven-digit number. So by using MMID you can transfer funds from your HDFC NetBanking without adding a beneficiary.
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