How to check Bank Statement online?

Tracking one’s bank statements is a good habit, even if you don’t go to the bank often. It’s a chore that most people avoid, but it is important. For instance, if you are trying to improve your overall financial position, tracking your monthly bank statements lets you know exactly how much you spent and on what.

Tracking expenses is a pretty simple process, especially with the Internet banking platforms that banks offer. HDFC Bank, for example, offers an easy, intuitive and user-friendly interface, NetBanking, for all your online banking needs. 

There are several advantages to keeping an eye on your bank statements; here are some of the most important:

It tracks your spending habits

When you track your bank statements, you will be able to track your expenses as well. As a result, you will know what expenses are unnecessary and avoidable.

It monitors your account activity

Let’s assume you bought something and forgot about it. Now you’re racking your brains trying to figure out where the money went. There’s a simple solution: just scan your bank statement. This will have details about every transaction you made in the past month. So why not do this instead of taxing your memory?

It helps with reverting erroneous statements

It’s rare for banks to make mistakes but such things do happen occasionally. If you don’t track your bank statements, you won’t even realise there’s a mistake in the first place. Known as account reconciliation, this is an important task and your bank statements let you do this efficiently.

It catches unauthorised expenditure

Identity theft can be alarming. There’s a small chance for your card information to be stolen and used to make unauthorised purchases. To keep one step ahead, always track your bank statements regularly. This will allow you to report any unauthorised transactions. You can also identify any inadvertent ‘double payments’ and get such transactions reversed.

Here are the different ways to check your bank statement through HDFC Bank:

1. NetBanking

HDFC Bank offers an easy, intuitive and user-friendly interface, NetBanking, for all your online banking needs. You can log into your HDFC Bank NetBanking account to track your accounts. Here are the steps:

• Visit HDFC Bank’s NetBanking portal and log in to your account using your customer ID and password.

• Once logged in, navigate to the account summary or manage accounts section.

• In your account details, your account balance will be displayed.

2. Email Statements

If you are a savings or current account holder, you can apply to receive your account statements via email. Here are the steps to register for email statements:

• Via NetBanking: Login to the HDFC Bank NetBanking platform using your NetBanking ID and Password. Click on Email Statement under the Request section of the Accounts tab.

• Via HDFC Branch Bank: Complete the form and submit it at your nearest HDFC Bank branch.

3. Via PhoneBanking

Contact HDFC Bank’s PhoneBanking services to register for an email statement.

4. Mobile Application

With your HDFC Bank account number, you can utilise the bank’s mobile application, where you can securely login using your credentials and access your account details, including the current balance.

Log into your HDFC Bank NetBanking account here now!

So what are you waiting for? Make your life hassle-free by opting for NetBanking today!

Read more about taking advantage of NetBanking through your Debit Card.

* The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances.