Introduction
What is InvestNow?
InvestNow is an online investment platform that allows individuals to invest in a wide range of financial products such as mutual funds, stocks, bonds, and more through HDFC Bank. It provides a convenient and user-friendly interface for investors to manage their investments, offering options for both short-term and long-term financial goals. InvestNow integrates with HDFC Bank's services, ensuring seamless transactions and access to real-time market information. It aims to empower users by providing them with tools and resources to make informed investment decisions tailored to their financial objectives and risk preferences.
FAQs
Login to NetBanking -> Go to Mutual Fund tab -> Click on InvestNow banner and you’ll be redirected to the InvestNow platform.
No, only a single account can be linked for all payments & redemptions on InvestNow.
No, InvestNow platform is totally free and there are no registration charges for the same.
InvestNow, as offered by HDFC Bank in India, is not a traditional broker in the conventional sense. Instead, it serves as an online platform that allows customers to invest in various financial products offered by HDFC Bank. It provides access to mutual funds, fixed deposits, bonds, insurance products, and more, directly through HDFC Bank's infrastructure. Investors can manage their investments, track performance, and make transactions conveniently online. While InvestNow facilitates investment activities, it operates under HDFC Bank's regulatory framework and does not act as an independent broker executing trades on behalf of clients in the stock market or other financial markets.
A resident Indian who has a single owner Savings Account of HDFC Bank can register for InvestNow. Your PAN needs to be KYC registered compliant as per SEBI guidelines. You can check you PAN status here: https://camskra.com.
InvestNow is considered trustworthy as it operates within the framework of HDFC Bank, a reputed financial institution in India. It adheres to regulatory guidelines set by SEBI (Securities and Exchange Board of India), ensuring compliance with KYC norms for investor protection. The platform offers transparency in investment options, providing detailed information about products, risks, and returns. Additionally, HDFC Bank's robust security measures safeguard user data and transactions, enhancing trust among investors. InvestNow's integration with HDFC Bank's infrastructure also ensures reliability, facilitating seamless and secure transactions for individuals seeking to invest in various financial instruments.
Customers can submit the KYC form & supporting documents to their nearest HDFC Bank branch for processing. The form can be downloaded from www.hdfcbank.com --> Form Center --> Demat Account --> CKYCR Form_Individual
To add a nominee for your investment, click on your profile & go to 'Add Nominee' option and add requisite details of the nominee.
You can drop an email at investnowsupport@hdfcsec.com for any queries pertaining to InvestNow.