Add a beneficiary to your NetBanking account and start transferring funds to them within 24 hours.
Here's how you can add a beneficiary via NetBanking.
Step 1
Login to NetBanking using your NetBanking ID and Password, and then go to > Funds Transfer > Request > Add a Beneficiary.
Step 2
Under the Funds Transfer section in NetBanking, select the 'Transaction Type' and click on the 'GO' icon.
Step 3
Choose the account and beneficiary, then input the required information.
(For a new beneficiary, include their account number, bank, and branch IFSC code.)
Step 4
Verify the details, and confirm and finalise the procedure if they are correct.
Access NetBanking with your credentials, then navigate to Funds Transfer > Request > Add a Beneficiary.
Adding beneficiary details to your bank account enables you to transfer funds in a secure and convenient manner. By registering the recipient's details, such as account number and bank information, transactions can be swiftly processed without the need for repeated input of recipient data.
Yes, adding a beneficiary to a bank account is safe. Banks employ robust security systems to safeguard customer data and transactions. Additionally, authentication processes such as OTP verification ensure that only authorised individuals can add beneficiaries.
HDFC Bank approves the beneficiary account addition request within 30 minutes after submission.
To enhance security, the bank permits fund transfers of up to ₹50,000/- solely to the recently added beneficiary (in full or in parts) within the initial 24 hours of adding them.