Indialink

Benefits of IndiaLink

  • International Banks (correspondent banks) and exchange houses can streamline remittances to India for their customers through HDFC Bank’s IndiaLink service. This facility simplifies and eliminates the need for customers to create rupee demand drafts and utilise costly courier services. IndiaLink provides a secure and rapid method to send money to India.
  • Here are some notable benefits of IndiaLink:
  • Expedited Transfers
  • IndiaLink reduces the time taken for customers to send money to India from 15-20 days to just 3 working days, through an extensive network of reliable courier agencies.
  • Enhanced Customer Experience
  • IndiaLink offers immediate acknowledgment of transactions and allows customers to send personalised messages along with the money to the beneficiary, improving the overall customer experience.

IndiaLink Process

  • The procedure for sending money through IndiaLink is straightforward:
  • Your bank or exchange house must hold a rupee account with HDFC Bank.
  • The remitter provides you with the remittance details, fee, and amount.
  • You log in to the HDFC Bank website (www.hdfc.bank.in) and enter the remittance details through a secure interface.
  • We process the request and either issue a Demand Draft (sent by courier to the beneficiary through our branches or correspondent/exchange house banks) or directly credit the beneficiary accounts with us.
  • Beneficiaries can track the payment using the draft number and courier details.

More About IndiaLink

IndiaLink boasts various salient features to streamline remittances to India. It allows international banks and exchange houses to simplify fund transfers by eliminating the need for customers to create rupee demand drafts and use expensive courier services. The service also provides customers with immediate acknowledgement of the transaction and allows them to send a personalised message along with the money to the beneficiary. Additionally, IndiaLink online has an extensive network of reliable courier agencies to ensure quick delivery of drafts, and beneficiaries can track the payment using the draft number and courier details.

 

To apply for IndiaLink online, you can visit the HDFC website or look up for your nearest Partner Exchange House through the website itself. You can also visit the nearest HDFC Bank Branch and contact our service representatives, who would be delighted to assist you.

 

Frequently Asked Questions

HDFC Bank IndiaLink is a service offered by HDFC Bank to streamline and expedite the process of remittances to India for international banks (correspondent banks) and exchange houses. It allows these financial institutions to facilitate fund transfers to India for their customers in a simple, fast, and secure manner. IndiaLink eliminates the need for customers to create rupee demand drafts and use expensive courier services, offering a more efficient alternative for sending money to India.

To send money through IndiaLink online, you can follow these steps:

  1. Ensure your bank or exchange house has a rupee account with HDFC Bank.
  2. Collect the remittance details, fee, and amount from the remitter.
  3. Log onto the HDFC Bank website (www.hdfc.bank.in) and access the IndiaLink service through a secure interface and enter the remittance details into the system.
  4. HDFC Bank will process the request and either issue a Demand Draft (sent by courier to the beneficiary) or directly credit the beneficiary's account with HDFC Bank.
  5. Your beneficiaries can track the payment using the draft number and courier details provided.

The charges for using HDFC Bank's IndiaLink service vary based on the amount being remitted and the location from which the remittance is being made. It is advisable to check with HDFC Bank directly or visit their website for the most current fee structure.