Prompt Payments
- HDFC Bank offers many payment products to suit your various needs
- Payable at Par Cheque Book
- Issue local cheques at all HDFC Bank branch locations through one cheque book and eliminate the need for demand drafts or opening current accounts at each location.
- At-par facility for Statutory Payments
- Easily make various statutory payments such as dividend or interest, redemption of debentures, IPO refunds etc. Available at 3,200+ HDFC Bank locations.
- Features include:
- HDFC Bank branch locations - covers over 98% of shareholders and beneficiaries for most of our clients. Hence reconciliation, query resolution and pricing are superior
- No dependency on correspondent bank due to wide coverage of HDFC Bank
- The maximum limit on warrant can be mutually agreed upon - substantially reducing draft costs and efforts
- Meet your requirement for large volumes of drafts in a short time at competitive rates
- Get an at par cheque book on branch locations, after revalidation and eliminate the need for Demand Drafts (DD) on branch locations.
- Pay Quick
- Issue large volumes of demand drafts or pay orders at over 3,200 HDFC Bank locations.
- Through its correspondent arrangement, HDFC Bank issues drafts at more than 11,000 locations.
- Features include:
- Option to forward data in soft copy in a secure environment
- New age data transfer facility i.e. file transfer through HDFC Bank ENet Banking
- Quick & easy data transferability from your office to HDFC Bank
- Multiple payment instructions through one file
- Exclusive advice template with maximum coverage of details
- Bulk upload option for quick and error-free delivery
- Payment instrument to include payment details
- Facility to mail to beneficiary directly. The committed courier turnaround time enables you to make payments as close as possible to the payment date - resulting in additional cost savings
- Value-added MIS & exclusive report
- One-stop dedicated Service Desk at our Centralised Cash Management Operations Unit for prompt attention to your queries
- Extensive coverage of pay order printing at over 800 locations.
- Get status of paid and unpaid DDs at HDFC Bank location on a case to case basis