Add a Beneficiary

Want to send money to someone new? With HDFC Bank’s NetBanking, you can easily add a beneficiary and start transferring funds securely in just a few clicks.

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What Is a Beneficiary and Why Add One?

A beneficiary is the person or organisation you wish to send money to. In simple terms, it’s the receiver of your funds. When you add a beneficiary in HDFC Bank’s NetBanking, you’re securely linking their account details so you can transfer money to them with ease — whether it’s a friend, family member, landlord, or a merchant.

Adding a beneficiary makes fund transfers quicker, safer, and more convenient. Here’s how it helps:

Faster Transfers

Once added, you can send money instantly without re-entering account details every time.

Enhanced Security

Beneficiary registration ensures your payments go to verified recipients only.

Convenience

Manage and track all your regular payees in one place for seamless transactions.

Flexibility

Transfer funds easily across HDFC Bank and other banks using NEFT, IMPS, or RTGS.

Error-Free Payments

Pre-saved details reduce the chances of entering incorrect account information.

How To Add a Beneficiary Via NetBanking

Add a beneficiary to your NetBanking Account and start transferring funds to them within 24 hours.
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 their details. Confirm and finalise the procedure if they are correct.

Frequently Asked Questions

You can easily add a beneficiary through HDFC Bank’s NetBanking. Simply log in, go to Funds Transfer→ Request → Add a Beneficiary, enter the required details, and confirm the addition using your authentication method.

You’ll need the beneficiary’s name, account number, account type, IFSC code, and the bank name/branch. Make sure these details are accurate to avoid transaction errors.

In most cases, the beneficiary is activated within 30 minutes after submission. However, the activation time may vary depending on the type of transfer and verification process.

Once the beneficiary is activated, you can start transferring funds through IMPS, NEFT, or RTGS. Before activation, transfers to that beneficiary won’t be possible.

To delete or edit a beneficiary, log in to NetBanking → Request Funds→ Funds Transfer → View/Delete Beneficiary. Select the beneficiary you wish to modify or remove and follow the on-screen instructions.