The first financial institution which received the first ‘in principle’ which is approval from the RBI Reserve Bank of India is HDFC Housing Development Finance Corporation. After getting this permission they can set up a bank in the private sector. In 1994 it started as a private bank as a part of the RBI’s liberalization of the Indian Banking Industry.
Housing Development Finance Corporation Bank
Union Finance Minister by then in the year 1994 has inaugurated the HDFC’s first corporate office and full-service branch. This was located at Sandoz House, Worli. In 1995 January the bank has commenced operations as a commercial bank.
This bank offers a big range of payments and the collection services by them. These services are provided to meet the complex cash management needs of their corporate clients. With the help of this, it provides a large network of the HDFC branches with a centralized database for the transactions at any time from anywhere.
Registration to their customers with the HDFC Net Banking is given by default. To make life better every day the bank also provides credit cards to its customers. Credits cards come with many attractive offers that fulfill your many needs in meantime. More details of the credit cards can be known here.
HDFC Bank Financial Products
|HDFC Bank Deposit Account
HDFC Bank Lon
HDFC Bank DEPOSIT ACCOUNT
- HDFC Bank Savings Account-
About eleven (11) types of savings accounts are offering by the HDFC bank to their customers. These savings accounts help in serving the financial needs.
- HDFC Bank Current Account-
Eighteen (18) types of current accounts are available at the HDFC banks. Current accounts are used to serve the business’s needs. Current accounts allow the withdrawals of funds and there is no limit for the number of transactions in a day.
- Salary Accounts
- Rural Accounts
HDFC Bank LOAN–
- HDFC Bank Home Loan-
HDFC is offering three types of home loans to the customers. These loans come with attractive interest rates. Options of repayment of the loans are available in two options as you can opt it for the automated repayment and from the HDFC savings account the EMI will be directly repaid.
- HDFC Bank Personal Loan-
HDFC also offers personal loans to its customers with very attractive interest rates, less documentation, and with very less processing fees.
- HDFC Bank Loan against Property-
4 types of loans against property are providing by the HDFC. Up to 65% of the property’s value amount for the loan can be availed with the hassle-free process and attractive interest rates.
- Car Loan-
The individuals who are dreaming of their car can avail a car loan at the HDFC with up to 100% funding. There are three kinds of car loans available at the HDFC as per the requirement and the loan tenure period of 7 years.
- Education Loan-
Three types of education loans are available in the HDFC. These loans help the candidates in studying across the leading institutions in India and can fulfill their dreams. By using the sec 80 (E) of IT one can also take the tax benefits.
- Gold Loan-
By keeping the gold as the collateral, the customers can also avail a gold loan from the HDF to fulfill the financial needs and emergencies.
- Business Loan-
Up to Rs.50 Lakhs, the bank is providing business loans to its customers to fulfill the business necessaries.
- Fixed Deposit-
Fixed Deposit schemes are offering by the HDFC with the high returns to their customers. This scheme is helpful in investing money. Preferential interest rates are also there for senior citizens.
- Recurring Deposit-
With the minimum of a small amount of Rs.1000/- to Rs.14.99 per month with the minimum tenure period of 6 months to 10 years, the bank is offering the recurring deposit scheme.
- Credit cards-
To fulfill the needs of the customers the bank is offering many kinds of credit cards with the travel benefits, dining privileges, reward points, and more.
- Debit cards-
HDFC is offering types of debit cards to their customers to cater to their needs. These cards come with many offers on dining, traveling, shopping, discounts, cashback, and more.
- Health Insurance– The insurance covers the medical expenses.
- Vehicle Insurance – It is the insurance that covers cars, trucks, motorcycles, and other road vehicles.
- Travel Insurance – It is a type of insurance that covers the costs and losses related to traveling.
- Home Insurance – It is a form of property insurance that covers losses and damages to an individual’s home, along with furnishings and other assets.
- Life Insurance
- Balance Enquiry-
The customers of the HDFC bank can know their account balance in their accounts using Mobile Banking, Missed calls, Passbook, SMS, ATM, Net banking, and Customer Care.
- Mini Statement-
Mini statements of the accounts can be availed by the customers of their accounts by using Mobile Banking, Missed calls, Passbook, SMS, ATM, Net banking, and 24*7 available Customer Care services.
- Net banking-
The bank also provides the net banking service to its customers to check their recurring deposits, transfer funds, book fixed, and account balance.
- HDFC Bank Customer Care-
For knowing the queries, questions or to give any feedbacks or more the customers can contact the bank’s customer care executives using E-Mails, SMS, Customer care number which is available 24*7.
|Delhi and NCR||011 61606161|