Have you ever thought of transferring money to people in your phonebook contact? If anyone tells you about this option you might think that person is out of his mind. HDFC bank has come up with this innovative mobile application HDFC Chillr. This revolutionary mobile app will allow you to transfer money instantly to any contact in your phonebook. You can transfer money 24*7 which means at any time of the day you can help your family, friends and relatives.
In an attempt to woo its customers HDFC Bank has launched Digital wallet – merchant payment service, which can be used across various online retailer outlets. Customers can make payments for their purchases on various websites by remembering their HDFC Bank digital wallet details.
RBI on it Circular stated that from now onwards Banks cannot levy penality charges on non-maintenance of minimum balances in inoperative Accounts.
If you are an account holder of HDFC Bank and if you don’t operate your savings or current account for a year then HDFC Bank will levy a charge of Rs 50 on inoperative account. This charge is applicable across savings and current account on per quarter basis effective from 1st Jan 2012 onwards.